Hoa Lac real estate market accelerates to capitalize on Metro Line 5.

The Hoa Lac real estate market is bustling ahead of the commencement of construction on Metro Line 5 Hoa Lac - Van Cao. Liquidity in central areas or along the Metro line has surged, especially in compound projects with all-in-one amenities, leading the TOD (Transit-Oriented Development) urban trend.

Land prices are setting a new benchmark based on infrastructure development signals.

On December 19th, Hanoi will begin construction on a series of large-scale infrastructure and urban projects, ranging from transportation infrastructure and urban renovation to major new development projects.

In the transportation infrastructure group, the largest project is the Van Cao – Hoa Lac urban railway line No. 5, with a total investment of nearly 74,000 billion VND.

Reportedly, Metro Line 5 will be constructed by Pacific Construction Group with a commitment to completing it "faster than expected".

Along with the existing Ring Road 4 and Thang Long Boulevard, Metro Line 5 promises to be an infrastructure boost, opening up opportunities for urban development, high-tech industries, education , and science in the western part of Hanoi.

Metro Line 5 has a total length of 38.43 km, including 6.5 km underground, 2 km elevated, and nearly 30 km at ground level, connecting 21 stations. - Photo: KITA Group

Positive signals regarding infrastructure have directly impacted the regional real estate market. A field survey conducted by reporters in the Hoa Lac center and areas along Metro Line 5 shows that land prices have slightly increased and liquidity is better than at the beginning of 2025. Several new projects in Yen Xuan and Phu Cat are experiencing demand exceeding supply, with real estate agencies reporting a high number of investors and homebuyers registering early to reserve plots, awaiting official launches, resulting in positive booking rates. In some areas, local residents still have land to sell but tend to hold onto it, believing that prices will continue to rise.

According to Ms. Nguyen Hang, an experienced sales expert in the Hoa Lac land plot segment, real estate along the Metro line, which is being planned as the administrative center of West Hanoi, will establish a new price level. “In the last 5 years, land prices in central areas like Yen Xuan, Tien Xuan, Phu Cat, and Binh Yen have all been on an upward trend, with some areas increasing by 300-400%, and there is still room for further price increases because prices are still low compared to areas within the Ring Road 3 and Ring Road 4, while the demand for housing is constantly increasing, with a planned population of up to 60,000 by 2030.”

Buyers are choosing carefully selected TOD (Transit-Oriented Development) cities with all-in-one amenities.

According to Ms. Nguyen Hang, one of the factors making Hoa Lac real estate attractive is its low price. Investors in the Binh Yen - Hoa Lac area, who bought at only 10-15 million VND/m² in 2020, are now riding the Metro wave to "capitalize" on profits at 45-50 million VND/m².

Despite price increases exceeding 300% and significant potential for further growth, the appeal of "speculative" properties is showing signs of decline. Buyers are currently cautious, recognizing that prices are approaching a high threshold, while internal infrastructure in some areas has not improved compared to 2020.

Land prices in Hoa Lac are attractive, only one-third of those in suburban areas of Hanoi - Photo: Grand M

"Buyer preferences have changed compared to five years ago. The mentality of buying cheap land and leaving it vacant is gone. Buyers now only care about projects with ready-made infrastructure and all-in-one amenities that can be lived in immediately, or even if not yet occupied, can be exploited for rental income, rather than leaving the land undeveloped. Therefore, projects that are planned and developed comprehensively in terms of living space, infrastructure, and amenities will be trusted and receive attention," shared Ms. Hang.

Standing out and pioneering in Hoa Lac recently, Hoa Lac Metro City has attracted particular market attention.

The only project positioned as a high-end urban development based on the TOD (Transit-Oriented Development) model - Photo: KITA Group

Spanning 8.3 hectares, Hoa Lac Metro City, developed by KITA Group, leverages the advantageous infrastructure connectivity of the Hoa Lac area, especially the Lang – Hoa Lac expressway, National Highway 21A, and future Metro lines.

The project is comprehensively planned with 192 villas, townhouses, and shophouses, aiming to create an integrated living space that meets both residential needs and establishes a commercial and service ecosystem for the entire area.

According to the master plan, Hoa Lac Metro City focuses on developing internal amenities in an "all-in-one" style, with items such as a community clubhouse, swimming pool, sports area, green parks and a regulating lake, creating an ecological, modern and convenient living environment that is among the best in the region.

The integrated arrangement of living, recreational, and service spaces is expected not only to improve the quality of life for residents but also to contribute to the formation of a new urban highlight in the central Hoa Lac area, amidst the gradual completion of the region's infrastructure.

Experts predict that areas within a 5-minute radius of TOD (Transit-Oriented Development), such as Hoa Lac Metro City, will become "golden development hubs," where commerce, hotels, offices, high-end services, and residential properties converge. International investors prioritize cities with high-speed connectivity because it ensures long-term competitiveness. This is expected to be a driving force behind real estate price increases, improved liquidity, and the shaping of sustainable urban development.

Source: https://congluan.vn/bat-dong-san-hoa-lac-tang-toc-don-song-metro-so-5-10322997.html