HOW IS THE BA RIA VUNG TAU LAND MARKET?
HOW IS THE BA RIA VUNG TAU LAND MARKET?
Recently, Ba Ria Vung Tau real estate has had many positive changes. Besides the resort real estate segment, townhouses and land plots also saw a significant increase in supply. Not only for the rich because of luxury projects but also many options for the real estate market segment are still waiting for investors. When seizing the right opportunity, Ba Ria Vung Tau land will be a potential market and extremely attractive profit rate.
Currently, Ba Ria Vung Tau land is the most prominent with 3 areas:
1. Land area of Phu My town.
1.1. Becoming a Seaport City and Tourism in the Future
Phu My town is known as the home of Cai Mep – Thi Vai port cluster with 35 ports in the top 19 largest seaports in the world. This is also the only port in Vietnam that has direct container ships to America and Europe without having to go through intermediaries.
As a market with a developed economy, especially in the seaport sector, upgrading and developing infrastructure is a prerequisite factor to promote Ba Ria land market to continue to grow and develop strongly. strong. According to the plan, Phu My town will become a new urban area and seaport city by 2030 with many economic activities.
1.2. Infrastructure development
Wherever you are, once you want to develop the economy, building infrastructure is a necessary element. Up to now, Phu My’s land infrastructure has developed with a local transport system such as: National Highway 51 passing through 15 areas in the area, route 991B connecting Cai Mep – Thi Vai port cluster with National Highway 51 and the Bien Hoa – Vung Tau expressway.
1.3. Concentrating many industrial zones
With a system of industrial parks up to more than 5000 hectares, creating a solid economic potential for the whole country. Currently, there are 180 licensed investment projects with a capital of up to 12 billion VND.
Along with the rapid development speed, Phu My has attracted a large number of laborers to come here to work and settle. Currently, there are more than 80,000 employees, of which the source of migrant labor from other places accounts for 90%.
From the above reasons, the future value of Ba Ria Vung Tau land in general and Phu My land in particular will continue to grow strongly in the future.
2. Long Dien land plot.
Possessing a prime location, Long Dien district has National Highway 44A passing through 28km of coastline. Fully inheriting the modern transport infrastructure system in terms of roads, waterways, railways and airways. From the synchronous development of transport infrastructure, there is a need for accommodation for a large number of foreign workers and experts to live and work in the future. Thereby creating a significant ground ground attraction for this area.
Besides, in recent years, Long Dien has promoted economic restructuring towards services – commerce – tourism, which is expected to attract strong real estate capital in the coming time.
More importantly, from the perspective of countries around the world, rich cities always have international seaports, convenient road traffic, and sea tourism. Long Dien district all meet the above conditions, which is an important premise for this locality to develop, especially the real estate market and in particular the land plot segment will develop further.
3. Land plots in other areas.
The real estate market does not stop at any area, but spreads widely. After the area of Phu My, Long Dien or Xuyen Moc, real estate prices were pushed up. Recently, Dat Do district has become a new hot spot when continuously recording the arrival of investors. Especially the area is attached to the main infrastructure axes, but the price is still soft, thereby receiving the attention of investors.
SOME FUTURE PROJECTS IN BA RIA – VUNG TAU:
1. Serenity Phuoc Hai Phuoc Hai Town, Dat Do, Ba Ria – Vung Tau
2.Marine City
● Location: Cua Lap bridge, Phuoc Tinh commune, Long Dien district, Ba Ria – Vung Tau province
● Investor: Nam Hai Construction Co., Ltd
● Total area: 28.3ha, of which 12.2ha is for traffic – trees
3.Long Hải New City
● Location: Provincial Road 44a, An Ngai Commune, Long Dien District, Ba Ria – Vung Tau Province
● Project developer: An Phu Thinh Invest
● Overall area: 79,073.8 m2
4.Baria Residence
● Location: Front of Hung Vuong Street, Long Tam Ward, Ba Ria City, Ba Ria – Vung Tau Province
● Project investor and distributor: EXIMRS Real Estate Services Joint Stock Company
● Total planning area of Baria Residence Vung Tau: 7.7 Hectare
5.Gia An Lakeside
● Investor: Long Gia An Co., Ltd
● Location: Provincial road DT765, Long Tan commune, Dat Do district, Ba Ria – Vung Tau province
● Area scale: 3.44 ha
In addition to the land segment. In Ba Ria Vung Tau, there are also many apartment projects, villas, townhouses such as Charm Resort Long Hai, Charm Resort Ho Tram, Aria Vung Tau, Barya Citi, Long Toan housing area, Novaworld Ho Tram, …