tỷ lệ kèo chấp bóng đá hôm nay Metro is redefining real estate values ​​in Ho Chi Minh City

tỷ lệ kèo chấp bóng đá hôm nay operation of Ho Chi Minh City's Metro Line 1 not only opens up a new mode of transportation but is also quietly reshaping tỷ lệ kèo chấp bóng đá hôm nay real estate value landscape. Areas once considered suburbs are being drawn closer to tỷ lệ kèo chấp bóng đá hôm nay city center than ever before, while tỷ lệ kèo chấp bóng đá hôm nay absolute advantages of tỷ lệ kèo chấp bóng đá hôm nay traditional urban core are beginning to be redistributed.

"Just a few hundred meters from tỷ lệ kèo chấp bóng đá hôm nay metro station can make a huge difference in price ," said a long-time real estate agent in tỷ lệ kèo chấp bóng đá hôm nay eastern part of Ho Chi Minh City.

Distance is no longer measured in kilometers.

When Metro Line 1 Ben Thanh - Suoi Tien becomes operational, travel time from tỷ lệ kèo chấp bóng đá hôm nay eastern wards of Ho Chi Minh City will be significantly shortened. Geographical distances will therefore be reduced, leading to a reassessment of land values ​​in tỷ lệ kèo chấp bóng đá hôm nay market.

Metro Line 1 (Ben Thanh - Suoi Tien) will begin commercial operation in December 2024.

 

Having lived in Phuoc Long ward for over 15 years, Mr. Nguyen Van Hung said that tỷ lệ kèo chấp bóng đá hôm nay value of real estate around tỷ lệ kèo chấp bóng đá hôm nay area has changed significantly since tỷ lệ kèo chấp bóng đá hôm nay metro was built.

"Since tỷ lệ kèo chấp bóng đá hôm nay metro was built, we've had significantly more real estate agents inquiring about buying houses," Mr. Hung said.

According to him, tỷ lệ kèo chấp bóng đá hôm nay biggest change is not just tỷ lệ kèo chấp bóng đá hôm nay price increase, but tỷ lệ kèo chấp bóng đá hôm nay level of public interest. Previously, many people were hesitant because they thought going to tỷ lệ kèo chấp bóng đá hôm nay city center was too far. Now that there's tỷ lệ kèo chấp bóng đá hôm nay metro, they no longer think that way.

In tỷ lệ kèo chấp bóng đá hôm nay area near Binh Thai intersection, Ms. Tran Thi Mai, tỷ lệ kèo chấp bóng đá hôm nay owner of a house with a street frontage, said that in recent years tỷ lệ kèo chấp bóng đá hôm nay number of people inquiring about buying houses has increased significantly.

According to her, tỷ lệ kèo chấp bóng đá hôm nay metro has changed many people's perspective on geographical location. This is because traveling by metro to tỷ lệ kèo chấp bóng đá hôm nay city center is much faster than riding a motorbike during rush hour.

While Ho Chi Minh City's Metro Line 1 reflects tỷ lệ kèo chấp bóng đá hôm nay impact of already established infrastructure, in many other areas, real estate prices are rising upon hearing news of upcoming metro projects.

A project along National Highway 13 (formerly Binh Duong province) has seen improved liquidity since news broke about tỷ lệ kèo chấp bóng đá hôm nay metro project passing through tỷ lệ kèo chấp bóng đá hôm nay area.

 

Along tỷ lệ kèo chấp bóng đá hôm nay route of Ho Chi Minh City's Metro Line 2 , market surveys show that real estate prices on some main thoroughfares such as Cach Mang Thang 8 Street, Truong Chinh Street, and tỷ lệ kèo chấp bóng đá hôm nay area around Tham Luong have increased significantly over tỷ lệ kèo chấp bóng đá hôm nay past 3-5 years.

Specifically, during tỷ lệ kèo chấp bóng đá hôm nay period of 2019-2020, many areas along this route recorded common prices of around 70-90 million VND/m² for townhouses and land plots with street frontage. Currently, prices have been re-established in tỷ lệ kèo chấp bóng đá hôm nay range of 110-150 million VND/m², with some prime locations potentially exceeding this level.

Along National Highway 13, real estate prices have also seen a sharp increase in recent years, especially with proposals to develop an urban railway line connecting tỷ lệ kèo chấp bóng đá hôm nay area.

In tỷ lệ kèo chấp bóng đá hôm nay area near Binh Phuoc overpass, land prices in 2018-2019 fluctuated around 30-40 million VND/m². Currently, tỷ lệ kèo chấp bóng đá hôm nay common price has increased to 70-90 million VND/m², and even higher in prime locations with large street frontage.

Furthermore, in Binh Duong New City, land and townhouse prices also increased from around 20-30 million VND/m² to 40-60 million VND/m² during tỷ lệ kèo chấp bóng đá hôm nay same period, partly reflecting expectations of infrastructure connectivity, including inter-regional metro lines.

Metro becomes tỷ lệ kèo chấp bóng đá hôm nay new pricing criterion.

tỷ lệ kèo chấp bóng đá hôm nay metro system is gradually becoming tỷ lệ kèo chấp bóng đá hôm nay main pricing driver for Ho Chi Minh City's real estate market, both for existing lines and those still in tỷ lệ kèo chấp bóng đá hôm nay planning stages.

According to real estate exchanges, buyers' search criteria have changed significantly. While previously, distance to tỷ lệ kèo chấp bóng đá hôm nay city center was a common measure, now distance to a metro station is becoming a priority.

Property prices along tỷ lệ kèo chấp bóng đá hôm nay "future metro lines" have increased by 30%.

"A project located 500-700 meters from a metro station (in a less bustling area) always has significantly better liquidity than a project located 2-3 kilometers away (in a more bustling area), even within tỷ lệ kèo chấp bóng đá hôm nay same neighborhood," said a real estate agent in tỷ lệ kèo chấp bóng đá hôm nay eastern part of Ho Chi Minh City.

According to experts, tỷ lệ kèo chấp bóng đá hôm nay real estate market in Ho Chi Minh City currently has two layers of value. tỷ lệ kèo chấp bóng đá hôm nay first is existing value, established in areas with clear infrastructure, such as along tỷ lệ kèo chấp bóng đá hôm nay Ho Chi Minh City Metro Line 1. tỷ lệ kèo chấp bóng đá hôm nay second is expected value, formed in areas within tỷ lệ kèo chấp bóng đá hôm nay metro planning zone, where prices are "predetermined" based on future connectivity.

tỷ lệ kèo chấp bóng đá hôm nay gap between these two price levels represents both tỷ lệ kèo chấp bóng đá hôm nay potential for growth and tỷ lệ kèo chấp bóng đá hôm nay biggest risk zone in tỷ lệ kèo chấp bóng đá hôm nay market.

According to Mr. Vo Kim Cuong, Vice Chairman of tỷ lệ kèo chấp bóng đá hôm nay Ho Chi Minh City Urban Planning and Development Association, tỷ lệ kèo chấp bóng đá hôm nay Transport-Oriented Development (TOD) model primarily benefits residents living around train stations, making travel more convenient and less expensive.

But more importantly, TOD also helps tỷ lệ kèo chấp bóng đá hôm nay metro achieve a stable passenger volume – a crucial factor in avoiding large investments that result in inefficient operation.

However, Mr. Cuong noted a crucial point: tỷ lệ kèo chấp bóng đá hôm nay majority of metro users are middle and low-income earners, while high-income earners still tend to use private vehicles. This creates a paradox: as land prices around tỷ lệ kèo chấp bóng đá hôm nay metro increase sharply as expected, tỷ lệ kèo chấp bóng đá hôm nay group that truly needs tỷ lệ kèo chấp bóng đá hôm nay metro risks being pushed further away.

Many apartment projects are accelerating their development and offering units for sale, capitalizing on tỷ lệ kèo chấp bóng đá hôm nay metro announcement.

 

From a planning perspective, Dr. Architect Ngo Viet Nam Son believes that real estate values ​​around metro stations do not increase randomly, but rather differentiate according to a clear structure.

A typical TOD (Transit-Oriented Development) area consists of three layers: tỷ lệ kèo chấp bóng đá hôm nay core zone (800m - 1.2km) - where value increases most significantly, equivalent to a 10-15 minute walk. This is tỷ lệ kèo chấp bóng đá hôm nay area where high-rise complexes are formed, integrating housing, commerce, and services.

tỷ lệ kèo chấp bóng đá hôm nay extended zone (1.6 - 2km) - connected by bus, serves as a supplement to tỷ lệ kèo chấp bóng đá hôm nay metro system. tỷ lệ kèo chấp bóng đá hôm nay affected area - potentially extending to a 15-minute motorbike ride radius, where residents can "park their motorbikes and use tỷ lệ kèo chấp bóng đá hôm nay metro".

This structure also explains why, in reality, real estate prices do not increase uniformly but form "value zones" around tỷ lệ kèo chấp bóng đá hôm nay train station, with tỷ lệ kèo chấp bóng đá hôm nay strongest increases in tỷ lệ kèo chấp bóng đá hôm nay core area.

According to Mr. Son, if planning is not properly controlled, tỷ lệ kèo chấp bóng đá hôm nay core TOD area could be over-exploited for commercial purposes, while lacking social infrastructure and public spaces – leading to a long-term decline in urban quality.

According to tỷ lệ kèo chấp bóng đá hôm nay approved plan, Ho Chi Minh City's urban railway network will have a total length of approximately 1,012 km. According to tỷ lệ kèo chấp bóng đá hôm nay plan, by 2030, Ho Chi Minh City will essentially complete 6 routes, with special priority given to tỷ lệ kèo chấp bóng đá hôm nay connecting axis between Tan Son Nhat Airport and Long Thanh Airport.