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Explore VietnamVietnam International Urban Development JSC (VIDC) — Perdana ParkCity (Malaysia) and Vinaconex Hoàng Thành
The largest fully built Malaysian-style master-planned township inside Hanoi's Ring Road 3.5 — gated low-density villas and townhouses around an 11-hectare park, with an on-site UK-curriculum international school and Park Kiara apartments delivering the sub-zone format that has been hard to find elsewhere in west Hanoi.
A 77-hectare master-planned township by Vietnam International Urban Development (VIDC) — a Perdana ParkCity Malaysia / Vinaconex Hoàng Thành joint venture — at the Lê Trọng Tấn / Tố Hữu junction in Hà Đông, modeled after Desa ParkCity in Kuala Lumpur. The plan combines roughly 952 villas and townhouses across branded low-rise enclaves (Nadyne Gardens, Evelyne Gardens, The Mansions, Le Jardin) with high-rise condominiums Park Kiara and Parc Régent, anchored by the 11 ha central park, the LINC retail mall, the ParkCity Club, and an on-site UK-curriculum international school.
Balanced for both homeowners and investors.
The benchmark Malaysian-style township for west Hanoi families — fully delivered, with an on-site UK-curriculum international school and the only inner-ring villa product anchored by an 11ha park. The daily tradeoff is the Tố Hữu / Lê Văn Lương peak-hour congestion, entry pricing 21% above the upper-mid peer median, and Parc Régent's 122M/m² primary print resetting the township's per-m² benchmark 30-40% above Park Kiara secondary.
Homeowner: A solid choice for homeowners — west Hanoi's most-delivered Malaysian-style township, with an on-site UK-curriculum international school, an 11ha central park inside the gates, the LINC mall and ParkCity Club, and pink-book coverage across the four delivered low-rise sub-zones plus Park Kiara. Held back from the top band by Hanoi's most reliably congested commute corridor (Tố Hữu / Lê Văn Lương adds 15-20 minutes northbound at peak), 'high' ambient noise rating, and a 4km gap to the nearest metro at Yên Nghĩa.
Investor: A patient hold rather than a quick flip. Multi-segment resale is real — Park Kiara at 105-110M/m² secondary, Mansions townhouses at 30-65B, Le Jardin villas at 43.5-100B — backed by an expat-and-school-family tenant pool that already produces a working rental market. The constraint is yield: Park Kiara grosses sub-3%, pricing now overlaps prime Tây Hồ apartments, and the new Parc Régent primary at 122M/m² has reset the per-m² benchmark 30-40% above Park Kiara — short-horizon upside is largely priced in. Ring Road 4 technical opening in Q2/2026 and the Ring Road 3.5 × Thăng Long interchange complete the credible 5+ year repricing case.
| Market range | 93 triệu – 145 triệu/m² |
| Unit price | 8,6 tỷ – 19 tỷ |
| Rent | 15,5 triệu – 28 triệu/mo |
| Launch price | 83 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| ParkCity Hanoi | 115 triệu/m² | — |
| Vinhomes Smart City | Lower per-m² for apartments, similar villa pricing | Bigger 280ha Vingroup township further west on Đại lộ Thăng Long — more amenities, but newer and less landscape-mature than ParkCity |
| An Khánh - Splendora (Bắc An Khánh) | Comparable villa pricing, lower density | 264ha Posco / Vinaconex venture in Hoài Đức — bigger park areas, but partial buildout and longer commute to central Hanoi |
| Geleximco Lê Trọng Tấn (Khu A & C) | Lower — older townhouses without gated branding | Sprawling Geleximco low-rise zones along Lê Trọng Tấn — same corridor but no community amenities or international school |
Delivered villas and Park Kiara have moved from primary launches into a stabilised owner-occupier resale market, while Parc Régent introduces a step-up primary band that pulls the project's per-m² benchmark upward. Expect Le Jardin and Mansions resale to drift higher as Parc Régent execution proves out.
| Developer | Vietnam International Urban Development JSC (VIDC) — Perdana ParkCity (Malaysia) and Vinaconex Hoàng Thành |
| Total Units | 7000 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Delivered low-rise sub-zones (Nadyne Gardens, Evelyne Gardens, The Mansions, Le Jardin) and Park Kiara apartments carry long-term residential pink books for Vietnamese citizens (50-year for foreign buyers). Parc Régent pink books pending — the phase only broke ground 24 March 2026 with Ecoba Vietnam as general contractor. Earlier Hanoi Inspectorate review of historical land-allocation procedures (2024) did not invalidate the existing certificates; no new enforcement action surfaced in 2025-2026 searches. |
ParkCity Hanoi
| CBD (peak) | 43 min |
| CBD (off-peak) | 33 min |
| Airport (peak) | 67 min |
| Airport (off-peak) | 59 min |
Established western-Hanoi family community — Malaysian and Korean expats, returning Vietnamese diaspora buyers, and senior managers from the western corporate corridor (Keangnam, Charmvit, Trung Hòa - Nhân Chính). The on-site international school is the primary draw for school-age families, while Park Kiara and Parc Régent attract younger high-income professionals who want gated-community amenities without leaving the inner ring.
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