Comparing 2 newly opened apartments in Ha Dong district, Hanoi

Both apartments are in the high-end segment with prices ranging from 70 to 90 million VND/m2. Currently, brokerage floors are racing to find customers for these two projects.

Twin towers of 1,300 apartments in Mo Lao ward

When passing through Vu Trong Khanh Street (Mo Lao Ward, Ha Dong District, Hanoi), many people will see the image of brokers standing on the sidewalk, waving flyers, inviting customers to visit the project. The product they are offering is apartments at Kepler Land Twin Towers.

Image of Kepler Land twin towers. Photo: Thanh Vu

Currently on social networks, brokerage floors are bustling to announce the rumor price (expected price) of the project, fluctuating between 80 - 90 million VND/m2. When completed, the project will bring to the market about 1,300 apartments, expected to be home to nearly 3,000 people.

The area of the apartments ranges from 45 - 122 m2. The apartment layout is relatively reasonable. Large apartments have closed kitchens to limit odors. Most apartments have bedrooms and living rooms with open spaces. However, some apartments still have bedrooms that need to get light through the loggia.

In terms of location, the project is located in a relatively prime area, near the People's Committee of Mo Lao Ward, Mo Lao Secondary School, low-rise housing area in the European Overseas Vietnamese Village... However, the project is crossed by Vu Trong Khanh Street, dividing the utilities between the two blocks.

Behind the Kepler Land project is the "gold-plated" QMS Top Tower building. This glossy apartment project has an opening price of 68 million VND/m2 in 2024. Photo: Thanh Vu

Previously, the project was to start in 2022 and had to be temporarily suspended. This is the reason why the project was not expected to be handed over until the fourth quarter of 2027. However, some brokerage firms said that the project will be completed by the end of 2026. The reporter will contact the investor to confirm the official time.

The investor of this twin tower is TSQ Vietnam Company. This is a business established by overseas Vietnamese in Poland. Large housing projects in Ha Dong district such as the European Overseas Vietnamese Village, Euro Land apartment building, and Millennium Tower are all projects of this business.

Apartment 75 million VND/m2 in La Khe ward

In La Khe ward, Ha Dong district, groups of brokers are also standing along Nguyen Thanh Binh street to "hunt" for customers for The Charm An Hung project. Currently, the apartment price here fluctuates around 70 - 75 million VND/m2.

Brokers warmly invite customers to visit the project. Photo: Thanh Vu

The expected handover date for the apartments is 2026. The number of apartments supplied to the market is 592, with areas ranging from 54 - 96 m2.

Looking at the typical floor plan, except for the one-bedroom units, the remaining apartments have closed kitchen designs. In addition, the elevator area is arranged separately from the apartments, which is also a plus point. However, the project still has apartments that need to have ventilation for the bedroom through the loggia.

In terms of location, the project is located quite close to An Hung new urban area, An Hung Primary School, Le Quy Don Secondary School, Astronomy Park... Surrounding the project are nearly 10 apartment buildings, so the facilities and services in the area are relatively abundant.

The Charm An Hung project is located between nearly 10 apartment buildings. Photo: Thanh Vu

The company behind the new apartment building in La Khe Ward is An Hung Urban Investment Joint Stock Company. The reputation of this investor is closely associated with the An Hung New Urban Area (Ha Dong District). This is a project that was once on the list of projects behind schedule by the Hanoi Department of Construction.

These are two rare apartment projects located in a district in Hanoi. Currently, most of the new apartment supply is located in districts such as Gia Lam and Dong Anh. In terms of price, both projects are in the high-end segment, all above 70 million VND/m2. This is also the average price of current primary projects.

According to the reporter's observations, the technical and social infrastructure around the two projects are relatively synchronous. Basic requirements for electricity, roads, schools, and stations are all met. However, the price is still a big challenge for buyers. This is also a common problem of many new apartment projects in Hanoi.

According to the investigation of the reporter of the Investment Electronic Newspaper - Baodautu.vn , the price of new apartments will hardly decrease, and will even continue to increase in 2025. The reason comes from the fact that each square meter of apartment is made up of dozens of types of costs. In which, expenses such as construction fees are increasing, followed by land tax, bank loan interest rates, marketing costs, etc.

In case the project encounters legal problems, leading to delays, the bank loan interest that the business must bear during the period the project is "shelved" will be calculated directly into the house price, causing the output price to increase.

Source: https://baodautu.vn/batdongsan/so-ke-2-chung-cu-moi-mo-ban-tai-quan-ha-dong-ha-noi-d258492.html