Detailed Review of Mipec Riverside Apartment Project – A Modern High-End Residential and Commercial Complex in Hanoi
Mipec Riverside, developed by Military Petroleum Joint Stock Company (Mipec), is one of the most outstanding high-end apartment and commercial complexes in the eastern area of Hanoi. With its prime location, modern design, and diverse amenities, the project promises to deliver an ideal and convenient living space for residents of the capital.
Overview of Mipec Riverside Project
Mipec Riverside is located at No. 2 Long Bien Street, Ngoc Lam Ward, Long Bien District, Hanoi. With a total land area of nearly 17,000m² (specifically 1.67 hectares or 16,690 m²), the project has an investment capital of approximately VND 3,000 billion, demonstrating its scale and construction quality.
Project Scale and Structure
Mipec Riverside consists of two towers, each rising 35 floors. The building structure is clearly divided to optimize functionality:
- 3 basement levels: Used for parking, meeting the needs of both residents and visitors to the commercial center.
- Floors 1 - 6: Modern commercial and service areas, including supermarkets, retail shops, restaurants, banking services, fitness centers, healthcare and beauty services, a 3D cinema, and notably an international-standard swimming pool.
- Floors 7 - 35: Dedicated to high-end residential apartments, providing private and comfortable living spaces.
Developer and Design Unit
- Developer: Military Petroleum Joint Stock Company (MIPEC).
- Design Consultant: DA Group Architecture Company (South Korea).
Strategic Location of Mipec Riverside
Mipec Riverside boasts a highly strategic and convenient location. The project is situated at No. 2 Long Bien Street, Ngoc Lam Ward, Long Bien District, Hanoi, adjacent to three major roads:
- Long Bien 1 Street.
- Long Bien 2 Street.
- Ngoc Thuy Dyke Road.
This connectivity allows residents to easily access other parts of the city. Moreover, its riverside location offers scenic views and high aesthetic value, overlooking Long Bien Bridge, the Red River, and the entire Hanoi city center.
Smart and Flexible Apartment Design
Mipec Riverside offers 18 different apartment types to meet diverse customer needs. Apartment sizes range from 69 m² to 150.49 m², with layouts of 2 to 3 bedrooms.
The design emphasizes modernity and smart functionality, optimizing space usage. Windows and balconies are thoughtfully arranged to maximize natural light and ventilation, creating airy, flexible, and comfortable living environments for all households.
Diverse Internal Amenities
As a high-end residential and commercial complex, Mipec Riverside is fully equipped with modern facilities and amenities to ensure a high-quality lifestyle for its residents. Key highlights include:
- A large shopping mall with retail, dining, and entertainment services.
- Community activity areas to encourage resident interaction.
- An international-standard swimming pool.
- A modern 3D cinema.
- Spa and beauty care centers.
- Indoor sports and fitness facilities.
- On-site banking services.
Pricing and Financial Support Policy
Price Range
Apartment prices at Mipec Riverside range from approximately 83.75 million VND/m² to 112.34 million VND/m².
Financial Support Policy
Buyers purchasing apartments at Mipec Riverside receive financial support from MB Bank, making home ownership more accessible.
Detailed Payment Schedule
The payment schedule is divided into 7 installments as follows:
- Phase 1: 30% of the apartment value (excluding 2% maintenance fee) upon contract signing (including deposit if any).
- Phase 2: 10% of the apartment value (excluding 2% maintenance fee) upon contract signing (including deposit if any).
- Phase 3: 10% of the apartment value (excluding 2% maintenance fee) within 5 days after signing the contract.
- Phase 4: 15% of the apartment value (excluding 2% maintenance fee) upon completion of the 25th floor slab.
- Phase 5: 15% of the apartment value (excluding 2% maintenance fee) upon apartment handover or roof completion.
- Phase 6: 15% of the apartment value (excluding 2% maintenance fee) upon basic apartment handover.
- Phase 7: 5% of the apartment value (excluding 2% maintenance fee) before official handover upon notification.
Note: The total of all payment phases equals 100% of the apartment value.
Conclusion
Mipec Riverside is not only a high-end residential project but also a fully integrated commercial and service complex, offering a modern and convenient lifestyle. With strong investment from Military Petroleum Joint Stock Company, a prime riverside location along the Red River, and smart architectural design, Mipec Riverside stands out as a top choice for those seeking an ideal living space in Hanoi.
