Scarce Supply, High Consumption
The Ho Chi Minh City master plan for 2025 divides the city into five major urban areas: the Central Urban Area (including the inner districts of Go Vap, Tan Binh, Binh Thanh, Phu Nhuan, Tan Phu, District 1, 3, 4, 5, 6, 8, 10, and 11), the North, West, East, and South urban areas.
The central division, especially the western (Binh Tan) and southwestern (Binh Chanh) border areas such as District 6 and 8, are densely populated with a large immigrant population. This is coupled with well-developed infrastructure and transportation systems that provide seamless connectivity to other regions. As a result, real estate projects in this area have consistently shown rapid value growth, attracting buyers and investors alike.
In recent years, government policies have positively impacted the market. Amendments and the passage of laws related to the real estate market in a more stringent direction will maintain the scarcity of supply, especially in the central areas.
Meanwhile, central real estate has an extremely high demand for apartments. This is due to the population scale, amenities that cater to the lifestyles of both locals and immigrants, and convenient infrastructure connections to neighboring areas. Consequently, this segment consistently maintains high demand and stable liquidity.
A “Promised Land” for Real Housing Needs
The transportation infrastructure in the central-western region is constantly improving with the expansion and upgrading of major traffic routes such as National Highway 1A, Vo Van Kiet Boulevard, and Nguyen Van Linh Boulevard. These improvements provide seamless connections to the South and East districts. Smaller roads like Pham Hung, Pham The Hien, Hung Phu, Hau Giang, Kinh Duong Vuong, and An Duong Vuong have also become more efficient after expansion, making it much easier for residents to travel to the larger central districts of the city compared to before.
Additionally, the area is set to benefit from the Binh Tien Bridge project, with an investment of over VND 6,200 billion, which is currently in a favorable stage of development and has had its plan for selecting contractors approved. Once completed, the Binh Tien Bridge will be a prominent infrastructure highlight, enhancing transportation from the center of Ho Chi Minh City through Districts 6 and 8, or reducing traffic pressure on the main routes to the South and the Mekong Delta.
Thanks to infrastructure development, the real estate market in this area is buzzing with activity, attracting more customers. It is also during this phase that DHA Corporation is attracting market attention with two projects that have sound legal frameworks and assured construction progress.
D-Aqua project on Ben Binh Dong frontage
A notable project is D-Aqua, located on the Ben Binh Dong frontage in District 8, just a 5-minute drive from the bustling District 5 Cholon commercial center and 15 minutes from Ben Thanh Market. D-Aqua offers easy connections to the central areas of Districts 1, 5, 6, and 10. With 125 meters of vibrant river frontage, D-Aqua establishes a rich belt of amenities, from the external area to the internal area and down to each apartment and commercial service apartment. D-Aqua also makes a unique impression by “owning” the traditional Saigon Tet Flower Wharf right in front of the project. This is known to be the oldest Tet Flower Wharf in Saigon, creating a vibrant and bustling atmosphere during the Tet season.
Following the city’s overall development trend, the basins along the canals and streams will continue to be upgraded and renovated to don a more modern look. The Tau Hu Canal will also be dredged and cleared. From now until 2025, the city government will continue to implement the “clarifying” plan for the Tau Hu Canal, Double Canal, and Te Canal (phase 2) through the Ben Binh Dong and Ben Phu Dinh areas, with a total investment of thousands of billion VND. A new look for the Tau Hu Canal and Ben Binh Dong areas is soon to be realized.
D-Homme located on Hong Bang Street, in the heart of Cholon
Next is the D-Homme apartment brand from DHA Corporation, a real estate developer. The project is located in the prime location of the heart of Cholon, the prosperous and long-standing trading capital of Saigon. Developed as a luxury apartment segment, D-Homme particularly appeals to customers with its “health apartment” concept, offering a collection of convenient amenities such as an interconnected rooftop swimming pool, Aqua Gym, Outsight Shopping Center, Face ID, Digital Key, and an outdoor movie theater.
“With a price that is appropriate given the area’s potential for price increases, the D-Homme apartment is highly valued for its exploitation potential, serving as a stopping point for modern families and a destination for investors,” shared a customer who visited the model apartment at the project.
At this time, supply in the area is also quite scarce, with only a few large-scale projects offering subsequent phases. The presence of projects with standardized amenities and completed legal frameworks promises not only high consumption but also assured value growth while meeting the real housing and business needs of residents.
