Trade name:

UDIC WESTLAKE

PENTSTUDIO

Investor:

Urban Infrastructure Development Investment Corporation UDIC

C.T.L Investment Company Limited

Project location:

Land lot CT04, Nam Thang Long Urban Area (Ciputra), Tay Ho district, Hanoi

699 Lac Long Quan, Phu Thuong Ward, Tay Ho District, Hanoi, VieSWam

Total investment:

2,300 billion VND

Project scale:

3 apartment towers in which

Tower A is 17 floors high,

Tower B is 20 floors high,

Tower C is 23 floors high,

3-storey commercial service podium and 2 basements.

18 floors above ground and 3 basements

Construction density:

Base block (40%) & tower block (18%)

50%

Construction scale:

26,978 m2 (~2,7ha)

2.758 m2

Number of apartments:

408

321

Apartment area:

• 2PN: 84m2 – 84.3m2 – 85.67m2

• 3PN: 116,44m2- 126,13m2 – 147,91m2- 168,1m2

1 – 3 bedrooms (45m2 – 106m2)

Design unit:

Hanoi Urban Architecture Consulting Joint Stock Company UAC

He says

Construction unit

Urban Infrastructure Development Investment Corporation UDIC

Start time:

Quarter III/2016

2/2016

Delivery time:

Quarter III/2019

Quarter IV/2018

Delivery package:

Long-term pink book

Permanent red book

Project guarantee bank:

Vietcombank

BIDV

Selling price:

Average selling price: from 61 million/m² to 78.5 million/m².

2-bedroom apartment (84m²): price around 6.6 billion VND.

3-bedroom apartment (168m²): price around 13.5 billion VND.

Average selling price: from 99.63 million VND/m² to 179.2 million VND/m².

100 m² apartment: price 8.5 billion VND, equivalent to 85 million VND/m².

Apartment 107.5 m²: price 10.8 billion VND, equivalent to about 100.46 million VND/m².

Apartment 142 m²: price 17.04 billion VND, equivalent to 120 million VND/m².

Project Evaluation

UDIC Westlake is a high-end project of UDIC Urban Infrastructure Development Investment Corporation. The project is located on plot CT04, Nam Thang Long Urban Area (Ciputra), Tay Ho, conveniently connected to the city center, Noi Bai airport and major roads such as Vo Chi Cong, Pham Van Dong. However, some low-rise apartments may be affected by traffic noise.

PentStudio Tay Ho is a luxury apartment project developed by C.T.L Investment Company Limited, located at 699 Lac Long Quan, Phu Thuong Ward, Tay Ho District, Hanoi. The project has a scale of 18 floors above ground, 3 basements, built on a land area of ​​2,758 m², providing a total of 321 apartments from 1 to 3 bedrooms, area from 45 – 106 m². Interior design by the famous Kaze Interior unit. The project started construction in February 2016 and was handed over in the fourth quarter of 2018. Long-term legal ownership, guaranteed by BIDV and supported by loans. Currently, the selling price of PentStudio Tay Ho apartments ranges from 99.63 million VND/m² to 179.2 million VND/m². The project is suitable for high-end customers looking for a modern, comfortable living space, located in an area with great development potential of Tay Ho.

CONCLUSION – COMPARISON: UDIC Westlake has a large scale, synchronous planning with a system of apartments with diverse areas, aiming at the need for long-term residence with long-term pink books and rich internal facilities. Meanwhile, PentStudio focuses on the high-end serviced apartment segment, with a loft design, suitable for young customers, foreign experts, or investors for rent with a selling price and a location close to West Lake with great potential.

Location comparison table of 2 projects

PENTSTUDIO

UDIC Westlake

Location (District, Commune, Ward, etc.)

Lot B, Area D1, No. 699 Lac Long Quan Street, Phu Thuong Ward, Tay Ho District, Hanoi.

Land lot CT04, Nam Thang Long urban area, Tay Ho district, Hanoi

Located on the main road

Lac Long Quan Street: This is the capital’s main artery, connecting Quang An area, Nhat Tan bridge with the center of Hanoi city.

Located on Vo Chi Cong street

Regional planning

The PentStudio Tay Ho project is located near the Ciputra urban area, one of the most luxurious urban areas in Hanoi. In addition, the project is also close to rapidly developing areas such as the Tay Ho Tay urban area (Starlake) and the Quang An, West Lake area, where many high-class apartments and modern amenities are concentrated.

Located in Nam Thang Long – Ciputra complex

View

Apartments at PentStudio have views of Nhat Tan Bridge, Red River, West Lake and Ciputra urban area, providing airy space and beautiful landscape.

– Southeast – Southwest direction, West Lake view

– Northeast direction view of Red River, Nhat Tan Bridge

– Northwest direction Ciputra view

Traffic in and out of the project

The project is located near main roads such as Vo Chi Cong and Au Co, making it easy to travel to other areas in the city. Lac Long Quan and Vo Chi Cong streets connect the entire traffic system of Quang An area, Nhat Tan bridge, and the center of Hanoi.

– UDIC Westlake is located on Vo Chi Cong axis, adjacent to Nhat Tan – Noi Bai axis

– Project near major roads such as Au Co and Lac Long Quan

Environment

Tay Ho area is famous for its green space and fresh air, creating an ideal living environment for residents.

PentStudio is designed with open space, taking advantage of natural light and surrounding landscape, bringing a sense of comfort and relaxation to residents.

Located in Ciputra Nam Thang Long urban area, Tay Ho District, Hanoi, a familiar destination for the rich and upper class.

Regional Links

– Road to Noi Bai International Airport.

– West Lake Water Park amusement park

– Next to West Lake and Red River 800m

– Government agencies: police headquarters, court, tax office…200m

– Low population density, creating a quiet, airy space

– Near golf course, tennis court

– Near United Nations international schools

– Near SOS International Hospital

– Near big restaurants: West Lake Sen, West Lake Tay restaurant, ….

500m from West Lake

200m from Nhat Tan bridge

1.7 km from West Lake Water Park

750 m from Lotte Mall

3.5 km from Hoa Binh Park

20 km from Noi Bai airport

1.3 m from Nhat Tan market

10 km from My Dinh Stadium

900 m from United Nations International School Stadium

Financial potential

C.T.L Investment Company Limited is a limited liability company, not listed on any stock exchange in VieSWam.

– UDIC Urban Infrastructure Development Investment Corporation – One-member Limited Liability Company, formerly known as the Leveling Company under the Hanoi Department of Construction, was established on October 6, 1971.

– Field of operation: investment – construction – production of construction and industrial materials – construction investment consulting – import and export, services… in which revenue from investment increasingly accounts for a high proportion of total revenue.

– Charter capital: 4,300,000,000,000 VND

Listed on stock exchange

N/A

N/A

Reputation and Brand

The company was established on December 12, 2007 under the Business Registration Certificate issued by the Hanoi Department of Planning and Investment.

Head office is located at 1st Floor, PentStudio Building, Lot B, Auction Area D1, Phu Thuong Ward, Tay Ho District, Hanoi.

The company operates in the field of real estate investment and has participated in developing a number of projects in Hanoi.

Investor of many projects such as Nam Thang Long urban area, UDIC Riverside

UDIC is the investor and has developed the following large real estate projects:

1. Trung Yen New Urban Area

2. UDIC Riverside (122 Vinh Tuy)

3. UDIC Complex (Hoang Dao Thuy, Cau Giay)

4. Trung Yen Plaza (01 Trung Hoa, Cau Giay)

5. Apartment 27 Huynh Thuc Khang (Dong Da)

6. Nam Thang Long Urban Area (joint venture between UDIC and Ciputra)

And many other projects in Hanoi City

Prize

N/A

Top 10 Construction Contractors 2024

Top 500 largest enterprises in VieSWam

Experience in Real Estate

The company has been operating in the real estate sector since 2007, which is about 18 years until 2025.​

C.T.L Investment Company Limited, a member of CTX Holdings – Developer of PentStudio serviced apartments and luxury apartments – Tay Ho

Nam Thang Long urban area, Trung Yen 1 high-rise apartment building, 27 Huynh Thuc Khang high-rise housing complex, CT14A high-rise housing area serving immigrants, CT13 high-rise housing area serving immigrants and housing for sale and business

PENTSTUDIO

UDIC WESTLAKE

Actual project progress

Delivered

Delivered

Estimated delivery time

The project was completed and put into operation on November 22, 2019.

The project was completed and put into operation on November 22, 2019.

Project legal

Long-term pink book

Long-term pink book

PENTSTUDIO

UDIC WESTLAKE

Construction unit

Urban Infrastructure Development Investment Corporation UDIC

Urban Infrastructure Development Investment Corporation UDIC

Design Unit

Hanoi Urban Design and Construction Joint Stock Company (UAC)

Hanoi Urban Design and Construction Joint Stock Company (UAC)

Operation management unit

N/A

N/A

Monitoring unit

N/A

N/A

UDIC Westlake

Pentstudio Westlake Hanoi

Project planning

– Number of floors: 3 buildings

– Number of basements: 2 floors

– Basement shopping mall: 3 floors

– Total construction floor area is 107,920m2, of which the commercial – service area is 30,639m2, the apartment area is 77,281m2. Total basement floor area is 14,808m2, including 2 basements.

The project includes 18 floors above ground and 3 basements.

The first floor is the utility service area and reception hall;

Floors 2 to 9 have 168 serviced apartments;

Floors 10 to 17 have 151 apartments;

The 18th floor is for service areas.

There are a total of 319 apartments with areas ranging from 45m² to 108m².

Internal community

Middle-upper class

Pentstudio targets high-end customers, including businessmen, foreign experts and high-income earners looking for luxurious and comfortable living spaces.

Suburban community

High to very high income

Foreigner

However, the suburban community will not be crowded and bustling.

The West Lake area is home to many foreigners and the middle to upper class in Hanoi.

This area is considered safe and has a good security system, suitable for both families and foreigners to live.

Construction density

– Basic block – 40%

– Tower block- 18%

50%

Green ratio inside the area

Internal garden

The project focuses on green space with rooftop gardens and natural landscapes.

Green ratio outside the area

Enjoy Ciputra’s green space planning (77ha of green park construction in Ciputra)

The West Lake area is famous for its large green spaces, including West Lake and neighboring parks, creating a healthy living environment for residents.

Special area

750 m from cemetery

N/A

Types of utilities

UDIC Westlake

PentStudio Tay Ho

INTERNAL FACILITIES

Community facilities

24/7 Security

x

x

Backup power

x

x

Fire protection system

x

x

Scheduled shuttle bus

x

Television, Internet

x

x

Green campus

x

x

Square, fountain

Meditation garden, outdoor reading area, relaxation hut

x

Walking path

x

x

Fountain

x

Refuge room

x

x

Supermarket

x

Parking garage

x

x

Luxury lobby

x

x

Bank

Office

Children’s facilities

Children’s pool

x

Children’s play area

x

Kindergarten

x

International Inter-level School

x

x

Relaxation, entertainment and recreation facilities

Shopping mall

x

Health care area, Spa, Sauna

x

x

Bar, Cafe

x

x

BBQ area

x

Gym, dance, yoga

x

x

4 season swimming pool

x

Japanese garden on high, observation deck, stargazing area, outdoor garden

x

Cinema

Restaurant

x

x

Playfield

x

Working utilities

Modern library

Co-working space

Community room

x

x

Business Lounge

x

Facilities for the elderly

FiSWess ground

Chess area

Premium amenities

Cleaning services

x

x

Repair service

x

x

Laundry service

x

x

Breakfast service

x

Babysitting Services

x

x

Receptionist

x

x

Mailbox

x

x

EXTERNAL FACILITIES

Near school

x

Near the park

x

Near hospital

x

Convenient transportation

x

Near residential area

x

Near shopping center

x

Other utilities

UDIC WESTLAKE

PENTSTUDIO

a. Construction density

Base block construction density: 40%

Tower building density: 18%

50% => Grade A

b. Greenery density

UDIC Westlake project is designed with a large green living space, including a walking park, playground and outdoor swimming pool.

The project focuses on green space with the design of rooftop gardens and natural landscapes, creating a fresh living environment.

c. Land use coefficient

The land use coefficient of about 4 shows that the project has a reasonable construction density, balancing between usable floor area and open space, creating a quality living environment for residents.

N/A

d. Project highlights – unique creativity:

Architectural design: UDIC Westlake consists of 3 towers with heights from 17 to 23 floors, connected to each other on the 4th floor, creating a harmonious and unique connection in the overall architecture.

Internal facilities: The project integrates a shopping center from the 1st to the 3rd floor, providing full shopping and entertainment services for residents.

Security: The security system is guaranteed with multiple layers of protection, operating 24/7, bringing peace of mind to residents.

Apartment design: 100% of apartments are designed in an open direction, welcoming natural light and wind, optimizing living space and creating interaction with nature.

Architectural design: PentStudio West Lake Hanoi stands out with its modern Nordic-style duplex apartment design, providing a sophisticated and luxurious living space.

Internal facilities: The project offers many high-class facilities such as a four-season swimming pool, multi-function gym, high-class restaurant and private lounge area for residents.

Security: The security system is guaranteed with multiple layers of protection, operating 24/7, bringing peace of mind to residents.

Apartment design: 100% of apartments are designed in an open direction, welcoming natural light and wind, optimizing living space and creating interaction with nature.

e. Light ratio

All apartments at UDIC Westlake are designed with open space, ensuring the living room, bedroom and kitchen have open space, making the most of natural light and views towards West Lake or Nhat Tan Bridge.

Apartments at PentStudio are designed with large windows and wide balconies, making the most of natural light and views of the Red River and Nhat Tan Bridge.

f. Exterior design

Color and style: The project’s exterior design is modern, using harmonious colors and high-quality materials, creating a highlight compared to neighboring projects.

Base block: The base block is designed with large glass panels, creating transparency (see-through), allowing customers to see the activities inside the shopping center, increasing the attractiveness and connection between the inside and outside spaces.

Color and style: The project’s exterior design is modern, using harmonious colors and high-quality materials, creating a highlight compared to neighboring projects.

Base block: The base block is designed with large glass panels, creating transparency (see-through), allowing customers to see the activities inside, increasing the attractiveness and connection between the inside and outside spaces.

UDIC WESTLAKE

PENTSTUDIO

1. Apartment structure

1 bedroom apartment: 54.5m2

2-bedroom apartment: 70.35m2, 78.35m2, 88.22m2, 97.49m2, 103.88m2, 107.15m2, 107.31m2, 126.01m2, 127.13m2

3 bedroom apartment: 128.23m2, 128.76m2, 131.3m2, 148.59m2, 156.73m2

4-bedroom apartment: 197.41m2, 203.01m2, 203.11m2, 235.13m2

Penthouse: 298.89m2, 322.09m2, 324.45m2, 376.44m2

The project has a total of 18 floors, 3 basements, 6 Ambassador Penthouses, divided into 2 buildings: 1 service building, 1 luxury apartment building. The area of ​​each apartment ranges from about 75 – 205m2

2. Design in the apartment

Each apartment is designed with open space, taking advantage of natural light and views of West Lake.

The living room, dining room and kitchen are often arranged in an open space, creating a spacious and comfortable feeling. The interior uses high-quality materials and elegant colors, bringing luxury to the living space.

The overall apartment has a square design, not distorted or skewed much.

There is no large beam in the middle of the house, mainly using load-bearing partitions to divide the space.

The apartment is optimized for space, with not much dead space. Each area is used reasonably.

3. Door

The floors all have a common hallway running down the middle, dividing the apartments into two sides.

However, no apartment has a hallway that directly hits the main door.

The apartments are located on both sides of the hallway, with the doors arranged at different angles to avoid “stabbing paths” according to feng shui.

The elevator is located in the central area with 4 elevators, has a large lobby.

No apartment’s main door is directly opposite the elevator, all doors are arranged on both sides of the hallway.

The distance between the elevator and the apartment doors is wide enough, not creating a feeling of “air suction” when opening the door.

The entrance door is reasonably designed, avoiding unfavorable feng shui factors such as “stabbing road” or facing the elevator. The door position also ensures privacy and aesthetics, in accordance with the standards of a luxury apartment.

4.Doors of rooms in the apartment

The room doors open quite conveniently, without blocking the way.

Some apartments have the bedroom door facing the bathroom door, affecting feng shui.

The doors of the rooms are arranged reasonably, not facing each other, and the bedroom door is not facing the bathroom door, ensuring both feng shui, aesthetics, and convenience in use.

5. Balcony

All apartments have balconies facing West Lake or the surrounding area, creating a space to relax and enjoy the scenery. The balconies are designed to be spacious, with safe and aesthetic railings.

The balcony is reasonably designed, with sufficient area and adjacent to the living room, bringing relaxing space and natural light to the apartment.

6. Drying room loggia (with enough space to place washing machine, dryer…)

Each apartment has its own loggia, with enough space to place a washing machine, dryer and hang clothes, ensuring convenience and aesthetics for the living space.

The loggia is a bit small, just enough to put the washing machine and the air conditioner’s hot block, but not ideal if the family needs to dry a lot of clothes or needs to put in an additional dryer. Need to check more about the waiting heads to ensure convenience.

7. Living room

The living room of large apartments ensures enough light, ventilation, and spaciousness to arrange furniture reasonably.

Apartments with large balconies all have space for green plants.

Small apartments still have living room space but will be limited in terms of large furniture arrangement.

The living room is reasonably designed, with enough space, good light and ventilation, suitable for common activities. The green space near the balcony is a plus, ensuring fresh air.

8. Kitchen

Some small apartments have a kitchen near the living room and no loggia, which can cause cooking odors.

Large apartments have kitchens separate from the living room or an L-shaped design to reduce the impact of cooking odors.

Large apartments have enough space for upper and lower kitchen cabinets, refrigerators and other appliances.

The kitchen is reasonably designed, with a separate loggia to ensure ventilation and no odors in the living room. However, the area is a bit small, which may not be enough if the family needs more storage space or uses many household appliances.

9. Bedroom

Bedrooms in large apartments are well lit, spacious and well laid out.

Some small apartments have bedrooms facing each other or next to the kitchen.

The bedroom is reasonably designed, with adequate space, good natural light, and suitable feng shui layout. This is the ideal space for a studio apartment.

10. Dining room

The dining room is neatly designed, integrated with the bar, suitable for the studio model. The location not facing the bathroom is a plus point in terms of feng shui and aesthetics.

11.Toilet

The bathrooms are equipped with high-class sanitary equipment, modern design, ensuring convenience and comfort for residents. Toilets and bathrooms are separated by glass walls.

Large apartment with reasonable bathroom design, airy and avoid feng shui errors.

Some small apartments have bathrooms that are either closed or opposite the kitchen/bedroom.

The bathroom is well-designed, with good lighting and ventilation, not facing sensitive areas such as the bedroom, dining room, or kitchen. However, having only one bathroom can be inconvenient if the family is large or has guests.

Criteria

A (Lake view)

B (Open view)

C (View is blocked)

Corner apartment

A1

B1

C1

Standard apartment – Good direction

A2 (South, East, Southeast, North, Northeast – acceptable)

B2 (South, East, Southeast, North, Northeast – temporarily acceptable)

C2 (South, East, Southeast, North, Northeast – acceptable)

Normal apartment – Bad direction

A3 (West, Southwest)

B3 (West, Southwest)

C3 (West, Southwest)

Court

Apartment Code

Number of PN

Floor

Direction

Net area (m2)

City view

Type

A

A2

3

4-15

NW-NE

168.1

Open view

B1

A

A3

3

4-15

NE-SE

168.1

Open view

B1

A

A4

2

4-15

SE

84

Open view

B1

A

A6

3

4-15

SE-SW

168.1

Open view

B1

A

A7

3

4-15

SW-NW

158.1

Open view

B1

A

A8

2

4-15

NW

84

Open view

B1

A

A2

5

16-17

NW-SE

295.1

Open view

B1

A

A3

5

16-17

NE-SE

295.1

Open view

B1

A

A7

5

16-17

SW-NW

295.1

Open view

B1

A

A8

3

16-17

NW

186.7

Open view

B1

B

B1

4

4-18

NE-NE

147.91

Open view

B1

B

B5

4

4-18

NW-NE

147.91

Open view

B1

B

B6

4

4-18

SW-NW

147.91

Open view

B1

B

B10

4

4-18

SE-SW

147.91

Open view

B1

B

B1

5

19-20

NE-NE

254.80

Open view

B1

B

B5

5

19-20

NW-NE

254.80

Open view

B1

B

B6

5

19-20

NW-SW

254.80

Open view

B1

B

B10

5

19-20

SE-SW

254.80

Open view

B1

C

C1

2

4-20

NW

84

Open view

B1

C

C2

3

4-20

NW-NE

168.1

Open view

B1

C

C3

3

4-20

NE-SE

168.1

Open view

B1

C

C5

2

4-20

SE

84

Open view

B1

C

C6

3

4-20

SW-SE

168.1

Open view

B1

C

C7

3

4-20

NW-SW

168.1

Open view

B1

C

C1

4

21-23

NW

186.7

Open view

B1

C

C2

6

21-23

NW-NE

295.1

Open view

B1

C

C3

6

21-23

NE-SE

295.1

Open view

B1

C

C5

4

21-23

SE

186.7

Open view

B1

C

C6

6

21-23

SW-SE

295.1

Open view

B1

C

C7

6

21-23

NW-SW

295.1

Open view

B1

Apartment Code

Number of PN

Balcony direction

Net area

View 

Type

507

3

Northeast- Southeast

106,62

Nhat Tan Bridge, Tay Ho

A1

508

2

Southeast

45,12

West Lake

A2

509

2

Southeast

45,12

West Lake

A2

510

2

Southeast

45,12

West Lake

A2

511

2

Southeast

45,12

West Lake

A2

512

2

Southeast

45,12

West Lake

A2

513

2

Southeast

45,12

West Lake

A2

514

2

Southeast

45,12

West Lake

A2

515

2

Southeast

45,12

West Lake

A2

516

2

Southeast

45,12

West Lake

A2

517

2

Southeast

45,12

West Lake

A2

518

2

Southeast

43,6

West Lake

A2

The above is an overview of the article “PentStudio or UDIC Westlake? A Side-by-Side Comparison of Two Prime West Lake Projects” 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/.