19.07.2022

Real estate market 2022: Trends and potentials

As one of the important trade gateways of Hanoi Capital - with the central location, the arterial traffic axes and the infrastructure are invested synchronously and methodically, the northern area of Hanoi is creating Therefore, there is a constant attraction for the real estate market here.

While the land bank in the south of Hanoi has begun to become limited due to the rapid development in recent years, the area north of the capital is showing great potential. This is an area with many important traffic hubs connecting the capital with the northern provinces such as Bac Ninh, Bac Giang, Hai Duong, Thai Nguyen, Vinh Phuc... Where there are 4 bridge projects across the river. Red river, Duong river, including: Tu Lien bridge, Tran Hung Dao bridge, Duong 2 bridge and Vinh Tuy bridge phase 2.

Especially, most recently, leaders of 5 provinces and cities including: Hanoi, Hung Yen, Bac Ninh, Vinh Phuc and Bac Giang have jointly proposed the Government to quickly deploy Ring Road 4 in the Capital region, with a total dimension about 98km long. In the future, Ring Road 4 will open up many directions for quick trade connections between Hanoi and the surrounding areas, creating a premise to help the real estate market here develop strongly.

Satellite town - real estate in the suburbs welcomes the wave of demand

Currently, the demand for mid-end and affordable housing is very large, home buyers are willing to accept moving 10 to 20km away from the city center to settle in suburban/satellite urban areas. In addition to the "soft" price factor, which is much more affordable than the central area, which is suitable for the affordability of the majority of young people, most of these urban areas have convenient traffic connections, a small living environment more pollution.

Resolution No. 15-NQ/TW dated May 5, 2022 of the Politburo on orientations and tasks to develop Hanoi Capital until 2030, with a vision to 2045 has the content determined to build a direct city. belongs to the capital Hanoi in the north (Dong Anh, Me Linh, Soc Son) and the west (Hoa Lac, Xuan Mai).

Particularly for Hanoi, areas such as Hoai Duc, Dong Anh, Me Linh, etc. are hot spots for real estate growth. Especially in Me Linh area, in the past few years, with developed transport infrastructure, it is convenient to connect with Thang Long - Noi Bai highway and Vo Nguyen Giap avenue through Nhat Tan bridge, especially when the National Assembly just approved the project of ring road 4 passing through the district center, Me Linh has become a hot spot for attracting real estate projects, including the new urban area Thanh Lam - Dai Thinh 2 (HUD - Me Linh). Central) is invested by Housing and Urban Development Investment Corporation (HUD).

HUD with a long history and a well-known brand name in the field of real estate is an advantage to attract investors and customers to put their trust in the project invested by HUD.

It is known that the new urban area project HUD - Me Linh Central located in Thanh Lam and Dai Thinh communes, Me Linh district, Hanoi has been approved by the Hanoi People's Committee, ensuring a synchronous connection between the area. new construction area with projects that have been and are being implemented in the area.