- Location
- Bo De Ward, Hanoi
- Updated
The Magnolia Private Residences is the flagship of MIK Group’s new M Series, built on lot HH1 of the Khai Son City urban area in Long Bien (now Bo De Ward), across the Red River from central Hanoi. Three 33-storey towers – two residential and one office – sit on a 2.3-hectare site, with roughly 500–600 large apartments and duplexes. It has been one of the most talked-about luxury launches on Hanoi’s east bank in 2026.
Quick facts
| Owner | KLC Hanoi JSC |
|---|---|
| Developer | MIK Group (M Series) |
| Location | Lot HH1, Khai Son City, Nguyen Gia Bong Street, Bo De Ward, Hanoi |
| Site area | About 2.3 ha |
| Building | 3 towers, 33 floors (2 residential, 1 office), 2 basements |
| Apartments | About 500–600 |
| Unit sizes | 2BR from 72 m² up to duplexes of 250–450 m² |
| Expected completion | Q4 2028 |
Who is behind The Magnolia
The project is owned by KLC Hanoi JSC and developed by MIK Group, which created the M Series for its most private, low-density projects. Khai Son City itself was approved in 2014–2016, and Hanoi allowed part of it to be transferred for this mixed-use plot in 2022.
Location: Khai Son City, Long Bien
Khai Son City lies on Nguyen Gia Bong Street in the former Long Bien District, close to Chuong Duong and Vinh Tuy bridges and a short drive from the Old Quarter. The towers look over the Red River, the Duong River and Ngoc Thuy Park, and the township already has a 22-ha lake and completed apartment blocks.
Apartments and prices
Homes are large: two-bedroom units of 72–95 m², three- and four-bedroom units, and duplexes of around 250–300 m² with private lifts. Indicative prices were quoted at 150–180 million VND per m², while resale listings in 2026 show a 112 m² four-bedroom near 10.9 billion VND and 250 m² duplexes around 26–28 billion VND.
Amenities
- The Magnolia Clubhouse with indoor sports
- Wellness suites and spa
- Pavilion guest lounge
- Private or semi-private lift lobbies
- Khai Son City lake, parks and schools
Buying as a foreigner
The project has a foreign-ownership quota, so international buyers can purchase within the legal limit, with a 50-year term.
Pros and cons
Pros
- Low-density, private design
- River and park views
- Large family layouts and duplexes
- Close to central Hanoi across the bridges
Cons
- Very high prices for Long Bien
- Completion not until late 2028
- Only a few hundred units, so limited choice
Who it suits
The Magnolia suits high-end buyers and expatriate families who want space, privacy and river views close to central Hanoi.
Sources and further reading
Figures on this page come from the developer’s published information and local press, including CafeLand – The Magnolia, Tien Phong – M Series, Savills – new Hanoi projects 2026, Listings on Batdongsan. 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
What is The Magnolia Private Residences?
MIK Group’s M-Series luxury project in Khai Son City, Bo De Ward, Hanoi, with three 33-storey towers.
Who owns the project?
KLC Hanoi JSC, with MIK Group as developer.
How large are the homes?
From about 72 m² two-bedrooms up to duplexes of 250–450 m².
Can foreigners buy?
Yes, within the project’s foreign-ownership quota.
When will it be completed?
Completion is expected around Q4 2028.