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HCMC real estate: Projects near metroline No.1 see price increase

After the construction of the metroline No.1, a series of commercial housing, office building and commercial center have appeared along the metro line. There are about 40 real estate projects along the metro line No.1 such as Vinhomes Golden River (District 1); Vinhomes Central Park, The Madison, Saigon Luxury, City Garden, Sunwah Pearl, Saigon Pearl, The Manor (Binh Thanh District); Thao Dien Pearl, Master Thao Dien, Master An Phu, Gateway Thao Dien, The Nassim (District 2); TDH Phuc Thinh Duc, First Home Premium, Ihome, Lavita Garden, Saigon Gateway (District 9), etc.

Marc Townsend, former Managing Director of CBRE Vietnam, emphasized: “Metroline projects invested by HCMC will show us how strongly property prices will change. According to our research and forecast, every property project located within 500-meter radius around these metrolines will see an increase of 20% in future prices. When these projects completed following schedule, the prices will increase even higher.”