The strong development at the western gateway of the capital has turned this area into a new focal point of Hanoi in recent years, with Lumi Hanoi standing out prominently – a luxury apartment project by CapitaLand Development Vietnam, offering living spaces and amenities that cater to the trend of shifting away from the old city center for residents.
The potential coordinates in Western Hanoi – Leading the trend of shifting away from the city center
Benefiting from its strategic location, the western riverside area is at the forefront of attracting the upscale population segment, shifting away from congested old centers towards satisfying new living trends that prioritize convenience, environmental friendliness, and easy mobility. “My family currently resides in Ba Dinh District. Although living in the bustling city center seems convenient, we actually feel confined due to the scarcity of green spaces and frequent traffic congestion. Seeing the western area with its convenient transportation and sufficient basic amenities, my spouse and I are considering moving. Some new projects invest in ample green spaces and sports facilities, providing a safe and spacious playground for our two children,” shared Ms. Thuy (35 years old).
With numerous large investment-attracting projects such as Hoa Lac High-tech Park, Vietnam Military History Museum, Samsung R&D Center, Viettel Headquarters, the western gateway of the capital is gradually undergoing significant development. Particularly, the western area has been shaping into a Central Business District (CBD) in recent years by hosting numerous government agencies and departments.
With the pressure of supply shifting towards this area, the “Western City” tackles the infrastructure planning puzzle with convenient transportation networks, notably including Thang Long Boulevard connecting the inner city with National Highways 21, 32, 6, and Beltways 3.5 and 4 under construction. Alongside this, the Bus Rapid Transit (BRT) system and the planned metro lines 5-6-7 form a comprehensive transportation network connecting the entire western area to the urban core.
Recognizing the breakthrough potential of the real estate market in the West, many major players have chosen this area to develop a series of high-end urban projects, creating a migration wave towards expanded urban centers and significantly reducing pressure on the core areas of the capital.
Convenient transportation infrastructure is driving the trend of residential migration towards the West, with notable projects like Lumi Hanoi by CLD Vietnam recently debuting in the market (CGI image).
