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Hanoi Paragon

Hanoi Paragon is a mixed commercial, office and apartment tower in the Cau Giay new urban area, handed over from early 2019, at the meeting point of Pham Hung, Tran Quoc Vuong and Duy Tan.

Dich Vong Hau in Cau Giay, Hanoi, the neighbourhood of Hanoi Paragon
Developer
VT Construction and Trading JSC
Status
Handed over
Address
2 Tran Quoc Vuong, Cau Giay new urban area, Hanoi
Total area
Mixed-use site with three frontages
Towers
1
Handover
From early 2019
Ownership
Long-term for Vietnamese buyers; 50 years for foreigners

Updated

Amenities

  • Commercial and service podium
  • Office floors
  • Apartments with external aspect and light slot
  • Upgraded handover specification
  • Basement parking
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Hanoi Paragon sits inside the Cau Giay new urban area with three open aspects, addressed at 2 Tran Quoc Vuong with access also from lane 86 Duy Tan and lane 7 Pham Hung. The developer, VT Construction and Trading JSC, pitched it at the mid-to-upper market and began handing over apartments in early 2019.

Cau Giay is where Hanoi’s office market concentrated over the past fifteen years — the district holds well over two thousand offices of various sizes — and the building was sold on exactly that: buy where you work. Launch pricing started around 26 million dong per square metre, which at the time undercut most new stock in the district.

Apartments are conventional two- and three-bedroom layouts, and the developer upgraded the handover specification during construction, switching sanitaryware from Toto to Grohe and improving the fitted package. Every unit was designed with an external aspect and a light slot to reduce reliance on artificial lighting.

Hanoi Paragon at a glance

DeveloperVT Construction and Trading JSC
Address2 Tran Quoc Vuong, Cau Giay new urban area, Hanoi
Also accessed fromLane 86 Duy Tan and lane 7 Pham Hung
UseCommercial services, offices and high-rise apartments
LayoutsTwo and three bedrooms
HandoverFrom early 2019
StatusHanded over
NearbyBig C Thang Long, Vincom Plaza Pham Van Dong, the ministries along Ring Road 3
OwnershipLong-term for Vietnamese buyers; 50 years for foreign buyers

Location and getting around

The three-frontage position is the practical appeal. Pham Hung, Duy Tan and Tran Quoc Vuong between them connect to the Ring Road 3 elevated road, the My Dinh area and Xuan Thuy, and the ministry buildings along the Ring Road 3 extension — Science and Technology, Natural Resources and Environment, Foreign Affairs, Home Affairs, Public Security — are all within a short walk or drive.

Retail and services are dense: Big C Thang Long, Vincom Plaza Pham Van Dong, the Indochina Plaza complex and a long run of restaurants and cafes on Duy Tan. Hospitals and schools at every level are within a few kilometres.

The trade-off is the one that comes with every Cau Giay address: there is very little open space, and the lanes off Duy Tan and Pham Hung are tight and busy. Residents here are buying access, not calm.

Office and apartment towers in the Cau Giay area of Hanoi
Cau Giay holds one of the largest concentrations of offices in Hanoi. Photo: Nguoivietbao / Wikimedia Commons, CC BY-SA 4.0.

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Who it suits

  • Professionals who work in the Cau Giay office cluster and want to stop commuting
  • Landlords letting to staff of the ministries and companies along Ring Road 3
  • Families who want retail, schools and hospitals all within a short radius
  • Buyers who want three street aspects rather than a single frontage

Before you buy or rent

  • The project has a regulatory history worth reading. A 2017 Ministry of Construction inspection conclusion into construction management in Cau Giay district identified a number of violations at the Hanoi Paragon development, and the ministry’s inspectorate issued an administrative penalty decision in July 2017 in connection with the project. Ask a lawyer to confirm the current permit and title position for the specific apartment.
  • Confirm the pink book has been issued and check how the commercial and office floors are separated from residential access and parking.
  • Check the orientation and floor. With three frontages and tight lanes, light and noise vary a lot between units.
  • Ask for the current service charge, which at a mixed-use building is often split between uses.

Sources

Compiled from Vietnamese reporting on the project and on the Ministry of Construction inspection of Cau Giay district (VietnamNet, Bao Dau tu, Bao Phap luat) and from current listings. Figures reflect the market at the time of writing.

Frequently asked questions

Who developed Hanoi Paragon?

VT Construction and Trading JSC, which marketed the project from 2017 and handed over from early 2019.

Where is Hanoi Paragon?

In the Cau Giay new urban area at 2 Tran Quoc Vuong, with access also from lane 86 Duy Tan and lane 7 Pham Hung.

When was Hanoi Paragon handed over?

Apartment handover began in early 2019.

Were there any regulatory findings at Hanoi Paragon?

Yes. A 2017 Ministry of Construction inspection conclusion covering construction management in Cau Giay district identified violations at the project, and the ministry inspectorate issued an administrative penalty decision in July 2017. Buyers should verify the current permit and title position.

Can foreigners buy at Hanoi Paragon?

Yes, on a 50-year renewable basis, subject to the 30 per cent foreign-ownership cap for the building.

If working in Cau Giay is the reason you are looking here, tell us your budget and we will send what is on the market.

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