New trend of real estate market in Ha Dong

The wave of investment are accruing to the West of Hanoi and expanding intensely down to Ha Dong area. 

Some projects which used to be frozen has been back to the race, new projects are continuously launched in the market, and in that context, and experienced investors begins returning to this used-to-be hot market.

Ha Dong used to be a city before its merger and became a district of Hanoi and Ha Dong used to be the focal point of real estate investor. 

Hundreds of apartments, villas and adjacent projects were constructed in this largest district of the capital, and selling prices also rise sharply before the property market falls into depression several years ago.

The new wave of investment

Recently, Vietnam real estate market has not only recovered but also increased dramatically. Real estate investment is booming, however the most favored area is West of Hanoi, with many projects being or going to be constructed by big developers including Vingroup, Bitexco, TNR Holdings.

In this investment wave, Ha Dong once again attracts attention of real estate investors. Several successful developers as CapitaLand, Hai Phat, Muong Thanh constantly acquire and implement new projects.

In particular, the developer CapitaLand is now constructing Season Avenue right next to Mulberry Lanes. 

After the construction of The Pride is completed, Hai Phat bought and rebuilt the 50-storeys building of Usilk City, simultaneously, spent VND536 billion to purchase 7,200 m2 in Van Phuc village with the goal of developing commercial townhouses.

With its vision of Ha Dong turning into a bustling township in Hanoi, Perdana ParkCity Group has firmly hold on its position and continued to expand its investment. 

This is one of the pioneering foreign investors into Ha Dong with the 77ha ParkCity Hanoi township project strategically located at the conjunction of Le Trong Tan and To Huu roads.

At beginning 2015, ParkCity Hanoi inaugurated its first development phase with 177 villas and townhouses in Nadyne Gardens, the main boulevard and sewage treatment plant completed. 

Thanks to its unique parkhome concept, 177 parkhomes of Nadyne Gardens were quickly sold out and the difference climbed up to over 3 billion dong/unit at times.

Right from the opening sale, caused a fever on real estate market with odds of houses in Nadyne Residence. ParkCity has purification station despite of the price diffrence of VND3 billion.

The next minor dwellings is followed by Evelyne Gardens with 165 adjoining villas, is situated on an area of 4,7ha. These villas and townhouses are conducted on the foundation construction at very fast speed and ParkCity Hanoi achieved a very high sales rate of 75% just after a short time from the launching date.