Great news for Vinhomes, An Khánh, and The Matrix One residents: The “Super Metro” 62,000-billion-VND project is about to begin construction, reducing travel time to the capital’s center.

6.2 Billion USD “Super Metro” Project to Break Ground Soon

The Vice Chairman of the Hanoi People’s Committee recently signed and issued a
decision approving the route and location of the urban railway line No. 5
(Van Cao – Ngoc Khanh – Lang – Hoa Lac section), at a scale of 1/500.

The project will pass through Tay Ho, Ngoc Ha, Giang Vo, Lang, Yen Hoa, Tu
Liem, Dai Mo, Tay Mo, Xuan Phuong wards, and Son Dong, Duong Hoa, An Khanh,
Quoc Oai, Kieu Phu, Tay Phuong, Ha Bang, Yen Xuan, and Hoa Lac communes in
Hanoi.

According to the decision, the main route of the urban railway line No. 5
starts at the intersection of Van Cao and Hoang Hoa Tham streets and ends
at the Thach Binh station (Hoa Lac), with a total length of approximately
39.6 km.

In addition, the project includes two branches connecting to Depot 1 (in Son
Dong and Duong Hoa communes) and Depot 2 (in Hoa Lac commune), with a total
branch length of about 4.8 km.

The entire line will comprise 20 stations, including 6 underground, 3
elevated, and 11 at-grade stations. The stations are mainly arranged along
the Thang Long Boulevard and Hoa Lac – Hoa Binh Expressway.

Notably, many stations will have direct connections to other urban railway
lines, such as lines 2, 3, 4, 6, 7, 8, and Monorail M2, creating a
comprehensive transportation network.

The design of the urban railway line No. 5 features a mixed structure: The
underground section extends from Van Cao through Lieu Giai, Nguyen Chi
Thanh to Tran Duy Hung. The at-grade and elevated sections start after the
National Convention Center, continuing along the Thang Long Boulevard to the
end point in Hoa Lac.

The project includes two main depots. Depot 1 covers an area of 32
hectares and serves line 5 and line 8 (Son Dong – Duong Xa), while also
integrating a railway vehicle assembly workshop. Depot 2 has an area
of 10 hectares and is located in the planning area of Hoa Lac urban area.

Hanoi is expected to commence construction of the metro line 5 on December
19, with a total investment of over 61.9 trillion VND (approximately 6.2
billion USD).

Numerous Large-Scale Projects to Benefit

The urban railway line No. 5 is a cross-city line, connecting the center of
the capital with Hoa Lac, a satellite city of Hanoi, and plays a crucial role
in the capital’s development strategy.

The implementation of metro line 5 will significantly enhance connectivity
between the city center and the western region. Not only will it reduce
travel time and provide convenient transportation for residents, but it is
also expected to act as an infrastructure catalyst, boosting the value of
real estate along the route, especially for projects located near the
stations.

Numerous large-scale urban areas and projects will directly benefit from this
trillion-dollar infrastructure project, including: The Matrix One,
Lumi Hanoi, Vinhomes Green Bay, Splendora, Vinhomes Smart City, Nam An
Khanh, and Thien Duong Bao Son.

Currently, residents of western Hanoi’s apartment buildings and urban areas
mainly travel along the Thang Long Boulevard to reach the city center,
typically taking 30-40 minutes, and even longer during rush hours.

With the operation of metro line 5, this travel time is expected to
significantly decrease, providing convenience for commuting, education, and
accessing central Hanoi’s amenities.

Da Nang’s real estate market shows unusual developments

Although real estate business results in Da Nang showed a slowdown
compared to the previous month, the long-term prospects are still
positive due to strategic location advantages, improving infrastructure,
and large investment inflows.