Binh Duong house prices accelerated

Binh Duong house prices accelerated 3
Binh Duong house prices accelerated 3

A survey of the high-rise housing market in Binh Duong by Ngoc Asia Real Estate Company shows that, despite being a province bordering Saigon, apartment prices in the industrial capital of Binh Duong are reaching around 40 million VND per hour.

From 2018 and earlier, apartment projects in Binh Duong had quite reasonable prices, fluctuating around 25-30 million VND per m2.

Specifically, The Emerald Goft View project, Thuan An, Binh Duong is estimated by the investor to cost 38-41 million VND per m2.

Perspective of a new apartment project in Binh Duong.

Also with prices hitting the ceiling, the Green Square project located on Highway 1K, Di An, has apartment prices of about 38-42 million VND per m2.

The common point of the new apartment supply is that the projects are all located in Di An and Thuan An, two areas with a roadmap to be upgraded from town to city, conveniently connecting from Binh Duong to Ho Chi Minh City.

Many investors from Ho Chi Minh City such as: Hung Thinh Corp, Van Xuan, Tecco Mien Nam, Bcons, Dat Xanh… also quickly prepared land funds and projects in Di An and Thuan An when project legal problems arose.

In fact, in the first quarter of 2020, while Saigon only had 3 future housing projects eligible to be sold to the market, Binh Duong had 8 projects.

The survey unit added that the wave of massive apartment investment in Binh Duong by Saigon enterprises in the 2018-2019 period continues strongly in 2020. This development promotes possible supply.

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