Capital Elite 18 Pham Hung – Latest Information & Prices In 2023
By spending just a few minutes reading the article below, you will gain a better understanding of the information about Capital Elite 18 Pham Hung, as well as the latest selling price and payment policies.
Capital Elite – Elite Apartments In Prime Location
The perfect puzzle piece for a vibrant picture in Western Hanoi
Situated in a prime location right on the frontage of Pham Hung Street – a vital artery in the western part of the capital city, amidst the heart of My Dinh area, Capital Elite possesses exceptional advantages that have drawn significant attention since its introduction to the Hanoi real estate market.
PRICE AND PAYMENT SCHEDULE OF CAPITAL ELITE PROJECT
Capital Elite is a high-end mixed-use project comprising luxury apartments, premium commercial centers, and top-notch office spaces for lease, situated in the western part of Hanoi’s new CBD. The project is invested by Thudo II Co., Ltd. – a major player behind various real estate projects with prime land holdings in Hanoi. It is among the focal points for both domestic and foreign investors.
So, what is the selling price of Capital Elite? Currently, the project is being offered at a price range of approximately 65 to 70 million VND per square meter (~ USD 2800 per square meter). With its prime location, exquisite design, and superior amenities, this price is quite competitive compared to other products in the same segment.
Moreover, the developer has introduced highly attractive incentive policies. Specifically, customers purchasing under the standard payment method will receive a 1% discount on the apartment’s selling price (excluding VAT and maintenance fees).
Sale policy for Capital Elite
WHY SHOULD YOU BUY CAPITAL ELITE?
Le Thi Hang, CEO of Indochine Real Estate Joint Stock Company, shares: “Newly launched condominium projects in Hanoi are becoming increasingly scarce due to limited land funds and supply shortages. Therefore, Capital Elite 18 Pham Hung has contributed to solving this challenging issue, and the project is also eagerly welcomed by investors and homebuyers for its outstanding advantages.”
1. Situated At A Precious Location
The project is located at 18 Pham Hung Street, My Dinh II Ward, Nam Tu Liem District, Hanoi. This area is considered the heart of My Dinh, which is planned to become the “new CBD” – the new administrative center in the western part of Hanoi. This location promises infinite potential for real estate appreciation.
With a modern and well-connected transportation system, as well as a community of expatriates, Capital Elite offers an ideal living environment for sophisticated residents – a place where successful individuals with harmonious lifestyles converge.
Capital Elite location
2. The Shift To The New CBD Of Hanoi’s Western Area
The western area is being developed as the new financial and international administrative center, where the headquarters of ministries, departments, foreign diplomatic agencies, factories, offices of multinational companies, and corporations are gathered.
Alongside this development, a well-planned infrastructure and the most advanced public transportation system, including the elevated railway Cat Linh – Ha Dong and Metro lines 5, 6, and 7, connect the western area to other parts of Hanoi.
Moreover, the western area of Hanoi is flourishing with diverse amenities to meet the residents’ needs, such as schools, hospitals, supermarkets, and recreational areas.
With all these factors combined, Hanoi’s western area has gradually become the “New CBD” of the city, attracting a significant number of residents and foreign experts “shifting” from the central areas to this location.
3. Scarce Supply In The West Area
The analysis from Savills Hanoi in the first quarter of 2023 shows that the western area continues to lead in terms of real estate demand and transaction volume. The primary supply comes from districts Nam Tu Liem, Bac Tu Liem, and Cau Giay, accounting for 46% of the total, and 51% of the apartments sold in the quarter.
In the next 2 – 3 years, there won’t be many luxury projects in the western part of the capital city (new CBD), especially with foreign investors as the primary source. Therefore, Capital Elite is currently the shining star that addresses the challenging issue of “high demand – limited supply” for the entire market.
4. Attractive Prices, High Rental Yield
The western area of the capital city is attracting a community of foreigners for both living and investment purposes. Thus, this area is expected to be the most vibrant and dynamic in terms of rental yield and capital recovery.
Moreover, with 100% of Capital Elite apartments being spacious 3-bedroom units with 2 balconies, located in an area with many headquarters of major corporations and foreign communities, the project is expected to generate high rental yields.
5. Complete And Transparent Legal Documentation For Capital Elite
As of now, Capital Elite is one of the rare projects with proper legal documentation: Building permits and Land use rights certificates for the project area.
Additionally, the project’s progress is always guaranteed. Currently, the project has reached up to the 8th floor (latest update as of the end of July 2023). Therefore, customers can be completely assured when purchasing properties in this project.
Legal Compliance of Capital Elite
By now, you may have already understood why the project has made a significant impact right after its launch on June 18th. More than 80% of the scarce products released during this event have been successfully traded.
INTRODUCING CAPITAL ELITE PHAM HUNG
The project is built on a scale of 4766.6m2, consisting of 1 tower (including 4.5 basement floors and 32 above-ground floors), with a construction density of 50%. It offers approximately 334 high-end apartments to the market, featuring a comprehensive Smart Living ecosystem. In addition, the project integrates a series of world-class amenities, bringing sustainable value to a luxurious and refined living experience.
Capital Elite Apartments is a mixed-use project located on the arterial road of Pham Hung, right in the heart of My Dinh area. It is considered to have the most beautiful location with a wide view that encompasses the entire area and enjoys convenient transportation. Since its recent launch, the project has created a wave in the real estate market, with more than 80% of the scarce units being successfully transacted during the event.
The Scale of Capital Elite 18 Pham Hung
Overview of Capital Elite Pham Hung Project:
|No. 18 Pham Hung, My Dinh II Ward, Nam Tu Liem District, Hanoi
|Thu Do II Co., Ltd
|Business development & management unit
|Indochine Real Estate Joint Stock Company
|01 tower with 4.5 basements + 32 floors (including 9 commercial floors, 21 apartment floors and 2 Penthouse floors)
|High-class apartments, Developer-owned apartments, Shopping malls and Oces
|From 105m2 – 127m2 with 3BRs
• Vietnamese: Long-term ownership
• Foreigners: 50-year ownership
|Expected handover period:
CAPITAL ELITE DEVELOPER
Capital Elite is a rare mixed-use complex of commercial spaces, offices, and high-end apartments located in the western region of Hanoi, invested by Thudo II Co., Ltd. This company is one of the prominent players in the Vietnamese real estate industry, known for its ownership of prime land and involvement in key projects in the city.
Established in 1996, Thudo II Co., Ltd. primarily focuses on real estate business and office leasing investment. The company has successfully implemented several projects, including Capital Building (41 Hai Ba Trung), Capital Building (72 Tran Hung Dao), Capital Building (58 Kim Ma), Chợ 19/12 Market, and Hang Be Market.
Moreover, the developer has partnered with Indochine Real Estate Joint Stock Company to collaborate on project development. This strategic partnership brings one of the project’s strengths as it benefits from the operational and management expertise of an international entity, ensuring the highest quality of living for its esteemed residents.
Capital Elite is invested by Thudo II Co., Ltd
SMART FACILITIES AT CAPITAL ELITE
With a harmonious blend of tradition and modernity, Capital Elite 18 Pham Hung offers a liberating lifestyle that seamlessly connects nature and human. It promises to be a prestigious living space for discerning residents. Within the project, residents can indulge in a wide range of upscale amenities, including a diverse shopping center, modern office spaces, international preschool, swimming pool, restaurants, gym, bar, and leisurely stroll gardens.
Furthermore, in the vicinity of the project, there are various other external amenities, such as sports stadiums, parks, universities, and international hospitals.
A series of attractive utilities to meet the needs of Capital Elite residents
Capital Elite has a super large parking basement
CAPITAL ELITE LOCATION
Situated on the prominent Pham Hung Avenue, the gateway to the western part of Hanoi, Capital Elite boasts a prime location, gathering numerous advantages that promise a sophisticated lifestyle befitting its esteemed residents. The project benefits from modern transportation routes and a comprehensive urban planning in the My Dinh area, and the new CBD (Central Business District) in the western part of the capital. It stands as the most prosperous and vibrant location in Hanoi, serving as a focal point connecting administrative and economic centers. This is a testament to the growth potential of the project.
Furthermore, the area is also a hub for expatriates, making it a desirable location for this upscale complex, catering to accomplished individuals with shared values and lifestyle choices.
Additionally, the location lies on the main axis that connects the western part of Hanoi, providing seamless access to surrounding amenities such as supermarkets, schools, hospitals, entertainment venues, and key government agencies.
With its strategic position in the heart of My Dinh, residents can easily and conveniently access important roadways and transportation hubs, including:
- Cau Giay – Kim Ma route connecting to the city center.
- Pham Hung Avenue, a vital artery linking the southern and northern regions of Hanoi.
- Ring Road 3 passing through Cau Giay, Soc Son, Tu Liem, Hoang Mai, Thanh Xuan, and Dong Anh districts.
- Overpass highways.
- My Dinh Bus Station.
- Noi Bai International Airport.
In addition, the project is part of a well-planned urban area undergoing robust development in Hanoi, with numerous high-end buildings already in operation, such as Indochina Plaza, The Manor, and KeangNam.
Capital Elite has highland connectivity
CAPITAL ELITE FLOOR PLAN
Capital Elite Pham Hung is developed on a scale of 4,766.6m2, featuring one tower with 32 above-ground floors and 4 to 5 basement levels, offering a total of 334 high-end apartments to the market. The tower comprises multiple functions on different floors:
- Floors 1 – 9: Commercial center and offices, providing various services for residents such as offices, preschool, medical center, gym, restaurants, convenience stores, cafes, etc.
- Floors 10 – 17: Apartments for sale to Vietnamese customers.
- Floors 18 – 23: Apartments for sale to foreign customers, designed with special layouts to suit the international residents.
- Floors 24 – 30: Serviced apartments and hotels catering to high-ranking executives and tourists.
- Floors 31 – 32: Exquisite and luxurious penthouses, offering the ultimate experience of upscale living for the affluent.
Capital Elite’s even floor plan
Capital Elite’s retail floor plan
Aiming to enhance the quality of life for residents, the developer has designed spacious apartments with diverse room sizes, providing different perspectives on the vibrant and dynamic life in the heart of the capital.
Capital Elite Pham Hung layout
FURNISHED INTERIOR OF CAPPITAL ELITE APARTMENT
Capital Tower 18 Pham Hung is handed over with high-end interior standards, each apartment equipped with modern appliances and furnishings, providing a fully furnished and contemporary living space for residents.
Air-conditioning: Each apartment is equipped with a ceiling-mounted air conditioning system to fulfill the need for fresh and clean air while optimizing energy efficiency.
Kitchen: The kitchen is fully equipped with upper and lower cabinets, imported sinks, and modern appliances. The open kitchen design offers spaciousness and convenience for cooking.
Bathroom: The bathrooms are furnished with high-end sanitary ware and complete with branded accessories from Kohler. With simple and elegant designs that are easy to maintain, residents can enjoy a clean and convenient bathing experience, providing comfort and relaxation after a tiring day.
Bedroom: The bedrooms are designed to embrace natural light, creating a relaxing ambiance for a good night’s sleep after a day’s work. Careful attention to detail is put into every aspect, from the interior to the windows, to offer an ideal living space for the whole family.
At Capital Elite project, providing amenities and comfort is not just a commitment, but also the dedication of the developer to create a perfect living environment for the residents.
Capital Elite handed over high-class furniture to bring the perfect living space to residents
CONSTRUCTION PROGRESS OF CAPITAL ELITE 18 PHAM HUNG
The Capital Elite condominium project is constructed by Licogi 13 – one of the most reputable and well-known construction companies in the market. According to the latest update as of the end of July 2023, the project is progressing well. Specifically, the construction has completed 4 to 5 basement levels and is currently building up to the 8th floor. Moreover, the construction site is bustling with numerous workers, working diligently under the scorching Hanoi weather.
Update on the construction progress of the Capital Elite project (July 2023)
FREQUENTLY ASKED QUESTIONS ABOUT CAPITAL ELITE PROJECT
Realtique has compiled some questions related to Capital Elite and provided the answers below.
Where Is The Capital Elite Project Located?
The project is situated at 18 Pham Hung Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, the capital city of Vietnam.
Who Is The Developer Of The Capital Elite Project?
The developer of the Capital Elite Project is Thudo II Limited Liability Company. The project development is carried out by Indochine Real Estate Joint Stock Company.
What Is The Price List For Capital Elite Apartments In Pham Hung And The Payment Policy?
Currently, Capital Elite price is approximately 65 – 70 million VND/m2 (~ USD 2800/m2). For detailed price information, please contact Realtique hotline at +84 866 810 689.
What Is The Scale Of The Capital Elite Condominium Project?
The high-end Capital Elite complex consists of one tower, including 4.5 basement floors and 32 above-ground floors, providing 334 high-end apartments (3-bedroom and 3-bedroom +1) with sizes ranging from 105 – 127m2.
- 9 floors for commercial services.
- 21 floors for apartments: for Vietnamese customers (floors 10 – 17), for foreign customers (floors 18-23), and for rental purposes (floors 24-29).
- 2 Penthouse floors: Floor 30-31.
- Floor 32: Sky Bar, Sky Garden, and rooftop promenade.
Does The Bank Support Loan When Purchasing Capital Elite Apartments?
When buying a Capital Elite apartment, customers can be supported with a loan of up to 50-70% of the property value. Loan conditions depend on the customer’s ability to borrow, and the bank will provide an accurate figure for the loan amount and property valuation.
If you wish to live in the bustling heart, immerse yourself in an outstanding community, and aspire to a luxurious lifestyle in a warm and harmonious living space for your entire family, Capital Elite is the perfect choice. Besides the emotional benefits, the project also offers rational benefits from its prime location, high-end amenities, and international operating units. Moreover, the project holds potential for high real estate value appreciation in the future. If you are interested in this project, please contact the hotline +84 866 810 689 for further details.