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THE RETAIL LANDSCAPE AT STARLAKE HANOI

08/06/2026

Why is Starlake Hanoi’s Future Retail Hub.

The Starlake Tây Hồ Tây urban area (186.3 hectares) is rapidly positioning itself as Hanoi’s next-generation retail and commercial epicenter. The area’s growth is driven by a deliberate government strategy to relocate key administrative functions, transforming it into the capital’s new administrative, diplomatic, and financial hub.

  • The "Northward Expansion" Trend: Retail demand is shifting away from the saturated urban core (Hoan Kiem/Hai Ba Trung) toward Western and Northern Hanoi. Starlake Tay Ho will bridge these two growth zones.

  • The integration of Hanoi’s upcoming Metro Line 2 (Nam Thang Long – Tran Hung Dao), which will seamlessly connect local commuters and foreign expats directly to the central business district and diplomatic quarters.

  • Surrounded by upscale residential zones, international schools (e.g., The Dewey Schools, Ciputra, Vincom Bac Tu Lien), and the massive Samsung R&D Center.

 

Key Retail & Shopping Mall Projects

 

The concentration of international retail heavyweights within a compact radius is turning Starlake into a hyper-competitive, high-end retail cluster.

1Lotte Mall West Lake Hanoi:

An existing, massively successful anchor adjacent to the area, dominating the current retail landscape with premium entertainment, dining, and luxury fashion.Lotte Mall West Lake Hanoi

 

2. Westlake Square Hanoi (Takashimaya):

Developed by Toshin Development (the real estate arm of Takashimaya Group). Phase 1 features a 10-story tower (approx. 43,000 sqm GFA) scheduled to open in Autumn 2027.Westlake Square Hanoi

 

3. Thiso Mall Starlake:

Spearheaded by THACO, this upcoming "all-in-one" mega-mall complex is actively progressing toward completion of high-profile international brands and premium hypermarket concepts (Emart) to the northern market.Thiso Mall Starlake

 

Commercial & Office Ecosystem (Grade A Hub)

A sustainable retail ecosystem requires heavy daily corporate footfall. Starlake is backing its retail supply with an immense wave of premium Grade A office spaces:

1. IFC Hanoi (Lot B3 CC1):

Premium 35-story, LEEDs Gold certified, mixed-use development featuring Grade A office spaces seamlessly integrated alongside a 5-star hotel and serviced apartment operated by The Shilla.IFC Hanoi.jpg

 

2. Parc Hanoi:

 A highly anticipated 23-story commercial tower with LEEDS Gold certification. The building delivers massive, modern 1,900 sqm floorplates catering to multinational tenants.Parc Hanoi

 

3. Westlake Square Office Component:

Integrated directly within the Takashimaya-anchored complex, allowing corporate tenants direct, on-site access to premium retail amenities.Westlake Square Hanoi

4. Oriental Square:

16-story Grade A office building with its LEED Gold certification.Oriental Square

5. Samsung Data Center:

A data facility developed by Samsung to anchor the district’s digital ecosystem and provide high-performance, secure IT infrastructure for multinational corporate operations.Samsung Data Center

 

Retail Advisory & Leasing

Starlake offers highly competitive rental rates compared to Hanoi's saturated urban core, providing an optimal window for strategic market entry before traffic peaks post-2027. 

Contact our Retail Advisory Team for tailored market-entry, tenant representation, and exclusive leasing opportunities across Starlake’s upcoming premium projects

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

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