Vinaconex 1 Building: A Highlight of Apartments and Offices in a “Golden” Location of the Capital
The Vinaconex 1 Building project is not only a prominent architectural structure but also a symbol of modern urban development in Hanoi. Located at the strategic intersection of two rapidly developing districts, Cau Giay and Thanh Xuan, the project has been completed and put into use, offering a high-end living and working space while contributing to the transformation of the capital’s urban landscape.
With a price range from approximately 76.13 to 92.57 million VND/m², Vinaconex 1 is considered a worthwhile option for those seeking a centrally located property with synchronized utilities and reliable construction quality.
Detailed Overview of Vinaconex 1 Building Project
Vinaconex 1 Building, developed by VINACONEX 1 Construction Joint Stock Company, was planned and constructed to create a modern urban complex with green landscape and multifunctional spaces. The project is located along the Ring Road 3 axis, surrounded by a cluster of cultural, sports, office, and high-end hotel facilities.
Basic Project Information
The project has been completed and put into operation, demonstrating its quality and on-time delivery. Key specifications include:
- Project name: Vinaconex 1 Building
- Developer: VINACONEX 1 Construction Joint Stock Company
- Design consultants: SUNJIN Vietnam Joint Venture and VCC Industrial and Urban Construction Consulting JSC
- Location: Khuat Duy Tien Street, Trung Hoa Ward, Cau Giay District, Hanoi
- Land area: 10,510 m²
- Construction area: 4,181 m²
- Total floor area: 89,787 m²
- Total investment: ~1,000 billion VND
- Start date: May 20, 2009
Scale and Building Structure
Vinaconex 1 Building is designed on a large scale to meet residential, office, and service needs:
- Construction footprint: 4,181 m²
- Green landscape and roads: 5,262 m²
- Above-ground floor area: 65,623 m² (residential, office, public services)
- Technical floors: 5,313 m²
- Basements: 2 basements with a total of 18,838 m² for parking
- Total apartments: 285 units
- Apartment sizes: 118 m² – 211 m²
- Estimated population: ~1,800 people
Strategic Location and Connectivity
Vinaconex 1 Building is located on Khuat Duy Tien Street, Trung Hoa Ward, Cau Giay District, Hanoi. This is a strategic location connecting Cau Giay and Thanh Xuan districts, directly on Ring Road 3 – one of Hanoi’s main transport arteries.
Location Advantages
- Direct access to Ring Road 3, ensuring fast travel to other areas and neighboring provinces.
- Close to major cultural, sports, office, and hotel complexes, forming a modern urban ecosystem.
- Highly developed infrastructure and dynamic surrounding environment.
Impact on Property Value
The central location on a major road helps Vinaconex 1 maintain strong value and stable price appreciation. The current price range of 76.13 – 92.57 million VND/m² reflects a completed, high-quality project in a prime location.
Infrastructure and Internal Amenities
Technical Infrastructure
- Large internal roads and parking system with 2 basements (18,838 m² total).
- Green landscape area of 5,262 m² providing relaxation space.
- Modern water supply, drainage, electricity, and lightning protection systems.
Public Facilities
- Swimming pool for relaxation and fitness.
- Sports and gym facilities.
- Various public service areas totaling over 6,000 m².
Developer and Project Progress
VINACONEX 1 Developer
The project is developed by VINACONEX 1 Construction Joint Stock Company, a reputable developer in Vietnam’s construction industry. The project has been completed and handed over, ensuring reliability and trust for buyers.
Project Status
The project was started on May 20, 2009 and has now been fully completed and put into use, allowing residents and tenants to move in immediately.
Investment Potential Analysis
- Prime location: Central position between Cau Giay and Thanh Xuan districts.
- Mixed-use development: Residential and office combination increases rental demand.
- Completed project: Reduces investment risk and ensures immediate usability.
- Large apartments: Suitable for high-income families seeking spacious living.
With its strategic location, high-quality construction, and stable value, Vinaconex 1 Building represents a sustainable investment opportunity in Hanoi’s real estate market.
In conclusion, Vinaconex 1 Building is an ideal choice for those seeking a modern, convenient, and well-located living space in Hanoi, while also offering long-term investment value.
