Hanoi Old Quarter apartment block to be rebuilt as 21‑storey tower

The three‑facade residential complex at 23 Hàng Tre in Hanoi’s Hoàn Kiếm Old Quarter, built between 1984 and 1988 for Ministry of Water Resources staff, has deteriorated severely. The five‑storey building now houses about 125 households and suffers structural weaknesses, fire‑safety deficiencies, and unsafe roof extensions.

The Hanoi city government plans to demolish the aging block and construct a new 21‑storey tower with three underground levels, reaching roughly 78 m in height and offering over 16,000 m² of floor space. The redevelopment is part of a city‑wide program to rebuild eight old apartment complexes in 2026. Residents will be relocated on‑site, with compensation calculated at two times the usable area for street‑facing units and 1.5 times for interior units.