Mergers create waves, coastal land turns to gold

Real estate market enters reshaping phase after merger of Binh Duong - Ho Chi Minh City

The merger of Binh Duong into Ho Chi Minh City from July 1st not only changes the administrative boundaries, but also opens up new momentum for the development of multi-center urban space. In that context, inter-regional real estate - especially in border areas - is becoming a hot spot of the market.

In recent years, infrastructure has been continuously invested heavily: National Highway 13 expansion, Ring Road 3, Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway have been put into operation, creating a smooth connection axis. The distance between the suburbs has gradually been erased, especially the Northeast area of ​​Ho Chi Minh City, which only takes about 15 minutes to travel to the center, becoming a "golden land" in the eyes of investors.

Records from a number of trading floors show that the number of real estate searches and transactions in inter-regional areas has increased sharply in recent months. Many investors consider this a “golden time” to anticipate new urban planning and development trends.

Sustainable or short term?

Mr. Dinh Minh Tuan - Economic expert, commented:

“Inter-regional real estate is gradually becoming a strategic choice. However, it requires systematic planning, clear legal framework and synchronous infrastructure so that opportunities do not only come in the short term, but also become a sustainable foundation for a multi-center urban model in the future.”

According to experts, the decisive factor lies not only in the attractiveness of the market but also in the synchronization of planning and management. If this opportunity is well taken advantage of, the inter-regional real estate market will not only develop explosively, but also contribute significantly to forming a new face for the expanded Ho Chi Minh City.

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Source: https://htv.com.vn/sap-nhap-tao-song-dat-ven-hoa-vang-222250820141701132.htm