Metro – infrastructure lever to help Gia Lam real estate break through

While many central areas of Hanoi have developed to the point of saturation, the East of the capital, especially Gia Lam, is rising strongly thanks to the infrastructure boost, most notably the two metro lines No. 1 and No. 8 passing through the area.

Metro Line 1 with the main branch Yen Vien - Ngoc Hoi and the secondary branch Gia Lam - Duong Xa will connect Gia Lam directly with the city center, helping to shorten travel time. Along with that, Metro Line 8 , 39km long, stretching from Son Dong to Duong Xa, will be the backbone connecting new urban areas, commercial centers, major traffic intersections and other metro lines, towards completing the synchronous public transport system in the Capital.

Metro line No. 1 (Ngoc Hoi - Yen Vien) passes through Gia Lam, the Prime Minister approved the investment policy in 2004, and the last adjustment was in 2017.

Looking at the reality in the world , real estate in big cities such as Bangkok (Thailand), Jakarta (Indonesia) or Tokyo (Japan), where the metro system is developed, often records real estate prices increasing from 20 - 35% after the metro is in operation, and even higher if synchronous urban complexes are formed around.

In Vietnam, areas with 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 increased sharply by up to 40% in areas around metro stations in Hanoi and Ho Chi Minh City, depending on the distance and time of metro operation. According to Savills, in Hanoi, apartment prices within a 500m radius of Cau Giay - Nhon station have increased by over 40% in just one year (Q3/2023 compared to Q3/2024), while areas far from the metro have increased by only 25-35%, showing that the metro has pushed prices up by 5-15% compared to the general level. According to experts, this further strengthens the belief that Metro Lines 1 and 8 will be a strong push to turn Gia Lam into a development center, attracting investment in the East of Hanoi.

Real estate values increase sharply in areas with Metro lines passing through.

Living in Gia Lam commune, Mr. Le Trung Hieu - an office worker working on Giai Phong street - shared: "It takes me nearly 1 hour to go to work every day, traffic jams are a regular occurrence. When the metro is operational, I am ready to switch to going to work by train every day, it is fast, convenient, clean, no dust and pollution, and avoids the heat and stress caused by traffic jams ."

Not only existing residents, home buyers also highly appreciate the prospects of the East of 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 the MRT line. The Metro is a key factor in determining the value and potential for real estate price increase. In Singapore, houses near the MRT always have high prices and are easy to liquidate.”

The transformation of Gia Lam with a series of large-scale infrastructure projects such as metro lines 1 and 8 is gradually shaping a new dynamic urban center in the East of Hanoi. In that context, real estate projects with transparent legal status, strategic locations and direct benefits from planning are attracting great attention from both home buyers and investors.

Eurowindow Twin Parks takes the lead in connecting focal points

Located right in the new administrative center of Gia Lam, Eurowindow Twin Parks urban area is just a few minutes away from Duong Xa metro station. The project has completed legal procedures and handed over pink books to residents.

In addition to the legal and traffic connection advantages, 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 location near the metro and adjacent to the park, the project not only meets the needs of a high-quality living environment but also has clear potential for price increases in the future, and is expected to soon become the new "development pole" of the Capital.

The prime location near the metro and the park helps the Eurowindow Twin Parks project both improve the quality of life and increase sustainable investment value.

The representative of the investor of the Eurowindow Twin Parks project said: “Living in the Eurowindow Twin Parks model urban area, residents can enjoy a quality living space in the heart of a modern urban area with a diverse ecosystem of utilities. The project's location near the metro line and the central park not only improves the quality of life but also contributes to promoting a new urban face for the East of Hanoi.”

According to experts, in the context of the real estate market recovering, buyers are increasingly cautious in choosing projects with clear legal status, guaranteed progress, good infrastructure connections and sustainable green space planning. Eurowindow Twin Parks, with these factors, is being likened to a “dragon with wings” when it fully anticipates the biggest infrastructure boosts in the East of Hanoi.

Source: https://eurowindow-holding.com/metro-don-bay-ha-tang-dua-bat-dong-san-gia-lam-but-pha