South Building: A Highlight for Living and Investment in Phap Van - Tu Hiep Urban Area
South Building, located in the prime position of the new Phap Van - Tu Hiep Urban Area, Hoang Liet Ward, Hoang Mai District, Hanoi, is emerging as an attractive option for both residential living and investment purposes. The project benefits from a synchronized technical infrastructure and fully completed utilities of the Phap Van - Tu Hiep urban area, while also being close to other dynamic developments such as Linh Dam and Yen So Park. The combination of strategic location, smart design, and diverse amenities creates a distinctive value for South Building.
Overview of South Building Project
South Building is a residential and office project developed by TASCO Joint Stock Company. The project is constructed on a land area of 2,173 m², with a total floor area of up to 20,108 m². This 16-storey building provides 140 apartments along with various functional areas to fully meet the needs of residents and businesses.
Basic project information:
- Project name: South Building
- Investor: TASCO Joint Stock Company
- Address: Phap Van - Tu Hiep New Urban Area, Hoang Liet Ward, Hoang Mai District, Hanoi
- City: Hanoi
- Latitude/Longitude: 20.94832993 / 105.8531876
- Total land area: 2,173 m²
- Total construction floor area: 20,108 m²
- Scale: 16-storey building
- Number of apartments: 140 units (as per overview)
- Price range: 68.75 - 84.3 million VND/m²
The building structure is clearly divided into functional zones, serving multiple purposes:
- Commercial area (1st floor): 783 m²
- Kindergarten and community area (2nd floor): 622 m²
- Office area (3rd - 7th floors): 4,815 m²
- Residential apartments (8th - 22nd floors): 4,346 m² (Note: There is a discrepancy as the building is described as 16 floors; this may be due to older data or different classification. However, the project provides 140 apartments.)
This arrangement brings maximum convenience as all essential services are integrated within the building, creating a modern, dynamic, and self-contained community.
Strategic Location and Connectivity
South Building enjoys a strategic location within the fully planned Phap Van - Tu Hiep Urban Area, which has a modern and synchronized infrastructure system. This position ensures flexible connectivity to key areas of Hanoi.
The project is located near Tu Hiep Hong Ha Eco City, Linh Dam Urban Area, and especially Yen So Park Urban Area, as well as Linh Dam Lake, providing a green and convenient living environment.
Surrounding boundaries:
- North: Adjacent to Hoang Mai District Party Committee center.
- South: Adjacent to Tu Hiep Hong Ha Eco City.
- East: Adjacent to Yen So Park, one of Hanoi’s largest green lungs.
- West: Adjacent to residential areas and Linh Dam Urban Area.
This location not only offers excellent transportation convenience but also provides a high-quality living environment with access to parks, public facilities, and administrative centers of Hoang Mai District.
Diverse and Modern Amenities
South Building is designed as a complete residential and working complex, meeting all daily needs of residents. The project focuses on developing internal infrastructure and amenities, including:
Living and commercial facilities:
- Multi-purpose shopping area (1st floor): A dynamic commercial and service system providing essential daily goods.
- Kindergarten (2nd floor): A safe and convenient childcare area for working parents.
- Professional office space (3rd - 7th floors): Designed with a professional layout and served by 2 dedicated office elevators.
Technical infrastructure:
- 2 basement parking levels.
- 5 high-speed elevators serving residents and offices.
- Modern ADSL internet system.
- Cable television system.
- 24/7 security camera system ensuring absolute safety.
These amenities are systematically planned to ensure a convenient lifestyle where residents can enjoy shopping, education for children, and professional working spaces within the same building.
Optimized Apartment Design
South Building’s design focuses on efficiency and maximizing usable space. The project includes 126 apartments (according to design documents), finished with high-quality materials.
Key design features:
The design aims to create airy, well-ventilated spaces. With a slit-cut architectural style, all bedrooms are equipped with large windows, maximizing natural light and ventilation while expanding outside views.
- Functional spaces are arranged logically for modern living convenience.
- Design suits Vietnamese lifestyle preferences.
- Natural air circulation system provides continuous fresh air.
Life at South Building harmonizes with nature, offering residents a relaxing and energetic living environment.
Typical floor plans and interior models:
Apartments are delivered with elegant interior designs, providing a luxurious living space from the moment of handover. The layout shows diverse apartment types:
- Typical floors (8th - 22nd) are logically arranged.
- Apartment types A1, A2, A3 and B5, B6 models.
- Living rooms, kitchens, and bedrooms are designed in an open-plan style to maximize light and airflow.
Financial Support and Payment Schedule
To facilitate buyers, South Building offers a flexible 7-stage payment plan aligned with construction progress:
- Phase 1 (Contract signing): 30%
- Phase 2 (Structure to 4th floor): 10% (Jan 2017)
- Phase 3 (Structure to 8th floor): 10% (Mar 2017)
- Phase 4 (Structure to 12th floor): 10% (May 2017)
- Phase 5 (Topping out): 10% (Aug 2017)
- Phase 6 (Handover): 25% (Q1 2018)
- Phase 7 (Red book issuance): 5%
Note: The timeline (2017–2018) indicates the project has been completed and is now in operation. Current prices may refer to resale market values.
Investment Value and Growth Potential
With a price range of 68.75 – 84.3 million VND/m², South Building is considered competitively priced compared to similar properties in Hoang Mai District, especially given its location and amenities.
Located in the established Phap Van - Tu Hiep Urban Area, the project benefits from fully developed infrastructure. The surrounding area continues to grow thanks to improved transportation routes and expansion of parks and green spaces. Rental potential for both apartments and office spaces is also strong due to its proximity to administrative centers and major urban developments.
Conclusion
South Building is an ideal choice for those seeking housing in southern Hanoi, offering a full combination of location, amenities, and construction quality. Developed by TASCO, the project delivers a modern, convenient living space as well as a sustainable investment opportunity in the capital’s real estate market.
