Untapped Potential in a Booming Economy
After being held back by the Covid-19 pandemic, Móng Cái’s economy bounced back with impressive figures by 2024. According to a report from the Management Board of Móng Cái International Border Gate, the total import and export turnover from the beginning of the year to the end of September 2024 exceeded $2.8 billion, a 23% increase compared to the same period in 2023. The city also attracted 2.7 million tourists from the beginning of the year to September 2, 2024, a 60% increase year-on-year, according to the People’s Committee of the city.
In the new planning, Hải Hà district and Móng Cái city will merge to form a new city, meeting the standards of a first-class urban area before 2030. This urban planning, along with the development of transportation infrastructure, notably the Vân Đồn – Móng Cái expressway, Vân Đồn airport, and Bắc Luân border gate, is set to propel the region’s growth further.
The city’s vibrant growth has also spurred a revival in the real estate market. Since mid-2021, Móng Cái has witnessed the entry of major developers such as Vingroup, Sun Group, Ecopark, and Vinaconex, who have launched large-scale urban projects, unlocking the region’s potential.
Despite its vast potential, Móng Cái’s real estate market remains relatively affordable compared to central cities in Quảng Ninh province, even after the opening of the Vân Đồn – Móng Cái expressway. This presents a unique opportunity for investors.
Experts predict that Móng Cái’s real estate market, currently at a low price point, has the potential for significant growth in the future due to the synergy between internal and external factors. The city is expected to gain an advantage in tourism and international trade, making it a desirable destination for long-term investments. As a result, investment capital has been flowing from central cities in Quảng Ninh to Móng Cái, attracted by the city’s attractive prices and promising growth prospects.
Additionally, the new real estate law prohibits land subdivision and plot sales in Hạ Long, Móng Cái, Cẩm Phả, Uông Bí, Đông Triều, and Quảng Yên, meaning there will be no new land projects in the center of these cities. This has directed investors’ attention to land projects in the city’s center, particularly SGO Marina Móng Cái.
SGO Marina Móng Cái: A Prime Investment Destination with International Appeal
SGO Marina Móng Cái, located in the heart of the border city, is attracting investors’ interest due to its rare location, high potential for returns, and competitive pricing.
SGO Marina Móng Cái is a rare find—a land project in the city center—and the only one currently on sale with a riverine location along the Ka Long River, offering a million-dollar view of Dongxing, China.
The urban area is directly connected to National Highway 18 and is in close proximity to the Móng Cái International Border Gate, Thành Đạt ICD Port, Kalong Plaza, a pontoon bridge to China, and a bustling marina. These competitive advantages underpin the project’s development potential and attractive prospects for price appreciation.
SGO Marina Móng Cái boasts a prime location on the Ka Long River.
In the future, with its valuable location, SGO Marina Móng Cái will become a vibrant hub for international trade, tourism, and residential living, leveraging the city’s thriving border gate economy and tourism development.
Recognizing the project’s potential, Ms. Thanh Hiền shared that she and her husband immediately decided to invest in a lot during their visit to the project site after searching for investment opportunities in the city. “SGO Marina Móng Cái offers a prime location, both as a high-end residential area with a rare river view and as a potential business hub catering to international travelers due to its comprehensive connectivity. Moreover, as a land project, it fits well within our financial plans,” she explained.
The project’s solid legal framework, including long-term red book ownership for each lot, provides a sense of security for investors and aligns with the “safe and sound” investment mindset of many Vietnamese. It also serves as an inheritable asset with multi-generational wealth-building potential.
With its advantageous location, infrastructure, international business potential, and competitive pricing, SGO Marina Móng Cái is poised to become the go-to investment destination for savvy investors in the final quarter of 2024.
For more information, please contact:
Investor: SGO Real Estate Investment and Trading Joint Stock Company – SGO Land
Project address: Hải Yên Ward, Móng Cái City, Quảng Ninh Province
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