04/07/2020

Positive Signs On The Northwestern Infrastructure Of Hanoi In The Fourth Quarter Of 2020

The Mai Dich – Nam Thang Long viaduct integrated and paved as well as the repairing work of Thang Long Bridge has been urgently under constructed to make Pham Van Dong expansion street timely open to the public on the fourth quarter of 2020 are the highlights about the Northwestern infrastructure in the Capital during last time.

Pham Van Dong Street is one of the arterial belt roads connecting urban districts with Noi Bai International Airport, Bac Thang Long Industrial Park, Quang Minh Industrial Park, Noi Bai Industrial Park, etc. The route is currently invested to expand to 12 lanes to fulfil its important role.

The Mai Dich – Nam Thang Long viaduct project on the Ring Road III in Hanoi was commenced in January 2018, with a length of 5.3 km including nearly 4.6 km of elevated road. The project has seen a total investment of VND5.3 trillion ($230 million) sourced from ODA capital from the Japanese Government and reciprocal capital of the State.

Mai Dich – Nam Thang Long viaduct has been integrated and paved (Image: Hanoi24h)

According to the General Director of Thang Long Project Management Board, the viaduct span has been integrated and paved and finishing the final items for opening traffic in the fourth quarter of 2020.

Besides, according to Mr. Nguyen Van Huyen – General Director of Directorate for Roads of Viet Nam, in July, the construction and repair project for Thang Long Bridge will commence with a total investment of nearly VND 270 billion. This repair project will be completed by the end of 2020 in line with the inauguration of Mai Dich – Nam Thang Long viaduct, ensuring smooth, safe and convenient traffic.

By the time the project is officially put into use, this will help to ease the load from frequent traffic congestion on Pham Van Dong street and also be an optimistic signal for the real estate market in such areas. Currently, real estate projects on Pham Van Dong Street are targeted by people looking to buy houses or to invest thanks to the synchronous development infrastructure and convenient connection to central districts and Noi Bai International Airport. In particular, projects developed within gated residential township with synchronous utilities , green living environment and low density like TheLINK345 Ciputra Hanoi will attract lots of investors.

Ciputra Hanoi is one of the projects that directly benefit when the expanded Pham Van Dong road project (red line) is completed in the fourth quarter of 2020.

As one of the newest real estate projects of Ciputra Hanoi, The Link345 Complex is situated in ideal location which is near the main gate of Pham Van Dong, next to the Ciputra Club complex with fabulous view to the lush golf driving range, only a few minutes to West Lake and the Lotte Mall – Vo Chi Cong (including shopping mall, hotel, cinema, aquarium, etc. expected to be completed in 2021) is one of the real estate projects directly benefiting from the completion of this 3rd ring road expansion project.

TheLINK345 Complex has been completed with advanced utilities.

Now, TheLINK345 has been completed and most apartments are occupied by residents. Developed within the Ciputra Hanoi international residential township with synchronous facilities and convenient location, rentals of the TheLINK345 apartments are high. Most of the owners often rent apartments to foreigners, making TheLink345 become a new “Western Street” in the heart of Ciputra Hanoi – the international city with the largest foreign community in the Capital.

According to the latest information from Ciputra Hanoi, from now until the end of August 31st, 2020, customers who purchase TheLINK345 apartments and satisfy the conditions prescribed will be given an interior finishing package up to 300 million VND.