Panoramic View of the 11,000-Billion-VND Bridge Project Area, Adjacent to Ho Chi Minh City’s Prime Riverside Real Estate Valued at $1 Billion per Kilometer

Upon completion, the Dong Nai 2 Bridge will reduce travel time from Vinhomes Grand Park to Aqua City from nearly an hour to just 10 minutes, significantly boosting property values on the other side of the river.

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Recently, the People’s Committee of Dong Nai Province approved the investment plan for Dong Nai Bridge 2 (also known as Long Hung Bridge), connecting Ho Chi Minh City and Dong Nai. The project, with a total investment of over 11 trillion VND, is expected to be implemented under the PPP model from 2025 to 2028.

Dong Nai Bridge 2 will start from the Go Cong intersection on the Ring Road 3 (Ho Chi Minh City) and end at National Highway 51 (Dong Nai). Notably, the bridge is located near a 13 km river stretch with five major real estate projects, totaling an investment of up to 13 billion USD.

Despite being separated by a river, traveling between the two banks is challenging, taking nearly an hour via Thi Nai Bridge and National Highway 51. This has created a significant price gap in real estate on both sides.

While at Vinhomes Grand Park, apartment prices typically range from 45 to 80 million VND/m², and riverside villas are priced from 200 to 235 million VND/m², real estate prices at Aqua City are currently less than half of that.

However, once Dong Nai Bridge 2 is constructed, travel time will be reduced to just 10 minutes. This will not only make commuting more convenient for hundreds of thousands of residents but also significantly boost real estate values.

Historically, major infrastructure projects like Nhon Trach Bridge, Ring Road 3, and metro lines have led to significant shifts in property prices and liquidity in areas like Nhon Trach, Thu Duc, and former Binh Duong. The riverfront urban axis, including Vinhomes Grand Park – Aqua City – Izumi City, is still in its early stages, as Dong Nai Bridge 2 has only recently been approved. The potential for infrastructure impact on property prices remains substantial. Pictured is Nhon Trach Bridge.

For instance, at Vinhomes Grand Park, located about 2 km from the bridge site, a local agent noted: “More customers are inquiring about apartment prices as bridge-related announcements continue.” Currently, a 69 m² two-bedroom apartment is priced at around 3.1 billion VND, or approximately 45 million VND/m².

Similarly, at Aqua City on the other side of the river, agent Hung reported: “Inquiries about land in the area have increased since the bridge’s approval, especially along roads expected to connect to the bridge. However, transactions remain exploratory, pending specific progress updates.”

The planned Dong Nai Bridge 2 will be nearly 12 km long, with a main bridge spanning over 2 km, featuring 8 lanes and a design speed of 80 km/h. The current site is vacant and sparsely populated, with overgrown vegetation and incomplete technical infrastructure in some riverfront areas.

In Ho Chi Minh City, the Go Cong intersection area is seeing accelerated construction, particularly for Ring Road 3 components.

Currently, Nguyen Xien Street remains the primary connection axis, with two lanes often congested with traffic.

In Dong Nai, the planned bridge site is a mix of residential areas and vacant land with overgrown vegetation, awaiting detailed planning.

Notably, this is one of three bridges (along with Phu My 2 and Cat Lai) agreed upon by Ho Chi Minh City and Dong Nai to enhance infrastructure connectivity, especially with the upcoming Long Thanh Airport. Pictured is a rendering of Cat Lai Bridge.

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