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Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD



Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD


Saturday, February 16, 03 2024:14 PM (GMT+05)

The Capital Place building (Ba Dinh district, Hanoi) was presented by Ms. Truong My Lan at the trial as estimated to be worth 1 billion USD and is being put up for sale by her daughter to overcome the consequences. According to initial information, there is currently someone asking to buy it for 360 million USD.

Video: Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 1.

Capital Place building is located at the intersection of Lieu Giai - Kim Ma - Nguyen Chi Thanh streets (Ba Dinh district, Hanoi).

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 2.

Responding to the Trial Panel about how to resolve assets to overcome the consequences of the case, Ms. Truong My Lan said that one of her two daughters is selling a building in Hanoi, estimated to be worth 1 billion USD. . Regarding this information, the chairman asked Ms. Lan if the building she mentioned was the Capital Palace building at 2 Lieu Giai, Hanoi. Ms. Lan confirmed that it was correct. After Ms. Lan confirmed, the chairman said that according to information sent to the court by Ms. Lan's daughter, someone asked to buy it for 1 million USD, not 29 billion USD as presented by Ms. Lan.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 3.

According to research, the Capital Palace building has a total rental area of ​​93.550 m2 and a total commercial rental area of ​​5.279 m2. 

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 4.

The entire space is surrounded by a 2,7 m high glass system from floor to ceiling and offers 360-degree panoramic views.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 5.

Capital Palace is considered a Grade A office building in the central area of ​​Hanoi city with tenants being multinational corporations such as HSBC Vietnam, Porsche, Standard Chartered Bank Vietnam, Shopee...

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 6.

Lobby space inside the Capital Palace building.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 7.

The building has a strict security system, 24/7 security, modern security gates, you must have a magnetic card to get in and out, up and down floors.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 8.

Basement area B1 of the building has famous coffee, fashion, and gym brands for rent.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 9.

Children's play area in basement B1 of Capital Palace building.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 10.

The building has 4 basements, including 3 basements for cars and motorbikes.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 11.

Capital Place building was originally part of the Vinhomes Metropolis project, then transferred to the legal entity Twin-Peaks Joint Stock Company owned by Singapore real estate group Capitaland. Ms. Truong My Lan said that this building was previously purchased for 700 million USD, plus the cost of completing paperwork, so Ms. Lan estimated this building to cost 1 billion USD.

Close-up of Capital Palace Lieu Giai building for sale for 1 billion USD - Photo 12.

In addition, Ms. Truong My Lan's family business, Chairman of Van Thinh Phat Group, has a 93,6% stake in Daewoo Hanoi Hotel. This is a 5-star hotel, once ranked among the best in Vietnam, through many owners and located opposite the Capital Place building.

Pham Hung



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