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CapitaLand Development (Vietnam)
Hanoi's only lake-facing luxury tower managed by The Ascott on a 0.9 ha plot — 173 branded residences plus 202 SOHO units with 20-minute drive to Nội Bài via Nhật Tân Bridge.
CapitaLand Development's only luxury residential project in Hanoi, on a 0.9-hectare plot beside West Lake in Tây Hồ. Two towers totalling 375 units: the 173-unit Heritage West Lake Residences (2-4BR, duplex, penthouse) and the 202-unit SOHO @ Heritage West Lake (officetel/small-office-home-office). The Ascott manages daily operations. Direct lake-facing views, 40+ amenities including heated infinity pool, sky bar and sky lounge. Winner of PropertyGuru Vietnam 'Best Luxury Condo Development Hanoi' in 2019 and 2021.
Balanced for both homeowners and investors.
Hanoi's only CapitaLand-built lake-view tower directly on Hồ Tây, managed by The Ascott with UNIS International School 460m away — a combination unavailable anywhere else in the city. Residences entry has risen 30-40% above the 2019 launch price, foreign buyers face a 50-year leasehold ceiling with the quota effectively closed, and road noise from Lạc Long Quân is the consistent livability tradeoff.
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.
| Market range | 59 triệu – 258 triệu/m² |
| Unit price | 3,5 tỷ – 79 tỷ |
| Rent | 15 triệu – 75 triệu/mo |
| Launch price | 123 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Heritage West Lake | 165 triệu/m² | — |
| 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 |
Residences have appreciated 30-40% above the 2019 launch price; SOHO officetel resale has moved above the 2023 debut, with the strongest asking-price gains in smaller officetel units.
| Developer | CapitaLand Development (Vietnam) |
| Total Units | 375 |
| Towers | 2 |
| Launch Date | 2019 |
| Handover | 2024-Q3 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Pink Book % | 60% |
| Legal Notes | Vietnamese buyers get long-term (freehold) ownership; foreign buyers limited to 50-year renewable leasehold and the foreign-quota allocation is effectively closed. Pink books (sổ hồng) issuing progressively for Residences handed over from September 2024; approximately 60% of units processed as of April 2026. SOHO officetel units (50-year ownership tier) following on a slower track. CapitaLand is a Singapore-listed developer with a clean legal history in Vietnam, actively expanding its Northern portfolio (Lumi Hanoi, The Senique, The Fullton) without legal blockers. Hanoi-wide pink-book processing under the 2024 Land Law (50-day post-handover filing requirement on developers) is improving issuance speed. No legal disputes or blockers recorded. |
Heritage West Lake
| CBD (peak) | 27 min |
| CBD (off-peak) | 19 min |
| Airport (peak) | 29 min |
| Airport (off-peak) | 28 min |
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. The SOHO tower draws younger entrepreneurs and small-office tenants seeking a Tây Hồ business address.



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