VI
Vinhomes Ocean Park 3 5 of 11 delivered
Area: Van Giang · Hung Yen
5 of 11 delivered

Vinhomes Ocean Park 3 – The Crown, Van Giang, Hung Yen

Vingroup

5 of 11 sub-zones delivered · 6 upcoming 2026–2029

294-hectare resort district anchored by the 12.3-hectare Paradise Bay artificial lagoon, with 3 independent apartment developers (Masterise, CapitaLand, MIK Group) offering diverse price points within one Vingroup mega-township.

💰 1,8 tỷ – 80 tỷ📏 70 triệu/m²🏗️ 5 of 11 delivered🏢 29000 units

A 294-hectare ocean-themed residential district in Van Giang, Hung Yen — the third district within Vingroup's 1,200-hectare Ocean City mega-township east of Hanoi. Features 8 themed low-rise neighborhoods (8,458 units), Masteri Era Landmark (10 apartment towers, ~5,200 units) by Masterise Homes, The Fullton (692 units) by CapitaLand, and Imperia Ocean City (30+ towers, The Parkland phase with 9 towers and 5,600 units selling) by MIK Group. Anchored by the 12.3-hectare Paradise Bay four-season artificial lagoon.

Project news

Hanoi Metro Line 8 breaks ground June 22, 2026 — Hung Yen extension could reach OP3 by 2030
Construction · Jun 2026 · domo.vn

Neighborhood

77*
Family Score
Good
Family appeal is strong and growing — VinWonders Water Park is already within the development, and Vinschool Ocean Park 3 is planned on-site to serve all school levels. The resort setting with low density and themed parks supports family life, though on-site healthcare access remains limited until the township builds out further.
83*
Leisure Score
Excellent
Leisure access is strong today, anchored by VinWonders Water Park within the development alongside a mix of cafés and casual dining on-site. Aqua Bay Water Park is planned on-site and will deepen the leisure offer when delivered.
71*
Convenience
Good
Daily convenience is limited today — small local shops and mini-markets operate within the development, but no full-scale supermarket or named pharmacy is confirmed on-site. Daily retail is expected to expand as the township builds out, though no specific brand or timeline has been announced.
67*
Health
Good
Medical access is weak today — no clinic or pharmacy is operating within the development itself. Vinmec International Hospital is 11.8km away and accessible via VinBus; a pharmacy is expected as the township matures, but no named on-site healthcare facility has been confirmed.
73
Transit Access
Good
Transit access is solid for a suburban township — bus stops are within the development, with VinBus electric shuttle service linking Ocean Park 3 to Hanoi. The nearest metro station is 20.7km away; no rail stop is confirmed nearby.
23
Commute Ease
Below Avg
1 hr 16 min to Hoàn Kiếm Lake via OCT2 → 02. 7 min walk to bus stop, 1 transfer.
18
Nightlife
Below Avg
No dedicated nightlife district exists — the township lacks a concentration of destination bars, clubs, or late-night entertainment venues. Evening activity is limited to cafés and small local bars scattered through the development.
43
Quietness
Average
Ambient noise is moderate — several bars and casual social venues operate within the development, particularly around the Grand World entertainment area adjacent to the project. Residential sub-zones positioned away from the entertainment zone are noticeably quieter.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.3
🏠 Homeowner
Solid
6.9
📈 Investor
Solid

Better for long-term living than for investing.

Vietnam's most ambitious ocean-themed mega-township — 294 ha of resort-quality living anchored by Paradise Bay, with three independent apartment developers (Masterise, CapitaLand, MIK) offering genuine price diversity inside one Vinhomes project. The core trade-off is commute: 30+ km from Hanoi CBD in Hung Yen province with no confirmed metro station, and all apartment towers delivering from Q1 2028 at the earliest.

🏠 Homeowner
Value
6.8
Livability
7.8
Legal & delivery
7.3
Location & connectivity
7.3
📈 Investor
Value
6.8
Returns & exit
6.4
Legal & delivery
7.3
Location & demand
7.2
Why the scores differ

Homeowner: A solid resort-lifestyle choice for homeowners who can accept the commute trade-off. The 294-hectare township at 19% density — anchored by Paradise Bay lagoon, VinWonders Water Park, and a growing Vingroup ecosystem — delivers a living environment most suburban peers cannot match. The core concessions are location (Hung Yen province, 30+ km from Hanoi CBD, Route 5 peak-hour congestion) and construction stage: all apartment towers deliver from Q1 2028 at the earliest, and daily convenience and on-site healthcare are still nascent.

Investor: A long-horizon infrastructure bet with multi-developer diversification but no current yield anchor. Ring Road 4 opens near-term and Metro Line 8 broke ground for a 2030 target, but Hung Yen station stops remain unconfirmed. The supply pipeline is substantial — Imperia Ocean City alone targets ~35,000 units (CBRE, May 2026), alongside Masteri Era Landmark's 5,200 units — compressing future rental competition. Investors with a 5+ year horizon and conviction on Van Giang urbanization have a reasonable case; those seeking near-term income or quick resale exit should look elsewhere.

Price & Market

Current Market Price
70 triệu/m²
📈 +8% since launch
Market range59 triệu – 300 triệu/m²
Unit price1,8 tỷ – 80 tỷ
Rent5 triệu – 50 triệu/mo
Launch price65 triệu/m²
Est. Rental Yield0.8%
  • •🟢 Masteri Era Landmark at 60-83M/m² is competitively priced versus Ocean Park 2 apartments (60-85M/m²) — brand new product with direct Paradise Bay access at comparable developer pricing
  • •🟡 Low-rise sub-zones at 110-160M/m² carry no meaningful premium over OP2 low-rise despite being newer product — the market has not yet re-rated OP3's location relative to its sibling district
  • •🟢 Three independent developers (Masterise, CapitaLand, MIK Group) on one site creates unusual buyer choice and reduces the project's dependence on a single sales operation or sponsor
  • •🔴 No apartments delivered — all high-rise units remain under construction, so rental yield and secondary market pricing are entirely unproven; Imperia alone targets ~35,000 total units per CBRE (May 2026), representing outsized long-term supply
  • •🟡 Developer-subsidized low-rise rents (5-20M/month townhouses, 10-30M/month shophouses) indicate the community is still filling up — organic rental demand will become clearer after Ring Road 4 opens and occupancy matures
Last updated: June 2026

Is this a good deal?

🟢 ~12% cheaper than comparable projects
Project Price Distance
Vinhomes Ocean Park 3 70 triệu/m² —
Vinhomes Ocean Park 2 67 triệu/m² 1.8 km
Ecopark 62 triệu/m² 4.2 km
Vinhomes Ocean Park 1 110,3 triệu/m² 4.7 km

Should you buy here?

Best for:
  • ✓Families who want a self-contained Vinhomes community with a planned on-site Vinschool K-12 and Vinmec hospital access via VinBus
  • ✓Remote workers who prioritize resort-quality living — Paradise Bay, themed parks, 19% density — over proximity to Hanoi
  • ✓First-time apartment buyers targeting Masteri Era Landmark entry pricing or Imperia Ocean City at ~62M/m²
Not ideal for:
  • ✗Daily Hanoi CBD commuters — bus transit takes 1h16 min; peak-hour driving is 60-90 min each way
  • ✗Those needing Hanoi household registration (hộ khẩu) — Hung Yen address does not qualify
  • ✗Buyers wanting immediate apartment occupancy — no high-rise units deliver before Q1 2028 at the earliest

Decision Factors

Strengths

  • ✓Paradise Bay (12.3 ha four-season lagoon) and VinWonders Water Park within the development — this scale of waterfront amenity is uncommon at the 60-75M/m² apartment price point
  • ✓19% building density across 294 ha — the lowest density of any major Hanoi-area mega-township, delivering resort-scale green space between residential clusters
  • ✓Three independent developers on one site (Masterise, CapitaLand, MIK Group) — genuine buyer choice across price bands and meaningfully reduced single-sponsor concentration risk versus single-developer mega-projects
  • ✓Pink books partially issued for delivered low-rise sub-zones; construction permits approved for all apartment towers — legal status tracking ahead of some comparable peers

Tradeoffs

  • !Hung Yen province location — 30+ km from Hanoi CBD, no Hanoi hộ khẩu eligibility, and peak-hour National Route 5 congestion making daily Hanoi commutes 60-90 min each way
  • !All apartment towers under construction — no high-rise units deliver before Q1 2028, meaning no current rental income and no proven secondary market pricing for apartments
  • !Daily convenience and on-site healthcare are nascent — small local shops operate within the development but no full-scale supermarket or clinic is confirmed; the township is still filling up

Watch items

  • ?Metro Line 8 broke ground June 22, 2026 targeting 2030 — a Van Giang station would transform commutability, but the Hung Yen station list is not yet confirmed; verify progress before treating as a price catalyst
  • ?Imperia Ocean City total planned scale is ~35,000 units (CBRE, May 2026) — cumulative apartment supply in the OP3 catchment is very large; track actual take-up rates before assuming long-term price appreciation
  • ?Ring Road 4 parallel road targets September 2026 technical opening after missing the June 2026 deadline — confirm actual opening before factoring a commute reduction into a purchase decision

Unit Types

Apartments

Studio
0 Beds · 1 Baths · 29–33 m²
Under review
≈ 2,03 tỷ – 2,31 tỷ est.
70 triệu/m²
Singles & couples
1BR
1 Beds · 1 Baths · 45–49 m²
Under review
≈ 3,15 tỷ – 3,43 tỷ est.
70 triệu/m²
Singles & couples
2BR+
2 Beds · 2 Baths · 54–68 m²
Under review
≈ 3,78 tỷ – 4,76 tỷ est.
70 triệu/m²
Young families
3BR
3 Beds · 2 Baths · 71–93 m²
Under review
≈ 4,97 tỷ – 6,51 tỷ est.
70 triệu/m²
Growing families
Duplex
3 Beds · 2 Baths · 110–125 m²
Under review
≈ 7,7 tỷ – 8,75 tỷ est.
70 triệu/m²
Growing families
Penthouse
3 Beds · 2 Baths · 100–150 m²
Under review
≈ 7 tỷ – 10,5 tỷ est.
70 triệu/m²
Growing families

Townhouses

Townhouse
4 Beds · 4 Baths · 50–192 m²
8 tỷ – 33 tỷ
165 triệu/m²
Rent: 5 triệu - 20 triệu/mo
Growing families

Shophouses

Shophouse
4 Beds · 4 Baths · 52–254 m²
8 tỷ – 55 tỷ
200 triệu/m²
Rent: 10 triệu - 30 triệu/mo
Growing families

Villas

Quad Villa
4 Beds · 4 Baths · 120 m²
12 tỷ – 21 tỷ
137 triệu/m²
Growing families
Semi-detached Villa
5 Beds · 5 Baths · 120–604 m²
28 tỷ – 80 tỷ
150 triệu/m²
Growing families

Project Details

DeveloperVingroup
Status5 of 11 delivered
Total Units29000
Towers40

Amenities

👨‍👩‍👧 Family: Vinschool K-12 campus on-site. Vinmec hospital within Ocean City. Multiple themed playgrounds across 8 sub-areas. Gated villa communities (Dao Ngoc, Vinh Xanh) with 3-layer security for families prioritizing safety.
🏋️ Fitness: Olympic-standard swimming pool, Four Seasons indoor pool, Aqua Bay water park with slides. Tennis, basketball, and multi-purpose courts. 10-sport complex in Anh Duong zone. Jogging paths along Paradise Bay lagoon.
🏖️ Lifestyle: 12.3-hectare Paradise Bay four-season lagoon as the centerpiece. Mega Grand World entertainment district (shared with OP2) featuring The Venice canal quarter, K-Town Korean street, and 800+ retail shops. Marina Square event plaza for festivals and performances.
🛒 Convenience: Vincom Mega Mall within Ocean City. Dedicated car and motorbike parking. 24/7 security. VinBus electric shuttle with 4 routes connecting OP1, OP2, OP3 and central Hanoi. VinFast EV charging throughout.
🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🚌 Shuttle Bus🎾 Tennis Court🛍️ Shopping Mall🏀 Basketball CourtShophouse Street🏍️ Motorbike Parking⚽ Multi-Purpose Court

Location & Commute

Map Explore on map

Vinhomes Ocean Park 3

43 min
Hoàn Kiếm CBD
57 min
Nội Bài Airport
CBD (peak)53 min
CBD (off-peak)43 min
Airport (peak)60 min
Airport (off-peak)57 min
🚇
Metro
Hà Nội Metro Station
20.7km
🛍️
Mall
VinWonders Water Park
Within development
🛒
Supermarket
Expected daily retail
Expected
🏫
Schools
Vinschool Ocean Park 3
Planned on-site
🏥
Hospitals
Vinmec International Hospital
11.8km
🌳
Park
Aqua Bay Water Park
Planned on-site
Major Roads
Ha Noi – Hai Phong ExpresswayRing Road 3.5National Route 5
🔇 Moderate Noise🛣️ Not Near Highway

Hanoi professionals seeking resort-style suburban living, families attracted by the Vingroup school-hospital-mall ecosystem, and investors in the Hung Yen satellite city growth story. The mix ranges from homeowners in delivered low-rise sub-zones to future apartment buyers in Masteri Era Landmark and Imperia Ocean City.

Things to consider (not deal breakers)
⚠️ Traffic
National Route 5 congestion during peak hours between Van Giang and Hanoi. Ring Road 3 interchange b...
National Route 5 congestion during peak hours between Van Giang and Hanoi. Ring Road 3 interchange bottleneck for expressway access.
→ Ha Noi – Hai Phong Expressway and Ring Road 3.5 provide alternative routes. Ring Road 4 under construction will further reduce pressure on Route 5.
🌊 Flood Risk
Low flood risk. Project sits on elevated terrain in Van Giang with internal drainage. Not in a histo...
Low flood risk. Project sits on elevated terrain in Van Giang with internal drainage. Not in a historically flood-prone zone.
→ Internal drainage and elevated land mitigate flood risk. Van Giang is not in the Red River floodplain.

Sub-zones

Ánh Dương
Ánh Dương Shophouse, Townhouse, Villa
0 listings · 2029 units
8 tỷ - 40 tỷ
100 triệu - 260 triệu/m²
4-5 BD · 54-258 m²
Under construction
Most active low-rise secondary trading sub-zone. Primary townhouse listings at 13-15B VND; shophouse positions facing Paradise Bay command a premium within the OP3 low-rise range.
Đảo Ngọc
Đảo Ngọc Shophouse, Villa
0 listings · 445 units
40 tỷ - 80 tỷ
100 triệu - 200 triệu/m²
4-5 BD · 100-604 m²
Gated island villa sub-zone with a limited unit count. Pre-sales only; no established resale pricing. Positioned as an exclusive villa offering within the OP3 ecosystem.
Fullton
Fullton Shophouse, Townhouse, Villa
0 listings · 692 units
6,7 tỷ - 68 tỷ
120 triệu - 300 triệu/m²
4-5 BD · 56-373 m²
Under construction
CapitaLand's 692-unit luxury low-rise sub-zone; developer pricing not fully disclosed. Limited supply with international developer backing positions it as the premium low-rise offering within OP3.
🏢
Hải Đăng Shophouse, Townhouse, Villa
0 listings · 326 units
7 tỷ - 45 tỷ
100 triệu - 230 triệu/m²
4-5 BD · 50-240 m²
The largest low-rise sub-zone by unit count with Dutch-inspired streetscapes. Pre-sales inventory only; no established secondary pricing yet in this sub-zone.
Imperia Ocean City
Imperia Ocean City Apartment
0 listings
1,8 tỷ - 13,5 tỷ
60 triệu - 90 triệu/m²
0-3 BD · 29-150 m²
Under construction
MIK Group's 9-tower sub-zone (The Parkland, 5,652 units) — the most affordable apartments in OP3 at ~62M/m² primary. The largest new supply pipeline in OP3; over 30 additional towers are planned for subsequent launches, adding significant long-term supply pressure.
Masteri Era Landmark
Masteri Era Landmark Apartment
0 listings · 5200 units
1,9 tỷ - 14 tỷ
60 triệu - 100 triệu/m²
0-3 BD · 29-150 m²
Under construction
Ten-tower apartment sub-zone at 60-83M/m² across three clusters (The Spark, The Vision, The Flow); no secondary market established. Large primary supply of ~5,200 units competing for buyers alongside Imperia Ocean City at ~62M/m².
Phố Biển
Phố Biển Shophouse, Townhouse
0 listings · 1801 units
7 tỷ - 26 tỷ
4 BD · 56-163.2 m²
Delivered 2023
Delivered beachfront sub-zone adjacent to VinWonders Water Park. Townhouse and shophouse listings benefit from the leisure-hub positioning — among the more sought-after delivered sub-zones within the township.
Thời Đại
Thời Đại Shophouse, Townhouse, Villa
0 listings · 4 units
7,4 tỷ - 55 tỷ
4-5 BD · 54-292.8 m²
Under construction
Delivered sub-zone within the township. Secondary listings follow the general low-rise band; trading volume is lighter than lagoon-adjacent sub-zones.
Vịnh Tây
Vịnh Tây Shophouse, Townhouse, Villa
0 listings · 936 units
8 tỷ - 50 tỷ
4-5 BD · 50-292.8 m²
Under construction
Santorini-themed delivered sub-zone with resale pricing tracking comparable to Ánh Dương. Secondary inventory is thinner given 938 total units and a largely villa-and-townhouse mix.
Vịnh Thiên Đường
Vịnh Thiên Đường Shophouse, Townhouse, Villa
0 listings · 1776 units
9 tỷ - 80 tỷ
4-5 BD · 54-293 m²
Under construction
Central commercial sub-zone and the busiest secondary trading area in OP3. Shophouse supply is deepest here — 160 commercial units fronting the main boulevard adjacent to Paradise Bay attract the most secondary market interest.
Vịnh Xanh
Vịnh Xanh Shophouse, Townhouse, Villa
0 listings · 801 units
11 tỷ - 60 tỷ
4-5 BD · 84-417.6 m²
Gated Greek-inspired community with three-layer security — fewer secondary listings than delivered sub-zones. Units skew toward detached and semi-detached villas at the upper end of the OP3 low-rise price range.

Notable Places

Aqua Bay Water Park
Mini water park with water slides, adventure playground, and children's swimming areas. Part of the Paradise Bay waterfront zone.
Aqua Bay Water Park
Paradise Bay
12.3-hectare four-season artificial saltwater lagoon — the centerpiece of Ocean Park 3. Features swimming areas, jogging paths, fountains, and waterfront promenades. Surrounded by the Anh Duong, Vinh Thien Duong, and Pho Bien sub-areas.
Paradise Bay
Tropical Lagoon
2.8-hectare saltwater lake within the development. Provides a secondary waterfront focal point with landscaped surrounds.
Tropical Lagoon
Vinschool Ocean Park 3
Vinschool K-12 campus within the development providing kindergarten, primary, secondary, and high school education under the Vingroup education brand.
Vinschool Ocean Park 3

Projects by Developer

Growth Catalysts

  • 🚧Ring Road 4 parallel road targets September 2026 opening; June 2026 deadline missed (2026)
  • 🚧Imperia Ocean City – The Parkland (9 towers, 5,652 units) under construction at OP3; Q1/2029 handover (2029)
  • 🚀Hanoi Metro Line 8 breaks ground June 22, 2026 — Hung Yen extension targets 2030 completion (2030)
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This area scores 83 for Leisure Score · 77 for Family Score
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