Phố Wall Shophouse – The No.1 Luxury Housing Area in the Capital, Right in Central Cau Giay
The 24h Van Phuc townhouse project, invested by Hai Phat Investment Joint Stock Company, is emerging as a bright spot attracting real estate investors in the western area of Hanoi. With a strategic location along To Huu Street, 42m wide, the project is expected to become a bustling and well-organized commercial shopping area, bringing outstanding added value to investors and residents.
Overview of 24h Van Phuc Shophouse Project
The 24h Van Phuc townhouse project is located in Van Phuc Ward, Ha Dong District, Hanoi, invested by Hai Phat Real Estate Investment and Business JSC (Hai Phat Land). The project is expected to create a vibrant commercial area serving shopping and business needs along the key To Huu arterial road.
Basic information:
- Project name: 24h Van Phuc Shophouse
- Investor: Hai Phat Real Estate Investment and Business JSC (Hai Phat Land)
- Location: Van Phuc Ward, Ha Dong District, Hanoi
- Total land area: 7,100 m²
- Scale: 125 shophouse units
- Plot area: From 50 m²
- Structure: 4 above-ground floors + 1 basement
- Expected handover: Q4/2016
- Price range: 198.67 – 279.18 million VND/m²
All shophouse units are located on To Huu Street, 42m wide, providing maximum advantage for business and commercial activities.
Prime Golden Location in Ha Dong Area
The 24h Van Phuc shophouse project owns the most beautiful location in Ha Dong, running along To Huu Street and intersecting with Van Phuc Street. This is a major trade artery connecting central Hanoi with the rapidly developing western area of the capital.
Regional connectivity advantages:
The project is located next to the internationally renowned Van Phuc silk village, near Ha Dong administrative center, Ha Dong market, Ha Dong post office, and the district sports center/park. The area benefits from synchronized infrastructure:
- Education: Close to major universities such as Academy of Politics, People’s Security Academy, Hanoi Architectural University, Hanoi University, Ha Dong Medical College, along with a full system of public and private schools at all levels.
- Healthcare: Near Ha Dong General Hospital and Military Hospital 103.
- Nearby urban areas: Quick connection to modern western Hanoi urban areas such as Mulberry Lane, Season Avenue, Bac Ha Tower, Duong Noi Urban Area, The Pride complex, European Vietnamese Village, Eco Green City, GoldSilk Complex, Hanoi Landmark 51, Tay Ha Tower, Usilk City, Park City, Van Phu Urban Area, Phu Luong Urban Area, and The Vesta social housing.
- Commerce: Surrounding area includes flower and ornamental plant markets, antique markets, Van Phuc Silk Village, and Ngoc Dai flower village, creating a vibrant business community.
Business Potential and Value Appreciation
The front-facing units of 24h Van Phuc shophouses directly overlook To Huu Street, a 42m-wide arterial road, making them highly suitable for business operations. The scarcity of commercial land in central Hanoi and the rapid development of western Hanoi further increase the project’s value.
The project is designed to become a bustling and well-organized shopping street similar to major commercial centers, serving a large and stable customer base, including:
- Students, teachers, lecturers from schools and universities in the Ha Dong area.
- Tens of thousands of employees working in over 50 companies within a 5–10 km radius.
- Residents of Ha Dong center and surrounding high-income urban areas.
With its prime location and planning, Van Phuc shophouses are considered a “shopping paradise,” ensuring sustainable value growth for investors.
Modern Planning and Design
The 24h Van Phuc shophouse project consists of 125 modern and well-ventilated units. Each unit has a minimum area of 50 m² and is built with 4 floors above ground plus 1 basement. The total land area of the project is 7,100 m².
Construction specifications:
- Total units: 125 shophouses
- Typical areas: 50 m², 60 m², 68 m²
- Structure: 4 floors + 1 basement
- Location: To Huu Street (42m wide)
Internal and External Utilities
In addition to owning a prime-location shophouse, residents and investors at 24h Van Phuc shophouse also benefit from a wide range of living and business amenities:
Internal utilities:
The project is fully equipped with internal facilities, creating a high-class community and an engaging living environment.
External utilities:
Thanks to its prime location in western Hanoi, the project benefits from a full system of services, entertainment, healthcare, and education already well-developed in Ha Dong and surrounding urban areas.
Implementation Progress and Financial Support
As of August 2016, the 24h Van Phuc shophouse project has commenced construction and is in the foundation piling stage, with expected handover in Q4/2016.
Reference pricing details (at time of announcement):
Prices range from 198.67 – 279.18 million VND/m² depending on location and plot size. Some typical units include:
- Block A1:
- Lot 22 (corner 60 m², NW-facing, next to Vietcombank & antique market): 125 million VND/m²
- Lot 21 (60 m², NW-facing): 123 million VND/m²
- Block A2:
- Lot 15 (50 m², NW-facing): 125 million VND/m²
- Block A3:
- Lot 1 (dual frontage, 68 m²): 127 million VND/m²
- Block B1:
- Lot 12 (standard, 60 m², SE-facing): 125 million VND/m²
- Lot 22 (corner, 60 m², SE-facing): 125 million VND/m²
- Lot 21 (60 m², SE-facing): 123 million VND/m²
- Block B2:
- Lot 5 (standard, 60 m², SE-facing): 123 million VND/m²
- Lot 6 (standard, 60 m², SE-facing): 123 million VND/m²
The 24h Van Phuc shophouse project is not only an ideal place to live but also an unmissable business investment opportunity in western Hanoi.
