The Matrix One Apartment Management for Foreign Owners

The Building

About The Matrix One

The Matrix One is MIK Group's flagship in western Hanoi, designed by Austrian practice Baumschlager Eberle and built by Coteccons. Phase 1 — the two towers named The Diamond and The Ruby — was handed over from June 2022 and holds 740 apartments.

Apartments were delivered with brand-name fittings (Bosch, Malloca, Duravit), which is unusual in the Hanoi market and shows up in how the units present to tenants. The towers front a themed park of roughly 14 hectares and the street once used for Vietnam's Formula 1 circuit.

The surrounding My Dinh area is an established middle-class and expatriate district with a growing cluster of international and bilingual schools, and it sits next to the western office corridor on Pham Hung and Le Duc Tho.

Faces a ~14 ha parkJapanese School of Hanoi in the same areaNear Keangnam Landmark 72 and the National Convention CenterWestern office corridor nearbyDelivered with brand-name fittings

Building Facts

Key details

Developer: MIK Group — main contractor Coteccons, architect Baumschlager Eberle
Address: Le Quang Dao street, Tu Liem ward, Hanoi
Ward (from Jul 2025): Tu Liem ward
Handover: Phase 1 handed over from June 2022
Towers / floors: Phase 1: 2 towers (The Diamond, The Ruby), 44 floors
Total apartments: 740 apartments in phase 1, plus 20 shop-apartments (1,752 across the whole development)
Site area: 19.7 hectares
Managed by Cozyhome: 2 apartments

Building information compiled from public developer and market sources. Hanoi replaced its district tier with new wards on 1 July 2025 — where a new ward is not yet confirmed for an address, we leave it out rather than guess.

Layouts & Rent

What this building offers, and what it rents for

Use this as orientation, not a quote. When you enquire we check what is actually available and what your specific unit should achieve.

Typical layouts in this building

Layout	Size
2 bedrooms	86–87 m²
3 bedrooms	111–113 m²
Dual key	approx. 112 m²
Shop-apartment	156–160 m²

Layouts published for this building. Individual units vary by tower and floor. Phase 2 (The Luxe and The Elite) is still under construction and has no rental market yet.

Indicative asking rent

Layout	USD / month	VND / month
2 bedrooms (86–88 m²)	~$1,250	15–25 million
3 bedrooms (111–115 m²)	$1,650–1,850	28–35 million

Asking prices on public listings, July 2026 — not transacted rents, and not a quote. Two-bedroom figures come from listings posted within days of our check; three-bedroom VND figures are older. Occasional dual-key units are asked at 40–50 million but those are one-off listings, not the norm. Achieved rent depends on floor, view, furnishing and lease term. Ask us for current availability and a realistic figure for your unit.

Our Work Here

Apartments we furnished and manage in The Matrix One

Photographs of real units in this building. Cozyhome designed and furnished each one for its owner, listed it to expat tenants, and now runs it month to month — no developer renders, no stock images.

Apartment 1

Apartment 2

Every piece of furniture you see was specified, sourced and installed by our team — see Interior & Furnishing for what a package covers and what it costs. Owners who want the same for their unit usually start with a free consultation.

How These Apartments Got There

The same sequence we would run for your apartment in The Matrix One.

The apartments above did not arrive rent-ready. Each one went through the same sequence — and that sequence is what we offer an owner who hands us a unit in this building.

First we make it rentable

✓Interior & Furnishing — layout, sourcing, installation and styling
✓Fixed package price agreed in writing before anything is ordered
✓From $4,000 for a one-bedroom, $5,000 for two, $6,000 for three
✓Professional photography on completion, ready to list
✓Nothing bought without your approval

Then we let it and run it

✓Tenant Sourcing — marketed to expat tenants, screened, lease signed. One month’s rent on signing
✓Property Management — rent, bills, repairs, inspections. 4% of annual rent
✓Monthly statement in English, wherever you live
✓Contractors who have already worked in this building
✓Your written approval before any non-urgent spend

Notes for owners in The Matrix One

This is a building where finishing quality does real work for you. The developer handover specification is above the Hanoi norm, so a well-kept unit here shows noticeably better than a comparable apartment nearby — and that difference lands in the rent and in how quickly the unit lets.

The flip side is that tenants at this level notice wear. Scuffed paint, a tired sofa or a slow repair moves an apartment from the top of the shortlist to the bottom. Our job is to keep the unit at the standard it was delivered at: inspections with photos, small repairs handled before they become visible, and furniture refreshed when it stops earning its keep.

Phase 2 of the development is still being built. If you own there rather than in The Diamond or The Ruby, the rental market does not exist yet and any rent figure you are shown is speculative — worth saying plainly.

Our Service Here

What Cozyhome does for owners in The Matrix One

Every month, without you flying in

✓Tenant sourcing and screening, marketed to expat tenants
✓Rent collected and reported in English
✓Service charge, parking and utility bills handled
✓Maintenance coordinated with contractors who know the building
✓Photo-documented inspections

Before anything is spent

✓Your written approval for any non-urgent cost
✓Quotes compared, not the first contractor called
✓Receipts and invoices kept on file
✓A clear monthly statement of income and expenses
✓Direct line on WhatsApp, Telegram or email

Hand Us Your Unit

Own an apartment in The Matrix One? Let us run it.

We already furnish and manage apartments in this building. Tell us your unit and we will come back with a realistic rent expectation, what it would need to reach that, and our fee — no obligation.

Free Consultation