The Tây Hồ real estate market in August 2025 continues to solidify its position as one of Hanoi’s most vibrant areas, particularly in Tây Hồ Tây, dubbed the “hotspot” due to modern infrastructure, strategic planning, and the launch of premium projects like Jade Square. With apartment prices reaching 185-330 million VND/m² and villas hitting hundreds of billions VND, Tây Hồ Tây attracts elites and investors due to its strategic location, seamless connectivity, and sustainable growth potential. Below is a summary of the key highlights of the Tây Hồ real estate market in August 2025, covering new projects, market trends, planning, and infrastructure developments.

Notable Real Estate Projects in Tay Ho

Jade Square: The Gem of West Lake

The Jade Square project officially launched on August 14-15, 2025, becoming a focal point in Hanoi’s real estate market. Located at the intersection of Ring Roads 2, 3, and Tây Thăng Long Boulevard, near metro lines 2 and 6, Jade Square is positioned as a 5-star apartment complex with three towers: Ruby, Diamond, and Sapphire. The project offers 700 high-end apartments with 39 modern amenities, including a swimming pool, pickleball court, meditation garden, plaza, and BBQ area.

• Attractive Financial Support: Việt Á Bank offers loans up to 85% of the apartment value for 50 years, with a 2-year interest-free period, facilitating both investors and homebuyers.

• International Management: Savills Vietnam manages operations to international standards, ensuring a premium living experience.

• Strategic Location: Jade Square benefits from the new administrative-business hub (CBD Tây Hồ Tây), close to amenities like Lotte Mall, Takashimaya, Đoàn Thị Điểm School, and Samsung R&D.

Endless Skyline West Lake: A Premium Complex Nearing Completion

The Endless Skyline West Lake project in Tây Hồ Ward, a 27-story development, is in the final stages of completion with a total investment of nearly 1,000 billion VND. Spanning 3,626.8 m², it includes 150 commercial apartments, 56 rental apartments, and 150 hotel rooms, with amenities such as a café, upscale restaurant, gym, and community meeting rooms. Its prime location by Hồ Tây enhances the area’s real estate value.

Noble Crystal Tây Hồ: Branded Apartments at Ciputra

Noble Crystal Tây Hồ, the first branded apartment project in Ciputra, made waves with prices reaching 330 million VND/m². During Sunshine Group’s NobleGo livestream, the first Sky Garden unit was sold for 9.2 billion VND, with subsequent units priced from 7.6-17.3 billion VND. The project stands out with its 5-star design, views of Hồ Tây and Đầm Trị, and premium amenities like private pools, sky shopping streets, and a 6-star restaurant, with handover expected in Q3 2026.

The project stands out with its 5-star design, views of West Lake and Dam Tri, and high-end amenities such as a private swimming pool, a sky shopping street, and a 6-star restaurant, expected to be handed over in the third quarter of 2026.

Tây Hồ Real Estate Market Trends

Soaring Apartment Prices and Limited Supply

The Tây Hồ real estate market, especially Tây Hồ Tây, continues to see sharp price increases:

• Leading Primary Prices: Tây Hồ Tây’s primary apartment prices averaged 185 million VND/m² in Q1 2025, up 27% year-on-year, far exceeding Hanoi’s average (91 million VND/m²). Projects like Noble Crystal Tây Hồ hit 330 million VND/m², rivaling ultra-luxury segments.

10 Projects with Prices from 100 Million VND/m² Upward (Data: Highest selling prices).

• Inner-City Supply Shortage: Despite improved apartment supply in Hanoi, with 60% of new projects priced above 80 million VND/m², areas within Ring Road 3, particularly Tây Hồ Tây, face severe shortages. Absorption rates reached 63%, indicating high demand amid limited supply.

• Affordable Apartments Turn Premium: Projects once in the affordable segment, like Ecolife Tây Hồ (from 26 to 80 million VND/m²) and Kosmo (from 30 to 90-125 million VND/m²), are now positioned as high-end, but quality and amenities often lag, making it hard for homebuyers to afford.

Compiled from Batdongsan.com.vn

Villas and Townhouses with “Sky-High” Prices

Ciputra and Starlake urban areas in West Lake West (Tây Hồ Tây) recorded villa and townhouse prices ranging from VND 270–480 million/m², with some corner lots reaching VND 100 billion. Land prices in Starlake hit VND 113 million/m² on the secondary market – the highest in Hanoi – thanks to synchronized infrastructure and an international resident community.

Risk of Supply–Demand Imbalance

Despite rising prices, both investors and end-users remain cautious. Rental yields are declining, while input costs (site clearance, construction materials) are increasing. Limited supply has pushed prices far beyond actual value, raising risks of a property bubble. Buyers with monthly incomes of VND 40–50 million find it difficult to afford a 2-bedroom apartment priced between VND 3.5–8 billion, making homeownership an increasingly distant dream.

Planning and Infrastructure Driving West Lake Real Estate

Tây Thăng Long Avenue: Growth Engine

The 33 km, 10-lane Tây Thăng Long Avenue serves as a vital artery connecting Tây Hồ Tây with Sơn Tây, expected to open technically in Q2/2026. The 2.1 km section from Võ Chí Công to Phạm Văn Đồng has already opened, while the remaining 400 m from Văn Tiến Dũng to the Nhuệ River is undergoing expedited site clearance. An 800 m underpass at Ring Road 3 (VND 1,000 billion) will start in 2026 and finish in 2028. This road links Ring Roads 2, 2.5, 3 and Metro Lines 2 and 6, significantly boosting property values in Tây Hồ Tây, particularly projects like Jade Square.

Quảng An Peninsula Master Plan: Cultural & Tourism Hub

The detailed planning for the 44-hectare Quảng An Peninsula has been released, transforming the West Lake and Đầm Trị area into a cultural–ecological center featuring:

• Pearl Theater: A 13,000 m² multifunctional cultural venue (~USD 500 million), planned as a floating structure on Đầm Trị to host major events.
• Art & Ecological Spaces: Walking streets, cultural–spiritual parks, entertainment areas, luxury hotels, connecting Tây Hồ Tây – West Lake – Red River – Cổ Loa.
• Heritage preservation & landscape conservation: This plan realizes Hanoi’s development strategy to 2030 with a 2050 vision, elevating Tây Hồ into a premier cultural–tourism destination.

Major Commercial Centers in Tây Hồ Tây

The district welcomes a wave of retail investment with two major shopping centers:

• Westlake Square Hanoi (Toshin Development, Takashimaya): Groundbreaking on August 2, 2025; 43,000 m² including mall and Grade-A office space; completion in 2027; targeting LEED Platinum certification.

• Thiso Mall Tây Hồ Tây (Đại Quang Minh, Thaco Group): Groundbreaking on July 16, 2025; 52,000 m²; completion in 2026; the first Thiso Mall in Hanoi.

Along with Lotte Mall, these projects elevate Tây Hồ Tây into a commercial–office–service hub, attracting international businesses and affluent communities.

New Administrative Center Planning

Tây Hồ Tây is planned to become Hanoi’s new administrative–economic–cultural center (2030–2050), accommodating 11 ministries across 35 hectares, with 17,600–22,000 staff. Supported by synchronized infrastructure (Ring Roads 2, 2.5, 3; Tây Thăng Long Avenue; Metro Lines 2, 6) and international urban areas like Ciputra and Starlake, plus facilities such as Samsung R&D and the Korean Embassy, the area fosters an elite community and drives property values up by 7–15% annually.

Socio-Economic Development & Digital Transformation

Tây Hồ: Hanoi’s Cultural–Tourism Center

At the 1st Party Congress of Tây Hồ Ward (2025–2030), Prime Minister Phạm Minh Chính urged the ward to exceed Hanoi’s development standards, building Tây Hồ into a cultural, service, tourism, green and smart urban hub. Key initiatives include:

• West Lake Preservation: Developing night-time economy, digital economy, spiritual tourism, traditional craft villages (lotus tea, dó paper), and waterway tourism routes.
• Digital Transformation: Leading in online public services, digital handbooks, AI robots, and mobile service points, achieving a 99.09% citizen satisfaction rate.
• Infrastructure Upgrades: Commencement of Chu Văn An High School renovation (VND 251.6 billion), preserving French colonial architecture while targeting international education standards.

“Bright – Green – Clean – Beautiful” Campaign

On the occasion of National Day (Sept 2), Tây Hồ Ward launched a comprehensive clean-up, urban beautification, flag decoration, and environmental violation handling (552 cases, VND 392 million in fines). This campaign fosters community responsibility and contributes to a modern, civilized Tây Hồ.

Challenges of Tây Hồ Real Estate Market

Despite immense potential, Tây Hồ real estate faces several challenges:

• Flooding in Ciputra: The “luxury enclave” Ciputra frequently suffers heavy flooding after rains, especially at the main gate and internal roads, reducing property usability.

• High Prices Beyond Affordability: With average apartment prices at VND 75.5–185 million/m² and villas up to VND 100 billion, the market mainly serves the wealthy, making it inaccessible to end-users.
• Land Clearance Issues: Tây Thăng Long Avenue and other infrastructure projects face site clearance bottlenecks, delaying development timelines.

Conclusion & Market Outlook

August 2025 marks a breakthrough for Tây Hồ’s real estate market, with high-end projects like Jade Square, Noble Crystal Tây Hồ, and Endless Skyline West Lake, alongside major infrastructure (Tây Thăng Long Avenue, Metro Lines 2 & 6) and strategic planning (Quảng An Peninsula, new administrative center). Despite soaring prices and tight supply, Tây Hồ Tây remains an ideal destination for investors and affluent residents thanks to its prime location, premium amenities, and long-term growth potential.

To sustain its appeal, authorities must tackle flooding issues, accelerate infrastructure progress, and balance supply and demand to support real homebuyers. With its current trajectory, Tây Hồ is set to remain the real estate hotspot of Hanoi in the coming quarters, contributing to the capital’s prosperity.

The above is an overview of the article “Highlights of Tay Ho Real Estate Market – August 2025″ provided by Sen Vàng Group. We hope this information provides investors, developers, and real estate businesses with a broad perspective on the development potential of the property market. For more articles and insights on project development consultancy, please visit our website: senvangdata.com.vn/.

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