New Co Nhue Urban Area: A Bright Spot in Western Hanoi – Modern Living & Investment Opportunity
The New Co Nhue Urban Area, established under Decision 157/2004/QĐ-UB by the Hanoi People’s Committee, is a key development located in the western part of the capital. Situated in Co Nhue Commune, Tu Liem District (now Co Nhue 1 Ward, Bac Tu Liem District), the project lies in a rapidly urbanizing area. With its strategic location and scale, this urban area offers not only a modern and synchronized living environment but also an attractive investment opportunity in Hanoi’s real estate market.
Project Overview
The New Co Nhue Urban Area spans a total area of 17.6 hectares and is developed by Nam Cuong Hanoi Group JSC. It is designed to accommodate approximately 1,900 residents, offering a modern, well-planned living environment with fully integrated social and technical infrastructure. Notably, the project features a green space ratio of up to 37.5%, ensuring a fresh and nature-friendly living space.
Product Structure and Scale
The project includes a diverse range of real estate products:
- Office buildings for lease.
- More than 50 low-rise villas.
- 3 high-rise apartment buildings with a total of 680 premium units.
Apartment sizes range flexibly from 90m² to 250m². The residential towers are divided as follows:
- CT1 and CT2: 13 floors each.
- CT3: 4 blocks – Blocks B & C (18 floors), Blocks A & D (15 floors).
Strategic Location & Connectivity
The project enjoys a highly convenient location in western Hanoi, specifically along Pham Van Dong Street in Co Nhue 1 Ward, Bac Tu Liem District. One of its biggest advantages is its frontage on the 60-meter-wide Pham Van Dong boulevard.
Transportation Advantages
The area benefits from excellent connectivity, surrounded by three major roads: Hoang Quoc Viet, Pham Van Dong, and Road 69. The infrastructure system is newly developed, meeting modern urban standards.
- Approximately 20 minutes to Hanoi city center.
- Around 30 minutes to Noi Bai International Airport via Thang Long – Noi Bai expressway.
The western side borders Pham Van Dong Street, while the eastern and northeastern sides connect to existing residential areas.
Commercial Development Potential
According to planning, Pham Van Dong will become a major commercial boulevard linked to an international trade center. The area is expected to host multifunctional office towers for finance, commerce, entertainment, tourism, and services, making it a vibrant economic hub in western Hanoi.
External Amenities
Residents can easily access key facilities:
- Metro wholesale supermarket.
- Nearby universities and colleges.
- Major hospitals such as E Hospital and Traditional Medicine Hospital.
- Surrounding urban developments forming a synchronized community.
Modern Design & Planning
The project is designed by experienced domestic and international consultants, ensuring synchronized architecture and infrastructure, with a focus on long-term sustainability.
CT3 Apartment Design – Architectural Highlight
The CT3 building features a V-shaped design, optimizing views and ensuring that most units enjoy open, unobstructed scenery. Each block includes 3 high-speed elevators and 2 staircases, with naturally ventilated and well-lit lobbies.
Technical Infrastructure
- Synchronized road network.
- Parking area of 444m².
- Modern water supply system with high-pressure pumps.
- Fire protection system with hydrants every 100–150m.
- Power supplied from Nghia Do 110/22KV station.
- Complete drainage, sanitation, and telecommunications systems.
Internal Amenities
Security & Facilities
- Video intercom system.
- Fire protection system in basement.
- Central gas system.
- Modern, well-ventilated apartment design.
- High-speed elevators in each block.
Community & Landscape
- Office buildings arranged along main roads to create an impressive urban façade.
- Low-rise housing integrated with schools and green spaces.
- Fitness and gym facilities for residents.
Price Range
Current prices range from 77.05 to 97.28 million VND/m², reflecting the project’s prime location, construction quality, and comprehensive amenities.
Conclusion
Developed by Nam Cuong Hanoi Group JSC, the New Co Nhue Urban Area stands out as a model urban development with strategic location, smart design, complete infrastructure, and rich amenities. With strong economic growth prospects along Pham Van Dong corridor, this project is not only an ideal place to live but also a promising long-term investment opportunity in Hanoi’s real estate market.
