Ownership
Pink Book
Developer
Vinhomes
Layouts
1 - 5 bedrooms
Area Range
45m2 - 100m2
Vinhomes King Park is a new large-scale urban development located in Kinh Bac Ward, Bac Ninh City, covering approximately 268.8 hectares. The master plan includes around 4,200 low-rise homes and 6,000 apartments, together with parks, lakes, schools, commercial facilities and a major sports complex.
The project is particularly relevant to international buyers because both selected low-rise houses and apartments are expected to be available for foreign ownership, subject to the applicable foreign ownership quota and Vietnamese regulations.
Its location in Bac Ninh also sets it apart from many conventional suburban developments around Hanoi. Bac Ninh has developed into one of northern Vietnam’s most important industrial and FDI centres, with a large presence of global manufacturers and a growing community of foreign professionals.
The project information provided for Vinhomes King Park indicates a planned population of approximately 33,000 residents and a building density of below 20%, with a significant proportion of the master plan reserved for landscaped areas, water features and recreational facilities.
| Project | Vinhomes King Park |
|---|---|
| Location | Kinh Bac Ward, Bac Ninh City |
| Developer | Vinhomes, MIK |
| Site Area | Approx. 268.8 hectares |
| Planned Population | Approx. 33,000 residents |
| Building Density | Below 20% |
| Low-Rise Properties | Approx. 4,200 units |
| Apartments | Approx. 6,000 units |
| Property Types | Townhouses, villas, and apartments |
| Green & Water Areas | Approx. 57 hectares |
| Sports Complex | Approx. 70.9 hectares |
| Foreign Ownership | Selected houses and apartments available to foreign buyers, subject to legal quota and eligibility |
Vinhomes King Park is located in Kinh Bac Ward, close to the existing urban centre of Bac Ninh. Rather than being positioned as a remote satellite development, the project is connected to existing administrative, educational and healthcare facilities within Bac Ninh.
The project is also well placed for access to Bac Ninh’s major industrial zones:
These distances are particularly relevant for professionals and executives working in Bac Ninh’s manufacturing and industrial sectors.
Bac Ninh is no longer simply an industrial province outside Hanoi. Its economic scale has expanded significantly, and the project materials rank Bac Ninh among the top five economies in Vietnam.
The city has become one of Vietnam’s most established manufacturing centres, particularly in electronics and supporting industries. Major international companies with operations in the wider Bac Ninh industrial ecosystem include Samsung, Canon, Goertek, Foxconn and other global manufacturers. This industrial base creates a different type of housing demand from a purely residential satellite city.
Large industrial parks bring:
The project materials also identify continued industrial expansion and foreign investment as important drivers of residential demand in Bac Ninh. For investors, this does not automatically mean that every property in Bac Ninh will perform well. However, it gives Vinhomes King Park an identifiable economic and employment base that can support both owner-occupier and rental demand over the longer term.
Vinhomes King Park is planned as more than a residential compound. With a total area of approximately 268.8 hectares, the development combines low-rise neighbourhoods, apartment buildings and supporting infrastructure within one master-planned community. The planned education, retail, community and healthcare-related facilities are shown as integral parts of the township rather than standalone amenities.
The current plan includes:
Townhouses, semi-detached villas, detached villas, shophouses and high-rise apartments.
Approximately 57 hectares are planned for landscaping, parks and water areas.
A large sports and recreational zone is planned as one of the major components of the township.
Schools are planned within the development.
Commercial, shopping, dining and daily-service facilities form part of the master plan.
Sports and wellness spaces are incorporated throughout the community.
A notable part of the Vinhomes King Park master plan is the amount of land allocated to open space and recreation. Approximately 57 hectares are planned for parks, landscaping and water areas, while a much larger sports and recreation area forms another major component of the development.
Combined with a building density of below 20%, the planning concept aims to create a lower-density environment than a conventional high-rise urban development.
For buyers considering the project for their own residence, this may be particularly relevant for families who value outdoor space and community facilities.
Vinhomes King Park is planned to include approximately 4,200 low-rise properties, including townhouses, villas and shophouses.
Townhouse plots currently shown in the project planning range from approximately 60 sqm to 120 sqm.
Typical configurations include:
The townhouse zone covers approximately 29.6 hectares, with buildings planned at up to five floors.
Shophouses are planned within commercial areas of the township, offering frontage suitable for both residential and commercial use.
Indicative land sizes currently include: 75 sqm, 90 sqm, 72 sqm, 96 sqm, 108 sqm, 120 sqm.
The shophouse component covers approximately 5.3 hectares.
Vinhomes King Park will include both semi-detached and detached villas.
Indicative land sizes include: 162 sqm, 171 sqm, 180 sqm, 200 sqm.
Larger villa plots currently shown include approximately: 270 sqm and 420 sqm
The villa area accounts for approximately 7.9 hectares, with villas planned at up to four floors.
Approximately 6,000 apartments are planned within the development, creating a substantial high-rise residential component alongside the villa and townhouse communities.
Apartment layouts, tower specifications and official pricing will be updated as further information is released.
For investors, apartments may be especially relevant to rental demand from professionals working in Bac Ninh’s industrial zones, while also providing a lower entry point compared with villas and other low-rise properties.
The investment case for Vinhomes King Park is closely linked to the wider transformation of Bac Ninh.
The local economy is strongly connected to manufacturing, electronics and FDI. The project documents highlight the presence of large international corporations as well as continuing expansion of industrial parks across the region.
This matters for residential real estate because industrial growth can create demand from both Vietnamese and foreign professionals who need housing close to their workplace.
Bac Ninh has a substantial industrial workforce and a growing professional population associated with multinational manufacturers and their supply chains.
Vinhomes King Park is approximately 8–10 km from Que Vo and Yen Phong industrial parks, two important employment areas in Bac Ninh.
Much of Bac Ninh’s existing housing stock was developed around local residential demand. Vinhomes King Park introduces a much larger integrated township with villas, townhouses, apartments, green spaces, retail and community facilities.
Vinhomes King Park may appeal to several buyer groups.
Foreign professionals working in Bac Ninh
Its location near major industrial parks makes it practical for executives and specialists working in manufacturing and technology companies.
International property investors
Foreigners have access to both eligible apartments and low-rise residential products, creating more choice than at many Vietnamese developments.
Vietnamese families
The large-scale township, schools, parks and commercial facilities are suited to long-term residential use.
Investors targeting the rental market
The presence of multinational companies and foreign professionals in Bac Ninh creates a potential tenant base for appropriately located and furnished properties.
Long-term investors
Buyers looking beyond central Hanoi may consider Bac Ninh’s industrial development, infrastructure investment and employment growth as part of a longer-term real estate strategy.
One of the most important features of Vinhomes King Park for international buyers is that both apartments and eligible low-rise residential properties can be offered to foreigners, subject to Vietnam’s foreign ownership regulations and the approved foreign ownership quota for each property category.
This makes Vinhomes King Park different from many projects where foreign buyers are limited mainly to apartments.
Foreign buyers should still verify the legal status of the specific property before making a reservation or signing a sale contract because foreign ownership availability can vary by unit, subdivision and quota.
Official pricing varies depending on the property type, location within the master plan, land size, view and sales programme.
Contact Kensington Vietnam for the latest Vinhomes King Park price list, available units, foreign quota and payment schedule.
Property ID - | 137241
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