Real Estate Can Giuoc received the push from infrastructure
7 roads connecting Long An - Ho Chi Minh City will be upgraded and expanded from 4 lanes to 6 lanes ... creating potential for real estate development in Can Giuoc.
Can Giuoc district (Long An province) is contiguous to Saigon South and Hiep Phuoc port urban area, with many large-scale industrial parks such as Southeast Asia, South Tan Tap, North Tan Tap, Long Hau, Tan Kim ... There has been a crowded residential area, attracting a force of engineers and experts to live and work.
As planned, the Department of Transport of Ho Chi Minh City and the Department of Transport of Long An province are reviewing and preparing procedures to upgrade 7 roads connecting the two localities. Accordingly, the existing roads with an average width of 18-22 m, 4 lanes, will be upgraded to about 40 m, 6 lanes. The project has a total cost of 24,400 billion VND, is expected to start in 2021 and complete in 2025.
The roads in the project include Highway 50, passing Binh Chanh - Can Giuoc, with a total capital of nearly 1,500 billion VND. Le Van Luong Street (Nha Be) - DT826C (Can Giuoc), invested 1,000 billion VND. Long Hau Road (Nha Be) - DT826E (Can Giuoc) 5,100 billion VND. Nguyen Van Bua (Hoc Mon) - DT824 (Duc Hoa), with a total capital of 2,800 billion VND. The two localities also agreed to invest in the construction of a parallel route to National Highway 50 (Binh Chanh district) - the driving force road (Can Giuoc), with a total length of over 8.6 km, with a budget of 4,300 billion VND. In all projects, there are 4 key projects passing through Can Giuoc district, creating potential for real estate development here.
4 key traffic projects directly connecting Ho Chi Minh City - Can Giuoc are prioritized to deploy in the near future. Photo: Google Maps.
Along with that, Long An also focuses on improving infrastructure, speeding up the progress of local traffic works. Some key projects have been expanded and upgraded as planned, such as provincial road 830, traffic connection from Duc Hoa district to Long An port, Can Giuoc district. The improvement of transport infrastructure creates favorable conditions for goods trade, connecting regions, opening up new opportunities for the general development of Can Giuoc in particular and Long An in general.
Saigon Riverpark project is located close to the river. Photo: Dung Tran.
Can Giuoc has the advantage of developing land in red book, long-term ownership projects, complete legal status. Outstanding among them is the project Saigon Riverpark (Tan Phu Thinh residential area) invested by Tan Phu Thinh Joint Stock Company, which issued the red book 100% of each foundation for the whole project.
Located in the center of Can Giuoc, embracing 500 m of river frontage, the constructions at Saigon Riverpark are oriented to combine low-rise architecture of the East and the West, including rows of villas and houses. riverside garden street. The investor spends up to 60% of the area to develop landscapes and synchronous internal utility chains to create a modern ecological urban area. The project has completed functional subdivisions such as event plaza - where art shows, landscape lakes, carpentry billiards, coffee carpentry with bamboo house architecture, children's park family on weekends, sports area combined with walking paths, food court, Doremon library ... ready to serve residents.
Saigon Riverpark project has completed functional areas. Photo: Dung Tran.
With the advantage of connecting with main traffic axes, residents from Saigon Riverpark can conveniently move to Phu My Hung urban area, Hiep Phuoc port urban area. The project also inherits a series of existing external facilities such as commercial centers, supermarkets, commercial and financial centers, educational systems at all levels, international hospitals ...
According to the investor's representative, the development potential and the space to increase the price of Can Giuoc red book land is still very great, many investors still silently "hunt" for land under the red book to own investment rates, settled in Can Giuoc. This is an advantage for Saigon Riverpark to attract buyers in the coming time.
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