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.
💰 3 tỷ – 46 tỷ📏 170 triệu/m²🏗️ Delivered · 2024🏢 375 units
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.
News & Updates
Hanoi Metro Line 2 finally broke ground October 2025, full operation now pushed to 2030-2031
Infrastructure · Apr 2026 · tuoitre.vn
Pink books (sổ hồng) flowing to Residences owners who took handover in late 2024
Legal · Apr 2026 · heritagewestlakes.vn
Heritage Residences resale ceiling pushes to 175M/m2 for premium lake-view units in Q1 2026
Price · Apr 2026 · batdongsan.com.vn
Class A Tây Hồ pricing ceiling reset to 180M/m2 as Sun Feliza and Starlake top out
Family suitability: schools, hospitals, parks, safety
Quick Verdict
8
🏠 End-user
Good
7.5
📈 Investor
Good
Better for long-term living than for investing.
Hanoi's only true lake-frontage trophy address, CapitaLand-built with Ascott service and pink books now flowing. Tradeoff: Residences entry is still 12.5+ billion VND, the foreign leasehold quota is effectively closed, and yields cap out around 5%.
Is this a good deal?
🟢 ~11% cheaper than comparable projects
Project
Price
Distance
Heritage West Lake
170 triệu/m²
—
Noble Crystal Tay Ho
190 triệu/m²
1.7 km
Score Breakdown
🏠 End-user
Risks
8.2
Value for money
7.2
Livability & family fit
8.3
Location & connectivity
7.8
Legal confidence
7.8
Quality & amenities
8.7
📈 Investor
Value for money
7.2
Location & demand
8
Legal confidence
7.3
Downside risk
7.3
Rental strength
7.8
Liquidity
7
Long-term growth
7.8
Why the scores differ
End-user: Delivered luxury lake-view tower with CapitaLand build quality, Ascott management, strong family amenities and international schools nearby. Balanced down by incomplete pink-book progress, no operating metro, and high entry ticket.
Investor: Irreplaceable Tây Hồ lake-view address with durable demand from expats and UHNW Vietnamese, but luxury segment means narrow buyer pool, 4-5% gross yield is decent not exceptional, and foreign ownership quota constrains exit liquidity.
Price & Market
Current Market Price
170 triệu/m²
📈+21% since launch
Market range
65 triệu – 170 triệu/m²
Unit price
3 tỷ – 46 tỷ
Rent
25 triệu – 150 triệu/mo
Launch price
140 triệu/m²
Est. Rental Yield10.0%
Rental Prices
0 Beds
18 triệu – 25 triệu/mo
1 BR
22 triệu – 30 triệu/mo
2 BR
28 triệu – 65 triệu/mo
3 BR
60 triệu – 90 triệu/mo
4 Beds
80 triệu – 150 triệu/mo
•🟢 Residences resale has firmed to 125-175M/m2 — still Hanoi's price ceiling alongside D'. Le Roi Soleil, and the only true lake-frontage luxury stock in the city
•🟢 SOHO has appreciated to 63-78M/m2 — 5-20% above its March 2023 launch, validated by the 100% sell-through at the exclusive launch event
•🟢 Tây Hồ rental demand rose roughly 20% through 2025 on new embassy activity and expat intake — Residences 2-3BR units clear at 45-90M/month furnished
•🟡 Gross rental yield still only 4-5% — respectable for ultra-luxury but below Vinhomes mass-market investment products
•🔴 Foreign 50-year leasehold quota is effectively full — non-Vietnamese buyers chasing resale from current foreign owners face a narrow, slow exit
•🟡 Metro Line 2 only broke ground October 2025 with 2030-2031 operation — the walkable-metro story for Heritage is still at least 4-5 years out
Should you buy here?
Best for:
✓UHNW Vietnamese families wanting Hanoi's best lake-view address with hotel-grade service
✓Expat executives on multi-year Hanoi postings near Tây Hồ embassies and UNIS
✓Families prioritising international schools, low noise and low flood risk over large gated estates
✓Entrepreneurs wanting a SOHO work-live base at a prestige lake address from ~3 billion VND
Not ideal for:
✗Buyers under 3 billion VND — SOHO studios are the entry point
✗Metro-dependent commuters — nearest operating line is 3+ km away
✗Families wanting a large gated township with internal roads and parks
✗Foreign buyers who require freehold ownership rather than 50-year leasehold
Market Trends
↑ Up 21% since launch (140 triệu → 170 triệu/m²)
140 triệu/m²→170 triệu/m²
Prices increased from 140 triệu → 170 triệu/m²
Luxury Hồ Tây pricing continues to set the Hanoi ceiling: Residences resale ticked up ~5% through 2025 to 125-175M/m2 while SOHO firmed at 63-78M/m2. Supply is fixed, pink books are flowing to handed-over Residences units, and Tây Hồ rental demand climbed ~20% on new diplomatic and expat intake.
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
✗Residences start at 11+ billion VND
✗Foreigners limited to 50-year leasehold
✗No operating metro within walking distance
✗Single-plot tower, not a large gated estate
Unit Types
Studio (SOHO)
0 Beds · 1 Baths · 45–46 m²
3 tỷ - 3,2 tỷ
Rent: 18 triệu - 25 triệu/mo
Singles & couples
1BR (SOHO)
1 Beds · 1 Baths · 55–60 m²
3,5 tỷ - 4,2 tỷ
Rent: 22 triệu - 30 triệu/mo
Singles & couples
2BR (Residences)
2 Beds · 2 Baths · 94–109 m²
11,5 tỷ - 16 tỷ
Rent: 45 triệu - 65 triệu/mo
Young families
2BR (SOHO)
2 Beds · 2 Baths · 82–88 m²
5 tỷ - 6,3 tỷ
Rent: 28 triệu - 38 triệu/mo
Young families
3BR (Residences)
3 Beds · 3 Baths · 145–165 m²
18 tỷ - 28 tỷ
Rent: 60 triệu - 90 triệu/mo
Growing families
4BR (Residences)
4 Beds · 4 Baths · 180–200 m²
25 tỷ - 36 tỷ
Rent: 80 triệu - 110 triệu/mo
Growing families
Duplex / Penthouse (Residences)
4 Beds · 5 Baths · 220–330 m²
30 tỷ - 46 tỷ
Rent: 100 triệu - 150 triệu/mo
Growing families
Project Details
Developer
CapitaLand Development (Vietnam)
Construction
Delivered
Completion
2024
Total Units
375
Towers
2
Legal Information
Launch Date
2019
Handover
2024-Q3
Construction Permit
approved
Pink Book
partial
Pink Book %
55%
Legal Notes
Vietnamese buyers get long-term (freehold) ownership; foreign buyers limited to 50-year renewable leasehold with quota already heavily drawn down. Pink books (sổ hồng) issuing progressively since early 2025 for Residences handed over in September 2024; SOHO units following behind on a delayed track. CapitaLand is a Singapore-listed developer with a clean legal history 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
Location & Commute
Heritage West Lake
15-20 min
CBD
20-25 min
Airport
CBD (peak)
25-35 min via Âu Cơ or Thanh Niên
CBD (off-peak)
15-20 min via Âu Cơ
CBD (motorbike)
15-20 min via West Lake perimeter
Airport (peak)
30-40 min via Võ Chí Công + Nhật Tân Bridge
Airport (off-peak)
20-25 min via Võ Chí Công + Nhật Tân Bridge
🚇
Metro
3 km
🛍️
Mall
Lotte Mall West Lake… 2.5km
🏫
Schools
4 nearby
🏥
Hospitals
3 nearby
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
🔇 Low Noise🌊 Low Flood✈️ No Flight Path🛣️ Not Near Highway🏠 Low Airbnb
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.
🏫 International Schools
•UNIS Hanoi (United Nations International School) — 4 km via Ciputra
•Hanoi Academy — 3 km in Ciputra
•Concordia International School — 4 km Tây Hồ
•SIS Ciputra — 3 km
🏥 Hospitals
•Vinmec Times City — 9 km (top private hospital)
•Hong Ngoc General Hospital Phúc Trường Minh — 5 km
•Bach Mai Hospital — 10 km
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.
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This area scores 90 for Lifestyle Score · 78 for Family Score
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