The East area of Ho Chi Minh City is still leading the market in terms of supply and absorption rate in the high-end apartment segment. In particular, the old army of Thu Duc City is having a series of high-end projects from big investors. Accordingly, in the first 6 months of the year, the East area is still occupying the first position, accounting for 90% of the new supply to the market. The average selling price increased slightly by 3-5% over the same period last year.
Real estate in East Saigon still leads the market District 2 has a lot of potential for socio-economic development, owns many modern infrastructure projects, strong investment in key transport routes, followed by many high-class real estate projects. created. After the establishment of Thu Duc City, the real estate market in the East area is more and more exciting. The potential for real estate development here is having many advantages with advantages: large land bank, increasingly synchronous and modern planning, key traffic projects are gradually being completed.
The event that Thu Thiem Bridge 2 opens to traffic connecting Thu Thiem and District 1 at the end of April and the Metro No. 1 aerial railway project from Ben Thanh - Suoi Tien is about to be put into operation in 2022, will be the next bright spots to help The real estate market here is more attractive to investors.