Vinh City Doubles in Size, Reveals New Valuable Economic Center

The trend of moving to new centers

As the inner cities become increasingly crowded, cramped, land funds are limited, and quality of life declines, the expanded central area becomes an ideal residential choice, especially for people with average incomes or higher. Therefore, the formation of a new center of any province will be inevitable and a development trend in the current period.

As new centers are formed, infrastructure and neighboring urban areas will form a great shift towards the new center. All new centers will have a new look, new space and entertainment, new commerce. Here, residents can easily access high-end services such as shopping, education, health care, entertainment, recreation, etc.

Thu Duc City is the hub of key traffic routes between Ho Chi Minh City and the Southeast provinces. Photo: Minh Quan

The real estate market has witnessed the formation and strong development of new centers in big cities. These include My Dinh, Gia Lam (Hanoi), or even Hung Yen. In the southern region, there is Thu Duc, Ho Chi Minh City. In the near future, the wave of new center formation will continue to take place in second-tier cities such as Hai Phong, Da Nang, Vinh.

Vinh City is the largest economic and cultural center in the North Central region and an important economic gateway between Myanmar - Thailand - Laos - Vietnam. In 2008, Vinh City became the fourth first-class urban area in Vietnam after Hai Phong, Da Nang and Hue. In the near future, Vinh City is expected to double its size by "embracing" Cua Lo and 9 communes of Nghi Loc District.

Vinh City, when expanded, will become the largest cultural and economic center in the North Central region. Photo: Ngoc Tuan

According to Decision 827/QD-TTg of the Prime Minister, by 2023, Vinh city will be built into a commercial center of the North Central region with the function of a hub for export, import, gathering, transit, distribution, and transportation of goods and services; a center for promotion, trade transactions, and other services according to the plan.

With the expansion and strong development orientation, the development of new expanded centers will be an inevitable trend of Vinh in the coming years. With outstanding advantages in space and infrastructure, the "new city" can effectively share population pressure for the core area, forming a high-class living environment for Vinh people.

Pioneer in developing new center in Vinh city

Leading new centers always requires corporations, pioneering investors looking for new opportunities and pioneering people of new lifestyles. The shift from the old center of Hanoi to new centers, even to Hung Yen, has brought a new era to the real estate market. And in Vinh, the founder of Ecopark with the Eco Central Park metropolis will bring a new breeze to Vinh city.

Eco Central Park metropolis brings a new breeze to Vinh city.

Located on Nguyen Sy Sach extended street in Hung Hoa commune - one of the main roads of the city, Eco Central Park is only 10 minutes drive from the city center, 14 minutes drive from Vinh University,... Through main traffic routes such as Vinh - Cua Lo Boulevard, Eco Central Park becomes the center of trade connection between Vinh city and Cua Lo town.

A new standard of living is formed when Eco Central Park appears.

In particular, when Vinh city doubles in size, Eco Central Park will be located in the city center. As the largest urban area with a systematic and synchronous planning, in the future, Eco Central Park will become the bustling economic center of the city. With a scale of 200 hectares and developed according to the model of "city within a city", this place will converge all the utilities such as commercial centers, bustling shopping and entertainment walking streets... creating the premise for business potential here.

The density of trees in Eco Central Park will be at an average of 100 trees/person.

Furthermore, for Vinh city residents, Eco Central Park will define a new standard of living with a system of international schools and hospitals. In particular, Eco Central Park deserves to be the greenest urban area in Central Vietnam when it owns 30% of the area of ​​green trees and water, equivalent to 50 hectares, an average of 100 trees/person, 95 times the density of trees/person in Ho Chi Minh City and about 45 times the density of trees/person in Hanoi.

It can be said that, converging all 3 golden factors for the location of a real estate product, along with the scale and brand of one of the most prestigious investors in Vietnam, Eco Central Park Urban Area is not only a promised land for Vinh city residents, an ideal place to live for people in the North Central region but also a "bargain" for investors across the country.

Experienced investors share that buying Eco Central Park now is to seize the opportunity for price increases right from the early stages of development of the new Vinh city center. Once the new center is formed and developed, the price level will be many times higher than the old price. Reality has proven that many investors in the East of Hanoi, Hung Yen and the new Thu Duc city area, Ho Chi Minh City have doubled, even tripled, or quadrupled their profits after only 5 years. And now, the opportunity to double or triple their investment will not be far away for quick investors who know how to put money down at the right time, in the right area, to seize the impressive price increase of Vinh city real estate./.