The Next Property Hotspot: Unveiling the Billion-Dollar Infrastructure Revolution

The development of a multi-billion-dollar infrastructure project has transformed travel connections between Bien Hoa (Dong Nai) and Ho Chi Minh City, sparking new dynamics in the region's real estate market.

0
393

Key Infrastructure Projects Nearing Completion

A series of vital transportation projects in Dong Nai province, particularly in Bien Hoa city, are being expedited to meet their deadlines. These include the Long Thanh International Airport, Belt Road 2, Belt Road 3, Ben Luc-Long Thanh Expressway, Bien Hoa-Vung Tau Expressway, and Tan Van Interchange. These projects are expected to boost the real estate market in the region.

The Tan Van Interchange , with a total investment of over VND 1,800 billion, is anticipated to open its main route by the end of 2025 and be fully completed by 2026. Once operational, it will significantly reduce travel time between Ho Chi Minh City and Bien Hoa to just 15-20 minutes and approximately 30 minutes to District 1 (former). This interchange is of great importance in alleviating traffic congestion and facilitating trade, logistics, and real estate development by shortening the distance between Ho Chi Minh City and Dong Nai province.

Secondly, the Bien Hoa-Vung Tau Expressway is being fast-tracked for a technical opening in December 2025. With a total length of 53 km and an investment of VND 17,800 billion, this expressway passes through Dong Nai and Ba Ria-Vung Tau provinces. Upon completion, it will alleviate traffic on National Highway 51 and provide direct connections to key routes such as the Ho Chi Minh City-Long Thanh-Dau Giay Expressway, Ben Luc-Long Thanh Expressway, Cai Mep- Thi Vai Port Road, and Long Thanh International Airport. This interconnected network will not only modernize inter-regional transportation but also catalyze economic growth in the Southern region, presenting a significant opportunity for the real estate market.

Key infrastructure projects in Ho Chi Minh City’s Eastern region are racing to the finish line.

One of the focal infrastructure projects in the Eastern region that is nearing completion is the Long Thanh International Airport. The project is entering its final stage and is expected to welcome its first commercial flight by mid-2026. The airport’s operation will require thousands of employees, driving urbanization and housing development to accommodate the workforce, along with the growth of associated hotel and accommodation services.

Thirdly, the Long Thanh International Airport is also one of the key infrastructure projects in the Eastern region that is in its final stage. It is anticipated to welcome its first commercial flight by mid-2026. The airport’s operation will require a significant workforce, leading to a surge in urbanization and housing demand, especially for the employees working there. Moreover, hotel, accommodation, and commercial services will also flourish, boosting the region’s economy and real estate market.

Fourthly, the Ho Chi Minh City Belt Road 3 project, which passes through Dong Nai and Ho Chi Minh City, is accelerating construction to achieve a technical opening by the end of 2025. This project connects Ho Chi Minh City with neighboring provinces such as Dong Nai, Binh Duong (now part of Ho Chi Minh City), and Long An (now Tay Ninh), forming a transportation ring around the country’s largest urban area.

Fifth, the Dong Nai Riverside Road project has recently overcome its final hurdle and is now being fast-tracked for completion in October 2025. This is one of the key infrastructure projects in Bien Hoa, Dong Nai, expected to play a crucial role in transportation connectivity while also enhancing the urban landscape and taking advantage of the Dong Nai River in the eastern part of Ho Chi Minh City.

Sixth, regarding the project to build a bridge connecting Bien Hoa, Dong Nai, and Ho Chi Minh City, the Department of Construction has recently proposed to the People’s Committee of Dong Nai province to report and seek the opinion of the Provincial Party Committee to approve the province’s collaboration with Ho Chi Minh City in researching investment options.

Currently, direct connectivity between the two localities mainly relies on the Long Thanh Bridge on the Ho Chi Minh City-Long Thanh-Dau Giay Expressway. However, the area is still divided by the Dong Nai, Long Tau, Dong Tranh, and Thi Vai rivers, resulting in insufficient inter-regional transportation infrastructure. Therefore, building an additional bridge is considered necessary to enhance connectivity and stimulate socio-economic development in both Ho Chi Minh City and Dong Nai.

Seventh, the Ho Chi Minh City-Long Thanh-Dau Giay Expressway is undergoing expansion to eight lanes and is expected to be completed by 2026, bringing more good news to the Eastern region of Ho Chi Minh City. In addition to these projects, Bien Hoa has been implementing large-scale inter-regional transportation infrastructure projects, such as the extended Huong Lo 2, Thong Nhat Bridge and its connecting road, and the Ven Song Cai Road (from Ha Huy Giap Street to Tran Quoc Toan Street).

Strengthening transportation infrastructure connectivity between Dong Nai and Ho Chi Minh City is expected to boost the real estate markets in both regions, which have long held development potential.

New Supply Concentrates in Ho Chi Minh City’s Satellite Cities

Dong Nai’s real estate market has recently benefited not only from infrastructure development but also from the active launch of projects by enterprises. Demand has been focused on reasonably priced projects with transparent legal procedures, creating a vibrant transaction atmosphere.

In Bien Hoa, the supply mainly consists of houses and villas, while apartments are relatively scarce. Therefore, the introduction of some apartment projects during this period has quickly attracted attention.

For instance, the Fresia Riverside project in Bien Hoa, developed by TV Holdings and distributed by EximRS, offers 360 apartments priced from VND 1.79 billion per unit for a two-bedroom apartment. This project has gained interest due to its affordable pricing, complete legal documentation, and proximity to AEON Mall Bien Hoa, Metro Extension, Tan Van Interchange, and Long Thanh International Airport, with a travel time of just 15 minutes to Ho Chi Minh City’s center. This is a rare affordable apartment project in the area, scheduled for delivery in Q3 2027.

In the house and villa segment, the Izumi City urban area project by Nam Long has also received considerable attention. From the project, it takes only 15-20 minutes to reach the High-Tech Park, the depot of the Ben Thanh-Suoi Tien metro line, or the National University Village of Ho Chi Minh City. Traveling to District 1 in Ho Chi Minh City takes a little over 30 minutes.

Several other projects in Dong Nai, such as Spring Village, DTA City, and The Long Eyes, have also witnessed significant interest. With improved regional infrastructure and positive buyer sentiment, these projects have experienced strong sales.

Positive demand has been observed for reasonably priced projects with clear legal status. Illustration.

A recent report by DKRA Consulting indicates that the supply and primary consumption of real estate in the Southern region have shown positive recovery signals, with a 7% increase in supply and a fourfold rise in consumption compared to the same period in 2024. The market’s overall demand has increased significantly, with consumption concentrated in Dong Nai and Long An, accounting for 41% and 40%, respectively.

According to DKRA, the primary price level has increased by an average of 6-8% compared to the previous quarter due to the pressure of various input costs. Developers have maintained promotional policies, discounts, and sales incentives to stimulate the market.

DKRA predicts that new supply from now until the end of the year will be mainly distributed in urban areas peripheral to Ho Chi Minh City, such as Dong Nai and Tay Ninh.

Mr. Vo Huynh Tuan Kiet, Director of Residential CBRE, shared that continuous infrastructure investment, stable bank interest rates, and positive planning information have positively influenced investors’ “front-running” psychology. Notably, some projects located near Ho Chi Minh City and situated along critical transportation axes have attracted significant capital inflows.

“Projects with favorable locations and reasonable prices will have many advantages. Buyers prioritize good transportation connections or expected future connectivity,” he emphasized.

You may also like

The Future of Transportation: Dong Nai Approves Proposal for Metro Linking Ho Chi Minh City to Long Thanh International Airport

The People’s Committee of Dong Nai province has approved an investor’s proposal to develop a metro project connecting the Ben Thanh – Suoi Tien metro line to Long Thanh International Airport.

Millions of Residents in Ho Chi Minh City, Dong Nai, and Tay Ninh Are in for a Treat: The 24-km Main Route of the Ring Road 3 Highway Will Be Open to Traffic by the End of This Year

As of December 31, 2025, the main route of the Ho Chi Minh City Ring Road 3 will be partially open to traffic. This includes approximately 24.1 kilometers of expressway, comprising 14.7 kilometers of viaducts, 6.4 kilometers of continuous highways, and 3 kilometers of overpasses and interchanges.

A Proposal to Reduce Land Use Fees for Residential Purposes

HoREA has proposed that in the event of a Government Resolution, the collection of land use fees when converting agricultural or non-agricultural land to residential land should be clearly specified. They suggest a reduction from 30% to 20% for land within the allocated residential land limit, and from 50% to 30% for land exceeding this limit.

Authorized Property Document Certifications: Empowering Township Officials

The Chairman of the People’s Committee at the communal level in Ho Chi Minh City is authorized to delegate the certification of contracts and transactions related to property, land use rights, and housing in accordance with the law on land and housing. This includes the certification of agreements on the division of inheritance, where the inheritance consists of movable property, land use rights, and housing as per the relevant laws.

The Grand Unveiling of Eaton Park’s Crown Jewel: Lagoon

On August 26, leading developer Gamuda Land hosted the “Kick-off” ceremony for Phase 3 of Eaton Park, marking the commencement of the final sales phase for the real estate mega-project that took Ho Chi Minh City by storm in 2024.