Complexest Interchange of Ho Chi Minh City’s Ring Road 3 Project to Open by Year-End, Boosting Surrounding Real Estate Projects

Prime real estate projects strategically located along key transportation arteries such as Ring Road 3, Ring Road 4, the Tan Van interchange, the expanded National Highway 13, the Bien Hoa - Vung Tau Expressway, and the HCMC - Thu Dau Mot - Chon Thanh Expressway are poised for a significant price surge by year-end.

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The shift of residents from central hubs to satellite areas, driven by infrastructure development, has significantly increased housing demand.

Over recent years, the trend of residents moving from central areas to satellite regions, fueled by infrastructure expansion, has intensified. The development of inter-regional connectivity infrastructure is generating substantial housing demand.

Simultaneously, the real estate market has witnessed numerous areas setting new price benchmarks, benefiting from key transportation projects. Notable examples include projects near infrastructure such as Ring Road 3, Tan Van Intersection, Ring Road 4, and the Bien Hoa – Vung Tau Expressway.

Among these, the Tan Van Intersection, the most complex component of Ho Chi Minh City’s Ring Road 3, is under 24/7 construction. It aims to open for technical traffic by late 2025 and fully complete by 2026. This intersection borders six major routes: Vo Nguyen Giap Street, National Highway 1A, Metro Line 1, Ring Road 3, DT.743A (segments 3 and 4), and Nguyen Xien Street. It also directly connects to Dong Nai Bridge, a vital inter-provincial transport link in the Southeast region.

The intersection is expected to alleviate congestion, optimize connectivity between Ho Chi Minh City and its satellite cities, and boost economic and social development in the Ho Chi Minh City – Binh Duong – Dong Nai economic triangle. It will also drive residential shifts, increase housing demand, and enhance property values in the area, attracting investment to strategically located projects at this economic gateway.

The Tan Van Intersection connects Hanoi Highway, Ring Road 3, expressways, and key routes, enabling residents to easily access Ho Chi Minh City’s center, Long Thanh Airport, and other areas. Consequently, real estate projects near the intersection are directly benefiting, attracting residents and investors.

Inter-regional infrastructure development is driving significant housing demand. Illustrative image.

One standout project is The Gio Riverside by An Gia, located at the confluence of the Dong Nai and Ngoc Rivers in Dong Hoa Ward, Ho Chi Minh City. Adjacent to Hanoi Highway, the Tan Van Intersection, and Ring Road 3, the project is surrounded by amenities like Metro, the new Eastern Bus Station, Aeon Mall Bien Hoa, and the administrative center. Its product launches have garnered considerable attention. In the final quarter of 2025, the developer introduced the last 700 apartments in the Gio Dong Tower and brought the “Happy School” model to the project.

Recently, the company partnered with Pathway Tuyet Duc School System to build a primary and secondary school within The Gio Riverside. Spanning 7,000 m² with one basement, one ground floor, and four upper floors, the school features an open, modern design integrating learning, play, and experiential spaces. It will serve both project residents and the surrounding community.

Another project near the Tan Van Intersection is Fresia Riverside by Tan Van Real Estate JSC (TV Holdings), exclusively marketed and distributed by EximRS. Offering affordably priced apartments starting at 1.79 billion VND for 2-bedroom units, this project on Bui Huu Nghia Street, Bien Hoa (Dong Nai), has attracted strong interest. Its competitive pricing and attractive sales policies—such as a 2% early-bird discount, 5% for quick payments, 1% for bulk purchases, and flexible 0.5%/month installment plans—have resonated with buyers.

Beyond the Tan Van Intersection, the Ho Chi Minh City Ring Road 4 project, which began construction in June 2025 through Binh Duong, is another critical infrastructure impacting the eastern real estate market. Scheduled for operation by Q2/2028, the project is progressing rapidly.

Real estate projects near key infrastructure are expected to see price increases by year-end. Illustrative image.

Ring Road 4 spans over 207 km, passing through multiple localities, including a 47.9 km segment in Binh Duong. It connects Ho Chi Minh City with Dong Nai, Binh Duong, and Tay Ninh. The project is pivotal for regional connectivity, economic and social development, congestion reduction, logistics optimization, and urban and industrial expansion, thereby driving housing demand.

According to Vo Huynh Tuan Kiet, Residential Director at CBRE Vietnam, future housing supply will primarily come from Ho Chi Minh City’s satellite areas. Property value, beyond consolidation factors, depends on “future expectations,” including prime locations, convenient connectivity, robust technical infrastructure, transparent legal frameworks, and the region’s economic growth potential.

Kiet notes that the trend of residents moving from the city center to the outskirts is increasingly pronounced. The eastern area of Ho Chi Minh City benefits most from ongoing and upcoming infrastructure projects. CBRE data shows that primary apartment prices in old Ho Chi Minh City have risen nearly 30%/year, while Binh Duong and Dong Nai have seen 14–15%/year increases. As key infrastructure nears completion, property prices are expected to rise further.

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