Detailed planning of Ho Chi Minh City up to 2025
The planning of Ho Chi Minh City to 2025 has been detailed by the People's Committee of Ho Chi Minh City in the direction of "multipolar" model or multi centers.
Those centers will be connected by metro system included 7 lines. Metro line No. 1 has reached 87.5% of the total project volume, expected to reach 91% by the end of 2021. Due to the outbreak of the COVID-19 epidemic, the grand opening date is moved to end of 2023.
Based on metro system, there are some underground spaces around the metro station area will be renovated and developed to form commercial and utility centers associated with public transport.
According to direction, Ho Chi Minh City will develop to: East, South, Northwest and Southwest.
The South (District 7, Nha Be) For the southern area (District 7, Nha Be), the city will develop technical infrastructure to serve water drainage. This plan is based on the actual situation here. For example, the area's topography has many rivers and canals, good hydrological conditions, and a large land fund for urban development.
The East (Districts 2, 9, Thu Duc) This area develops along the highway corridor Ho Chi Minh City - Long Thanh - Dau Giay. At the same time, develop new urban areas along the Hanoi Highway, notably the High-tech Software Park, Vietnam National University town and suffer areas construction of highways.
According to statistics in the period 2010-2020, Ho Chi Minh City deployed 216 projects, with a total capital of 350,000 billion VND, 70% of which is infrastructure connecting to the East.
Northwest (District 12, Cu Chi, Hoc Mon) Only District 12 has the largest land bank with a natural land area of more than 5,200 hectares. Owning the best natural area with good conditions, Northwest is suitable land fund for developing new urban areas. At the same time, synchronize technical infrastructure with social infrastructure. This is considered one of the important issues, noticed in the northwest area of the city. In 2020, thanks to Metro No. 2 plan, District 12 real estate prices around the Metro axis increases by up to 10%.
Southwest (Tan Phu, Binh Chanh, Binh Tan) Currently plan is focus on developing appropriate technical infrastructure to meet the living standard's people needs who are seeking for upgraded real estate to live. The population is the largest compared to the others, this area become the city's background offering the necessary requirements for sustainable development and supporting other areas in the city for rapid growth in the near future.
SUM UP
Get to know government's plan of construction such as: construction density, buildings built around the project you buy or the height of adjacent buildings... could help to avoid some cases where you received houses and the adjacent project was built higher and blocked the view of the apartment. The common increase in construction density, creating traffic pressure, increasing the supply of real estate, leading to a decrease in the value of the invested project.
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