The Province West of Ho Chi Minh City Continues to ‘Reap Rewards’ with Infrastructure Developments, Pushing Forward with 14 Major Transport Projects in 2025

As of early 2025, while District 9, District 2, and Thu Duc in the East of Ho Chi Minh City are experiencing a surge in the real estate market due to the impact of the Metro Line 1 (Ben Thanh – Suoi Tien), Long An province, on the city’s west side, is attracting attention with new infrastructure developments and large-scale projects by prominent real estate developers.

The latest update is the Ben Luc – Long Thanh Highway, with the recent opening of a 3.4-kilometer section in the west, connecting the Ho Chi Minh City – Trung Luong Highway (My Yen intersection in Ben Luc district, Long An province) to National Highway 1 (Binh Chanh district, Ho Chi Minh City), and a 7-kilometer section in the east through Dong Nai province, from Phuoc An intersection (Phuoc An commune, Nhon Trach district) to National Highway 51 (Phuoc Thai commune, Long Thanh district). The remaining sections of this highway are being expedited for completion before April 30, 2025, with the full route expected to be operational by 2026.

Additionally, two other significant transportation infrastructure projects are underway: the Ho Chi Minh City Ring Road 3, with a section passing through Long An that began construction in June 2023, and the Ring Road 4, which is a key infrastructure project currently being promoted by the province with an estimated investment of nearly VND 9,500 billion.

Long An province’s development plan through 2030 prioritizes investing in 14 infrastructure projects to enhance regional connectivity and support economic growth centers. This continuous investment in infrastructure has made Long An an attractive destination for large-scale projects and investors.

In addition to transportation infrastructure, the province is witnessing the development of several “mega-projects,” including the newest one – the Phuoc Vinh Tay new urban area spanning over 1,000 hectares with an investment of VND 80,000 billion by the Vinhomes – VIG joint venture. This project is currently undergoing an environmental impact assessment (EIA) consultation process.

Long An’s project supply is slightly higher compared to other satellite areas of Ho Chi Minh City. In addition to large-scale urban areas such as Waterpoint, LA Home, and Tan Tru Royal, which were introduced to the market in 2024, the province welcomed new projects in early 2025, such as Eco Retreat and the upcoming launch of Sagon River Park. Compared to Dong Nai and Binh Duong provinces, low-rise real estate still dominates the supply in Long An.

At the beginning of 2025, prominent developers with substantial land banks continued to introduce quality products to meet diverse buyer demands. For example, after positive responses in 2024, Nam Long launched new villa and mansion products in the integrated Waterpoint Township (Ben Luc – Long An) in early 2025, accompanied by attractive sales policies. Specifically, customers purchasing villas or mansions in Park Village will receive discounts of up to 13%. If they opt for a loan, they can borrow up to 65% of the product value, with interest-free and principal grace periods of up to 30 months, and receive the house in Q4/2026. For those buying villas or mansions in The Aqua, discounts of up to 10% are offered. Similarly, loan options include borrowing up to 65% of the product value, with interest-free and principal grace periods of 24 months.

Waterpoint Township is the largest satellite township currently under development in the west of Ho Chi Minh City, with major infrastructure and basic utilities already completed.

According to Giang Huynh, Director of Research and Consultancy at Savills Vietnam, in the context of limited supply in Ho Chi Minh City, satellite cities like Binh Duong, Long An, and Dong Nai are emerging as attractive alternatives, offering a wider range of options for homebuyers. These projects appeal not only to end-users but also to long-term investors due to their economic development potential and improving infrastructure.

A recent survey by Batdongsan.com.vn on consumer profiles and psychology revealed that infrastructure is among the top factors influencing buyers’ decisions when choosing real estate in a province outside of Hanoi or Ho Chi Minh City, with a significant 91% of respondents considering it crucial. Location and potential for price appreciation followed closely at 87% and 83%, respectively, indicating that investors are keenly aware of the potential for infrastructure and planning to drive up property values.

In reality, compared to Binh Duong and Dong Nai, the real estate market in Long An has been slower to develop due to specific conditions. However, this situation is changing positively, thanks to the province’s substantial investment in transportation infrastructure development. Additionally, Long An’s relatively affordable property prices are an advantage that attracts investment capital in this new cycle.

Regarding the prospects for real estate in areas neighboring Ho Chi Minh City, Mr. Vo Huynh Tuan Kiet, Director of Residential CBRE Vietnam, shared that large-scale projects in these satellite cities have attracted significant investor interest. However, whether these properties will experience significant price increases depends on several factors. Firstly, it depends on investor interest, project progress, and whether the actual value of the products meets the needs of users and investors.

“For large-scale projects in Ho Chi Minh City’s satellite areas, developers should focus not only on product sales but also on amenities that cater to the needs of residents. This will attract people to live there and enhance the potential for practical exploitation. These factors will ensure the rapid appreciation of property values and prevent the areas from becoming ‘ghost towns,’ wasting resources. Investors should also avoid following the crowd or being influenced by speculative information, which could result in their capital being ‘tied up’ in illiquid assets,” advised Mr. Kiet.