Detailed Review of Lucky House Kien Hung Social Housing Project: A Residential Opportunity in Ha Dong
The Lucky House Kien Hung project in Ha Dong, Hanoi, is one of the standout highlights in the social housing segment, offering an opportunity to own apartments at preferential prices for residents of the capital. Developed by Vinaconex21 Joint Stock Company, the project not only meets urgent housing demand but also ensures construction quality and a synchronized utility system. This article provides a comprehensive overview of the Lucky House Kien Hung project based on detailed information from the developer.
Project Overview of Lucky House Kien Hung
Lucky House Kien Hung is a social housing project developed by Vinaconex21 Joint Stock Company. Construction officially started in Q4/2016 and was expected to be completed and handed over in Q3/2018. With a prime location in Ha Dong District and attractive selling prices, the project attracted significant market attention.
Basic Information
Lucky House Kien Hung has a clear scale and technical specifications, ensuring transparency for customers:
- Project name: Lucky House Apartment
- Developer: Vinaconex 21 Joint Stock Company
- Location: Le Xuan Diep Street, Kien Hung Urban Area, Ha Dong District, Hanoi.
- Planned land area: 6,222.5 m²
- Construction area: 2,003.6 m²
- Building ratio (Construction density): 32.2%
- Height: 19 floors
- Basement levels: 1 basement
- Commercial floors: 1 floor
- Number of apartments: 432 units
- Groundbreaking: Q4/2016
- Completion: Q3/2018
- Ownership type: Permanent
Prime Location and Convenient Transportation Connectivity
Lucky House Social Housing Project is located on CT01 land lot in the resettlement auction area and Kien Hung Social Housing area, right on Le Xuan Diep Street, Ha Dong District, Hanoi. This location is highly appreciated thanks to its synchronized and completed infrastructure and landscape architecture.
Location Advantages
Located in the southern area of Ha Dong District, Lucky House enjoys flexible transportation connectivity, adjacent to many key roads, helping residents easily travel to central and suburban areas:
- Ring Road 3: An important route connecting different areas of the city.
- Phuc La - Van Phu Road: Main route in the area.
- Ring Road 3.5 (80m cross-section): Being planned and developed, promising stronger connectivity.
- Cat Linh - Ha Dong elevated railway: Providing modern and fast public transportation.
The synchronized development of infrastructure in the nearby Mau Luong Urban Area also brings many outstanding external amenities for Lucky House residents.
Modern and Comfortable Apartment Design
Lucky House is developed as a 19-story apartment tower. Although it is a social housing project, the apartments at Lucky House are still guaranteed modern designs, optimized living space, and natural lighting.
Apartment Details
The project offers a total of 432 apartments with diverse areas, suitable for many customer groups, especially young families or single residents:
- Apartment area: From 40 m² to 69.5 m².
- Layout: 1 to 2 convenient bedrooms.
Apartment designs focus on creating open natural spaces with ventilation, ensuring every apartment is filled with freshness and light, enhancing residents' quality of life.
Complete Internal and External Utility System
Developer Vinaconex21 invested in a quality internal utility system to fully serve residents' lives. At the same time, thanks to its location in a synchronized infrastructure area, residents also benefit from a wide range of developed surrounding amenities.
Internal Amenities
Although it is a social housing project, Lucky House is still equipped with all basic and essential amenities, creating a comfortable living community:
- Outdoor children's playground: Helping children develop physically and mentally.
- Fitness area and basketball court: Meeting residents' exercise needs.
- Walking paths and outdoor relaxation area: Ideal spaces for relaxation and social interaction.
- Fountain, stone benches, green landscape: Creating a cool and fresh environment.
- Mini supermarket: Serving daily shopping needs right in the building.
External Amenities
Lucky House has quick access to important social amenities within a short radius, including schools, healthcare, and major urban areas:
- 300m to Hang Dao kindergarten.
- 200m to Kien Hung secondary school.
- 1.2km to Mau Luong primary school.
- 300m to bus station and Kien Hung market.
- 800m to elevated railway station.
- 1.5km to Xa La Urban Area, Hospital 103, Ha Dong District center.
- 500m to Hong Ha Cenco Urban Area.
- 4km to Metro Ha Dong supermarket and Ha Dong market.
Selling Price and Attractive Payment Policy
As a social housing project, Lucky House Kien Hung offers extremely preferential selling prices, creating favorable conditions for low- and middle-income buyers to own homes in Hanoi. The official selling price was VND 13.65 million/m² (including 5% VAT, excluding maintenance fees). This price was significantly lower than the average commercial projects in the area.
Reference market prices (resale/private transactions) for the project also range from VND 53.71 - 77.5 million/m².
Flexible Payment Schedule
The developer applies a 7-installment payment schedule, helping customers reduce financial pressure and clearly plan their capital:
- Phase 1: Pay 20% of apartment value upon signing the sales contract.
- Phase 2: Pay 10% of apartment value after construction reaches the 5th floor.
- Phase 3: Pay 15% of apartment value after construction reaches the 10th floor.
- Phase 4: Pay 15% of apartment value after construction reaches the 15th floor.
- Phase 5: Pay 10% of apartment value after topping out.
- Phase 6: Pay 25% of apartment value + 2% maintenance fee of total apartment value upon handover.
- Phase 7: Pay the remaining 5% upon receiving the ownership certificate.
This payment schedule was designed based on the actual construction progress of the project, ensuring buyers' rights and peace of mind.
Assessment of Lucky House Kien Hung
Lucky House Kien Hung is not only a social housing project but also an ideal residential choice thanks to its outstanding advantages in location, amenities, and pricing. With the reputable developer Vinaconex 21 Joint Stock Company, the project ensures committed quality and progress.
Outstanding Advantages
The project is located in an area with moderate construction density (32.2%), creating an airy living environment without overcrowding. The total planned land area of 6,222.5 m² is large enough to develop essential internal amenities. Most importantly, owning an apartment at the price of VND 13.65 million/m² (launch period) was a rare opportunity in an infrastructure-developed area like Ha Dong.
In addition, the fact that the project was completed and handed over in Q3/2018 provides confidence regarding legal status and immediate usability for buyers.
Lucky House Kien Hung Social Housing Project is proof of enterprises' efforts in supporting social housing policies, contributing to solving housing needs for modest-income residents in the capital.
If you are looking for a stable residence with convenient transportation and full basic amenities in Ha Dong area, Lucky House Kien Hung deserves to be a top option to consider.
