Vietnam has witnessed a remarkable surge in GDP growth, reaching 5.66 per cent in the first quarter of 2024, the highest rate since 2020.

The real estate market is experiencing a rebound, attributed to the well-defined legal policies and lending rates that are the lowest in 21 years.

These factors have resulted in a robust of capital in the property sector, leading to a new price increase cycle for professional investors. 

The key to successful investment is to identify the satellite city with strong growth indicators in terms of public and private investment, new infrastructure, population, and employment exhibited through the early stages of its development plans. 

Situated around 30km from HCM City, Binh Duong Province has been growing as an attractive hub for FDI, ranking second in the country with over 4,219 projects and total registered capital of more than US$40 billion.

Public spending has experienced a tremendous surge, and Binh Duong New City shines as a star, boasting investment of more than $10 billion.

Binh Duong New City has emerged as a prime investment destination for people looking for flourishing satellite cities. (Source: Sycamore)

Located in the heart of Viet Nam's Southern Economic Hub, Binh Duong New City has been approved for a 1/500 Detailed Planning Scheme under Decision No. 2273/QD-UBND.

This 1,000-hectare smart city is positioned to become a hub for amenities and conveniences, serving nearly one million middle-class residents and international experts.

The rental potential is immense, generating stable long-term cash flows while awaiting real estate appreciation.

Binh Duong New City is also in the early stages of planning for housing and apartment complexes, benefitting from growth indicators that positively impact real estate prices. Local properties are now considered wise investments to take advantage of the anticipated price increase cycle, driven by future infrastructure development and newly launched housing projects. 

Situated on the 12-car-lane Hung Vuong Boulevard and adjacent to the 70-hectare Central Park, the master development SYCAMORE crafted by CapitaLand Development (CLD) is slated to be an investment magnet in the 10-billion-dollar Binh Duong New City, where investors can expect price appreciation as each project's cycle unfolds.

The master development SYCAMORE introduces its first phase, The Orchard, on 9.1 hectares of the total 18.9ha of land.

This phase comprises 368 community residences, tailored to the land-based asset preferences of Binh Duong people.

The Orchard is built to gated community standards, offering three product types -- terrace, semi-detached villa and single villa -- to meet the diverse demands of life in New City.

Every house in The Orchard will have a tree in front. (Source: Sycamore)

As a sustainable developer, CLD not only focuses on developing high-end residential compound, but also on creating green amenities. Sensory Gardens and The Pier in the premises can provide shade for up to 80% of the built area.

More facilities ịnclude The Island and The Canopy Clubhouse with 26 exclusive amenities and a 3.5km wellness trail supporting green mobility will cater to residents’ needs for living, working and playing, making it an opus lifestyle solution.

Well-being is added value where residents live in a beautiful neighbourhood with peace and fresh air, surrounded by greenery and a community of like-minded individuals.

All these combine to help SYCAMORE address the urge for high-end development in Binh Duong Province and the potential escalation of property value.

SYCAMORE Sales Gallery operating hours: Daily from 8:30AM to 5:30PM. By appointment only, please register through hotline at 1800 599 986 or be connected at www.bit.ly/SYCAMOREonZalo