Ho Chi Minh developers move to other provinces on cheaper prices, improving transport infrastructure

Houses and lands in Đồng Nai, Long An and Bình Dương provinces are attracting developers thanks to much lower prices than in HCM City and improved transport infrastructure. - VNS

HO CHI MINH CITY (Vietnam News/ANN): While the HCM City housing market has gone quiet after the renewed outbreak of Covid-19, the market in neighbouring provinces like Đồng Nai, Long An and Bình Dương have seen robust growth this year, experts said.

Distance is no longer a problem for developers in and around HCM City thanks to improved transport infrastructure, and they are increasingly looking at neighbouring provinces where prices are more reasonable and have potential for property development.