Sun Group proposes to invest in a series of large projects in Ba Ria - Vung Tau: Opportunities for investors?

So, what specific opportunities do these proposals open up for investors, especially those looking for long-term investment channels? This article will analyze in detail based on practical experience and market data, helping you have a clearer view.

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The attraction of real estate investment in Ba Ria - Vung Tau

Over the past years, Ba Ria - Vung Tau has demonstrated its strong appeal. Land prices in many areas, especially along the coast and near major traffic routes, have recorded steady growth.

For example, the Ho Tram - Xuyen Moc area has seen land prices increase by an average of 15-20% per year in the period 2019-2022. Vung Tau City, a long-standing economic and tourism center, remains hot, especially in the resort and luxury apartment segment.

The attraction of Ba Ria - Vung Tau comes from many factors. The transport infrastructure is heavily invested: Bien Hoa - Vung Tau expressway will shorten the travel time from Ho Chi Minh City to about 70-90 minutes; Long Thanh international airport (40-50km from Vung Tau) will be the international gateway.

The province’s investment attraction policy is also increasingly open, focusing on large-scale projects. The province owns more than 300km of beautiful coastline, a temperate climate, and is a traditional destination.

Sun Group's groundbreaking of a project in Vung Tau, along with a series of other project proposals, is a signal that major developers have clearly recognized the potential.

The participation of Sun Group often entails the establishment of new standards in planning and quality, creating momentum for the market to develop more professionally. This could be the beginning of a new, strong growth cycle for Ba Ria - Vung Tau real estate.

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Sun Group proposes to invest in a series of strategic projects in Ba Ria - Vung Tau

Sun Group has proposed a series of strategic projects, covering many potential areas:

- Urban area on 3/2 Street in Vung Tau City (has started construction).

- Mui Nghinh Phong commercial service complex, Vung Tau city.

- Cu Lao Ben Dinh Urban Area, Vung Tau City.

- Go Gang Island Urban Area (including airport), Vung Tau City.

- Bac Phuoc Thang Eco-tourism Area, Phu My Town.

- Southwest Ba Ria Urban Area.

The project portfolio demonstrates Sun Group’s synchronous, long-term investment strategy. The Group aims to create complete, mutually complementary urban-tourism-service ecosystems. This demonstrates careful preparation, a vision for sustainable development, maximizing potential and creating attractive destinations.

Perspective of the 3/2 Street Urban Area project in Vung Tau by Sun Group

Reasons why Ba Ria - Vung Tau becomes the destination for large-scale investment proposals

Leverage from a synchronous transport infrastructure system

Infrastructure is the key factor. Bien Hoa - Vung Tau Expressway (capital of more than 17,800 billion VND in phase 1, expected to be completed in 2026) is the driving force.

Long Thanh Airport (capacity of 100 million passengers/year) will bring Ba Ria - Vung Tau closer to tourists. Cai Mep - Thi Vai Port (11th most efficient port in the world in 2023) is also a big advantage.

Potential from steady and growing tourist flow

In 2023, Ba Ria - Vung Tau will welcome about 15 million visitors (more than 560,000 international visitors), with total tourism revenue of more than 16,000 billion VND. This figure shows the natural attraction and great potential for tourism exploitation. With systematic investment in resort and entertainment complexes, the number of visitors is expected to increase sharply.

Investment shift from Ho Chi Minh City coastal real estate market

The scarcity of coastal land in Ho Chi Minh City (Can Gio) and its high prices have promoted the trend of shifting investment to well-connected satellite markets such as Ba Ria - Vung Tau. Investors are looking for new opportunities with reasonable input prices and expecting good price increases.

The arrival of Sun Group with a series of large-scale proposals shows that this group is betting on the future of Ba Ria - Vung Tau. The urban area on 3/2 Street has started construction, investment opportunities have become present. Interested customers need to closely monitor the progress, carefully analyze the market, legality and potential of each product. Being financially and knowledgeable is necessary to make the right investment decisions, catching the new wave of growth in Ba Ria - Vung Tau./.

AT

Source: https://baolongan.vn/sun-group-de-xuat-dau-tu-loat-du-an-lon-tai-ba-ria-vung-tau-co-hoi-cho-nha-dau-tu-a195806.html