2021-08-11 16:40:00

Son Dong Center - A bright spot for suburban real estate investment

As an inevitable trend of the development of social infrastructure and transportation, satellite real estate in the southwest of Hanoi including Hoai Duc is becoming an ideal market for investors.

Hoai Duc - The promised land for investors

 

Suburban real estate has become the first choice of many investors in recent years. According to experts, investors are looking for suburban projects because Hanoi's regional transport system is increasingly being improved, and these projects are well planned, legally transparent. Projects with red books are always "sold out".

 

Nguyen Van Dinh, Vice chairman of the Vietnam Real Estate Brokers Association, said that while new supply from large projects in Hanoi is increasingly rare, many investors are tends to shift to new markets in suburban districts of Hoai Duc, Dong Anh, Gia Lam and more.

 

Suburban real estate - New taste of investors

 

Assessing the development potential of suburban real estate, many experts said: The bright spot for suburban real estate is still land plots, terraced houses and shophouses. Those are the prominent segments of the real estate market in 2021. The coastal area has tended to increase in price recently, the level of interest is large when the population rises and the housing demand is higher.

 

In fact, the southwestern area of ​​Hanoi has witnessed an increase in prices of all real estate segments, from apartments to shophouses, villas and terraced houses. Assoc. Prof. Dr. Dinh Trong Thinh said that the land fund in this area is relatively large, enough for new projects at reasonable prices for investors who are looking for high profit growth.

 

Hoai Duc is emerging as an attractive market in the eyes of connoisseurs. This district has synchronous infrastructure and a series of key traffic projects that have been and are about to be deployed in time when Hoai Duc switches from a suburban district to urban district in 2022. Ring Road 3.5, extended Hoang Quoc Viet road, provincial road 422 or Road 70 will create a flexible and complete transportation network, helping residents to easily get access to the city center.

 

According to experts' forecasts, Hoai Duc's real estate value in the next 2-3 years will have a remarkable growth index. Especially, the shophouse and terraced house segment is expected to have a selling price difference of 20% - 36%.

 

Son Dong Center - Sustainable profit

 

Located in the southwestern area of ​​Hanoi, Son Dong Center project is deployed by MBLand Invest to create a big "push" in the real estate market here. Son Dong Center owns a prime location in the center of Hoai Duc, attracting investors to the suburban market.

 

Perspective of Son Dong Center project

 

The project is situated on TL 422 and Trinh Van Bo 40m-wide planning road to key areas: My Dinh, Tu Liem, Ha Dong, Dan Phuong , Quoc Oai, just to name a few. The extended Trinh Van Bo street passing through Son Dong Center project makes the transportation convenient.

 

Limited to only 150 shophouses, Son Dong Center owns an attractive and different commercial location compared to other projects in Hoai Duc. This promises to become a busy business center, contributing to changing the appearance of the area. Son Dong Center is the only project in the center of Son Dong Craft Village in a thousand year of its history.

 

In order to foster cultural values ​​for thousands of years, while ensuring the modern and balanced life of future residents, Son Dong Center brings attractive business opportunities. The project is a symbol of the aspirations of the people of Son Dong. As a model project in Hoai Duc, Son Dong Center offers a variety of facilities and clean living standards: land, water, air and noise. According to the developer, this is to ensure a balance between production and business, and create a standard living space for residents of Son Dong and the surrounding area. This is the first synchronous and modern project in Hoai Duc with the red book and transparent legality.

 

According to real estate experts, investing in Son Dong Center helps to anticipate the opportunity to increase prices next year, when the real estate market recovers strongly after the COVID-19 pandemic and Hoai Duc switches from a suburban district to urban district in 2022.