The newly formed National Highway 13, a series of real estate projects around will benefit…

Planned for the second largest public investment in the province, Thuan An urgently implements the project items and works included in the decision, such as clearance of National Highway 13, sections from Vinh Phu welcome gate to the intersection. Ong Bo bridge, Ong Bo bridge to Huu Nghi intersection, Tu Do intersection to Le Hong Phong intersection... serving to turn a part of National Highway 13 into a boulevard.

Efforts to clear the ground on National Highway 13

Previously, the Department of Transport of Ho Chi Minh City submitted to the City Council for a policy to implement the project of upgrading and expanding National Highway 13, from Binh Phuoc intersection to the foot of Binh Trieu bridge. The project is being planned for investment and will be implemented in the period of 2021 - 2025.

Belonging to the Innovation Region of Binh Duong, Thuan An is oriented to become a smart city - a grade 1 city of the province in the period of 2021 - 2025, starting with the preparation of modern infrastructure to pave the way for the future. evolution.

This year, the public investment plan of Binh Duong province is 3,240 billion VND, of which Thu Dau Mot is about 572 billion VND, Thuan An is 519 billion VND and Di An is 428 billion VND. Planned for the second largest public investment in the province, Thuan An urgently implemented the project items and works included in the decision.

Currently, this province is focusing on clearing the ground for key roads, soon turning the orientation into Smart City - Urban Grade 1 as planned. Specifically, according to the plan, in early 2021, Binh Duong People's Committee will renovate and expand National Highway 13, the section through Thuan An. The work extends from the welcome gate of Vinh Phu to the intersection of Le Hong Phong street, with the size of 8 lanes, the road width of 64m; expected to be completed by 2023.

This route is divided into 3 phases: From Vinh Phu greeting gate to Ong Bo bridge intersection; from Ong Bo bridge to Friendship Vsip 1 intersection, and from Tu Do intersection to Le Hong Phong intersection…, serving to turn a part of National Highway 13 into an boulevard.

Currently, the section from Ong Bo bridge to Vsip has spent about 500 billion on site clearance; Vsip to Le Hong Phong 1200 billion in ground clearance. In the plan, these 2 sections will be prioritized to do first.

Binh Duong province is focusing on clearing the arterial roads of National Highway 13 with tens of thousands of billion dong, creating a driving force for the market and regional real estate projects to develop according to

According to the Thuan An urban construction project to 2020, with a vision to 2030, National Highway 13 is identified as the backbone road, the regional trade center of the whole Binh Duong with a series of commercial - service centers - finance, banks, hotels, luxury apartments.

Thus, the backbone roads from Ong Bo bridge to Le Hong Phong of National Highway 13 are being urgently cleared, when formed, it will promote the development of a series of real estate projects on this road. In order of benefits, there are projects like Ecoxuan - located right in front of National Highway 13, almost benefiting the most from the expansion of this route. Next are the projects The Rivana, Astral City; Emeral Golf View; Lavita Thuan An, Opal City View, Opal ParkView, Opal Central Park…

Recently, according to Decision 931/QD-UBND v/v on adjusting the public investment plan in 2021. Accordingly, the investment capital for the project to liberate National Highway 13 from Tu Do intersection to Le Hong Phong intersection will be increased more than 6 times, moving from the list of preparation for investment to the implementation of the project. Sections of National Highway 13 from Vinh Phu welcome gate to Ong Bo bridge intersection, Ong Bo bridge to Friendship intersection, etc. are also planned for investment with adjusted capital increased 4 times compared to the initial capital.

In addition to National Highway 13, Binh Duong People's Committee is focusing on expanding and building DT 743A road (from km2+500 to DT743B) and DT743B road (from An Phu junction to Song Than Industrial Park) with a road width of 54m. Road DT 743C (route from Ong Bo bridge to Dong Tan junction) and DT746 (from Binh Quoi junction to Binh Hoa junction) will be increased to 42m. My Phuoc - Tan Van road, Ring Road 3 widens the width of 50m - 70m. Along with that, before 2025, 45km of railway, 11km of Metro running through Thuan An with a total investment of more than 10,000 billion VND will also be completed.

Investors in "preemptive" infrastructure

It can be seen that the record capital poured into the infrastructure in the next 2 years is creating a huge leverage that makes the Thuan An real estate market explode. Preliminary statistics show that in 2020, Thuan An will receive a supply of nearly 15,000 apartments from large projects. And this is also the market to welcome the strong wave of real estate investment in recent times from Ho Chi Minh City investors when the supply of real estate in the city is scarce.

Notably, the most high-end projects of Thuan An that have been launched in recent years are concentrated around National Highway 13 - The road is planned to become the service center of the whole Binh Duong with high-class apartments, hotels, banks. goods, financial towers… should be noticed by buyers.

With the transport infrastructure being deployed strongly, many investors are focusing their attention on the Binh Duong real estate market. The move to "go ahead" has also appeared in recent times when infrastructure and traffic information is increasingly clear.

According to the market report of batdongsan.com, among the southern provinces and cities, Binh Duong real estate is the most interested market. The level of interest of real estate investors in Binh Duong is twice that of Long An, and exceeds Dong Nai (data for the first quarter of 2021). Also in this quarter, Binh Duong is only behind Ho Chi Minh City in terms of the number of new projects announced to the market.

In March 2021, Binh Duong and Vung Tau markets had outstanding growth in search volume with the index of 61% and 65% respectively in the first 3 months of this year 2021.

Thus, to see, benefiting from infrastructure, residential real estate in Thuan An not only attracts many real estate entrepreneurs to work on projects but also attracts many individual investors, making the market here become vibrant. last time.

According to Mr. Nguyen Hoang - DKRA Vietnam R&D Director, with the advantage of connecting from National Highway 13 to Thu Duc City and the center of Ho Chi Minh City, projects in this area benefit greatly and have a lot of potential. strong growth potential in the future. This expert explained, one of the big reasons driving the demand for real estate ownership in Thuan An, Di An in particular and Binh Duong in general is the real demand of people living and working in the city. the whole area of Ho Chi Minh City and satellite cities.

“Apartments priced at 35 million VND per square meter have long since disappeared from the HCMC market. This leads to the migration trend of people with real housing needs, they look to places with the same quality of life, the connection is not too far away, but the price is much more affordable,” emphasized Mr. Nguyen Hoang.

Currently, Binh Duong has more than 1.2 million experts, engineers, and skilled workers coming to live and work in industrial parks such as VSIP, Tan Uyen, Viet Huong, Becamex... of which 85% are immigrants. This is a group of people with a very large need for settlement, estimated to be 8 times higher than that of local people. In the coming years, when the process of industrialization and modernization in Binh Duong is further accelerated, the demand for housing in developing urban areas such as Thuan An, Di An, Thu Dau Mot, Ben Cat ... is increasing. large and varied.

In the first two months of 2021 alone,

Binh Duong has attracted 396 million USD of FDI, reaching 28% of the year plan, maintaining the top position of localities attracting the strongest foreign capital in the country. With the status of an "industrial capital", along with the increasing prestige of Vietnam in the international arena, Binh Duong has many opportunities to benefit from foreign investment. Since then, a large community of experts and intellectuals has been formed in Binh Duong, requiring a quality, comfortable living environment and towards sustainable development.

That is not to mention the people living and working in Ho Chi Minh City and especially the newly established Thu Duc City all have the need to improve the quality of life through quality investment apartment projects, methodical, comfortable and in harmony with the landscape. With the price level is still relatively "soft" compared to Ho Chi Minh City and Thu Duc City, Thuan An city is a settlement destination for people.

Although the real estate market in general has experienced many fluctuations and has been affected by the epidemic situation since 2020,

However, the apartment segment has not cooled down, especially in new projects entering the market in Di An and Thuan An cities. The majority of buyers are living and working in the East of Ho Chi Minh City, Binh Duong, Dong Nai…Recorded from the trading floors in Binh Duong, the projects along the axis of Binh Duong Boulevard (National Highway 13) are in existence. top good forever. Particularly, projects near intersections that are convenient for moving such as from the boulevard to Ho Chi Minh City attract the attention of buyers.

Recently, Mr. Nguyen Hoang Thao, Chairman of the Provincial People's Committee, directed units, localities and project owners to accelerate the implementation and disbursement of public investment capital in 2021 according to the set plan. . This will promote the development of regional transport infrastructure, leading to the sustainable development of the real estate market. Therefore, it is understandable for businesses as well as individual investors to "take the lead" in infrastructure, with a medium-long-term investment vision in real estate.

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