Experts 'reveal' 3 signs to identify urban areas with outstanding development potential

What is the foundation for developing a successful urban area?

According to expert Dinh Minh Tuan - Southern Regional Director of batdongsan.com.vn, to develop a multi-functional integrated urban area, the first and most important factor is to have a large enough land fund. In central areas or strongly developed markets, finding suitable land funds becomes extremely difficult.

More importantly, for urban areas to have sustainable “vitality”, they need to attract residents to live and build a prosperous community. To achieve this, urban areas must have convenient locations, developed transport infrastructure, along with an “all-in-one” utility system to help residents enjoy a comfortable life without having to travel far.

Based on the above factors, Long An seems to become a "golden coordinate" attracting investment and settlement, thanks to its outstanding advantages:

Firstly , compared to the eastern provinces bordering Ho Chi Minh City such as Binh Duong , Long An still possesses the advantage of a large clean land fund. According to the land fund development plan, in the period of 2026 - 2030, Long An strives to complete compensation and site clearance of at least 5,000 hectares of land to meet the requirements of rapid and sustainable socio-economic development. In the immediate future, in 2024, compensation, site clearance and land acquisition of about 1,000 hectares will be completed.

Second , infrastructure is strongly invested in development. In 2024, Long An is allocated 2,886 billion VND to invest in traffic infrastructure projects, focusing mainly on important traffic routes of regional connectivity. The routes connecting Long An - Ho Chi Minh City, Long An - Southeast are being promoted: Ho Chi Minh City Ring Road 3, Provincial Road 823D, Provincial Road 830E, Ben Luc - Long Thanh Expressway, Provincial Road 818,... When completed, the routes will expand the population from Ho Chi Minh City to the satellite city in the West of Saigon; at the same time, welcome the wave of experts coming to Long An to work,...

Many large-scale urban areas with modern planning and high-class amenities are increasingly invested in and developed in Long An.

Third , to meet the needs of "centrifugal" living and develop satellite urban models, Long An has been forming modern, classy urban areas invested in and built by "big guys" such as Vinhomes, Ecopark, Thu Thua Invest, Nam Long Group, Thang Loi Group, ... These projects are mainly concentrated in Ben Luc, Duc Hoa and recently Thu Thua, promising to bring a completely new look to the area.

Thu Thua administrative center urban area - Agora City

2024 is considered the shining time of the Long An market with many positive indicators. The Provincial Competitiveness Index (PCI) rose to the second position, and the province is in the top 10 localities in attracting FDI with a cumulative capital of 11.1 million USD. Many large enterprises such as Aeon Mall and Suntory Pepsico continuously flock to Long An, contributing to the comprehensive development of socio-economic, infrastructure and attracting the labor force. Thanks to that, the demand for housing, real estate and accompanying utility services also has the opportunity to develop strongly.

Thu Thua administrative center urban area - Agora City is located right on the frontage of Provincial Road 818 (40m wide), this is a major arterial road in Thu Thua.

Anticipating the great real estate demand in Thu Thua (Long An), investor Thu Thua Invest has launched the urban area Agora City. The project is located on the frontage of Provincial Road 818 (40m wide) - a major road connecting the entire Thu Thua. This is also the route connecting the North - South expressway in the East (HCMC - Trung Luong), the North - South expressway in the West (National Highway N2 expansion), connecting to the network of Ho Chi Minh City Ring Road 3, Ho Chi Minh City Ring Road 4, connecting to the Ben Luc - Long Thanh expressway, ... conveniently connecting to the East of Saigon and international port clusters, international airports.

To bring the experience of European-standard living to customers, Thu Thua Invest officially opened the model home cluster on May 18, 2024.

The urban area has a scale of nearly 50 hectares, of which more than 54% of the area is used to develop green areas, water surfaces and utility works. Accordingly, the project is invested in developing modern utilities: Hoa Binh walking street, ^5,000m2 commercial center, riverside ecological park, light square, wine castle, medical center,...

In particular, the central area of Thu Thua district with a scale of 5 hectares is located right in the center of Agora City urban area with a construction floor area of ^12,000m2 and the highlight is the large Thu Thua square with a scale of ^9,000m2 . This will be the headquarters of 26 agencies and organizations and more than 200 district officials, expected to be put into operation by the end of this year.

Currently, the project has been allocated 100% of the land, has paid for land use and has been granted a land use right certificate. The company is contacting departments, branches and sectors to carry out the acceptance and handover of the first phase of infrastructure. With guaranteed construction progress and solid legal status, the project promises to become an ideal place to live and a perfect profitable investment opportunity for investors./.

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