On the morning of September 16, the Nam Thang Long – Ciputra urban area was flooded after a heavy and prolonged rain that started at dawn. The entrance road to the Nam Thang Long – Ciputra urban area was deeply flooded, causing difficulties for passing vehicles. (Photo: CDCC)
Water levels reached halfway up car wheels. (Photo: CDCC)
Many people jokingly referred to the area as “Ciputra Fishing Village” due to its frequent flooding after rains. (Photo: CDCC)
By the afternoon, the sun was out, but many roads in the urban area remained flooded. (Photo: CDCC)
A resident of Nam Thang Long – Ciputra urban area shared: “The section from the Ciputra gate – the intersection of Pham Van Dong Road often floods after heavy rains. Many inner roads are in a similar situation. Every time it rains heavily, I have to take a day off from work because traveling in the flooded area is very inconvenient, not to mention the traffic jams it causes.” (Photo: CDCC)
Another resident shared: “Even though the sun was out all day, the water hasn’t receded, and now it’s raining again. I’m afraid that tomorrow, we’ll still be facing a vast expanse of water.” (Photo: CDCC)
At around 6 pm, dark clouds gathered, and it started raining again. Residents worried that the Nam Thang Long – Ciputra urban area would once again be submerged. (Photo: CDCC)
According to surveys on online real estate trading websites, the asking price for villas in the Ciputra urban area ranges from 300 to 400 million VND per square meter, depending on location and area. Many large corner villas are listed for sale at nearly 200 billion VND. Apartment prices in the area also fluctuate between 70 and 100 million VND per square meter.
Nam Thang Long Urban Area (commercially known as Ciputra Hanoi) is located in the Tay Ho and Bac Tu Liem districts, spanning over 300 hectares. It is developed by the Nam Thang Long Urban Development Company, a joint venture between the Urban Infrastructure Development and Investment Corporation (UDIC) and the Ciputra Group (Indonesia). This project was the largest foreign-invested real estate project in Vietnam before 2007, with a registered investment capital of up to 2.11 billion USD.
The Ciputra Urban Area was inaugurated in 2002. According to the plan, the project includes 50 high-rise buildings, 2,500 low-rise houses (villas), and complexes of offices, shopping centers, and entertainment areas, along with Ciputra Mall, hospitals, schools, and various community health care and entertainment services.
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