The Van Cao - Hoa Lac urban railway line No. 5 with an investment capital of VND 65,404 billion is expected to be started by Hanoi in 2025.
Although it was not expected, immediately after this information was released, many investors began to return to hot spots.
The return of investors with strong cash flow is causing the land market in some areas expected to have urban railway line No. 5 to heat up, typically Thach That and Quoc Oai.
Mr. Dang Ngoc Tuan (48 years old, in Ha Dong, Hanoi) said that in mid-February 2025, he successfully sold 5 plots of land in Bac Ninh, Bac Giang, earning more than 12 billion VND.
After paying off the bank debt, Mr. Tuan still has more than 7 billion VND left to invest. When he learned about the urban railway line No. 5 Van Cao - Hoa Lac, Mr. Tuan proactively went to this area to buy land.
Through research, Mr. Tuan has localized two lots for more than 6 billion VND. "I chose two lots in this area that are both near Hanoi and ahead of the planning of the railway line, hopefully when there is official information, the price will increase" - Mr. Tuan shared.
Talking about the decision to "sell" all land in the province to buy Hoa Lac land, Mr. Tuan said that this is an option that has been calculated for a long time, not a showdown.
Sharing with Lao Dong reporter, Mr. Nguyen Trong Dung - Head of Gia Bao Real Estate Brokers Office (in Quoc Oai district, Hanoi) - shared that after a period of stagnation, recently, information about the urban railway line No. 5 Van Cao - Hoa Lac has made many investors return to this market.
According to Mr. Dung, in just the past month, his office has continuously welcomed investors coming to ask to buy land in the Thach That and Quoc Oai areas. Most are interested in the 3-5 billion VND/plot segment, located in a favorable location, close to the urban railway line.
Research by Lao Dong reporters also shows that since before Tet 2025, Hoa Lac land has had many adjustments. Typically, a 65m2 plot of land in Tan Xa commune, Thach That district at the end of 2024 was advertised by a broker for 26 million VND/m2. Meanwhile, up to now, the broker has advertised 28.5 million VND/m2.
Similarly, in Hoa Thach commune, Quoc Oai district, plots of land with an area of about 60-100m2 are being advertised by brokers for 26-30 million VND/m2 depending on the location. Meanwhile, the general price in 2024 is about 20-25 million VND/m2 depending on the location.
Mr. Nguyen Quang Huy - CEO of the Faculty of Banking and Finance, Nguyen Trai University - said that the Hoa Lac area is currently one of the hot spots in the residential real estate segment due to the development of infrastructure.
Up to now, Hoa Lac High-Tech Park has attracted more than 100 investment projects of domestic and foreign corporations to implement construction.
In addition to universities such as FPT and Hanoi National University, many commercial centers, factories, and technical centers have also been invested in and built in Hoa Lac, attracting tens of thousands of workers, scientists, etc., thereby increasing the demand for rental apartments and boarding houses.
However, many experts also note that investors, especially "hamstrings", need to be careful because the market at the present time has many potential risks, especially in terms of liquidity.
