In Binh Duong, apartments are the most popular segment for both sales and rentals, concentrated in areas near Ho Chi Minh City. Specifically, the interest level for apartments for sale in many areas of Binh Duong, such as I An, Thu Dau Mot and Bảo Phong, is expected to increase by 20%, 11% and 10% respectively in the third quarter of 2024 compared to 2020. quarter.
Binh Duong also accounts for a large proportion of the market's apartment supply, accounting for nearly 40% of the total new supply in the second quarter of 2024. Binh Duong's real estate market has advantages such as large land funds, competitive prices, proximity to Ho Chi Minh City, and developed infrastructure, which has attracted many large investors to develop projects.
Binh Duong also focuses on introducing "green" elements into real estate development. Regarding connectivity with Ho Chi Minh City and neighboring provinces, Binh Duong focuses on infrastructure investment. QL13, DT 743, Roundabout 3, Roundabout 4, etc. have been expanded and upgraded to connect Ho Chi Minh City, Binh Duong, Binh Phuoc and Central Highlands.
Against the backdrop of prime condominium prices in Ho Chi Minh City ranging from VND45-96 million/sqm, Binh Duong’s prices are attractive to customers, especially with completed legal items and fast construction progress.
Binh Duong is a province that has always maintained a high economic growth rate and ranks third in the country in attracting foreign direct investment (FDI). Recently, Binh Duong is also the province with the highest per capita income in Vietnam.
