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Where are the best places to invest in Binh Duong right now? Is Thu Dau Mot still the top pick, or are areas like Di An, Thuan An, and Ben Cat gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the region. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Binh Duong and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Thu Dau Mot City is seeing rising property prices as the administrative hub of Binh Duong Province
Thu Dau Mot City is seeing a rise in property prices because it's the administrative center of Binh Duong Province.
Being the administrative hub has led to major government infrastructure projects that boost connectivity, making the city more appealing for both businesses and residents. This development is a key reason why property prices are climbing.
In 2023, property transactions in Thu Dau Mot City surged, with nearly 6,000 transactions by Q3, marking a 1.5 times increase from Q2. This jump in transactions highlights a growing demand for properties, naturally pushing prices higher.
Looking ahead, the new land price list effective from January 1, 2025, shows a substantial increase in land prices in the city. For example, the highest land price for type 1 roads is over 52 million VND/m², a nearly 38% increase from the previous list, reflecting the city's rising value.
Population growth is another factor driving up property prices. Thu Dau Mot has seen a 4.2% annual population growth, reaching an estimated 502,473 residents in 2024. This urbanization trend means more people are looking for homes, further increasing demand.
All these elements combined make Thu Dau Mot City a hot spot for property investment, with its strategic location and ongoing development projects.
Sources: Vietnam.vn, Vietnam Real Estate News, World Population Review
2) Ben Cat Town is booming with rising property demand from expanding industrial parks and improved infrastructure
Ben Cat Town is buzzing with property demand thanks to its booming industrial parks and better infrastructure.
In recent years, property prices have shot up, especially in modern areas like Richland Residence, where houses are going for around $50,000 USD each. This price hike shows just how much real estate is gaining value here.
The town's industrial scene is a big reason for this demand. Take My Phuoc 3 Industrial Park, for example. It's one of the largest around and has pulled in nearly $2.8 billion in investments. This cash flow has not only pumped up the local economy but also created steady jobs, which means more people need homes.
Infrastructure is another game-changer. The People's Committee of Binh Duong province has been pouring money into projects like fixing up roads, schools, and health centers. These upgrades make the town a nicer place to live, drawing in both locals and investors.
With all these developments, Ben Cat Town is becoming a prime spot for anyone looking to invest in property. The combination of industrial growth and infrastructure improvements is making it a hot ticket.
Sources: Kim Oanh Group, TTTFIC GROUP, Binh Duong News
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
3) Chanh Nghia Ward in Thu Dau Mot City is sought after for its upscale residential projects and vibrant local economy
Chanh Nghia Ward in Thu Dau Mot City is a hot spot for upscale residential projects.
Property values here have soared, with the average housing floor area per person jumping from 20.4 to 29.89 square meters. This shows a strong demand for luxury living spaces, making it a prime location for new developments. The approval of major projects like the Thuan An high-rise complex highlights the area's potential for upscale housing.
The local economy is buzzing, thanks to multinational companies and industrial parks in Binh Duong Province. With over 3,000 active projects, including significant foreign investments, the economic scene is thriving, offering plenty of job opportunities and stability. The city's push towards becoming a "Green city - smart city" is enhancing residents' quality of life.
Infrastructure investments, such as improved roads and drainage, boost connectivity and living conditions, making Chanh Nghia Ward even more appealing. Its closeness to schools and healthcare facilities is a big draw for families looking for a well-rounded environment. The lively local markets and shopping centers add to the area's vibrant economy and community spirit.
Chanh Nghia Ward's strategic location and development make it a top choice for those seeking a blend of modern living and economic opportunity. The area's transformation is evident in its growing residential projects and bustling local economy.
With its mix of upscale housing, robust economy, and strategic urban planning, Chanh Nghia Ward stands out as a desirable place to live and invest in. The ongoing development and community-focused initiatives continue to attract attention and investment.
Sources: Báo Bình Dương, Báo Bình Dương, Vietnam.vn
4) My Phuoc Ward in Ben Cat Town is gaining interest for its strategic location on National Highway 13 and industrial expansion
My Phuoc Ward in Ben Cat Town is a hot spot for investors, thanks to its prime location along National Highway 13.
This highway is a vital artery, linking My Phuoc to major industrial zones and cities like Ho Chi Minh City. It's perfect for businesses eager to tap into these bustling markets. The area is home to major industrial zones, such as My Phuoc Industrial Park, which boast modern infrastructure and access to skilled labor. These features, along with government incentives, make it a magnet for investors.
Ongoing infrastructure projects along National Highway 13, including road expansions and new facilities, are further boosting the area's appeal. Property values in My Phuoc Ward are climbing, reflecting its growing attractiveness. As more industrial projects and infrastructure developments wrap up, property values are expected to keep rising, offering lucrative opportunities for investors.
The government is sweetening the deal with various incentives, like tax breaks and subsidies, to encourage both industrial and residential development. This makes the area even more enticing. The growing population and workforce in My Phuoc Ward are closely tied to its industrial boom. As more businesses set up shop, the demand for housing from local workers and expatriates rises, driving up property values and rental yields.
High rental yields make it a profitable venture for real estate developers. The expansion of commercial facilities and amenities, such as shopping centers and restaurants, adds to the area's livability. This trend is particularly notable in My Phuoc Ward, where the industrial growth is fueling a vibrant community. Investors are keen to capitalize on this momentum, seeing it as a golden opportunity.
With its strategic location and ongoing development, My Phuoc Ward is poised to become a thriving hub. The combination of industrial growth, infrastructure improvements, and government incentives is creating a perfect storm for investment. It's no wonder that savvy investors are flocking to this promising area, eager to be part of its bright future.
Sources: Báo Bình Dương, Vietnam News, Báo Bình Dương
5) Tan Uyen Town is booming with new residential projects for the growing workforce in nearby factories
Tan Uyen Town is quickly becoming a real estate hotspot thanks to its booming industrial sector.
With a target to boost industrial production by 12-13% annually from 2021 to 2030, the town is seeing a surge in factories and industrial zones. This growth is fueling a demand for housing as more workers flock to the area.
In the first half of 2024, around 15,000 new apartment units are expected to hit the market to accommodate this influx. New projects like the Phu Dong SkyOne apartment complex and The Standard detached townhouse are stepping up to meet the needs of this growing workforce.
The real estate scene in Binh Duong, which includes Tan Uyen, is bouncing back. In January 2024, there was a 66% increase in real estate searches compared to the previous year, signaling a rise in property values and making Tan Uyen a hot spot for investors.
Government infrastructure projects are also playing a role by improving connectivity in Binh Duong Province. This makes Tan Uyen even more appealing for those looking to invest in real estate.
With these developments, Tan Uyen is not just a place to live but a promising investment opportunity, especially as new residential projects cater to the growing workforce in nearby factories.
Sources: Binh Duong News, Diễn Đàn Doanh Nghiệp, Vietnam Real Estate
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6) Di An City is gaining interest for its high rental yields and strategic location near major industrial zones
Di An City is a hotspot for investors thanks to its prime location near bustling industrial zones.
These industrial areas, like the Vietnam Singapore Industrial Park (VSIP) and Song Than Industrial Park, are magnets for expatriates and workers, creating a booming demand for rental properties. Investors are keen on Di An City because they see the potential for high rental yields in this thriving market.
With more people moving in, rental prices are climbing. For instance, a 60 SqM apartment goes for about 7,000,000 VND monthly, while a 65 SqM condo fetches 10,000,000 VND. These numbers show just how strong the rental market is in Di An City.
Adding to its allure, government projects have improved the city's connectivity to Ho Chi Minh City. This makes Di An City not only more accessible but also more appealing to investors looking for growth in real estate.
Investors are particularly drawn to the city's strategic location, which is a stone's throw from major industrial hubs. This proximity ensures a steady stream of potential tenants, making Di An City a lucrative choice for property investment.
With its combination of strategic location, rising rental prices, and improved infrastructure, Di An City stands out as a prime spot for those seeking high returns on their property investments.
Sources: e.vnexpress.net, fazwaz.vn
7) Bau Bang District is attracting interest with its affordable land and potential for industrial growth
Bau Bang District is gaining attention for its affordable land prices and potential for future industrial development.
In recent years, there's been a noticeable increase in land transactions, signaling growing interest in the area. This surge is largely due to the district's efforts to enhance infrastructure and attract investors. Bau Bang is strategically improving its roads and utilities, making it a more appealing choice for businesses and residents alike.
When it comes to land prices, Bau Bang is a standout. The highest land price here is 5.6 million VND per square meter, a stark contrast to Thu Dau Mot City, where prices can soar to 52.16 million VND per square meter. This significant price gap makes Bau Bang an attractive option for those looking to invest in land without breaking the bank.
The local government is not just sitting back; they're actively planning for the future. They've announced new industrial projects, including several industrial parks like Bau Bang Industrial Park and Tan Binh Industrial Park. These developments are expected to create a robust industrial base and attract more foreign investment.
Already, Bau Bang has seen a substantial influx of foreign investment, with 226 projects and nearly $4.5 billion USD in registered capital. This trend highlights the district's growing reputation as a hub for industrial growth.
Sources: Vietnam.vn, Vietnam.vn, Vietnam Briefing
8) Thuan An City is booming with rapid urbanization and proximity to Ho Chi Minh City, boosting property values
Thuan An City is a real estate hot spot thanks to its rapid urbanization and proximity to Ho Chi Minh City.
Imagine living in a place where you can enjoy both the peace of the countryside and the buzz of a big city. That's what Thuan An offers, with its strategic location near Ho Chi Minh City. It's perfect for those who want easy access to the city without the hustle and bustle.
Thuan An has seen some major upgrades recently, like new highways and public transport links. These changes have made getting around a breeze, and as a result, the city's population has jumped from 375,571 in 2009 to 596,227 in 2019. More people are moving in, drawn by the improved connectivity.
There's a building boom happening here, with both residential and commercial projects popping up. Take the One World Construction Investment Project, for example. It's set to create a high-class urban area with homes and businesses, pushing up property demand and making the market even hotter.
Property prices are on the rise, too. The average primary selling price of apartments in Thuan An has been climbing, reflecting the city's growing appeal. This trend is attracting investors and homebuyers alike, eager to get a piece of the action.
With all these developments, Thuan An is becoming a magnet for those looking to invest in real estate. Its blend of urban convenience and suburban charm is hard to resist, making it a prime spot for future growth.
Sources: Báo Bình Dương, City Population, Vietnam.vn
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
9) Phu Hoa Ward in Thu Dau Mot City is gaining attention for its luxury homes and rising property values
Phu Hoa Ward in Thu Dau Mot City is buzzing with high-end residential developments.
One standout project is Happy One Central, offering 1291 luxurious apartments and 13 shophouses. With its low construction density and 68 internal utilities, it's a magnet for those seeking upscale living.
The demand for these high-end properties is fueled by Binh Duong's industrial boom and a surge in immigration. This has led to a significant increase in housing demand, as noted by Savills Vietnam, with new properties quickly snapped up.
Thu Dau Mot's status as a first-class city adds to its allure, thanks to government-backed urban development initiatives. These efforts have created a favorable environment for investors, making the area even more appealing.
The growing population and urbanization in Binh Duong are pushing property values up, making Phu Hoa Ward a top choice for affluent buyers looking for a solid investment.
Sources: Van Xuan Group, Binh Duong News, The Investor
10) Tan Dong Hiep Ward in Di An City is gaining interest for its convenient access to transportation networks driving housing demand
Tan Dong Hiep Ward in Di An City is becoming a hot spot for homebuyers, thanks to its excellent access to transportation networks.
In recent years, especially around 2023 and 2024, the area has seen a surge in new property projects like the Phu Dong SkyOne apartment complex. This influx of new homes indicates that developers are betting on the area's potential, largely due to its strong connectivity. The Metro Line No.1 Ben Thanh – Suoi Tien is a key project expected to make commuting much easier, drawing interest from Ho Chi Minh City and surrounding areas.
Tan Dong Hiep Ward is strategically positioned near major highways and public transportation hubs, making it a prime choice for those who need to commute easily to work or other city parts. The government's investment in local transportation networks is set to enhance the area's appeal even further.
Real estate agents are noticing a spike in inquiries about properties in Tan Dong Hiep Ward, signaling a growing demand for housing. Surveys back this up, showing that buyers are keen on areas with good transportation access, and Tan Dong Hiep Ward fits the bill perfectly.
With its convenient location and ongoing infrastructure improvements, Tan Dong Hiep Ward is becoming increasingly attractive to potential homeowners. The area's development is a testament to its rising popularity among homebuyers who value easy access to transportation.
As more people discover the benefits of living in Tan Dong Hiep Ward, the demand for housing is expected to continue its upward trend, driven by the area's transportation advantages.
Sources: Diendandoanhnghiep, The Investor
11) An Phu Ward in Thuan An City is popular for its modern amenities and closeness to major commercial centers
An Phu Ward in Thuan An City is a hot spot thanks to its modern amenities and closeness to major commercial centers.
Back in 2023 and 2024, this area was already buzzing due to its proximity to AEON Mall Binh Duong Canary, a massive shopping hub with a variety of stores and services. This mall is part of the Canary Complex Area, which was designed to include luxury residences and international schools, making it a magnet for those seeking a vibrant lifestyle.
Adding to the area's appeal is Lotte Mart Binh Duong, which cements its status as a modern retail destination. For leisure, residents can head to the nearby Song Be Golf Resort, offering a touch of luxury and relaxation. The development of the Vietnam Singapore Industrial Park (VSIP) nearby has also attracted a significant workforce, making An Phu Ward a prime spot for both living and working.
Connectivity is a major plus here. An Phu Ward is well-linked to National Highway 13, ensuring easy access to other parts of Binh Duong and even Ho Chi Minh City. This convenience is a boon for both residents and businesses looking to thrive in a well-connected area.
Families, especially those from the expatriate community, are drawn to the area due to the presence of international schools like KinderWorld International Kindergarten, offering quality education options. This makes An Phu Ward an attractive choice for those seeking a family-friendly environment.
Sources: AEON Press Release, The Investor
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12) Vinh Tan Ward in Tan Uyen Town is gaining interest for its affordable housing and industrial growth
Vinh Tan Ward in Tan Uyen Town is catching the eye of potential property buyers due to its affordable housing and growing industrial scene.
In recent years, Binh Duong's real estate market has been buzzing with activity, showing a clear uptick in property transactions and listings. This surge in interest is likely spilling over into Vinh Tan Ward, making it a hot spot for those looking to invest.
New housing projects are popping up all over Binh Duong, offering budget-friendly options. Take the Phu Dong SkyOne apartment complex in Di An City, for instance, where units are priced competitively. This trend suggests that Vinh Tan Ward might offer similar deals, attracting buyers who are keen on affordability.
The industrial boom in Tan Uyen Town is another big draw. By 2025, the area is set to host numerous industrial parks, which will drive up the demand for housing as more workers move in. This industrial growth is not just boosting the local economy but also making Vinh Tan Ward a prime spot for residential development.
For investors and homebuyers, Vinh Tan Ward presents a unique opportunity to tap into a market that's on the rise. The combination of affordable housing and industrial expansion is creating a perfect storm for real estate growth.
As the workforce in Tan Uyen Town expands, the need for social housing is becoming more pressing. This demand is likely to fuel further development in Vinh Tan Ward, making it an even more attractive option for those looking to buy property.
Sources: Supply increased for Southern real estate market, Market warms up, real estate businesses change plans - Binh Duong, Overview of the situation of social housing development in the provinces and cities of the Southeast region
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.