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Tuesday, 9-6-26 06:54:23

Economics

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Binh Duong real estate market heats up

In the past few months, real estate market in Binh Duong comes back into life with more projects launched in My Phuoc, Ben Cat. The prices are 40-50% lower than peak in 2007 have prompted customers from contiguous areas to invest into ancillary housing.

 

 

Customers gather up to select houses in Moon River eco-village.

 

In recent opening of Myland real estate floor in Ho Chi Minh City, Moon River eco-village of Binh Duong Trade and Development Company (TDC) has proved its attractiveness to customers by accepting over 200 investors. According to TDC, Moon River eco-village covers 10 hectares with 284 contagious houses and villas with adjustable areas from 145 m2 to 495 m2 per apartment which is priced from VND 1.8 million per m2.

 

Previously, TDC opens sales of household apartments in Phu My including 4-storey blocks with 270 apartments. The place is approximant to Binh Duong Avenue and My Phuoc Industrial Park as well as supermarkets, banks, theatres, and markets.

 

Over 80% of the project is sold. TDC currently increase 10% of price to the rest apartments to be sold.

Meanwhile, premium apartments in Binh Duong new city like IJC Aroma have attracted investors.

 

In progress Gold Town of Becamex IDC and Phu Loc An Company has offered all 112 under construction apartments to buyers.

“Binh Duong is currently a good real estate market to domestic and foreign entrepreneurs who are the subjects of real estate market development,” said Mr. Nguyen Hoang Chau – Chairman to HCMC Real Estate Association.

 

According to Mr. Chau, Binh Duong lies in strategic regions of major regional economics. Development of strategic traffic routes and a new city in Binh Duong has positively transformed tendency in real estate market.

Reported by Tr. Minh – Translated by Vi Bao

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