Bau Bang Real Estate benefits from industrial park development

Commenting on Bau Bang real estate, Mr. Tam - an investor said that the land segment here in the past was still mainly land. However, thanks to the economic transformation that has led to the development of industrial zones, many real estate segments have also formed to meet the needs of buyers, thereby opening up more choices for investors. .

"I find that investing in land-based houses brings profitability from many directions, in addition to buying and selling, it can also be rented," Mr. Tam shared.

The report on Vietnamese real estate consumer sentiment in early 2022 of Batdongsan website shows that 92% of people intend to buy a home and more than 75% of real estate owners want to buy another property while still buying a house. keep current property. This statistic shows that the demand for Vietnamese people to own a second home is quite large.

Chon Thanh Industrial Park in Bau Bang. Photo: Tran Anh Group

According to experts, one of the main reasons promoting the development of Bau Bang real estate market comes from the appearance of industrial zones. In 2021, despite being heavily affected by the Covid-19 epidemic, Bau Bang district still attracts 11 new investment registration projects with a capital of nearly 164 million USD, 7 projects registered to increase capital by nearly 646 million USD; bringing the total number of FDI projects in the area to 209 projects, with a total capital of more than 4.3 billion USD.

Industrial production of the district increased by 15.61% with an estimated value of nearly VND 25,000 billion (the plan in 2021 increased from 20-22%), revenue from trade and service activities had a growth rate of nearly 17%. . In 2022, Bau Bang district also aims to create new jobs for 4,000-5,000 workers.

Perspective of Phuc An Ashita project - Japanese-style urban area in Bau Bang. Photo: Tran Anh Group

Besides, the increasingly complete infrastructure system with many key roads deployed also brings many opportunities for Bau Bang. For example, National Highway 13 and National Highway 14 intersect at Chon Thanh (Binh Phuoc) which is an important traffic route connecting the Central Highlands and other provinces in the region. In 2020, the My Phuoc - Tan Van highway connects to the center of Bau Bang district (My Phuoc - Bau Bang power road) to help conveniently connect to Ho Chi Minh City and international traffic hubs such as Long Thanh airport. , Tan Son Nhat airport, Thi Vai deep water port, Cat Lai port...

Notably, National Highway 13, the arterial road connecting Binh Duong with neighboring provinces, has been upgraded and expanded to 8 lanes. It is expected that when completed, it will increase the connectivity of the province to neighboring areas.

Currently, on this road, there is an urban area built with a scale of more than 500 apartments including townhouses and villas, accompanied by a diverse system of internal utilities such as Japanese parks, swimming pools, clubhouses... The project is called Phuc An Ashita developed by Tran Anh Group, each apartment is being offered for sale with an initial price of only 2.1 billion VND.

"As a ready-made product and pine area, Phuc An Ashita has a relatively soft price. This is also a scarce product line in Bau Bang market," said a representative of Tran Anh Group.

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