Opportunity of Metroline

The incoming operation of Ho Chi Minh City’s first metro line and creation of a new eastern city through a merger of districts 2, 9, and Thu Duc is set to boost the local residential market and create significant openings for developers, investors, and end-users in the coming years.

Research in several markets worldwide has found that residential properties within walking stations typically command higher selling prices than those that are not. A price premium often emerges well before metro lines and stations are fully completed.

“As the completion of Thu Thiem Bridge in 2008 and Thu Thiem Tunnel in 2011, the eastern Saigon (districts 2, 9 and Thu Duc) residential market has grown up significantly for both supply and demand comparing with the whole city, which strongly support by two key infrastructures helping reduce travel time to this area.

The eastern area quickly becomes hotspot of clients and investors, where they have a wonderful experience with capital gain at 2-digit number.

We can’t deny that infrastructure plays an important role in property market, and as the matter of fact, the current movement of metro line 1 also the Thu Duc city proposal create a great impact on the market growth, the systematic development of residential and commercial real estate alongside supporting facilities and amenities will be essential to attract huge community for this area.

The market by way of the operation of supply and demand, healthier demand will be the best guarantee for its price.”

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