Recently, the West of the Capital has continuously received strong investment capital from the Government and real estate "giants". Thanks to that, this area has changed dramatically, becoming a "golden" coordinate attracting real estate investors in Hanoi and neighboring provinces.
"Westward" investors anticipate infrastructure breakthrough milestone of the golden growth axis of Tay Thang Long
Recently, the West of the Capital has continuously received strong investment capital from the Government and real estate "giants". Thanks to that, this area has changed dramatically, becoming a "golden" coordinate attracting real estate investors in Hanoi and neighboring provinces.
Milestones that shook the market
On January 15, 2025, the Western real estate market received good news when the People's Committee of Dan Phuong district officially "pressed the button" to start construction of the Tay Thang Long route, from Ring Road 3.5 to Dan Hoai Canal. The project is 5.8 km long, with a total investment of nearly 1,300 billion VND and a construction period of 450 days.
Sharing at the groundbreaking ceremony, Mr. Nguyen Van Duc, Chairman of Dan Phuong District People's Committee said that the invested route together with the sections on Tay Thang Long axis road creates a vital and smooth route connecting from Tay Ho Tay area to Dan Phuong. Further, it connects to Phuc Tho, Son Tay, Ba Vi, connecting inter-regional traffic with the system of framework routes of the capital. This is also a route that contributes to completing the criteria for developing Dan Phuong from a district to a district.
 |
| The groundbreaking ceremony of Tay Thang Long route in Dan Phuong is a "golden" milestone of the area in early 2025. |
The master plan for the construction of Hanoi Capital to 2030 and vision to 2050 also clearly states the important role of Tay Thang Long route in developing the western area of the capital, helping to connect smoothly from Vo Chi Cong street (Tay Ho district) to Son Tay town.
This route is also a development lever for the region when combined with billion-dollar infrastructure, with projects being promoted by authorities at all levels such as Ring Road 3.5 (expected to be completed in 2025); Ring Road 4 (expected to be put into operation in 2027, of which the 6-lane parallel road through Hanoi is expected to be completed in the fourth quarter of 2025); Thuong Cat Bridge, whose construction plan has just been approved; National Highway 32...
This perfect infrastructure picture is the driving force helping Dan Phuong in particular and the western area of Hanoi to develop economically and socially. At the same time, this is also the lever to help the real estate market in the area explode, with milestones of increasing value associated with infrastructure projects.
 |
| Perspective image of Thuong Cat Bridge - a key traffic project in the Northwest region of Hanoi connecting Bac Tu Liem district to Dong Anh district. |
The impact of infrastructure on real estate is even greater in the centrifugal development trend of large cities. According to CBRE, the plan to relocate ministries, agencies and businesses to the West by 2025 and establish satellite cities is expected to further promote the strong development of real estate in this direction.
Ms. Do Thu Hang, Senior Director, Research & Consulting, Savills Hanoi, commented that the West will still be the development center of Hanoi when focusing more on quality, strongly improving traffic infrastructure and landscape to reduce pressure on population and large traffic volume. In addition, real estate products in these areas in particular and Hanoi in general will be increasingly improved.
Strong cash flow into the West of Hanoi
With the strong attraction of the transport infrastructure system, the real estate market in the Western region is increasingly vibrant, attracting a large number of investors "going West" to look for attractive investments, in which Dan Phuong is considered a potential destination.
It is worth mentioning that the closer we get to the milestones of starting and completing trillion-dollar infrastructure projects, the more exciting the search for real estate with good locations and good price increase potential becomes. In particular, projects of reputable investors with strong potential and stable price increase momentum are placed at the top of the search list.
That is also the reason why all attention is focused on Vinhomes Wonder City of investor Vingroup when since the beginning of this year, many brokers and real estate investment groups have started to introduce the project.
Accordingly, Vinhomes Wonder City is built in 4 communes of Tan Hoi, Lien Trung, Tan Lap and Lien Ha, Dan Phuong district. This is a strategic location as it is located at the center of important traffic routes such as Tay Thang Long, National Highway 32, Ring Road 3.5, Ring Road 4, Thuong Cat Bridge...
Mr. Nguyen Kien Cuong, head of a famous real estate transaction office in Hanoi, said that the location is one of the biggest advantages of this project. In particular, this year, the more than 2 km section of Tay Thang Long Avenue connecting Tay Tuu to Vinhomes Wonder City is expected to be completed, shortening the connection time to Tay Ho to only 15 minutes by car.
“In the future, Metro Line 4 will also help Vinhomes Wonder City easily connect around Hanoi. Currently, most investors who contact us are particularly interested in this project. Therefore, in the coming time, this will be the main factor to explode the Western market,” said Mr. Kien Cuong.
Source: https://baodautu.vn/batdongsan/nha-dau-tu-tay-tien-don-dau-cot-moc-dot-pha-ha-tang-cua-truc-tang-truong-vang-tay-thang-long-d249060.html
Comment (0)