TOD, TOC: The Inevitable Urban Development Trends
In recent years, the urban development trend of the capital city has shifted significantly towards the TOD (Transit-Oriented Development) and TOC (Transit-Oriented Corridor) models. These models focus on integrating urban growth with public transportation systems, placing public transit infrastructure at the core.
This shift is particularly evident in Hanoi, where the city is accelerating the planning and implementation of numerous ring roads, urban satellite connectors, and metro lines under Decision 519/QĐ-TTg. On this foundation, residential areas, commercial centers, and services are emerging around major transit hubs, transforming Hanoi from a single-core city into a multi-centered metropolis.
In this context, South Hanoi has also become a focal point for TOD and TOC development. The area is witnessing significant investments in transformative infrastructure projects, including the Phap Van – Cau Gie Expressway, Ring Road 3, Ring Road 4, river-crossing bridges, and plans for a second international airport by 2030. Additionally, four strategic metro lines, notably the Ngoc Hoi – Thuong Tin line, are set to connect South Hanoi with the city center and international transport hubs. The activation of these transport routes will drive robust growth in urban, commercial, and service areas along these corridors.
From Infrastructure Advantage to a Southern Gateway Logistics Hub
Located at the heart of South Hanoi, Hong Van Commune (formerly Thuong Tin center) is one of the prime beneficiaries of the capital’s TOD and TOC development wave. The commune sits at the intersection of three vital transport arteries: National Highway 1A, the Phap Van – Cau Gie Expressway, and Ring Road 4. The area is further enhanced by expansion and upgrade projects such as Provincial Road 427, Do Van – Do Dang Road, Dam Viet Tan Road, and Tu Ba Co Road.
Beyond its infrastructure advantages, South Hanoi is a manufacturing hub with numerous industrial zones and hundreds of traditional craft villages. The region also boasts a dense population and a robust labor force, laying a solid foundation for commercial and logistics growth. With these strengths, Hong Van Commune is poised to become a logistics gateway, a trade hub, and a new urban development center in South Hanoi.
Thuong Tin (Former) Real Estate Market Rides the TOD, TOC Wave
The advancement of TOD and TOC is expected to propel the Thuong Tin (former) real estate market into a new growth cycle. As infrastructure becomes more integrated, the influx of production capital, commercial activity, and residents will create a powerful catalyst for the real estate market.
According to Savills research, properties near metro stations command higher sale and rental prices compared to other locations. For instance, in Cau Giay, apartment prices within a 500-meter radius of a metro station increased by 40% in just one year, while areas farther away saw increases of 25% to 35%.
TOD and TOC development serves as a catalyst for the real estate market
In Thuong Tin (former), real estate prices remain reasonable compared to other areas in Hanoi. This is the ideal moment to enter the market as growth drivers become more apparent, offering attractive profit potential for early investors.
Seizing the opportunity as South Hanoi enters a new growth phase, HDMon Villas—a member of the HDMon Holdings ecosystem (a real estate brand with extensive experience in developing modern urban complexes)—is set to launch a commercial and service urban area within a 19-hectare cluster in Hong Van Commune (former Thuong Tin center). Featuring multi-functional low-rise homes and diverse amenities, the project is not only a lucrative investment opportunity but also elevates the quality of life, creating a new thriving center in a region renowned for its rich heritage, academic traditions, and diverse crafts at the southern gateway of Hanoi.
Restoring Land Prices to Their True Market Value
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