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Explore Vietnam
Vingroup
Under construction · Developer selling · Pink books 70%
Hanoi's largest self-contained smart township — 280 ha with Vincom Mall, Vinschool, Vinmec, 3 parks spanning 26.8 ha, and Metro Line 5 under construction at the doorstep.
280-hectare mega-township in West Hanoi by Vingroup, one of the largest urban developments in the capital. 58 apartment towers across 13 subdivisions — from entry-level Sapphire to premium Lumière Evergreen — plus villas and shophouses. Features a 10.2-hectare Central Park with artificial beach lake, 6.1-hectare Japanese Zen Park, 10.5-hectare Sportia sports complex, Vincom Mega Mall (68,000 m²), Vinschool K-12, and Vinmec International Hospital. Strong expat community, especially Korean and Japanese residents. Positioned at the planned intersection of Metro Lines 5, 6, and 7, with Line 5 (Văn Cao–Hòa Lạc) under construction.
Balanced for both end-users and investors.
Best self-contained township in West Hanoi — unmatched Vingroup ecosystem with Vincom, Vinschool, Vinmec and 3 major parks across 280 hectares. Metro Line 5 officially under construction since Dec 2025 strengthens the long-term thesis. Tradeoff: 40-50 min peak CBD commute and high density at 40,000+ units.
| Project | Price | Distance |
|---|---|---|
| Vinhomes Ocean Park 1 | 45-95M/m2 — 15-20% cheaper on average | East Hanoi (Gia Lam), 20+ km from CBD. Crystal Lagoon saltwater beach. |
| Vinhomes Wonder City (Đan Phượng) | 55-80M/m2 — newer, comparable pricing | Northwest Hanoi, further from CBD. Fewer delivered units. |
| The Manor Central Park | 80-100M/m2 — 10-15% premium | South Hanoi (Hoang Mai), closer to CBD. Smaller scale. |
End-user: Good project with solid choice and meaningful tradeoffs. The Vingroup self-contained ecosystem (Vincom, Vinschool, Vinmec, 3 parks) is genuinely excellent for family living in West Hanoi. However, 40-50 minute peak CBD commute, high density at 40,000+ units, and soundproofing complaints keep it from the 8.0+ range. Strong legal position with 70% pink books issued and Vingroup track record.
Investor: Good investment with solid fundamentals and meaningful tradeoffs. Exceptional liquidity (~4,000 transactions/year) and strong expat rental demand are clear strengths. Entry price is no longer cheap after 100-150% appreciation since 2018, and rental yield at 2.5-3.5% is modest. Metro catalyst (Lines 5/6/7) could provide next leg of appreciation but is 2030+ and uncertain. High supply from ongoing new phases is a risk factor.
| Developer | Vingroup |
| Construction | Construction |
| Completion | 2020 |
| Total Units | 40000 |
| Towers | 58 |
| Launch Date | 2018-11 |
| Handover | 2020 |
| Construction Permit | approved |
| Pink Book | partial |
| Pink Book % | 70% |
| Legal Notes | Delivered phases (Sapphire 1-4, Grand Sapphire, Sakura, Victoria, Tonkin, Imperia) have received or are receiving pink books. Newer phases (Sola Park, Canopy, Lumiere) will receive certificates 9-12 months after handover per standard timeline. |
Vinhomes Smart City
| CBD (peak) | 40-50 min to Hoàn Kiếm district |
| CBD (off-peak) | 25-30 min to Hoàn Kiếm district |
| CBD (motorbike) | 30-40 min to Hoàn Kiếm district |
| Airport (peak) | 50-60 min to Nội Bài Airport |
| Airport (off-peak) | 35-40 min to Nội Bài Airport |
Mixed community of young Vietnamese professionals, families, and a sizable expatriate population — particularly Korean, Japanese, and Western expats working in West Hanoi's Mỹ Đình–Cầu Giấy business corridor. Active resident groups and a well-established neighborhood feel in the earlier subdivisions.
