In the overall development of Ho Chi Minh City, District 4 is considered a district that converges many development potentials.
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After 5 years (2010-2015) of breakthrough and adequate investment, the infrastructure in District 4 is increasingly being perfected.
District 4 Real Estate – The Neglected Golden Land
Located in the central core area, just a river away from District 1 and 1km away from Ben Thanh Market, Quận 4 (District 4) has long experienced slow development and inadequate infrastructure. It was not until the completion of the Võ Văn Kiệt Boulevard project, with its double-bridge system, that the urban area of Quận 4 began to flourish.
After 5 years of breakthrough and substantial investment from 2010 to 2015, the infrastructure in Quận 4 has been continuously improved and expanded. Bridges such as Khánh Hội, Ông Lãnh, Calmette, Nguyễn Văn Cừ, Tân Thuận, and Kênh Tẻ have been built, not only connecting the central area with Quận 4 but also linking it to the Thủ Thiêm area and South Saigon. Upgraded roads like Nguyễn Khoái, Bến Vân Đồn, and Tôn Thất Thuyết have transformed Quận 4 and given it a new, deserving image.
Mr. Trần Hoàng Quân, Vice Chairman of the People’s Committee of Quận 4, stated that in addition to the plans for urban renewal and expansion of downgraded roads, the district also focuses on transportation development and flood prevention measures from 2016 to 2020.
As part of this plan, the key artery Nguyễn Tất Thành Street will have its width expanded from 37 to 46 meters. The relocation of the Nhà Rồng – Khánh Hội Port and Tân Thuận Port is planned, as well as the construction of new roads such as Road No.1, D3, Vĩnh Hội (extension), and proposed bridges like Trần Đình Xu and Nguyễn Khoái. The North-South axis road is also under consideration.
Positive changes near the CBD – Suitable for successful young professionals
Being a rapidly developing urban area with numerous high-rise buildings, offices, commercial complexes, and parks, Quận 4’s real estate market has shown significant progress and infrastructure improvement.
The most prominent segment in the apartment market in Quận 4 is the residential area along Bến Vân Đồn, Nguyễn Khoái, and Tôn Thất Thuyết streets. After undergoing renovation and expansion, this route has become a significant counterpart to Võ Văn Kiệt Boulevard on the other side of the canal.
Furthermore, District 4 real estate market has benefited from the decision to expand several roads. These include infrastructure development projects such as the construction of Road No.1 (from Tôn Thất Thuyết to Lane 326, Đoàn Văn Bơ Street, scheduled to be completed in April 2019), the construction of Road D3 (from Tôn Thất Thuyết to Nguyễn Tất Thành Street, currently under review by the Ho Chi Minh City Department of Transport, with land recovery expected in October 2018, groundbreaking in October 2018, and completion in April 2020), and the construction of the Vĩnh Hội road extension (expected groundbreaking in January 2019 and completion in September 2019).
With its beautiful view towards the city center and its proximity to Districts 1, 5, 7, and 2, this route has attracted numerous real estate giants to invest, leading to a continuous influx of high-end apartment projects.
According to real estate investors, the real estate market in Quận 4 will experience strong development, matching its existing potential. Along with the trend of green living in central districts, Quận 4’s apartment projects with green design, close proximity to nature, and stunning views of rivers and canals will dominate the Quận 4 market and establish it as a prestigious CBD for successful young professionals.
Investment Trends In District 4 Real Estate
With the increasing number of mid-range and high-end apartment projects, Quận 4 is expected to become a “gem” and a future destination for real estate investors.
In this regard, it is impossible not to mention CapitaLand, a premium developer from Singapore, with its De La Sol project located on Tôn Thất Thuyết Street. This project enjoys a beautiful feng shui location, situated at the confluence of three rivers, bringing prosperity and abundance to its residents. It also serves as a gateway between District 1 and the South Saigon area. The project holds great potential for price appreciation due to the infrastructure development in Quận 4.
Furthermore, the decision to restrict the construction of new high-rise residential projects in the central areas (Districts 1, 3, 4, and 5) until 2020 without corresponding technical infrastructure and social infrastructure plans, as part of the housing development program for the period 2016-2025 recently approved by the People’s Council of Ho Chi Minh City, has led to a scarcity of high-end apartments for living or leasing in the central districts.
With the emotions of exhilaration, energy, and passion of music, De La Sol is not just a place to live but also a means to express oneself. Moreover, CapitaLand has invested generously in unique amenities and entertainment areas that are innovative and youthful, making every moment feel like an impressive Instagram snapshot.
Through De La Sol, CapitaLand has also made its mark as the pioneer in introducing the concept of dual-key (Duo) and triple-key (Trio) apartments in Vietnam. The “apartment within an apartment” concept ensures that each area is fully equipped with essential spaces: kitchen, bedrooms, living room, and separate bathrooms. This creates a private living space for homeowners and offers great income potential as you can easily live in one section and rent out the others without worrying about sharing your personal space.
The dual-key (Duo) and triple-key (Trio) apartment models feature fully equipped spaces, including kitchen, bedrooms, living room, and separate bathrooms.
With the advantage of a large number of foreigners living and working in District 1 and neighboring districts, De La Sol – one of the rare luxury apartment projects allowed to be built in the city center – demonstrates CapitaLand’s long-term vision and proves to be a promising investment channel, ensuring attractive returns for investors.
Opportunity to own the last remaining units in the Alto tower with only a 10% payment in 2018 and enjoy discounts of up to 3%.
For more information, please contact: www.de-la-sol.vn