Real esate in eastern Hanoi is on the rise
Located in a prime location and only 15 minutes of commute to the city center, east Hanoi is transforming to become the new housing hotspot of the capital, bringing a modern energy to Hanoi. In addition to well-planned, long-term transport infrastructure and a shift of activity from west to east, the real estate market in eastern Hanoi is accelerating.
As the east begins to bloom, home prices in Gia Lam district have increased by an average of 10-15 per cent and in areas with invested projects, home prices have increased by 30 per cent compared to early 2019. The most profitable areas in Gia Lam district are by the main roads and close to high-end real estate projects such as Da Ton, Kieu Ky, Duong Xa, Dang Xa, or Trau Quy, where land prices have risen to VND50-60 million ($2,170-2,610) per square metre, while sales prices at some high-end projects in the area have increased to VND100-150 million ($4,350-6,520) per sq.m.
|Projects in prime locations are attracting investors |
From early 2020, there has been a shift in Hanoi land prices. From January 1, 2020 to December 31, 2024, the price for real estate in the capital is projected to increase by an average of 15 per cent compared to 2014-2019. This change not only increases the value of the land in the east, but also generates special attractions for both investors and residents.
Masteri Waterfront – growing value from prime location and panoramic views
Located at the heart of Vinhomes Ocean Park, Masteri Waterfront has panoramic views of two lakes, a 6.1-hectare saltwater and a 24.5ha lake with a white sandy beach. These are the special selling points that make this real estate property highly appreciated by experts and have the potential to drive up real estate prices.
|Masteri Waterfront located in the heart of Vinhomes Ocean Park |
Four main bridges connect residents to any area of the city: Chuong Duong, Long Bien, Vinh Tuy, and Thanh Tri. Just 15 minutes to the Old Quarter and 30 minutes to Noi Bai Airport, commuting is easy. In the near future, when Metro Line No.8 and Dong Du-Duong Xa road are in operation, the area will reap the benefits of the new transport infrastructure.
Masteri Waterfront is surrounded by all the amenities residents could need, with everything in close proximity. Residents will only have to take a two-minute walk to the central lake, BBQ garden, VinUni University, Vinschool, and the Gym park. In under five minutes, they can reach the saltwater lake, Vincom Mega Mall, Vinmec Hospital, Whale Square, and more lifestyle amenities. Masteri Waterfront residents also have exclusive access to private amenities in each complex such as a sculpture garden, a main square, an aerial garden, an indoor swimming pool, and more, all of which ensures comfort, luxury, and privacy to the residents unparalleled by no other housing project.
|Multiple amenities right on your doorstep |
With the collaboration of leading international firms Tange Associates – Japan's leading architecture and urban area design company; Studio HBA – an international interior design company; and Belt Collins – a globally-recognised consultancy firm in landscape design and planning, Masteri Waterfront brings world-class real estate standards to Hanoi citizens.
|The underwater relaxation lounge for residents to relax |
With its core “customer-centric” philosophy, Masterie Homes, the developer of Masteri Waterfront, brings an exceptional end-to-end customer experience. Throughout the entire customer journey – from visiting the sales office, interacting with the Masterise team, and making a purchase to becoming an official resident – clients of Masterise Homes are well taken care of. Together with an experienced international management team, Masterise Homes is committed to delivering a high-value experience to residents and increasing the property value over time.
Masteri Waterfront not only brings continuous added value over time but also provides a personal, private space with a classy, sophisticated design, and a balanced lifestyle of urban living integrated with nature.