Eastern City - Transport infrastructure is considered as the "backbone" as the foundation and strength of Thu Duc city in the future. The land fund along these arterial roads is also a "cake" coveted by many real estate businesses.
The most modern "backbone" axes of the future Thu Duc city, Ho Chi Minh City
The project of establishing Thu Duc city under Ho Chi Minh City based on the merger of 3 districts in the East area, District 2, District 9 and Thu Duc is attracting great attention from the public. Prime Minister Nguyen Xuan Phuc recently also agreed to the establishment of Thu Duc city.
According to the project of Ho Chi Minh City, the newly established Thu Duc city will have an area of more than 211km2 with a population of more than 1.1 million people.
Thu Thiem Tunnel – Mai Chi Tho Boulevard
Thu Thiem tunnel and Mai Chi Tho avenue are the "light" opening the way for the development of Thu Thiem urban area. With an area of 657 hectares, including a commercial and financial center, a residential area for about 150,000 people to live and more than 220,000 people to work regularly, Thu Thiem will become the international financial center of Thu Thiem city. Germany in the future.
Thu Thiem Tunnel was officially opened to traffic in 2011, is the most important item in the construction project of East-West Highway of Ho Chi Minh City. The tunnel is 1.49 km long, 33 m wide, 9 m high, with 6 traffic lanes, 3 lanes on each side for both cars and motorbikes. There are also 2 exit lanes on either side. Design speed is 60 km/h. At the time of traffic, Thu Thiem tunnel has the most modern scale in Southeast Asia.
Mai Chi Tho Boulevard (section from Thu Thiem tunnel to Hanoi Highway) is 9 km long, 140m wide, is one of the most modern avenues in Ho Chi Minh City.
Currently, Thu Thiem is the base of a series of real estate giants with many billion-dollar projects that have been and are being built. Some enterprises such as Dai Quang Minh, NovaLand, Lotte Group of Korea, Tien Phuoc, CII can be mentioned.
Metro No. 1 – Hanoi Highway
Metro No. 1 Ben Thanh - Suoi Tien and Hanoi Highway is the most important traffic axis at present and in the future of Thu Duc city.
Metro line 1 Ben Thanh - Suoi Tien has a total length of 19.7 km, including 2.6 km underground and 17.1 km above. The route has a total of 14 stations with 3 underground stations, 11 elevated stations and a Long Binh depot in District 9. The project stretches through Districts 1, Binh Thanh, District 2, Thu Duc and District 9. Total estimated investment of the project. The whole route is more than 44,000 billion VND. Metro No. 1 is expected to operate from the end of 2021.
The Hanoi Highway has a scale of 12-16 lanes, with a total investment of nearly 5,000 billion VND. Up to now, the section from the foot of the Saigon Bridge to the National University of Ho Chi Minh City has been basically completed. The remaining section from National University to Tan Van will continue to be expanded.
Metro No. 1 and Hanoi Highway connect from the center of Ho Chi Minh City through key areas of Thu Duc City including Thu Thiem, Truong Tho center, high-tech park, university village...
Along metro line 1 and Hanoi highway, many real estate projects have been sprouting up from businesses such as Dat Xanh, Him Lam, Thu Duc House, Hung Thinh, CT Group, Bcons, Kim Oanh...
Recently, on this arterial traffic route, the most noticeable is the golden land with a scale of about 30 hectares located in Truong Tho - the center of Thu Duc city, which is said to have belonged to the big man Refico.
Specifically, this 30ha land area is expected to include STG's ICD Sotrans port land of more than 10ha; factory land of Thu Duc Steel Joint Stock Company VNSTEEL; The land area of 10.6ha is currently the Thu Duc Crushing Station, branch of Ha Tien Cement Joint Stock Company 1 and the land area of 0.8ha is currently the office and factory of Ha Tien Transport Company. After these facilities are relocated, on the land will form a large complex urban project.
Ho Chi Minh City - Long Thanh - Dau Giay Expressway
Ho Chi Minh City - Long Thanh - Dau Giay Expressway was started construction at the end of 2009 with a scale of four lanes, more than 55 km long, with a starting point in District 2 (HCMC) and ending at Thong Nhat district (Ho Chi Minh City). Dong Nai). The total investment capital of the project is 20,630 billion VND. The project was opened to traffic on the whole route in 2015.
The most modern backbone of the future Thu Duc city Recently, the Minister of Transport Nguyen Van The has agreed to establish a project to expand the Ho Chi Minh City - Long Thanh expressway to 10 lanes.
In which, in the period of 2021-2030, the section from An Phu intersection (HCMC) to Long Thanh town (Dong Nai) will expand 8-10 lanes. The remaining section from Long Thanh to Dau Giay remains 4 lanes.
Since the establishment of the Ho Chi Minh City - Long Thanh expressway, it has also created a special attraction for the regional real estate market. Currently, along the two sides of the highway at the beginning of District 2 is a land fund being acquired with big players such as Khang Dien, Dat Xanh, Tien Phuoc....
Pham Van Dong Boulevard
Started in June 2008, Pham Van Dong route with a total investment of 340 million USD was opened to traffic in 2016 and is considered the most beautiful avenue in Saigon.
Pham Van Dong Street has a total length of nearly 14 km, starting from Truong Son Interchange (Tan Son Nhat Airport) to National Highway 1A, with a road surface of 30 - 65 m (equivalent to 6 - 12 lanes). The route connects from Tan Son Nhat airport to National Highway 1A and National Highway 1K, passing through districts of Tan Binh, Go Vap, Binh Thanh, Thu Duc and two provinces of Binh Duong and Dong Nai.
According to a survey by CafeLand, Dat Xanh Group is currently a "tycoon" on this route because of the number of projects that this business is holding. This company has five projects located in front of or near Pham Van Dong Boulevard. Among them, Opal Graden and Opal Riverside were handed over to customers. The remaining three projects are Opal Skyview and Opal Tower, Opal Boulevard is being built by this group.
Nam Long is also present on this route with the completed Flora Novita project. Next to it is Phu Dong Group with projects Him Lam Phu Dong and Phu Dong Primer.
Not only in Ho Chi Minh City, Pham Van Dong Boulevard crosses National Highway 1A and extends with National Highway 1k, creating the arterial traffic axis, connecting Ho Chi Minh City with Di An city of Binh Duong province. That connection is creating momentum for many real estate projects in this area.
Source : Cafeland