POTENTIAL FOR SUBURBAN REAL ESTATE INVESTMENT

Real estate in urban areas near Ho Chi Minh City such as Dong Nai, Long An, and Binh Duong has the advantage of being "affordable", and convenient to connect.

In a report on Vietnams real estate market in early 2023, Mr. Troy Griffiths - Deputy General Director of Savills Vietnam said that although there are many prospects, the market has not escaped the challenges that have existed for a long time. including supply imbalance. Data from this unit also shows that up to 80% of new supply is in the high-end and luxury segment, and only about 20% in the popular segment, suitable for the majoritys demand.

Mr. Nguyen Dang Ninh - General Director of Real Estate Consulting Floor Vision Holdings said that recently, most of the customers who come to ask for assistance have the same requirements for affordable housing and potential locations. in urban areas near Ho Chi Minh City such as Dong Nai, Long An, Binh Duong...

"Projects with good locations in Long Khanh, Nga Bay... still have good liquidity. Many investors are interested in finding good-priced real estate in this area," Mr. Ninh shared.

Also according to a report published earlier this year by Savills Vietnam, the master plan will promote real estate demand to move to neighboring provinces other than major cities. Nguyen Thoi Thanh Nhan - Director of ERA Vietnams low-rise real estate division, said that the southern real estate market is witnessing the "rise" of satellite cities such as Binh Duong, Dong Nai, and Long An. , Lam Dong ..., about 60 km from Ho Chi Minh City, Long Khanh city (Dong Nai) is a destination that many investors are interested in.

Ms. Nhan gave evidence that in the city, two industrial parks including Long Khanh and Suoi Tre have been put into operation, attracting 4 foreign investment projects, with a system of domestic enterprises, over 100 enterprises. non-state enterprises. According to the plan, Long Khanh will open 8 new industrial parks with an area of ​​​​more than 5,000 hectares, a software park shortly.

"This is one of the driving factors for economic development for Long Khanh, a premise for a breakthrough in the real estate market in the coming time," said ERA Vietnams director of low-rise real estate. The time emphasized the fact that real estate units such as TNR Holdings Vietnam, Novaland, T&T... have embarked on implementing many key projects in areas with high development potential.

Representative of the NextLand distribution unit, Mr. Nguyen Van Thinh shared, it is completely reasonable for the big giants to restart at this time, the focus is TNR Holdings Vietnam with the TNR Grand Long Khanh project in the center of Vietnam. Trade gateway center of Long Khanh city.

"With a large land bank and low construction density, the system of apartments, townhouses, and villas here has a wide view, airy and close to nature", Mr. Thinh assessed.

In September last year, TNR Grand Long Khanh was honored as "The best model urban area project in South Vietnam 2022" by the vote of Dot Property Vietnam.