In the past 5 years, North Cam River Urban Area has been a key project of Hai Phong with priority investment of up to trillions of VND [...]
Going down from Hoang Van Thu bridge, in front of us is the North Song Cam urban area - where the Hai Phong administrative center will be located in the future.
The project has transformed a large area of formerly rural Thuy Nguyen district separated by rivers into a future urban area, causing land prices to increase "skyrocketingly". Not stopping there, in 2021, Hai Phong continues to propose a roadmap to recognize Thuy Nguyen as a city under Hai Phong city. Facing those changes, Thuy Nguyen real estate continues to have new price increases.
In the early days of the last month of 2021, we contacted Mr. Dao Van Huy - real estate broker expert of An Phu Real Estate, a large unit providing real estate services in Thuy Nguyen district and had a market visit with him to better understand the situation and prices of the subdivisions here.
The most welcome subdivision at the moment is the North Song Cam Resettlement Area in Duong Quan Commune - Thuy Nguyen District, divided into 5 main subdivisions: Areas A, B, C, D and Phase 2 Resettlement. Among them, Area D with a row facing the North River Cam urban area has the highest price up to 100,000,000 /m2; Area C right behind also has a price of 40,000,000 VND/m2; Area A and Ap Chan area (Phase 2 Resettlement Area) also have an average price of 30,000,000 – 35,000,000/m2. With a prime location, products in this area are always sought after by investors because of their high liquidity.
In October and November, 3 auctions took place throughout Thuy Nguyen district with land plots in 4 areas: Quang Minh Green City, Cua Trai Area, Khang Doi and Phu Ninh commune. After the first 3 quarters of 2021, the Thuy Nguyen real estate market continued to have land auctions, which made the Thuy Nguyen real estate market begin to warm up again (the hottest time was the 4th quarter of 2020, when a series of investment information was directed towards Thuy Nguyen, the auctions were extremely exciting).
After a period of market slowdown due to the impact of the Covid-19 epidemic, up to now, Thuy Nguyen real estate has shown signs of "warmth" returning. In 2022, it is expected that a number of large projects will launch such as the Hoang Huy New City project; Starting a series of bridges to help shorten the travel process and connect trade from Thuy Nguyen to central districts and coastal provinces such as Nguyen Trai bridge, Rung bridge, Lai Xuan bridge...; Construction of the city's administrative center and performance center begins; Improving inter-district roads: road 359 phase 2, Mang Nuoc road, road 352; Inter-commune and inter-village road projects have been renovated in the plan to implement commune targets to achieve model new rural areas.
With good signals in the real estate market, it is hoped that in the coming time, Thuy Nguyen will have rapid and strong development steps, aiming to become a city under Hai Phong city in the near future.
Source: thanhphohaiphong.gov.vn
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