Thien Nam Group announced information about its decision to invest in a residential area construction project of more than 20 hectares in Ward 12, North of Vung Tau City. This is a research project that will bring many “golden” values because it promptly grasps the development potential of the Ba Ria Vung Tau area when the Bien Hoa – Vung Tau expressway construction project is being urgently approved. approve investment policy.

Map of Bien Hoa - Vung Tau highway

Ward 12 residential area project is located adjacent to the end point of Bien Hoa – Vung Tau highway, convenient for residents when moving to existing residential areas, Vung Tau City center, Ba Ba center. Ria and go to Long Thanh airport. The total construction area of the project accounts for 65%, the remaining is for public works and trees. This is considered one of the good projects of Vung Tau because of its clean land source, adjacent cultivation, residential properties and ensuring liquidity for investors.

The overall project includes subdivisions such as apartments, villas, hotels, shopping centers… built in harmony with nature, providing many amenities to meet the living needs of a modern residential area. new. The 20ha residential area project in Ward 12 Vung Tau is located in the coastal area of Chi Linh – Cua Lap, where the planned area of more than 1100ha is announced to be developed into a high-end mixed-use urban area serving a population of 45,000 people. . Currently, real estate prices throughout BR – VT province have increased by an average of 20 – 30%, even in some areas by 50%. Specifically, Hung Vuong, Vo Van Kiet, and April 30 streets of the city. Vung Tau transactions range from 25 – 30 million/m2; increased by 2.0 – 2.5 times compared to the beginning of 2018. It is expected that in the future, when the Bien Hoa – Vung Tau expressway is completed and put into operation, prices in this area will reach “peak” and bring great potential. extremely profitable for investors.

According to the report of Ba Ria – Vung Tau province, the socio-economic development situation in 2019 achieved many positive results, all economic indicators had good growth compared to the plan. Besides, with the population of Ba Ria – Vung Tau reaching 1.15 million people, the population growth rate is very fast, compared to other provinces. Infrastructure, transportation infrastructure,… are very developed and highly synchronized.

perspective with the boat wharf project serving the waterway
Perspective of the hotel facade on the main road of the project