The bustling commercial street of Do Muoi Avenue in Hai Phong

With a length of nearly 1.6 km, a width of 66 meters, and a planned 10-lane highway, Do Muoi Avenue is establishing itself as the commercial backbone of Hai Phong’s new administrative and political center. From Hoang Van Thu Bridge leading to the old city center to the connection with Nguyen Trai Bridge and the Hanoi-Hai Phong expressway, Do Muoi Avenue holds a strategic and irreplaceable position, connecting the inner city and embracing the wave of development north of Cam River.

Right at the heart of Do Muoi Avenue, the well-planned shophouses at Hoang Huy New City have breathed new life into the street. Do Muoi Avenue is likened to a miniature Wall Street, housing various services, prominent brands, banks, showrooms, and upscale F&B spaces. This type of shophouse showcases a practical commercial model that affirms its status and generates a steady cash flow.

It is not only a residential area for thousands of future residents of Hoang Huy New City but also the focal point for conferences and events in the city. Just a few minutes’ walk away is the new administrative and political center of Hai Phong, where large-scale events such as the Red Phoenix Flower Festival 2024 and 2025 take place. These national-level events, attracting crowds and creating a vibrant atmosphere, have contributed to establishing Do Muoi Avenue as a new commercial hub and a default destination for residents and businesses in the region.

Notably, Do Muoi Avenue is also home to the headquarters of city-level government agencies, large public and private office blocks, and a regional-scale performing arts center. The convergence of three forms: residents, administration, and cultural festivals, has created a multi-layered consumer ecosystem, resulting in a bustling commercial hub and a default destination for the new urban residents, civil servants, and the business community in the area.

It is no exaggeration to say that Do Muoi Street is following the development trajectory of famous commercial axes in Hai Phong such as Tran Nguyen Han, the financial capital, Cau Dat, the street of gold and silver, fashion, or Lach Tray, the commercial axis associated with sports and cultural life. Do Muoi Avenue is transforming from a planned transportation route into a true commercial street. Moreover, this street is establishing itself as a bustling commercial hub, contributing to the completion of the urban entity.

Hoang Huy New City’s Shophouses: A Vision for Steady Cash Flow

It is no coincidence that the shophouses on Do Muoi Avenue in Hoang Huy New City are highly anticipated by investors. With a strategic location and a flexible five-story commercial design, each shophouse on this street offers the potential to unlock multiple values, from operations, leasing to long-term accumulation.

Shophouses along Do Muoi Avenue attract investors. (Photo: Hoang Huy)

Assuming a practical operational context, the first floor could be ideal for developing cafes, convenience stores, showrooms, and other high-demand businesses typically found in bustling commercial streets. The second floor could be considered for small office rentals, educational centers, or beauty services. The upper floors, from the third to the fifth, offer the possibility of arranging residential apartments, workspaces, or actual living spaces to cater to diverse needs. Each floor represents a function, and each space generates a cash flow, making this product unique in the eyes of investors.

In addition to the exploitation factor, the design of two fronts and two separate entrances provides rare flexibility: a vibrant front facing Do Muoi Avenue and a quiet rear with a private entrance, a mini garden, or a separate living space like a street villa. If the usage equation is calculated reasonably, a “business in front, live in the back” model can be formed, a unique combination of shophouse and street villa.

With its location, planning, spacious commercial area, and the growing community of residents, the shophouses on Do Muoi Avenue will be one of the prominent real estate products in generating steady cash flow.

HOANG HUY NEW CITY

Address: Hoang Huy New City Urban Area, Thuy Nguyen, Hai Phong.

Hotline: 096 693 66 66

Website: https://hoanghuy-newcity.vn/

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