Southern Hanoi Experiences a Shortage of Luxury Apartment Supply
In recent years, Southern Hanoi has been emerging as a potential destination for both living and investment. This transformation is driven by a wave of infrastructure investments, including key transportation projects such as the Ring Road 2.5, Nguyen Xien – Xa La axis, the expanded Road 70, and Ring Road 4. These projects not only shorten inter-regional distances but also open up corridors for socio-economic development in the southern region.
Southern Hanoi: A Scarce Supply of Luxury Apartments
Moreover, Southern Hanoi stands out due to its vast land area that has not been extensively developed. This factor has helped maintain an ideal ratio of green spaces and water bodies. Especially with its abundant natural river and lake system, including Linh Dam Lake, Yen So Lake, and Yen Duyên Lake, the area offers a harmonious and eco-friendly living environment, unlocking sustainable development potential in terms of both living and long-term investment value.
Despite its high potential for long-term living and development, the reality is that the Southern Hanoi market is facing a severe shortage of apartments. According to CBRE’s 2024 real estate market report, most of the new supply in the market is concentrated in large urban areas in the East and West of Hanoi, while the supply of apartments in the South accounts for a very low proportion, especially in the luxury segment, which is almost non-existent.
Meanwhile, the demand for luxury apartments with quality living spaces, modern amenities, and ecological factors in Southern Hanoi is on the rise, particularly from young successful residents, experts, and foreigners living and working in the area.
Given this situation, Southern Hanoi urgently needs high-quality products with modern utility systems and luxurious delivery standards to change the urban face and meet the expectations of modern and classy accommodation. According to many experts, the introduction of new luxury apartment projects at this time will not only provide timely supply to the market but also contribute to the formation of civilized residential communities, improving the quality of life and creating a stronger impetus for the entire southern region’s development.
The Solution for Southern Hanoi’s Real Estate
Amidst a market full of potential yet untapped, Southern Hanoi presents a fertile ground brimming with opportunities for pioneering developers who possess the determination and capability to deliver quality real estate products.
Building on the achievements of over 30 years of development of Tan A Dai Thanh Group, MEYGROUP is a pioneer in creating Pure Real Estate based on three pillars: Ecology, Purity, and Connectivity. Each MEYGROUP-branded project is distinguished by its superior set of Pure Standards, encompassing the natural environment, planning, architecture, building density, green spaces, clean water sources, eco-friendly materials, and living amenities.
As a strategic first step in Hanoi, MEYGROUP will introduce Galia Hanoi, a luxury apartment complex in the southern gateway of the capital. Drawing inspiration from the infinite beauty of nature, the architecture, landscape, and every detail within the building and apartments are designed by world-renowned consulting experts, including HBA Architecture, Belt Collins, and AEDAS…
With construction and delivery standards surpassing the luxury level and a system of exclusive utility services, Galia Hanoi is expected not only to meet the supply of luxury apartments in the South but also to provide Hanoi residents with a worthy living space, contributing to shaping new living standards for future urban areas.
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