New residential project for Gamuda City development in Hanoi

Central Residence is a new residential project to be built within Gamuda Central precinct, in the Gamuda City development in Hanoi, Vietnam. Located in the Hoang Mai district of Hanoi, Gamuda City is a 20-year-long masterplan by Malaysia-based developer Gamuda Land.

Featuring 2,605 units, Central Residence is the second residential project in Gamuda City, after Gamuda Gardens, offering a lakeside- and green-living in one of the largest parks in the heart of Hanoi. The 19-ha Gamuda Central precinct hosts the Green Park, a luxury shopping mall and branded retail shops, offices, as well as a hotel and convention centre. It also houses the Lifestyle Pedestrian Street with a diverse selection of F&B options and retail boutiques.

With a total investment capital of US$3 billion, Gamuda City is renowned for its meticulously-landscaped Yen So Park. This 500-ha township development is believed to be the first project in Vietnam that reserves 50% of the site to foster an urban greening vision with landscaped gardens and facilities to protect the environment.

The infrastructure system for Gamuda City includes the Yen So sewage treatment plant, set to be one of the largest modern wastewater treatments in Vietnam. Infrastructure and communal projects in Gamuda City were reportedly completed ahead of any residential developments, in order to deliver a well-rounded community for its residents.

Asia Bankers Club recently partnered with Gamuda Land as one of the sole and exclusive agents to host an exclusive preview of Central Residence. In its press release, Asia Bankers Club announced that the event was held in Hong Kong on 30 and 31 May 2020, aimed to attract investors to the project.

Kingston Lai, founder and CEO of Asia Bankers Club said, “The shift of multi-national companies to Vietnam has resulted in an expanded pool of local and expat professionals, who look for high-quality homes in prime locations. Commercial districts with the influx of fresh foreign capital as well as districts with new MRT lines promise a lucrative prospect for international investors. In Hanoi, lakeside properties in Hoan Kiem Lake, West Lake and the city's ‘new West Lake’ Yen So, are favoured by the middle-class and foreign investors.”

Images: Gamuda Land