CapitaLand Development unveils SOHO property in Hanoi's Tay Ho district

November 30, 2022 | 16:31
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CapitaLand Development (CLD), the development arm of CapitaLand Group, commenced the sales gallery preview and the booking of its first Small Office Home Office (SOHO) property in Vietnam on November 26.

Located in Hanoi's Tay Ho district, the 202-unit SOHO @ Heritage West Lake is part of an integrated development comprising the 173-unit Heritage West Lake, CLD’s first luxury residential development in the city, and an office tower.

SOHO @ Heritage West Lake are designed to function as an office and a place to live. Pricing starts at an average of $2,500 per square metre (sqm). The property is scheduled for completion in the fourth quarter of 2024.

CapitaLand Development unveils SOHO property in Hanoi's Tay Ho district

SOHO property in Tay Ho offers 202 units to be used as an office or home

SOHO @ Heritage West Lake caters to entrepreneurs, young elites and professionals. Residents can use the address of the unit to register for business licenses. Designed for space efficiency, the property offers a wide variety of unit types comprising studios and one- and two-bedroom apartments measuring up to 88 sqm.

CapitaLand Development unveils SOHO property in Hanoi's Tay Ho district

SOHO @ Heritage West Lake caters to entrepreneurs, young elites and professionals

Patrick Liau, general manager of North Vietnam of CLD (Vietnam), said the SOHO market globally and in Vietnam was seeing a growing demand for quality spaces from entrepreneurs and startups.

“Featuring compact units that function as an office and a home, as well as a wide range of facilities for residents, SOHO @ Heritage West Lake embodies the vision of our future developments with flexible spaces for work, living and play – all under one roof. Coupled with its unique location at the centre of the Tay Ho district in Hanoi, we are confident that SOHO @ Heritage West Lake will set a new benchmark in refined urban living and meet the aspirations of business-minded people on the go,” he said.

“With over 28 years of presence in Vietnam, we continue to deepen our reputation as a developer of choice, creating more quality spaces for the community through sustainable and innovative solutions. Vietnam is one of CLD’s core markets and we firmly believe in the country’s long-term economic growth, fuelled by megatrends including rapid industrialisation and urbanisation. In addition to our strong track record in residential projects in the urban centres of Ho Chi Minh City and Hanoi, we continue to explore investment opportunities in new economy assets such as townships, logistics facilities, data centres and business parks in the up-and-coming provinces.”

Located in Hanoi’s Tay Ho district, one of the most well-connected areas in the city, the project has a well-invested infrastructure system with close proximity to the city’s old CBD and is a 20-minute drive to Noi Bai International Airport.

Hanoi’s diplomatic district and government offices’ headquarters as well as the expatriate enclave of Xuan Dieu are a short drive from the property. Healthcare facilities and the famous Lotte Megamall are also nearby. SOHO @ Heritage West Lake is surrounded by upmarket restaurants, trendy cafes, wine bars, and boutiques.

SOHO @ Heritage West Lake will offer 30 facilities and professional services. Residents will enjoy the convenience of contemporary and lifestyle amenities right at their doorstep, such as a premium coworking space and a residents' lounge.

Many health and wellness facilities await, including a sky gym, a sky pool, a yoga deck, an outdoor gym area and a jacuzzi. The property is set to be green-certified development, having received Singapore’s Building and Construction Authority’s Green Mark Certified (Provisional).

The SOHO @ Heritage West Lake sales gallery is located at Alley 677 Lac Long Quan, Phu Thuong, Tay Ho, Hanoi, and is open daily from 9am to 6pm. Viewing of the sales gallery is by appointment only. For enquiries, please call the sales hotline: 1800 400 088 or visit heritagewestlake.com.

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