This is a trend of many young couples who are officials and experts living in Ho Chi Minh City but working now in companies in Binh Duong province. Due to work demands and desire for a settlement, they want to buy houses in Binh Duong.
Many conveniences
In recent weeks, at weekends, Mr. Tran Van Lam, official of Vina Kraft Company in My Phuoc III industrial park, Ben Cat town, and his wife have gone from HCM City to Binh Duong to find houses. Earlier, he also had the idea of buying a house in Hiep Binh Chanh ward, Thu Duc district. But the house was in a small alley, had an area of more than 40m2 including two floors, and was priced at VND1.3 billion. He decided not to buy this house, because of narrow space, small alley, and sometimes being flooded. Then the couple wanted to buy house with reasonable price in Thuan An town so that they could went to work easily and quickly.
Mr. Nguyen Cong Tam having a small business in Binh Thanh District, HCM City looked for a house in the city. But he could not find a suitable one, because house price in HCM City is so high. Thanks to advice of his friends, he bought a house having 100m2 area in Binh Hoa ward, Thuan An town sold with VND700 million.
Customers visited standardzied apartments in Phu Hoa tenement.
Many young couples from HCM City have visited and find houses in Binh Duong province. In recent years, due to robust economic growth, Binh Duong has become the promising land to thousands of professionals, engineers and workers from all over the country.
Rational choice
In recent years, Binh Duong has achieved strong economic growth, contributing to the overall development of the country. Annually, the province receives thousands of workers from all regions to work and live. In addition, there is a large number of foreign experts working here.
Early April 2015, Becamex IDC inaugurated 5,000 social houses. The number is expected to increase by 65,000 houses. This was the first time that houses for low-income people with a price of VND100 million/unit were sold. Besides, many high-end and middle-class projects have been released in Binh Duong, such as: Sora Garden, First Home Premium Binh Duong, The Canary, Eco Xuan ...
The switch of real estate transactions from in HCM City to Binh Duong province was considered to be inevitable. The reason was that, along with the increasing population, real estate in HCM City is becoming too expensive for low-income people. Meanwhile, in addition to abundant land resource, accommodating policies, Binh Duong province has advantages in real estate segment for low-income people.
In addition, the comprehensive development of infrastructure linking with HCM City and neighboring provinces has facilitated travelling and transportation. These are key factors causing a growing number of people coming to Binh Duong and buy real estate.
Reported by K.Vinh – Translated by Ngoc Huynh
