Land Price Near The New Eastern Bus Station Increases Dramatically
Updated: Dec 25, 2020
In the past 3 years, the land price around the new Eastern Bus Station (District 9) increased 4 times, while the apartment prices in Binh Duong doubled.
Escalating land price in District 9 and the vicinity areas of Binh Duong, near the College Village can be attributed to 3 reasons:
The establishment of Thu Duc New city on the merger of District 2, District 9 and Thu Duc District
The construction of Metro Line 1 is near to completion
The building of the new Eastern Bus Station
The new Eastern Bus Station has a total area of over 160,370 sqm in Binh Thang Ward, Di An City, Binh Duong Province and in Long Binh Ward, District 9, HCMC. It serves the purpose of transporting passengers from Ho Chi Minh City to Quang Tri, and from Quang Tri to other Northern provinces.
When put into utilization, this project is expected to contribute to traffic alleviation in the city center, especially areas around the old Eastern Bus Station in Binh Thanh District.
Land prices in some areas are listed below.
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