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Sun Group
Vũng Tàu's largest coastal urban development with Sun World water park, 860m beachfront, and over 200 unique facade designs
Better for long-term living than for investing.
Sun Group's biggest coastal bet — 96.6ha with Sun World water park already open and expressway cutting HCMC-VT to 70 min. Strong developer pedigree and low entry (condotel from 2.8B). But this is a resort play, not primary residence — Vũng Tàu rental is seasonal and 50-year condotel ownership limits long-term value.
| Project | Price | Distance |
|---|---|---|
| The Maris Vũng Tàu | 42M VND/m² (condotel) | 23ha on Chí Linh Beach, same area but 50-60% cheaper condotel pricing, handover Q4 2026 |
| Aria Vũng Tàu | 40M VND/m² (condotel) | 7.7ha, already delivering, established rental track record but much smaller scale |
| NovaWorld Hồ Tràm | 40-80M VND/m² | Similar coastal resort concept but in Hồ Tràm (further from HCMC), Novaland developer risk higher |
End-user: 6.0 = mixed project, suitable only for certain buyers. Exceptional amenity package (Sun World water park, AEDAS design, 5-star hotels) and strong developer pedigree, but this is a resort project in Vũng Tàu — 70+ min from HCMC, no metro, seasonal city, all under construction with no delivery or pink books. Not viable as a primary residence for HCMC commuters. Only suitable for those choosing Vũng Tàu beach lifestyle or second-home buyers.
Investor: 5.4 = weak project with notable concerns. Condotel at 75-110M/m² is 2x comparable Vũng Tàu projects (The Maris 42M, Aria VT 40M). 50-year condotel ownership depreciates annually. Rental demand is highly seasonal (weekends/holidays only). 9,383 total units create massive supply risk. No delivery track record, no resale history. Strong catalysts (expressway, Sun World, airport) provide long-term upside but don't offset the steep entry price and structural risks.
| Unit price | 2,8 tỷ – 55 tỷ |
| Launch price | 200 triệu/m² |
Brand new project (launched Jun 2025) with no resale history. Developer pricing stable at 75-200M/m² across product types. Two major catalysts already delivered: Sun World water park (Feb 2026) and Biên Hòa-VT Expressway (Feb 2026). Long Thành Airport (Jun 2026) will be the next price trigger. Real test is first Casa low-rise handover (Q2 2026) and whether rental yields materialize.
| Developer | Sun Group |
| Construction | Construction |
| Completion | 2027 |
| Total Units | 9383 |
| Towers | 10 |
| Launch Date | 2025-06 |
| Handover | 2027-Q2 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | Groundbreaking May 16, 2025. Sales launched June 28, 2025. Beacon apartments have long-term ownership (sổ hồng lâu dài). Blanca condotel towers have 50-year ownership. Casa low-rise has long-term ownership. |
Blanca City
| CBD (peak) | 90-120 min to HCMC (weekend/holiday congestion on expressway) |
| CBD (off-peak) | 70 min to HCMC via Biên Hòa - Vũng Tàu Expressway (opened Feb 2026) |
| CBD (motorbike) | Not recommended — expressway car-only, old route 90+ min |
| Airport (peak) | 40-50 min to Long Thành Airport via expressway |
| Airport (off-peak) | 30 min to Long Thành Airport (targeting commercial operations Jun 2026) |
Upper-class families, resort investors, tourism-oriented buyers. Designed population ~13,000 residents + ~11,000 tourists.
A 96.6-hectare luxury coastal urban development by Sun Group on Vũng Tàu's Back Beach (Bãi Sau), combining long-term ownership apartments, condotels, villas, townhouses, and shophouses with the Sun World Vũng Tàu water park as its centerpiece entertainment attraction.
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