Thai Hoa real estate market potential
(Baonghean.vn) - In the past 3 years, Thai Hoa town, Nghe An has attracted tens of thousands of billions of VND to develop economy, trade and services. Infrastructure development and the orientation of Thai Hoa town to become a type III city by 2025 have pushed up the price level of residential real estate in this area.
Infrastructure boost
In July 2021, the People's Committee of Nghe An province approved the socio-economic development orientation of the town.Thai HoaAccordingly, Thai Hoa town will meet the standards.Type III urban areaby 2025, is an important premise for becoming a provincial city before 2030. This will be the gateway city connecting the western mountainous provinces of Nghe An and Thanh Hoa as well as a major trade gateway with Laos through the border gates: Nam Can, Thanh Thuy, Tam Hop.
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| Urban space development planning of Thai Hoa city with Le Hong Phong Avenue directly connecting to the city's administrative area and the expansion phase of the southern axis with the Hieu 3 and Hieu 4 Bridge systems. |
The resolution clearly states that Thai Hoa must focus on developing service industrial zones, developing transport infrastructure, and building model urban areas: especially attracting investment from large economic groups across the country to develop the local economy.
With the orientation of developing a trade gateway for the entire Northwest region of Nghe An and Thanh Hoa, Thai Hoa town has attracted a series of "big guys" to develop infrastructure investment in recent times. A series of outstanding projects can be mentioned such as:
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| Vincom Plaza Thai Hoa, built and developed by Vingroup, is located on Tran Hung Dao Street. |
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| Thien Long subdivision of TNR Stars Thai Hoa project opposite the administrative area and 52ha park has completed synchronous infrastructure and is ready for handover. |
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| A corner of the new administrative area and Long Son subdivision of the project is located on Le Hong Phong and Hung Vuong streets of the TNR Stars Thai Hoa project. |
Investment opportunities to catch new growth wave
In the trend of capital flow shifting to the suburbs, Thai Hoa real estate has become hot with the advantage of development space. Cash flow from large investors with large-scale projects has been changing the urban face of Thai Hoa.
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| The new administrative area and the 52ha central park are being completed. |
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| The area of Nguyen Trai street towards Hieu 1 bridge is the central axis of fashion - service - gold and silver store systems of Thai Hoa town. |
According to experts, the emergence of large-scale projects to meet residential and entertainment needs will attract a wave of new investors to Thai Hoa.
With synchronous planning and clear orientation from the People's Committee of Nghe An province, Thai Hoa town will be the development highlight of the western region of Nghe An and Thanh Hoa, affirming the position of a city meeting the standards of a type III urban area in the vision for 2022-2025.
