Times City: A Modern Eco Urban Area in the Heart of the Capital
The Times City project, also known as “Eco City” in the original planning, is one of the most notable mixed-use urban developments in Hanoi. Located on Minh Khai Street, the project developed by Vingroup has created an ideal living environment with modern Western architecture, along with a large green landscape system and water lakes.
Times City Project Overview
Times City is a high-end residential, commercial, educational, and healthcare complex built by Vingroup on a land fund of approximately 36 hectares at 458 Minh Khai Street, Hai Ba Trung District, Hanoi. With a construction density of only 20%, the project prioritizes green space, providing fresh and cool air for residents of the capital.
The project was completed and handed over in 2017, becoming an architectural symbol and green living space in the southeast of Hanoi.
Basic Information
- Project name: Times City (also known as Eco City)
- Address: 458 Minh Khai, Vinh Tuy Ward, Hai Ba Trung, Hanoi.
- Developer: Vingroup Corporation.
- Total land area: 36.45 hectares.
- Construction density: 20%.
- Price range: 107.33 - 145.45 million VND/m².
Prime Location
Times City is located at a strategic gateway in the southeastern part of Hanoi. This location is considered prime, ensuring convenient and fast transportation connections to key areas of the city.
The project is less than 4 km from Hoan Kiem Lake to the south, very close to Vinh Tuy Bridge, and easily connects to the western gateway to the city center (Nga Tu So) via a modern elevated highway system. This allows residents to travel flexibly and save time.
Master Plan and Development Phases
Times City is designed with a total of 23 buildings, ranging from 27 to 35 floors. A highlight of the planning is a 10-hectare water lake area, along with over 100,000m² of parks and green spaces. The apartment buildings are optimized for living space, maximizing natural light and ventilation, providing a cool environment in summer.
Main Phases
The project is divided into three main development phases:
Phase 1 (Completed in 2014)
This phase includes 12 residential towers (T1, T2, T3, T4, T5, T6, T7, T8, T9, T10, T11, T18), 2 office towers (Tower 1, Tower 2), Vinschool, Vinmec Hospital, and Vincom Mega Mall shopping center.
Phase 2 - Park Hill (Completed in 2017)
This phase includes 7 apartment towers (Park 1, Park 2, Park 3, Park 5, Park 6, Park 7, Park 8).
Phase 3 - Park Hill Premium (Completed in 2017)
This final phase includes 4 apartment towers (Park 9, Park 10, Park 11, Park 12) and an expanded Vinschool area.
Apartment Design
Apartments at Times City range from 53.4m² to 160m², designed from 1 to 4 bedrooms, meeting diverse needs from young families to multi-generational households.
Premium Utility System
The Times City complex stands out with its massive and diverse utility system, creating an “all-in-one” lifestyle for residents. Functional zones include:
- High-end apartment system.
- Vincom Mega Mall shopping center.
- Large entertainment area (including Hanoi’s first aquarium).
- Diverse food and dining zones.
- Over 100,000m² of parks and lakes.
Detailed utility list
Residents of Times City enjoy a wide range of modern internal amenities, including:
- Elevators, reception.
- Shopping mall, supermarket, convenience stores.
- Restaurants, coffee shops, BBQ areas.
- Kindergartens, primary schools.
- Medical station, ATM & banks.
- Swimming pool, infinity pool.
- Gym, yoga room, sauna, spa.
- Tennis court, basketball court, football field.
- Park, jogging track, children’s playground.
- Community activity room.
- Parking area.
- Security system, air conditioning system, emergency exits, fire protection system.
Updated Sales and Rental Prices (June 2021)
Times City is not only an ideal place to live but also an attractive investment opportunity. Below is a detailed update on transfer and rental prices as of June 2021, according to batdongsan.com.vn:
Transfer prices (Selling price)
Towers T1 to T11 and T18 (Phase 1)
- 1-bedroom apartment (53m²): From 1.9 billion VND.
- 2-bedroom apartment (75m² - 108.7m²): From 2.78 - 3.6 billion VND.
- 3-bedroom apartment (95m² - 118m²): From 3.6 - 4.6 billion VND.
- 4-bedroom apartment (160m²): From 7.5 billion VND.
Towers P01 - P08 (Park Hill)
- 1-bedroom apartment (48m²): From 2.2 - 2.4 billion VND.
- 2-bedroom apartment (64m² - 87m²): From 2.55 - 3.8 billion VND.
- 3-bedroom apartment (88m² - 125m²): From 4 - 5.5 billion VND.
- 4-bedroom apartment (131m² - 152m²): From 5.5 - 7.3 billion VND.
Towers P09 - P12 (Park Hill Premium)
- 2-bedroom apartment (68m² - 79m²): From 2.95 - 3.5 billion VND.
- 3-bedroom apartment (94m² - 118.5m²): From 4.5 - 5.15 billion VND.
- 4-bedroom apartment (144m² - 157m²): From 7.5 - 8.6 billion VND.
- 5-bedroom apartment (178m²): From 9.5 billion VND.
Rental prices
Apartment rental prices at Times City are categorized based on number of bedrooms and furnishing condition:
1-bedroom apartment
- Unfurnished: 8 - 8.5 million VND/month.
- Fully furnished: 9.5 - 10 million VND/month.
2-bedroom apartment
- Unfurnished: 9 - 11 million VND/month.
- Fully furnished: 11 - 14 million VND/month.
3-bedroom apartment
- Unfurnished: 12 - 14 million VND/month.
- Fully furnished: 14 - 18 million VND/month.
4-bedroom apartment
- Unfurnished: 16 - 18 million VND/month.
- Fully furnished: 25 million VND/month.
Conclusion
Times City, with its large scale, strategic location, modern architecture, and diverse utility system, has affirmed its position as one of the most livable mixed-use urban areas in Hanoi. The project not only provides a convenient living space but also offers a green ecological environment, meeting all needs from education, healthcare, shopping to entertainment for residents.
