Vinh real estate "takes off" thanks to inter-regional infrastructure leverage

Infrastructure projects create a new look for Thanh Vinh

Vinh City has a great advantage in foreign transportation. According to experts, this advantage creates favorable conditions for this locality to become a regional urban center.

With National Highway 1A, the national arterial traffic axis, and a network of National Highways 46, 46B, 46C and provincial roads 535B, 542B, Vinh has the ability to quickly connect with neighboring districts such as Hung Nguyen, Nam Dan, and Do Luong.

Vinh City owns a super-connected traffic infrastructure both inside and outside the province.

The opening of the Nghi Son - Dien Chau expressway, part of the North - South expressway system, has created an important mark in the inter-provincial transport system, helping to shorten the travel time from Vinh City to Hanoi , from 5 hours to about 3.5 hours.

This highway is located adjacent to the city, connecting with National Highway 46, 46B and Dang Thai Mai Street, forming an effective inter-regional traffic network.

The opening of the billion-dollar Vinh - Cua Lo highway marks a new step forward in the development of Vinh urban transport infrastructure. With the largest scale in Nghe An province, this route plays a key role in building an architectural space axis, promoting the expansion of urban planning and creating momentum for the process of merging Vinh - Cua Lo.

Another key project, the Vinh International Airport expansion project, is being actively implemented, with the goal of increasing the capacity to serve 10 million passengers/year by 2030. This is to meet the increasing demand for passengers and cargo. The main items being implemented include expanding the terminal, upgrading the runway and increasing international flight routes.

In particular, the North-South high-speed railway project, once completed, is expected to shorten the travel time from Nghe An to Hanoi to about 1 hour, creating a great driving force for the socio -economic development of Vinh city.

According to the plan, the station is expected to be located in Vinh city, in the area between the expressway and Vinh bypass, connecting with key traffic routes such as 72m road and National Highway 46. The project was approved by the 15th National Assembly for investment at the end of last year.

Nghe An - Hanoi: Expected to travel in just 1 hour with the North-South high-speed railway (Illustration photo)

Vinh City is gradually being built to become a core urban area, playing the role of an economic and cultural center promoting the development of the entire North Central region.

According to experts, the synchronous development of a series of key transport infrastructure projects has created momentum for the Vinh City real estate market to grow significantly. Real estate prices in the central and suburban areas have increased by 15-20% over the past year and are expected to continue this upward trend in the coming time.

Vinh real estate welcomes infrastructure "wave"

Thanks to the strong investment in inter-regional transport infrastructure, Vinh City has attracted the attention of many real estate giants. The participation of large corporations is bringing about a “transformation” to the appearance of Vinh City with modern, well-planned real estate projects.

Typically, at the end of February, the People's Committee of Nghe An province decided to hand over land to a member company of Eurowindow Holding to implement an urban area project right in the center of Vinh city in Dong Vinh and Cua Nam wards.

This project has a total investment of more than 4,000 billion VND, a scale of nearly 40 hectares, planned according to a green and healthy lifestyle, including the first and largest Olympic sports park in Vinh city with a scale of more than 20,000m2 (2 hectares), gathering more than 20 indoor and outdoor sports, owning a standard golf course, nearly 4 hectares of green space, 7 parks, gardens with tens of thousands of flowers, shade trees and 88 internal facilities...

The project has a "super" connected location, only 1km from Vinh station; Vinh market and GO! Vinh supermarket 2km. Quick connection to Vinh - Cua Lo boulevard, National Highway 46A to Nam Dan, North - South expressway, seaport and airport.

This is a key area with many important routes, including the intersection between the North-South Expressway and National Highway 46, along with Vinh Station (planned) on the North-South high-speed railway. According to experts, the location of this project represents the potential for price increases in the area thanks to existing infrastructure factors and preparations for completion in the future.

Eurowindow Sport Garden, owned by Eurowindow Sport City, is expected to be a 'magnet' attracting sophisticated investors to Vinh.

In addition, the project location also benefits from close connection with VSIP Nghe An Industrial Park, which gathers a highly skilled workforce and international experts, leading to a great demand for social security and entertainment services.

The emergence of real estate projects adjacent to industrial parks is becoming a popular trend, thanks to the effective utilization of existing infrastructure and preferential investment policies.

The arrival of powerful real estate corporations is activating the process of upgrading real estate in Vinh City, turning it into an attractive destination for investors nationwide. This strongly promotes the city's socio-economic development, while increasing real estate value.

This investment shift is completely reasonable, when traditional markets such as Hanoi, Da Nang, and Ho Chi Minh City are facing land scarcity and high investment costs, while Vinh City possesses all the favorable factors in terms of planning, infrastructure, land fund, and growth potential.

With a synchronous investment in inter-regional transport infrastructure, Vinh City's real estate market is ready for a growth phase, towards a dynamic and potential future.

Source: https://eurowindow-holding.com/bat-dong-san-vinh-cat-canh-nho-don-bay-ha-tang-lien-vung