Detailed Review of Tung Phuong New Urban Area: Investment Opportunity in Me Linh, Hanoi
Tung Phuong New Urban Area is a prominent project in Me Linh District, Hanoi, expected to become an attractive destination for investors and residents. With a strategic location and synchronized planning, the project promises a high-class living environment and outstanding growth potential.
General Information About the Project
Tung Phuong New Urban Area is located at the junction between National Highway 23 (under expansion) and a 100m road, connecting to the Trans-Asia road of Vinh Phuc Province. The project is situated in Dai Thinh and Me Linh communes and is invested by Tung Phuong Co., Ltd.
Key Features
- Project name: Tung Phuong New Urban Area
- Investor: Tung Phuong Co., Ltd
- Location: National Highway 23, Dai Thinh Commune, Me Linh, Hanoi
- City/Province: Hanoi
- Scale: 10 ha (within a summarized total of 20 ha)
- Estimated price range: 24.69 - 33 million VND/m²
The project is described as being closest to the city center among urban areas located along the 100m road axis, providing advantages in transportation connectivity and surrounding amenities.
Strategic Location Analysis
Location is one of the key factors contributing to the attractiveness of Tung Phuong New Urban Area. The project is situated on a major transport route, enabling convenient travel and trade.
Coordinates and Regional Connectivity
- Address: National Highway 23, Dai Thinh Commune, Me Linh, Hanoi
- Latitude: 21.18940353
- Longitude: 105.7195053
Detailed boundary descriptions highlight the strong multi-directional connectivity of the project:
- North: Adjacent to National Highway 23
- West: Adjacent to 100m road
- South: Adjacent to Lieu Tri Urban Area
- East: Adjacent to Tung Phuong Joint Stock Company
- The project is only 800m from AIC Urban Area and near Me Linh flower market, ensuring convenience in services and daily life.
Planning and Infrastructure Development
Tung Phuong New Urban Area is oriented toward becoming a high-end urban development with modern architecture and a living environment harmonized with nature.
Development Scale
The project has an official scale of 10 ha and is developed in two phases:
- Phase 1: Construction of townhouses and commercial center
- Phase 2: Construction of semi-detached villas totaling 182 units, with areas ranging from 160–300 m²
The architectural design maximizes natural elements, utilizing wind and water to create a harmonious “open–closed” living space, delivering a high-quality lifestyle for residents.
Progress and Legal Status
Updated information shows that the project’s infrastructure has been synchronously developed. By the end of 2010, infrastructure was completed and land-use certificates were issued for each plot. Some rows of completed rough-built houses with modern and elegant designs have already been constructed. Currently, roads and drainage systems are about 40% completed.
Internal Amenities System
Although no detailed list of utilities is provided, the overall description indicates that the project has synchronized technical infrastructure, including:
- Townhouses
- Commercial center
- Green parks
- Lakes
- Sports areas
The combination of high-end residential areas and synchronized amenities promises a modern, convenient, and green living environment.
Price Analysis and Investment Potential
With a reference price range of 24.69 – 33 million VND/m², Tung Phuong New Urban Area is considered competitively priced compared to similar urban developments in Me Linh and surrounding areas of Hanoi.
Investment Potential
The location at the junction of National Highway 23 and the 100m road—an interprovincial transport axis—creates a strong advantage in connectivity, thereby boosting long-term real estate value growth. The completed infrastructure and issued land-use certificates for each plot provide strong legal assurance, increasing liquidity and investor confidence.
Tung Phuong New Urban Area is not only an ideal residential place with unique architecture and full amenities but also an attractive investment opportunity at the northern gateway of Hanoi, especially as Me Linh District continues to receive strong infrastructure investment.
