Tay Ho real estate - sustainable attraction over time.

West Lake property, the perfect choice of the elite.

According to the assessment of the Housing and Real Estate Market Administration (Ministry of Construction). By region, Tay Ho is still considered as one of the highest value real estate areas, with the most stable liquidity in Hanoi, although the primary supply in this area is not much.

According to many experts, in the coming years, the West Lake area will have a strong growth due to the constantly developing infrastructure, the distance to the ideal center and inheriting good natural conditions. , on one side is the Red River, on the other side is the West Lake "green lung" of the capital.

Infrastructure planning, convenient location and attractive leasing potential are factors that make West Lake real estate always attractive to investors.

Benefit from infrastructure planning

According to the policy to 2030, with a vision to 2050, the western area of ​​Hanoi (including the districts of Nam Tu Liem, My Dinh, Cau Giay, Tay Ho, ...) will welcome a series of headquarters of ministries and agencies, embassies and non-governmental offices. Along with that, the government also promotes infrastructure development when upgrading and expanding a series of arterial roads. Nguyen Hoang Ton Street is being widened with a 60m road connecting the two arterial roads Vo Chi Cong - Pham Van Dong creating a link to help the regional traffic become smooth.

In addition, urban railway No. 2 with a length of 11.5 km from Nam Thang Long to Tran Hung Dao will help residents of the area conveniently move into the old town. Experience in cities with the highest real estate prices in the world shows that real estate products located near urban railways will certainly increase over time.

 

Feng shui location

West Lake area is only 15 minutes from the city center. From here, people easily travel on major roads: Vo Chi Cong, Nguyen Hoang Ton, Pham Van Dong have just conveniently moved to Noi Bai airport, North Thang Long industrial park or old quarter.

With more than 500 hectares of natural water surface, West Lake is a quiet area with lots of trees, low construction density and fresh, cool air. With the speed of urbanization and the overload of inner-city areas, housing projects near West Lake are considered to be the ideal choice.

One of the factors that helps the West Lake real estate increase its value is the feng shui position that means prosperity. According to the research of feng shui experts, this place possesses a vein of dragon, the earth "dragon flanking tiger" of Thang Long - Hanoi, where the vitality condenses and has auspicious elements considered to be the most beautiful. Hanoi.

Rental potential

With the planning of infrastructure as well as beautiful terrain, West Lake real estate has attracted investors. Some real estate experts said that the market absorption in real estate projects and the profit margin for apartments in Tay Ho district were always the highest in Hanoi. Tay Ho district, which is always considered to be the region with the highest rental rate of apartments up to 5.5% / year.

In particular, the West Lake real estate attracts foreign visitors because it is the place where the offices and offices of many foreign businesses are established, forming a community of foreigners living and working. According to statistics, Tay Ho district currently has 1,700 households renting a house to foreigners, the number of foreigners permanently staying in the area is more than 4,000 people.