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Signs of a “Core of Prosperity”
Not many people know that Thuy Nguyen is one of the oldest regions of Hai Phong, nestled along the historic Bach Dang River. This area once served as a strong defense line in the northeastern borderlands. Legend has it that Hung King himself came to this land to teach the people how to cultivate rice, grow mulberry trees for sericulture, build boats, weave nets for fishing, and establish a defense line against sea invaders. Thus, the land earned its reputation as a place guarded by a guardian deity, ensuring sustainable livelihoods for its residents to live peacefully and prosperously.
In addition to its historical and spiritual value, Thuy Nguyen’s unique location within a watery quadrangle creates a basin-like formation that gathers auspicious energy. It is surrounded by the Bach Dang River to the north, the Cam River to the south, the Kinh Thay and Han Mau Rivers to the west, and the sea to a part of its east. Discerning investors have flocked to this area, even when Thuy Nguyen was still a raw gem, due to its rare topography. According to ancient feng shui principles, this area possesses a dragon vein that brings good health, wealth, and prosperity, bestowing enduring good fortune upon the entire region.
Notably, the region’s topography, which includes both earthen and limestone mountains, plains, and a dense network of rivers and lakes, is a rare feng shui feature in folk beliefs: “Sơn quản nhân đinh thủy quản tài,” signifying the combination of health and wealth. These natural advantages have also made Thuy Nguyen conducive to the development of diverse industries such as agriculture, industry, handicrafts, aquaculture, and tourism.
Thuy Nguyen boasts a rare topography that brings good fortune to the region.
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According to data from OneHousing, the district’s real estate values increased by approximately 27.6% in the past year and are expected to continue their upward trajectory in the fourth quarter, fueling a land fever that is anticipated to peak in 2025. This surge is partly driven by the irresistible allure of the “core of prosperity,” a testament to the enduring value of this land for long-term investors.
The Planning Puzzle: Preserving the “Core of Prosperity”
Beyond its spiritual significance, the “core of prosperity” in modern architectural science represents the harmonious interplay between space, landscape, and urban planning. This also poses a challenge in terms of conservation, preservation, and leveraging feng shui elements to create sustainable projects that attract investors to explore Thuy Nguyen’s potential.
This is the foremost criterion that Van Phu – Invest considered when creating the Vlasta – Thuy Nguyen project in this ancient land. Marking the company’s first foray into Hai Phong, the 20-year-old developer is constructing a vibrant urban area in the heart of Thuy Nguyen’s trade and cultural hub. In addition to the most luxurious design standards and amenities, the planning of Vlasta – Thuy Nguyen is based on the principle of respecting nature and feng shui, harmoniously integrating it with the region’s geography and landscape. As a result, the project has become a magnet for a prosperous and thriving community in this land of talent and virtue.
In addition to the “core of prosperity,” the emergence of Vlasta – Thuy Nguyen also capitalizes on Thuy Nguyen’s rapid growth to become Hai Phong’s new growth pole. As Thuy Nguyen progresses toward becoming a municipality by 2025, it is envisioned to be the region’s “economic belt of industry and services,” following three models: polycentric, integrated industry, and eco-city. This rough gem is being polished to become a central urban area, an expanded urban zone, balancing urbanization and nature.
With its polycentric planning and synchronized infrastructure, Thuy Nguyen is asserting its superior appeal compared to neighboring areas.
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Transportation infrastructure and socio-economic infrastructure are also propelling Thuy Nguyen’s real estate market to new heights, increasingly asserting its unique and superior value compared to neighboring areas such as Quang Yen, Uong Bi, and Dong Trieu. Several regions, like the Bac Song Cam urban area, are being developed to decongest the old urban core, witnessing skyrocketing prices over the last five years. Several subdivisions are advertised at average prices ranging from 30 to 35 million VND per square meter, with some reaching 100 million VND per square meter.
The Vietnam Real Estate Brokers Association (VARS) highly appreciates the growth potential of land prices in Thuy Nguyen. Many investors predict that Thuy Nguyen’s real estate market is poised for takeoff, awaiting the opportune moment, especially when the area’s infrastructure is completed. This includes the Hoang Van Thu Bridge, which directly connects Hong Bang District with the Bac Song Cam urban area, as well as the under-construction Nguyen Trai and Vu Yen Bridges, which link the VSIP Hai Phong Industrial Park with the Bac Song Cam urban area and Vu Yen Island, respectively.
The Pearl of the East: Unveiling the Hidden Gem of Nhơn Trạch Urban Area
To realize the planning project for the new Nhon Trach urban area, 74 large-scale projects comprising nearly 5,000 hectares of land have been allocated to investors. However, over the past two decades, this area has become a graveyard for real estate investors and earned unsavory nicknames such as “ghost town” and “the big scam of the decade.”
The Housing Act: Governing the Real Estate Market and Social Housing Development
On November 23rd, as part of the 8th Session of the National Assembly, a resolution was passed to “Continue enhancing the effectiveness of policies and laws related to the management of the real estate market and the development of social housing.” This session was presided over by Vice Chairman of the National Assembly, Nguyen Duc Hai.