Great attraction from urban planning

The real estate market in the West of Ho Chi Minh City is a hot spot attracting the attention of investors. In particular, Binh Chanh district has emerged as a potential “seed” thanks to the rapid urbanization combined with the wave of population dispersion from the center of Ho Chi Minh City.

Binh Chanh – has great potential to become a “golden land”

Despite the economic challenges, Binh Chanh still stands out as an ideal destination for those looking for a settlement solution. Located at the southwestern gateway of Ho Chi Minh City, Binh Chanh District not only plays the role of a "connection" between the Mekong Delta provinces and the city center, but is also one of the three localities with the largest area in Ho Chi Minh City, with more than 252 km², accounting for 12% of the total area of ​​the city, second only to Can Gio and Cu Chi. The population of the district has increased 2.5 times in just 13 years, currently more than 800,000 people, and increases by an average of 40,000 people per year. This is also the district with the largest population in the country.

Binh Chanh is rising to become the center of real estate in Ho Chi Minh City.

Many key infrastructure projects with a total investment of billions of USD are opening up strong development opportunities for Binh Chanh. The transport infrastructure system here is invested systematically and synchronously, including National Highway 1A, Provincial Road 10, National Highway 50, Ho Chi Minh City - Trung Luong - My Thuan Expressway, Nguyen Van Linh Avenue and Ring Road 3. At the same time, the district is also promoting the expansion of key routes such as Vo Van Kiet Avenue and National Highway 50, as well as the Tham Luong - Ben Cat - Rach Nuoc Len canal renovation project.

Notably, the Metro 3A project (Ben Thanh - Tan Kien) is 20 km long with 18 stations and a total investment of about 68,000 billion VND, which will help shorten the travel time from Binh Chanh to the center of Ho Chi Minh City to 15-20 minutes. Thanks to the convenient transportation system and strong infrastructure development, Binh Chanh is increasingly becoming an ideal destination for the wave of population dispersion, while creating many opportunities for the real estate market in this area.

Oriented to become the economic and service center of the region, Binh Chanh has continuously improved its traffic infrastructure, creating the premise for strong development. The district focuses on building infrastructure, public utilities, schools, hospitals and improving the quality of life. This orientation not only reduces population pressure on the center of Ho Chi Minh City but also promotes the development of industrial parks, urban areas and high-tech agriculture, making Binh Chanh an attractive residential and investment coordinate.

Ho Chi Minh City residents seek housing solutions in Binh Chanh

In the context of real estate prices in Ho Chi Minh City continuously skyrocketing, the need to find reasonable housing solutions has become a top priority for many people. According to recent reports, apartment prices in Ho Chi Minh City have exceeded 87 million VND/m².

Market research unit Avison Young Vietnam said that nearly 90% of the product baskets opened for sale in the last 3 months of 2024 are priced from 3,000-5,000 USD (equivalent to 60-120 million VND) per ^square meter, belonging to the high-end product line. Meanwhile, the affordable segment continues to be absent.

Scarcity of land fund, limited licensing of high-rise projects and tightening credit policies for real estate have made mid-range apartments rare. Faced with this reality, buyers tend to shift to suburban areas such as Binh Chanh, Nha Be or Binh Duong, Long An, Dong Nai, etc. However, finding products with standard infrastructure and clean legal documents in the current market is not easy.

In the context of scarce apartment supply in Ho Chi Minh City, Conic Boulevard (Binh Chanh) quickly attracted the attention of customers and investors. Strategically located at the intersection of Vo Van Kiet Avenue and National Highway 1A, Conic Boulevard helps residents easily connect to central districts such as District 5, District 6, and the South Saigon area via Nguyen Van Linh Avenue. Moreover, the project is also convenient for traveling to the Western provinces via Ho Chi Minh City - Trung Luong Expressway.

Conic Boulevard – ideal investment and residential destination

Residents at Conic Boulevard can also easily connect to all necessary amenities within a radius of 2-5 km such as: Aeon Mall Binh Tan Shopping Center, Go! An Lac Supermarket, Binh Dien Wholesale Market, City Children's Hospital, schools of all levels, ...

Conic Boulevard is also located near the Tham Luong – Ben Cat – Rach Nuoc Len canal, an important renovation project with a total investment of VND8,200 billion. When completed in mid-2025, this project will not only improve connectivity but also increase real estate value for neighboring areas, including Conic Boulevard.

Planned on a land fund of 5.3 hectares, Conic Boulevard has an ideal construction density of only 28.7%, including two 15-storey towers, providing the market with nearly 1,000 apartments. The project integrates many amenities such as kindergartens, playgrounds, outdoor sports fields and clubhouses, meeting the needs of a modern and green living space.

With an estimated price of VND 37 million/m2, Conic Boulevard makes it easy for buyers to access housing thanks to a payment policy of only 15% initially. Viet A Bank supports loans up to 85%, preferential interest rates for 18 months and principal grace period up to 60 months. This is an opportunity worth considering for those looking for a housing solution in Ho Chi Minh City, in the context of the real estate market still facing many challenges and fluctuations.

With the synchronous development of infrastructure, Binh Chanh is increasingly consolidating its position as an important satellite city of Ho Chi Minh City. The appearance of Conic Boulevard is not only in line with the sustainable development orientation of Binh Chanh district, but also opens up opportunities to own quality apartments for many young families and investors.

Source: https://baodautu.vn/batdongsan/binh-chanh-suc-hut-lon-tu-quy-hoach-do-thi-d229768.html