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1 of 2 delivered
Vietnam International Urban Development JSC (VIDC) — Perdana ParkCity (Malaysia) and Vinaconex Hoàng Thành
1 of 2 sub-zones delivered · 1 upcoming 2028
The largest fully built Malaysian-style master-planned township inside Hanoi's Ring Road 3.5 — gated low-density villas and townhouses around an 11-hectare park, with an on-site UK-curriculum international school and Park Kiara apartments delivering the sub-zone format that has been hard to find elsewhere in west Hanoi.
A 77-hectare master-planned township by Vietnam International Urban Development (VIDC) — a Perdana ParkCity Malaysia / Vinaconex Hoàng Thành joint venture — at the Lê Trọng Tấn / Tố Hữu junction in Hà Đông, modeled after Desa ParkCity in Kuala Lumpur. The plan combines roughly 952 villas and townhouses across branded low-rise enclaves (Nadyne Gardens, Evelyne Gardens, The Mansions, Le Jardin) with high-rise condominiums Park Kiara and Parc Régent, anchored by the 11 ha central park, the LINC retail mall, the ParkCity Club, and an on-site UK-curriculum international school.
Balanced for both homeowners and investors.
A mature, largely built township for west Hanoi families, with a UK-curriculum school, 11 ha park and mall inside the gates and pricing slightly below comparable upper-mid peers. The tradeoffs are the Tố Hữu commute, high ambient noise, gross yields of roughly 1-3%, and for Parc Régent, pending pink books ahead of a 2027 handover target.
Homeowner: A solid choice for homeowners who want a built, family-oriented gated township. The international school, 11 ha park and The LINC mall are all inside the gates, and delivered sub-zones carry long-term pink books. The tradeoffs are a congested Tố Hữu commute, high ambient noise and, for Parc Régent, pink books still pending ahead of a 2027 handover target.
Investor: The investment case rests on resale depth and an expat-family tenant pool, not on yield. Listed rents imply roughly 2-3% gross for apartments and about 1% for landed homes, and Hanoi's 2026 condo supply of around 36,000 units plus 12-15% floating mortgage rates limit near-term upside.
| Market range | 98,1 triệu – 130 triệu/m² |
| Unit price | 5,8 tỷ – 115 tỷ |
| Rent | 13 triệu – 48 triệu/mo |
| Launch price | 44 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| ParkCity Hanoi | 115 triệu/m² | — |
| Vinhomes Smart City | Generally cheaper per m² for apartments | Larger Vingroup township further west on Thăng Long Avenue; more amenities but newer and less mature than ParkCity Hanoi. |
| An Khánh - Splendora | Similarly priced for villas | Posco / Vinaconex venture in Hoài Đức with larger park areas but partial buildout and a longer commute to central Hanoi. |
| Geleximco Lê Trọng Tấn | Cheaper | Same Lê Trọng Tấn corridor with older townhouses, but no gated branding, community amenities or international school. |
Observed resale asks cluster around 106-118M/m² at Park Kiara and 110-122M/m² for Parc Régent primary, against a project benchmark near 115M/m², with movement mostly stable apart from Park Kiara 3BR.
| Developer | Vietnam International Urban Development JSC (VIDC) — Perdana ParkCity (Malaysia) and Vinaconex Hoàng Thành |
| Status | 1 of 2 delivered |
| Total Units | 7000 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Delivered low-rise sub-zones (Nadyne Gardens, Evelyne Gardens, The Mansions, Le Jardin) and Park Kiara apartments carry long-term residential pink books for Vietnamese citizens (50-year ownership for foreign buyers). Parc Régent pink books pending — construction permit No. 57/GPXD (issued 7 July 2025), ground broken 24 March 2026 with Ecoba Vietnam as general contractor; handover targeted 2027. Latest sourced progress report is April 2026 (podium structure under way). Searches through early October 2026 found no new pink-book batch announcements and no new enforcement action; the earlier Hanoi Inspectorate review of historical land-allocation procedures did not invalidate existing certificates. |
ParkCity Hanoi
| CBD (peak) | 45 min |
| CBD (off-peak) | 33 min |
| Airport (peak) | 72 min |
| Airport (off-peak) | 64 min |
An established western-Hanoi family community of Malaysian and Korean expats, returning Vietnamese buyers and senior managers from the western corporate corridor. The on-site international school is the main draw for school-age families, while Park Kiara and Parc Régent attract younger high-income professionals.
