☀ Although the average secondary market price in the third quarter decreased by 3.3%, Long Bien remained in three districts with real estate increased by 0.4% – 4% compared to last quarter (CBRE report). This information coincides with the time the Department of Planning and Investment of Hanoi announced the planning of building four new bridges across the Red River and the Duong River. By the year 2021, four bridges are expected to be completed, positively impacting real estate in Long Bien district in particular and the East in general.
☀ Demand for real estate in the East will increase sharply as new infrastructure facilitates connection to other central areas of the capital. However, according to CBRE, real estate supply in the East is still limited, only 10% west. Therefore, the development potential of this area is very large.
☀ East Coast Hanoi possesses many golden advantages to develop high-end urban areas for green space. Typical Vinhomes Riverside with canals, lakes, vegetation cover to 70.5ha.An ideal number that few projects in Hanoi have
Owners of Vinhomes Riverside villas, investors will soon receive the rising waves when the real estate in the East is extremely strong attraction by the strength of the infrastructure.