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The Terra Hao Nam

The Terra Hao Nam, also marketed as The Nesta, is a 72-apartment boutique block at 83 Hao Nam in central Hanoi, with shophouses and townhouses on a 0.68-hectare site.

Hao Nam street in Dong Da, Hanoi, the address of The Terra Hao Nam
Developer
Van Phu – Invest (joint venture with Van Phu No.2 Investment JSC)
Status
Handed over
Address
83 Hao Nam, O Cho Dua Ward, Hanoi
Total area
About 0.68 ha
Towers
1
Units
72
Handover
From 2019
Ownership
Long-term for Vietnamese buyers; 50 years for foreigners

Updated

Amenities

  • Concierge lobby
  • Gym
  • Community room
  • Basement parking with designated spaces
  • Street-level shophouse retail
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The Terra Hao Nam is the smallest project on this part of our site, and deliberately so. Van Phu – Invest put a single 13-storey residential block on a 0.68-hectare plot at 83 Hao Nam and filled it with just 72 apartments, alongside a short parade of shophouses and a row of townhouses facing the street. Agents often list it under its second name, The Nesta.

That scarcity is the whole proposition. Hao Nam sits inside the triangle formed by Hoan Kiem, Ba Dinh and Dong Da, roughly 800 metres from Hoang Cau lake and three and a half kilometres from Hoan Kiem lake. Land of this size does not come up in the old city, and when a building here has 72 homes rather than 700, the lift lobby stays quiet and the car park does not queue.

Prices reflect that. Resale listings have run between roughly 130 and 190 million dong per square metre, which places it firmly in Hanoi’s premium bracket — two-bedroom units of 77 sq m have traded around 10 to 11.5 billion dong, and the large dual-key and duplex layouts of 142 to 300 sq m considerably higher.

The Terra Hao Nam at a glance

DeveloperVan Phu – Invest, in a joint venture with Van Phu No.2 Investment JSC
Address83 Hao Nam, O Cho Dua Ward, Hanoi
Site areaAbout 0.68 ha
Apartments72
BuildingOne 13-storey residential block
Other productsAround 10 shophouses and 15 townhouses and villas fronting Hao Nam
Unit sizesAbout 62 – 142 sq m, plus duplex layouts to roughly 300 sq m
HandoverFrom 2019
OwnershipLong-term for Vietnamese buyers; 50 years for foreign buyers

Location and getting around

The practical draw is the metro. The Cat Linh – Ha Dong elevated line runs along the end of the street, and the Nhon – Hanoi Station line passes close by, which makes this one of the few central Hanoi addresses where a car is genuinely optional. Giang Vo, Nguyen Thai Hoc, Hoang Cau and the Van Mieu area are all walkable or a short ride.

Everything that comes with a central location comes with it here too. The surrounding lanes are old and tight, street parking is contested, and the Cat Linh junction is busy from early morning. The compensation is that you are inside the city rather than commuting into it.

Because the building is small, the amenity list is short and honest: a basement car park with a designated space per apartment, a lobby with concierge, a gym and a community room. There is no large pool or mall podium, and buyers at this address are generally not looking for one.

The Cat Linh to Hao Nam stretch in central Hanoi
The Cat Linh – Hao Nam stretch, where the elevated metro line meets the neighbourhood. Photo: Phan Minh Tuấn / Wikimedia Commons, CC BY-SA 4.0.

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Who it suits

  • Buyers who want a central Hanoi address and will pay for low density
  • Households that prefer a building of 72 homes to a complex of several thousand
  • Anyone who wants to live on the metro network rather than drive
  • Owners of the shophouses who want to run a business at street level and live above it

Before you buy or rent

  • Listings appear under both The Terra Hao Nam and The Nesta. Confirm you are being shown the same building before comparing prices.
  • With only 72 apartments, genuine comparables are scarce. Ask the agent for the last three recorded transactions rather than accepting an asking price.
  • Check the service charge. A small building spreads fixed management costs across fewer homes, so the per-square-metre charge can be higher than at a large complex.
  • Confirm the pink book has been issued and look at how the designated parking space is recorded in the contract.

Sources

Compiled from Vietnamese reporting on the project and Van Phu – Invest (Tin nhanh Chung khoan, VietTimes, Nha dau tu, Bao Thanh tra) and from current listings on batdongsan.com.vn. Pricing reflects the market at the time of writing.

Frequently asked questions

Who developed The Terra Hao Nam?

Van Phu – Invest, through a joint venture involving Van Phu No.2 Investment JSC. It was the first project to carry the Terra brand.

How many apartments are in The Terra Hao Nam?

Just 72, in a single 13-storey block, plus around 10 shophouses and 15 townhouses and villas on the street frontage.

Is The Terra Hao Nam the same as The Nesta?

Yes. The building at 83 Hao Nam is marketed under both names, so listings may use either.

How much do apartments at The Terra Hao Nam cost?

Resale listings have recently ranged from roughly 130 to 190 million dong per square metre, with 77 sq m two-bedroom units around 10 to 11.5 billion dong.

Is it near a metro station?

Yes. The Cat Linh – Ha Dong elevated line runs beside the neighbourhood and the Nhon – Hanoi Station line passes nearby.

There is rarely more than a handful of units available here at any time. Tell us what you are looking for and we will let you know what is on the market at 83 Hao Nam.

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