The Summit 216 Tran Duy Hung: Boutique Apartments Guide

Developer: Veracity JSC
Status: Handed over
Location: Yen Hoa Ward, Hanoi
Address: 216 Tran Duy Hung, Yen Hoa Ward, Hanoi
Total area: 2,373 sqm
Towers: 1
Units: 288
Handover: From around Q3 2024 after extended delay
Ownership: Long-term for Vietnamese buyers; 50 years for foreigners

Updated 09 Nov 2026

Amenities

Three podium levels of retail and commercial space
Six commercial service floors in total
Swimming pool
Gym
Four and a half basement parking levels
24/7 security
Boutique scale of 288 apartments

The Summit 216, originally marketed as Summit Building, is a 35-storey tower with four and a half basement levels at 216 Tran Duy Hung. The developer is Veracity JSC, which acquired the project in August 2019 from a joint venture of Hoa Phuong Thang Long Hanoi and Real Estate 216.

The format is deliberately small: three podium levels of retail and commercial space, then 288 boutique apartments from the fourth floor up, on a compact 2,373 sqm site. Total investment was reported at about 792 billion dong.

This building had a hard road to completion. Handover was first promised for September 2021, slipped repeatedly, and buyers who had paid 70 percent of their contract value were still waiting in 2024. Apartments are now finished and trading, but the history is part of the picture.

The Summit 216 Tran Duy Hung at a glance

Developer	Veracity JSC
Address	216 Tran Duy Hung, Yen Hoa Ward, Hanoi
Site area	2,373 sqm
Height	35 storeys with 4.5 basement levels
Apartments	288, from the fourth floor up
Podium	Three levels of retail and commercial space
Original handover promise	September 2021
Actual handover	From around the third quarter of 2024
Total investment	About 792 billion dong

Location and getting around

Tran Duy Hung is one of the best-connected streets in western Hanoi, and the tower sits beside the junction linking Nguyen Chanh, Hoang Minh Giam and the Thang Long expressway.

The immediate area is well established – Hanoi Amsterdam school, the Yen Hoa lake park and the Trung Hoa Nhan Chinh district are all within a few hundred metres, and the expressway entrance about 550 metres away.

Thanh Xuan, Nam Tu Liem and Dong Da are all reachable quickly, which is the practical case for the address. It is a city-commuter location rather than a quiet one.

Illustrative photo of the Yen Hoa Ward area of Hanoi around The Summit 216 Tran Duy Hung — Illustrative image, not a photograph of The Summit 216 Tran Duy Hung. Photo: hendrichs cullen / Unsplash.

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Who it suits

Buyers who want a small, low-density building in a prime western location
Tenants working along the Tran Duy Hung and Thang Long corridor
Households that prefer a boutique tower over a large estate
Anyone who wants to inspect a finished apartment before committing

Before you buy or rent

Read the project history before you commit. Handover ran roughly three years late, and Vietnamese outlets reported that some buyers were given temporary possession of unfinished space rather than completed apartments
The land at 216 Tran Duy Hung was converted and allocated without auction or tender, which drew press scrutiny and calls for inspection – review the title documents carefully with your own lawyer
Verify the certificate has actually been issued on the unit you are buying
Ask for the current service charge and confirm which podium tenants are operating

Sources

Compiled from Vietnamese press coverage of the project (VietnamFinance, Viettimes, Nha Dau Tu, Nguoi Quan Sat, Bao Dau Tu, VnEconomy) and current listing data.

Frequently asked questions

Where is The Summit 216?

At 216 Tran Duy Hung in Yen Hoa Ward, Hanoi – previously Trung Hoa ward, Cau Giay district.

Who is the developer of The Summit 216?

Veracity JSC, which bought the whole project in August 2019. Before that it was held by a joint venture of Hoa Phuong Thang Long Hanoi Co Ltd and Real Estate Trading and Investment 216 Co Ltd, now Signo Land.

How many apartments are in The Summit 216?

288 apartments on floors four to thirty-five, above three levels of retail and commercial podium, on a site of 2,373 sqm.

Was The Summit 216 delayed?

Yes, substantially. Handover was promised for September 2021 and was still unresolved in mid-2024, with buyers who had paid 70 percent of contract value renting elsewhere while they waited. Apartments were handed over from around the third quarter of 2024.

Are there legal concerns with this project?

The land was converted from an office and product-showroom project and allocated without auction or tender, which several Vietnamese outlets reported and which prompted calls for inspection. The apartments themselves are being sold with certificates, but buyers should have the title documents reviewed independently.

Figures above were compiled from developer announcements and Vietnamese property press at the time of writing and can change. Always confirm unit area, ownership term and service charges in the contract before signing.