Pham Van Dong Street (Ring road 3) in Mai Dich – Nam Thang Long section expanded to 12 lanes and 40m road through Ciputra Urban Area connecting the two bridges of Nhat Tan and Thang Long is being rushed to be completed the final stage is the hottest news about infrastructure in the Northwest of Hanoi these days and it is a positive signal for the real estate market in the region.
Pham Van Dong Street is being expanded from Mai Dich – Nam Thang Long (red section) and 40m road (dark–green section) near Ciputra Urban Area is the most expected roads in the West of Hanoi.
According to the development policy of Hanoi City, the West of West Lake will welcome a series of leading departments including 13 Embassies and 6 government ministries including: Ministry of Planning and Investment, Ministry of Agriculture and Rural Development, Ministry of Justice, Ministry of Industry and Trade, Ministry of Transport and Ministry of Construction … which will be moved here. With such development orientation, the City has also deployed key routes for developing regional transport infrastructure, creating civilized, convenient and synchronous urban complex in the master plan.
1. Project to expand Pham Van Dong Street
Pham Van Dong Street is one of the arterial ring roads connecting inner districts with Noi Bai International Airport, North Thang Long Industrial Zone, Quang Minh Industrial Zone, Noi Bai Industrial Zone … The route is currently being invested to expand for fulfilling its important role.
Investment project to expand the Ring road 3, Mai Dich – Thang Long Bridge section (Pham Van Dong Street) is a sub-project of the investment project to expand the Ring road 3, Mai Dich – Noi Bai section. The project was started in October 2016 and expected to complete in 2019 with a length of 5.5 km; the cross-section is extended from 56m to 93m and each side has six lanes of motorized vehicles. The total investment of the project is VND 3,110 billion, of which construction cost is VND 820 billion and compensation for land clearance is VND 1,820 billion.
Construction site of Pham Van Dong Street
So far the most important stages have been basically completed, the total workload reaches over 80% for the upper ground, hundreds of Narra Padauk trees are planted to replace 1,300 ancient Faux Acajen trees. Currently, the project is starting to build a viaduct to synchronize with the road below. When the project comes into operation, there will be a total of 12 lanes of motorized vehicles and become one of the capital’s most important traffic routes which are always in overload condition.
2. 40m road connecting two roads, Vo Chi Cong Street and Pham Van Dong Street
Located on the Northern boundary of Ciputra Hanoi International City project, adjacent to the residential area of Phu Thuong Ward, the 40m road is an inter-regional road connecting the two ends of Nhat Tan Bridge and Thang Long Bridge due to Urban Infrastructure Development Investment Corporation UDIC as the investor.
The total length of the whole route is 2.1 km, from Nhat Tan Bridge intersection (Phu Thuong Ward, Tay Ho District) to Thang Long Bridge intersection (Dong Ngac Ward, Tu Liem District). The route is designed in accordance with standards of urban roads with a typical cross-section of 40m wide, including 2 strips of 2×11.25m wide, pavement of 2×2,25m wide in each side and median strip of 3m wide.
Ciputra Hanoi, with the advantage of a “extremely convenient” prime location is the urban area that benefits the most as it is located in the most beautiful position in the planning of transport infrastructure in the West of West Lake when surrounded by West Lake and Red River, approaching the arterial roads namely Pham Van Dong and Vo Chi Cong, 40m road and extended Nguyen Van Huyen route.
From the project, Ciputra residents only take 3 minutes to West Lake, 5 minutes to Diplomatic corps project, 15 minutes to go to Center of Hanoi Old Quarter and 17 minutes to Noi Bai International Airport. In addition, Ciputra also has the advantage of being near Lotte Complex with investment of up to $ 600 million including a commercial center, cinema, hotel, office and aquarium under construction and expected to be completed in 2021.
TheLINK345 Ciputra luxury apartment complex has started to hand over from Q4/2018
Grand Gardenville villa adjacent to 25ha Core Park only has a few of the last beautiful apartments
The combination of infrastructure and retail leverage has created a strong resilience for real estate in Tay Ho area in general and Ciputra Hanoi in particular. Therefore, it is not difficult to understand why Ciputra’s TheLINK luxury apartments or Grand Gardenville villas are always the focus of investors.
According to the latest information, TheLINK345 Apartment Complex has started handing over two towers namely LINK3 and LINK4, and the LINK5 tower is expected to hand over in fourth quarter 2019. With the policy of “STAY NOW – PAY LATER”, accordingly, from now until the end of April 18th, 2019, customers only needing to pay 50% of the value of the apartment can receive the house immediately, the remaining of 45% has been GRADUALLY PAID WITHOUT INTEREST RATE for 24 months. This is a golden opportunity to own a handful of Ciputra-branded luxury apartments. For low-rise products, Ciputra has been opening a subscription to the end of April 30th, 2019 for the few final premium units available at the Grand Gardenville villa subdivision adjacent to the 25-ha core park.