The trend of buying houses outside the city center has appeared in the past few years and are increasingly evident by the success of urban projects such as Ciputra or Ecopark. Home buyers are changing from buying house in crowded city to more spacious and open areas.
Affected by the above trend, the western side of the Red River is emerging as it possess advantages of infrastructure, terrain, as well as civilized community.
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In June, 2016, the municipal authority of Hanoi has submitted to Prime Minister writing document on speeding up the project of urban railway No. 2 in South Thang Long – Tran Hung Dao. It has stated clearly that Hanoi would like the project to commence in 2017 to complete by the end of 2020. This shows Hanoi’s determination to speed up the development of infrastructure in the West of West Lake, especially in the South of Thang Long where is planned to be the new administrative center of the city.
Besides, the Hoang Quoc Viet stretching street is accelerated its progress and promised to connect the West of West Lake and the West area conveniently.
To be benefited from synchronous infrastructure as well as to be the intersection between the former capital and the new center in the west, the West of West Lake converges the key elements of a highlighted future real estate project.
Not only favorable in location, West of West Lake also has the advantage of resident community of the available projects. The area has been considered to be rich, therefore it is particularly well suited to develop high-end real estate projects.
In that context, developers will invest in high-end projects with integrated infrastructure to take advantage its position, including the Sunshine Group with Sunshine City project with an investment capital up to 5,000 billions dong.
With a prime location, located in South Thang Long urban area, next to Ciputra golf course, Sunshine City is assessed to be a high-class product for investors. With 5-star synchronous infrastructure such as helicopter park, sky panorama pool, Sky bar … as well as professional operation management system, this promises to be the destination for investors of the West of West Lake, especially for the premium segment dedicated to the rich.
Sunshine City is a high-end real estate project invested and developed by Sunshine Corporation. Sunshine City is expected to be officially launched by the end of August, 2017 with a profitability commitment to 24% on profit from sub-lease for 3 years.
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