Wake up in the morning, it only takes a few minutes to walk, set foot on the modern subway, pass through two rows of green trees along Hanoi highway, cross the Saigon River, 5 minutes later you are at the busy center. upset.
Real estate prices near the metro line skyrocketed
According to a study published by Environment for Development Centers in 2015 on metro expansion and property value in Beijing, the capital Beijing has grown from 13.8 to more than 21 million people in just 12 years ( 2001-2013). To solve the problem of traffic congestion and air pollution, Beijing has been investing heavily in transport infrastructure, including 15 new subway lines over a 12-year period. This study also shows that, within a radius of 1-3 km around a subway station, real estate values have increased by 15%; and with a further radius of 3-5 km, real estate also increased by nearly 5%.
Previously, in European countries such as the UK, Finland, Austria, France… the wave of price increases of projects with Metro lines passing through changed the real estate market picture. Accordingly, the Metro Helsinki line (Finland) operating since 1982 has caused the price of apartments near the metro station to increase by 8%, and real estate 500-750m away from the station in some places increased by 11%. In France, real estate prices at railway projects in the city of Nantes also increased by 25% thanks to the concentration of many offices and large commercial centers.
In Vietnam, according to the approved plan, Ho Chi Minh City has 8 Metro lines with a total length of about 220km, with an estimated total investment of nearly 25 billion USD. Especially, metro line No. 1 (Ben Thanh – Suoi Tien) was first deployed, with a total length of 19.7 km and 14 stations – so far it has almost reached the finish line. City people are very excited when it is expected that only by the end of 2021, the first metro line will officially go into operation.
The excitement of the people and the excitement of the real estate market along metro projects has flared up a few years ago. Now, when the milestone of metro line 1 is set, the heat in the real estate market around this area is hotter than ever, making the race of luxury projects dominate in this area even more. become interesting.
Catch the inevitable trend
In the race to catch Metro, a luxury real estate project has officially been revealed as LUMIÈRE riverside. The project developed by Masterise Homes promises to help future residents become the first to fully feel the convenience of modern means of transport, which is expected by tens of millions of Vietnamese people. LUMIÈRE riverside has an area of nearly 19,500 m2, located at the junction of Vo Truong Toan – Hanoi Highway, facing the Saigon River and the city center. Currently, the completion progress of LUMIÈRE riverside is almost parallel with the operation progress of the first metro line in Ho Chi Minh City.
The location is about 700 meters from An Phu station of metro line 1, so the walking time from LUMIÈRE riverside to the station is only about 10 minutes. In Japan, people encourage taking the metro because it is believed that the distance from the house to the metro station is a time to take advantage of walking to increase health, while reducing the use of personal transport to help protect the environment. Metro is also the only vehicle that is never affected by traffic jams in big cities.
With foresight and rich experience from international partners, Masterise Homes soon invested in LUMIÈRE riverside when equipped with a special 2-layer glass door system to prevent noise and vibration for all apartments facing towards the city. metro line. The project will therefore always be a quiet green oasis located right in the middle of a busy city. This is also the first luxury apartment project in Ho Chi Minh City to apply this high-class construction technology to bring the most complete living experience.
Mr. Anthony Lam, Project Development Manager of LUMIÈRE riverside, shared: “To ensure that the noise generated by the metro line does not affect the project, Masterise Homes has chosen an effective noise reduction method. by providing double glazing for all aluminum doors and windows facing the metro line. All typical lobbies and lobbies are self-contained and fully air-conditioned. In such an environment, the comfort of the residents will be completely guaranteed.”
With the most favorable location in Thao Dien area, a clear view of the Saigon River and a classy, luxurious and close-to-nature design style, future residents of LUMIÈRE riverside will surely enjoy the style. A modern organic way of life of international standards.
Source: thanhnien.vn
