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8 of 12 delivered
Vingroup
8 of 12 sub-zones delivered · 4 upcoming 2027–2029
458-hectare ocean mega-city with Asia's largest artificial saltwater lagoon and complete Vingroup living ecosystem.
A 458-hectare ocean-themed mega-township in Van Giang, Hung Yen developed by Vinhomes (Vingroup). Part of the 1,200-hectare Ocean City Ha Noi master plan. Features 8 themed low-rise sub-areas with over 12,800 units, 56 apartment towers co-developed by Masterise Homes and MIK Group, Royal Wave Park with an 18-hectare artificial saltwater beach, Vincom Mega Mall, Vinmec hospital, and Vinschool. Total capacity exceeds 43,000 residential units.
Balanced for both homeowners and investors.
Vinhomes Ocean Park 2 – The Empire is a 458-hectare masterplan with operating water parks and a full pipeline of schools, hospital, and malls on-site — one of the most ambitious self-contained townships near Hanoi at mid-market prices. The core tradeoff is time: apartment buyers wait until 2027-2029 for handover, and the 30-90 minute drive to Hanoi's CBD remains the daily reality until Ring Road 4 and future infrastructure mature.
Homeowner: A solid township choice for homeowners who don't need a daily Hanoi CBD commute. Vinhomes and Masterise deliver above-average execution at this satellite-city scale — operating water parks, low flood risk, and a pipeline of Vinschool K-12, Vinmec Health Resort, and Vincom Mega Mall on-site create a compelling self-contained environment once fully built. Apartment buyers should factor in a 1-3 year delivery wait and a 30-90 minute drive to central Hanoi before committing.
Investor: The investment case is strongest in the delivered low-rise secondary market — active resale prices for townhouses (101-114M/sqm) and shophouses (135-143M/sqm) show genuine buyer demand. Apartment-unit investors face thin rental yields of roughly 2-3%, significant primary supply competition (primary prices fell 9-13% in early 2026), and no handover until 2027-2029; the long-horizon thesis depends on Ring Road 4 (arriving 2026-2027) and a speculative Metro Line 8 extension that has not yet confirmed a Van Giang station.
| Market range | 55 triệu – 350 triệu/m² |
| Unit price | 1,8 tỷ – 115 tỷ |
| Rent | 6 triệu – 40 triệu/mo |
| Launch price | 78 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Vinhomes Ocean Park 2 | 67 triệu/m² | — |
| Vinhomes Ocean Park 3 | 70 triệu/m² | 1.8 km |
Primary apartment prices softened 8-13% across multiple sub-zones in early 2026, while delivered low-rise units hold firm at 100-163M/sqm in the secondary market — reflecting a divergence between off-plan and built-product demand.
| Developer | Vingroup |
| Status | 8 of 12 delivered |
| Total Units | 43000 |
| Towers | 56 |
| Launch Date | 2022 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Long-term residential ownership for Vietnamese buyers (50-year for foreigners). Eight low-rise sub-areas delivered 2022–2023 with pink books issued on a rolling basis for delivered units. Following Hung Yen administrative reorganization effective July 1, 2025 (abolishing the huyen tier nationally), the project official address is Nghia Tru commune, Hung Yen province. All four apartment projects (Lumiere SpringBay, Masteri Trinity Square, Masteri Grand Coast, Imperia Ocean City The Parkland) under construction with approved permits — apartment pink books pending handover (2027–2029). June 28, 2026 search confirmed no blocking legal issues; ownership and permit status unchanged. |
Vinhomes Ocean Park 2
| CBD (peak) | 53 min |
| CBD (off-peak) | 43 min |
| Airport (peak) | 60 min |
| Airport (off-peak) | 57 min |
Hanoi professionals seeking affordable spacious living outside the city, young families attracted by the Vingroup ecosystem (school, hospital, and water parks), and investors betting on Van Giang's growth trajectory as Ring Road 4 and Hung Yen urbanization accelerate.
