Vinhomes Co Loa Urban Area, Starlake Tay Ho Tay Urban Area and Ciputra Urban Area – Which is the optimal choice for buyers and investors?

Hanoi real estate market is increasingly vibrant with the appearance of large-scale urban areas in both the West and the East. Among them, Vinhomes Co Loa, Starlake Tay Ho Tay and Ciputra Nam Thang Long  are 3 prominent urban areas, representing two key development areas: the Northeast (Dong Anh) and the Tay Ho area. Each project has its own advantages in terms of location, planning, amenities and investment potential. The comparison of Vinhomes Co Loa Urban Area, Starlake Urban Area and Ciputra Urban Area in detail will help investors and home buyers understand clearly that they should invest in real estate in which area of Hanoi, as well as choosing the project that suits their needs.

This article will analyze in depth and objectively according to the IRU (Information – Reasoning – Usefulness) structure, based on important criterias such as basic information, infrastructure location, investor reputation, design planning, construction quality, community facilities, market price and suitable customer target. Thereby, readers can evaluate Tay Ho urban area (Starlake Urban Area, Urban Area Ciputra) compared to the Eastern urban area (Vinhomes Co Loa Urban Area) to make a decision to buy properties at Vinhomes Dong Anh or choose the Tay Ho project.

I. Which project is worth investing in? Vinhomes Co Loa, Starlake or Ciputra?

Finding a potential project is not easy, especially for first-time investors. With the increasing number of urban projects, the choice needs to be carefully considered based on various factors. Below is a brief overview of 3 projects: Vinhomes Co Loa Urban Area, Starlake Tay Ho Tay Urban Area and Ciputra Urban Area, to support customers in buying and investing.

Project comparison evaluation (Source: Senvang synthesis)

After analysis and evaluation, Sen Vang believes that Starlake Tay Ho Tay Urban Area is the most suitable choice for customers looking for real estate for long-term residence or investment to keep assets, thanks to its prime location, synchronous planning, high handover quality and stable international community. Meanwhile, Vinhomes Co Loa will better meet the needs of buyers for residence combined with medium-term and long-term investment, taking advantage of the potential for price increases when the infrastructure in the Northeast of Hanoi is completed and the supply is still abundant. If considering the financial factor at a moderate level, Ciputra is also a choice worth considering for customers who prioritize an international living environment, high security and stable occupancy rate.

II. Evaluation, comparison and scoring of 3 projects Vinhomes Co Loa, Starlake and Ciputra

1. Project location

Clearly, Starlake Tay Ho Tay and Ciputra Urban Area have the advantage of central location with traffic infrastructure that has been developed synchronously so moving is very convenient. On the contrary, Vinhomes Co Loa Urban Area, despite the further distance from the city center, is close to national traffic hubs (Noi Bai airport, National Highway 5, new expressway) and more importantly, it has outstanding growth potential when projects such as Tu Lien bridge and metro line 4 come into operation, significantly shortening the time to the inner city in the future. Vinhomes Co Loa urban area can be considered as “leading” the trend of population expansion to the suburbs, while Starlake Tay Ho Tay urban area and Ciputra urban area are the top choices for the need to live near the center of Hanoi at present.

2. Investor’s potential and reputation

On one hand, Vingroup is superior in financial potential with market capitalization many times larger than Daewoo E&C Corporation and Ciputra Corporation, ensuring the ability to implement large-scale and long-term projects; Daewoo E&C Corporation and Ciputra Corporation, on the other hand, still possess a strong capital foundation, enough to maintain and complete projects according to international standards.

About capital scale and the ability to mobilize resources, Vingroup is clearly superior, ensuring the implementation of large projects such as Vinhomes Co Loa in a synchronous and rapid manner. Meanwhile, although the capitalizations of Daewoo E&C Group and Ciputra Group are smaller, they both have extensive international experience and have been successful in many countries. This brings advantages in technology, modern planning models and high urban development standards to Starlake Tay Ho Tay Urban Area and Ciputra Urban Area. In terms of brand reputation in Vietnam, Vingroup has domestic advantages and high recognition, while  Ciputra Group and Daewoo E&C offer a variety of management styles and operations according to foreign standards. In general, all 3 investors are reputable; Vingroup stands out for its financial capacity, while Daewoo and Ciputra emphasize the internationalization factor in their products.

3. Overall design planning

The factor of master plan design determines the appearance, function and long-term appeal of an urban area. In this criterion, there are differences due to the planning time and design philosophy of each investor.

On infrastructure planning, Vinhomes Co Loa Urban Area stands out thanks to inheriting the latest ideas: smart urban model, integrating high technology and convenient regional connection. Starlake Tay Ho Tay Urban Area has the advantage of synchronous, modern planning and low density, but the scale is not as large as its competitors. Ciputra Urban Area, in spite of once being a pioneer, is now outdated and needs to be upgraded to catch up with the new smart urban trend. In terms of architectural space, all 3 projects are aimed at the high-end segment, however, Vinhomes Co Loa Urban Area and Starlake Tay Ho Tay Urban Area were designed by international consulting units (GMP, Heerim), so they have a bold contemporary style, optimizing smart utilities. Ciputra Urban Area, due to its old planning and many parts designed by domestic companies (HAPP, UAC, Sunshine Design for new buildings), lacks unique architectural imprints, but in return, the works are simple and durable. In terms of residential density, Vinhomes Co Loa Urban Area is expected to have the lowest population (~100 people/ha), which helps reduce pressure on infrastructure and public services. Starlake Tay Ho Tay Urban Area, although its population is small, has a higher average population density (about 130 people/ha) due to its small area. Ciputra Urban Area has the largest expected population (~50,000 people) and high density (~166 people/ha), which can put pressure on infrastructure if not well controlled, especially when the urban area is almost full of residents.

Regarding residents, Starlake Tay Ho Tay has a clear advantage thanks to the concentration of international elites and high-ranking officials right from the beginning, creating a very high level of education and income. Ciputra Urban Area has a long-standing, friendly international community that is gradually diversifying (more young Vietnamese, businessmen). Vinhomes Co Loa, with a large population scale, will certainly form a diverse community, from investors, middle class to upper class. However, initially, the selectivity will not be as high as the other two areas and it will take time to build community identity.

Vinhomes Co Loa Urban Area‘s population density of only about 100 people/ha is quite low compared to large urban areas, helping to reduce pressure on infrastructure and public services. Starlake Tay Ho Tay Urban Area‘s construction density of only about 16%  is the biggest difference compared to Vinhomes Co Loa and Ciputra. This means that most of the land is reserved for trees, water and public spaces, creating an airy feeling, less infrastructure pressure, and high quality of life. Ciputra Urban Area is the best in terms of green ratio of the whole area (70-80%,~77ha of trees and water surface), showing clear ecological orientation; the minus point is the high population density (~166 people/ha), easily causing pressure on infrastructure if not well controlled.

The comparison table shows that Vinhomes Co Loa Urban Area is outstanding in scale and national symbolic amenities such as the Exhibition Center, Vincom Mega Mall, Millennium Park, but has the disadvantage of being near 2 cemeteries. Starlake Tay Ho Tay scores in central location, synchronous planning, elite community of residents and international standard amenities such as Shilla hotel, international school, but its land fund is more limited. Ciputra Urban Area has the advantage of large green areas, long-standing international communities and golf courses, but its image is affected by large neighboring cemeteries. All 3 have diverse products from low-rise to high-rise, meeting many residential and investment needs. However, the level of synchronization and scale of internal facilities of Vinhomes Co Loa Urban Area and Starlake Tay Ho Tay Urban Area are somewhat more prominent than Ciputra Urban Area.

In short, if you prioritize an international, civilized living environment, Ciputra Urban Area and Starlake Tay Ho Tay Urban Area are slightly better; but if you focus on full amenities and bustling crowds, Vinhomes Co Loa Urban Area will be more attractive.

It can be seen that the Ciputra Urban Area is being evaluated more prominently thanks to the open design of many facades, which helps optimize the ability to receive wind and natural light, creating better air circulation. At the same time, the design of many facades opens up a wide view, reduces the feeling of being blocked, increases the connection with the lake landscape, green areas and public spaces, bringing a high-class, private living experience but still close to nature.

4. Construction quality and construction and operation unit

In terms of construction quality, all 3 projects meet high standards and are constructed by reputable contractors, ensuring the durability and aesthetics of the project. Vinhomes Co Loa Urban Area has the advantage of fast progress thanks to the strength of Coteccons and the experience of Vingroup. Starlake Tay Ho Tay Urban Area and Ciputra Urban Area also show meticulousness in choosing a reputable Korean general contractor and joint venture, prioritizing quality. In terms of architectural design, the 2 new projects bring a breath of fresh air with modern international architecture, while Ciputra Urban Area has a stable appearance, less outstanding in design compared to current standards. In terms of operation, all 3 are being or will be managed by professional units of the investor, creating confidence in a secure community with full services. No project is at a major disadvantage in this criterion, but Vinhomes Co Loa Urban Area may stand out thanks to the application of Vingroup’s new smart urban management solutions (resident applications, smart parking lots, AI cameras, etc.).

5. Scarcity

Regarding scarcity, Vinhomes Co Loa Urban Area is a new project, so the number of products on the market is very abundant (expected ~4,147 low-rise units, ~12,600 apartments), competing directly with other large projects in Dong Anh that are about to be implemented (such as BRG-Sumitomo Smart City, Eco Dong Anh urban area). On the contrary, Starlake Tay Ho Tay Urban Area has the scarcest supply. The total number of apartments and villas in the whole project is only about 2,014 units (phase 1 is almost sold out, phase 2 does not add much), while the demand from the rich and foreigners in this area is always high – therefore the liquidity and price increase potential of Starlake Tay Ho Tay Urban Area is assessed as very good. Ciputra Urban Area also has limited supply because the land fund mostly runs out, the traded apartments/villas are mainly secondary goods; in return, the stable demand from tenants and real buyers helps to maintain steady liquidity, and sustainable increase of price. In general, Starlake Tay Ho Tay is suitable for asset holding investment strategy, stable growth value at high level. Vinhomes Co Loa Urban Area is suitable for medium-term investment, expecting price breakthrough when Dong Anh infrastructure is completed – however, careful selection is required and competition is definite. Ciputra Urban Area is a safe choice for those with more moderate finances, wanting property in the Tay Ho area but the budget is not fit for Starlake Tay Ho Tay; this project’s price has increased over time but there is still room for increase thanks to the brand factor and the constant rental demand from foreigners.

6. Low-rise selling price

Low-rise house price: At present, the expected selling price of Vinhomes Co Loa Urban Area ranges widely, from 250 to 800 million VND/m² (based on land area) depending on the type and location. The wide price range shows the diversity of products (from small townhouses to large detached villas) as well as the market sentiment towards new projects. The common price level is recorded in the middle of this range and tends to increase slightly when infrastructure and utilities are gradually completed. Starlake Tay Ho Tay Urban Area has the highest low-rise price among the 3 projects, about 346 – 850 million VND/m². Some villas in good locations are even traded at the price up to nearly 1 billion/m². The end of the year often records price increases in the highest segment of the Starlake Tay Ho Tay urban area, showing strong demand from both home buyers and high-end investors. However, Starlake’s popular price is relatively stable around a high threshold (commensurate with its prime location and scarce supply). Ciputra Urban Area has a much narrower villa price range: 380 – 450 million VND/m² depending on the subdivision and property condition. Due to the low-rise housing fund of the urban area. There are not many units of Ciputra left and most of the homeowners have lived there for a long time. The secondary transaction price does not fluctuate much, only gradually increasing according to the general level instead of sudden feverish fluctuations. In general, the villas in Ciputra are now cheaper than villas of Starlake Tay Ho Tay and some of Vinhomes Co Loa which have beautiful locations, but are higher than the price of townhouses and shophouses in Vinhomes Co Loa urban area. This difference reflects the brand value of the area: Starlake Tay Ho Tay Urban Area is slightly higher thanks to its location in Tay Ho, Ciputra Urban Area has a “softer” price because the project is aged, and Vinhomes Co Loa Urban Area has a diverse price because it is in the market formation stage.

7. High-rise selling price

Apartment price: The apartment segment in Starlake Tay Ho Tay Urban Area and Ciputra Urban Area has had stable transactions for many years, while Vinhomes Co Loa Urban Area is expected to open for sale in the next phase (possibly developed by partners MIK and Masterise). According to the survey, the apartments of Starlake Tay Ho Tay Urban Area (H9 project and new buildings) have the highest price, about 120 – 200 million VND/m², remaining stable at a very high level. This reflects the scarcity: Urban area Starlake Tay Ho Tay has only more than 1,500 apartments in the entire project, focusing on the luxury segment. Customers mainly buy properties here to hold assets for a long time, so there are few short-term transactions. Apartments of Ciputra Urban Area (The Link, L, P, E buildings) currently fluctuate around 70 – 130 million VND/m², depending on the age of building, floor, and view. This price level has increased compared to a few years ago but the increase rate is slow and stable, reflecting real demand from both home buyers and rental investors, which is less affected by short-term fluctuations. The new project Sunshine City in Ciputra Urban Area was offered at ~50–60 million/m² a few years ago, now the secondary price is around ~70–80 million/m² – proof of a steady increase. Apartments of Vinhomes Co Loa Urban Area have not been officially opened for sale, but the price is expected to be high, around 70 – 150 million VND/m² depending on the segment. The first information shows that Vinhomes Co Loa urban area’s apartments will range from high-end to super luxury (11 buildings developed by MIK and Masterise), the price may start at ~70 million and then gradually increase in the following phases. In the next 12 months, the price of Vinhomes Co Loa urban area’s apartments is expected to increase significantly when the project completes the infrastructure, especially in the high segment (large apartments, beautiful locations) which can approach the price of Starlake Tay Ho Tay urban area. However, due to the large supply of Vinhomes apartments (up to ~12,600 apartments in the whole project), the market will absorb slowly and it will be difficult to increase dramatically and surpass Starlake in the short term.

8. Suitable customer target

From the above analysis, it can be seen that each urban area will be suitable for certain customer groups and purposes of use. Below are suggestions for customer targets and whether investors should consider choosing Vinhomes Co Loa Urban Area, Starlake Tay Ho Tay Urban Area or Ciputra Urban Area:

• Starlake Urban Area, Tay Ho Tay – Best choice for long-term customers, focusing on class: With its central location, elite community and outstanding construction quality, Starlake Tay Ho Tay Urban Area is most suitable for upper-class families who want to find a place to settle down for a long time and enjoy a classy life near West Lake. Successful businessmen, high-ranking officials or foreign experts working in Hanoi will find Starlake Tay Ho Tay Urban Area to be a perfect fit in terms of both amenities and location. This is also an ideal choice for investors who want to keep their assets safe, with real estate values growing steadily over time without fear of major fluctuations. The downside is the very high price, requiring strong financial potential, but in return, “you get what you pay for” – the value received is worth the cost
• Vinhomes Co Loa Urban Area – Suitable for buyers who want to live and invest in the medium to long term: Successful young customers, middle-class people with a long-term vision, or investors who want to take advantage of the potential of Dong Anh area should consider Vinhomes Co Loa Urban Area. This project can be both a place to live (with a modern environment, full of services of a new city), and can also expect investment profits after a few years when the area’s infrastructure is completed. In particular, those who are looking to buy a house in Vinhomes Dong Anh Urban Area to enjoy a spacious living space, close to nature but still have good connectivity, Vinhomes Co Loa Urban Area is the top choice. The current price of the project is still relatively “soft” in many products (compared to the Tay Ho area), creating opportunities for people with moderate finances to participate. However, it should be noted that Vinhomes Co Loa Urban Area will develop in the next few years, so it is suitable for those who are patiently waiting for value growth instead of wanting to use/exploit it immediately. At the same time, the initial formation of the community may not be uniform, more suitable for young, dynamic people who are ready to create a new living environment together.
• Ciputra Nam Thang Long Urban Area – A choice worth considering for those with a medium budget, prioritizing living environment: For customers who do not have enough money to enter the Starlake Tay Ho Tay Urban Area but still want a real estate in the West Lake area, Ciputra Urban Area is a reasonable choice. Especially for families with young children who want their children to study at a top international school (UNIS, SIS…), there is hardly any better place than Ciputra Urban Area. Foreigners or overseas Vietnamese returning home also prefer Ciputra Urban Area thanks to its international living environment, high security, and stable community. Investors who buy apartments in Ciputra Urban Area to rent to foreigners also have an abundant source of customers, and the occupancy rate is always high. In the long term, real estate prices in Ciputra Urban Area will still increase but not skyrocket, suitable for safe investment tastes, enjoying rental cash flow and slow and steady price increases. A small minus point is that the infrastructure and utilities of Ciputra Urban Area are old, so it is most suitable for those who value sustainable values and green space more than following new trends.

Conclusion

The final scorecard shows  Starlake Urban Area leading with 202 points thanks to its outstanding advantages in location, scarcity and construction quality. Vinhomes Co Loa Urban Area has 197 points, outstanding in terms of investor potential and large-scale master planning, but was deducted points for location and scarcity due to high supply. Ciputra Urban Area scored 195 points, the strengths are the long-standing international community, relatively good location, but the score is lower in terms of planning, handover quality and investor potential compared to the other two projects.

Vinhomes Co Loa Urban Area, Starlake Tay Ho Tay Urban Area and Ciputra Nam Thang Long Urban Area are all typical urban areas, each with its own strengths. Starlake Tay Ho Tay Urban Area is outstanding in prime location and elite community, worthy of the need for luxury living and long-term safe asset holding. Vinhomes Co Loa Urban Area is attractive because of the potential for price increase and the “city within the city” utility system, suitable for buyers to combine living and investing to anticipate the future of the Northeast region. Ciputra Urban Area still retains its appeal thanks to its long-standing brand, international-class living environment and more moderate prices, which is the “within reach” option for many families who want to settle down in Hanoi.

Hopefully, the detailed analysis based on the above criteria has helped you have a more comprehensive view of these 3 leading urban areas. Depending on your goals and priorities, you can choose the most suitable destination to buy or invest in real estate in Hanoi.
See more here:

Ciputra Hanoi urban area – an international urban icon in West Lake western gateway.

Starlake West Lake: A Green Urban Area – The New Administrative Center of the Capital.

The above is an overview of the article “Urban Area Vinhomes Co Loa vs Starlake vs Ciputra: Which Is Best to Invest?” 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/.

————————–

Sustainability Report Consulting Service: Learn More

Explore more services and resources from Sen Vàng:

Analysis and comparison of the top 3 most luxurious condominium projects in Hanoi

Key insights into the Tay Ho property market – Early 2025

Consulting Services

Resources

Market Research Reports

————————–

Sen Vàng Real Estate – A reputable and professional real estate development consulting firm in Viet Nam.

Website: https://senvanggroup.com/

Website: https://senvangdata.com/

Youtube: https://tinyurl.com/vt82l8j

Hotline: 0948 48 48 59

Join our Investment Community Group: https://zalo.me/g/olgual210

#senvanggroup #senvangrealestate #senvanginvestmentchannel #project_development_consulting #real_estate_market_2023 #project_development #strategic_business_consulting #development_planning #project_marketing_strategy