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2 of 3 delivered
Vingroup
2 of 3 sub-zones delivered · 1 upcoming 2026
Northwest Hanoi's first full-ecosystem Vinhomes mega-township — 133ha with Vinschool, Vinmec, Vincom Mega Mall, and 99 amenities at the convergence of Ring Road 4, Tay Thang Long Boulevard, and 2 new Red River bridges.
Vingroup's 133.4-hectare mega-township in Dan Phuong district, northwest Hanoi, spanning Tan Hoi and Lien Trung communes along the Red River. Two distinct districts: Hừng Đông (Wonder Avenue), an open neighborhood of townhouses and shophouses in Indochine style, and Bình Minh (Wonder Bay), a gated compound of twin and detached villas in Manhattan and French classical styles. Masteri Sky Quarter by Masterise Homes adds 3 residential clusters — Sky Tower (2 towers of 16 and 22 stories), River Quarter (64 MultiLex units), and Park Quarter. Only 26.7% construction density, 99 amenities across 24.9ha of themed parks, and the full Vingroup ecosystem: Vinschool (4 campuses), Vinmec hospital, Vincom Mega Mall. Positioned at the convergence of Ring Road 4, Tay Thang Long Boulevard, Thuong Cat Bridge, and Hong Ha Bridge.
Balanced for both homeowners and investors.
Vinhomes Wonder City is northwest Hanoi's first full-ecosystem mega-township — Vinschool K-12, five themed parks, and a 33-court sports complex are operating today, with Vincom Mega Mall targeting September 2026 and three infrastructure catalysts queued for 2026-2028. The primary tradeoffs are a 50-70 minute peak-hour drive to central Hanoi, pink books still 1-3 years away, and high ambient noise from local commercial activity on parts of the boundary.
Homeowner: A solid choice for homeowners valuing green space and the full Vingroup ecosystem over CBD proximity. Vinschool K-12, a 3.65ha sports complex with an Olympic pool, and five themed parks are already operating at a low 26.7% construction density — tier-1 execution by both Vinhomes and Masterise Homes. The main tradeoffs: a 50-70 min peak-hour drive to central Hanoi, Vincom Mega Mall not yet open (September 2026 target), noise rated high from local commercial activity on parts of the boundary, and the pink book still 1-3 years away.
Investor: An infrastructure-led bet on northwest Hanoi urbanization, priced 18% below luxury peers. The near-term rental market is thin — Đan Phượng lacks the residential tenant depth of established inner-ring districts — and the secondary market is too early to read. The investment case builds as Ring Road 4 (June 2026), Thượng Cát Bridge (2027), and Hồng Hà Bridge (mid-2028) are delivered, but the Đan Phượng quận upgrade delay to 2030 means investors should not price in an administrative premium before mid-decade.
| Unit price | 1,9 tỷ – 122 tỷ |
| Launch price | 70 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Vinhomes Wonder City | 163,7 triệu/m² | — |
| Vinhomes Smart City | Comparable per-m² apartment pricing; no direct townhouse equivalent in this location | 15-20km closer to central Hanoi in Nam Từ Liêm — higher density, more urban setting, apartment-focused without the low-density villa and townhouse format that defines Wonder City |
| Ecopark | Similar price positioning for comparable township products; more established secondary market with longer price history | Southeast of Hanoi in Văn Giang (Hưng Yên) — 15+ years established with a mature commercial ecosystem and active secondary market, but in a different direction with its own catchment area and no northwest Hanoi infrastructure upside |
Vinhomes Wonder City has just entered its first handover cycle, with pricing holding close to launch levels and no material secondary market movement yet established.
| Developer | Vingroup |
| Status | 2 of 3 delivered |
| Completion | 2027 |
| Total Units | 2219 |
| Towers | 4 |
| Launch Date | 2025-03 |
| Handover | 2026-04 |
| Construction Permit | Approved |
| Pink Book | pending |
| Legal Notes | All major permits secured: master plan approved Dec 2015 (re-approved Feb 2020), construction permit No. 43/GPXD (Jun 2019), land allocation 1.2M m² granted Nov 2024. Sales eligibility confirmed Mar 2025 by Hanoi Dept. of Construction (doc 1893/SXD-QLN). Long-term ownership (sổ đỏ) for Vietnamese citizens; quota of 250 low-rise units approved for foreign sale (50-year ownership with one renewal allowed). Pink books pending — Wonder Avenue and Wonder Bay low-rise handovers began Mar-Apr 2026 (batch 1 approx. 50 finished units; batch 2 approx. 1,301 shell units underway). Pink book issuance expected 1-3 years post-handover per Vinhomes norms. |
Vinhomes Wonder City
| CBD (peak) | 48 min |
| CBD (off-peak) | 45 min |
| Airport (peak) | 53 min |
| Airport (off-peak) | 51 min |
Vingroup ecosystem loyalists and young professional families seeking suburban space with full-service amenities. A mix of first-time homebuyers in the 30-45 age range and long-term investors positioning for northwest Hanoi infrastructure-driven appreciation. The gated Wonder Bay villa sub-zone attracts higher-net-worth families, while Masteri Sky Quarter's apartment towers draw younger professionals seeking the Vinhomes address at a lower entry point.
