The South area accelerates with new planning
Hanoi’s real estate market over the past 10 years has mainly developed in the West and then moved to the East and North. Meanwhile, the South area was least mentioned in the Hanoi real estate market during the hot period from 2011 to present. This is also the reason why real estate in the South of Hanoi still has a lot of room for development, especially when this area receives infrastructure breakthroughs in the period 2024-2030, with a vision to 2050.
According to the project to adjust the General Planning of Hanoi Capital until 2045, Hanoi proposes planning for the southern city. The southern urban area is planned according to the airport urban model, forming a focal point for general transport services by air and rail (national railway, North-South high-speed railway, urban railway). ), waterway (Red River), road (Phap Van – Cau Gie expressway, National Highway 1, Southern axis), becoming an important traffic hub of the Northern region, the southern gateway urban area of Thua Thien Hue. dollar.
In particular, the South of Hanoi will witness the acceleration from district to district of Thanh Tri and Thuong Tin districts. Among them, Thanh Tri will become a district in 2025 and Thuong Tin will become a district in the period 2026-2030.
Experts assess that when these two districts become districts, it will strongly promote the development of the real estate market. In particular, real estate prices in Thuong Tin will have a chance to break out stronger than Thanh Tri when it owns a large land fund and the potential to develop the largest industrial park in Hanoi.
Thuong Tin Real Estate has the opportunity to make a strong breakthrough because it owns a large land fund and the potential to develop industrial parks.
In the context of the South area being heavily invested in planning with airports, highways…, Thuong Tin is the area that is attracting the attention of investors. Possessing outstanding industrial real estate potential, in recent years Thuong Tin has only developed in small industrial clusters and developed households, and has not attracted large “eagles” to invest here.
Recently, Hanoi has established four large industrial zones, including the 1/2000 scale zoning plan of Bac Thuong Tin Industrial Park (Lien Phuong, Van Binh, Ninh So and Van Phu communes, Thuong Tin district). ), scale of 112 hectares. Thus, along with 11 existing industrial parks, Thuong Tin will have a new industrial park, creating momentum to become the economic development center of the southern region.
Thuong Tin real estate market – core development in the southern region
The breakthrough in infrastructure in the South with airports, high-speed railways… in the near future is strongly promoting the real estate market in the South to become the most potential growth area in Hanoi. According to investors’ assessments, if 10 years ago was the time for real estate in the West and East areas, then the next 10 years will be the time when real estate in the South will make a breakthrough, when supported by dozens of super projects. The capital’s largest infrastructure.
As the center of the Southern development area, Thuong Tin district is a place with great potential and attraction when it is experiencing strong industrial growth, leading to the need for housing to serve experts and workers. Seeing the strong growth potential and development trend of the real estate market in Thuong Tin, many large real estate businesses have flocked to the locality to build large projects to serve real housing needs, compensating for the shortage. supply for the market here. Among them is the Him Lam branded project, which is Him Lam Thuong Tin.
The appearance of Him Lam Thuong Tin first, followed by other giants and other projects following will create momentum for real estate value growth and contribute to the economic growth process of the region.
The appearance of Him Lam Thuong Tin opens the growth trend of the real estate market here.
Forecasting the development trend of Thuong Tin, experts say that from 2024 onwards, Thuong Tin will be one of Hanoi’s real estate markets with high growth potential. In particular, the housing segment serving industrial zones with large housing demand and low prices will have strong growth opportunities.
“Considering the whole market, Thuong Tin is a rare area of Hanoi that has not been dragged by the recent land fever. However, in the future we will see a clear change, the price level will increase when it falls. The floors are invested as planned. And when the infrastructure is built synchronously, the story of real estate price increase that has happened in the East of Hanoi during the past 5 years will reoccur in the South of Hanoi in the next 5 years. next year,” said Mr. Nguyen Van Dinh – Vice President of Vietnam Real Estate Association.
Where infrastructure accelerates, real estate prices will increase, which is an inevitable rule of the market. The acceleration of infrastructure and great industrial potential will be the driving force for Thuong Tin real estate to become a potential land with the ability to increase prices widely for investors. Therefore, buyers and investors will enjoy “sweet fruits” in the future when participating in the market right from the present time.
