Metro Line 4 accelerates as Ho Chi Minh City's South enters a new infrastructure race

One of Ho Chi Minh City’s longest metro lines, Metro Line 4 (Dong Thanh – Hiep Phuoc), is being urgently advanced by Sovico Group. The company aims to complete the feasibility study in 2026 and target ground-breaking in the first quarter of 2027, signaling a push to accelerate infrastructure development in the city’s southern growth area.

Sovico accelerates Metro Line 4 timeline

Since June 2025, Sovico Group, chaired by billionaire Nguyen Thi Phuong Thao, has officially submitted letters to the Ho Chi Minh City People’s Committee and relevant departments proposing to study and invest in Metro Line 4 (Dong Thanh – Hiep Phuoc). After receiving approval to approach the project, Sovico coordinated with consulting units to conduct surveys and complete a comprehensive study of the metro line.

The group also proposed an investment plan under a PPP model with a BT contract, combining payment by land and TOD-oriented urban development along the line.

Under the latest schedule, Sovico commits to completing the feasibility study by the second quarter of 2026, creating a basis for the project to break ground in the first quarter of 2027. Consulting units are currently finalizing technical dossiers, operating models, and financial plans to international standards.

Metro lines as drivers for real estate and TOD

If implemented on schedule, Metro Line 4 is expected to deliver a major infrastructure boost to southern Ho Chi Minh City, similar to the long-term impact of Metro Line 1 on the East. Metro lines are not only transport infrastructure but also engines of growth for the real estate market, with TOD (transit-oriented development) models linked to stations having previously supported significant increases in property values along metro corridors.

As an example, CBRE Vietnam data for Metro Line 1 show apartment prices along the line have risen by 20% to 50% over many years, while several projects near stations have increased by 150% to 200%.

Metro Line 4 route and expected development pull

Metro Line 4 is planned as a 47 km line connecting the South to the city center and creating a new urban development axis. The corridor is expected to attract large investment into areas including Hiep Phuoc and Can Giuoc.

Hiep Phuoc Premia is positioned adjacent to the Hiep Phuoc Depot of Metro Line 4 and is described as helping lead the infrastructure-driven development wave in the South. The project is developed by Hai Thanh, with DKRA Realty as the master marketing and distribution agent. It covers about 80 hectares and is expected to deliver around 4,000 units, with expected revenue of about 9,000 billion VND.

Connectivity and amenities supporting the corridor

The project’s location on the extended Nguyen Van Tao axis to 60m, along with direct access to the South’s infrastructure ecosystem—including Ring Roads 3 and 4, DT 827E, the Ben Luc – Long Thanh Expressway, and Hiep Phuoc Port—adds to its growth potential as the South enters a new development cycle.

Beyond infrastructure connectivity, Hiep Phuoc Premia includes more than 1 km of riverfront along Soai Rap and over 40 internal amenities, covering education, sports, commerce, and entertainment.

Project pricing and financing details

Prices for Hiep Phuoc Premia start from 1.79 billion VND per plot. The financing package includes a 30-month payment term, with banks lending 70% over 35 years. The offer also cites a 9% fixed interest rate for 12 months, principal grace up to 36 months, and discounts of up to 9%.

Outlook for southern growth

As Metro Line 4 accelerates toward its feasibility and ground-breaking milestones, experts expect southern Ho Chi Minh City to enter a new growth phase, drawing parallels to the East’s experience when Metro Line 1 was formed.