Detailed Review of NO-08 Giang Bien Apartment Project: Attractive Housing and Investment Opportunity in Long Bien, Hanoi
The NO-08 Giang Bien Apartment Project, developed by Housing Investment and Development JSC No. 5 (Handico 5), is a prominent development located within the Giang Bien Urban Area, Long Bien District, Hanoi. With its strategic location, synchronized infrastructure, and competitive pricing, NO-08 Giang Bien offers a promising residential environment and a stable long-term investment opportunity.
Project Overview
The NO-08 Giang Bien project was developed by Handico 5 with the goal of creating a modern residential community in one of Hanoi’s fastest-developing urban areas. The project benefits from fully completed infrastructure, ensuring strong connectivity and access to surrounding amenities.
Key Project Details
- Project name: NO-08 Giang Bien Apartment Complex
- Investor: Housing Investment and Development JSC No. 5 (Handico 5)
- Design consultant: CCI Investment JSC
- Construction contractor: Hanoi Housing Development JSC No. 5
- Location: NO-08 land plot, Giang Bien Urban Area, Giang Bien Ward, Long Bien District, Hanoi
- Total land area: 9,682 m²
- Building footprint: 2,858.3 m²
- Total floor area: 23,338.3 m²
- Scale: 15 above-ground floors
- Total units: 220 apartments (2–3 bedrooms)
- Ownership: Long-term ownership, Red book (Sổ hồng)
- Handover: Q4/2018
With 15 floors and 220 apartments, the project is designed to optimize living space while maintaining a balance between construction density and surrounding landscape. The completed and operational status of the project ensures legal clarity and stable residential conditions.
Prime Location and Connectivity
NO-08 Giang Bien is located in a strategic position within Giang Bien Urban Area, Long Bien District—one of Hanoi’s rapidly developing economic zones. The project benefits from modern transportation infrastructure and easy access to both inner-city and surrounding areas.
The project is situated on a 48-meter-wide internal road, ensuring smooth traffic flow. It is only about 6 km from Hoan Kiem Lake, the historical and economic center of Hanoi, offering both convenience and a peaceful residential environment.
The geographic coordinates are Latitude 21.0674572 and Longitude 105.9200516, confirming its connection to major transportation routes in Long Bien District.
Comprehensive Amenities System
NO-08 Giang Bien offers a wide range of internal and external amenities, ensuring a complete and comfortable lifestyle for residents.
Internal Amenities
- Commercial center for shopping and daily services
- High-speed elevators for efficient vertical transportation
- 24/7 security system ensuring safety
- Sports and recreational areas
- Tennis court
- Spa and wellness facilities
External Amenities
- Vincom Long Bien shopping mall
- Long Bien District administrative offices
- Duc Giang General Hospital
- Viet Hung Park
- Complete education system from kindergarten to secondary school
Pricing and Payment Policy
The project offers competitive pricing, making it attractive for both homebuyers and investors.
Apartment Prices
The current market price ranges from 30.19 to 33.21 million VND/m². This reflects the appreciation in value after project completion and handover, while still remaining competitive compared to similar projects in Long Bien District.
Flexible Payment Schedule
- 30% upon signing the purchase contract
- 20% when construction reaches 8th floor slab
- 20% when construction reaches 12th floor slab
- 25% upon handover of the apartment
- 5% upon receiving the red book (ownership certificate)
Developer Reputation and Quality Commitment
The project is developed by Handico 5, a reputable member of Hanoi Housing Development Corporation (HANDICO). With experienced design and construction partners, the project ensures high construction quality, functional design, and long-term durability.
With full completion, legal clarity, and well-planned infrastructure, NO-08 Giang Bien provides real residential value and stable investment potential in the Long Bien real estate market.
Conclusion
NO-08 Giang Bien is a well-rounded residential project in eastern Hanoi, offering a strategic location, complete amenities, and reasonable pricing. With its completed status, long-term ownership (red book), and strong infrastructure connectivity, it serves both end-users seeking immediate occupancy and investors looking for stable appreciation.
The project stands out as a practical and reliable housing option in Long Bien, especially for those prioritizing ready-to-move-in apartments in a developing urban area.
