My Dinh Property: Hot Spots Of Hanoi Apartments

2017 is the year marking the great development of Hanoi apartment projects, in which we can not ignore the hot spot is My Dinh area.

Going round the My Dinh bus station, it is not difficult to see a series of Hanoi apartment projects being under construction, which will be handed over later this year or in 2018. This is a good mark of the attraction of property in the west of Hanoi.

My Dinh: There are many advantages to developing the apartment in Hanoi

Five years ago, the Hanoi People’s Committee planned My Dinh area became a new administrative center, which made the real estate prices rise rapidly after only a short time. At the time of fever, the villa land price in the high-end villas My Dinh is up to VND140  million- VND180 million/ sqm.

Many small traders also focus on trading business, building streets, many investors poured into My Dinh to build Hanoi apartment, so that is also busier and more crowded than before.

The area around My Dinh bus station is increasingly crowded and busy

My Dinh also has a great advantage is located near My Dinh bus station, right next to Ring Road 3, Thang Long Avenue, Pham Hung Street, Pham Van Dong. From here, we can easily move to the National Convention Center, Hanoi Museum and major universities such as the University of Education, National University, Institute of Journalism and Propaganda, University Trade without spending too much time.

At present, My Dinh is one of the places where many foreigners and intellectuals live, so the segment of the high-class apartment here is a lot of developers in favor of development.

You can read more information at Vietnam Real Estate Market

My Dinh became the development area of high-end apartment segment

Many projects are ahead of schedule

In the last months of 2017, Hanoi apartment projects in My Dinh area will be expeditiously deployed, mainly mid- and high-end projects priced at VND30 million / sqm or more.

Unlike many projects that have been projected for many years in other areas, My Dinh real estate seems to be going quite well, even many projects are ahead of schedule, typically SSG’s Pearl. Group. Other projects such as PCC1’s My Dinh Plaza 2, FLC Green Home and The Garden Hill of FLC. The Garden Hill project has been finished and is in the finishing stage.

My Dinh faced with prolonged congestion because the transport infrastructure did not meet the development of the apartment system.

Currently, with the development of Hanoi apartment system that most of the high-end apartment segment, My Dinh is considered the most desirable area in the West of the City. However, the land fund for public utilities and transport infrastructure is too little, leading to the phenomenon of congestion occurring frequently, in the immediate future this is still the situation of many areas that we have not yet solved.

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