Long An – A Leading Investment Destination
According to the Vietnam Chamber of Commerce and Industry (VCCI), Long An ranked second nationwide in provincial competitiveness in the latest year, achieving a record-high score. Vietnam Report also placed Long An in the top 10 localities attractive to large enterprises, leading in FDI in 2024. In the past year, the province has inaugurated several large-scale industrial and commercial projects, including the Suntory PepsiCo Vietnam factory, Aeon Mall shopping center, and Thai Tuan Textile factory, among others.
As a result, the real estate market in Long An has witnessed a rapid recovery, outperforming other provinces adjacent to Ho Chi Minh City, as evaluated by Batdongsan.com.vn. Mr. Dinh Minh Tuan, Director of Batdongsan.com.vn in the South, remarked that the real estate in this market meets the demands of both end-users and investors, offering reasonable prices. Surveys show that land prices range from 8 to 23 million VND per square meter, with residential houses ranging from 4.5 to 8 billion VND per unit and apartments costing around 1 billion VND per unit.
However, with significant investments from prominent developers like Ecopark and Vinhomes, the Long An real estate market is anticipated to undergo substantial changes in the coming years. Indeed, since the beginning of this year, Long An’s real estate has entered a new cycle with a series of large-scale projects such as Eco Retreat, Vinhomes Hau Nghia, Vinhomes My Quynh, and Phuoc Vinh Tay New Urban Area, to name a few.
Ben Luc, Duc Hoa, and Can Giuoc Anticipate New Price Peaks, While Thu Thua Emerges as a Promising Area
Bordering Ho Chi Minh City, Duc Hoa, Ben Luc, and Can Giuoc have long been investment hotspots in Long An, attracting numerous large-scale projects. Prices in these areas have already surged through multiple cycles and are expected to reach new highs as more extensive developments are released. According to DKRA Group, the highest price for primary land in Long An reached 60 million VND per square meter, with an upward trend supported by synchronized infrastructure and planning.
Meanwhile, emerging areas like Thu Thua present abundant potential and significant growth opportunities in their early stages. The softer prices in this region attract financial investors with limited capital or those new to the market. In early March, Thu Thua introduced Agora City, a commercial and administrative urban area developed by Thu Thua Invest, spanning 50 hectares in the first phase, located on the frontage of Highway 818 (with a 40-meter road – the most extensive in the region).
Agora City, with its modern design and convenient access to nearby amenities, offers a new standard of living in Long An (Source: Agora City)
Agora City residents can conveniently access the market, a general hospital, schools, and Aeon Mall Tan An within 5 to 10 minutes. The Bourbon Ben Luc port is a 15-minute drive away, the Tan An General Hospital is 20 minutes away, and the boundary of Ho Chi Minh City is approximately 30 minutes away.
In the future, when the connecting road from Thu Thua to the Ho Chi Minh City-Trung Luong Highway is completed, it will take only 3 minutes to reach the highway from Agora City, reducing the travel time to Ho Chi Minh City to just 20 minutes.
The project’s centerpiece is a 5-hectare administrative center located within the development, serving as a hub for all residents and businesses to carry out their official duties. This center is situated on Hoa Binh Avenue, the project’s main road, and will house 29 agencies and departments. The construction is already over 95% complete and is expected to be operational by 2025.
To establish a modern standard of living for the community, the developer has allocated over 200,000 square meters for infrastructure and landscaping, along with 48 utilities, including the impressive Agora Golden Season Gate, a central square spanning 1 hectare adjacent to the administrative center, a European sculpture garden, the Larose Castle winery, a 5,000-square-meter themed park named Happiness Park, and a riverfront park called Sun River, among others.
Additionally, a leading Vietnamese supermarket chain will soon open a branch within Agora City, further enhancing the high-end utility system and elevating the quality of life for the resident community.
Agora City has completed major transportation infrastructure, the impressive gateway, sculpture garden, and introduced a model home complex in mid-2024 (Source: Agora City)
The developer, Thu Thua Invest, shared that the project has completed all legal procedures and obtained the land-use right certificate, allowing for legal transfers. In the context of tightened legal requirements, projects with pink books for each product, like Agora City, hold a distinct advantage.
Currently, Agora City, the commercial and administrative urban area in Thu Thua, Long An, has officially launched its first sales with attractive policies. Notably, Thu Thua Invest has partnered with MB Bank to offer financial support of up to 65% of the product value for up to 35 years.
Agora City – Thu Thua Administrative and Commercial Urban Area Project, Long An
Website: https://agoracity.vn/
Hotline: 0925 45 55 65
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