REAL ESTATE IN WEST LAKE AREA IS CONSTANTLY "INCREASING HEAT"
(Updated: 12/17/2021 2:19:20 PM)
West Lake, Hanoi is increasingly becoming a leading real estate investment hotspot in the capital. Not only is the center of the real estate market in Hanoi, but West Lake real estate in this period has been continuously developing strongly and showing no signs of cooling down.
The current wave of West Lake real estate
Along with the warming of the market, apartments with beautiful locations and especially with river-lake views are becoming more and more trendy and scarce. West Lake real estate projects are really creating a wave of "leaving the city to the river".
According to real estate experts, real estate projects in West Lake are now always highly appreciated by Hanoi home buyers. Many people are bored with the hustle and bustle of the inner city and want to find an open and fresh living space to enjoy life in West Lake.
It seems that recognizing the needs of customers early, real estate projects in West Lake are built in the style of houses combined with green space not only bringing nature into your home but also creating a comfortable atmosphere, and beautiful views for the whole family to enjoy. Therefore, despite having a higher price than many other areas, West Lake real estate is still extremely attractive to customers.
Besides natural advantages, new policies in planning and preserving the urban landscape also make lakeside projects more feverish than ever. Housing works and the construction of high-rise buildings around the lake are strictly controlled. This will ensure the sustainable maintenance of the landscape of the area and clear vision for lakeside housing projects.
Explaining the attraction of Tay Ho real estate
West Lake is the area with the highest real estate value in the capital. The West Lake real estate market is also growing and has strong changes.
Many people have chosen to buy a house in West Lake because this area has modern infrastructure, prime location and convenient transportation. The presence of Vietinbank 68-storey tower is considered as a sign of strong development of the area. West Lake is located right in the western corridor, which is planned to become the new administrative center of Hanoi as well as to form office complexes and commercial centers.
The transport infrastructure of the West Lake area includes: a network of radial roads leading to the inner city, the old town and key roads leading directly to the suburbs. From here, you can comfortably travel into the city center or to suburban locations such as the airport, Van Tri golf course, etc.
In addition, there is a new community of residents, especially foreign experts such as Korea, Japan, the US... coming to work for representative offices and companies based here. Real estate in this area, if seriously invested with good quality, will create many benefits for both investors and owners.
The ideal environment and landscape is also one of the reasons why people choose to buy a house in West Lake. Considered as the "green lung" of the capital, West Lake is the area with the freshest space and the most complete facilities in the whole city.
The West Lake real estate market always has high and stable selling and rental prices. For many years, real estate prices and rentals in the West Lake area have always been stable, even during the housing crisis. This area is still the first choice of foreign tenants.
Real estate around West Lake has a very high value, house prices in the lakeside area only tend to increase, not decrease. In particular, with apartment projects with West Lake view, this price is more stable. On the other hand, Hanoi has approved the West Lake subdivision planning, making the number of projects limited. High demand while scarce supply makes West Lake real estate more expensive.
The West Lake real estate market is more active than ever. The demand to buy houses in West Lake also creates business opportunities for investors. However, besides these advantages, investors also need to avoid risks because the real estate market is constantly changing.
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