Expat community flocks to Tay Ho for real estate opportunities

By Phong Van    March 15, 2023 | 05:00 pm PT
Tay Ho has become an increasingly popular residential area among foreigners in Hanoi as the infrastructure and social amenities continue to flourish alongside a diverse range of convenient services.

In Ho Chi Minh City, the areas of Phu My Hung and Thao Dien long ago emerged as cultural melting pots that attract both locals and expats from all over the world. However, in Hanoi, neighborhoods with a foreign presence are generally scattered and divided into separate communities.

For instance, Keangnam-Me Tri is the hub of the Korean community, while Dao Tan-Kim Ma attracts a large number of Japanese expats. Meanwhile, the Quang Ba area in Tay Ho is known as a gathering place for Western tourists, workers, experts and diplomats.

In recent years, foreign residents have been gradually gravitating towards the Tay Ho area. This area has received comprehensive investments in infrastructure and transportation. The neighborhood is rapidly developing with the emergence of international schools, hospitals, commercial centers, restaurants, and cafes, transforming it into a bustling hub of convenient amenities.

In the near future, after the launch of major projects, such as the Samsung R&D office building, the Lotte Mall complex, and the 5-star Shilla Hotel, this neighborhood will become even more vibrant and dynamic.

The growing appeal of this area among successful foreign residents and young Vietnamese will form an elite community, which will drive the potential for real estate rentals in the future. This will pave the way for the development of upscale real estate products tailored to the needs of well-to-do people, such as SOHO Heritage West Lake.

SOHO Heritahe West Lake from the aerial view. Photo by SOHO Heritage West Lake

SOHO Heritahe West Lake from the aerial view. Photo by SOHO Heritage West Lake

SOHO Heritage West Lake sits on Lac Long Quan Street, just a few minutes' walk from the West Lake and the Lotte Mall, offering easy connectivity to the city center and the airport. It only takes 10 minutes to reach the Hanoi Old Quarter in Hoan Kiem District or 20 minutes to get to Noi Bai International Airport.

The project features 202 SOHO (Small Office, Home Office) units designed for flexible use, with effortless switching between living and working spaces. This work-life blended lifestyle has gained popularity in foreign countries and has only recently made its way to Vietnam, and it is especially suitable for new-generation entrepreneurs who want to integrate their personal and professional lives.

New age global citizens can create unique, classy living and working spaces at SOHO  Heritage West Lake. Photo by SOHO Heritage West Lake

New age global citizens can create unique and classy living and working spaces at SOHO Heritage West Lake.Photo by SOHO Heritage West Lake

With modern designs and the availability of top international-branded products, each SOHO Heritage West Lake unit is a luxurious living and working space that meets the needs of both well-heeled Vietnamese and foreign experts.

SOHO Heritage West Lake also owns 30 top-notch facilities, including a sky gym, a rooftop four-season swimming pool, and a well-designed commercial service area. The developer of SOHO Heritage West Lake has also collaborated with Toong, the leading coworking space chain in Indochina, to create an advanced coworking space spanning over 900m2 on the 5th and 6th floors of the building.

The facade of the SOHO Heritage West Lake tower. Photo by SOHO Heritage West Lake

A rendering of the SOHO Heritage West Lake Tower.Photo by SOHO Heritage West Lake

These facilities not only provide a comfortable and convenient life for all, but also serve as a link connecting an exclusive community of entrepreneurs to expand their relationships.

This project is backed by CapitaLand Development - a leading real estate developer in Asia. In 2021, CapitaLand Development (Vietnam) received the Outstanding Sustainable Developer Award at the PropertyGuru Vietnam 2021 awards for its innovative residential projects and constructing environmentally sustainable green buildings.

Find more information about the SOHO Heritage West Lake Tower of the Heritage West Lake project at:
Website: www.heritagewestlake.com
Address: 677 Lac Long Quan St., Tay Ho, Hanoi
To visit a model unit please call 1800 400 08.

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