Two striking glass towers have recently joined the skyline of Starlake Tay Ho Tay, one of Hanoi’s most ambitious new urban districts. But what exactly is inside them?
Known as IFC Hanoi, this VND 9 trillion (approximately US$346 million) development brings together a five-star hotel, Grade A offices, luxury serviced apartments, restaurants and retail spaces in one location. One of its biggest attractions is Shilla Monogram Hanoi Westlake, a new hotel from South Korea’s prestigious Shilla hospitality brand, scheduled to open on October 23, 2026. With its prominent position in Starlake, IFC Hanoi is more than another addition to the city’s skyline. It offers a glimpse into how Hanoi’s emerging commercial districts are taking shape.
What Is IFC Hanoi?
IFC Hanoi, also known as International Finance Centre Hanoi, is a large mixed-use development located at Lot B3CC1 in the Starlake Tay Ho Tay Urban Area. Developed by THT Development Co., Ltd., a member of South Korea’s Daewoo E&C Group, the project consists of two 35-storey towers connected by a commercial podium.
The development was inaugurated in April 2026, with its hotel and hospitality services preparing for their upcoming opening. Rather than operating as separate buildings, the two towers have been designed to create an integrated destination where people can work, stay, dine and enjoy various services.
IFC Hanoi at a Glance
Location: Starlake, West of Westlake, Hanoi
Address: Lot B3CC1, Xuan Dinh Ward
Developer: THT Development – Daewoo E&C
Investment Approximately: VND 9 trillion
Buildings: Two 35-storey towers
Basement: 3 levels
Office: Grade A office tower
Hotel: Shilla Monogram Hanoi Westlake
Serviced apartments: La Résidence Hanoi Westlake
Hotel opening: October 23, 2026 (scheduled)
Shilla Monogram Hanoi Westlake: A New Five-Star Hotel in Starlake
Perhaps the most anticipated part of IFC Hanoi is Shilla Monogram Hanoi Westlake, a luxury hotel operated under The Shilla Hotels & Resorts, the South Korean hospitality group associated with Hotel Shilla.
The hotel will feature 319 guest rooms occupying the upper floors of the hospitality tower, with views across West Lake and Hanoi’s expanding skyline.
According to the hotel’s official website, its facilities include:
A rooftop outdoor swimming pool on the 35th floor
Monogram Lounge and Bar M with elevated city views
Indoor swimming pool, spa and fitness centre
Dining M, JINJI and HASUNGO restaurants
Grand banquet hall, meeting rooms and event facilities
The 35th-floor outdoor pool and lounge could become one of the hotel’s most attractive features, giving visitors a new perspective of Hanoi from above West Lake.
FC Hanoi Office Tower: A New Grade A Workplace
The second tower is dedicated primarily to Grade A offices, making IFC Hanoi an important addition to the commercial landscape of northern Hanoi. The office tower offers approximately 59,700 m² of net leasable area, with typical floor plates measuring around 1,947 m². The building has been designed with international corporations and larger office occupiers in mind. Features include:
- 2.8-metre office ceiling heights
- Double-glazed windows for improved thermal performance
- 19 high-speed passenger lifts
- Advanced building management and central air-conditioning systems
- Landscaped terraces and garden areas
- Three basement parking levels, including EV charging facilities
The development is also targeting LEED Gold certification, reflecting its focus on energy efficiency and environmental performance. Certification remains an expected target rather than a confirmed achievement. What makes the office tower particularly interesting is its location within a wider mixed-use complex. Companies based here can have meeting facilities, dining venues, accommodation for visiting colleagues and everyday services within the same development. For businesses considering relocation to Starlake, this is a practical advantage over a standalone office building.
La Résidence Hanoi Westlake: Luxury Serviced Apartments Managed by Shilla
IFC Hanoi is not only designed for short hotel stays. It also includes La Résidence Hanoi Westlake, a collection of upscale serviced apartments operated by Shilla Hotel. Located on floors 6 to 22 of the hospitality tower, La Résidence is designed for business executives, expatriate professionals and families looking for furnished accommodation with hotel-style services. The project brochure lists 221 serviced residences, while the official La Résidence website highlights two-bedroom and three-bedroom layouts.
Apartments include separate living and dining spaces, equipped kitchens, washing machines and dryers, with city or lake views depending on the unit. Residents can also benefit from concierge services, housekeeping, security, a private residence lounge, fitness facilities, swimming pools and spa amenities. For international professionals relocating to Hanoi, this concept offers an alternative to conventional apartment rentals. Residents can enjoy the space and privacy of an apartment, while having access to the convenience of hotel services.
- 2-bedroom residences: 84–116 m²
- 3-bedroom residences: 125–133 m²
Restaurants, Rooftop Bar and Lifestyle Experiences
Beyond offices and accommodation, IFC Hanoi is designed to become a destination for dining and social gatherings. Shilla Monogram Hanoi Westlake introduces several dining concepts, including Dining M for international cuisine, JINJI for Korean dining, HASUNGO for Chinese cuisine and Pastry M for café-style refreshments. One venue worth watching is Bar M, planned for the 35th floor alongside the hotel’s outdoor swimming pool and Monogram Lounge. With elevated views towards West Lake, this rooftop area could become a popular place for evening drinks, business gatherings and special occasions after opening. The lower levels of IFC Hanoi also include retail and commercial spaces intended to serve office workers, hotel guests, residents and visitors from the surrounding Starlake neighbourhood
Starlake Township
IFC Hanoi occupies a prominent position near the intersection of Hoang Minh Thao Street and the extended Nguyen Van Huyen Road in Starlake Tay Ho Tay.
The area is being developed as a modern commercial, administrative and residential district, with government institutions, international offices, premium residential buildings and shopping destinations planned across the wider neighbourhood. Across from IFC Hanoi, the upcoming Takashimaya commercial development is another major project expected to bring shopping, dining and lifestyle activities to Starlake. This concentration of developments is what makes the location interesting.
Instead of offices, hotels and retail centres being scattered across different parts of the city, Starlake is bringing many of these functions together within a master-planned urban area. IFC Hanoi also benefits from proximity to West Lake, Ciputra, the Samsung R&D Center and important roads connecting northern Hanoi with Noi Bai International Airport.
As more projects are completed and occupied, the surrounding neighbourhood could become increasingly attractive to international companies, business visitors and residents seeking convenient access to modern commercial facilities.
What IFC can bring to the new CBD?
Hanoi’s traditional commercial areas, including Hoan Kiem and Ba Dinh, remain important centres for business and hospitality. However, Starlake represents a different approach to urban development. Its broad roads, planned commercial spaces, Starlake apartment project and concentration of major institutions offer room for a new type of business district to emerge.
IFC Hanoi is an early example of this vision becoming a reality. The combination of international hospitality, professional office space, long-stay accommodation and lifestyle services has the potential to encourage more business activity in Starlake.
Of course, the long-term success of the area will depend on how quickly surrounding developments are completed, how many businesses move in and how the district develops its everyday street life.
Nevertheless, the completion of IFC Hanoi marks a visible milestone in the transformation of Tay Ho Tay from a largely developing urban area into a functioning commercial destination.
A New Chapter for Starlake Tay Ho Tay
For anyone following the development in Westlake, IFC Hanoi is a building worth knowing. Visitors may come for a stay at Shilla Monogram, an evening drink at the rooftop bar or a business meeting. Expatriate families may be interested in the serviced apartments, while international companies may consider the Grade A office tower.
Together, these different uses give IFC Hanoi a role that extends beyond its architecture. As Starlake continues to develop, IFC Hanoi could become one of the landmarks that help define the district’s future identity, a place where Hanoi’s growing international business community, hospitality industry and modern urban lifestyle meet.
