The rapid pace of urbanization brings increasing pressure points: prolonged traffic congestion, ever-widening distances between home and work, a shortage of quality public spaces, and the erosion of the living experience in high-density urban environments. According to Savills’ analysis, the challenge for modern megacities is no longer simply about “moving faster” but about helping people “experience life better while commuting.” In this context, the new generation of Transit-Oriented Development (TOD) is beginning to shift its focus from infrastructure to people and from transportation to urban quality of life. In many countries around the world, TOD is not simply seen as a transportation solution. It is a method of reorganizing urban space, creating conditions for the formation of new economic centers, and promoting investment and real estate development in a more sustainable direction. In Vietnam, the model is also considered a planning tool to optimize land use and guide urban development as cities become increasingly congested. International experience It is no coincidence that leading megacities such as Tokyo, Singapore, London, and Hong Kong (China) consider TOD a central solution to urban planning challenges. Mr. Neil MacGregor, CEO of Savills Vietnam, said that, globally, successful TOD models often act as catalysts for the restructuring of entire urban areas. “When public transportation is integrated with commerce, public spaces, offices, housing, and living amenities, the value created lies not only in real estate but also in the potential to form new economic and community centers for the city,” he said. “In the long term, TOD can change how people live, work, and interact with the city. This is also an inevitable development trend for major cities, as the challenge is no longer just expanding infrastructure but improving quality of life and optimizing urban operational efficiency.” According to Savills, TOD has undergone several stages of