District 2 is a fast growing city under long-term urban planning. With a breakthrough of infrastructure and complete planning, this place has become best district to live in Ho Chi Minh city, not only for investors but also for those who want to find the ideal settlement in a modern civilized city, especially to be the best district for expat to foreign experts.

Breakthrough infrastructure, easily link to other areas

The infrastructure always plays an important role for real estate. In District 2, the strong ripple of infrastructure, especially traffic system, has made the East of Saigon become the focus of investors in recent years. Prominent is the streets of Mai Chi Tho, Hanoi Highway, Nguyen Duy Trinh, Luong Dinh Cua, etc.

The formation and development of transport infrastructure will directly affect the value of real estate around. District 2 is a strong attraction area in the real estate market, located at the gateway to the East of Ho Chi Minh City and in the project of major development of Ho Chi Minh City. The main roads are under development including: Hanoi Highway axis, Ho Chi Minh City – Long Thanh – Dau Giay expressway, Thu Thiem tunnel linking from East to West, metro line is gradually being developed, along with belt route promises to make a spectacular change to the real estate market in the region.

Over the past 10 years, District 2 has more than 10 large and complex infrastructure projects with the total cost of up to 250,000 billion Vietnam Dong, accounting for 70% of the total traffic to the city. This is the main driving force to change the appearance of the eastern axis of the city, making this area a hotspot for many investors and customers, so we can understand the reason to live in District 2.

Development potential has been proven

Equally important factor that always attracts the investment in real estate is the development of large land fund, planning in accordance with the living environment. While downtown areas are increasingly crowded with people, green spaces, environmental pollution and noise pollution, District 2 is in favor of a large land bank, quiet, peaceful to relax after a hard working day.

That is why the tendency to choose apartments for sale in Saigon nowadays diverts to the areas near the large urban areas in District 2, typically Thao Dien, An Phu – An Khanh area. Cat Lai, Nam Rach Chiec area, etc, and many companies choose decide that this is the best district for expat to their experts from other countries.

In addition, district 2 has the favor of owning the most beautiful section of the Saigon River, many projects have been boldly exploited investors green space, creating space close to nature. Most of the projects deployed in District 2 focus on investment in local amenities, open spaces, green landscapes, swimming pools, waterfalls, children’s play areas, etc to meet the needs of modern living of many young families, and this place has been proven to be the best district to live in Saigon.

Concentration of big projects

Projects benefiting from the development of transport infrastructure have significantly improved apartment values ​​and profitability. This is a special feature to maintain the heat of the real estate market this year. District 2 focuses quite prominent projects of reputable investors. Since the metro line No.1 Ben Thanh – Suoi Tien was formed, a series of metro – metro projects have been formed, forming a complete residential complex such as: Masteri Thao Dien, Master An Phu, Gateway Thao Dien, Palm City, Lakeview City, Centana Thu Thiem, etc.

For example, as soon as the Ha Noi Highway, Thu Thiem Tunnel, Provincial Road 25 is completed, the price of neighboring projects will increase 4-5 times. Currently, prices for high-end condominium projects in District 2 have increased from an average of US $1,490 per square meter in 2012 to US $1,650, up 11%, compared with a 3% increase in citywide sales.

Advantages when buying apartments in District 2

District 2 has beautiful location along with the modern and synchronous infrastructure and traffic system in Ho Chi Minh City. Besides the participation of many large projects, attracting investment capital, District 2 also brings in its advantages of space (beautiful and peaceful) and time (saving time moving to the central districts of the City) for customers in the most optimal way.

• Adjacent to District 1, only 5-10 minutes to move to the center, but only with half the price in District 1
• District 2 has a good growth rate, in the future it will probably be merged with District 1, the apartment price will increase in the future.
• Concentrated many new projects are open sale, good price, flexible sales policy, bring more choices.
• The rate of return on investment rental or investment resale is high because there are many key traffic projects.
• This area attracts a lot of foreign investment when it has been proven to be the best district for expat.

Those reasons must be strong enough for investors and young families to think about buying apartments in District 2. Not only because of the current advantages, but in the future it will be much more valuable to both investors and modern families.

Thang Tran – RaoXYZ