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2 of 3 delivered
Vingroup
2 of 3 sub-zones delivered · 1 upcoming 2026
Northwest Hanoi's first full-ecosystem Vinhomes mega-township — 133ha with Vinschool, Vinmec, Vincom Mega Mall, and 99 amenities at the convergence of Ring Road 4, Tay Thang Long Boulevard, and 2 new Red River bridges.
Vingroup's 133.4-hectare mega-township in Dan Phuong district, northwest Hanoi, spanning Tan Hoi and Lien Trung communes along the Red River. Two distinct districts: Hừng Đông (Wonder Avenue), an open neighborhood of townhouses and shophouses in Indochine style, and Bình Minh (Wonder Bay), a gated compound of twin and detached villas in Manhattan and French classical styles. Masteri Sky Quarter by Masterise Homes adds 3 residential clusters — Sky Tower (2 towers of 16 and 22 stories), River Quarter (64 MultiLex units), and Park Quarter. Only 26.7% construction density, 99 amenities across 24.9ha of themed parks, and the full Vingroup ecosystem: Vinschool (4 campuses), Vinmec hospital, Vincom Mega Mall. Positioned at the convergence of Ring Road 4, Tay Thang Long Boulevard, Thuong Cat Bridge, and Hong Ha Bridge.
Better for long-term living than for investing.
A well-executed Vinhomes mega-township with its ecosystem partly open — Vinschool K-12 and five themed parks are already delivering, Vincom Mega Mall is targeting September 2026, and Vinmec is on the longer-horizon plan. The binding constraint is location: Dan Phuong sits 20km northwest of central Hanoi, peak commutes run 50-70 minutes by car, and pink books are still pending across all sub-zones.
Homeowner: A solid homeowner choice for families who want the full Vingroup ecosystem in one place. Five themed parks, Athletic Park with an Olympic-standard pool, and Vinschool K-12 are already operating within the development, with Vincom Mega Mall targeting a September 2026 opening and Vinmec hospital on the longer-horizon plan. The honest compromises: a 50-70 minute peak commute to central Hanoi, pink books pending across all sub-zones (Vinhomes' typical 1-3 year post-handover timeline applies), and Vinmec still without a confirmed construction start date.
Investor: A medium-horizon infrastructure play, not a yield investment. Tay Thang Long Boulevard (open March 2026) and Ring Road 4 service roads (open June 2026) have delivered near-term access relief, with Thuong Cat Bridge (2027) and Hong Ha Bridge (Q1 2028) as the next connectivity milestones. Thin Dan Phuong rental demand and a quan upgrade now pushed to 2030 limit near-term income and sentiment support — the thesis requires a 3-5 year hold for the infrastructure story to fully price in.
| Unit price | 1,9 tỷ – 92 tỷ |
| Launch price | 70 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Vinhomes Wonder City | 69 triệu/m² | — |
| Vinhomes Smart City | 25-40% more expensive for comparable apartment sizes | 10km closer to the CBD in Tay Mo, with Metro Line 3 under 2km — meaningfully better transit and commute |
| Ecopark | Similarly priced in the mid segment for apartments | Comparable suburban eco-township model in Van Giang (Hung Yen), 25km east of Hanoi — similar commute challenge, more mature external neighborhood |
Pricing is largely anchored to launch levels with thin secondary data from newly handed-over units; Masteri Sky Quarter primary pricing eased slightly to market mid.
| Developer | Vingroup |
| Status | 2 of 3 delivered |
| Completion | 2027 |
| Total Units | 2219 |
| Towers | 4 |
| Launch Date | 2025-03 |
| Handover | 2026-04 |
| Construction Permit | Approved |
| Pink Book | pending |
| Legal Notes | All major permits secured: master plan approved Dec 2015 (re-approved Feb 2020), construction permit No. 43/GPXD (Jun 2019), land allocation 1.2M m² granted Nov 2024. Sales eligibility confirmed Mar 2025 by Hanoi Dept. of Construction (doc 1893/SXD-QLN). Long-term ownership (sổ đỏ) for Vietnamese citizens; quota of 250 low-rise units approved for foreign sale (50-year ownership with one renewal allowed). Pink books pending — Wonder Avenue and Wonder Bay low-rise handovers began Mar-Apr 2026. Pink book issuance expected 1-3 years post-handover per Vinhomes norms. June 2026 search: no new pink book issuance confirmed for any sub-zone. |
Vinhomes Wonder City
| CBD (peak) | 49 min |
| CBD (off-peak) | 44 min |
| Airport (peak) | 52 min |
| Airport (off-peak) | 50 min |
Vingroup ecosystem buyers and young professional families seeking suburban space without sacrificing amenities. The mix spans first-time low-rise homeowners drawn to the Vinhomes brand, villa buyers prioritizing space and privacy in the Wonder Bay sub-zone, and younger professionals drawn to Masteri Sky Quarter's apartment product with premium finishes.
