The increased supply in the area has come from infrastructure drivers. The West of Hanoi is a promising investment area with the increasing number of good quality developments, Matthew Powell, Director of Savills Hanoi said. One of the office projects in the West of Hanoi. Photo: Leadvisors Tower The West of Hanoi is expected to continue to lead the villa and townhouse market in 2021. Future developments will change the existing nature of office and apartment supply, with priorities given to this area, according to the latest Savills Market Report for the first half of this year. For serviced apartment, total supply surged 20% year-on-year to reach approximately 5,500 units. Two long-awaited projects in Ba Dinh and Dong Da districts launched 136 Grade B-units. A-Grade supply remained steady over the last five years at 53% share, mainly managed by Ascott and more recently Oakwood. Nineteen future projects will provide over 2,400 units. Global … [Read more...] about West of Hanoi – a promising investment area for property developers
