The real estate market in the West has become more active in recent years and has changed a new face.
The West area is receiving the attention of crowded clients and big investors with its huge potential in the real estate field. This area has gradually changed a new look and unique.
Western real estate is attracting special attention of Hanoi market
By 2016, the real estate market in Hanoi tends to grow at an average quarterly rate of about 13%. Especially in the western part of the capital with an absorption rate of 35%. Moreover, in the second half of 2016, there were about 22,000 apartments from 41 different projects being sold, concentrated in the districts of Nam Tu Liem, Northern Tu Liem, Cau Giay and Thanh Xuan.
It can be said, from 2016 to now, the real estate market in the West has always been attracting special attention of the Hanoi market. Namely, Vingroup is the first project of Vingroup Group in the gateway to the West of the capital, Vinhomes Gardenia project in Cau Dien ward, Nam Tu Liem district. This place adjoins and inherits the synchronous infrastructure of My Dinh area. We see that the shift of one of the largest corporations in the real estate market in Vietnam to the western region shows a very positive signal of real estate in this area. All projects in the western region were quickly opened to sell and attracted a lot of market transactions.
Moreover, according to the plan to 2030, the western area from the beltway 4 is identified as the nucleus of the administrative, cultural, medical and educational centers of high quality. . On the other hand, the system of infrastructure is well constructed and land fund is still the main reason that real estate in the West will continue leading the real estate market in the coming time.
The western side of the lake apartment project is coming
This lakefront development project of Vingroup investor in the West of the capital is located on rare gold land in Cau Giay district, next to the 19ha lake in the new Cau Giay park. 32 hectares. This is considered the largest lake in the capital, the area is 1.6 times more than the Sword Lake. This place will be invested by Vingroup both in terms of infrastructure and 5-star facilities. With the idea of drawing water and blue, Vingroup wants to build a super real estate along the lake with luxury design right in the West of the capital.
Real estate in Thanh Xuan area west of Hanoi developed strongly
Recently, real estate Thanh Xuan area is gradually warming by a series of high-end apartment projects offered here. With the location of the main traffic axis and the synchronous infrastructure, Thanh Xuan area becomes the point where many customers choose to work as well as make profit. All projects in Thanh Xuan area – west of the capital are big projects of big investors and also one of main source to attract customers including both investors and customers. There are real needs.
For example, the project of Stellar Garden apartment 35 Le Van Thiem is one of the projects in this area, although newly launched, but still creating a great attraction to customers and investors. Stellar Garden is an apartment complex located at 35 Le Van Thiem street, at the intersection of Nguyen Nhat Kon Tum St., which is located near the Hapulico urban area.
Moreover, the Stellar Garden project at 35 Le Van Thiem is invested by the investor Quang Minh meticulously detailed details from the overall project landscape to the details of the apartment Stellar Garden. And the project was also executed by well-known contractors in the market such as Hoa Binh Corporation and the presence of many leading furniture brands such as ICI paint, Shneider electrical equipment, Bravat sanitary wares, elevator Mitsubishi, PHG Australia … to build and develop Stellar Garden Twin Towers.
In terms of scale, the project is developed on a land area of 6822 sqm with a design consisting of two 30-storey apartment buildings, five of which are commercial and two connected basements. Here, customers will enjoy the convenient services such as commercial centers, restaurants, supermarkets, swimming pools, ….
According to the experts, the real estate market in the West will have a stronger growth, which is worth waiting for customers.
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