The event of Ben Cat officially coming to the city from May 1 is a strong push to bring this city into a new breakthrough phase. The real estate market in Ben Cat City has also made great changes. According to the plan, Ben Cat City will develop according to the model of an industrial …
The event of Ben Cat officially coming to the city from May 1 is a strong push to bring this city into a new breakthrough phase. The real estate market in Ben Cat City has also made great changes.
According to the plan, Ben Cat City will develop according to the model of an industrial urban area combining services and important traffic hubs of the southern region.
New look of Ben Cat city
Oriented to 2040, Ben Cat urban area will focus on developing in 2 main directions: Developing trade – service corridors along National Highway 13, East – West developing urban areas – trade and services along Ring Road 4. In terms of transport infrastructure, Ben Cat is implementing many key projects such as expanding DT 741 – Nguyen Van Thanh, Tran Dai Nghia, Ring Road 4 … In particular, the An Tay river port project is being promoted for investment with an area of up to 100 hectares, the total implemented capital is nearly VND 2,300 billion. Along with Di An – Loc Ninh railway and a smooth inter-regional road traffic network, when completed, An Tay port will contribute to forming a multi-connection traffic hub and making Ben Cat City become a key logistics center of Binh Duong. This is considered a strategic step because Ben Cat currently has 8 large industrial parks. Not to mention dozens of industrial parks in neighboring localities such as Bau Bang, Phu Giao, Tan Uyen, Thu Dau Mot … Therefore, it is forecasted that in the future, the demand for transporting goods from the northern area of Binh Duong to Cai Mep – Thi Vai port (Ba Ria – Vung Tau), Cat Lai port (Ho Chi Minh City). HCM) for export is huge.
In fact, Ben Cat is an area with a high urbanization rate, reaching a rate of up to 84%. Ben Cat urban area is developing bustling and owning a synchronous traffic network, smoothly connecting major cities through arterial traffic axes such as National Highway 13, My Phuoc – Tan Van – Bau Bang Avenue, Tran Dai Nghia, Phone 741 – Nguyen Van Thanh, Phone 744, Phone 748, Tel. 749A…
With strong internal resources resonating with a comprehensive development strategy thanks to being located in the heart of Binh Duong creative urban area, Ben Cat is full of opportunities to make a comprehensive breakthrough in all aspects, becoming a growth engine of Binh Duong province and the Southeast region.
Besides, Ben Cat city is also strongly developing the field of trade and services to meet the needs of residents and increase attraction for foreign investors. The most prominent are Vietnam Duc International University with a scale of 50 hectares, a total investment of up to 200 million USD, Ben Cat Convention and Exhibition Center, Go! Trade Center, Dien Quang Viet Hoa, Mega Mall 1.2 hectares, modern hospitals and clinics such as My Phuoc, Ben Cat, An Phuoc, Nhan Nghia and urban parks have a total area of up to 306 hectares… Not to mention, Ben Cat also inherits a great advantage when bordering Binh Duong new city with a variety of high-class facilities.
Great opportunities for investors
Recently, Ben Cat has been a bright spot of the real estate market and attracted many investors. Currently, this city has a big transformation, promising to create a strong push for the real estate market to breakthrough. The Batdongsan.com.vn's record shows that the number of housing transactions in Ben Cat is becoming exciting, reaching a growth rate of up to 113% in March.
Currently, the population of Ben Cat is over 364,000 people, of which more than half are experts and laborers working in 8 industrial parks. It is expected that in the period of 2031-2040, the population of Ben Cat will reach 900,000 people and the number of workers in industrial parks will increase sharply because the industrial park area is still expanding, in order to welcome the wave of relocating factories in the south of Binh Duong to the north. This means that the demand for housing in Ben Cat is still very large, helping the real estate market become more and more exciting.
The above advantages are opening up great opportunities for medium-long-term investors. At this time, real estate prices in Ben Cat City are relatively soft, equal to 20% to 30% compared to Thuan An, Di An or Thu Dau Mot. If investors invest in time, investors can catch the wave of real estate price increase. This is similar to the scenario in urban areas recently.
Currently, many projects are offered for sale in Ben Cat city and surrounding areas. However, market observations show that most customers focus on projects with strategic locations, full legality, well-planned and good construction infrastructure with appropriate selling prices, as well as practical customer preferential policies.
Ms. Nhu Y (investor from Thu Dau Mot City) shared: “To ensure safety, this time I only care about projects that are fully legal and have good construction progress with attractive preferential policies. ‘ My personal taste is to choose projects adjacent to large industrial parks, crowded residents and developing traffic because these areas often increase rapidly when the infrastructure is completed, the liquidity of the product is high or when needed, it is possible to exploit the business or lease it yourself to have cash flow.”
Phuong Minh