Possessing the unique potential of a satellite city next to Hanoi , Van Giang real estate is entering a new era thanks to a series of infrastructure and traffic planning as well as the local urban development vision.
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| Modern, well-planned urban areas are being built in Van Giang district. |
Potential soon to be discovered
About 15 km southeast of Hoan Kiem district, along with Tu Son city ( Bac Ninh ), Van Giang (Hung Yen) is the satellite city closest to the capital's core, and is the only two localities not belonging to Hanoi planned in the central urban area and surrounding areas.
Not only does it have an advantage in terms of geographical distance, its gateway location helps Van Giang become an important link, connecting the capital and key economic regions of the Red River Delta such as Hung Yen, Hai Duong , Hai Phong, Quang Ninh through key traffic routes, including National Highway 5, Hanoi - Hai Phong Expressway, DT 379, etc. Van Giang also owns a large land fund, natural ecological environment and unique trading culture, ideal to become a home for residents working in Hanoi.
Realizing the potential of this area early, more than 15 years ago, a 500-hectare metropolis chose Van Giang as the land to nurture dreams, with a vision for the next 20 years. At that time, very few people believed that a district in Hung Yen province, with a lifestyle still imbued with the characteristics of a Northern village, could attract tens of thousands of people to live and travel daily between Van Giang and Hanoi. Up to now, Van Giang has 8 large urban development investment projects, with a total planning area of about 2,200 hectares, more than 100 high-rise buildings under construction and to be built, making it the district with the largest number of high-rise buildings in the country.
The rapid urbanization of the capital and a series of transport projects have brought Van Giang closer to Hanoi, the geographical boundaries are gradually blurred, and the population and economic shift is more evident.
Golden time to invest in Van Giang real estate
2024 is an important pivotal year for Van Giang when a series of transport infrastructure projects are implemented and planning goals gradually approach the expected completion date.
Most notably, Me So Bridge - one of the three large bridges across the Red River under the Capital Region Ring Road 4 project, connecting Thuong Tin District (Hanoi) and Van Giang District (Hung Yen Province), with an investment cost of about 4,900 billion VND, will start construction on October 10, 2024 and be completed in 2027.
Also in 2027, the project to build a route connecting cultural heritage, tourism and economic development along the Red River from Thang Long - Pho Hien - Tam Chuc - Bai Dinh - Huong Pagoda... passing through Van Giang district, with a total estimated investment of 9,275 billion VND, will also be completed.
In addition, the Ring Road 3.5 project passing through a series of districts such as Thanh Tri, Ha Dong, Hoai Duc, Bac Tu Liem, Me Linh... and the central area of Van Giang is also being studied and it is expected to build Ngoc Hoi bridge with a total investment of up to 11,700 billion VND.
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| Vaquarius project on DT 379B road - opposite District Party Committee, People's Committee of Van Giang district. |
According to the plan, Van Giang is oriented to become a type III urban area by 2025, a type II city by 2030 and a centrally-run city by 2050. The population by 2030 is forecast to skyrocket to 750,000 people, 6 times higher than the current figure. This figure is 5.8 times higher than the population of Hung Yen city at the same time, estimated at only 128,000 people. The rapid population growth creates "pressure" on the number of houses to increase accordingly to meet the demand.
Thus, in just the next 3 years, Van Giang real estate will continuously receive important driving forces to completely change the appearance of traffic, infrastructure and urban areas, ready to "take off" to become a city in 2030. This is also a rare "golden time" for timely investors to choose superior products in Van Giang.
Vaquarius Project (Legal name: Van Giang New Urban Area) has a scale of 7.3 hectares including 285 low-rise products and a 0.2-hectare high-rise mixed-use building, positioned as the "quintessence of the metropolis" thanks to its location in the Van Giang administrative center. Currently, the project has topped out the first shophouses and opened for sale the last VVIP product fund with a limited quantity.
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