Apartments for sale in Binh Duong
It is a savvy decision to buy apartment in Binh Duong, a Vietnamese province located south of the country, close to Ho Chi Minh City. Thanks to investments in industrial technologies, this region is rapidly developing and stands as one of Vietnam's fastest-growing economic areas. In recent years, this location has attracted a plethora of investors, specialists, and international workers. Property in Vietnam, especially in areas like Thu Dau Mot, Di An, and Tuan An, is experiencing a boom, with numerous new apartment projects offering potential investment opportunities. Experts predict a sharp rise in flat listings here by 2025. Estimates suggest that the total number of apartments available will reach tens of thousands by 2024.
Notable residential complexes to consider include:
- Tecco Felice Homes: Situated in the An Phu district, just a 3-minute drive from the An Phu roundabout, nestled between two primary routes – DT743 and Highway 13, leading to Ho Chi Minh. This complex offers fully furnished apartments in Binh Duong for investment and living. Amenities include a zen garden, landscaped areas, a swimming pool, a supermarket, a library, a lounge area, and 24-hour security.
- Iris Tower: Located on Binh Hoa Street, it boasts comfortable residential units and a comprehensive internal infrastructure. Facilities include a sports ground, children's play area, barbecue spot, and a communal lounge. Nearby are hospitals, supermarkets, and educational institutions.
- Essential Residence: Nestled opposite Highway 13 in the scenic Eco Suan area, this project is perfect for those seeking a luxurious lifestyle. It offers amenities like tennis courts, swimming pools, gyms, barbecue areas, children's playgrounds, spacious green areas, and 24-hour CCTV, ensuring residents' privacy and safety.
In the An Binh district, the Phu Dong Sky Garden project has been completed, offering excellent investment apartments in Binh Duong. Another promising residential complex, Bcons City in Dong Hoa by Bcons Group, is under active construction. In the same district, there's the iconic luxury project – Bcons Polygon, which is also under development.
For foreign nationals, there are specific conditions when buying apartments in Vietnam, but they don't significantly infringe on owners' rights. Currently, flats in Binh Duong for foreigners are sold almost under the same conditions as for local residents. The only restriction is that foreigners can own property with a maximum tenure of 50 years, extendable. Moreover, foreign nationals can only purchase up to 30% of all units in a particular residential complex. Otherwise, no special permissions or documents are required.
Apartments prices in Binh Duong
Currently, the average cost of apartments in Binh Duong is around $1230 per square metre. The highest price point stands at $2460. In the aforementioned residential complexes, for instance, in Tecco Felice Homes, the price per square metre starts from $1763, while in Iris Tower, it begins at $1804. Flats in Binh Duong's Essential Residence are priced from $1927 per square metre. There are also more affordable options. For example, the Stown GateWay project, situated directly opposite Highway 13, offers flats from $861 per square metre. This location boasts the tallest park and the largest green space in the area, along with amenities like a café, jogging track, swimming pool, gym, spa centre, and a nursery.
In the EcoXuan Sky Residences complex, located near National Highway 1A, flat prices start from $1,230 per square metre. The complex features 1-bedroom apartments ranging from 47 to 59 square metres, 2-bedroom flats from 66 to 74 square metres, and 3-bedroom residences from 84 to 86 square metres. Like many flats for sale in Binh Duong, all apartments here come furnished and equipped. The complex's amenities include:
- adult and children's swimming pools;
- a garden;
- a private fitness club with a fully-equipped gym;
- a children's playground.
When you buy flat in Binh Duong, it's essential to consider the service charge, which apartment owners in multi-storey buildings are obliged to pay regularly. This fee covers utilities, security, parking, and other amenities and varies between 5,000 and 20,000 Vietnamese dongs (VND) ($0.2–$0.83) per square metre per month, depending on the standard of the residential complex. Taking an average rate of 10,000 VND and a hypothetical property size of 60 square metres, the service charge would amount to 600,000 VND or $25 per month.
Investment apartments in Binh Duong
Binh Duong province is situated just 10–15 km away from the Tan Son Nhat International Airport and major seaports. The infrastructure and transport system here are highly conducive to comprehensive economic and social development. Convenient routes from Binh Duong to Ho Chi Minh and other populated areas, such as Vung Tau and Dong Nai, ensure swift inter-city commutes.
Many choose Binh Duong as a place to live, work, and conduct business. The city also attracts travellers. It boasts intriguing historical sites, the Cao Đài temple, pagodas, the Suoi Tien amusement park, and the Đại Nam tourist zone, which encapsulates over 4000 years of Vietnamese civilization. Many view the country as a seasonal holiday destination or a relocation spot due to its high-quality infrastructure and relatively low living costs compared to other developed Asian nations like Thailand and Singapore. This allows local property owners to rent out their homes and earn passive income.
Buying apartments in Binh Duong
Now is the perfect time to consider investing in overseas property. You can quickly browse the latest and most relevant offers of houses in Vietnam from trusted developers and agencies on our aggregator website. There's an option to filter properties by area, size, price, and other parameters. Start your property search in this sunny and welcoming country today.