Leading on the infrastructure, the East of HCM City is seeing the launch of many projects
- March 16, 2021
As the “gateway” connecting the “golden economic triangle” of Binh Duong, Dong Nai and Ho Chi Minh City, etc., Saigon east area including District 2, District 9 and Thu Duc is named “The King of Speed” by players in the real estate market. Thanks to a series of key projects along with the synchronized planning of infrastructure, real estate value in this area has been raised.
The infrastructure “storm” heading to the East
In the overall urban development strategy, Ho Chi Minh City is determined to develop in all directions of East, West, South and North. Up to now, most of the major routes go through the East, namely: Sai Gon River Tunnel, Vo Van Kiet street, Thu Thiem bridge, Saigon 2 bridge linking the city center with District 2 and District 9.
Infrastructure in the East Photo: Internet
With its “gateway” location, Ho Chi Minh’s authority pays much attention to investing in the infrastructure of the East when carrying out a series of high value transport projects such as: Thang Long bridge project – VND450 billion; Ong Nhieu Bridge (Nguyen Duy Trinh street, District 9) over VND 425 billion; VND 495 billion project building a bridge to Kim Cuong Island (from Thanh My Loi residential area to Mai Chi Tho street, District 2); My Thuy intersection phase 1 (VND 838 billion); the road project connecting Cat Lai port to Ring Road 2; Ho Chi Minh City – Long Thanh – Dau Giay Expressway Project, etc.
Recently, Ho Chi Minh City spent more than VND 10,000 billion to expand Nguyen Thi Dinh street, Nguyen Duy Trinh street and Dong Van Cong street (District 2). At the same time, in 2017 – 2018, the city invested more than VND13,115 billion to implement important transport projects under the 69kmof Ring Road 2 (from Phu Huu Bridge to Ha Noi Highway, Binh Thai Interchange to Pham Van Dong Street) to connect the whole area of the East – Go Dau Bridge (National Highway 1, Thu Duc District), Binh Phuoc Bridge to Rach Chiec Bridge (District 9) and Phu My Bridge (District 2 to District 7).
The appearance of the East is also further completed with the combination of different economic, service, educational and sports projects being formed, namely: Ho Chi Minh City National University Village, the new Mien Dong Bus Station; Rach Chiec Sports Complex Project; As well as putting into use of the Ben Thanh – Suoi Tien metro line 1, the new Mien Dong Bus Station, Mai Chi Tho Avenue, Cat Lai Overpass and expansion of Ha Noi Highway, etc.
The “first appearance” of a series of projects
According to real estate experts, 2018 will have a “spectacular” growth in the East’s real estate market, especially in the flat segment. Many investors have launched various “super” projects as: Keppel Land with Palm Height, Vingroup with Vincity, Him Lam Land with Him Lam Phu Dong, Him Lam Phu An, Novaland with Lexington, The Sun Avenue, Lake View City, etc. In which, Gem Riverside (District 2, Ho Chi Minh City) is invested by Dat Xanh Group with total investment of more than 5,000 billion.
Gem Riverside is the first project in premium segment invested and developed by Dat Xanh Group in the east.Inspired by the extraordinary natural beauty of Ha Long Bay, located on the banks of the Giong Ong To River, Gem Riverside project covers an area of over 6.7 hectares in the Rach Chiec area with river views of from different sides; it consists of 12 towers resemble to 12 oasis of Ha Long Bay – the world’s natural heritage recognized by UNESCO; with 3,175 apartments of a wide area range (49-201 m2), including 34 duplex villas, 96 penthouses and more than 3,000 standard apartments from 1-3 bedrooms, meeting all residential and investment needs.
With a construction density of only 31% of the area, Gem Riverside has more than 60 facilities outside and 45 inside the project, which follow resort apartments style, such as: infinity pool, overflowing pool, sky swimming pool, garden terrace, gym, spa, multipurpose sports area, community center, kindergarten, children’s area, café, mini market, BBQ, 24/24 security with camera system, magnetic card, video intercom, and marina, park, etc.
Thanks to its strategic location, Gem Riverside residents easily connect (takes 15 to 20 minutes) to all of the city’s economic, political, security and entertainment centers via Long Thanh – Dau Giay expressway and two main roads of Hanoi Highway and Mai Chi Tho Boulevard, and even by waterway when the river bus route could be extended here.
With the advantages of location, utility and infrastructure, the value of Gem Riverside project invested by Dat Xanh Group will be enhanced for the benefits of its residents and investors. It is expected that in the first phase (Ruby Riverside complex) will be completed and handed over by the end of 2020, giving residents the opportunity to fully enjoy the resort-like experience of the “Halong Bay in heart of Saigon. “./.
Dat Xanh Group