Real estate near the IP is still “hot”
In the context of many real estate segments falling into a gloomy situation, industrial real estate is considered as a rare bright spot of the market. Especially after the Covid-19 epidemic, the shift of the global supply chain made many multinational corporations look to Vietnam. Because compared to neighboring countries, Vietnam possesses many advantages.
After the success of Samsung Group, Lego Group recently decided to invest 1 billion USD to build a manufacturing plant in Vietnam. This is the 6th and 2nd largest factory in Asia, helping Lego expand its global supply chain network. When the factory comes into operation, it is estimated that it can create 4,000 job opportunities within 15 years. The fact that reputable enterprises locate factories in Vietnam is important in promoting the growth of foreign direct investment (FDI), and at the same time, increasing Vietnam’s reputation in the international arena. economic.
The cash flow into the industry increases sharply, which will normally lead to the development of a chain of factors such as infrastructure, logistics, services, commerce, and entertainment. These factors combined with a large number of migrants will form crowded residential areas and urban areas, creating sustainable profitable business opportunities for investors. All create a push for the real estate adjacent to the industrial park to rise.
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| Real estate adjacent to the industrial park has become a “light door” for investors. |
Looking at the successful lessons of the industrial capitals of the North such as Bac Ninh and Bac Giang, the price of real estate supporting the industrial park has increased “dizzy”. For example, in Bac Ninh, now the auction land price reaches 30 million VND/m2, even up to 200 million VND/m2 for major roads such as Tran Hung Dao, Nguyen Cao, Nguyen Gia Thieu (Ho Chi Minh City). Bac Ninh), Tran Phu (Tu Son)… Or in Bac Giang, land plots around industrial zones such as Van Trung, Dinh Tram, Song Khe – Noi Hoang, Quang Chau have prices ranging from 25-40 million VND/m2. .
From the huge development potential of industrial real estate, experts say that the wave of real estate investment in the vicinity “following” industrial zones will become a sustainable investment trend in the near future, at least in the next 5 years. – 10 years.
Currently, when real estate adjacent to industrial zones in Hanoi, Bac Ninh, Bac Giang has anchored at a fairly high level, even reaching the peak, in order to find a large clean land fund and possess many advantages but at a reasonable price. The land fever has forced investors to look to satellite areas.
Taking Hanoi as the center of the shift to the West, Thai Nguyen is interested by many investors because of a potential industrial market in the Capital Region planning. It is known that in the first 7 months of 2022, the total FDI investment in Thai Nguyen reached 1.02 billion USD, ranking 4th out of 63 provinces and cities nationwide. This province currently owns 6 large industrial zones with an area of 1,420ha and is continuing to expand, promising to be a promising new stop for real estate in the industrial and adjacent real estate segment.
Song Cong – A big “playground” of strategic investors
Possessing a strategic “hinge” location and two of the largest industrial zones in Thai Nguyen, it can be said that Song Cong is a city with an extremely convenient location. From here, only 40km from Noi Bai International Airport, 20km from Thai Nguyen city, it is an ideal “buffer zone” between Thai Nguyen and Hanoi, the intersection of many arterial roads running through. This location is both convenient for trade activities, economic development , and is an ideal condition for the relocation of the living environment of millions of people in the capital.
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| Song Cong 2 Industrial Park expanded in phase 2, becoming the largest industrial zone in the province. |
With efforts to develop infrastructure and attract investment, Song Cong city is likened to a “magnet” attracting investment cash flows of Thai Nguyen province and the region. According to a recent source, the new Chairman of Samsung Electronics (who was just appointed on October 27, 2022) is expected to come to Vietnam by the end of this year to seek, develop and expand the global scale. Therefore, with a large industrial land bank and an opening mechanism ready to welcome large-scale investors, it is expected that Song Cong will become a new destination, after the expansion of Samsung factory in Yen Binh Industrial Park. , Thai Nguyen earlier this year.
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| Traffic infrastructure at Lake View Song Cong urban area has been completed |
Contrary to the development of industrial zones, the current housing supply of the whole Thai Nguyen can only meet about 27% of the housing needs of experts, engineers and workers. With the current rapid growth of FDI and industrial park expansion, the high-end residential segment in this locality will soon fall into a state of “red alarm”. This poses the problem of solving the supply of housing, rental housing, especially high-quality housing for senior personnel. The problem also opens up opportunities to increase profits and welcome waves for trendy real estate investors.
At the end of the year, Song Cong city real estate market still recorded a stable transaction volume. Located in the heart of Song Cong city, Lake View Song Cong urban area is attracting investors because the project owns an expensive location adjacent to industrial zones: Song Cong 1, Song Cong 2, Diem Thuy… easily connected. connecting to the tourist attractions, entertainment of the province. Above all, the project is invested in a methodical scale with modern and livable facilities. This will be the ideal destination for foreign experts, senior engineers as well as successful people, Song Cong or Hanoi residents who want to find a second home to relax and rest every weekend.