On November 13, 2020, the People’s Committee of Binh Duong province approved the detailed planning plan at a ratio of 1/500 for Saigon An Phu housing project, Tan Phuoc Khanh 09 street, Tan Phuoc Khanh ward, Tan Uyen town (now Tan Uyen city).
According to the 2024 land use plan of Tan Uyen city, the Saigon An Phu project has a document appraised by the Department of Natural Resources and Environment, which is not subject to Decree 148/2020/ND-CP because the company’s land is non-agricultural production land (SKC land).
The project is located on Binh Chuan 62 street, near major roads such as Binh Duong Avenue (National Highway 13), My Phuoc – Tan Van road, and DT 743 road.
Saigon An Phu covers an area of over 10,353m2 and is developed into a contiguous housing area with infrastructure and technical systems. The project is designed with a scale of 66 townhouses and shophouses with an area of 80m2 each, accommodating a projected population of 264 people. The construction density is 55%, and the green space is 45%. The total expected investment is VND 68 billion.
Project perspective
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Saigon Trading Real Estate Business Co., Ltd. has a charter capital of VND 60 billion and is 100% owned by SGR. Ms. Tran Thi Ga – Member of the Board of Directors and Deputy General Director of SGR – acts as Director and legal representative of this subsidiary. In 2023, Saigonres Trading had total assets of VND 116 billion and after-tax profit of over VND 1.3 billion.
In the first six months of this year, SGR is estimated to have achieved revenue of VND 86.2 billion, pre-tax profit of VND 2.2 billion, and total investment of over VND 52 billion.
Binh Duong: Land prices to increase up to 247% from current prices.
If passed, the proposed Resolution will result in an increase in land prices in Binh Duong province, ranging from a minimum of 11% to a maximum of 247% compared to the current prices. This adjustment is aimed at aligning the land prices with the current reality, as some communes are upgraded to wards and towns.
Bình Dương seeks Lego Group for Lego Land expansion
The provincial leaders of Binh Duong are excited about the opportunity to develop a Lego Land project in the area, using the available clean land resources. They hope that the Lego Group will consider this proposal and invest in the project in the near future.
Construction of First Luxury Condominium Project in Binh Duong Begins: Becamex Tokyu
Becamex’s latest project in the southern province signifies their entry into the luxury condominium market in the beginning of 2024.
Emergence of 9 Modern Urban Developments in Binh Duong’s Upcoming City
Notably, there are areas around the Ring Road 4 in Ho Chi Minh City.
