Park View Residence Duong Noi: A Prime Residential Highlight in Western Hanoi
Park View Residence is a sub-zone within the CT7 apartment complex of Duong Noi New Urban Area. The project was acquired and developed by Century Real Estate Investment and Development JSC (CENINVEST) from Nam Cuong Group. Located in a strategic position on To Huu Street, Duong Noi Ward, Ha Dong District, the development stands out with modern design, synchronized amenities, and low construction density, offering an ideal living environment for Hanoi residents.
Project Overview
Park View Residence represents the highest-end product line within the CT7 complex. As the final phase, it is developed with a strong focus on modern amenities and living quality. Key project specifications include:
- Official name: Park View Residence Sub-zone – Duong Noi New Urban Area
- Developer: Century Real Estate Investment and Development JSC (CENINVEST)
- Location: To Huu Street, Duong Noi Ward, Ha Dong District, Hanoi
- Total land area: 10,558.5 m²
- Construction area: 8,425.6 m²
- Construction density: 26.6% (rounded to 26%)
- Scale: 3 towers (H, J, K), 25 floors each, with 2 basements and 1 commercial floor
- Total units: 627 apartments
Development Partners
- Main contractor: Phuc Hung 7 Construction Investment JSC
- Supervision consultant: TSG Vietnam Investment JSC
- Exclusive distributor: STDA Real Estate Supermarket System
Strategic Location and Connectivity
Park View Residence is located in one of the fastest-growing urban areas in Hanoi. Residents benefit from convenient access to major infrastructure and public services.
The project offers flexible connectivity to western Hanoi, the city center, and neighboring provinces via key transport routes such as Lang – Hoa Lac Expressway, Khuat Duy Tien Street, and Ring Road 4.
Nearby Amenities and Infrastructure
- Duong Noi Market: 1 km
- Bao Son Paradise Park: 2.5 km
- Yen Nghia Bus Station: 3 km
- Ha Dong center: 3 km
- Military Hospital 103: 4 km
- Hanoi University: 6 km
- Big C Hypermarket: 6 km
Modern Internal Amenities
Park View Residence offers a high-quality living experience with a fully integrated system of internal amenities:
- 2 interconnected basement levels serving over 1,000 car parking spaces with smart management systems
- Green landscape and internal roads covering 25,831 m²
- Modern gym and fitness center
- Kindergarten within the project
- Spacious lobby areas (over 50 m² per floor)
- 24/7 security camera system ensuring safety
- Relaxation amenities such as walking gardens and swimming pool
Apartment Design
Apartments are optimized for functionality, ventilation, and natural lighting, catering to a wide range of buyers.
2-Bedroom Apartments
- Sizes: 55 m² – 57 m² – 59 m² – 62 m² – 72 m²
3-Bedroom Apartments
- Size: 107 m²
Construction Progress and Sales Policy
The project has been completed and handed over to buyers (expected handover date: June 30, 2016), ensuring legal clarity and delivery commitment.
Pricing and Payment Policy
- Price range: 67.54 – 79.62 million VND/m²
- Starting price: from 16.7 million VND/m² (approximately 1.015 billion VND/unit, including VAT, interior finishing, and 2% maintenance fee)
Payment schedule is divided into 5 flexible installments:
- Deposit: 50 million VND
- Phase 1: 30% upon signing the contract (within 7 days after deposit)
- Phase 2: 20% (October 20, 2015)
- Phase 3: 20% (December 20, 2015)
- Phase 4: 20% (January 20, 2016)
- Phase 5: 10% upon handover (June 30, 2016)
Financial Support
- Interest rate: 4.5% for the first 12 months
- Principal grace period: 12 months
- Early repayment penalty: 1.5% (first 2 years), 0.5% (year 3), free after 3 years
Conclusion
With its strategic location in a rapidly developing area of Hanoi, modern design, low construction density (only 26%), and comprehensive internal amenities, Park View Residence Duong Noi stands out as a top choice for homebuyers seeking high-quality living. The project not only delivers strong residential value but also ensures long-term investment potential thanks to the robust infrastructure growth in western Hanoi.
