In recent times, Nha Be has witnessed an explosion of luxury real estate projects with good absorption rates despite relatively high prices. According to a real estate exchange’s market survey, new projects such as Essensia Sky, part of the Essensia Nam Saigon complex by Phu Long Investment, are priced at around VND 68-79 million/sqm, while the final units of Celesta Rise, a collaboration between Keppel Land and Phu Long, have reached VND 90 million/sqm, initiating a new price benchmark for the entire area before a more vibrant growth cycle of the market.
Mr. Hoang Cong, an investor with nearly a decade of experience in “lying in wait” in Nam Saigon, believes that Nha Be is no longer just a “potential destination” but has become a strategic choice for investors.
“Although apartment prices in Nha Be have approached high levels, compared to central areas such as District 1, District 3, or even the adjacent District 7, there is still a lot of room for growth for investors and individual customers,” Mr. Cong analyzed. “This ensures reasonable initial costs while benefiting from the rapid price growth.”
Ms. Ngoc Thao, Sales Director of a real estate exchange in District 7, said that one of the main factors contributing to Nha Be’s transformation from a “depressed area to a bright spot,” attracting strong interest, is the synergy between transportation infrastructure, well-planned urban development, and an eco-living environment with ample green spaces.
Nha Be is a potential destination attracting many large investors to develop luxury real estate projects.
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Closely following the goal of developing transportation infrastructure alongside economic development and implementing satellite cities in the 2020-2025 period, key projects such as the Nguyen Van Linh – Nguyen Huu Tho underground tunnel, and two “hundred-billion” bridges, Rach Dia and Phuoc Long, have been constructed. The previously opened Long Kieng and Cay Kho bridges helped break Nha Be’s isolation, increasing connectivity with neighboring districts like District 7 and Binh Chanh, while the Ben Luc – Long Thanh expressway, currently under completion, will expand trade potential with the Eastern and Western provinces of Southern Vietnam.
Notably, according to the plan by 2030, Ho Chi Minh City will invest VND 3,500 billion to build five new bridges in District 8 and Nha Be. Of these, three will be in Nha Be, notably the two bridges on the key route of Le Van Luong: Rach Tom Bridge, expected to open in 2026, and Rach Doi Bridge, expected to open in 2028.
As the “backbone” route of Nha Be, benefiting from synchronized infrastructure, Le Van Luong Street is expected to become a strategic transportation link between Nha Be District (Ho Chi Minh City) and Can Giuoc (Long An province). Similar to National Highway 13 connecting Ho Chi Minh City to Binh Duong or Hanoi Highway connecting Ho Chi Minh City to Dong Nai, it will promote the development of Nha Be and shorten the distance between the city center and surrounding areas.
 The two “hundred-billion” bridges that were highly anticipated to be completed.
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Ms. Thao also commented that the new projects in Nha Be, especially those located on Le Van Luong Street, are very worthy of investment in the present and long term due to their direct infrastructure benefits. Additionally, the green living environment and premium amenities are among the factors that create a strong attraction for the area’s luxury real estate. The superior quality of life appeals not only to young families but also to experts and intellectuals seeking a space that is both convenient and peaceful.
It is evident that the strong development of Nha Be is closely tied to the role of prominent investors such as Keppel Land, Phu Long, GS E&C, VinaCapital, Kien A, and Khai Hoan Land. These conglomerates have been actively developing luxury real estate projects, contributing to the transformation of the urban landscape and enhancing the area’s value.
The presence of these well-known brands has not only changed the urban landscape and elevated the area’s status but also attracted investment capital, making Nha Be a “hot spot” on the real estate investment map. According to experts, the value of real estate in this area will continue to grow strongly in the coming time, offering a golden opportunity for both investors and residents.
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