Detailed Review of Ao Sào Urban Functional Area: A Bright Spot in Southern Hanoi
Ao Sào Urban Functional Area, located in Thinh Liet Ward, Hoang Mai District, Hanoi, is a prominent project expected to become one of the most modern urban areas in the southern part of the capital. With its large scale and well-planned layout, this project not only meets diverse housing needs but also contributes to the development of infrastructure and urban landscape in the area.
Developed by Lung Lo 5 Investment and Development Joint Stock Company, Ao Sào Urban Functional Area has a total impressive land area of 9.89 hectares (equivalent to 98,887m²), designed to serve an estimated population of about 2,115 people. The project aims to provide various housing types, from high-rise apartments and garden houses to villas, serving both company staff and all customer segments with housing demand.
Project Overview and Developer
Ao Sào Urban Functional Area is developed by Lung Lo 5 Investment and Development Joint Stock Company. The project name reflects the developer’s goal of creating a complete and modern functional urban area. It is implemented with a dual purpose: serving employees of Lung Lo Construction Corporation (Ministry of National Defense) and being open for external buyers. This ensures serious investment and strict construction quality control.
In terms of scale, the total land area of 98,887m² is allocated according to detailed planning. Specifically, public construction land accounts for 2,771m². Residential land covers 48,755m², including:
- 16,596m² for high-rise buildings.
- 19,549m² for low-rise housing.
- 2,165m² for centralized parking areas.
The urban area is master-planned by the West Lake Design Consulting Center (West Lake Housing and Construction Investment Development JSC), ensuring aesthetics, synchronization, and sustainability in architecture and landscape.
Strategic Location and Regional Connectivity
Location is one of the key factors creating the value of Ao Sào Urban Functional Area. The project is located in Thinh Liet Ward, Hoang Mai District, Hanoi, a rapidly developing area in the southern part of the capital. This location provides convenient transportation connectivity and access to the synchronized infrastructure system of Hoang Mai District.
The project boundaries are clearly defined, facilitating planning and development:
- East: Adjacent to a planned 30m-wide road and Thinh Liet New Urban Area.
- Southwest: Adjacent to Set River, creating a green and natural landscape.
- Southeast: Adjacent to a planned 30m-wide road.
- Other sides: Adjacent to existing residential areas, ensuring integration with the local community.
The adjacency to Set River is also utilized to arrange a green buffer zone, combining ecological landscape and centralized parking, optimizing land use and improving living quality.
Architectural Planning and Landscape Design
Ao Sào Urban Area is organized with a scientific architectural and landscape structure. Public buildings are located at the intersection of the 30m-wide road and the 13.5m road, including cultural houses and clubs with 3 floors, serving community activities.
Diverse Residential Zoning
High-rise buildings (9–17 floors) are arranged along main roads running from North to South to maximize green space, water surfaces, and parks within the urban area. This arrangement not only creates architectural highlights but also ensures open views and airy living spaces for residents.
In contrast, building height decreases toward the West and Southwest. This area, adjacent to Set River and Giap Tu village, is planned for villas and low-rise housing. This zoning ensures a balance between construction density and green space, providing an ideal living environment.
The internal road system is also well planned with branch roads of 17.5m and 13.5m width, ensuring smooth and safe traffic flow.
Pricing Policy and Financial Support
Pricing and financial support policies are important factors for investors and homebuyers. Ao Sào Urban Functional Area provides detailed pricing information for townhouse products along with attractive loan support policies.
Price Range and Construction Costs
The average price of the project ranges from 285.71 to 409.55 million VND/m² overall. For townhouse products, the pricing policy is as follows:
- Land price: 25.2 million VND/m² (including VAT, excluding rough construction cost).
- Construction cost: 4.6 million VND/m² (applied for 3.5-floor rough-built houses).
These prices are considered competitive in Hoang Mai area, especially for a well-planned urban area with a favorable location.
Payment Schedule and Bank Support
The payment schedule is flexible, divided into 5 phases, helping customers manage finances easily:
- Phase 1: Pay 95% of land value upon signing the sales contract + 10% of construction cost.
- Phase 2: Pay 20% of construction cost upon completion of first-floor slab.
- Phase 3: Pay 20% of construction cost upon completion of second-floor slab.
- Phase 4: Pay 20% of construction cost upon completion of third-floor slab.
- Phase 5: Pay remaining 5% of land value + 30% construction cost upon handover.
The project also cooperates with Military Commercial Joint Stock Bank (MB Bank), Hai Ba Trung branch, offering attractive financial support:
- Customers can borrow up to 80% of the contract value.
- Maximum loan term is 240 months (20 years).
- Preferential interest rate of 8%/year for the first 6 months.
- Flexible collateral, including assets formed from the loan.
- Loan approval can be considered before signing the purchase contract and disbursement follows payment progress.
Investment and Living Potential Analysis
Ao Sào Urban Functional Area is not only an ideal place to live but also a potential investment opportunity thanks to several factors:
Synchronized infrastructure
Hoang Mai District is one of the fastest urbanizing areas in Hanoi. The emergence of new urban areas and surrounding 30m-wide planned roads ensures strong connectivity and future property value growth.
High-quality living environment
With a focus on green space, water surface (Set River), and parks, Ao Sào Urban Area provides a fresh living environment away from city noise while still maintaining modern convenience. The diversity of housing types also meets the needs of various customer segments.
Reputable developer
Lung Lo 5 Investment and Development JSC, affiliated with the Ministry of National Defense through Lung Lo Construction Corporation, ensures credibility and project execution capability. This brings strong confidence to homebuyers.
In conclusion, Ao Sào Urban Functional Area is a promising project in southern Hanoi. With a prime location, smart planning, diverse products, and attractive financial support policies, it is an excellent choice for those seeking a modern, convenient, and sustainably valuable place to live or invest.
Detailed information: Ao Sào Urban Functional Area has a total area of 98,887m² with an estimated population of about 2,115 people. The project is located in Thinh Liet Ward, Hoang Mai, Hanoi, with coordinates Latitude 20.97559547 and Longitude 105.8523026. The price ranges from 285.71 to 409.55 million VND/m².
