5 important driving forces attracting real estate investors towards Thuong Tin

This is the reason why information related to planning and infrastructure in the Thuong Tin area is attracting the attention of many people, especially investors.

Thuong Tin to become a district in 2030

According to Hanoi city planning period 2026-2030, Hanoi will have 3 more districts to become districts including Thanh Oai, Thuong Tin, Me Linh. To accelerate the roadmap to become a district by 2030, Thuong Tin is prioritizing the construction of transport infrastructure and residential areas.

According to the 5-year medium-term public investment plan for 2021-2025 of Thuong district Tin, the total capital expected to be allocated for transportation and infrastructure projects is 3,700 billion VND.

According to experts, when Thuong Tin comes to the district, it will strongly promote the market real estate development. Real estate prices in Thuong Tin have a chance to break out like the story of price increases in real estate markets when Dong Anh, Hoai Duc, Gia Lam prepared to move to the district like a few years ago.

Urban development axis along Ring Road 4

Ring Road 4 in Hanoi city has a length of 58.2km, passing through 7 districts, including: Soc Son, Me Linh, Dan Phuong, Hoai Duc, Thanh Oai, Thuong Tin and Ha Dong. In 2024, Ring Road 4 – Capital Region is one of the key national projects that Hanoi focuses on implementing.

In Thuong Tin district, Ring Road 4 is about 9 km long. ,3 km. Currently, this road is gradually taking shape. On the construction site, machines and workers are busy constructing.

According to a survey by Batdongsan.com.vn, since this road was constructed in Thuong Tin district, land prices have increased. In the area around ring axis 4, it has increased, in some places it increased up to 100 million/m2, double compared to 5 years ago. In the future, when the entire Ring Road 4 is formed and connected, land prices on both sides of the road may increase further.

Highway breakthrough

As the gateway to the south of Hanoi, Thuong Tin welcomes the entire North-South Phap Van – Cau Gie arterial highway and National Highway 1A through. These two routes are considered important joints, a North-South transit roundabout, connecting the South with the Capital and Northern provinces such as Bac Ninh, Hai Phong, Quang Ninh.

Along with other routes On this road, Thuong Tin is making efforts to focus on synchronously deploying many solutions to promote the development of articulated infrastructure. On the morning of December 24, 2023, Thuong Tin simultaneously started construction of a complex of 5 traffic road – technical infrastructure projects at the land use rights auction in Quan So area, Ha Hoi commune with a total area of ​​about 65 hectares. Previously, nearly 19km of the eastern frontage road of Phap Van – Cau Gie expressway passing through Thuong Tin district was also started.

Capital’s 2nd airport

Not only owning Thuong Tin Expressway, it also welcomes the capital’s second airport, which is about to be built. According to the report sent to the City People’s Council for consideration and approval of the Hanoi Capital General Planning Adjustment Project to 2045, with a vision to 2065, the second airport in the Capital region will be located in the southern area of ​​the Northwest Expressway – National Highway axis. 5B between Phap Van – Cau Gie expressway, national highway 1A, North-South high-speed railway, North-South Thong Nhat railway and the southern economic traffic axis.

Experts assess that the capital’s second airport is located right next to Thuong Tin will create economic development momentum for this entire area.

The southern capital city is formed

Specifically according to the Map project to adjust the general planning of Hanoi capital to 2045 with a vision to 2065. In addition to the two western and northern cities previously studied, Hanoi proposes to plan the southern city.

The southern city The South is planned according to the airport urban model, forming a focal point for general transport services by air, railway (national railway, North-South high-speed railway, urban railway), waterway (Red River), road (high Phap Van – Cau Gie expressway, national highway 1, southern axis) will become an important traffic hub of the northern region and the southern gateway urban area of ​​the capital.

Thus, the planned southern area will become a city in the Capital as the southern city. Thuong Tin will be the connection point between the center of the capital and the southern city, an important gateway to the inner city. With a strategic and vital location, Thuong Tin is expected to have strong development opportunities.

From a suburban district with the advantage of developing 11 industrial parks, Thuong Tin is increasingly breaking out as it becomes a center economic development center of the southern region. Infrastructure development will lead to a vibrant real estate market. This is the reason why Thuong Tin real estate is becoming the top destination investment with a long-term growth vision for the new cycle forecast to start in 2024.