The Global City – New investment opportunity in the 'urban area' east of Ho Chi Minh City

After the decision to establish the city, Thu Duc became a "hot spot" for investors thanks to its special economic potentials, notably the planning of the scientific and knowledge-based economic center. important technology and finance in the East of Ho Chi Minh City.

 

New investment opportunities in the 'urban area' east of Ho Chi Minh City

 

In recent years, the traffic in Thu Duc City has been invested and completed with the connection "super infrastructure".

In the future, Metro line No. 1 Ben Thanh - Suoi Tien, which is likened to the backbone connecting Ho Chi Minh City and Thu Duc City, will come into operation. This elevated railway will shorten the maximum travel distance to reach the center of Ho Chi Minh City.

The road traffic system is also being focused on upgrading, typically expanding Nguyen Thi Dinh's roads to 70-77m, Nguyen Duy Trinh's road expanding to 30m for 4 lanes for cars and 2 lanes for motorcycles. through, extending Lo Nu and Truong Luu roads.

In 2022, Ho Chi Minh City will restart the 2.7 km section of the ring road 2 after 2 years of suspending construction and balancing the budget. The completed route will not only connect Thu Duc City with the center of Ho Chi Minh City, but also help connect seaports, key routes and reduce traffic volume in the inner city, creating favorable conditions to attract and call construction investment in Thu Duc city in the future.

At the same time, Ring Road 3 is also in the phase of legal preparation and construction begins, expected to be completed in 2025. In particular, recently My Phuoc - Tan Van highway - the arterial road linking with the city. Industrial clusters, seaports, which are part of the 3rd belt - have just been fully opened in May 2021.

Since 2017, Thu Duc has also had a waterway bus route from Bach Dang wharf to Linh Dong wharf. These are important factors that add to the perfection of transport infrastructure and make Thu Duc become a technological and economic stronghold of HCMC and the whole country.

Benefiting from modern, synchronous infrastructure that will be put into operation soon, on the one hand, contributing to improving the quality of life of residents, on the other hand, also adding value to the real estate market in Thu Duc City.

According to market statistics, prices in neighboring provinces and cities such as Ho Chi Minh City. Thu Dau Mot has fluctuated 35-40 million/m2. Particularly in Thu Duc City, the average level ranges from 70 to more than 200 million/m2, which is expected to continue to increase in the next few years.

 

The Global City Thu Duc

 

The Global City urban area creates great attraction after its launch in early 2022

The Global City is a high-class residential urban area located in front of Do Xuan Hop and Song Hanh Highway Long Thanh - Dau Giay. The Global City will have 1800 units shophouse, townhouse, villas and 10,000 Grade A apartments.

Here will be built nearly 30 skyscrapers, including Grade A office buildings, luxury hotels, conference centers, international schools, Grade A medical facilities and especially the center. Grade A shopping mall with an unprecedented scale of 125,000 m2.

The project is surrounded by Rach Chiec River in the north, Muong Kinh River in the west. Even more impressive are the two artificial rivers dug along the radial of the megalopolis.

This is considered by real estate and urban experts as the last remaining large-scale diamond piece of Saigon and will become the second downtown of Ho Chi Minh City. After operating the whole urban area after 48 months of construction, this will be a new symbol of international stature.

See more projects at: https://theglobal.vn/

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