5 'plus points' that boost real estate in Hong Linh town (Ha Tinh province)
(Baonghean.vn) - As one of the three important urban centers of Ha Tinh province, and the nucleus of industrial development for the entire province, Hong Linh town is considered a strategic market, attracting investment in all fields; creating a strong impetus for real estate here.
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| Hong Linh town possesses an extremely important strategic location. Source: honglinh.hatinh.gov.vn |
A "gateway" location that attracts investment.
Hong Linh townLocated on National Highway 1A, a transit point connecting the provinces of North Central Vietnam: Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri, and Thua Thien - Hue; close to two major economic centers of North Central Vietnam: Vinh City and Ha Tinh City.
This is also the starting point of National Highway 8, connecting National Highway 1A and the Cau Treo International Border Gate, a trade route with Laos and Northeast Thailand. Currently, the 1A bypass, the 1B bypass, and the Dien Chau - Bai Vot expressway project are about to begin construction, further enhancing Hong Linh's connectivity.
Hong Linh has long been a center for trade between three countries: Vietnam, Laos, and Thailand, and vice versa. A system of factories, offices, and supporting facilities, contributing to the development of the central urban area of North Ha Tinh, has also been established accordingly.
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| Many transportation infrastructure projects have been invested in Hong Linh. Source: Ha Tinh Newspaper |
Infrastructure is developing rapidly.
To enhance its attractiveness, Hong Linh focuses on investing in the construction and upgrading of its transportation system and infrastructure. The town's water and land transportation networks are becoming increasingly diverse and convenient, facilitating communication, transportation, and the development of tourism and services.
Recently, a series of projects have been implemented, such as: upgrading and expanding National Highway 8A connecting the old and new National Highway 1A; integrated water resource management and urban development projects funded by the Kingdom of Belgium; and many sidewalk paving and tree planting projects on Quang Trung and Nguyen Ai Quoc streets, etc.; becoming a "lever" for the development of Hong Linh town.
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| Groundbreaking ceremony for the infrastructure investment project of Cong Khanh I Industrial Cluster. Source: doanhnghiephoinhap.vn |
Ha Tinh's industrial "capital".
Currently, Hong Linh is a "bright spot" for industrial development and a focal point for investment in Ha Tinh province. The total investment capital in the town in 2020 increased by 100.8% compared to the same period. A series of large businesses and factories are flocking here.
Currently, within the town, the Haivina garment factory, worth $15 million, is operating stably; a brewery worth over 1.5 trillion VND is preparing to operate; and a textile factory worth 6 trillion VND is about to start construction... Several multinational corporations, such as VSIP, are also exploring the market, with a plan to invest in an industrial park of over 1,800 hectares. Hong Linh is becoming a gathering point for major national and international corporations.
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| The Great Hero Festival attracts tens of thousands of visitors. Source: nongthonmoihatinh.vn |
Potential for developing spiritual tourism
Hong Linh town possesses many potentials and advantages for tourism development: Thien Tuong Pagoda and Lake, along with Tien Stream, create a unique and attractive cultural and tourist complex; Hang Pagoda - a unique pagoda located inside a cave, likened to a "miniature Da Lat" in the heart of Hong Linh; Dai Hung Cultural Relic Area with a 700-year history. In addition, there are: Song Trang Nguyen Temple, Do Dai Temple, Den Ca relic, blacksmith village, etc.
This area is also home to many unique and attractive traditional cultural festivals. Notable examples include the Dai Hung Temple Festival, held on the 10th day of the 3rd lunar month, which attracts tens of thousands of visitors each year. Other notable festivals include the Do Dai Festival, the Ca Temple Festival, and the traditional boat racing festival of Trung Luong ward…
To develop tourism, Hong Linh has implemented a series of policies and planned numerous related projects.
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| Hong Linh - A young, modern, and bustling town. Source: doanhnghiephoinhap.vn |
Land is scarce, leading to low real estate prices.
According to statistics, industrial clusters in Hong Linh are basically over 70% occupied. In the current trend of industrial real estate relocation, Ha Tinh in general and Hong Linh in particular are becoming destinations for many businesses.
Meanwhile, land in Hong Linh is scarce, a fact that adds value to existing projects.
In particular, according to surveys, real estate prices in Hong Linh are still low compared to other cities. The average land price in the area ranges from 4-10 million VND/m².2This is a very favorable factor for new investors entering the market.
Hong Linh is entering a new economic growth cycle, thus creating ample room for development. These favorable factors—timing, location, and human resources—combine to create a powerful impetus for the Hong Linh real estate market to experience a strong breakthrough.
