Mailand Hanoi City: One of the Most Modern Urban Areas in the Western Part of the Capital – An Investment Opportunity Not to Be Missed
Mailand Hanoi City urban area, formerly known as North An Khanh Urban Area (also called Splendora Bắc An Khánh, Splendora An Khánh), is one of the largest and most notable real estate projects at the western gateway of Hanoi. With a total area of 264 hectares, located along the strategic Thang Long Boulevard, the project not only offers a high-end living space but also stands out for its long-term investment potential. Launched in 2006 with an initial investment of approximately 2 billion USD, Mailand Hanoi City is gradually shaping into a modern urban complex, expected to accommodate around 35,000 residents upon completion.
Project Overview of Mailand Hanoi City
Mailand Hanoi City is a fully integrated urban complex, comprehensively planned with diverse housing types and a premium system of services and amenities. A highlight of the project’s architecture is the twin towers rising up to 70 floors, along with low-rise housing areas, apartments, and villas, forming a dynamic and modern urban landscape. The current developer is Phu Long Real Estate Joint Stock Company, a member of Sovico Holdings, after acquiring a 50% stake from Posco E&C (South Korea) in 2018.
Basic project information:
- Project name: Mailand Hanoi City (North An Khanh Urban Area/Splendora An Khanh).
- Location: Km8 – Km12 Thang Long Boulevard, across An Khanh, Lai Yen, Song Phuong, and Van Canh communes, Hoai Duc district, Hanoi.
- Developer: Phu Long Real Estate JSC.
- Total area: 264.475 hectares.
- Initial investment: Approximately 2 billion USD.
- Planned population: 35,000 residents.
Strategic Location – Modern Transportation Connectivity
Mailand Hanoi City enjoys a prime location at the western gateway of the capital, situated along the Lang – Hoa Lac Expressway, approximately 9km from Hanoi’s city center. This area boasts one of the most rapidly developing and modern transportation infrastructures. The location allows residents to easily access the city center, Noi Bai International Airport, and major industrial hubs such as Hoa Lac High-Tech Park.
Key connections:
- 7km to the National Convention Center.
- 8km to Big C Thang Long.
- 4km to My Dinh National Stadium.
- 1km to Bao Son Paradise Park.
- 20km to Hoa Lac High-Tech Park.
The project is also surrounded by a series of major developments such as Nam An Khanh Sudico, Geleximco Le Trong Tan, and Vinhomes Smart City, forming a synchronized and highly livable urban cluster.
Infrastructure Planning and Future Development
The development of Mailand Hanoi City is closely tied to the completion of Thang Long Boulevard, one of the most modern highways in Vietnam. This route not only facilitates transportation but also connects key economic and urban areas in the western region such as Quoc Oai, Xuan Mai, Hoa Lac, and Son Tay.
The project also benefits from nearby planned infrastructure:
- Ring Road 3.5: Connecting Duong Noi intersection with Thang Long Boulevard.
- Metro Line 8: Running from Son Dong – Mai Dich – Ring Road 3 – Linh Nam – Duong Xa, offering fast and modern transport.
- Road from An Khanh overpass to Road 72: Direct connection to Ha Dong area.
In terms of product structure, Mailand Hanoi City includes:
- High-rise apartments: About 6,440 units, equivalent to 1,187,993m² of floor area.
- Villas and townhouses: 1,311 units, equivalent to 392,319m² of floor area.
- Other functions: Office spaces, shopping centers, supermarkets, and a large-scale marketing center.
Architectural Design and Product Types
The overall design of Mailand Hanoi City follows a neoclassical style, highlighted by white-painted walls combined with red-tiled roofs. The project emphasizes green spaces, walking paths, and gardens, ensuring a fresh and comfortable living environment.
Splendora Villa Area
The villa area is a standout feature, designed by French architects, offering a luxurious and distinctive style. Covering 24.92 hectares, villas account for 73.1% of the low-rise residential land. The project maintains a low construction density (35%), prioritizing greenery and public amenities.
- Land area: 290m² to 400m².
- Average height: 3 floors.
- Security: Three-layer control system ensuring maximum safety.
Example of a 210m² villa:
- Land area: 210m².
- Total floor area: 187.76m².
- Floors: 3.
- Building density: 39.64% (~83.24m²).
- Total units: 19 villas.
Townhouses
The townhouse area spans 9.19 hectares, accounting for 26.9% of low-rise residential land. The design maximizes natural light and ventilation, harmonizing with the surrounding landscape.
- Land area: 120m² – 240m².
- Building density: 65%.
- Height: 4 floors.
High-Rise Apartments
Apartments are designed with a southern orientation to optimize natural light and ventilation. Each building integrates various internal amenities such as outdoor swimming pools, parking areas, gyms, and children’s playgrounds.
Diverse and Premium Amenities System
Mailand Hanoi City offers a comprehensive system of internal and external amenities, meeting all needs for living, education, entertainment, and healthcare.
Internal Amenities
Amenities are harmoniously integrated with green parks, ensuring high-quality living standards:
- Education: Full educational system from kindergarten to high school, including international schools (total area 12.22 hectares). Residents can access schools within a 5–10 minute walk.
- Commercial Services: Cultural centers, entertainment areas, shopping centers, restaurants, cafés, beauty centers, and fitness centers (total area 14.28 hectares).
- Basic amenities: Parking lots, football fields, parks, jogging tracks, gym, 24/7 security, air conditioning systems, emergency exits, fire protection systems, swimming pools, playgrounds, and schools.
External Amenities
The convenient location allows easy access to surrounding major facilities:
- Shopping centers: Aeon Mall Ha Dong, Big C Thang Long, Vincom Tran Duy Hung, Japanese Garden at Vinhomes Smart City.
- Hospitals: Hospital 198, Hospital E, Traditional Medicine Institute.
- Entertainment: Bao Son Paradise Park, Tuan Chau artificial beach in Quoc Oai.
- Others: F1 racetrack My Dinh, My Dinh Stadium, My Dinh Bus Station.
Construction Progress and Legal Status
Mailand Hanoi City is divided into two phases. Phase 1 has been completed and handed over, including 317 villas, 236 townhouses, and 4 apartment buildings. Over 80% of residents have moved in, and infrastructure and landscaping have been fully completed.
Phase 2 is under active development on 75.85 hectares, focusing on villas, townhouses, and apartments, highlighted by a 6.6-hectare lake.
Legal Status
The project offers flexible legal options:
- Sale contracts: For units under construction with installment payments.
- Asset loan contracts: For land plots or completed houses not yet transferred.
- Ownership certificates: For fully completed properties, granting full ownership rights.
Pricing and Investment Potential
Mailand Hanoi City is positioned in the high-end segment, with prices ranging from 63.33 to 261.7 million VND/m². Specifically:
- Phase 2 pricing: Around 60 – 70 million VND/m² depending on property type.
- Villas: As of August 2022, prices range from 150–170 million VND/m². Villas sized 200–400m² are priced around 20 billion VND per unit.
Although considered high compared to the surrounding market, the project’s strategic location, synchronized planning, superior construction quality, and comprehensive amenities promise strong future returns, especially as western Hanoi emerges as a new development hub.
In April 2022, the project relaunched the Essensia apartment subdivision with 187 units ranging from 105–178m², featuring 2–4 bedrooms. This presents a rare opportunity for investors and homebuyers to own property in one of the most modern and livable urban areas in western Hanoi. With the involvement of Phu Long Real Estate JSC, the project is expected to continue strong development and soon complete all remaining components, solidifying its position as a new symbol of the capital.
