This is the reason why information related to planning and infrastructure through Thuong Tin area is attracting the attention of many people, especially investors.

Thuong Tin to become a district in 2030

According to Hanoi city planning for the period 2026-2030, Hanoi will have 3 more districts upgraded to districts including Thanh Oai, Thuong Tin, and Me Linh. To speed up the process of becoming a district by 2030, Thuong Tin is prioritizing the construction of transport infrastructure and residential areas.

According to the 5-year medium-term public investment plan 2021-2025 of Thuong Tin district, the total capital expected to be allocated for transport and infrastructure projects is 3,700 billion VND.

According to experts, when Thuong Tin becomes a district, it will strongly promote the development of the real estate market. Real estate prices in Thuong Tin have the opportunity to break through, similar to the story of price increases in real estate markets when Dong Anh, Hoai Duc, Gia Lam prepared to become districts like a few years ago.

Urban development axis along beltway 4

Ring Road 4 in Hanoi is 58.2km long, passing through 7 districts: Soc Son, Me Linh, Dan Phuong, Hoai Duc, Thanh Oai, Thuong Tin and Ha Dong. In 2024, Ring Road 4 - Capital Region is one of the key national projects that Hanoi focuses on implementing.

In Thuong Tin district, the 4th ring road is about 9.3 km long. Currently, this road section is gradually taking shape. At the construction site, machinery and workers are bustling with construction.

According to a survey by Batdongsan.com.vn, since the construction of this route in Thuong Tin district, land prices in the area around the 4th ring road have increased, in some places up to 100 million/m2, double that of 5 years ago. In the future, when the entire 4th ring road is formed and connected, land prices on both sides of the road may increase further.

Breakthrough highway

As the gateway to the South of Hanoi, Thuong Tin receives the entire North-South arterial highway Phap Van - Cau Gie and National Highway 1A. These two routes are considered important joints, the North-South transit roundabout, connecting the South with the Capital and the Northern provinces such as Bac Ninh, Hai Phong, Quang Ninh.

Along with these routes, Thuong Tin is making efforts and focusing on synchronously implementing many solutions to promote the development of connecting infrastructure. On the morning of December 24, 2023, Thuong Tin simultaneously started construction of a complex of 5 traffic - technical infrastructure projects for the land use rights auction area in Quan So area, Ha Hoi commune with a total area of ​​about 6.5 hectares. Previously, nearly 19km of the eastern service road of Phap Van - Cau Gie expressway passing through Thuong Tin district was also started.

Capital's 2nd Airport

Not only owning the highway, Thuong Tin also welcomes the second airport of the capital which is about to be built. According to the submission to the City People's Council for consideration and approval of the Project to adjust the general planning of Hanoi Capital to 2045, with a vision to 2065, the second airport of the capital region will be located in the southern area of ​​the Northwest Expressway - National Highway 5B, between the Phap Van - Cau Gie Expressway, National Highway 1A, the North-South high-speed railway, the North-South Thong Nhat Railway and the Southern economic traffic axis.

Experts say the capital's second airport, located right next to Thuong Tin, will create economic development momentum for the entire region.

Southern city of the capital formed

Specifically, according to the Project to adjust the general planning of Hanoi Capital to 2045, with a vision to 2065, in addition to the two western and northern cities previously studied, Hanoi proposes to plan the southern city.

The Southern urban area is planned according to the airport urban model, forming a comprehensive transportation service center for air, rail (national railway, North-South high-speed railway, urban railway), waterway (Red River), road (Phap Van - Cau Gie expressway, National Highway 1, Southern axis), becoming an important traffic hub of the Northern region, the southern gateway urban area of ​​the Capital.

Thus, the planned Southern area will become a city within the Capital with the name of Southern city. In which, Thuong Tin will be the connecting point between the center of the Capital and the Southern city, an important gateway to the inner city. With its strategic and vital location, Thuong Tin is expected to have the opportunity to develop strongly.

From a suburban district with the advantage of developing 11 industrial parks, Thuong Tin is increasingly making a breakthrough when becoming the economic development center of the Southern region. Infrastructure development will lead to a vibrant real estate market. This is the reason why Thuong Tin real estate is becoming an investment destination with a long-term growth vision for the new cycle forecast to start from 2024.