Golden opportunity for the Northeast region of the capital
At the conference “Vietnam Real Estate Market Overview 2024 and Binh Duong Focus” held on September 18, Mr. Nguyen Quoc Anh, Deputy General Director of batdongsan.com.vn, cited actual data confirming that the turning point of the real estate market has appeared. Liquidity has improved, and interest in many segments has recovered.
Not only is demand improving, real estate prices are also on the rise. According to batdongsan.com.vn, in the third quarter, the low-rise market in the North, especially Hung Yen and Hanoi, saw a new wave of price increases. In Hanoi alone, land prices in districts such as Dong Anh increased by 53-90%.
In fact, since the beginning of 2024, investors have shifted their focus to the Northeast of Hanoi - where there is still much untapped potential. The heat of the area has increased as Dong Anh is being promoted to become a district, by early 2025 at the latest. In the future, Dong Anh is planned to become a center of high-tech industry, services, finance, trade and international transactions in the North of the Red River region, playing the role of a driving force for development in the North of the capital.
Assessing the potential of this area, especially in the final period of this year, Mr. Rich Nguyen - real estate investment strategy training expert, founder and operator of Rich Invest said, Dong Anh owns a prime geographical location as it is located at the northeastern gateway of the capital, adjacent to the northern industrial capital of Bac Ninh as well as Noi Bai international airport.
Dong Anh is considered a potential market, where cash flow will converge in the coming time.
In addition to its location advantage, Dong Anh also owns many vital routes connecting the center of the capital with the northern and northeastern provinces, such as the two expressways Nhat Tan - Noi Bai and Hanoi - Thai Nguyen; 5 national highways (QL5, QL3 and 3B, QL23 and 23B); 15 road bridges, including 3 large bridges over the river connecting to the center of Hanoi: Nhat Tan, Thang Long and Dong Tru.
“With its available advantages and potential, Dong Anh has been planned to be located within the boundaries of the northern city of Hanoi, including Soc Son, Me Linh and Dong Anh. In particular, Dong Anh will become a modern economic and financial center, a cultural and historical center of the capital,” Mr. Rich Nguyen shared.
In particular, the heat of this market also comes from a series of important infrastructure projects that have been and are being promoted by Hanoi City. Notably, Tu Lien Bridge connecting to Tay Ho District is expected to start construction in 2024. The new iconic bridge will help shorten the travel time from Dong Anh to the center of Hanoi to only 5 minutes, and at the same time be a strong lever for price increases for the real estate market in the Northeast region.
Tu Lien Bridge, expected to start construction at the end of 2024, will be a strong lever for increasing real estate prices in Dong Anh.
“All of the above potentials, when continued to be implemented in the coming time, will help Dong Anh become a district with the most synchronous and modern planning of the capital ever,” said the founder of Rich Invest.
The "magnet" named Vinhomes Global Gate
In addition to the synchronous infrastructure planning, the factor that helps Dong Anh receive the attention of investors is the appearance of "huge" projects from leading birds in the real estate sector. The most prominent is the Vinhomes Global Gate super urban area.
With a scale of up to 385 hectares, Vinhomes Global Gate is the last Mega City project of the Northeast gateway area of Hanoi, created from international-class pieces.
In particular, the 90ha National Exhibition Center - Top 10 in the world, is considered the driving force to turn Vinhomes Global Gate into a model Expo urban area in Vietnam. Combined with the 5-star hotel complex and Class A offices built next to it, the project will become the center of investment attraction, with the participation of many entrepreneurs, businesses and multinational corporations.
National Exhibition and Convention Center opens up investment potential at Vinhomes Global Gate
To increase the attraction and retain tourists longer, the investor also created a Global Gourmet World Culinary Center with a scale of up to 3.8 hectares and a 3-hectare basement. The delicacies of the world are gathered in the culinary quarters, including Korea, Japan, Indonesia, and Europe, taking visitors on a journey to experience perfect taste in a uniquely designed space, while exploring the diverse culinary cultures of many countries around the world.
Iconic amenities create a classy lifestyle at Vinhomes Global Gate
In addition to its position as a world-class investment and tourism destination, Vinhomes Global Gate also offers a classy living space with an all-in-one ecosystem and a diverse collection of high-end amenities. Among them is the 32-hectare central lake - the largest in the capital, creating a "million dollar" view for the surrounding villas.
Along with that is the Fairyland Park - the largest amusement park in Hanoi designed with a fairy tale theme for young residents. The "Vin family" service ecosystem, such as Vincom, Vinmec, Vinschool... will also be fully present, perfectly meeting all the needs of residents.
The "Vin family" utility ecosystem will fully converge at Vinhomes Global Gate
With its unprecedented scale and stature, Vinhomes Global Gate promises to be a megacity leading the socio-economic development of the region. At the same time, the project will be a lever to help the Dong Anh real estate market break through, in the context of investors "racing" to the Northeast.
PV
Source: https://www.congluan.vn/bat-mach-thi-truong-cuoi-nam-dong-tien-do-manh-ve-khu-dong-bac-ha-noi-post313486.html
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