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Heritage West Lake/Residences

Delivered 2024

Residences - Heritage West Lake

Name: Residences
Address: VN

Delivered 2024

The only lake-facing luxury residential tower in Hanoi under CapitaLand Singapore branding with Ascott hotel service.

💰 13 tỷ – 79 tỷ📏 165 triệu/m²🏗️ Delivered 2024🏢 175 units

The 173-unit luxury residential tower — 25 storeys, 4 basements, 2-4 bedroom apartments plus duplex and penthouse units of 94-330 m². Gessi, Villeroy & Boch, Smeg fittings throughout. The Ascott manages concierge and hotel-grade services. Back-to-back PropertyGuru 'Best Luxury Condo Hanoi' in 2019 and 2021.

Project news

Heritage West Lake Residences: Pink book (ownership certificate) issuance has begun

Legal · Dec 2024 · domo.vn

Neighborhood

76*

Family Score

Good

85*

Leisure Score

Excellent

Convenience

Good

Health

Average

Transit Access

Good

metro 4.4 km away; nearest station 651 m; bus stop 36 m.

Nightlife

Below Avg

Quietness

Below Avg

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.6

🏠 Homeowner

Good

7.5

📈 Investor

Good

Balanced for both homeowners and investors.

Hanoi's top-tier lake-view address — the only CapitaLand-built luxury tower directly on Hồ Tây, with Ascott hotel service and 20-min airport runs. Tradeoff: Residences entry is 11-13 billion VND and foreigners only get 50-year leasehold, so it is not a capital-preservation play for expats.

🏠 Homeowner

Value

7.7

Livability

7.8

Legal & delivery

7.3

Location & connectivity

7.6

📈 Investor

Value

7.7

Returns & exit

7.8

Legal & delivery

7.3

Location & demand

7.2

Why the scores differ

Homeowner: A strong choice for homeowners prioritizing Hanoi's premier lake-view address. CapitaLand-built with Ascott hotel-grade management, UNIS International School 460m away, and an active F&B strip at the door — a combination unavailable elsewhere in Hanoi at this tier. The genuine tradeoffs are road noise from Lạc Long Quân and no operating metro within 3 km (Metro Line 2 station C7 Hồ Tây targets 2029).

Investor: A durable investment anchored by an irreplaceable West Lake address and proven expat rental demand. SOHO officetel units at 60-90M/m² yield 4-6% gross from diplomat and short-stay tenants; Residences yield sits closer to 3-4% given higher entry prices. The foreign-ownership quota is effectively closed, narrowing the buyer pool for resale and extending exit timelines.

Price & Market

Current Market Price

165 triệu/m²

Market range	120 triệu – 258 triệu/m²
Unit price	13 tỷ – 79 tỷ
Rent	25 triệu – 75 triệu/mo

Est. Rental Yield1.3%

•🟢 Residences at 120-170M/m2 resale is the ceiling for Hanoi apartments — only Lotte Center/D'. Le Roi Soleil compare, and both lack the lake frontage
•🟢 SOHO launched at ~63M/m2 and held value near 65-75M/m2 — the tower's 100% booking at launch signals real demand, not developer spin
•🟡 Rental yield 4-5% gross is decent for super-luxury but won't beat a Vinhomes Ocean Park investment unit at ~6%
•🔴 Foreign-ownership quota fills fast and resale to non-Vietnamese is capped — plan your exit accordingly
•🟡 Tây Hồ Tây administrative relocation and Metro Line 2 completion should tighten pricing further but timelines keep slipping

Is this a good deal?

🟢 ~24% cheaper than comparable projects

Project	Price	Distance
Residences	165 triệu/m²	—
Heritage West Lake	165 triệu/m²	0 km
Ciputra Hanoi	305 triệu/m²	1.4 km
Noble Crystal Tay Ho	200 triệu/m²	1.7 km
Starlake	195 triệu/m²	2.2 km

Should you buy here?

Best for:

✓UHNW Vietnamese families wanting Hanoi's best lake-view address with hotel-grade service
✓Expat executives on Tây Hồ embassy or UNIS postings of 3+ years
✓Entrepreneurs wanting a prestige SOHO work-live address with West Lake views

Not ideal for:

✗Metro-dependent commuters — nearest operating line is 3+ km until 2029
✗Buyers with total budget under 3 billion VND
✗Buyers expecting large gated-estate grounds or township-scale greenery

Pros & Cons

Pros

✓Direct lake-facing plot on 677 Lạc Long Quân
✓20 min to Nội Bài via Nhật Tân Bridge
✓The Ascott hotel-grade management
✓CapitaLand Singapore build quality
✓Only 375 units on 0.9 ha — low density

Cons

✗Foreigners limited to 50-year leasehold
✗Single-plot tower, not a large gated estate
✗Residences entry now around 13.5+ billion VND for the cheapest 3BR resale tickets
✗No operating metro yet — Line 2 station C7 Hồ Tây only opens with full-line operation in 2029

Unit Types

2BR

2 Beds · 2 Baths · 92.9–94.8 m²

13 tỷ – 16 tỷ

155 triệu/m²

Rent: 35 triệu - 40 triệu/mo

Young families

3BR

3 Beds · 3 Baths · 144.5–149 m²

23 tỷ – 30 tỷ

178 triệu/m²

Rent: 45 triệu - 70 triệu/mo

Growing families

4BR

4 Beds · 4 Baths · 180–181 m²

26 tỷ – 35 tỷ

168 triệu/m²

Rent: 45 triệu - 75 triệu/mo

Growing families

Duplex

4 Beds · 4 Baths · 267 m²

60 tỷ – 69 tỷ

242 triệu/m²

Growing families

Penthouse

5 Beds · 5 Baths · 327–365 m²

70 tỷ – 79 tỷ

228 triệu/m²

Growing families

Project Details

Status	Delivered 2024
Completion	2024
Total Units	175
Towers	1

Legal Information

Launch Date	2019
Handover	2024-09
Construction Permit	Approved
Pink Book	Partial
Pink Book %	50%
Legal Notes	Vietnamese buyers get long-term (freehold) ownership; foreign buyers get 50-year renewable leasehold. Red books (sổ hồng) being issued progressively from handover in September 2024. CapitaLand is a listed Singapore developer with strong legal track record in Vietnam.

Amenities

👨‍👩‍👧 Family: On-site kindergarten, 500 m² children's play area, heated outdoor pool safe year-round. Multiple international schools within 4 km including UNIS, Concordia, Hanoi Academy.

🏋️ Fitness: Heated infinity outdoor pool, indoor pool, fully equipped gym, yoga room, sauna and steam room. Jogging paths on West Lake perimeter just outside the gate.

🏖️ Lifestyle: Sky bar and sky lounge with wine and cigar room on the upper floors. BBQ garden and waterfront promenade on the podium. Kindergarten and retail on floors 1-6.

🛒 Convenience: Four basement parking levels, 24/7 Ascott concierge, co-working space, retail and F&B on floors 1-6. Direct Lạc Long Quân frontage with taxi and Grab access.

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🏍️ Motorbike Parking🏊 Pool♨️ SaunaLoungeRooftop🛗 Elevator🏛️ Clubhouse🛎️ Concierge🌿 Sky GardenSteam Room🏋️ Gym

Location & Commute

Residences, Heritage West Lake

🚇

Metro

Suoi Tien Terminal Station

1138.3km

🛍️

Mall

Mythological Sculpture Garden

Planned on-site

🛒

Supermarket

Lotte Mart Tây Hồ

Nearby

🏫

Schools

International French School of Ho Chi Mi…

1144.5km

🏥

Hospitals

Bệnh viện đa khoa Quốc Tế Hoàn Mỹ Thủ Đứ…

1137.0km

🌳

Park

Royal Castle Indoor Kids Play

Planned on-site

Major Roads

Lạc Long Quân — direct frontage, main Tây Hồ arterialVõ Chí Công — elevated road to Nhật Tân Bridge, ~1 kmÂu Cơ dike road — riverside route to Old QuarterNhật Tân Bridge — 2 km to airport expressway

🔇 High Noise🛣️ Near Highway

Ultra-high-net-worth Vietnamese buyers, senior expats (Korean, Japanese, Singaporean executives), and diplomats working near Tây Hồ's embassy corridor. Mix of owner-occupiers and long-stay serviced residents via Ascott. SOHO tower draws younger entrepreneurs and small-office tenants.

Things to consider (not deal breakers)

⚠️ Traffic

Lạc Long Quân and Âu Cơ get congested at rush hour, particularly around the Xuân Diệu junction. Nhật...

Lạc Long Quân and Âu Cơ get congested at rush hour, particularly around the Xuân Diệu junction. Nhật Tân Bridge approach is usually clear and makes airport runs unusually fast for a Hanoi address.

→ Project sits on a main road with multiple escape routes (Võ Chí Công, Âu Cơ, Lạc Long Quân). Nhật Tân Bridge gives direct airport access avoiding city center.

🌊 Flood Risk

Phú Thượng sits above Red River dike level and has no flood history. Tây Hồ in general is among the ...

Phú Thượng sits above Red River dike level and has no flood history. Tây Hồ in general is among the safest wards in Hanoi for flooding due to elevation and mature drainage.

→ Plot elevation is above Red River dike level. Tây Hồ has never reported meaningful residential flooding in modern records.