Opportunities from propety projects banking on transit oriented development gains

By Thanh Tra
Sat, August 12, 2023 | 3:49 pm GMT+7

Real estate products developed by CT Land, a subsidiary of CT Group, stand to gain value when the transit oriented development (TOD) model gets underway in Vietnam, the company says.

It says in a release that the TOD model will spur economic development and deliver a modern, comfortable and sustainable living environment to residents.

This, in turn, will make projects in contiguous areas increasingly attractive.

Under the model, urban development plans are designed based on transit systems, thus improving efficiency of land use and transit operations. TOD-based municipalities serve multiple functions centered around stations. The stations are typically surrounded by commercial and industrial centers, offices and schools, not to mention public admin offices.

The number of pedestrians and customers from and to these areas will increase, opening up many business opportunities and contributing to improving local socioeconomic and environmental conditions.

The Metro Star project has won appreciation for its investment potential thanks to synchronous connections with the metro line including a pedestrian bridge. Photo courtesy of CT Land.

The Metro Star project has won appreciation for its investment potential thanks to synchronous connections with the metro line including a pedestrian bridge. Photo courtesy of CT Land.

Many developed countries have successfully applied this model in major cities like Tokyo (Japan), Seoul (South Korea), London (the UK), New York (the U.S.) and Sydney (Australia), making TOD an important model for smart city planning and management in the 21st century.

In Vietnam, metro lines, ring roads and a national railway section from Ho Chi Minh City to Can Tho city in the Mekong Delta region provide the basis for urban planning and development under the TOD model.

Currently, Ho Chi Minh City is the first locality in the country to pilot urban development focused on the railway system. The southern economic hub plans to pilot the TOD model in areas around railway stations of Metro Line No. 1 (Ben Thanh-Suoi Tien) and intersections along Ring Road 3.

A modern urban space near the metro line will attract people to live and a large flow of passengers will make areas near the stations more valuable.

In particular, HCMC’s Metro Line No.1 is said to hold great potential and projects that embrace the TOD trend will also see increased value as they meet real needs of residents, from settling down to making investments.

Along the current metro lines in HCMC, many projects like Metro Star are drawing attention from investors. Photo courtesy of CT Land.

Along the current metro lines in HCMC, many projects like Metro Star are drawing attention from investors. Photo courtesy of CT Land.

Along the current metro lines, many projects are drawing attention from investors. These include Metro Star, Metro 9 and Metro City developed by CT Land. In particular, Metro Star is a rare project with a pedestrian bridge linking Metro Line No. 1 (Ben Thanh-Suoi Tien). This project is highly valued for its advantages and potential for investment thanks to its synchronous infrastructure connection with the metro line and ring roads connecting the project with downtown HCMC.

Directly benefiting from transport infrastructure improvements, Metro Star will welcome about 250,000 passengers using the metro every day and tens of thousands of others from the Truong Tho central business district (CBD), which is the economic, cultural and administrative heart of Thu Duc city. The business, investment and usage values will therefore increase in the future.

Along Metro Line No. 2 (Ben Thanh-Tham Luong), CT Land’s DIYAS brand is expected to develop about 20,000 DIY 4.0 apartments, meeting the needs of affordable housing for young people with limited savings. DIYAS residents can effectively utilize this means of transport to travel to all inner-city areas.

T Land is a pioneer in project development based on the TOD model. It boasts more than 30 years of experience in the real estate industry and has demonstrated its ability by successfully developing a diverse range of residential, retail, logistics, and tourism real estate.

All customers who have cooperated with CT Land see high profits and good liquidity, the firm said in a release.

Apart from the projects along the metro lines, CT Land is also developing many projects in strategic areas of HCMC, ring roads, and new urban areas at the city's gateways.

The TOD model is a solution that both helps implement urban planning in a modern way and improves the quality of life for residents. Along with the metro system, a series of follow-up works will help improve the stature of the area and adjacent properties will establish new value levels.

The prices of existing projects along the routes will expand by 20-50% compared to the original ones. The potential for rapid price hikes and traffic and trade benefits will continue to attract savvy investors.

Comments (0)
  • Read More
VPBank issues Vietnam’s first international sustainable bonds

VPBank issues Vietnam’s first international sustainable bonds

VPBank has become the first bank in Vietnam to successfully issue $300 million in sustainable bonds on the international market.

Companies - Wed, September 17, 2025 | 10:24 pm GMT+7

Vietnam’s private conglomerate Vingroup reclaims market capitalization crown after 5 years

Vietnam’s private conglomerate Vingroup reclaims market capitalization crown after 5 years

Vingroup has surpassed state-controlled lender Vietcombank to become the largest market capitalization company in Vietnam as its stock price rose 3.5 times in the past seven months.

Companies - Wed, September 17, 2025 | 10:16 pm GMT+7

First wave of ETF buying could exceed $680 mln if Vietnam secures FTSE market upgrade: broker

First wave of ETF buying could exceed $680 mln if Vietnam secures FTSE market upgrade: broker

Vietnam’s stock market has a strong chance of being upgraded by FTSE Russell in its October 2025 review, a move that could unlock billions of dollars in foreign inflows, said an analyst at broker ASEAN Securities.

Economy - Wed, September 17, 2025 | 4:16 pm GMT+7

Vietnam Education Publishing House faces challenges in curbing fake textbooks

Vietnam Education Publishing House faces challenges in curbing fake textbooks

The Vietnam Education Publishing House (VEPH) is encountering a range of difficulties in fighting counterfeit textbooks as the situation is becoming increasingly sophisticated and complex.

Companies - Wed, September 17, 2025 | 3:54 pm GMT+7

Vietnam Airlines the largest holding in gov’t investment arm SCIC’s portfolio

Vietnam Airlines the largest holding in gov’t investment arm SCIC’s portfolio

National flag carrier Vietnam Airlines has overtaken Vinamilk and Sabeco to become the largest holding in State Capital Investment Corporation's (SCIC) stock portfolio following the latest capital funding.

Finance - Wed, September 17, 2025 | 3:20 pm GMT+7

Hoa Phat Agriculture submits documents for IPO

Hoa Phat Agriculture submits documents for IPO

Hoa Phat Agriculture Development JSC, a subsidiary of Hoa Phat Group, on Tuesday submitted documents for an IPO of its shares as early as December 2025.

Companies - Wed, September 17, 2025 | 3:03 pm GMT+7

Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam

Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam

Petrovietnam plans to develop an eco-energy and industrial center project in Can Tho city, the "heart" of the Mekong Delta, its representatives stated on Monday.

Energy - Wed, September 17, 2025 | 11:49 am GMT+7

Thailand - one of Southeast Asia’s fastest-growing markets for AI

Thailand - one of Southeast Asia’s fastest-growing markets for AI

Thailand has emerged as one of Southeast Asia’s fastest-growing markets for artificial intelligence (AI), with OpenAI reporting that weekly active users of ChatGPT in the country have quadrupled over the past year.

Southeast Asia - Wed, September 17, 2025 | 10:40 am GMT+7

MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam

MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam

Vietnam should establish a single regulatory focal point and adopt a more flexible sandbox regime to accelerate fintech innovation, said Nguyen Ba Diep, co-founder of e-wallet giant MoMo.

Finance - Wed, September 17, 2025 | 8:00 am GMT+7

Indonesia to end incentives for imported CBU BEVs in 2026

Indonesia to end incentives for imported CBU BEVs in 2026

The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.

Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7

Aquatic sector advised to navigate challenges, secure exports to EU, US

Aquatic sector advised to navigate challenges, secure exports to EU, US

Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.

Companies - Tue, September 16, 2025 | 9:41 pm GMT+7

Vietnam pledges favorable conditions for UK businesses

Vietnam pledges favorable conditions for UK businesses

Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.

Companies - Tue, September 16, 2025 | 9:29 pm GMT+7

Lotte Shopping plans to open more shopping malls in Vietnam

Lotte Shopping plans to open more shopping malls in Vietnam

South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.

Companies - Tue, September 16, 2025 | 9:25 pm GMT+7

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam ratifies WTO Agreement on Fisheries Subsidies

Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.

Companies - Tue, September 16, 2025 | 9:21 pm GMT+7

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.

Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.

Industries - Tue, September 16, 2025 | 3:54 pm GMT+7