Explore VietnamReal Estate
Explore Vietnam
KITA Group
Under construction · Developer selling
Wellness-luxury compound on 230m of Võ Văn Kiệt frontage — full-height Low-E glass, salt electrolysis sky pool, Jjim Jil Bang spa, healing garden, and sky bar. 15-20 min to D1 off-peak.
KITA Group's first HCMC high-rise project, spanning 230m of Võ Văn Kiệt Boulevard frontage across addresses 69-79-89. Three tower clusters (Stella 69, 79, 89) with ~1,568 units on 3 hectares. Wellness-focused design with full-height Low-E glass facades and salt pool spa. KITA has land/low-rise experience (Kita Capital Hanoi, Kita Airport City Cần Thơ) but no high-rise apartment track record.
Better for long-term living than for investing.
Bình Tân's boldest luxury bet is now in active construction with Stella 79 freshly approved. At 90-100M/m², still double Akari City next door. Construction is on schedule but very early (basement phase). KITA's 1,297B VND bond maturity in Nov 2026 adds financial uncertainty — only for buyers with high risk tolerance who believe in the wellness compound vision.
| Project | Price | Distance |
|---|---|---|
| Akari City | 45-50 million/m² | Same Võ Văn Kiệt frontage, by established Nam Long Group, Phase 1 delivered with pink books, half the price |
| Aio City | 55-60 million/m² | Tên Lửa area Bình Tân, by Hoa Lâm Group. Established neighborhood but no boulevard frontage. |
End-user: Mixed project suitable only for certain buyers. Impressive wellness amenity plans and genuine Vo Van Kiet connectivity (15-20 min to D1), but at 90-100M/m2 it is double the price of Akari City on the same street. KITA Group has no high-rise track record, carries Sacombank debt restructuring history, and handover is 2028. Moderate flood risk and no metro compound the concerns. Only makes sense if KITA delivers on execution — a big 'if'.
Investor: Weak investment case with notable concerns. Entry at 90-100M/m2 in Binh Tan is unprecedented and untested — double Akari City's pricing with no resale history to validate demand at this level. Rental yields will be poor given high entry cost vs. tenant willingness-to-pay in this district. Unproven developer, no pink books, debt restructuring history, and 1,568 units create meaningful downside risk.
| Developer | KITA Group |
| Construction | Construction |
| Completion | 2028 |
| Total Units | 1568 |
| Towers | 3 |
| Launch Date | 2026 |
| Handover | 2028 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Pink Book % | 0% |
| Legal Notes | 1/500 master plan approved. Stella 69 investment approved (Decision 3415/QĐ-UBND, June 2025). Stella 79 investment approved (March 19, 2026) with Phuoc Long Construction Service as investor. Exempt from construction licensing. Long-term ownership for Vietnamese nationals, 50-year for foreigners. KITA Group has 1,297.5B VND in bonds maturing Nov 2026 — buyer should verify financial health. |
Ansana By Kita
| CBD (peak) | 30-40 min via Võ Văn Kiệt |
| CBD (off-peak) | 15-20 min |
| CBD (motorbike) | 20-25 min |
| Airport (peak) | 40-50 min |
| Airport (off-peak) | 25-30 min |
Young professionals and families upgrading in western HCMC. Mix of local Bình Tân residents moving up and buyers from other districts attracted by Võ Văn Kiệt connectivity and wellness amenities.
