Hanoi: Eastern infrastructure creates momentum for real estate market to 'take off'

Infrastructure becomes the "support" of the multi-center capital model

Historically, the east of Hanoi used to be a “sleeping land” on the other side of the Red River. However, since the 1998 planning and the establishment of Long Bien district in the 2000s, this place has entered a breakthrough era.

Over the past two decades, with the goal of promoting urban growth and solving the population problem, infrastructure in the eastern region has been heavily invested in, especially key traffic projects, thereby creating a spillover effect, creating opportunities to expand economic and social activities.

Notably, according to the Capital Transport Planning to 2030, with a vision to 2050, in addition to the 8 current bridges, the east of Hanoi will invest in 10 more large bridges crossing the Red River such as: Van Phuc, Hong Ha, Thuong Cat, New Thang Long, Tu Lien,...

Design plan for Thuong Cat Bridge. Source: Hanoi City Traffic Construction Investment Project Management Board

According to Architect Bui Dinh Truong, urban planning expert, Director of Vietnam Architecture Consulting Company: “The construction of these bridges is not only to close and create connections between the belts but also plays an important role in opening up more directions for urban development of Hanoi to the east according to the multi-center model. This is also considered the foundation for the city to create a breakthrough “Red River Miracle” of the 21st century”.

In the future, the eastern infrastructure will be upgraded by 8 Metro railway lines with 2 Metro lines 8 and Metro 1 going directly through Gia Lam district. In particular, the regional connectivity is constantly expanding with key routes such as National Highway 5A, 5B (Hanoi - Hai Phong Expressway) and Ring Road 4 connecting the capital with key economic regions of the North.

In addition to the advantage of connecting infrastructure, the overall planning and quality internal facilities are also essential factors to help elevate the real estate project in the eastern area. Illustrative perspective image

According to Architect Nguyen Xuan Anh - National Institute of Urban and Rural Planning, the future of an "Inner City Core 2" is right in the east of Hanoi. He predicts that this area will become the center of activities of large enterprises, trade and finance at the regional, national and international levels, and at the same time a gathering place for intellectuals and leading economic and financial corporations.

The Senique Hanoi: A "full essence" highlight in the heart of the eastern region
From macro strategies to gradually taking shape of state infrastructure projects, the eastern part of Hanoi is becoming a bright spot in the capital's real estate picture when possessing distinct advantages of large land funds and the existence of many established bustling urban areas.

According to Batdongsan.com.vn, the Hanoi market and the eastern region are leading in terms of interest in the apartment type, with a growth rate of 6-7% compared to the second quarter of 2024. Faced with this potential, many real estate "giants" have taken strategic steps, including Asia's leading trusted real estate developer - CapitaLand Development (CLD).

The Senique Hanoi – CLD’s latest project in the East, following the success of Heritage West Lake and Lumi Hanoi in the West. Project perspective photo: CapitaLand Development

In the east of the capital, CapitaLand Development launched the closed high-rise project The Senique Hanoi with 2 subdivisions The Senique I & II and The Senique Premier. The project is conveniently connected to the Hanoi - Hai Phong highway, 30 minutes from the financial center and 40 minutes from Noi Bai International Airport.

The Senique Hanoi promises to bring a living space where East meets West with unique architectural highlights. Project perspective photo: CapitaLand Development

The project offers customers a variety of product types, from one-bedroom apartments optimized for singles and young couples, to spacious four-bedroom apartments for multi-generational families. In addition, the “limited edition” duplex and penthouse apartments with an area of ​​up to 430m² are the ideal choice for elite homeowners.

Duplex apartment at VPBH & Model Apartment The Senique Hanoi, providing a more intuitive view of the owner's living manifesto that harmonizes all senses. Project perspective photo: CapitaLand Development

Contributing to shaping a new look for the eastern horizon of Hanoi, The Senique Hanoi project brings a living space that blends East and West, between modern and classic while preserving local cultural values. Becoming a clear demonstration of the strong transformation of the area, The Senique Hanoi promises to be an ideal home for the elite community.

The Senique Hanoi is a unique work of art that marks the “East-West” right in the heart of the capital. With a collection of more than 100 diverse outdoor and indoor facilities, this place promises to bring unique and trendy experiences, fully meeting the needs of all ages and personalities.

Website: www.theseniquehanoi.com

Hotline: 1800 400 088

The Senique Hanoi – Full of essence

Huynh Nhu

Source: https://vietnamnet.vn/ha-noi-ha-tang-khu-dong-tao-da-cho-thi-truong-bat-dong-san-cat-canh-2357211.html