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Que Vo real estate investment prospect

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Que Vo is becoming a “hot spot” on the Northern real estate map

The arterial route in connecting the Capital region, stimulating the economy of Que Vo

Transport infrastructure is an important factor in promoting local economic and social development. Towards becoming a town in the near future, inter-regional connecting roads play an important role for Que Vo to realize its development goals.

Besides important roads such as National Highway 18 and provincial roads 279, 278, 287, 285B Noi Bai – Bac Ninh – Ha Long highway, Yen Vien – Cai Lan railway, Yen Lu bridge connecting Que Vo – Yen Dung bridge (Bac Giang), Chi bridge (under construction) and Binh Than bridge connect to Gia Binh district, Pha Lai bridge connects to Ho Chi Minh City. Chi Linh (Hai Duong) … then Ring 4 is considered a key route that plays an important role in inter-regional connectivity and economic stimulus in Bac Ninh province in general and Que Vo district in particular. On the road there are many industrial zones; quick connection to industrial zones and clusters in the area and other arterial roads.

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Direction of Ring Road 4 through 3 localities (Hanoi, Bac Ninh, Hung Yen). Source: Hanoi People’s Committee

In order to stay ahead of the development and expansion of the Capital region, Ring Road 4 plays an important role, being the arterial highway to help the Capital region take off. The project has a total length of 112.8km passing through 3 provinces and cities including: Hanoi (58.2km), Hung Yen (19.3km), Bac Ninh (25.6km and the connecting route 9.7km) with the starting point Ha Noi and the end point at Que Vo (Bac Ninh), the total cost is about 85,813 billion VND. The project is expected to begin implementation in January 2023 and be completed in December 2027.

Ring Road 4 not only meets traffic demand and promotes economic growth, but also creates a great growth engine for industrial cities like Que Vo, which is an economic lever to increase profits for real estate in the area. area. When the route is formed, Que Vo will enjoy the full economic advantages of the Ring 4 arterial road – the backbone road connecting inter-regional trade, helping Que Vo to catch the capital that is rushing into Bac Ninh province. last time.

Que Vo real estate attracts investors

As soon as there was information about the planning of the Ring Road 4 in the Capital region, land prices in Hanoi, Hung Yen and Bac Ninh around the area increased sharply with a massive investment wave.

According to data from the Ministry of Construction, the phenomenon of land price increase, even “price fever” has occurred since the end of 2021. In which, the price of land plots in some localities has recorded a high increase as in other areas. suburban areas of Hanoi such as Quoc Oai (up 20%), Ba Vi (up 45%), some places in the provinces such as Hoa Binh (up 46%), Bac Ninh (increase 20%), Hung Yen (increase). 26%)…

The end point of Belt 4 belongs to Que Vo district – a locality with strong economic potential when the construction – industry sector accounts for 90% of the economic structure, attracting large FDI investment and is being promoted in infrastructure and industrial investment. Karma. Possessing many sustainable advantages, Que Vo real estate receives great attention from investors.

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Land in Que Vo district is welcomed by investors

According to a real estate expert, Que Vo real estate, especially the land plot segment, dominates thanks to its low selling price, stable growth, high liquidity, potential for value increase… so it is favored by many investors. favorite private. However, in order to achieve optimal investment efficiency, investors should also avoid speculative surfing, choose safe products and limit the use of financial leverage… to avoid “losing money”.

Mr. Thanh Trung (Hanoi), an investor shared: “The planned Ring Road 4 causes land prices in the vicinity of Hanoi to increase rapidly, which also means great potential risks. Following the Ring 4 route for a few months now, I have chosen the land in Que Vo, not only owning the advantages of infrastructure and industry to ensure the potential of real estate value, above all, the real estate here is “hot”. but stable, less price blowing situation helps investors feel more secure when going down.”

Que Vo real estate has long-term growth potential, especially when the Ring Road 4 is formed, helping to shorten the distance between Que Vo – Hanoi and neighboring provinces. This place is “catching the eye” of many investors, catching the opportunity to “go first”.

Truc Chi

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