Hai Phong: Infrastructure Boom Ignites a New Real Estate Super Cycle

Hai Phong: Infrastructure Boom Ignites a New Real Estate Super Cycle

The port city of Hai Phong is undergoing a remarkable transformation, becoming a major magnet for capital as its transport infrastructure rapidly advances, attracting leading real estate developers.

A Mega Construction Hub with Record Numbers
In 2026, Hai Phong has effectively turned into a massive construction hub with 31 key projects. At the same time, 16 new projects have been launched, focusing on major transport corridors such as the Lao Cai – Hanoi – Hai Phong railway, connecting Lach Huyen Port to Gia Binh Airport and integrating with the high-speed rail network.

Additionally, industrial zones and port systems continue to expand, with berths No. 7 to 12 at Lach Huyen reinforcing its role as the nation’s logistics hub.

Race of Real Estate Giants
The infrastructure boom has triggered an unprecedented wave of investment from top real estate developers. Within just five years, the number of projects has nearly doubled.

Vinhomes has made headlines with the $2.4 billion Royal Island (Vu Yen Island) mega project and is launching its fourth urban area spanning nearly 240 hectares in Duong Kinh – Kien Thuy.

KBC (Kinh Bac) has invested heavily, paying VND 17,800 billion in land-use fees for the 585-hectare Trang Cat mega project.

Other major players such as Sun Group, Masterise, Gamuda Land, Van Phu, Hoang Huy, and MIK Group are also actively developing large-scale urban and resort complexes from the mainland to Cat Ba Island.

Bright Outlook for a New Growth Cycle
The market shows no signs of slowing down, with seven additional major companies, including Doji Land and Viconship, researching new urban areas totaling over 576 hectares.

Statistics indicate that high-rise housing supply is growing at an impressive rate of 26% annually.

With well-planned development and transparent legal frameworks, Hai Phong is setting a new standard for urban living and is poised for a strong, sustainable growth cycle.