If in 2019-2020 the real estate market of Hanoi is vibrant with large ecological urban areas such as Vinhome Ocean Park and Ecopark in the East, the second half of 2020-2021 will have an event in the Hanoi real estate market. a spectacular shift to the western region with unprecedented large-scale ecological megacities.
According to experts, the shift of the market to the West is strongly supported by the breakthrough in infrastructure development in the western part of the capital over the past 2 years with a series of routes. Important traffic was built, along with two districts Hoai Duc and Dan Phuong preparing to go to district 2020-2025.
INFRASTRUCTURE IN THE WEST CONFIDENTIALITY
In terms of growth rate, the western region is currently the most in Hanoi. Over the past 10 years, this area has been heavily invested in infrastructure, gradually changing and affirming the new center position of the capital.
Major transport infrastructure projects have been formed, contributing to elevating and connecting the West of Hanoi with the city center, such as: Thang Long Avenue, 32 Street, Cat Linh elevated railway - Ha Dong, the radial road to To Huu - Le Van Luong with BRT fast bus ...
Along with that, Hanoi is also speeding up a series of important traffic arteries connecting the entire western region with the city center and surrounding provinces such as ring road 2.5. and 3.5 is under construction.
In particular, the West Lake - Ba Vi axis is about 25km long, with the starting point from the junction of Hoang Quoc Viet street with Pham Van Dong street, the end point is the intersection of Highway 32 with Van Tien Dung street, which is being speeded up. When completed, this route will help the travel distance from Ba Vi to West Ho Tay only half instead of 1.5 hours as currently, promoting the suburban real estate market in Hoai Duc, Dan Phuong, Phu areas. Tho, Son Tay and Ba Vi develop.
Most recently, one of the important infrastructure information that makes the real estate market in the West recently continue to be vibrant is that Hanoi has approved the policy of developing railway line 5 (Van Cao - Ngoc Khanh - Lang). - Hoa Lac). The project has a total estimated investment capital of 65,404 billion VND, the length of the whole route is 38,43 km, completed in 2025.
According to experts, when this railway is officially put into operation, it will create a completely new look, connecting Hoa Lac high-tech park, the entire western axis with the central area of Hanoi, creating driving force to develop the entire real estate market in the western region stretching across districts of Nam Tu Liem, Hoai Duc, Thach That, Quoc Oai ...
REPRESENTATIVE NEW ECOLOGICAL URBANTS
Reality shows that, with the outstanding development of the infrastructure in the west, it has created a strong growth pole for the real estate market here compared to the remaining 3 poles of the South, East and North.
Nearly 10 years ago, large-scale projects were formed along the central axis of Lang - Hoa Lac road, Highway 32. These include Nam An Khanh urban area, Geleximco, Splendora urban area, Kim Chung. Di Trach, Lideco Urban Area ... After a long quiet period, nowadays, when the infrastructure is synchronous, a large number of residents flock to this area to live, creating a new, bustling urban appearance.
Western markets also welcome the presence of new urban areas under construction or phase 2 of existing urban areas. Specifically, Vinhomes Smart City with a scale of more than 280ha has been built with complete infrastructure, the second phase of the Splendora project with an area of up to 100 hectares is also under construction by Phu Long at the end of this year.
Along with residential urban areas, down to the West area with beautiful and attractive landscapes and synchronous transport infrastructure, there are more large-scale ecological urban areas that are planning to welcome. the beginning of the migration wave of the rich Hanoi.
In Phuc Tho, Sunshine Heritage Resort eco-urban area with a scale of more than 200 hectares of Sunshine Group is expected to be launched by the end of 2020. The project is surrounded by 11km of water surface, is a point of intersection. between Red River and Day River in Hanoi. This is a large urban area, a pioneer of 4.0 eco-smart villas in Vietnam.
In addition, two megacities with a scale of nearly 500 hectares in Thach That district or Vinhomes Wonder Park (133 hectares in Dan Phuong) are being deployed by Vingroup. In the future, Xuan Mai Smart City (3,072 ha in the US chapter) of Tan Hoang Minh Group is also expected to launch the market within the next 3 years.
Also benefiting from the infrastructure system in the west of the capital, Xuan Mai and Luong Son (Hoa Binh) are currently welcoming many real estate giants to study and apply for investment policy in a series of urban housing. Thai.
Assessment of the real estate market in the western region of Hanoi has been continuously active recently, Professor Dang Hung Vo, former Deputy Minister of Natural Resources and Environment, said: "In Hanoi, I think, The West has the most potential because of adequate infrastructure, drawing foreign workers working in this area quite crowded, creating a much more bustle than the other three regions. Development of real estate in the West is inevitable because this is a well-planned area.
In the same opinion with Mr. Vo, experts also said that developing urban areas in the peri-urban areas in a sustainable and intelligent direction is a must, not an option. Because in the context of increasingly convenient traffic, moving from suburban districts to the center becomes extremely convenient. Along with that, the polluted air and overloaded central infrastructure cause congestion and stuffiness in the inner city, making many Hanoi people move to the suburbs.
According to Nhip song kinh te
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