Quang Ninh real estate attracts investors at the end of the year

“Leverage” from transport infrastructure

With the motto “traffic is one step ahead”, over the years, Quang Ninh has mobilized many resources to invest in the construction of key infrastructure projects with high connectivity to create an infrastructure connection center. international transport services. This will be a springboard for the province to attract investment in construction, development and infrastructure completion.

In early September, the last route of the Quang Ninh trans-provincial expressway, the Van Don – Mong Cai expressway, was officially put into operation, making Quang Ninh the province with the largest expressway in the country with 176km.

Van Don – Mong Cai expressway opened to traffic has contributed to making the whole route the longest highway in Vietnam with a total length of 571.5km, connecting Lao Cai – Yen Bai – Hanoi – Hai Phong – Ha Noi provinces. Long – Van Don – Mong Cai. At the same time, with this route and the Lao Cai – Hanoi – Lang Son route, the three most important international border gates in the North (Lao Cai, Huu Nghi and Mong Cai) are also connected.

The developed transport infrastructure brings many opportunities for Quang Ninh real estate (Photo: Accor).

The completion of the Van Don – Mong Cai expressway not only promotes the socio-economic development of Quang Ninh province, but also is an important step forward for the Quang Ninh tourism industry to expand to the international market. welcome foreign tourists, including a large number of Chinese tourists to Vietnam through Mong Cai border gate.

Infrastructure also contributes to creating conditions for the development of resort real estate in Quang Ninh and surrounding areas, especially in famous tourist areas such as Hai Phong, Van Don, and Ha Long. These are also the locations that many investors target to develop high-end resort real estate projects or branded products.

Great growth potential

Over the past time, the real estate market has also had many positive changes when inflation is under control, effective disease prevention and control, many service industries have recovered, and socio-economic development plans are being developed. implementation.

Quang Ninh’s growth rate attracts many domestic and international real estate investors (Photo: Accor).

According to experts, Quang Ninh’s real estate market is benefiting from the push from development policies in emerging areas such as Van Don, Uong Bi, Mao Khe, Mong Cai and even traditional areas. systems such as Ha Long, Bai Chay. Thanks to the advantage of infrastructure, near Ha Long Bay, Ha Long City has made strong development steps, creating favorable conditions for resort real estate projects. interest of many domestic and international investors.

Which segment is attracting investors?

Many experts said that if the first 3 quarters of 2022, the resort real estate market in Quang Ninh shows signs of slowing down due to the scarcity of supply and credit control, in the fourth quarter, the credit room is gradually decreasing. is loosened. Real estate segments with clear legal status, real ownership demand or long-term investment will lead the market.

Quang Ninh real estate attracts investors at the end of the year - 3
Phoenix Legend – Mgallery is a branded real estate product on the hill that attracts the attention of the super rich (Photo: Accor).

Representatives of some real estate exchanges in this area said that the projects developed in Ha Long city are receiving the attention of many investors. The market recorded a number of resort projects such as A la carte Ha Long Bay, The Holiday Ha Long, The Sapphire Residence with increased transactions.

In addition, limited edition branded products with the participation of international units such as Intercontinental Ha Long Bay managed and operated by IHG Group or Phoenix Legend – MGallery managed and operated by Accor Group are also being sold. is a bright spot in the luxury brand market, attracting the attention of the super-rich.

Mr. Nguyen Hoang Ha (Hai Phong), a long-time investor, considers that at this time, if you have a stable financial source, you should consider buying real estate with clear legality to ensure the value and safe cash flow.

Talking about investment taste, Mr. Ha said that products with complete legality will be safe and have good profitability. Mr. Ha said that not only him but also many investors are aiming for resort real estate products with international elements, with the participation in management and operation of famous units in the world. This is one of the factors that help investors assess the reputation of the investor and the development potential of the project.

The properties in this segment also possess high-class facilities and exclusive services that are synchronized with the global brand system.

The article is in Vietnamese

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