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Metro line No.1 with a length of 19,7 km (2.6 km long underground section and 17.1 km long elevated section) go through 14 stations includes three underground stations, eleven elevated stations; among them that Station No.6 will connect directly to the third floor of Thao Dien Pearl’s retail podium.

Metro line No.1 map

According to Thanh Nien newspaper dated 7/9/2011, Prime Minister Nguyen Tan Dung has approved the revision budget of Urban Railway Construction Project Ben Thanh – Suoi Tien (Line 1). Negotiation with the contractors of the main package will be conducted after the project is adjusted.


Thao Dien Pearl project is connected directly to the station No. 6 of metro line Ben Thanh - Suoi Tien

Currently clearance work being carried out urgently with District 1 and Binh Thanh District have completed their part. According to the latest directives of President People's Committee Ho Chi Minh City - Mr. Le Hoang Quan asked the local rest (Dist 2, Dist 9, and Thu Duc Dist) to accelerate and complete the clearance compensation at the latest by 30/9. In addition, the CII (Investment infrastructure JSC) will be completed the relocation of infrastructure system along the Hanoi Highway ahead of time so on.

Besides, Suoi Tien bus station (to replace the Eastern Bus Station) located in District 9 has an area of 16 ha (3,7 ha in the territory of Binh Duong province), will connect with the metro line No. 1 Ben Thanh - Suoi Tien which is approved to start up by Samco (Saigon Transportation Mechanical) the Corporation. According to Le Van Pha - Vice president of Samco – Samco is preparing compensation frame of the relocation for District 9 and Binh Duong province in order to bring intercity bus station to the suburbs, connecting with the metro line, consistent with planning of Ho Chi Minh City. Budget of construction of the new bus station is estimated about 3,500 billion VND and expected to be completed in 2015 - 2016.

Based on an empirical analysis of the Dutch Housing Markets from 1985 to 2001 about the impact of Metro transport on Real Estate Price find that dwellings very close to a station are on average about 25% more expensive than dwellings at a distance of 15 kilometers or more.

Evidence from many international markets consistently reveals that land and property values and ultimately rentals, within the vicinity of stations linked to metro lines increases significantly. According to figures from HotProperty.co.uk, homes in central London within five-minutes walking distance of a tube station are up to 21% more expensive than those of similar properties further away.

(General News)