CapitaLand Development (CLD) is moving forward with the development of The Senique Hanoi, a high-end residential project in the east of Hanoi, with an expected total development value exceeding S$600 million ($455 million). The project follows the successful launch of Lumi Hanoi’s Phase 1 and Phase 2, where over 3,100 units - approximately 97 per cent of the available 3,200 units - were reserved.

The Senique Hanoi and Lumi Hanoi are part of CLD’s broader plan to add 11,000 residential units over the next five years, aiming to reach 27,000 units in Vietnam by 2028. With these two projects, CLD’s portfolio in Vietnam now includes over 18,000 homes across 18 developments.

“Building on the success of Lumi Hanoi in the western part of the city, we are pleased to expand CapitaLand Development’s residential offerings with the development of The Senique Hanoi in the east of Hanoi,” Mr. Alwin Low, General Manager of North Vietnam at CLD (Vietnam), said. “For this project, we are honored to collaborate with two esteemed capital partners - Mitsubishi Estate Co., Ltd. and Nomura Real Estate Development Co., Ltd. - both of whom are renowned developers from Japan. The Senique Hanoi will leverage the site’s prime location and excellent infrastructure to cater to homebuyers seeking a high-quality living environment and strong investment potential. Together with our joint venture partners, Mitsubishi Estate and Nomura Real Estate, we look forward to enhancing the east of Hanoi with this thoughtfully-designed residential project, which aims to meet the aspirations of city dwellers for style, wellness, and connectivity.”

On the positive market reception to Lumi Hanoi, Mr. Low added that the development marks a significant milestone in CapitaLand’s 30-year journey in Vietnam. “It offers top-tier facilities, thoughtful design, functional layouts, and ample parking, all in line with our goal of enhancing homeowners’ lifestyles by blending luxury, convenience, and wellness into their everyday lives. We are heartened that Lumi Hanoi has gotten off to a good start, attracting strong demand for its first two phases. Riding on the positive momentum, we are preparing to hold an exclusive preview of Lumi Hanoi’s Phase 3 in the fourth quarter of 2024. In line with CapitaLand Development’s commitment to supporting Vietnam’s sustainable urbanization journey, we continue to seek long-term investment opportunities, focusing on residential and commercial sectors.”

Alongside Lumi Hanoi, CLD saw positive results during the exclusive previews of Sycamore in Binh Duong New City in southern Binh Duong province, with over 70 per cent of The Orchard, the development’s first gated community residence, successfully sold. CLD is also progressing well with its other construction projects. The 173-unit Heritage West Lake, CLD’s first luxury residential development in Hanoi, is on track to begin handover to homeowners in September.

Experience urban elegance at The Senique Hanoi

The Senique Hanoi, spanning approximately 2.1 ha, is set to begin construction in the third quarter of 2024, with completion scheduled for 2027. The development is conveniently located near the Hanoi-Hai Phong Highway, within a 30-minute drive of the CBD and 40 minutes of Noi Bai International Airport. Its connectivity will be further enhanced with the upcoming Metro Line No. 1 and Metro Line No. 8. The Senique Hanoi is also close to various amenities in Ocean City, including an artificial saltwater lagoon, a freshwater lake, green parks, themed attractions, international schools, VinUniversity, shopping malls, and medical centers.

The project will feature approximately 2,150 units across three 37-story towers, developed in two phases. Homebuyers can choose from a variety of unit types, ranging from one-bedroom units starting at 42 sq m to four-bedroom units measuring up to 186 sq m. The development will also include duplex units and penthouses ranging from 118 to 430 sq m. Notably, The Senique Hanoi will be the first development in the east of Hanoi to offer universal bathrooms designed for safety and aging in place, available in larger two-bedroom units (starting from 80 sq m) as well as in three- and four-bedroom units.

Located in the east of Hanoi, The Senique Hanoi offers a unique opportunity for a vibrant urban lifestyle set amidst spectacular city and lake views within a landscaped garden and river setting. The development embodies the concept of “East meets West”, showcasing the continuous interaction and mutual influence of Eastern and Western cultures within Hanoi. The architecture seamlessly integrates modern and traditional elements, reflecting a dynamic blend of contemporary innovation and soulful design. Inspired by traditional bamboo weaving techniques, featured in the building crown, façade, shopfronts, and landscapes, creating a distinctive visual identity that can be recognized from afar. As the first gated community for high-rise buildings in the east of Hanoi, the development ensures safety, security, privacy, and exclusivity. With a lower density compared to surrounding projects, residents will enjoy greater comfort in a serene, spacious environment.

The project offers a diverse range of exclusive facilities catering to all ages, including indoor and outdoor functions. It is the first development in the east of Hanoi to provide special spaces for trendy lifestyles, such as livestreaming studios for influencers and online business owners. It will also feature recreational facilities including gyms, co-working spaces, party houses, and an indoor theater. In addition, families can look forward to a 50-meter lap pool with integrated kids’ water play area as well as a kids’ maze. Other highlights include facilities on elevated floors, which boast excellent views from the swimming pool, sky gym, exclusive sky lounges, sky gardens, and many more.

CLD’s commitment to sustainability is reflected in the thoughtful design and innovative features of The Senique Hanoi. The project is designed to achieve EDGE (Excellence in Design for Greater Efficiencies) certification issued by the International Finance Corporation (IFC), with projected 24 per cent energy savings. Other key sustainability highlights include rainwater harvesting, diverse local plantings, and localized material selection.