The real estate market in central Hue city is welcoming additional supply from a series of large-scale urban projects open for bidding, including a project with a total investment of nearly VND19,700 billion (nearly $763 million).
These projects span from the An Van Duong area to the northern part of the central city, creating opportunities for urban space development and attracting medium to long-term investment capital.
Among the projects, the most notable is the Urban Area Project in Duong No Ward and My Thuong Ward, part of Zone C - An Van Duong New Urban Area, which has a total investment of nearly VND19,700 billion, covering an area of approximately 150.85 hectares, and is expected to serve around 9,780 people.
According to the development plan, the urban area will provide approximately 2,700 housing units, including low-rise houses, service-integrated housing, and social housing apartments. With an area of over 150 hectares, the project is expected to contribute to the expansion of urban space, supplement the housing supply, and diversify real estate products in the area.
The project is expected to close bidding on November 10, 2026. It is also one of the largest capital-scale projects in the list seeking investors in the city.
At the same time, the Northern Urban Area 1 Project in Huong An Ward and Kim Tra Ward is also expected to close bidding on November 10, 2026. This project has a total investment of VND 4,110 billion, covering an area of approximately 36.42 hectares, and is expected to provide 725 individual houses and 515 social housing apartments, meeting the needs of about 3,473 people.
In the An Van Duong area, two other projects also attract attention for their capital scale: the Urban Area Project on both sides of Cho Mai - Tan My Road, with a total investment of VND 5,558 billion, expected to close bidding on November 6, 2026; and the Phu My Urban Area Project, with a projected total investment of VND 3,046 billion, covering an area of approximately 34.66 hectares, closing bidding on November 16, 2026.
In the northern area, the Northern Urban Area 2 Project in Huong An Ward and Kim Tra Ward has a projected total investment of VND 1,803 billion, covering an area of approximately 22 hectares, and is expected to close bidding on November 13, 2026. The project is planned to include about 350 individual houses and 530 social housing apartments, serving approximately 2,299 people.
Thus, the list of projects seeking investors in Hue is diverse in terms of scale, location, and product structure. In addition to low-rise housing, the projects also include social housing apartments and service-integrated housing, aiming to meet various market demands.
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