Rice City Long Châu: A Visionary Social Housing Project in Hanoi
In a recent announcement, the joint venture between CTCP Him Lam Thủ Đô and CTCP BIC Việt Nam unveiled official details about the highly-anticipated Rice City Long Châu social housing project, located in Thượng Thanh ward, Long Biên district, Hanoi.
Rice City Long Châu will offer a total of 1,980 units, with construction already underway. The CT1 tower broke ground in late 2024, while the CT2 and CT3 towers commenced construction on June 2, 2025. The entire project is expected to be completed by Q4 2027.
According to the developers, the project will comprise 1,699 units for sale, 245 units for rent-to-own, and 36 units for on-site resettlement. The tentative selling price ranges from VND 26-27 million/m2, setting a new record for the highest opening price for a social housing project in Hanoi. Previously, the N01 Hạ Đình project in Thanh Trì district held the title with a selling price of VND 25 million/m2.
At Rice City Long Châu, the smallest unit (32m2) is expected to cost approximately VND 864 million, while the largest unit (77m2) could reach VND 2.08 billion.
A Strategic Location with Excellent Connectivity
The project boasts a prime location near major transportation arteries, including National Highway 5, Ngô Gia Tự, Nguyễn Văn Cừ, Chương Dương Bridge, and Vĩnh Tuy Bridge, providing quick access to Hanoi’s city center—just a 15-20 minute drive away.
Additionally, the site is conveniently situated close to Ring Road 2 and Ring Road 3, as well as Hanoi’s developing eastern areas, making it easy to travel into the city or to neighboring provinces such as Hưng Yên and Hải Dương.
The project’s proximity to schools, hospitals, markets, administrative centers, and commercial hubs, such as Vinschool, Đức Giang General Hospital, AEON Mall Long Biên, and Vincom Long Biên, ensures convenient access to daily necessities and public services within a 1-3 km radius.
Long Biên district is strategically positioned for growth, as it falls within the development linkage of Đông Anh and Gia Lâm, forming a critical connection in Hanoi’s eastern urban expansion, where multiple “urban cores” are envisioned for the future.
During a conference in March, the management of Long Biên district revealed that four social housing projects are expected to be implemented after 2025. These include a social housing project in the C.6/NO12 planning area (Giang Biên ward) and the NO-XH2 social housing area in the Sài Đồng B Industrial Park support area (Thạch Bàn ward).
Additionally, there are plans for a social housing project on the CT land plot within the CT1 planning area of the project for investing in the construction of technical infrastructure for land auction (Long Biên ward), and a social housing project in the C14/NO1 planning area (Phúc Đồng ward).
According to the Ministry of Construction, Hanoi is on track to complete six social housing projects this year, offering a total of 4,730 units to the market, surpassing the target of 4,670 units set by the Prime Minister.
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