Many new projects launched
In early March, in Van Giang town (Van Giang, Hung Yen), the Alluvia City Eco-Gardens Urban Area project officially started construction. It is known that the project has a total area of nearly 200 hectares and a total investment of more than 31,000 billion VND with a construction density of only 16%, implemented in three phases. Alluvia City is divided into many functional subdivisions with main products being townhouses, shophouses, semi-detached villas and semi-detached villas. The area of the products ranges from 90 - 400m2. The project is invested by Xuan Cau Holdings Joint Stock Company.
At the same time in early March, the Majestic City project (My Hao, Hung Yen) was officially launched on the market. The Majestic City My Hao project has an area of 17.198 hectares, including 768 plots of land, including 272 shophouses, 464 townhouses and 32 semi-detached villas; the project still has a high-rise block with 740 apartments and 280 social housing units.
Also in March, in Hung Yen, Masterise Homes officially launched Masteri Trinity Square - a high-rise complex in Vinhomes Ocean Park (Hung Yen). The project has a construction density of only about 18%, reserving most of the area for more than 110 utilities, providing the market with thousands of luxury apartments.
Previously, in February, Bach Giang Investment - Construction Development Joint Stock Company (DCI) also started construction of the Eastern Urban Area of Van Giang district in Long Hung commune (Van Giang, Hung Yen). It is known that the project has a planned area of over 49.9 hectares, meeting about 18,300 residents. Of which, the area for residential land is more than 17 hectares with 3 buildings 39 floors high, land for social housing is about 15,000m2...
In addition to new primary goods, projects that have been opened for sale before in the Ocean City metropolis with component projects Vinhomes Ocean Park 2 and Vinhomes Ocean Park 3 continuing to launch new goods, adding an abundant source of goods to the Hung Yen real estate market at the present stage.
Hung Yen real estate potential
Commenting on the development potential of Hung Yen real estate, Mr. Nguyen Van Dinh - Chairman of the Real Estate Brokers Association said that the liquidity of this market in recent times has been quite good, opening up many opportunities for investors. With many advantages in terms of location, economic speed, FDI attraction and real estate investment, Hung Yen is ranked in the list of outstanding markets of real estate in the North.
Mr. Dinh also noted that in the vibrant Hung Yen market, buyers and real estate investors need to be alert, choose products that suit the financial and legal capacity to ensure investment safety.
Mr. Tran Minh Tien - Director of the One Mount Center for Market Research and Customer Insight said that according to the development plan of the capital and Van Giang (Hung Yen), by 2030, the eastern region is expected to have 1.05 million people, an increase of 39% compared to 2022. These population factors will create great demand for housing and living facilities in the East in the coming time.
In the coming time, the completion of key transport projects such as Ring Road 3.5, Ring Road 4, Me So Bridge, Hong Ha Bridge... will create a big boost for the development of Van Giang. Shortening travel time and convenient traffic connections will attract a large number of people and businesses to invest and live. The appearance of major investors such as Masterise Homes, Vinhomes, CapitaLand, ... and advantages in land fund, systematic planning of transport infrastructure, ... help Van Giang (Hung Yen) have more room for development in the coming years.
