Van Phu Urban Area
Kien Hung Ward, Hanoi · Open in Google Maps
No homes listed right now




The urban area, spanning over 94 hectares in Kien Hung ward, developed by Van Phu Real Estate Development Joint Stock Company since 2006, now has a stable residential population.
- Location
- Kien Hung Ward, Hanoi
- Developer
- Van Phu Real Estate Development Joint Stock Company (VPI) — formerly Van Phu – Invest Investment Joint Stock Company
- Status
- Handed over
- Property types
- Townhouse, Villa, Apartment
Overview
Van Phu Urban Area is one of the oldest and largest urban areas in the Ha Dong district, developed by Van Phu Real Estate Development Joint Stock Company (formerly Van Phu – Invest) since 2006 on an area of over 94 hectares. The total investment was announced at US$820 million according to a decision by the Hanoi People's Committee, equivalent to over VND 18,000 billion according to the investor's announcement.
The urban area includes townhouses, duplex villas, high-rise apartments, and social facilities. Within the urban area boundaries are component projects such as The Van Phu Victoria and the V5 and V6 commercial townhouse complexes.
After nearly two decades, this urban area has a truly stable population, with established internal infrastructure and commercial services, unlike many new urban areas that are still in the development phase.
A note regarding the documentation: the legal entity name of the investor appears differently in various documents. Some documents list it as Van Phu Real Estate Development Joint Stock Company (VPI), formerly Van Phu Investment Joint Stock Company, while others list it as Van Phu Real Estate Development Joint Stock Company. When conducting transactions, verify the correct legal entity as stated in the documents.
Another point to note: the urban area's planning has been adjusted, separating plot X10, approximately 7,378 m², into the Phu Luong Urban Area. Simultaneously, a portion of the green space and water area has been converted into an underground wastewater treatment plant and parking lot. This means the current area and land structure differ from the original 94.1 hectares.
Location
Located in southwestern Hanoi, near the Quang Trung and Le Trong Tan axes. Formerly part of Phu La ward; after administrative reorganization effective July 1, 2025, it now belongs to Kien Hung ward.
The Quang Trung axis connects to the center of Ha Dong and Nguyen Trai. Le Trong Tan connects to the Geleximco area and Thang Long Boulevard.
Scale
According to a decision by the Hanoi People's Committee, 94.1 hectares of land, specifically plot X10, has been adjusted and transferred to the Phu Luong Urban Area. The total investment is 820 million USD according to the city's decision, equivalent to over 18,000 billion VND as announced by the investor. Implementation began in 2006.
Legal status
The new urban area has been under development since 2006. Buyers should request to see the documents for each plot or house when making a transaction.
Master plan
The project includes townhouses, duplex villas, and high-rise apartments. According to the developer, The Van Phu Victoria component project consists of 3 towers, each 39 stories high, with approximately 1,290 apartments, construction of which began in 2011. The V5 and V6 commercial townhouse blocks comprise 148 units, built between 2016 and 2017.
Progress
Launched in 2006 and already handed over. The component projects, including The Van Phu Victoria and the V5 and V6 commercial townhouses, have all been completed as announced by the investor.
Suitable for
Families need low-rise houses in the Ha Dong area, businesses need houses on inner-city streets, and tenants want to live in an established residential area.
Amenities
- The internal infrastructure has been completed and put into use.
- A row of commercial townhouses in the urban area.
- Social infrastructure projects in accordance with urban planning
- The population has settled down, and commercial services have been established around the area.
Strengths
- The urban area has been completed and has had a stable population for nearly two decades, so there's no need to wait for it to be fully occupied.
- Spanning over 94 hectares, the project is meticulously planned with a full range of product types.
- Centrally located in the Ha Dong area, near Quang Trung and Le Trong Tan streets.
- Commercial services and amenities in the surrounding area are fully developed.
Things to consider
- The residential area has been in use for nearly two decades, so the quality of construction varies from house to house — it's better to see the actual property rather than just looking at photos.
- Flooding was reported during heavy rain in the service road area next to the urban area.
- The legal entity name of the investor varies between documents; verification is necessary when drafting the contract.
Machine-translated from the Vietnamese listing.
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