The President Park Me Tri

The President Park is the commercial name of a low-rise housing project developed by CityLand Investment Co., Ltd., located on plot CQ1.1, Me Tri Ward (now Tu Liem Ward), Hanoi. The project covers approximately 6 hectares and comprises 149 units: 39 detached villas (4 floors + 1 basement, approximately 251.5–434 m²), 43 semi-detached villas (4 floors + 1 basement, approximately 200.1–301 m²), 65 terraced townhouses (5 floors, approximately 100–245 m²), and 2 mansions of approximately 1,089 m² each. The construction density is approximately 30.6%, featuring neoclassical architecture, and the houses are delivered in a raw, unfinished state.

LEGAL STATUS AND PROJECT STATUS: The land was newly allocated to the investor in 2025 (Decision 3616/QD-UBND, July 1, 2025), consistent with independent press reports (VietnamMoi, Dan Viet, July 2025) confirming that the land previously belonged to VOV. The investment policy approval number is (Decision 1039/QD-UBND, February 25, 2025). The project was expected to start construction around April 2026, but at the time of update (August 2026), construction HAS NOT YET commenced. ALOMYHOME has not yet verified: the 1/500 scale planning, the construction permit, and the document from the Department of Construction confirming eligibility to sell housing units under construction. According to regulations, this confirmation step is usually associated with the completion of the project's foundation; Since the project has not yet commenced construction, in principle, such confirmation cannot be obtained — this is normal and not a sign of wrongdoing. If the distributor invites you to sign a sales contract or collect money at this stage, buyers should clarify the legal nature (official contract or deposit/reservation) and request to see the corresponding document before making any payment. ALOMYHOME does not recommend whether or not to buy, only assists customers in checking legal documents at the competent authority.

References: VietnamMoi (July 4, 2025), Dan Viet (July 5, 2025), Thanh Nien Viet (October 31, 2023), Green Business & Economy Magazine (November 21, 2022), Thanh Nien Newspaper (July 18, 2018), VOV.VN (December 28, 2018); Project information materials provided by the distributor (product data, amenities, internal timelines — not original legal documents).

Plot CQ1.1, Me Tri Ward, Nam Tu Liem District (now Tu Liem Ward), Hanoi City. According to the developer's documents, it is approximately 200m from the National Convention Center, about 1km from the Thang Long Boulevard intersection, and about 2km from My Dinh National Stadium — buyers should verify this on a map.

Spanning approximately 6 hectares, the project comprises 149 low-rise units: 39 detached villas, 43 semi-detached villas, 65 townhouses, and 2 mansions. The construction density is approximately 30.6%.

Approval of investment policy on February 25, 2025 (Decision 1039/QD-UBND). Allocation of 60,000 m² of land at plot CQ1.1 on July 1, 2025 (Decision 3616/QD-UBND) — consistent with independent press reports (VietnamMoi, Dan Viet). Appraisal of the Feasibility Study Report on December 17, 2025 (Document 17879/SXD-QLDA). Not yet verified: approved 1/500 scale planning, construction permit, and document from the Department of Construction confirming eligibility to sell future housing units — reasonable since the project has not yet started, but buyers should clarify the legal nature if invited to sign a contract/make a payment at this stage.

Updating

Construction is expected to begin around April 2026 — but has NOT started at the time of this update (August 28, 2026). The handover date is not yet agreed upon in the distributor's internal documents (2027 or late 2028).

Those seeking low-rise housing in central Hanoi are willing to closely monitor the legal progress of projects that are still in their early stages (land recently allocated, construction not yet started); this area is not suitable for those needing immediate housing.