Selling

Vinhomes Royal Island Vu Yen Hai Phong — Prices & Reviews

Name: Vinhomes Royal Island
Address: VN

Vingroup (Vinhomes JSC) & Nomura Real Estate Development

Under construction · Developer selling

Vietnam's only 877-hectare island city — 36-hole golf, VinWonders with safari, Vincom Mega Mall, Royal Marina, and 29.5-ha equestrian academy, all on one private island 5 minutes from Hải Phòng center.

🏗️ Construction · 2027🏢 8324 units

Vietnam's first island city spanning 877 hectares on Vũ Yên Island, Hải Phòng. Co-developed by Vinhomes and Japan's Nomura Real Estate, with select zones designed by architect Kengo Kuma. Comprises 11 themed residential zones with 8,324 low-rise units at 22.5% construction density, leaving 60% green space. Anchored by a 36-hole Vinpearl Golf championship course, VinWonders theme park with safari, Vincom Mega Mall, and Royal Marina — on a private island connected to Hải Phòng center via Royal Bridge in 5 minutes.

News & Updates

Vingroup won 51.6 ha land auction on Vũ Yên for 4,841 billion VND — 14 high-rise apartment towers confirmed

Market · Apr 2026 · cafef.vn

Vingroup won 51.6 ha land auction on Vu Yen Island for 4,841B VND — 14 apartment towers planned

Market · Apr 2026 · vnexpress.net

Hoang Gia zone completed handover in Q1 2026 — largest villa zone with 1,134 units now delivered

Construction · Apr 2026 · domo.vn

Lao Cai-Ha Noi-Hai Phong railway (160km/h) to begin construction Dec 2026

Infrastructure · Apr 2026 · nhandan.vn

Vincom Mega Mall Royal Island opened October 3, 2025 — the largest commercial amenity is now operational

Market · Apr 2026 · vingroup.net

Show all 18 updates

Quick Verdict

7.2

🏠 End-user

Solid

6

📈 Investor

Mixed

Better for long-term living than for investing.

Vietnam’s most ambitious island city is now materially operational — 8 of 11 zones delivered, VinWonders, Vincom Mega Mall, and Royal Bridge all open. Vingroup doubling down with a 4,841B VND apartment tower land auction. But deepening discounts (now up to 35%) and some loss-making resale listings signal demand hasn’t fully matched supply velocity. Long-term catalysts are strong: 160km/h railway to Ha Noi starting construction Dec 2026, 32 Hai Phong transport projects for 2026-2030.

Is this a good deal?

Project	Price	Distance
Vinhomes Imperia Hai Phong	45-48M VND/m2 resale — mature community, 200%+ appreciation since launch	Hai Phong city center — more urban but 78.5 ha vs 877 ha, no golf/VinWonders
Waterfront City Hai Phong	40-50M VND/m2 — smaller mixed-use project in Le Chan	25 ha in Le Chan District — more urban, fewer amenities, no island lifestyle
Hoang Huy Grand Tower	~25M VND/m2 apartments — completely different segment	Hong Bang District — apartment-focused mid-range, no lifestyle comparison

Score Breakdown

🏠 End-user

Risks

5.8

Value for money

6.5

Livability & family fit

7.5

Location & connectivity

6.8

Legal confidence

7.5

Quality & amenities

8.5

Why the scores differ

End-user: Good project with meaningful tradeoffs. Exceptional amenity ecosystem and Vingroup quality on an unprecedented 877 ha island, but Hai Phong is a secondary city, the community is still nascent with low occupancy, and the island's bridge-only access and flood exposure are real concerns. Strong for luxury buyers who specifically want Hai Phong island living; weaker for those prioritizing urban convenience or established neighborhoods.

Investor: Mixed investment case suitable only for long-term believers in Hai Phong's growth. Entry prices are steep for a secondary city (73-150M/m² vs 40-60M/m² local comparables), rental demand for luxury villas is untested and likely thin, and resale liquidity does not yet exist. The thesis depends on Hai Phong's industrial FDI continuing to drive city growth, but absorption of 8,300 luxury units plus 10,000 planned apartments is the central risk.

Should you buy here?

Best for:

✓Affluent families wanting self-contained island resort living with top-tier Vingroup amenities
✓Korean/Japanese expats working in Hai Phong industrial zones — dedicated schools and culturally designed zones
✓Golf and lifestyle enthusiasts with 15B+ budget seeking premium resort community
✓Retirees or semi-retired professionals wanting low-density, high-amenity living outside major cities

Not ideal for:

✗Anyone needing Hanoi commute — 100 km by expressway is not practical daily
✗Buyers wanting immediate urban convenience — island amenities won't be complete until 2027
✗Budget-conscious buyers under 7B VND
✗Families needing established school communities and social networks now, not in 2-3 years

Pros & Cons

Pros

✓877-ha island — unmatched scale in Vietnam
✓36-hole golf + VinWonders safari on-site
✓Perpetual freehold with pink books
✓5 min to Hải Phòng center via Royal Bridge
✓Kengo Kuma + Nomura Japanese quality

Cons

✗100 km from Hanoi — not commutable
✗Entry from 6.6B VND — high barrier
✗Only 2 bridges — bottleneck risk long-term
✗Premium pricing above Hải Phòng norms

Unit Types

Shophouse (small)

3 Beds · 2 Baths · 67–105 m²

6,6 tỷ - 15 tỷ

Growing families

Townhouse

3 Beds · 3 Baths · 75–186 m²

7 tỷ - 11 tỷ

Growing families

Semi-Detached Villa

4 Beds · 4 Baths · 180–240 m²

14 tỷ - 22 tỷ

Growing families

Shophouse (large)

4 Beds · 3 Baths · 105–160 m²

13 tỷ - 18 tỷ

Growing families

Detached Villa

5 Beds · 5 Baths · 270–400 m²

23 tỷ - 38 tỷ

Growing families

Mansion

6 Beds · 6 Baths · 440–730 m²

35 tỷ - 65 tỷ

Growing families

Project Details

Developer	Vingroup (Vinhomes JSC) & Nomura Real Estate Development
Construction	Construction
Completion	2027
Total Units	8324

Legal Information

Launch Date	2024-03
Handover	2024-11
Construction Permit	approved
Pink Book	partial
Legal Notes	Full legal documents including land use rights, construction permit, and investment permit. Pink books issued upon handover. Perpetual freehold ownership. 8 of 11 zones now delivered: Tai Loc, Miyabi (Nov 2024), Dao Vua, Golf Land, Quy Toc, Komorebi (~Q3 2025), Dao Thien Duong townhouses (Nov 2025), and Hoang Gia (Q1 2026). Pink books being issued progressively as zones are delivered.

Amenities

👨‍👩‍👧 Family: Vinschool with 7 campuses from kindergarten through secondary. Korean International School on-site. Vinmec international polyclinic within the development. 31 themed parks across the island. Home medical service for residents.

🏋️ Fitness: 36-hole Vinpearl Golf championship course (Marsh + Lake, designed by IMG, spanning 160 ha). Vinpearl Horse Academy (29.5 ha, 100+ horses, international-standard training). 10 resort-style swimming pools with saltwater lagoons. Tennis and basketball courts.

🏖️ Lifestyle: VinWonders theme park (~20 ha) with safari zoo housing 2,000+ animals across 67+ species. Royal Marina yacht harbor (10 ha, 300-boat capacity) with clubhouse and waterfront dining. K-Park Korean cultural park. 3-km RiverWalk promenade. Royal Palace wedding convention center.

🛒 Convenience: Vincom Mega Mall Royal Island (55,000 m², 4 above-ground floors, 2 basements) with 50+ F&B brands and AEON cinema. Shophouse streets in multiple zones for daily shopping. Security-gated communities. Private saltwater beaches in most zones.

Pets🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🎾 Tennis Court🛍️ Shopping Mall🏀 Basketball CourtShophouse Street🏍️ Motorbike Parking⚽ Multi-Purpose Court

Location & Commute

Vinhomes Royal Island

5 min

CBD

15 min

Airport

CBD (peak)	8-12 min to Hải Phòng center via Royal Bridge
CBD (off-peak)	5 min to Hải Phòng center via Royal Bridge
CBD (motorbike)	7-10 min to Hải Phòng center
Airport (peak)	20-25 min to Cát Bi Airport
Airport (off-peak)	15 min to Cát Bi Airport

🚇

Metro

No metro system in Hải Phòng

🛍️

Mall

Vincom Mega Mall Roy…

🏫

Schools

2 nearby

🏥

Hospitals

2 nearby

Major Roads

Royal BridgeVũ Yên Bridge 1 — connects to Thủy Nguyên cityHà Nội–Hải Phòng ExpresswayNational Highway 5A

🔇 Low Noise🌊 Moderate Flood✈️ No Flight Path🛣️ Not Near Highway🏠 None Airbnb

Affluent Vietnamese families, golf enthusiasts, and a growing Korean and Japanese expat community drawn by Hải Phòng's industrial zones and Nomura-designed residential areas. Population capacity of ~33,500 across 8,324 low-rise units.

🏫 International Schools

•Vinschool Royal Island (7 campuses — kindergarten to secondary, within project)
•Korean International School (within project)

🏥 Hospitals

•Vinmec International Polyclinic (within project)
•Vinmec Hải Phòng International Hospital (~15 min)

Things to consider (not deal breakers)

⚠️ Traffic

Two bridge access points (Royal Bridge and Vũ Yên Bridge 1) serve the island. Sufficient for the ear...

Two bridge access points (Royal Bridge and Vũ Yên Bridge 1) serve the island. Sufficient for the early resident base but could bottleneck as population approaches 33,500. A third bridge connection is planned to address long-term capacity.

→ Royal Bridge (2.2 km, 4 lanes) provides 5-minute direct connection to Hải Phòng center. Vũ Yên Bridge 1 connects to Thủy Nguyên city. Third bridge planned for long-term capacity. Internal traffic stays manageable with only 22.5% construction density.

🌊 Flood Risk

Island location in the Cam River delta presents inherent flood exposure. The entire island is elevat...

Island location in the Cam River delta presents inherent flood exposure. The entire island is elevated with engineered landfill, and comprehensive drainage and perimeter dyke systems are in place. Northern Vietnam's typhoon season (July–October) is the primary concern.

→ Entire island elevated with engineered landfill. Comprehensive drainage and perimeter dyke system surrounds the island. 60% of project area is green space and water features, serving as natural flood buffers.

🚧 Construction

Near active construction sites