Ho Chi Minh City’s Eastern region is experiencing a surge in infrastructure development, with an investment of over 245 trillion VND, accounting for 70% of the city’s total infrastructure budget. Major projects, including Ring Road 3, Tan Van Interchange, An Phu Interchange, and the expansion of Hanoi Highway, are driving economic growth and attracting real estate investors.
Key Infrastructure Projects in Eastern HCMC
Metro Line 1: A Milestone for Urban Connectivity
The long-awaited Metro Line 1 (Ben Thanh – Suoi Tien), spanning 20 km, connects District 1 to the new Eastern Bus Station in Thu Duc City. After 12 years of construction, the metro system is set to begin commercial operations by late December 2024, significantly enhancing connectivity between downtown Ho Chi Minh City and its Eastern districts.
Ring Road 3: Unlocking Regional Growth
Construction on Ring Road 3 is progressing rapidly, with over 99% of land clearance completed. As of late 2024, 30% of the project has been built. Authorities aim to finish major works by 2025, ensuring full operation by 2026. This project will improve logistics and transport efficiency, boosting real estate values along its route.
Tan Van Interchange: A Key Traffic Node
The Tan Van Interchange, a critical junction between Ring Road 3, Hanoi Highway, Nguyen Xien Street, and National Highway 1, broke ground in April 2024. The project is scheduled for completion within three years, integrating essential transport arteries that link Thu Duc City, Di An (Binh Duong), and other key economic zones.
An Phu Interchange & Hanoi Highway Expansion
Additionally, major investments are flowing into the An Phu Interchange and Hanoi Highway expansion. These projects will reduce congestion, improve accessibility, and further solidify Eastern HCMC as a prime real estate hotspot.
Impact on Real Estate Development
Major Developers Announce New Projects
The rapid advancement of Eastern HCMC’s infrastructure has prompted real estate developers to launch new projects. Reports indicate that 50,000 apartments from 17 projects will enter the market by 2025, with 11 of these projects concentrated in the Eastern region.
Some of the key developments include:
- Masteri Grand View (Masterise Homes) – Part of the Global City mega-project.
- King Crown Infinity (BCG Land) – A luxury high-rise project.
- The Gió Riverside (An Gia Group) – A 2.9-hectare development near Hanoi Highway, Tan Van Interchange, and Metro Line 1.
- Salto Uptown (SCC), Elysian (Gamuda Land), The Berkley (SonKim Land), and Emeria (Khang Dien) – All scheduled for launch in early 2025.
The Gió Riverside: A High-Potential Investment
At the CEO Talk event in January 2025, An Gia Group announced its strategic plan to launch 3,000 apartments in The Gió Riverside during 2025-2026. The project’s prime location near major transport hubs and commercial centers, including AEON Mall Bien Hoa and Suoi Tien Bus Station, positions it as an attractive option for buyers seeking both residential and investment opportunities.
Favorable Market Conditions in 2025
According to VIS Rating experts, new government policies aimed at easing legal bottlenecks will accelerate real estate project approvals. As a result, housing demand is expected to rise, driven by:
- Improved infrastructure and transport connectivity.
- Investor confidence in key urban developments.
- A growing middle-class population seeking modern housing solutions.
Conclusion: A Golden Opportunity for Investors
The 245 trillion VND investment in Eastern HCMC’s infrastructure is reshaping the region, unlocking unprecedented real estate potential. With key projects like Metro Line 1, Ring Road 3, and Tan Van Interchange nearing completion, real estate prices are expected to surge. Developers are capitalizing on this momentum, making 2025 a crucial year for property investments in Eastern HCMC.
For investors, this marks a strategic moment to enter the market, as infrastructure upgrades drive long-term growth and real estate values continue to climb.