West Lake / Tay Ho is a prime-tier Class A submarket of Hanoi with average asking rent around $336/sqm/yr · ≈ $31.2 PSF/yr USD.
Premium expat and embassy district. · Tier: prime · Avg rent: $336/sqm/yr · ≈ $31.2 PSF/yr USD
West Lake (Tay Ho) anchors Hanoi's premium expat and embassy Class A district — embassy tenancy, luxury hospitality, and boutique professional services HQs.
Embassies, expat services, boutique HQs, hospitality.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus; Hanoi Metro Line 2 (planned).
Multi-modal transit captures the metro's principal professional catchment.
West Lake, Tran Quoc Pagoda, Sheraton West Lake.
West Lake / Tay Ho is one of 5 Class A submarkets we cover in Hanoi, classified as prime tier with an average asking rent around $336/sqm/yr · ≈ $31.2 PSF/yr USD. Compared with the broader Hanoi Class A stock, West Lake / Tay Ho typically attracts Embassies, expat services, boutique HQs, hospitality and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside West Lake / Tay Ho: Ba Dinh, Cau Giay, Hoan Kiem, Dong Anh / Bac Ninh Corridor. The full Hanoi submarket atlas is at /cities/hanoi.
For an institutional Class A occupier evaluating West Lake / Tay Ho, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Hanoi Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.