In-depth Analysis: Le Hong Phong I Urban Area (Venesia) - A Highlight of Nha Trang City
The Le Hong Phong I New Urban Area (sub-zone 3) and Le Hong Phong II New Urban Area have been jointly planned under the unified name Venesia New Urban Area. This is a modern urban development project with distinctive characteristics of Nha Trang City, Khanh Hoa Province. With its strategic location and synchronized planning, Venesia promises to become a high-class, convenient, and environmentally friendly living space at the western gateway of the coastal city.
Overview of Le Hong Phong I Urban Area Project
Le Hong Phong I Urban Area is the first phase of the Venesia New Urban Area. The project is implemented to build a modern urban area, highly characteristic of Nha Trang City. The project investor is Ha Quang Real Estate Joint Stock Company.
Basic project information
- Unified project name: Venesia New Urban Area.
- Venesia scale: Total planned area of approximately 150 hectares.
- Location: Located in Phuoc Hai Ward, Phuoc Long Ward, Vinh Thai Commune, and Vinh Hiep Commune.
- Specific address: Le Hong Phong Street, Phuoc Hai Ward, Nha Trang, Khanh Hoa.
- Reference price: 36.97 - 138.39 million VND/m² (applicable to Le Hong Phong I Urban Area).
- Start date: August 2010.
- Initial products: Includes 40 land plots.
The Venesia project is inspired by the clear and poetic rivers of the famous Venice city in Italy, bringing an international-class position and prestige to this urban area.
Strategic location and transportation connectivity
Le Hong Phong I Urban Area is located on the western side of Nha Trang beach and is considered a key part of Khanh Hoa’s new administrative center. This location is not only convenient for transportation but also lies within an area strongly planned for urban development.
Detailed location description
Le Hong Phong I Urban Area has a convenient transport system, allowing residents to easily travel to important areas:
- The Nha Trang - Da Lat arterial road, 60m wide, passes through the project.
- Along the western riverside is the Quang Truong River, which is being improved, with a 30m-wide road running along it.
- To the east, parallel to Le Hong Phong Street, is another 30m-wide road.
Distance from the project to external amenities
- Distance to the beach and city center square: more than 1 km.
- Distance to Nha Trang Railway Station: nearly 1 km.
- Distance to Nha Trang Port: 5 km.
- Distance to Cam Ranh Airport: 30 km.
The favorable location makes Venesia a high-quality residential area, easily connected to tourism, transportation, and administrative amenities of Khanh Hoa.
Infrastructure and synchronized internal amenities
The investor has planned Le Hong Phong I Urban Area in a synchronized manner, aiming to provide full economic, social, and community facilities. The goal is to build a modern, environmentally friendly living space with unique design and sustainable development, becoming a highlight in economics, administration, culture, and entertainment.
Outstanding amenities in the Venesia plan
Commercial Center
The urban area has two commercial centers, each 5,500m² in area, ranging from 4 to 9 floors. The high-end commercial center is designed facing a luxury marina, creating a landmark feature for Venesia. This shopping area also integrates a multi-purpose entertainment center to serve residents’ needs.
Education system (International School)
The international school is developed on an area of 1.7 hectares, with building heights from 2 to 6 floors. This education system is equipped with international-standard facilities (including libraries, gyms, and art exhibition rooms) and applies advanced teaching methods to prepare knowledge and skills for students.
International Hospital
An international hospital with an area of 1.8 hectares is planned for implementation in the 2013–2016 period. This general hospital will be equipped with synchronized technology and modern systems, providing comprehensive healthcare services for residents.
Community works and landscape
Venesia maximizes landscape elements, building public works harmoniously with the existing environment, maintaining fresh air and developing into a high-quality residential area with diverse amenities.
- Playground areas.
- Riverside residential areas.
- Villas, high-end apartments, and linked houses connected intelligently.
Design and product types
With an area of more than 150 hectares, Venesia is planned like a miniature European-style city, convenient, luxurious, and romantic. The project integrates many types of housing and utility works.
Design concept
Investors and architects have successfully brought Venesia to an international level, with the main concept inspired by clear and poetic rivers.
Housing types
In the master plan, Venesia includes:
- Villas.
- High-end apartments.
- Linked houses.
Project development information and partners
The project development team includes reputable partners in the real estate industry:
- Investor: Ha Quang Land.
- Design consultant: PTW.
- Pre-feasibility report consultant: Savills.
Cooperation with leading units ensures the quality of planning and design for Le Hong Phong I Urban Area, strengthening the project’s development potential and investment value.
Evaluation and investment potential
Le Hong Phong I / Venesia Urban Area is located in the newly developing center of Nha Trang City, benefiting from an expanded transportation system (Nha Trang - Da Lat route, Quang Truong riverside road). With a total planning scale of 150 hectares, Venesia is not only a residential area but also a new economic, administrative, and cultural center of the city.
The reference price range of 36.97 to 138.39 million VND/m² reflects the position and strong investment in infrastructure and internal amenities. The project is suitable for long-term residence in a modern, convenient living environment as well as investment opportunities ahead of the urban expansion of western Nha Trang.
