With an initial investment of only VND 240 million, customers will be able to own a product in Richland Residence urban area adjacent to Binh Duong new city. This is a special preferential policy that Kim Oanh Group has just announced, causing “shock” to the Binh Duong real estate market. Great potential, attractive price level …
With an initial investment of only VND 240 million, customers will be able to own a product in Richland Residence urban area adjacent to Binh Duong new city. This is a special preferential policy that Kim Oanh Group has just announced, causing “shock” to the Binh Duong real estate market.
Great potential, attractive price level
Along with Thu Dau Mot and Tan Uyen, Ben Cat is located in the main industrial development triangle of Binh Duong to replace the adjacent areas of Ho Chi Minh City. This is also the focal point of the inter-regional traffic system with arterial roads including Nguyen Van Thanh Street – DT 741, Ring Road 4, DT 742, DT 747, My Phuoc – Tan Van Avenue … Besides, Ben Cat is also planned to combine with Binh Duong new city to develop into a busy commercial – service development axis, the core of Binh Duong smart urban area in the future.
Currently, Ben Cat has fully met the criteria of population, economic structure, social development level, proportion of non-agricultural labor… to go to the city in 2025. In particular, in Ben Cat area, there are about a dozen high-tech industrial zones/clusters, occupying most of the natural area, ensuring the ability to develop sustainably in the next period.
In 2030 with a vision to 2050, Ben Cat is oriented to develop into a regional center of industry, trade and services in the north of Ho Chi Minh City. This orientation is the driving force for Ben Cat to promote urban renovation, upgrade and supplement the transport infrastructure system and attract foreign investment. This is also the foundation to help investors put their trust in Ben Cat real estate market.
According to batdongsan.com.vn’s report, land prices in Binh Duong in the period of 2018-2020 have increased by 95% and apartments by 68%. Meanwhile, the population of Binh Duong is currently nearly 2.8 million people, more than half are immigrants and about 75% of them are living in rented houses.
Ben Cat alone currently has a population of about 350,000 people and this number is increasing sharply. Although adjacent to Binh Duong new city, the average real estate price of Ben Cat is less than half. In particular, there are currently low-cost segment projects of only VND 1 billion/land plot or VND 2 billion/ready-built townhouse. This is the product segment that has long disappeared from the market.
Therefore, real estate prices are forecasted to increase sharply when Ben Cat officially comes to the city and the infrastructure system is fully built. Many experts advise that, at the present time, when land prices are at a reasonable level and investors launch many preferential policies, workers in need of housing should confidently “down money” to be able to “settle down”.
Too easy to own Richland Residence
One of the projects with reasonable prices and lower frequency, complete legal is being offered for sale in Ben Cat today is the Richland Residence urban area. This project is considered a bright spot of affordable housing to serve workers working in industrial zones in Ben Cat and surrounding areas thanks to extremely attractive prices and payment policies.
Accordingly, customers only need to pay 240 million VND to be able to immediately own a product, the rest is entitled to preferential loans with interest rates of 9.9% / year fixed for 3 years. After signing the purchase and sale contract, the customer is also entitled to a grace period of the principal for another 12 months. With this policy, customers only need to pay a gentle installment of about 9 million VND/month to own a product, an irresistible opportunity for people who are in need of accommodation and real estate investors.
As a model urban area in Ben Cat, Richland Residence integrates a high-class utility system, meeting all the daily needs of residents. Highlights are two central parks of 1,700m2 and 3,400m2, sports playgrounds, children’s play areas, preschools … In the center of the urban area is a busy commercial street, focusing on all types of services from shopping, cuisine to relaxation, entertainment, health care …
Only from 5-10 minutes to move, residents enjoy the second class of utilities available in the area from the system of schools at all levels: Hoa Loi Secondary School, Viet Duc International University, Eastern International University, Chanh Luu market, Hoa Loi market, My Phuoc General Hospital, Ben Cat Exhibition and Convention Center… In addition, just 5-10 minutes moving through Binh Duong new city, residents comfortably enjoy a series of high-class facilities such as AEON Mall, Binh Duong new downtown park, Twins Dove golf course, Becamex Hotel …
Real estate businesses said that, besides the factors of price and payment policy, legal and construction schedule, the attractiveness of Richland Residence also comes from the strategic location of the project. Specifically, the project is located at the intersection of Nguyen Van Thanh and Ring Road 4 and dozens of traffic routes directly connecting Binh Duong new city. In particular, adjacent to the project are My Phuoc Industrial Parks 1,2,3, Chanh Phu Hoa, VSIP 2 expansion and Tan Binh with a scale of thousands of hectares. This is not only a bustling development area and the busiest residents, but also where many large domestic and foreign corporations set up production and business bases. Therefore, holding a Richland Residence product at this time is a guarantee for a bright future of the customers.
Lam Anh
