The Advantages That Make VIC Grand Square an Attractive Proposition in the Market
Located just 70km from Hanoi, a mere 1-hour drive, the upscale VIC Grand Square residential project has attracted not only investors from Phu Tho but also from neighboring provinces such as Hanoi, Vinh Phuc, and Bac Ninh since its launch.
Strategically positioned adjacent to the six-lane Hung Vuong Avenue, the city’s main thoroughfare, the project offers convenient mobility for residents with easy access to all key areas. Its central location in the northern midlands and mountainous region facilitates connections to vital locations such as large industrial parks, key economic zones in the North, and the Noi Bai-Lao Cai highway.
The project is also adjacent to Hung Vuong Square, offering infinite business potential for the owners of VIC Grand Square. The square frequently hosts large-scale events, attracting a multitude of visitors and promoting vibrant commercial activities.
Furthermore, the project boasts a well-planned layout and unique architectural design, featuring the Expert Home product line – apartments designed to the exacting standards of professionals with stringent requirements for living spaces. Besides the prime location advantage, residents will enjoy premium amenities, including a commercial center, swimming pool, gym, sky bar, and more. The Expert Home concept also optimizes rental yield potential with flexible short and long-term rental options, catering to the needs of approximately 14,000 experts and professionals working in Phu Tho. The average rental rate stands at VND 18-20 million per month, making VIC Grand Square a lucrative real estate investment with consistent and continuous returns.
Mr. Nguyen Huu Quyet, an investor from Hanoi, shared his perspective: “With limited capital and soaring apartment prices in the Hanoi metropolitan area, I turned my attention to investment opportunities in neighboring provinces. With its suburban advantages, easy asset management, and a suitable initial investment amount, I believe that VIC Grand Square will provide a steady cash flow for us in the future.”
Investors can own a two-bedroom apartment with an initial investment of just VND 660 million. The remaining amount can be financed with a 0% interest rate for 18 months. Leveraging appropriate financial tools, investors at VIC Grand Square can generate steady profits. The project’s comprehensive advantages have consistently maintained its appeal in the Northern real estate market.
Drawing from his extensive investment experience, Mr. Quyet also highlighted the stability of the rental segment, which is relatively immune to price fluctuations, interest rate variations, and other external factors when compared to other investment avenues. Apartment prices also tend to increase by 5-15% annually, and this rate can be higher when the market is booming, resulting in potential double profits for investors.
The Project’s Appeal Enhanced by the Thriving Phu Tho Market
In addition to the project’s intrinsic strengths, the upside potential of VIC Grand Square is further augmented by external factors unique to the region.
Notably, Viet Tri City (Phu Tho) serves as the administrative hub for the region, housing the regional offices of the State Bank of Vietnam for Region 4, which encompasses six provinces: Vinh Phuc, Phu Tho, Ha Giang, Tuyen Quang, Lao Cai, and Yen Bai. The city is also home to the Region 8 Tax Department, State Treasury, and Social Insurance offices. This central position has established Viet Tri as a magnet for high-caliber human resources and financial and commercial activities.
The presence of these regional administrative bodies attracts a significant number of senior officials, experts, and professionals to reside and work in Viet Tri. This “civil servant, financial, and commercial city” model is poised for explosive growth in the coming years, akin to the development trajectory of Bac Ninh and Vinh Phuc. Consequently, the demand for housing, accommodation services, dining, and entertainment is set to soar, presenting lucrative opportunities for rental or business ventures at VIC Grand Square.
Viet Tri City is also the epicenter of Phu Tho, the cradle of Northern Vietnam’s industry. The province boasts ten industrial parks and 45 industrial clusters, hosting prominent multinational companies such as TNG Garment Manufacturing Group, Samsung, Trina Solar, Hansol, and Myungjin Electronic Vina, alongside a massive workforce of hundreds of thousands of highly skilled professionals with substantial purchasing power and a penchant for shopping, entertainment, and leisure activities.
Viet Tri is witnessing significant investment inflows, catalyzing the growth of the local real estate market.
On March 23, at the event “Returning to the Land of Ancestors – Unlocking Prosperity” held at Muong Thanh Hotel, investors will have the opportunity to delve deeper into the Phu Tho real estate market and explore the investment potential of VIC Grand Square. The event will also include a solemn ceremony of offering incense at Hung Temple, artistic and culinary experiences, and an exclusive announcement of special sales policies for attendees.
Project Details:
VIC Grand Square – Expert Home: Apartments Designed to the Standards of Professionals
Project Development and Consulting: Mei Home
Address: 6th Floor, 30-32 Vu Tuan, Gia Cam, Viet Tri City, Phu Tho Province
Website: https://vicgrandsquare.vn/
Hotline: 1900 8686 10
The Birth of Quang Tri’s Entertainment Hub: Vincom Dong Ha Park
On February 14, 2025, Quang Tri Province officially inaugurated the Vincom Dong Ha Park, spanning over 2.5 hectares. This park introduces state-of-the-art entertainment facilities, a first for the province, promising a revolutionary leisure experience for all visitors.
“The VIC Grand Square: Winner of the Prestigious Southeast Asia Property Awards”
On December 12, at the prestigious Dot Property Southeast Asia Awards 2024 held in Bangkok, Thailand, VIC Grand Square emerged as the winner of the “Best Lifestyle Design Development Southeast Asia 2024” award.
“Not as Vibrant as the 2018-2019 Phase, But the Real Estate Market is Now Experiencing a Strong Price Uptick.”
“It was an honor to have Dr. Nguyen Van Dinh, Vice President of the Vietnam Real Estate Association, grace us with his presence and insights at the event, ‘Discover the Most Livable Project in Viet Tri City,’ held on November 30, 2024. His expertise and knowledge contributed immensely to the success of the event and enlightened all attendees on the latest trends and developments in the real estate landscape of Viet Tri City and beyond.”
The City Boulevard: A Historic Thoroughfare. Once Vietnam’s Longest Street, Boasting Over 3,000 House Numbers and Serving as the Main Artery for a Thriving City of Over 200,000 Inhabitants.
“Once upon a time, Viet Tri City in Phu Tho Province boasted an impressive 15-kilometer-long boulevard, aptly named Hung Vuong Avenue. With over 3,000 house numbers, it was a bustling hub of activity and the longest road of its kind in Vietnam. This vibrant thoroughfare, winding through the city like a lively river, was the pulsating heart of this beautiful riverside urban area.”
Where Will Capital Flow As Hanoi Real Estate Market Faces Saturation?
Land scarcity and increasing prices limit real estate investment opportunities in Hanoi. Therefore, from the end of last year to the beginning of this year, cash flow has shifted to neighboring markets, where real estate is still affordable and has potential for growth.
