For many years, the East and South of Ho Chi Minh City were the focal points of real estate development thanks to their pre-existing infrastructure. Currently, the market landscape is gradually shifting as the West, including the former Binh Chanh and former Long An areas, enters a major infrastructure investment cycle. Ring road, expressway, and radial axis projects are being accelerated, creating a foundation for population decentralization and the shift of real estate capital to this area.
Prominent in the western area is the Ring Road 3 – considered the "backbone" connecting Ho Chi Minh City with Long An, Dong Nai , and the former Binh Duong. This project is nearing completion, with 8 lanes, creating a new transportation corridor for the western and southwestern areas of the city. Simultaneously, the Ben Luc – Long Thanh expressway plays a crucial role in directly connecting the western part of Ho Chi Minh City with the eastern part and Long Thanh airport. Ring Road 4 is currently undergoing land clearance for construction to begin in early 2026.
In addition to ring roads and expressways, the western area also benefits from a system of radial axes and expanding urban roads. Extending Vo Van Kiet Boulevard towards Binh Chanh, connecting to the former Long An province, opens up new urban development space along these transportation routes.
According to the real estate market report for the western area of Ho Chi Minh City, published by the Batdongsan platform at the end of 2025, infrastructure has become a key factor shaping new price levels in suburban areas.
To explain the potential of the western area of Ho Chi Minh City, Mr. Dinh Minh Tuan - Director of Batdongsan's Southern Region - cited the example of a similar development model in the capital city. The development of the ring road system has expanded urban space, formed satellite cities, and created a new price level for real estate in suburban areas.
Data from the platform shows that real estate prices in areas connected to Hanoi's ring road have increased significantly during the 2021-2025 period. Specifically, the area along Ring Road 3 recorded a price increase from 54 to 162 million VND per square meter, equivalent to a threefold increase. Ring Road 2 increased from 89 to 243 million VND, while Ring Road 1 increased from 124 to 288 million VND per square meter.
Notably, even in its early stages of implementation, the price of land along Ring Road 4 increased from 15 million to 47 million VND, more than tripling in just four years. These figures show that real estate prices have risen most sharply in areas directly benefiting from transportation infrastructure, rather than increasing uniformly across administrative boundaries.
According to the unit's assessment, infrastructure development typically precedes real estate prices. Once roads are completed, new flows of population and capital begin to shift, driving up demand for housing, commercial spaces, and services. Hanoi has gone through this phase for about 5-7 years, from the start of infrastructure investment to the clear formation of satellite cities.
The western area of Ho Chi Minh City is currently considered to be in the early stages of a similar cycle. Infrastructure is being laid, while land reserves are still relatively large compared to the eastern and southern areas. Price levels in many western areas remain affordable, creating room for upward adjustments in the medium and long term as transportation projects become operational.
In this picture, well-planned urban areas located near strategic transportation routes are considered beneficiaries. Mr. Dinh Minh Tuan cited LA Home urban area as an example of a prominent project in the western gateway area of Ho Chi Minh City. This project covers 100 hectares and is situated on the Luong Hoa - Binh Chanh boulevard (connecting directly to Ho Chi Minh City in 5 minutes). The urban area is also close to Ring Road 3, Ring Road 4, the Ben Luc - Long Thanh expressway, and the Ho Chi Minh City - Trung Luong expressway, facilitating multi-regional connectivity.
This project is also located opposite the 400-hectare Prodezi Industrial Park, which is planned with an ecological approach. The industrial park is expected to attract tens of thousands of workers and experts, creating potential for generating revenue from the demand for housing. Furthermore, once the infrastructure is completed, real estate adjacent to the city with convenient connectivity is expected to maintain its growth momentum.
Source: https://baotayninh.vn/loi-the-tang-gia-cua-bat-dong-san-khu-tay-tp-ho-chi-minh-136673.html
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