From the familiar place name of the old District 4, Khanh Hoi Ward after the merger is taking on a new look with many advantages in terms of traffic, land fund and office market. Let’s review the highlights with Tuong Phat Land through today’s article to understand why this area is “on the rise”. Let’s explore the details now!
1. Overview of Khanh Hoi Ward (Old District 4), HCMC
2024 marks an important turning point for District 4, Ho Chi Minh City when it officially restructures and merges administrative units. According to the Resolution of the National Assembly Standing Committee, Khanh Hoi Ward was established, along with two other new wards, Xom Chieu and Vinh Hoi.
This change is an administrative decision to streamline the apparatus and optimize management for substandard areas and is also a strategic move. With its location inheriting the central area of the old District 4, Khanh Hoi Ward promises to soon become a dynamic new center, with strong investment in infrastructure and increasingly improving people’s lives.
2. Khanh Hoi Ward was formed from which wards?
Khanh Hoi Ward is a new administrative unit of District 4, formed from the merger of 5 old wards. Specifically, the new ward includes the entire area of Wards 8, 9, 15 and part of Wards 2, 4. This combination is based on the principle of geographical proximity, similarity in infrastructure and stability of the residential community, creating a foundation for synchronous development.
| Ward | Area | Population |
| Ward 8 | 0.1592 km² | 17,048 people |
| Ward 9 | 0.1172 km² | 10,280 people |
| Ward 15 | 0.2157 km² | 13,767 people |
| Ward 2 (partially) | 0.356 km² | 17,039 people |
| Ward 4 (partially) | 0.2889 km² | 17,038 people |
| Total | 1.07 km² | 94,507 people |
The merger of wards in the old District 4 into Khanh Hoi Ward aims to:
- Streamline the administrative apparatus
- Improve the effectiveness of state management
- Implement Resolution No. 18 of the Central Committee on innovation of the political apparatus, towards effective and flexible operations.
Why is it “Khanh Hoi”? This name isn’t random but was chosen to preserve the “soul” and heritage of the land. Khanh Hoi is closely associated with the process of formation and development of the urban area of South Saigon. This is a symbolic name, easy to recognize and has long-standing traditional values.
Official contact information you need to know:
- Headquarters of the Party Committee – People’s Council – People’s Committee – Vietnam Fatherland Front Committee of Khanh Hoi Ward: 85-87 Tan Vinh, Khanh Hoi Ward, Ho Chi Minh City
- Headquarters of Khanh Hoi Ward Police: 71 Ton Dan, Khanh Hoi Ward, Ho Chi Minh City
See more: Which wards are included in Xom Chieu ward (old District 4)?
3. What is outstanding about Khanh Hoi Ward in terms of geographical location and connecting infrastructure?
After the merger, Khanh Hoi Ward owns a strategic location, directly connecting with the wards of the old District 1 through Ben Nghe Canal. This prime location helps the ward become an important commercial and urban connection area, especially for businesses, real estate investors and real estate buyers.
The administrative boundaries of Khanh Hoi Ward are:
- North: Bordering the old District 1 through Ben Nghe Canal
- East: Bordering Vinh Hoi Ward
- West and South: Bordering Xom Chieu Ward, Te Canal and Ong Lanh Canal
Khanh Hoi Ward concentrates many major routes, playing a key role in the traffic network of District 4. Typical routes include:
- Nguyen Tat Thanh: The backbone along the Saigon River, connecting from Khanh Hoi Bridge to Tan Thuan Bridge, convenient for transportation and trade.
- Hoang Dieu: One of the busiest routes in the area, playing the role of a commercial and service center.
- Khanh Hoi: The street named after the ward, connecting from Calmette Bridge to the People’s Committee headquarters and traditional residential areas.
- Vinh Hoi: Running through the old residential area, connecting with Nguyen Tat Thanh and Hoang Dieu, is an important residential route.
- Doan Van Bo: An important axis connecting the western wards, connecting Nguyen Tat Thanh with Ton Dan.
- Ton Dan: A large residential street, leading to crowded alley clusters, is the backbone connecting the inner area.
The synchronous and diverse traffic infrastructure system helps Khanh Hoi ward to connect easily. Thanks to that, this area is being chosen by many businesses as offices and residents looking to buy long-term housing thanks to its convenience, modernity and quick connection to the city center.
4. Real estate potential of Khanh Hoi ward after merger
With a new, transparent planning map and a more strategic vision, Khanh Hoi ward is quickly becoming a “golden coordinate” sought after by sophisticated investors and real buyers. So, what are the key factors that are turning this place into a hot spot in the market?
4.1. Impact of new planning on real estate values
According to information from the Ho Chi Minh City People’s Committee, after the merger, Khanh Hoi ward has a total area of 1.07 km² with more than 94,000 residents. This event has created a unified administrative area with clear planning and legality, thereby increasing the confidence of both buyers and investors.
In fact, the average land price on routes such as Nguyen Tat Thanh, Hoang Dieu, Ton Dan, … has recorded a slight increase of 5-10%, especially for products with long-standing red books and transparent legality. The market has begun to see transactions of hunting for townhouses, old apartments or small plots of land to anticipate the potential for price increases.
4.2. Opportunities for investors and home buyers
The transformation of Khanh Hoi ward is opening up attractive opportunities for many different subjects:
- For real buyers: This is the golden time to look for old apartments with clear legal status at “affordable” prices. You can enjoy all the benefits of a central area while having a legally secure asset.
- For investors for rent: The demand for rental housing from office workers in the old District 1 and foreign experts is extremely large and stable. Investing in an apartment or townhouse in Khanh Hoi for rent can bring in attractive monthly cash flow and also promises potential for long-term capital appreciation.
- Long-term vision: In the context of increasingly scarce land funds, Khanh Hoi ward with its large area after the merger is the “gem” for new development projects. Becoming the center of future development is completely predictable, bringing breakthrough profit opportunities for investors with foresight.
5. List of top 3 office buildings for rent in Khanh Hoi ward, HCMC
Are you looking for a professional office space in Khanh Hoi ward? Tuong Phat Land has selected and introduced 3 buildings for rent at good prices, meeting all sizes and budgets. Let’s explore now!
| Building Name | New Address | Structure | Area (m²) | Building Orientation | Rental Price (USD++) |
| Etown Central Tower | 11 Doan Van Bo, Khanh Hoi Ward | 25 floors + 5 basements | 1,500 | Southwest | 29 – 30 |
| Ree Tower | 09 Doan Van Bo, Khanh Hoi Ward | 20 floors + 3 basements | 880 | South | 22 – 23 |
| Halo Building | 06 Doan Van Bo, Khanh Hoi Ward | 8 floors + 1 basement | 180 | Northeast | From 18 |
With its strategic location and increasingly limited urban land fund, Khanh Hoi Ward is becoming a bright choice for both investment and settlement. Tuong Phat Land will have many more interesting analysis articles ahead for you to follow. Stay tuned for our next articles!
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