As the connecting gateway of the whole Southern region, District 9 is attracting the attention of real estate investors. So how does the District currently have traffic infrastructure, utilities, and real estate market?
Geographical location, traffic plan in District 9
According to the city’s master plan, District 9 has a total area of 11,389.62 hectares. Located to the east of the city, District 9 borders Dong Nai province and is bordered by the Dong Nai River.
District 9 has three main core areas, including:
- Regional multi-purpose commercial and service center area: about 93 hectares in Long Binh ward
- Trade and Service Center Area in the East of the city: about 140 hectares in Truong Thanh and Long Truong wards
- The residential area and administrative center of the district: scale about 136 ha in Truong Thanh ward and Long Truong ward
The city has spent 250,000 billion VND to develop transport infrastructure in District 9. The traffic planning here is connected throughout with 1 type: road, waterway, railway, aviation. District 9 is connected by the existing Hanoi Highway, Long Thanh – Dau Giay Expressway was put into operation in early 2014, supporting traffic in this area to become more convenient.
From here, residents can only move within 15 minutes to Phu My Hung center via Phu My bridge, about 20 minutes via Thu Thiem tunnel or Hanoi Highway connecting immediately to the center of District 1. In addition, From there to Vung Tau is only 1 hour and 20 minutes, connecting to Phu My industrial park only takes 45 minutes. In addition, the Ring Road 3 (My Phuoc – Tan Van – Nhon Trach) will help traffic from Ho Chi Minh City, new Binh Duong – City, Ho Chi Minh – City, Nhon Trach is transparent.
Utilities in District 9
The system of education, culture, entertainment, and important functional areas in District 9 is formed in a methodical way such as the Long Phuoc University Education and Training Area, the National University of Ho Chi Minh City, Phu Huu Port, Suoi Tien Tourist Area, and National Cultural History Park.
City-level gymnastics and multi-purpose sports training areas in residential areas are also fully arranged here. Residents easily move to Rach Chiec sports center (District 2).
District 9 also focuses on building several large-scale concentrated ecological park areas (Long Phuoc ward, Long Binh ward, Truong Thanh Ward, and Long Truong ward) to ensure the target of green trees at 7-8m2/ people.
Notably, District 9 is also home to the world’s leading corporations such as Japan, Korea, France, the United States, etc., large electronic corporations in the high-tech park of Samsung, Intel, Jabil, etc. invest and expand the factory here.
In addition, outstanding facilities in District 9 can be mentioned as:
- Vuon Co tourist area (Long Thanh My ward)
- Bung Sau Commune relic area (Long Truong ward, Phu Huu ward)
- Ethnic cultural and historical work zone (Long Binh ward)
- New Eastern Bus Station
- New University Village of the city. Ho Chi Minh
- City-level sports area: Thu Duc Golf Course
- 7C Hospital, 500-bed sanatorium in Long Truong ward
- Facility 2 of Ho Chi Minh City Oncology Hospital
- Tam Da Lotus Lagoon
- The BCR . tourist area
- Fairy Stream
- Nhan Van Bookstore
The development of transportation infrastructure, being located next to a technology park that attracts foreign corporations, plus the advantage of being located near District 2 are the reasons why real estate in District 9 has increased in price in recent years quickly.
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source https://lookoffice.vn/things-to-know-when-renting-an-office-in-district-9
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