Astor 1

A 40-storey, ~350-unit Art Deco apartment tower on plot IA25 inside Hanoi’s Ciputra township, launched September 2026 from VND 95 million/m².

Astor 1 apartment project in Phu Thuong Ward, Hanoi
Price per m²113+ million VND/m²
Developer
Thai Nam Land (legal investor); distribution by Ky Lan Phu Thuong (Pristie ecosystem)
Status
Now selling
Address
Plot IA25, Nam Thang Long Urban Area (Ciputra), Phu Thuong Ward, Hanoi
Total area
About 6,420 sqm
Towers
1
Units
350
Handover
Q4 2028 (expected, IA25 project)
Ownership
Long-term for Vietnamese, 50 years for foreigners (within quota)

Updated

Amenities

  • Four-season pool
  • Fitness centre
  • 25+ internal amenities
  • Near 65-ha Ciputra park

Astor 1 is the commercial apartment tower on plot IA25 inside the Ciputra (Nam Thang Long) township, Hanoi’s best-known expatriate enclave. It was introduced to the market on 8 September 2026 with a headline price from VND 95 million per m², noticeably below most luxury stock in Ciputra and Tay Ho. The 40-storey tower holds roughly 350 apartments, from studios to duplexes and penthouses, styled after 1920s Manhattan Art Deco.

Astor 1 apartment project in Phu Thuong Ward, Hanoi

Apartments for sale in Astor 1

Apartment sale market snapshot: Astor 1 (November 2026)
Active listings1
Price range7.8 billion VND
Median price7.8 billion VND
Median price per m²112.4 million VND/m²
Area range69 m²

Apartments for rent in Astor 1

Apartment rental market snapshot: Astor 1 (November 2026)
Active listings1
Price range17.5 million VND/month
Median price17.5 million VND/month
Area range87 m²

Quick facts

Legal investorThai Nam Land (consortium lead for IA25)
Sales and marketingKy Lan Phu Thuong Real Estate (Pristie ecosystem)
LocationPlot IA25, Ciputra, Phu Thuong Ward, Hanoi
Building1 tower, 40 storeys, 2 basements
ApartmentsAbout 350
Unit sizesAbout 39.7 m² to over 240 m²
Launch8 September 2026
Starting priceFrom about VND 95 million/m²
Wider IA25 timelineGroundbreaking 1 Nov 2025; completion Q4 2028 (expected)

What exactly is being sold

IA25 is a mixed plot on the 20% land fund of the Nam Thang Long township. Most of the plot – two 27-storey towers – is housing for the People’s Public Security forces; only the 40-storey tower is commercial housing sold to the public under the Astor 1 name. Buyers should understand they are buying into one commercial tower within a larger IA25 scheme of about 1,262 units.

Press coverage in September 2026 also raised questions about who stands behind the project; legally, Thai Nam Land is the investor, while the Pristie ecosystem handles sales and marketing.

Location

The plot is in the northern part of Ciputra near Pham Van Dong and the Thang Long Bridge approach, close to the IA20 apartments and the planned VietinBank Tower site. Residents can use Ciputra’s 65-hectare park, international schools and shops, with Ring Roads 2 and 3 for access to the city centre and Noi Bai Airport.

Layouts and pricing

The product mix covers studios, two- and three-bedroom apartments, dual-key units, about 20 duplexes of 134–214 m² and four penthouses of 230–244 m². Listings show two- and three-bedroom sizes of 69, 73, 95, 103 and 115 m². At the advertised VND 95 million per m², a 69 m² two-bedroom unit would be around VND 6.6 billion before discounts. Comparable Ciputra stock trades at roughly VND 90–120 million per m², while neighbouring IA20 resales are lower.

Pros and cons

Pros

  • Inside Ciputra, Hanoi’s main expat and international-school township
  • Entry price below most new luxury supply in Tay Ho
  • Wide range from studios to penthouses
  • Art Deco design differentiates it from neighbouring towers

Cons

  • Commercial tower shares the plot with public-security housing
  • Investor and distributor structure has drawn press questions
  • Northern Ciputra location is further from the lake and golf course

Who it suits

Astor 1 suits buyers who want a Ciputra address at a lower entry price than flagship towers, and investors targeting the expatriate rental market around the township’s international schools.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Nguoi Quan Sat, Znews, VietTimes. 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

Where is Astor 1?

On plot IA25 of the Nam Thang Long (Ciputra) township in Phu Thuong Ward, Hanoi.

How much does Astor 1 cost?

It launched on 8 September 2026 from about VND 95 million per m². Final prices depend on floor, view and payment plan.

Who is the developer of Astor 1?

Thai Nam Land is the legal investor of the IA25 project; sales and marketing are handled by Ky Lan Phu Thuong, part of the Pristie ecosystem.

Is the whole IA25 project commercial housing?

No. IA25 includes two 27-storey towers of housing for public-security forces; Astor 1 is the single 40-storey commercial tower.

Similar projects in Phu Thuong Ward

Ciputra Hanoi

88+ million VND/m²

By Nam Thang Long Urban Development Co., Ltd. (Ciputra Group – UDIC joint venture)

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