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Lumi Hanoi Phase 2 – CapitaLand: Very First Project Information Updates

Posted by Khoi Pham on May 27, 2024

Lumi Hanoi Phase 2 – CapitaLand: Very First Project Information Updates

Lumi Hanoi released phase 1 with about 2,000 apartments from 5 blocks named Signature 1, Signature 2, Signature 3, Signature 5 and Signature 6 successfully in 24th May, 2024. The absorption rate is high, like almost sold out, leaving only 3 bedroom apartments left. The 1 bedrooms and 2 bedrooms are the hot choices and ran out shortly.

Continue its success, CapitaLand releases phase 2 of Lumi Hanoi with 2 blocks, consisting of just 878 apartments from 2 blocks name The Prestige with the below first information.

Overall Lumi Hanoi Phase 2 Project Information:

Developer CapitaLand Development Vietnam
Location Tay Mo, Nam Tu Liem District, Hanoi
No. Blocks 2 Blocks, 30 Floors
No. of Residential Units 878 Units
Handover Condition Fully Finished
Est. Construction Q1.2024
Est. Handover (PI) Est. Q2.2027
Product Mix Unit Type Unit Size
1BR 42 sqm – 55 sqm
2BR 54 sqm – 86 sqm
3BR 86 sqm – 137 sqm
4BR 127 sqm – 136 sqm
Penthouse 337 sqm – 411 sqm

Lumi Hanoi Phase 2 Location:

The location of Lumi Hanoi is at: C3-CH01-1 Tay Mo – Dai Mo – Vinhomes Park , Vietnam, Hanoi, 100000

It’s opposite of Vinhomes Smart City. Lumi Hanoi is located in a well-planned infrastructure area in the West of Hanoi, near a variety of attractive amenities including parks, schools, shopping malls, medical centres and the new administrative centre. It is accessible by Thang Long Highway and is a convenient 20-minute drive from Hanoi’s central business district and a 40-minute drive from Noi Bai International Airport. In the future, connectivity will be further improved when the Metro Lines 5,6 and 7 begin operations.

This is how the land site of Lumi Hanoi Phase 1 looks like:

And this is the Lumi Hanoi Phase 2 land site:

How Lumit Hanoi Phase 2 is different from Phase 1?

Phase 2 of Lumi Hanoi is an upgrade in design and quality of furnishing comparing to Phase 1. There are several distinctive factors between 2 Phases as following:

  • Phase 2 uses film, not 2D paint on the exterior, creating a 3D effect. This is different from other projects;
  • Only 878 units from 1 bedroom to penthouse;
  • Construction density: 30 floors. Fewer units, more privacy.

Handover Conditions of Phase 2 of Lumi Hanoi:

  • Changes compared to the Signature blocks: floor-to-ceiling full glass windows in the master bedroom;
  • A 50m ultraviolet pool. Only 2 towers have access;
  • Four-season jacuzzi pool inside the building;
  • 350m2 gym;
  • Close to elevated parking;
  • Ecological lake area.

Lumi Hanoi Phase 2 Opening for Refundable Booking:

Lumi Hanoi Phase 2 is opened for Refundable Booking of: 100,000,000 VND/unit, around 3,900USD/unit (Refundable if cannot choose favorable unit).

Buyers who are interested in placing the refundable booking can contact Realtique as below for more details: 

Lumi Hanoi Phase 2 Expected Price:

The Price of Lumi Hanoi Phase 2 is expected to increase a little bit with the Phase 1. For locals, the price is from 75,000,000 VND/m2 excluding 10% VAT ~ 3,000USD/m2. For foreigners, the price can be higher than locals from 10%.

Lumi Hanoi Phase 1 is the first project launched in Hanoi in Q2.2024 marking a successful launch and signaling a market recovery. The Phase 2 is expected to be sold out considering limited supply and the demand is still increasing. 

Hanoi market is more potential comparing to Ho Chi Minh City as the price is still low for high-end segment, giving much more room for price increase to secure decent profit and fast liquidation.

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