Along with other key projects, since early this year, urban development and real estate projects in Binh Duong new city have continued strongly moving, absorbing the attention of clients and investors. In the near future, Binh Duong new city will become a hub district of centrally-run Binh Duong city, so projects in the urban development and real estate sector herein bear a special value about potential in promoting trade-services… 

A glance of Dong Do Dai Pho project in Binh Duong new city

Large-scale projects

Binh Duong defines that industrial development must always go together with urban development. The province is now among the country’s top localities in terms of industrial development. The province’s urban development field is creating advantages for investors and Binh Duong new city is seen as a center for development in this field.

Based on its detail planning, Binh Duong new city will be a hub district of centrally-run Binh Duong city in the near future and also be gateway of linking trade and service exchange in and out of the province. With its traffic system built in a synchronous way, Binh Duong new city is seen as a center for breakthroughs on trade-service development. From the above advantages, the new city is opening business opportunities for individuals and organizations along with the evolution of urban development and real estate projects.

Despite difficulties, many real estate projects, namely IJC Aroma Luxurious Apartment, IDC Plaza, Gold Town, Dong Do Dai Pho Sunflower Villas…, in Binh Duong new city are attracting a large number of clients. IJC Aroma is a high-class apartment complex with modern and luxurious design for foreign experts working in the vicinity of the province. TDC Plaza project has also come into operation and is an attractive address for those who would like to seek an ideal living space. The Gold Town commercial street and Dong Do Dai Pho project are very attractive to clients.

Amid market with fluctuations, investment projects in Binh Duong new city have emerged, thanks to having enough criteria on planning, investment ability, level of product liquidity…Besides, provincial Integrated Administration Center is going to come into operation, creating another attraction for the urban development and real estate field.

Impression from the US$1.2bln real estate project

According to investors, Binh Duong new city has an important strategic position in linking the Central Highlands with western and southeastern provinces; it is also a satellite-urban area of HCM city, the country’s top economic hub and an infrastructure development hub of Binh Duong in order to develop into the centrally-run city. All the things are advantages for Binh Duong new city to lure projects in the urban development field.

The Tokyu Binh Duong Garden City project is seen as a top real estate project in Binh Duong new city with a total investment capital of US$1.2 bln. The real estate project is developed by a joint venture between Vietnam’s Becamex IDC and Japan’s Tokyu Corporation. Once completion, it will provide 7,500 apartments and houses, plus recreational and service facilities, and offices for lease, contributing to the sustainable development of Binh Duong New City.

This is now the province's biggest urban project and the biggest FDI project. It is known that the joint venture has applied the Japanese Tokyu Corporation’s experience in infrastructure and urban development to the Tokyu Garden City project, aiming to create a hi-quality living space covered by Japanese and Vietnamese style. According to Toshiaki Koshimura, Chairman of Japan’s Tokyu Corporation, this will be not only Vietnam’s most modern urban area, creating a highlight for Binh Duong new city in the future, but also create a motivation for Binh Duong to absorb FDI capital from Japan. The corporation has also spoken highly of Binh Duong new city and affirms that they will be a wonderful urban center of Vietnam in the future.

At the groundbreaking ceremony of the project, Le Thanh Cung, Chairman of provincial People’s Committee also spoke highly of the capacity of the investor and the significance of the project. He added that Tokyu Binh Duong Garden City played an important role in developing provincial economy and society. Once completion, the project will greatly contribute to Binh Duong’s process of modernization and industrialization.

Reported by T.Minh-Translated by K.T