Explore VietnamReal Estate
Explore Vietnam
Vingroup
Under construction · Developer selling
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.
Better for long-term living than for investing.
Northwest Hanoi's answer to Ocean Park — full Vingroup ecosystem on 133ha at the intersection of 4 infrastructure mega-projects. First handover imminent (Apr-May 2026). Tradeoff: 50-70 min peak commute and aggressive pricing for an area still developing.
| Project | Price | Distance |
|---|---|---|
| Vinhomes Smart City | Apartments 45-70M/m2 (resale, delivered) | Nam Tu Liem — 20 min closer to CBD, Metro Line 3 accessible |
| Vinhomes Ocean Park | Apartments 40-55M/m2 (resale, delivered 2020) | Gia Lam — east Hanoi mega-city, similar concept but 5+ years more mature |
| ParkCity Hanoi | Townhouses 200-300M/m2 (resale, delivered) | Ha Dong — closer to CBD, established community, but smaller scale |
End-user: Good project with meaningful tradeoffs. Full Vingroup ecosystem and impressive scale offset by serious commute drawback (50-70 min peak to CBD), premium pricing for an undeveloped suburban area, and everything still under construction. Livability promise is strong but unproven — most amenities are planned, not delivered.
Investor: Mixed project suitable only for specific long-term investors. Strong infrastructure catalysts and Vingroup brand are offset by zero rental market in Dan Phuong, premium entry pricing that limits upside, no resale liquidity yet, and heavy dependence on infrastructure completing on schedule. This is a speculative capital appreciation play.
| Developer | Vingroup |
| Construction | Construction |
| Completion | 2027 |
| Total Units | 2918 |
| Towers | 4 |
| Launch Date | 2025-03 |
| Handover | 2026-04 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | All major permits secured. Master plan approved Dec 2015 (re-approved Feb 2020). Construction permit No. 43/GPXD (Jun 2019). Land allocation of 1.2M m2 granted Nov 2024. Sales eligibility confirmed Mar 2025 by Hanoi Dept. of Construction. Permanent ownership (sổ đỏ). Pink book not yet issued as of Apr 2026. |
Vinhomes Wonder City
| CBD (peak) | 50-70 min via QL32 or Tay Thang Long |
| CBD (off-peak) | 35-45 min via Tay Thang Long Boulevard |
| CBD (motorbike) | 40-50 min via QL32 |
| Airport (peak) | 45-55 min via Ring Road 3/4 |
| Airport (off-peak) | 30-35 min via Ring Road 4 |
Vingroup ecosystem loyalists and young professional families seeking suburban space with full-service amenities. Mix of first-time homebuyers in the 30-45 age range and long-term investors banking on northwest Hanoi infrastructure development. Gated villa compound attracts higher-net-worth families; apartment towers draw younger professionals.
