The 17th Parallel: From Historic Landmark to Emerging Growth Hub
Real estate prices in major cities like Hanoi and Ho Chi Minh City continue to set new benchmarks, with narrowing price margins, making them less appealing to many investors. According to the Vietnam Association of Realtors (VARS), new projects launching in Q3/2025 with prices exceeding 100 million VND/m² are becoming increasingly common. The apartment price index in Hanoi for Q3/2025 rose by 5% compared to the previous quarter and surged by 96.2% compared to the base quarter (Q1/2019).
Many investors are shifting their focus to smaller but highly potential provincial markets with ample land, softer prices, and long-term growth potential. This, coupled with infrastructure development, has propelled North Central regions, particularly Quang Tri, into the spotlight as a new destination for capital inflows.
Over the past 2–3 years, Quang Tri’s real estate market has witnessed significant price increases. Land plots in many areas near the city center have doubled or more, especially around major transportation routes and urban expansion zones.
In the provincial center, the Ho Xa area in Vinh Linh has emerged as a notable highlight. Beyond its historical significance tied to the 17th Parallel, Hien Luong Bridge, and Ben Hai River, this area is undergoing rapid urbanization, transforming its landscape and role. From a historic site, Ho Xa has evolved into a regional administrative hub.
Ho Xa is strategically connected by multiple vital transportation routes: National Highway 1A, Ho Chi Minh Road, the North-South railway, Cua Viet and Cua Tung seaports, and the planned Quang Tri Airport. These infrastructures are pivotal in driving residential, commercial, and service demands in this gateway area.
Additionally, the Northwest Ho Xa Industrial Zone is a new growth driver. Spanning over 214 hectares with an investment of 1.25 trillion VND, the project broke ground in August 2025. Expected to attract manufacturing and logistics enterprises, this industrial zone is seen as a “growth engine” generating real demand for housing, commercial spaces, and urban infrastructure.
Experts suggest that early projects like Centa Diamond Riverside, strategically positioned with ready legal frameworks, will significantly benefit from rapid urbanization and concentrated investment in this area.
The Allure of “Adjacent to Road – Close to River”: A Distinct Advantage
Amidst nationwide urbanization, projects combining “adjacent to road – close to river” features, like Centa Diamond Riverside, are increasingly rare and considered more valuable than gold.
Located directly on National Highway 1A, a vital trade route from Nghe An to Thua Thien-Hue, the project offers reduced travel times to Dong Ha, Dong Hoi, and Hue. Its strategic position also creates ideal conditions for commercial and service activities, thanks to stable traffic flow and broad accessibility.
Its proximity to the Ho Xa River enhances its scenic beauty, climate, and feng shui—factors highly valued in Central Vietnam, where residents prioritize harmony between living environments and nature.
Spacious layouts, balanced water flow, and well-planned construction densities not only enhance living experiences but also boost the appeal of modern urban models.
Urban areas blending strategic transportation locations with waterfront elements typically see better price appreciation once infrastructure is complete. The convergence of residential, commercial, and scenic values enables multi-purpose utilization, sustaining long-term competitive advantages.
Synchronized Infrastructure, Complete Legal Framework, and Significant Growth Potential
Spanning 7.3 hectares, Centa Diamond Riverside is designed as a modern urban complex featuring various product types, including residential land (adjacent and villas), commercial townhouses, shophouses, parks, plazas, and community amenities.
Centa Diamond Riverside is designed for dual purposes, catering to both residential and business needs.
Unlike many new urban areas that await infrastructure completion or rely on surrounding plans, Centa Diamond Riverside began construction in May 2025 and has already completed over 80% of its technical infrastructure by November 2025, with full completion and acceptance expected by January 2026.
The project’s technical infrastructure includes an underground electrical system, wide internal roads directly connected to National Highway 1A, natural stone-paved sidewalks, and complete drainage, lighting, and greenery systems.
Another critical advantage is the project’s complete legal framework. Amidst tightened regulations on land subdivision and project progress reviews, projects with clear legal status are increasingly scarce, making those with transparent legal frameworks more attractive.
Centa Diamond Riverside is still in its early development phase, offering extremely attractive prices for ownership and investment. This is the ideal time for homebuyers and mid-to-long-term investors to act, as prices remain lower than when infrastructure is complete and economic and industrial drivers are operational. With its central location, clear legal status, and rapid infrastructure progress, the project is poised for significant short- and medium-term growth.
Location: National Highway 1A (Le Duan Road), Ho Xa, Vinh Linh, Quang Tri
Hotline: 0942.263.263
Website: https://centaland.vn/
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On September 22, 2025, at Vinpearl Landmark 81 in Ho Chi Minh City, SmartRealtors & Partners Real Estate Co., Ltd. officially signed a strategic distribution partnership with Vinhomes, the developer of Vietnam’s pioneering sea-reclamation mega-project, Vinhomes Green Paradise.











































