If TOD (Transit-Oriented Development) is viewed solely as a “lever” for real estate, Ho Chi Minh City will miss its biggest opportunity: transforming transportation infrastructure into a driving force for enhancing urban productivity and restructuring the economy.
The surrounding area is considered to have the potential for TOD (Transit-Oriented Development) – Photo: CHAU TUAN
Transport-Oriented Development (TOD) not only gives Ho Chi Minh City’s transportation infrastructure a new look but also provides a clear impetus for the real estate market along the route. Improved occupancy rates at shopping malls, increased liquidity, and rising property prices are partly due to the attractiveness of the urban rail infrastructure.
Kaynak: Vietnam.vn