Hanoi Aqua Central, 44 Yen Phu: Apartments and Penthouses

Developer: Hanoi Water Tower JSC (Dong Luc Group)
Status: Handed over
Location: Ba Dinh Ward, Hanoi
Address: 44 Yen Phu, Ba Dinh Ward, Hanoi
Total area: Over 6,800 sqm
Towers: 2
Units: 238
Handover: Handed over, in use
Ownership: Long-term for Vietnamese buyers; 50 years for foreigners

Updated 09 Nov 2026

Amenities

Five-star hotel in the adjoining tower
Swimming pool
Gym
Three basement parking levels
Red River and Truc Bach lake views
Neo-classical interior specification
Walking distance to Hoan Kiem lake

Hanoi Aqua Central sits at 44 Yen Phu, on the strip between Truc Bach lake and the Red River dyke. It is a two-tower scheme – a 21-storey five-star hotel block and a 21-storey residential block – on a site of just over 6,800 sqm with three basement levels.

The residential tower holds 238 apartments and penthouses, mostly three and four bedrooms of 117 to 147 sqm. That makes it one of the few genuinely large-format buildings within walking distance of the Old Quarter.

Tenancy is where the building is busiest. Furnished three-bedroom units of 115 to 150 sqm have been letting at roughly 25 to 40 million dong a month, and the corner apartments facing the river command the top end.

Hanoi Aqua Central at a glance

Developer	Hanoi Water Tower JSC (Dong Luc Group)
Address	44 Yen Phu, Ba Dinh Ward, Hanoi
Site area	Over 6,800 sqm with 3 basement levels
Towers	2 (hotel and residential), 21 storeys each
Apartments	238, including penthouses
Typical unit sizes	117 – 147 sqm, 3-4 bedrooms
Construction	Started 2016; main contractor Hoa Binh
Status	Handed over, in use
Ownership	Long-term for Vietnamese buyers; 50-year term for foreign buyers

Location and getting around

The address is about as central as Hanoi gets. Hoan Kiem lake is roughly three minutes away, Truc Bach two, West Lake a short ride, and Noi Bai airport about thirty minutes over the Nhat Tan bridge.

North-facing apartments look out over the Red River, which is the view people pay for. The flip side is Yen Phu itself, a working arterial road along the dyke, so sound insulation matters on the lower floors.

Chu Van An High School, the French-quarter embassies, and the restaurant cluster around Chau Long market and Hang Bun are all within walking distance, which suits tenants who would rather not depend on a car.

Illustrative photo of the Ba Dinh Ward area of Hanoi around Hanoi Aqua Central — Illustrative image, not a photograph of Hanoi Aqua Central. Photo: Hạnh Kiều / Unsplash.

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Who it suits

Tenants who want Old Quarter proximity with a modern three-bedroom layout
Buyers looking for large floor plates and penthouse formats in the centre
Households that value river and lake views over a big amenity podium
Anyone working around the Ba Dinh embassy belt

Before you buy or rent

A government inspection found the building was occupied before fire-safety acceptance was completed, and flagged outstanding land-use payment obligations from the change of land purpose. Ask for the current acceptance paperwork
Check which direction the apartment faces – the river views and the Yen Phu road noise come from the same side
Confirm the certificate is issued on the specific unit rather than at scheme level
Penthouses here are very large and priced accordingly; have the usable area independently measured

Sources

Compiled from Vietnamese property and finance press coverage (Bao Dau Tu, VnBusiness, VietnamFinance, CafeF, CafeLand) and current listing data for the building.

Frequently asked questions

Where is Hanoi Aqua Central?

At 44 Yen Phu, Ba Dinh Ward, Hanoi, previously listed as Truc Bach ward, Ba Dinh district. It has a secondary entrance on Nguyen Khac Nhu.

Who developed Hanoi Aqua Central?

Hanoi Water Tower JSC, a company under Dong Luc Group, which entered the property market with this project. Savills handled distribution and management.

How many apartments does it have?

238 apartments and penthouses in the residential tower, generally three to four bedrooms of 117 to 147 sqm. The second tower is a five-star hotel.

What does it cost to rent at Hanoi Aqua Central?

Furnished three-bedroom apartments of 115 to 150 sqm have been advertised at roughly 25 to 40 million dong a month depending on size, floor and view. Verify current asking rents before budgeting.

Were there compliance issues at this building?

Yes. An inspection conclusion recorded that residents moved in before fire-safety acceptance was finalised, and noted outstanding land-related payments by the developer. The building is occupied today, but ask the management board for up-to-date compliance records.

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.