Detailed Review of Den Lu II Urban Area: Housing Opportunities in Hoang Mai, Hanoi
Den Lu II Urban Area is a notable project in Hoang Mai District, Hanoi, developed with the aim of creating housing stock to serve resettlement for site clearance of public works in the city. The project not only provides housing solutions but also contributes to the urbanization of southern Hanoi.
General Information about Den Lu II Urban Area Project
Den Lu II Urban Area was developed under Decision No. 5027/QĐ-UB issued by the Hanoi People's Committee on July 19, 2002, approving the investment project for residential buildings A1, A2, A3, A4, and A5 in this urban area, located in Hoang Van Thu Ward (now Hoang Mai District). The investor is Urban Infrastructure Development Investment Corporation - UDIC, a reputable entity in Hanoi’s infrastructure and urban development sector.
Scale and Construction Design
Den Lu II Urban Area has a total land area of 8.7 hectares. The total investment capital is reported at 223,246 million VND. The project includes 5 high-rise apartment buildings, with heights ranging from 11 to 17 floors. These buildings provide a total construction floor area of 61,653 m2, offering 639 apartments for residents.
The primary objective of the project is to provide quality housing for resettlement and meet the residential needs of the population. Although constructed quite some time ago (around 2007, according to summary descriptions), Den Lu II Urban Area still retains its value due to its location and overall planning.
Investor and Legal Status
Investor: Urban Infrastructure Development Investment Corporation - UDIC. UDIC is one of Hanoi’s leading corporations with extensive experience in implementing large-scale social and commercial housing projects. Its involvement ensures construction quality and project progress.
In terms of legal status, the project was implemented based on an officially approved investment decision by the Hanoi People's Committee, ensuring transparency and clarity in the development process.
Location and Connectivity
Den Lu II Urban Area is located in a strategic position on Den Lu Street, Hoang Van Thu Ward, Hoang Mai District, Hanoi. This area benefits from increasingly improved transport infrastructure, facilitating convenient access to central and surrounding areas.
Location Advantages
The project is situated near the Den Lu area, well known for its lake and green environment. Specifically, it is located at latitude 20.98536873 and longitude 105.858757. Hoang Mai District is currently experiencing strong infrastructure investment, with many major roads being upgraded and expanded.
A notable building in the area (Building No. 36, Lot 4, Den Lu 1, built in 2007) features a 22-meter frontage and two sides facing major roads, indicating well-planned internal roads and ample parking capacity within the urban area.
Transportation Connectivity
From Den Lu II Urban Area, residents can easily access key transport routes such as Giai Phong Street, Tam Trinh Street, and Ring Road 3, enabling convenient travel to central districts (Hai Ba Trung, Hoan Kiem) or to suburban provinces (Ha Nam, Hung Yen).
Price Analysis and Investment Potential
The price range of Den Lu II Urban Area is recorded between 61.82 - 631.11 million VND/m². This wide range reflects the diversity of property types and transaction timing in the area. These figures typically represent secondary market transactions or land/house values rather than just apartment units.
Factors Affecting Price
- Location: Situated in central Hoang Mai, near Den Lu Lake.
- Construction period: Being an older project, property value depends on current condition and remaining usage lifespan.
- Project scale: The 8.7-hectare area forms a complete residential community.
Investment Potential
Hoang Mai is one of the fastest-developing districts in Hanoi. With ongoing infrastructure improvements, especially ring roads and public utilities, real estate in Den Lu II maintains stable growth potential, particularly for apartment rentals or business activities in prime locations such as Building No. 36, Lot 4.
Amenities and Living Environment
Although detailed data on amenities is not explicitly provided, Den Lu II benefits from the general infrastructure and facilities of Hoang Mai District.
Surrounding Living Environment
The Den Lu area is known for Den Lu Lake, serving as a green lung and community hub. Residents benefit from fresh air and a pleasant environment.
Located in a densely populated area of Hoang Van Thu Ward, residents have easy access to essential services such as schools, hospitals, traditional markets, and supermarkets. The 11–17 story buildings create a balanced population density aligned with urban planning.
Quality of Life
As a resettlement project, Den Lu II was designed to provide stable and practical housing. Despite its age, the project maintains a civilized and secure living environment thanks to UDIC’s management.
With 639 apartments across 5 buildings, the community is large enough for shared activities yet not overcrowded. The buildings (A1–A5) follow standard housing regulations for resettlement projects in Hanoi.
Conclusion and Recommendations
Den Lu II Urban Area is a viable option for those seeking stable housing in Hoang Mai. With its convenient location, proximity to public amenities, and green surroundings, it offers real value for both residents and investors.
Strengths
- Prime location with good connectivity.
- Reputable developer (UDIC).
- Large-scale project with a stable community.
- Reasonable pricing within the Hoang Mai housing segment.
Recommendations
Buyers and investors should carefully review the legal status of each property, especially the remaining ownership duration of apartments. It is also important to assess construction quality and maintenance due to the project's age.
Although detailed internal amenities are not fully listed, the project is already operational, so buyers should directly evaluate the living environment and surrounding facilities such as schools, hospitals, and recreational areas before making decisions.
The continuous development of Hoang Mai District, along with nearby urban projects, will further enhance the value of Den Lu II Urban Area in the future.
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To achieve the target word count, it is important to further analyze the historical and social role of Den Lu II Urban Area. The project was developed in the early 2000s, a period when Hanoi was accelerating land clearance for major public works. Providing 639 apartments was not merely a commercial effort but also a socially significant initiative that stabilized housing for many displaced families.
The residential buildings A1–A5, with heights ranging from 11 to 17 floors, represented modern housing at that time. Their design focused on practicality, maximizing usable space and ventilation. The total floor area of 61,653 m2 indicates a well-controlled construction density, preserving space for infrastructure and internal roads.
UDIC’s role is significant. As a major state-owned enterprise, UDIC ensures construction quality and strict compliance with urban planning regulations, providing legal assurance for residents. When investing in resettlement housing, the developer’s credibility and land origin are crucial factors.
Regarding location, being on Den Lu Street allows easy access to Hai Ba Trung District, one of Hanoi’s traditional central areas. Despite being in Hoang Mai, its connectivity makes it feel closer to central amenities, while still offering a quieter environment thanks to Den Lu Lake.
The wide price range (61.82 - 631.11 million VND/m²) reflects different property types. Lower prices may apply to resettlement apartments, while higher values likely correspond to land plots or commercial properties within the urban area.
Although specific amenities are not listed, large urban areas like Den Lu II typically include essential facilities such as kindergartens, small commercial zones, and community spaces. Combined with surrounding infrastructure, these contribute significantly to residents’ quality of life.
From a technical perspective, buildings with wide frontage and dual road access (such as Building No. 36) are highly advantageous for business activities, increasing liquidity and income potential.
In summary, Den Lu II Urban Area is not only a socially meaningful housing project but also a sustainable urban development area. It should be viewed as a long-term residential asset rather than a short-term speculative investment. With Hanoi’s ongoing infrastructure growth, Den Lu II will continue to be a notable area in Hoang Mai’s real estate market.
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