When metro line 1 of Ho Chi Minh City is operational at the end of December, the East will become the center of development, especially projects in locations with leading infrastructure such as Alta Villa.
Central location, at the forefront of metro infrastructure
With a total length of up to 19.7 km, metro line 1 (Ben Thanh - Suoi Tien), the first metro line in the urban transport system development plan of Ho Chi Minh City, will connect key areas such as District 1, Thu Thiem, Thao Dien, Binh Thanh with the eastern area of the city such as Thu Duc and Di An.
When completed and put into commercial operation on December 22, 2024, this metro line will not only significantly improve residents' mobility, contribute to solving traffic congestion, and disperse the inner-city population to the suburbs, but also be a big boost for the real estate market in areas near metro stations.
A study by EfD (Network of Environmental Development Centers) showed that within a radius of less than 3km, real estate values increased by 15%, within a radius of more than 3-5km, they increased by nearly 5%. CBRE data also shows that in Chile, apartment prices increased by 7.9% as soon as the construction of line 4 of the Santiago metro was announced. Real estate prices continued to increase after the construction started and the exact location of the stations. Specifically, apartments within a radius of 200m increased in price by 5.3 - 7.4%, within a radius of 600 - 800m, prices increased by 3.8 - 5%.
Source: https://cafef.vn/metro-so-1-ben-thanh-suoi-tien-pha-hoi-nong-vao-bat-dong-san-thao-dien-188230912094438927.chn
In Hanoi, two metro lines have been put into operation and the goal is to expand the system to 97 km by 2030, continuing to develop to 301 km by 2035. Public transport infrastructure is bringing about big changes to real estate values along metro lines and around stations. For example, apartment prices in Cau Giay district, within a 500m radius of the Nhon - Cau Giay metro line stations, have increased by over 40% within a year (Q3/2023 compared to Q3/2024). In particular, the metro helps surrounding real estate prices increase by 5% -15% compared to the general increase.
Two metro lines in Hanoi contribute to increasing real estate value, especially in areas around stations.
CBRE also commented that when metro line 1 comes into operation, real estate values along the Ben Thanh - Suoi Tien route have the opportunity to grow rapidly as traffic infrastructure is increasingly improved.
Located in the center of the smart TOD urban area The 9 Stellars, Alta Villa is only 480m from metro line 1 station and fully inherits the value of the important commercial connection point of Ho Chi Minh City. This place is not only an ideal place to live but also a sustainable investment opportunity.
While the supply of real estate villas in high-end urban areas is increasingly limited, the value of villas at Alta Villa is expected to increase strongly as the transport infrastructure and utilities in the area continue to be completed. When this metro line comes into operation, residents of Alta Villa will be able to easily travel to key areas in the city, such as District 1 (only 20 minutes), Thu Thiem (20 minutes), and Thao Dien (15 minutes).
Exclusive living standards at 79 unique lake view villas
Limited to only 79 villas, Alta Villa is the only subdivision at The 9 Stellars that owns a beautiful lake view, providing both a classy living space and increasing real estate value over time. Alta Villa is especially suitable for those who seek serenity and peace amidst the hustle and bustle of life.
Alta Villa with sophisticated design combined with green living space
Each villa at Alta Villa is built to international standards, with a modern, sophisticated design full of green space, meeting the "green living" style in harmony with global living trends. Combining an ideal living space, Alta Villa creates a civilized community with a sustainable lifestyle.
Residents at Alta Villa will enjoy a privileged standard of living with high-class internal facilities such as: 1.0 ha resort-standard Clubhouse, serving relaxation and entertainment needs; 50m Olympic swimming pool, 6000m² internal park and 4.5 ha natural lake creating a cool and fresh green space... The large green area from the National Historical - Cultural Park and the adjacent Thu Duc Golf Course also create an ideal space for relaxation and enjoyment for residents.
Perspective of Alta Villa lakeside location at The 9 Stellars
At the same time, as part of the smart TOD urban area The 9 Stellars, Alta Villa fully inherits high-tech utilities such as internal autonomous buses, facial recognition systems and integrated smart lighting to save energy, bringing a comfortable, safe and environmentally friendly living standard.
Owning an attractive investment opportunity with Alta Villa means owning superior finishing quality, commitment to progress and complete legality, guaranteed by the investor SonKim Land, which is known for quality projects such as The Metropole Thu Thiem. In particular, this is the golden time for investors to choose a high-end real estate product, a perfect combination of quality of life and sustainable profit opportunities like Alta Villa.
Source: https://diaoc.nld.com.vn/alta-villa-chuan-song-biet-thu-the-he-moi-tai-tam-diem-ha-tang-metro-1-196241216142054807.htm
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