Binh Duong launches housing project for young generation
The project, developed by Becamex Tokyu, is the company's seventh condominium in the area and its first targeting young homebuyers, a crucial part of Binh Duong’s growing workforce.
Delegates at the groundbreaking ceremony. (Photo: VNA)
Binh Duong (VNA) - A ground-breaking ceremony was held for the Midori Park The Nest project in Binh Duong New City on March 5, marking a key step in the southern province of same name's urban development in p▨artnership with Japan.
The project, developed by Becamex Tokyu, is the company's seventh condominium in the area and its first targeting young homebuyers, a crucial part of Binh Duong’s growing workforce.
Binh Duong continues to attract young, dynamic residents, fueling urban growth. The province recently surpassed Hanoi to become Vietnam’s second-largest FDI recipient and ranks among the highest in per capita income, providing a solid foundation for housing expansion.
By 2025, average housing space per capita is projected at 33.5 sqm, increasing to 42 sqm by 2030. The province aims for 100% permanent housing by 2030 and sustainable urban planning with modern infrastructure.
Between 2021-2025, Binh Duong planned to add some 104,000 housing units, including 42,000 social housing units, with further expansion through 2030.
Becamex Tokyu has launched several major projects, including The Ten, The Glory, and a new shopping centre in Midori Park. The Midori Park The Nest project further strengthens Binh Duong’s development as a modern, livable city./.
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Minister of Construction Nguyen Thanh Nghi, Singaporean Consul General in Ho Chi Minh City Kho Ngee Seng Roy on February 28 attended a groundbreaking ceremony for a high-end housing project in the southern province of Binh Duong, which is developed by CapitaLand Group of Singapore.
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