The Paris Vinhomes Ocean Park

French-themed high-rise sub-zone of Vinhomes Ocean Park 1 by Vingroup and Mitsubishi Corporation: five towers with around 3,144 apartments, launched in 2025.

The Paris Vinhomes Ocean Park apartment project in Gia Lam Commune, Hanoi
Price per m²56+ million VND/m²
Developer
Vingroup & Mitsubishi Corporation
Status
Now selling
Address
Ly Thanh Tong Street, The Metropolitan, Vinhomes Ocean Park 1, Gia Lam Commune, Hanoi
Total area
3 ha
Towers
5
Units
3,144
Handover
2026–2027 (expected)
Ownership
Long-term for Vietnamese, 50 years for foreigners (within quota)

Updated

Amenities

  • 6.1-ha saltwater lagoon
  • 24.5-ha central lake
  • Vincom Mega Mall
  • Vinschool and VinUni
  • Vinmec
  • Retail shophouses

The Paris is one of the last high-rise sub-zones in Vinhomes Ocean Park 1, part of The Metropolitan cluster developed by Vingroup with Japan’s Mitsubishi Corporation. Its five towers – PR1, PR2, PR3, PR5 and PR6 – borrow French architectural details and hold around 3,144 apartments. Construction started in late 2024 and the towers were rolled out to buyers through 2025, including tower PR3 on the Ly Thanh Tong corner in the second quarter.

The Paris Vinhomes Ocean Park apartment project in Gia Lam Commune, Hanoi

Apartments for sale in The Paris Vinhomes Ocean Park

Apartment sale market snapshot: The Paris Vinhomes Ocean Park (November 2026)
Active listings1
Price range3.38 billion VND
Median price3.38 billion VND
Median price per m²56.3 million VND/m²
Area range60 m²

Apartments for rent in The Paris Vinhomes Ocean Park

Apartment rental market snapshot: The Paris Vinhomes Ocean Park (November 2026)
Active listings1
Price range7.5 million VND/month
Median price7.5 million VND/month
Area range43 m²

Quick facts

DeveloperVingroup and Mitsubishi Corporation
LocationThe Metropolitan, Ly Thanh Tong Street, Vinhomes Ocean Park 1, Gia Lam Commune, Hanoi
Site areaAbout 3 ha
TowersPR1, PR2, PR3, PR5, PR6 (30–38 floors)
ApartmentsAbout 3,144, plus shophouses
Unit sizesStudio 26–35 m², 1BR 41–48 m², 2BR 54–76 m², 3BR 74–97 m²
Construction startQ4 2024
Expected handoverLate 2026 – 2027

Who is behind The Paris

Vingroup builds and operates the Ocean Park 1 township, while Mitsubishi Corporation is its partner on The Metropolitan cluster, which also includes The London. The sub-zone uses the Vinhomes product standards and Vinhomes’ property management.

Location: the heart of Ocean Park 1

The Paris sits on three roads – Ly Thanh Tong, Hai Dang 8 and Hai Dang 5 – in the middle of Ocean Park 1 in Gia Lam. Residents share the township’s 6.1-ha saltwater lagoon and 24.5-ha lake, Vincom Mega Mall, Vinschool, VinUniversity and Vinmec. The Thanh Tri and Vinh Tuy bridges link the area to central Hanoi.

Apartments and prices

Layouts run from studios to three-bedroom homes, with 17 to 20 apartments per floor. 2025 price guides put two-bedroom units of 65–76 m² at about 4.7–5.4 billion VND and three-bedroom units of 85–88 m² at about 5.8–6.5 billion VND. A 47 m² one-bedroom-plus resale listing asked about 3.6 billion VND.

Amenities

  • Ocean Park 1 saltwater lagoon and central lake
  • Vincom Mega Mall and street retail
  • Vinschool, VinUniversity and Vinmec
  • Parks, sports courts and running tracks
  • Shophouses at the base of the towers

Renting at The Paris

Ocean Park 1 has an established rental market with students and staff from VinUniversity, Vinmec and nearby offices, and many young families. Small units should rent easily, but there is a lot of competing stock in the township.

Pros and cons

Pros

  • Central position in a mature township
  • Vingroup – Mitsubishi partnership
  • Full township amenities already open
  • Wide range of compact layouts

Cons

  • Large number of similar units in Ocean Park
  • High density with up to 20 units per floor
  • Commute to central Hanoi at peak hours

Who it suits

The Paris suits first-time buyers and investors who want a compact apartment in a fully operating township on Hanoi’s eastern side.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Wiki Batdongsan – Hanoi Q3 2025 launches, Thu Vien Phap Luat – The Paris prices, Bao Dau Tu – Hanoi 2025 launches, Batdongsan – project page. Prices, handover dates and rental terms change often – always confirm the current details with the developer or a licensed agent before you commit.

Frequently asked questions

What is The Paris at Vinhomes Ocean Park?

A five-tower, French-themed sub-zone in Vinhomes Ocean Park 1, Hanoi, with around 3,144 apartments.

Who developed The Paris?

Vingroup together with Mitsubishi Corporation, as part of The Metropolitan cluster.

How much does a two-bedroom cost?

2025 price guides put 65–76 m² two-bedrooms at about 4.7–5.4 billion VND.

When will The Paris be handed over?

Sources point to handover from late 2026 into 2027.

What amenities are nearby?

The Ocean Park lagoon and lake, Vincom Mega Mall, Vinschool, VinUniversity and Vinmec.

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