Le Mao Street opening time extended, real estate value increases

PV DNUM_BGZAFZCACB 14:58

(Baonghean.vn) - Nghe An province has just submitted to the Government for approval the pre-feasibility report for the Le Mao extended road project phase 2 in 2022. Implementing the 400m section that has been stagnant for the past 10 years in phase 1, marking a turning point in the development of investment in large projects, especially the Shophouse 107 product line in the Hoang Yen subdivision of the Vinh Heritage project.

Shophouse – Unique product line right in the center of Vinh city

The attractiveness of profit has also shaped two development trends of this type of real estate. One is shophouses with strategic locations, located on the main traffic routes of the city. The other is shophouses located in complex urban areas with systematic planning and high population density.


Shophouse 107 - Prime location with unlimited investment potential

Nghe An province has just submitted to the Government for approval the pre-feasibility report for the Le Mao Road Extension Project Phase 2 in 2022. In particular, the 400m section that has been stagnant for the past 10 years in Phase 1 will be implemented by the end of 2021. These signals mark a major turning point in urban development and investment attraction in the South of Vinh City, especially the Vinh Heritage project.

With typical area of ​​107m2, it is easy to understand the origin of the name "Shophouse107", located in the complex of one of the first European-style commercial areas in Vinh city. Inheriting the valuable location of Hoang Yen subdivision, which owns 3 large boulevard frontages, all of which are the main arterial roads of the city center. In addition to the 2 21m and 30m roads planned to be directly connected to the existing internal roads Ruby 1 and Hoang Yen 6, the most "valuable" point of Hoang Yen must be mentioned as the advantage right on the extended Le Mao street - the aspirational road to the South of Vinh city.

According to a survey, currently along Le Mao Street, real estate prices are 3 times higher than in 2018, even on the 9-12m road, there are locations with transactions recorded at prices up to 35 million/m2According to the policy from the state agency, we will continue to invest in and complete the extended Le Mao route, helping to improve and enhance traffic connections to the state administrative center, entertainment and shopping areas in Vinh city, opening up opportunities for a series of new "billionaires".

Taking full advantage of the location, each shophouse is designed with an area of ​​only 107m2.2, with a reasonable total investment capital, starting from only 4.1 billion VND/lot, shophouse products reach a wide range of customers, or give investors a head start on the opportunity for price increases very soon.

S-real Vietnam Real Estate Joint Stock Company - Proud to be the official distributor of Vinh Heritage project.


S-REAL VIETNAM REAL ESTATE JOINT STOCK COMPANY

Head office: No. 1, Building B7, Ho Ngoc Khanh Town, Ngoc Khanh Ward, Ba Dinh District, Hanoi

Transaction office: Lk 18 Tan Phuc Apartment, Le Mao Street, Vinh Tan Ward, Vinh City, Nghe An Province

Hotline: 0974.517.959

Website:www.s-real.vn

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Le Mao Street opening time extended, real estate value increases
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