Top 5 Most Expensive Apartment Buildings in Hanoi, Vietnam

Real estate in Vietnam has gone through many ups and downs since the beginning of the 21st century. Clearly, we can see the success in many aspects of Vietnam’s real estate after more than 20 years. Hanoi, with the advantage of being the capital and the economic locomotive of the country, has become the focal point of investment and real estate development. Apartment prices in Hanoi have changed significantly over the years along with economic development and the housing demand of the people. Let’s take a look at the top 5 most expensive apartment buildings in Hanoi.

The Grand Hanoi, also known as Masterise Hàng Bài, is located at 22 & 24 Hang Bai Street, Hoan Kiem District, Hanoi. This is a high-end apartment project developed by Masterise Homes and managed by The Ritz Carlton – the world’s most prestigious hotel management brand under the Marriott Intercontinental conglomerate. The Grand Hanoi is a luxury apartment building in the heart of Hanoi’s Old Quarter, featuring only 104 ultra-luxurious apartments rated 6 stars. Situated opposite Trang Tien Plaza, it is only 100 meters away from Hoan Kiem Lake. The estimated selling price of apartments in this project will start from $25,000 per square meter. Up to now, Masterise The Grand is currently the most expensive apartment building in Hanoi.

The project consists of 8 above-ground floors and 6 basement floors. Among the 6 basement floors, floors 1-3 are designated for amenities and high-end commercial centers, while floors 4-6 are for parking. This is where a variety of prestigious fashion brands and luxury restaurants are gathered. With a limited number of only 104 apartments ranging from 2 to 3 bedrooms, with sizes from 98m² to 137m² to 215m². Each apartment is priced from around 70 to over 100 billion Vietnamese dong.

Certainly, many people are curious when they see a massive black complex on the Quang An Peninsula, Tay Ho District. This project has attracted attention recently, although there hasn’t been much information disclosed. The commercial name of this complex is Sun Citadines, but it’s often referred to more commonly as Sun Grand Quang An. Located at 58 Quang Ba Street, the apartments at Sun Citadines boast million-dollar views overlooking the vast West Lake.

The project comprises 9 high-rise towers, including 8 residential apartment towers ranging from 15 to 34 floors in height. The remaining tower is a super-luxury hotel with 6-star services. In total, there are up to 1800 apartments at Sun Citadines, ranging in size from 45m² to 300m² and designed with 1 to 4 bedrooms. The expected selling price of Sun Grand Quang An is $6,500 USD per square meter, making it the second most expensive building in Hanoi.

The third most expensive building in Hanoi is Heritage Westlake. It’s a luxurious apartment building developed by CapitaLand, located on Lac Long Quan Street, Tay Ho District. The project is a complex consisting of high-end apartments, SOHO apartments, and offices. In 2023, the Heritage Westlake apartments were put up for sale with an average price ranging from $5,500 to $6,000 USD.

The project’s prime location includes proximity to West Lake, Lotte Mall Tay Ho, the new administrative center of Hanoi, and UNIS. The interior standards delivered at Heritage Westlake are entirely different from other apartments on the Hanoi market. CapitaLand has introduced renowned brands to Hanoi, including Gaggenau, Gessi, Poggenpohl, Smeg, and Villeroy & Boch. Buyers in Heritage Westlake will receive their apartments in 2025.

This project made a significant impact when it was first launched for sale in Hanoi. In 2016, Vinhomes Metropolis, a high-end apartment complex, began selling at prices ranging from 60 million VND per square meter ($2,500 USD) to 70 million VND per square meter ($3,000 USD). These prices were among the highest at that time. Vinhomes Metropolis is located in the heart of Ba Dinh district, adjacent to the Lotte Center skyscraper, next to the underground metro line, and nearby the embassies of Japan and Australia. Until now, Metropolis Hanoi remains the top-tier apartment building in Ba Dinh district and is the prime choice for foreign renters. The current selling price of Vinhomes Metropolis apartments ranges from $4,000 to $5,000 USD per square meter.

Hoàng Thành Tower is the last name in the top 5 most expensive apartment buildings in Hanoi. This is a 21-story mixed-use building comprising office spaces, commercial areas, services, and 183 high-end apartments. With its modern architectural style infused with classical and elegant French elements, Hoàng Thành Tower stands as a unique architectural masterpiece in the heart of Hanoi. Situated at 114 Mai Hắc Đế Street, Hai Bà Trưng District, right next to Vincom Bà Triệu – one of the most prime locations in the city center, Hoàng Thành Tower is surrounded by a complex of shopping centers, banks, offices, high-end restaurants, entertainment centers, schools, kindergartens, hospitals, and healthcare and beauty services.

With its spacious and fresh living environment, offering all necessary amenities, residents of Hoàng Thành Tower will discover and enjoy a high-class lifestyle. Each apartment is distinctive, designed to meet the individual needs of the homeowners. Every view provides panoramic scenes of the bustling city center, verdant spaces along the Red River, or glimpses of the venerable Sword Lake. The selling price of apartments at Hoàng Thành Tower ranges from $4,000 to $5,000 USD.