Savills is the exclusive distributor of limited stock in Hanoi block
Savills Vietnam has been appointed the exclusive distributor of limited stock in Lancaster Hanoi.
Developed by Trung Thuy Group, Lancaster Hanoi is located in a prime area with luxurious amenities for living, working and entertainment.
The project is near the Giang Vo – Giang Van Minh – Cat Linh – An Trach crossroads and within proximity to the city’s public transportation system including BRT 01, Cat Linh – Ha Dong metro line and the Nhon – Hanoi Station metro line.
Apartments come with long-term ownership and are ready for immediate move-in. Prices start from US$3,300/sqm, including tax.
With 29 levels and three basements, the building provides 296 one to four-bedroom condos with sizes from 38 sqm – 177 sqm, meeting the needs of investors, young families and multigenerational households.
Lancaster Hanoi is managed to a 5-star standard by Lancaster Management, owned by Trung Thuy Group (TTG). The building offers various private amenities for residents including 24/7 reception and security, 24/7 maintenance service, housekeeping & laundry, swimming pool, gym – sauna, restaurant, children’s playground, library and convenience store.
After six years in operation, more than 50% of the condos in Lancaster Hanoi have been purchased for buy-to-let purposes. As some of the condos available for sale have already been leased, instant profit is achievable. Rental rates at Lancaster Hanoi range from US$1,700 to US$6,900/unit/month.
TTG was established in 1995 and operates in the real estate, high-tech agriculture, commercial services, and hospitality and tourism sectors. In the property sector, it has developed Lancaster Ho Chi Minh, Lancaster Hanoi, and the upcoming Lancaster Lincoln, Lancaster Luminaire, and Lancaster Legacy.
Savills Vietnam is the largest and most experienced real estate practice in Vietnam, with offices in Hanoi, Da Nang, and Ho Chi Minh City. It provides comprehensive property services such as Residential Sales, Commercial Leasing, Residential Leasing, Research and Consultancy, Valuation and Feasibility Study, Banking and Corporate Services, Investment Brokerage and Advisory, Retail Consultancy and Leasing, Property and Asset Management, Tenant Advisory and Representation, Industrial Consultancy and Leasing, and Marketing and Creative Services. It won Asia Pacific Property Awards 2015-2016 for “Best Real Estate Agency in Vietnam” and “Best Property Consultancy in Vietnam”.
