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 the rich but also 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. It is 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
When you want to develop the economy, building infrastructure is essential. Currently, Phu My’s land infrastructure has developed a transport system in the area 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 route Bien Hoa – Vung Tau Expressway.
1.3. Concentrating many industrial zones
The system of industrial parks of more than 5000 hectares is a solid economic potential for the whole country. Currently, there are 180 licensed investment projects with a capital of up to 12 billion VND.
With rapid development, Phu My has attracted a large number of laborers to come here to work and settle down. 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.Land area of Long Dien.
Possessing a prime location, Long Dien district has National Highway 44A passing through 28km of coastline. Modern transport infrastructure system on roads, waterways, railways and airways. The synchronous development of transport infrastructure creates the 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.
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.
As seen from countries around the world, rich cities always have international seaports, road traffic, and sea tourism. Long Dien district all meet the above conditions is an important premise for this locality to develop, the real estate market, specifically the land plot segment, will become more and more breakthrough.
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. The area of 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 Hai 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
● 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, …