- Developer
- Van Phu Invest
- Status
- Handed over
- Location
- Ba Dinh Ward, Hanoi
- Address
- 138B Giang Vo, Ba Dinh Ward, Hanoi
- Total area
- Central Ba Dinh mixed-use site
- Towers
- 1
- Units
- 78
- Handover
- Handed over late 2020
- Ownership
- Long-term for Vietnamese buyers; 50 years for foreigners
Updated
Amenities
Grandeur Palace at 138B Giang Vo is Van Phu Invest’s first luxury project, and the developer did something unusual with it: the building was finished before it went on sale. The official launch came in late 2020, with handover ready immediately.
Scarcity is the point here. The apartment tower rises 22 storeys but holds only 78 apartments, six to eight per floor, alongside a small cluster of villas and townhouses – around 110 units in total across the whole scheme.
Prices reflect that. Apartments launched from about 80 million dong per sqm and now trade well above 200 million, putting the building firmly in Hanoi’s super-prime bracket alongside the Ba Dinh and West Lake addresses.
Grandeur Palace Giang Vo at a glance
| Developer | Van Phu Invest |
| Address | 138B Giang Vo, Ba Dinh Ward, Hanoi |
| Design | Areb Ville (France) |
| Apartment tower | 22 storeys |
| Apartments | 78 (6-8 per floor) |
| Total units in scheme | About 110, including villas and townhouses |
| Typical unit sizes | About 78 – 120 sqm, 2-3 bedrooms |
| Handover | Late 2020 |
| Ownership | Long-term for Vietnamese buyers; 50-year term for foreign buyers |
Location and getting around
Giang Vo is one of central Ba Dinh’s busier streets, at the meeting point of Cat Linh, Hao Nam and Giang Vo. Cat Linh station – the first stop on Hanoi’s first metro line – is a short walk away.
The surrounding area is the political and administrative core: ministries, embassies and city agencies are the immediate neighbours, which is the main reason the building attracts diplomatic and senior corporate tenants.
The Giang Vo exhibition centre, the National Cinema Centre, Vincom Nguyen Chi Thanh and several of the city’s better private schools are all within a couple of kilometres. Traffic underground was planned into the scheme so vehicles do not dominate the courtyard.

Who it suits
- Senior expatriate executives and diplomatic tenants who want a Ba Dinh address
- Buyers prioritising low density and privacy over amenity count
- Anyone who wants to inspect a completed apartment rather than buy off plan
- Families splitting time between Hanoi and abroad who need a lock-up-and-leave home
Before you buy or rent
- With only 78 apartments, genuine availability is thin – verify any listing directly rather than through aggregated adverts
- Confirm the foreign ownership quota position before paying a deposit, since a 30 percent cap on 78 units leaves very little room
- Service charges at this tier are high; ask for the current figure per sqm in writing
- Check whether the unit was sold with the developer’s fitted furniture package, as this varies
Sources
Compiled from Vietnamese property press coverage of the project (Nha Dau Tu, Bao Dau Tu, Bao Phap Luat, Thanh Tra, CafeLand) and current listing data.
Frequently asked questions
Where is Grandeur Palace Giang Vo?
At 138B Giang Vo, Ba Dinh Ward, Hanoi, previously listed as Kim Ma ward, Ba Dinh district. It is close to Cat Linh metro station.
Who developed Grandeur Palace Giang Vo?
Van Phu Invest. It was the first project in the company’s Grandeur Palace luxury line, with architecture by the French firm Areb Ville.
How many apartments are there?
Only 78 apartments in the 22-storey tower, at six to eight per floor. The wider scheme totals around 110 units once the villas and townhouses are counted.
When was Grandeur Palace Giang Vo handed over?
The building was completed first and launched for sale in late 2020, with handover beginning straight away – an unusual sequence in the Hanoi market.
Can foreigners buy at Grandeur Palace Giang Vo?
Yes, on the standard 50-year renewable term, but the 30 percent building cap applies to a very small pool of apartments, so check remaining quota early in the process.
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.
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