ParkCity Hanoi

Lê Trọng Tấn, La Khê, Hà Đông, Hà Nội, Vietnam, Hanoi, Vietnam

4 BED 4 BATH 3,524 sq. ft. HKD 5,000,000

Vietnam’s soaring economy continues to grow this year as its GDP has increased by 6.81% in the first quarter, a 7.38% increase year on year. China’s ‘One Belt, One Road’ initiative and its partnership with Vietnam is expected to brighten Vietnam’s economy. The city’s anticipated infrastructure construction, a vast metro network to be completed in 2020, expansion of Noi Bai Airport and the development of new CBD Nam Tu Liem, are major factors to stimulate Hanoi’s continuous market growth.

ParkCity Hanoi – the Mansions, a rare landed property, is developed by Malaysia’s renowned ParkCity and sits in Ha Dong, selling at an average price of only HK $1,600 per square feet. This is the first township in Hanoi and is a one-minute walk from a BRT station and 6 MRT stations away from the CBD of Nam Tu Liem. It is nearby shopping centers, international schools, post-secondary institutions and offers top-notch amenities. Its convenience is destined to attract the city’s professionals, including a community of embassy elites. ParkCity – the Mansion has a limited foreign ownership quota which makes it a one-of-a-kind investment opportunity.

*** ParkCity’s Hanoi Project from HKD5M / Ha Dong’s First and Rare Township Development / Limited Foreign Quota ***


Above: High end properties in Hanoi are currently selling around HKD 1,500 p.s.f., significantly lagging behind other South East Asian countries

Above: Hanoi currently offers an attractive rental yield of 7% p.a.

The Project – ParkCity Hanoi – The Mansions

The Project Location – Ha Dong

The Developer – ParkCity

Project Highlights:

  • Price starting from HKD 5M*
  • Expected completion in Q1 – Q2 2020
  • Build-up area sizes from 3,524 – 5,216 sq. ft.
  • 3-4 storeys Mansion Villas are available
  • Gross rental yield is projected up to 5% p.a.**
  • Freehold for Vietnamese; Leasehold 50 years with renewal possibility for foreigners – the property immediately becomes freehold when a foreigner resells the unit to a local Vietnamese
  • Limited 10% foreign quota landed property in Vietnam
  • Located in prime location, first township development in Ha Dong built by Perdana ParkCity, with its own private international school, shopping centres and clubhouse
  • Easy access by BRT and future MRT
  • Full condo facilities including Lap Pool, Lounge & Kids Pool, BBQ, Adventure Play Area, Gym, Outdoor Fitness Park, Multipurpose Hall & 24 hr. Security by Guards
  • Fully finished units (except wardrobes)
  • Booking of the units can be done in Hong Kong without the need to travel to Vietnam

*Terms & conditions apply

**Expected Rental Yield is projected and not guaranteed