Rich areas in Hanoi: West Lake villas, passed down through generations

Hidden behind the green trees, fully enjoying the fresh air of the lake, the West Lake area has long been the living area of ​​the wealthy in Hanoi. West Lake is a place to relax for Hanoians and is also an ideal place for foreigners living and working in Hanoi with hundreds of villas in the West.

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Owns an inherent natural landscape associated with a long history The life of the capital has made the villa area along West Lake more meaningful. Its location right in the center of the capital is very convenient for shopping and entertainment needs. The lake has a large green space convenient services..all create a peaceful, romantic and modern living space. Currently in Vietnam there is no area similar to the West Lake area.

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According to a survey, the villas of the rich here are hundreds of square meters wide. The owners of these hundred-billion houses are mainly Vietnamese and overseas Vietnamese businessmen, while the tenants are often foreigners working in Hanoi. Not only are these villas overwhelmed by their value of tens of billions of dong, they are also designed in a unique style. Restaurant villas with different architectural styles reveal a wealth of luxury. Vuon Dao villa area is the convergence of many tycoons with hundreds of million-dollar luxury villas.

< p class="MsoNormal" style="MARGIN:0 0 0">For example, Bau Kien’s villa is located at the end of alley 27, Xuan Dieu street (Quang An ward, Tay Ho district, Hanoi), standing tall on the edge of West Lake, about 100 meters wide. 500 m2 with 3 fronts covered with beautiful valuable ornamental plants, 100m2 swimming pool, French-style villa… If calculating the market value from about 300 million VND/m2 in the 13ha Tay Ho area, a special place. Where Bau Kien Villa is located, Bau Kien’s 500m2 villa is worth hundreds of billions of dong.

Mrs. Van, owner of a villa of more than 400 square meters in Quang An ward, said that if calculated according to the market value of about 300 million VND/m2, her house would cost up to 120 billion VND. According to Ms. Van, many people are really shocked to know the value of the villas here.

Bau Kien’s villa worth hundreds of billions

Even though the real estate market is cooling down, land prices in the surrounding area The water surface of West Lake still maintains its selling price. The average land price in the West Lake area is about 250 – 400 million VND/m2 depending on location. The area around Phu Tay Ho, the area near Tay Ho District Party Committee, the peach garden area near Lac Long Quan street, Phu Thuong area are of interest to many buyers.

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Since the lakeside road was opened, a new row of luxury adjacent villas close to the lake surface has formed, with immeasurable value. The visible and tangible area of ​​the area around West Lake has increased many times, the highest price reaching 300 – 400 million VND/m2.

West Lake villa costs tens of billions

According to Mr. Binh, representative of a real estate floor in Trung Hoa Nhan Chinh house prices in the West Lake area are inherently expensive. This area is usually only for rich people to buy for their own enjoyment, very few ordinary people can afford to buy for their own living. Real estate prices in this area average about 250 – 300 million VND/m2 but very few transactions.

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Mr. Tran Ngoc Quynh, representing an investor, said that compared to inner-city areas, life around West Lake is quite quiet and fresh, that’s why. The rich always care.

 

“ There is hardly any place in Hanoi with as many trees as Tay Ho, not to mention the expansion of the lakeside road has increased the value of real estate in this area. Rich people choose to live a secluded life under houses with closed gates and surrounding trees,” Mr. Quynh said.

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Lake street frontage houses are priced hundreds of millions of dong per square meter

In fact, there are few areas in Hanoi with a beautiful terrain like West Lake. Since ancient times, Hanoi people have taken West Lake as a standard to form crowded villages to develop craft villages. From there, an area with many rich people in Hanoi was formed, including the Thuy Khue Tu Lien area of ​​Quang An.

In terms of beautiful landscape living environment and central location, West Lake is always ranked top. This is a quiet area near a lake full of trees with fresh air and privacy. Besides, the infrastructure here is very developed with all kinds of entertainment to meet living needs such as hotels, international restaurants, supermarkets, medical care facilities, international schools for all ages… The infrastructure here is very well developed and traffic is convenient from the West Lake area, customers can easily travel to the city center to the airport.

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If we talk about West Lake but don’t talk about the downtown area Spirituality is truly a big shortcoming. Around the lake, in addition to dining and entertainment areas, there are also many ancient temples and pagodas with unique architecture and illustrious reputation.

Hanoi is forming new luxurious urban areas, new residences for the rich. However, in the opinion of architect Nguyen Thanh Tung, it is impossible to have a second West Lake, shimmering with myths and legends – right in the heart of the Capital. “In the middle of the noisy and bustling capital, it is difficult to find a location with a living space “worth living” like the West Lake villa area.” Mr. Tung said.

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According to Duy Anh

VEF