Upward trend in buying apartments in the West of Hanoi
(Updated: 1/6/2023 5:00:04 PM)
Nowadays, instead of buying a house in the central capital, many families look for apartments for sale in the West Lake area, Hanoi, to settle down. Why are the apartments there attractive?
Upward trend in buying apartments in the West of Hanoi
Nowadays, instead of buying a house in the central capital, many families look for apartments for sale in the West Lake area, Hanoi, to settle down. Why are the apartments there attractive?
West Lake's social-technical infrastructure changes one's look
It's easy to realize that high-class apartment projects have developed rapidly in the West Lake area. West Lake (Tay Ho) area is a long-standing hotspot for investors/buyers looking for high-quality properties and great amenities. Simultaneously, it is a key area of the regional economy, leading to a favorite investment destination. The explanation for this is the city's policy; by 2030, with a vision to 2050, the Tay Ho area is expected to become the new administrative center of the capital with many headquarters of ministries, branches, embassies, and many international organizations. Among them, the Government promotes to development of the social-technical infrastructure in Tay Ho. It fosters a strong sense of community and provides an ultra-convenient move for citizens here.
And that has been shown in the construction of Kim Quy Park, covering 100ha, and the upgrading and expansion of arterial traffic routes, such as Pham Van Dong (96m), extended Nguyen Van Huyen. Parallel with urban railway No. 2 or, most recently, the 60m route connecting two arterial roads, Vo Chi Cong (to Nhat Tan bridge) and Pham Van Dong (to Thang Long bridge).
Besides, the property market in the Tay Ho Tay area has a lot of potentials when the middle-class/high-income people in Hanoi are increasing. The conversion rate from low-end apartments to mid- and high-end apartments is also rising when the infrastructure in the Tay Ho Tay area has been completed and put into operation, creating add-value opportunities in West Lake properties.
Starlake Tay Ho Tay - A prudent choice not only for homebuyers but also investors
Tay Ho Tay has a new trendy countenance, including modern infrastructure, enhanced planning, and many high-quality projects developed by prestigious brands in the realty industry. Tay Ho Tay properties attract lots of homebuyers and investors buying for businesses. The apartments for sale in Tay Ho Tay are also high-liquidity, even swing trading investments, investors can "pocket" a few hundred million quickly.
According to industry insiders, Starlake apartments has the potential to be add-value properties in the future. They can be long-term investments with cash flow generated from rentals or increased selling prices. Because they are in long-standing prime areas in Hanoi and also developed by Dae Woo E&G, providing high-quality layouts, available facilities, and durability for each apartment in Starlake. Among them, the H9 building in Starlake is considered a sound investment that investors have to be eye-catching.
Starlake H9 building is at the gateway of West Lake West, with its low construction density of only 31%, offering a private and convenient lifestyle for dwellers here. With the corporation of investors in many fields such as Samsung, CJ, Emart, S&D, or Toshin, Starlake boats of providing a five-star service, sophisticated design/layout, and promises to create a sense of high-class living experience for residents.
Additionally, residents can access internal features, including an exclusive commercial center, a gym, a yoga space, restaurants, swimming pools, etc. Dwellers can have the extra benefit of their spiral staircase up to a rooftop pool and BBQ area for their private use with city views.
READ MORE: Villas for rent in Starlake
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