Colliers Vietnam: Binh Duong land price has increased by 50-70%.


According to Colliers, real estate prices in Binh Duong are increasing sharply, especially in Di An city. Specifically, many projects opened for sale at a price 50-70% higher than that of neighboring projects opened for sale previously. Some projects also offered for sale at prices of 40-45 million VND / m2 - prices have surpassed many suburbs of Ho Chi Minh City. Even the administrative center area of ​​Di An touches 60-70 million / m2.

Evaluating this development, Colliers said that the fact that Binh Duong real estate prices have consistently peaked over the past few years is understandable. This stems from the region's infrastructure development policies that cause actual demand in these regions to increase.

Specifically, after being officially approved the project to establish Di An city, the local government has plans to develop infrastructure to promote the urbanization process and turn the city into an area that attracts the population. 

Some of the goals of the region have been set, such as striving to reach 100% of the city roads managed by the year 2025 with synchronous investment; 100 roads and wards managed are asphalted or concreted.

In addition, the development of the surrounding areas of Binh Duong is also a big factor for the development of real estate here. The establishment of Thu Duc city contributes to attracting investment and human resources to Binh Duong.

In fact, the TP. Di An just city. Thu Duc 15 minutes of travel will make this place a very suitable choice for living with many advantages. In addition, Long Thanh airport is also another factor helping to develop real estate in Binh Duong, especially Di An.

Mr. David Jackson, General Director of Colliers Vietnam assessed that Binh Duong is a locality with vibrant economic activities, especially industry. In fact, TP. Di An is home to many export processing zones, with 7 industrial parks in operation, namely Song Than 1, Song Than 2, Binh Duong, Tan Dong Hiep A, Tan Dong Hiep B, Tan Binh Industrial Park, Cluster garment industry in Binh An. Thereby attracting human resources and increasing the demand for real estate in the locality.

Offering advice to investors, Mr. David Jackson said that people who have real needs and need to buy real estate in Binh Duong should also consider many factors, especially infrastructure.

"There are still many projects in the mid-range segment in the surrounding areas, but the internal utilities have not developed synchronously. Some projects face many controversies in quality, class and overall planning. parallel to the asking price, "said David Jackson.

Thanh Nguyen