Possessing many advantages of location, connected transport infrastructure, strong industrial development speed, real estate in Ben Cat town (Binh Duong) is attractive to investors thanks to its competitive price and many development potentials. Potential fulcrum for real estate Ben Cat is a young city of Binh Duong province, although it has only recently developed, but …
Possessing many advantages of location, connected transport infrastructure, strong industrial development speed, real estate in Ben Cat town (Binh Duong) is attractive to investors thanks to its competitive price and many development potentials.
Potential fulcrum for real estate
Ben Cat is a young city of Binh Duong province, although it has only recently developed, but it plays an important role in the orientation of becoming an urban center with the function of industry – services – traffic hub of the whole southern key economic region.
This area possesses the advantage of location when located in the southern key economic quadrangle, adjacent to Binh Duong new city, easily connected to the center of Ho Chi Minh City. HCMC is only about 50km and about 20km from Grade I city – Thu Dau Mot.
According to the development orientation, in the future, Ben Cat will cooperate with Binh Duong new city to form the central core of Binh Duong smart urban area. This is the focal point of the Innovation Zone, where the new Administrative Center of Binh Duong province and the World Trade Center WTC – a member of the World Trade Centers Association – WTCA), with the goal of becoming a destination for international trade exchange and investment cooperation in the future.
This area possesses the advantage of location when located in the southern key economic quadrangle, adjacent to Binh Duong new city, easily connected to the center of Ho Chi Minh City. HCMC is only about 50km and about 20km from Grade I city – Thu Dau Mot.
According to the development orientation, in the future, Ben Cat will cooperate with Binh Duong new city to form the central core of Binh Duong smart urban area. This is the focal point of the Innovation Zone, where the new Administrative Center of Binh Duong province and the World Trade Center WTC – a member of the World Trade Centers Association – WTCA), with the goal of becoming a destination for international trade exchange and investment cooperation in the future.
In Binh Duong, Ben Cat is also one of the localities with thriving transport infrastructure, connecting smoothly and synchronously with key roads such as National Highway 13 (Binh Duong Avenue), DT741, DT744, My Phuoc – Tan Van, Ring Road 4 … The roads within the town are also invested and expanded such as 30/4, Hung Vuong, Ngo Quyen, 7A, 7B, creating conditions for Ben Cat to easily connect industrial parks and urban areas in the south of the province, connecting with Ho Chi Minh City. Ho Chi Minh City, Binh Phuoc province, Central Highlands provinces.
Ben Cat is also one of the localities that strongly attracts FDI inflows. By the end of 2022, the town has a total investment of nearly 55,000 billion VND and more than 9.2 billion USD, accounting for about 25% of the total foreign direct investment capital of the whole province of Binh Duong. The average investment attraction in this area each year increased by 13.64%. Up to now, there are a total of 5,985 projects, of which attracting foreign investment accounts for 779 projects
Ben Cat is also one of the localities that strongly attracts FDI inflows. By the end of 2022, the town has a total investment of nearly 55,000 billion VND and more than 9.2 billion USD, accounting for about 25% of the total foreign direct investment capital of the whole province of Binh Duong. The average investment attraction in this area each year increased by 13.64%. Up to now, there are a total of 5,985 projects, of which attracting foreign investment accounts for 779 projects
Thanks to the orientation of industrial movement to the North of Binh Duong, Ben Cat has become a bright locality. Ben Cat currently has nearly 10 large industrial parks that are well-planned and have come into operation, creating jobs for about 180,000 workers, typically such as: My Phuoc 1, 2, 3, VSIP 2, VSIP 2 expansion, Thoi Hoa, Rach Corn … In mid-October 2022, the People's Committee of Binh Duong province made a decision to expand nearly 116ha of industrial park land for Ben Cat.
Not only domestic enterprises but also a large number of multinational corporations from Europe, America, Japan, Korea, Singapore, Thailand, Taiwan … is choosing Ben Cat to establish an industrial production “base” because it has a fresh environment, convenient transportation and rich utilities and services, meeting the needs of the majority of workers.
Not only domestic enterprises but also a large number of multinational corporations from Europe, America, Japan, Korea, Singapore, Thailand, Taiwan … is choosing Ben Cat to establish an industrial production “base” because it has a fresh environment, convenient transportation and rich utilities and services, meeting the needs of the majority of workers.
The promotion of industrial development will be a driving force for economic growth, while attracting more experts, engineers and workers to Ben Cat to work and live. This promotes a sharp increase in demand for settlement and use of services, opening up strong development opportunities for the real estate market.
Richland Residence catches the market wave
One of the projects that is gaining attention in the area is Richland Residence located at the front of Tran Dai Nghia street developed by Kim Oanh Group. Sharing about the reason for choosing Ben Cat market to develop residential real estate, a representative of Kim Oanh Group said: “With the rapid development of industry and infrastructure, Ben Cat is currently facing great housing supply pressure. The proof is that before the Richland Residence project, we have developed a series of other projects in the area such as Mega City, Richhome 1, 2, 3 and through cart launches are enthusiastically received by the market.”
One of the projects that is gaining attention in the area is Richland Residence located at the front of Tran Dai Nghia street developed by Kim Oanh Group. Sharing about the reason for choosing Ben Cat market to develop residential real estate, a representative of Kim Oanh Group said: “With the rapid development of industry and infrastructure, Ben Cat is currently facing great housing supply pressure. The proof is that before the Richland Residence project, we have developed a series of other projects in the area such as Mega City, Richhome 1, 2, 3 and through cart launches are enthusiastically received by the market.”
Currently, the project is being introduced to the market with a price of only VND 1.23 billion with a commitment of 30% profit. Customers wishing to borrow capital will be supported by the bank to borrow 65% with a preferential interest rate of 9.9% / year fixed for 36 months.
At the same time, customers also receive a 6% discount when the transaction is successful, enjoy an early payment interest rate of up to 18%, a discount of 3-5 gold threads when buying wholesale. Besides, there are also sweepstakes programs with a total value of up to VND 12 billion.
At the same time, customers also receive a 6% discount when the transaction is successful, enjoy an early payment interest rate of up to 18%, a discount of 3-5 gold threads when buying wholesale. Besides, there are also sweepstakes programs with a total value of up to VND 12 billion.
The project integrates a variety of utilities, notably a commercial street planned in the central subdivision of the project. Richland Residence residents easily enjoy their own privileges, diverse services such as restaurants, hotels, coffee, supermarkets, convenience stores … blend into the vibrant pace of urban life.
In addition to attractive entertainment experiences, Richland Residence is also a perfect residence with fresh air from green spaces and a variety of internal facilities. The design style brings people closer to nature with a series of facilities: green parks, multi-purpose sports areas, children's play areas, preschools … fully meet all needs of living, studying, playing and relaxing. Residents will enjoy a comfortable life to the fullest without having to travel far to search.
In addition to attractive entertainment experiences, Richland Residence is also a perfect residence with fresh air from green spaces and a variety of internal facilities. The design style brings people closer to nature with a series of facilities: green parks, multi-purpose sports areas, children's play areas, preschools … fully meet all needs of living, studying, playing and relaxing. Residents will enjoy a comfortable life to the fullest without having to travel far to search.
In addition to the advantage of a fully equipped complex urban area, Richland Residence is also highly appreciated when it has completed infrastructure and legal procedures. The entire key infrastructure of the project has also been completed along with internal utilities. This is also one of the important factors to attract customers as soon as the new project launches.
“Richland Residence is expected to become a new living symbol at the northern gateway of Binh Duong, marking the development of a high-class standard living space in Ben Cat, fully meeting the necessary factors of living quality, services and utilities,” said the representative of the project developer.
“Richland Residence is expected to become a new living symbol at the northern gateway of Binh Duong, marking the development of a high-class standard living space in Ben Cat, fully meeting the necessary factors of living quality, services and utilities,” said the representative of the project developer.
Lam Anh
