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Delivered 2024
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CapitaLand Development (Vietnam)
Hanoi's only lake-facing luxury tower managed by The Ascott on a 0.9 ha plot — 173 branded residences plus 202 SOHO units with 20-minute drive to Nội Bài via Nhật Tân Bridge.
CapitaLand Development's only luxury residential project in Hanoi, on a 0.9-hectare plot beside West Lake in Tây Hồ. Two towers totalling 375 units: the 173-unit Heritage West Lake Residences (2-4BR, duplex, penthouse) and the 202-unit SOHO @ Heritage West Lake (officetel/small-office-home-office). The Ascott manages daily operations. Direct lake-facing views, 40+ amenities including heated infinity pool, sky bar and sky lounge. Winner of PropertyGuru Vietnam 'Best Luxury Condo Development Hanoi' in 2019 and 2021.
Better for long-term living than for investing.
Heritage West Lake occupies Hanoi's most coveted lake-view address — direct Hồ Tây frontage managed by The Ascott, CapitaLand's flagship Hanoi project — and suits UHNW families and senior expats for whom the lake-district address and hotel-grade service are the primary criteria. Buyers accept a premium price (23% above segment peers) and the SOHO tower's ongoing resale correction as the cost of an irreplaceable location.
Homeowner: A solid choice for homeowners willing to pay for Hanoi's premier lake-view address. CapitaLand's Ascott-managed delivery means hotel-standard facilities and maintenance, with UNIS international school steps away and direct West Lake views from every Residences unit. The honest tradeoff is a 23% price premium over segment peers and meaningful road noise on lower floors facing Lạc Long Quân.
Investor: The investment case is location-and-brand driven, not yield-driven. Ascott management attracts corporate and diplomatic tenants, but Residences gross yields are modest — below 3% at current prices. The SOHO officetel tower is the more pressing concern, with resale prices down 20–22% from recent peaks. Metro Line 2 (C7 Hồ Tây, targeting 2029) is the most credible catalyst for medium-term rental and resale support.
| Market range | 60 triệu – 270 triệu/m² |
| Unit price | 2,7 tỷ – 88,3 tỷ |
| Rent | 15 triệu – 75 triệu/mo |
| Launch price | 123 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Heritage West Lake | 145 triệu/m² | — |
| Ciputra Hanoi | 305 triệu/m² | 1.4 km |
| Noble Crystal Tay Ho | 180 triệu/m² | 1.7 km |
| Starlake | 195 triệu/m² | 2.2 km |
Heritage West Lake Residences secondary pricing is broadly stable at 120–170M/m² on thin supply, while SOHO officetel values have corrected 20–22% from recent peaks — the two products are moving in opposite directions.
| Developer | CapitaLand Development (Vietnam) |
| Status | Delivered 2024 |
| Total Units | 375 |
| Towers | 2 |
| Launch Date | 2019 |
| Handover | 2024-09 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Pink Book % | 60% |
| Legal Notes | Vietnamese buyers get long-term (freehold) ownership; foreign buyers limited to 50-year renewable leasehold and the foreign-quota allocation is effectively closed. Pink books (sổ hồng) issuing progressively for Residences handed over from September 2024; approximately 60% of units processed as of June 2026 — no new batch announcements found in either the mid-June or late-June 2026 refresh cycles. SOHO officetel units (50-year ownership tier) on a slower track. CapitaLand Development remains financially active in Vietnam with Lumi Hanoi (97% of 3,200+ units booked across two launch phases) and The Senique Hanoi (under construction, 2027 completion target) in its Northern portfolio — no legal blockers reported across any CapitaLand Vietnam projects. No disputes or legal issues recorded for Heritage West Lake. Searched June 2026. |
Heritage West Lake
| CBD (peak) | 26 min |
| CBD (off-peak) | 19 min |
| Airport (peak) | 30 min |
| Airport (off-peak) | 28 min |
Ultra-high-net-worth Vietnamese buyers, senior expats — Korean, Japanese, and Singaporean executives — and diplomats working near Tây Hồ's embassy corridor. The community is a mix of owner-occupiers and long-stay serviced residents through Ascott management. The SOHO tower attracts younger entrepreneurs and small-office tenants.
