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Handover soon · 2027
Wonderland Real Estate (Sunshine Group)
Vietnam's first WorldHotels-branded residence — 5-star hotel operations, 200m rooftop infinity pool across three towers, and a 7,200 m² saltwater beach inside the Ciputra international enclave.
5.08-hectare WorldHotels-branded residence by Sunshine Group in the Ciputra international township, Tay Ho. Five 40-storey towers plus 60 standalone and semi-detached villas, 955 apartments in total. Unit mix is heavy on duplex Sky Mansions with 7m ceilings, Sky Villas with private pools, and a 4-unit Penthouse collection on top floors. First WorldHotels Branded Residence globally, with 5-star hotel services and 50+ amenities including a 7,200 m² saltwater beach and a 200m infinity pool connecting the rooftops of three towers.
Better for long-term living than for investing.
A distinctive WorldHotels-branded residence inside the Ciputra international enclave, priced at the luxury peer median (about 180M/m2). It suits well-funded buyers who can wait for a Q1 2027 handover target; the tradeoffs are a 13 tỷ-plus entry, a handover that has already slipped once, pink books not before Q1 2028, and heavy post-waiver service fees.
Homeowner: A good choice for well-funded homeowners who value Ciputra's international-school enclave and hotel-style services, and can wait for delivery. Three of five towers have topped out and the developer targets Q1 2027 handover, but that date already slipped once, pink books are not expected before Q1 2028, and post-waiver service fees will run well above standard Hanoi luxury.
Investor: The investment case rests on scarcity and brand, not on income or a pricing discount. Asks near 180M/m2 sit at the luxury peer median, resale data is thin, and branded-residence fees and the 13 tỷ-plus entry ticket cap rental yield, while delivery depends on Sunshine Group meeting a Q1 2027 target.
| Unit price | 12 tỷ – 269 tỷ |
| Launch price | 175 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Noble Crystal Tay Ho | 180 triệu/m² | — |
| Ciputra Hanoi | 108 triệu/m² | 0.6 km |
| Heritage West Lake | 145 triệu/m² | 1.7 km |
| Starlake | 164,9 triệu/m² | 3.1 km |
Primary asks hold near 180M/m2 across towers; the only measured move is 3BR duplex typical easing about 9% to roughly 182M/m2, while secondary snapshots (about 175M/m2) are thin.
| Developer | Wonderland Real Estate (Sunshine Group) |
| Status | Handover soon · 2027 |
| Completion | 2026 |
| Total Units | 955 |
| Towers | 5 |
| Launch Date | 2024-08 |
| Handover | 2027-Q1 |
| Construction Permit | Approved |
| Pink Book | pending |
| Legal Notes | Built on plots CT01-CT and CT01-TT inside Ciputra international township, Tay Ho. Long-term residential ownership (sổ hồng lâu dài). Construction permits approved across all 5 towers. S2 Lumina, S3 Aura and S5 Sol Crystal have topped out; S1 and S4 were at floors 33-34 of 40 as of June 2026. Latest developer-communicated handover target is Q1 2027 (some press still cites Q2 2027), after an earlier slip from Q4 2026 — treat as directional, not confirmed. Apartment pink books follow the standard 9-12 month post-handover cycle (earliest Q1 2028); villas already hold sổ đỏ. Project owner Wonderland Real Estate is 99% controlled by Sunshine Group. October 2026 re-check found no newer official handover or pink-book announcement. |
Noble Crystal Tay Ho
| CBD (peak) | 32 min |
| CBD (off-peak) | 24 min |
| Airport (peak) | 34 min |
| Airport (off-peak) | 32 min |
Expected to attract Vietnamese ultra-high-net-worth buyers, senior Sunshine Group executives and expatriate C-suite families already familiar with the Ciputra enclave. Korean and Japanese buyers form a major slice given Ciputra's established diplomatic community.
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