While many central areas of Hanoi have reached a saturation point, the eastern part of the capital, especially Gia Lam, is experiencing a strong resurgence thanks to infrastructure improvements, most notably the two metro lines, lines 1 and 8, passing through the area.
Metro Line 1, with its main branch Yen Vien – Ngoc Hoi and its secondary branch Gia Lam – Duong Xa, will directly connect Gia Lam to the city center, significantly reducing travel time. In addition, Metro Line 8 , spanning 39km from Son Dong to Duong Xa, will serve as a backbone connecting new urban areas, commercial centers, major traffic junctions, and other metro lines, aiming to complete a comprehensive public transportation system in the capital.
Looking at global trends, real estate in major cities like Bangkok (Thailand), Jakarta (Indonesia), or Tokyo (Japan), where metro systems are well-developed, typically sees price increases of 20-35% after the metro becomes operational, and even higher if integrated urban complexes are developed around the area.
In Vietnam, areas served by metro lines often see a significant increase not only in property value but also in quality of life and investment attraction. Research shows that real estate prices have surged by up to 40% in areas surrounding metro stations in Hanoi and Ho Chi Minh City, depending on distance and metro operation time. According to Savills, in Hanoi, apartment prices within a 500m radius of Cau Giay – Nho Son station increased by over 40% in just one year (Q3 2023 compared to Q3 2024), while areas further from the metro saw increases of only 25–35%, indicating that the metro has boosted prices by an additional 5–15% compared to the overall average. Experts believe this further strengthens the belief that Metro Lines 1 and 8 will be a powerful catalyst, transforming Gia Lam into a development hub attracting investment in eastern Hanoi.
Living in Gia Lam commune, Mr. Le Trung Hieu – an office worker on Giai Phong street – shared: “It takes me almost an hour to get to work every day, and traffic jams are a frequent occurrence. Once the metro is operational, I'm ready to switch to commuting by train daily. It's faster, more convenient, cleaner, free from dust and pollution, and helps me avoid the heat and stress caused by traffic jams .”
Not only existing residents, but also homebuyers appreciate the prospects of East Hanoi. Ms. Tran Thi Ngoc – a customer looking to buy a villa – said:
“I lived in Singapore for 3 years, so I understand the value of living near an MRT line. The Metro is a key factor in determining the value and potential for appreciation of real estate. In Singapore, houses near the MRT always command higher prices and are easier to sell.”
Gia Lam's transformation, with a series of large-scale infrastructure projects such as metro lines 1 and 8, is gradually shaping a dynamic new urban center in eastern Hanoi. In this context, real estate projects with clear legal status, strategic locations, and direct benefits from urban planning are attracting significant interest from both homebuyers and investors.
Eurowindow Twin Parks is strategically located at the heart of connectivity.
Located right in the new administrative center of Gia Lam, the Eurowindow Twin Parks urban area is just a few minutes' drive from Duong Xa metro station. The project has completed all legal procedures and handed over ownership certificates to residents.
Besides its legal advantages and transportation connections, Eurowindow Twin Parks is also located next to the 31-hectare Gia Lam Central Park, considered the "green lung" of the entire area. With its proximity to the metro and the park, the project not only meets the demand for a high-quality living environment but also possesses significant potential for future price appreciation, and is expected to soon become a new "development hub" of the capital city.
A representative of the Eurowindow Twin Parks project developer stated: “Living in the model urban area of Eurowindow Twin Parks, residents enjoy a high-quality living space in the heart of a modern city with a diverse ecosystem of amenities. The project's proximity to the metro line and central park not only enhances the quality of life but also contributes to transforming the urban landscape of East Hanoi.”
According to experts, in the context of a recovering real estate market, buyers are increasingly cautious, prioritizing projects with clear legal status, guaranteed progress, good infrastructure connectivity, and sustainable green space planning. Eurowindow Twin Parks, with these factors, is being likened to a dragon with added wings, fully capitalizing on the biggest infrastructure boosts in East Hanoi.
Source: https://eurowindow-holding.com/metro-don-bay-ha-tang-dua-bat-dong-san-gia-lam-but-pha
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