Hong Bang Central District - Hai Phong welcomes new supply of commercial townhouses
In the last months of 2024, the real estate market in Hong Bang district - one of the 3 oldest central districts of Hai Phong Port City officially welcomed a new supply of commercial townhouses with the Hong Bang Midtown project.
Real estate potential in the city center
“Port City” Hai Phong is known as the industrial center, the largest seaport in the North and the economic, cultural, medical, educational, scientific, commercial and technological center of the Northeast. In recent years, Hai Phong has witnessed rapid urbanization along with the strong development of industrial parks, seaports and transport infrastructure.
In 2024, Hai Phong will continue to be one of the fastest growing localities in the country with an expected GRDP growth rate of over 10%. FDI inflows will increase by 18% compared to 2023, and the occupancy rate of industrial parks will reach 90%. The increase in the mechanical population due to foreign experts and domestic workers migrating from other provinces to work in industrial parks will increase the demand for housing and commercial services, especially in central areas such as Hong Bang district - the heart of Hai Phong.
 |
| Hoang Van Thu Bridge connects Hong Bang district and Thuy Nguyen new city (Photo source: Haiphong.gov.vn) |
Hong Bang District is one of the three central districts with the longest history of development in Hai Phong, playing the role of a cultural - administrative - economic center with many advantages in development and attracting investment in various industries: industry, trade and services, transportation, seaports. Located on the south bank of the Cam River, the District has a strategic position as a traffic gateway connecting the trade and economy of the Port City through major routes: National Highway 5, National Highway 10, Hung Vuong or Hanoi - Hai Phong Expressway. In addition, in order to meet the development speed, key projects in the district are continuously invested and renovated, including: Bui Vien Avenue connecting the center, Hoang Van Thu Bridge connecting with the new city of Thuy Nguyen, Re River Bridge connecting An Duong District, Binh Bridge connecting with Thuy Nguyen and Quang Ninh Province...
Hong Bang is planned to develop into a smart, civilized, modern district; the economy develops in the direction of service - industry, in which service is the spearhead industry; investment in building the district to complete the criteria of a type I urban area by 2025.
 |
| Hong Bang Midtown project right next to Hung Vuong street, Hong Bang district (Photo source: G5 Invest) |
Hong Bang is also the most densely populated area in the city, with complete infrastructure and a shortage of commercial townhouses due to limited central land. According to research, the value of real estate in Hong Bang district in the central areas along Hung Vuong Street and National Highway 5 has increased by 20-30% in just 3 years. Therefore, owning a property in the "central core" area like Hong Bang district always has a special attraction for real estate investors.
Hong Bang Midtown – New commercial townhouses at the gateway to Hong Bang district
Hong Bang Midtown is a high-end commercial townhouse project invested by Tadugo Consulting & Investment Co., Ltd. and developed by G5 Real Estate Investment and Management Joint Stock Company. Located on Quan Toan 1 Street, Quan Toan Ward, the project has a strategic location right at the gateway to Hong Bang District, the focal point connecting the economic triangle of Hai Phong - Hanoi - Quang Ninh.
The project is located right at the center connecting major industrial parks and seaports of Hai Phong. Accordingly, Hong Bang Midtown is located in the area where Vat Cach port, Nanning port, high-speed ferry terminal to Cat Ba are concentrated... and only 10 minutes to connect to Trang Due Industrial Park, An Duong Industrial Park, Nomura Industrial Park, Nam Cau Kien Industrial Park.
In addition, the project is also located in a densely populated area, surrounded by schools from kindergarten to high school, vocational schools, VMU College (under Maritime University), ward people's committee, Quan Toan market, banks. The super-connected location factor brings great advantages to the project in developing new bustling commercial and entertainment streets in Hong Bang district.
At the same time, the project's location right next to major routes such as National Highway 5, National Highway 10 and Hanoi - Hai Phong Expressway brings outstanding advantages to help residents and investors easily access the flow of trade and potential customers from Hanoi, Quang Ninh and neighboring areas.
Hong Bang Midtown is built on a land area of 12,618.01 m² with a limited commercial townhouse version of only 75 units with areas from 57.97 m² to 108.34 m². In terms of design, the townhouses at Hong Bang Midtown are built with 4.5 floors in a luxurious neoclassical architectural style. The commercial townhouses are arranged with optimal functions for business and residential needs, helping to increase the potential for profit exploitation for the owner.
With a long-term development vision, Hong Bang Midtown promises to become a new commercial and trading center of Hong Bang district, meeting the needs of the rapidly growing real estate market in Hai Phong today. The project not only opens up business opportunities for investors but also brings modern and convenient living space to residents.
Comment (0)