The avenue, dubbed the 'second extended Le Mao Street', will be the launching pad for the south of Vinh city.

30m planned route - Avenue towards the future

Nghe An province has just submitted to the Government for approval the pre-feasibility report for the Le Mao extended road construction project. Construction of the remaining sections is expected to begin by the end of 2021.

According to Vinh City leaders, the extended Le Mao route will be one of the "arrows" that need to be prioritized to expand Vinh's urban space to the East and Southeast.

In the “Vinh street aspiration” that planners expect from the southern land, besides the extended Le Mao, there is another route that is also highly expected. That is the 30m planned route parallel to the Le Mao axis, crossing the Rao Mang River, connecting directly to National Highway 1A, and passing through the largest commercial service center in the south of Vinh city - the first European-concept commercial street of the city, belonging to Vinh Heritage Urban Area.

With a 4-lane design, bordering Vinh Heritage and a densely populated residential area in the future, the 30m road is considered the "second extended Le Mao road". Analysts consider this a worthy title for the 30m planned road, due to its strong potential for price increases and similar outstanding advantages. It is not too much to say that the South of Vinh city is facing the opportunity to "take off" economically and socially from these two arterial roads.

The South Vinh area promises to have a "second extended Le Mao road". Perspective image of the project.

According to actual records, real estate along the 30m planned road is a "hot commodity" on the market and is in the sights of investors in Nghe An and Ha Tinh. In particular, in the context of Vinh City sprinting to implement the Project to develop into an economic and cultural center of the North Central region by 2023, investors see the drastic revolution in upgrading the city's urban and traffic infrastructure as an opportunity for Vinh real estate to explode.

Rail for real estate

As an inevitable rule, wherever infrastructure develops, real estate becomes more vibrant. After official and complete information about the Le Mao extended road project, the real estate market on both sides of this road is "heating up" day by day.

A survey showed that in early 2020, the land price in lane 2 of the 12-15m road on Le Mao extended road ranged from 20-22 million VND/m2. By the end of the year, it had increased to 30-35 million VND/m2. "Currently, the price has "jumped" even more but no one is selling or buying," said some residents in the area.

Similarly, on the 30m planned road, beautiful plots of land have been purchased in advance while commercial products are extremely scarce. “Only the Vinh Heritage project - a model ecological urban area that is causing a fever in Vinh city at the moment has “products” for sale,” revealed Mr. Tuan Linh - a real estate broker.

The value of real estate along major roads is expected to increase rapidly. Illustrative photo

On the 30m road, the shophouse line in the Ruby subdivision is a rare commercial product located on the road front. Not only that, opposite the Ruby Shophouse rows is a densely populated residential area according to planning. With a modern 3-storey design, garden and sidewalk frontage up to 7m wide; total usable area up to 363m2, Ruby Shophouse will maximize the commercial advantage of this potential 30m road.

The representative of the investor Vinh Heritage boldly affirmed that Shophouse Ruby is a "bargain" that must be invested in for the "new class of millionaires" when the land price is still "relatively" affordable in the early stages. Accessing the royal class of residents in the inner area (Hong Ngoc Island villa area) and the crowded residential area, the number of natural customers is "huge" when the road is completed, Shophouse Ruby holds a commercial advantage that is unmatched anywhere in Vinh city.

Before the future story is realized, investors want to seize the opportunity to own this limited edition shophouse to catch the wave and bring in attractive profits.

Golden time for investors to "put money in"

For a long time, Vinh city has been considered an urban area with a rich cultural history and great potential for development. However, to truly reach its goal by 2023, Vinh still lacks modern, luxurious urban areas; bustling coordinates for commercial business, shopping, services, and places for the increasingly wealthy upper class to visit here.

The birth of Vinh Heritage in the new fortunes of Vinh city is creating a golden opportunity for real estate investors and commercial products on the "2nd extended Le Mao Street" are an impressive profitable investment channel that investors cannot miss. Currently, the project is offering an attractive sales policy with an unprecedented financial incentive package and valuable gifts for customers. In particular, investors who "put down money" at this time also have the opportunity to own a ticket to participate in the lucky draw event "High-rise house - Wide door - luxury car" with a total prize value of up to more than 2 billion VND(*).

Vinh Heritage is expected to take off when the infrastructure of the South Vinh area is completed. Perspective image of the project.

The rare Ruby Shophouses launched on the market recently have been impressively received by customers. Analysts believe that the 30m road passing through the Ruby - Vinh Heritage subdivision will continue to write new economic achievements similar to the extended Le Mao, increasing the profit margin for investors.

(*) The issued policies apply with the accompanying conditions.

Vinh Heritage: The first European commercial street in Vinh city

Address:Le Mao extended street, Vinh city, Nghe An province

Hotline: 1800 6350

Project development consulting unit:

VLand Vietnam Real Estate Investment and Trading Joint Stock Company

Official distributor:

Au Lac Land 0964.265.568;

Euro Holding:0931.542.222

Tan Long Land 0916.995.678;

S-Real 0968.641.379.