Explore VietnamReal Estate
Explore VietnamBetter for long-term living than for investing.
A genuinely distinctive choice within Phú Mỹ Hưng — EDGE certification, a 1,000 m² pool for 182 households, and low-density living set it apart from the cluster of larger PMH projects nearby. The limited unit mix (2BR and 3BR only) narrows the buyer pool.
Homeowner: A solid choice for homeowners who value green building credentials and low-density living within the Phú Mỹ Hưng precinct. EDGE certification, a 1,000 m² pool for only 182 households, and the surrounding PMH ecosystem — FV Hospital, Japanese School, and Crescent Mall all within 700 m — deliver genuine quality of life. The honest tradeoff is the setting: the International Commercial District brings high ambient noise from restaurants, pub venues, and SECC event traffic, and District 7 remains car-dependent for CBD commutes with no metro.
Investor: A narrow but defensible investment case anchored by capital growth, not yield. The secondary market is active and pricing has appreciated roughly 48% from the 2021 launch; the 182-unit scale limits future secondary supply. Gross rental yields of around 3.4–3.6% are modest — the PMH upper-mid tier rarely clears 4% — and the 2BR/3BR-only lineup narrows the tenant and resale buyer pool. Pink book processing is under way. Forward transit catalysts (Metro Line 4, Phu My 2 bridge) support the medium-term demand story.
| Market range | 102 triệu – 120 triệu/m² |
| Unit price | 9 tỷ – 21 tỷ |
| Rent | 22 triệu – 35 triệu/mo |
| Launch price | 75 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| T2 | 111 triệu/m² | — |
| Cardinal Court | 111 triệu/m² | 0 km |
Cardinal Court's small scale and EDGE certification provide a defensible niche in the Phú Mỹ Hưng secondary market. Limited resale inventory keeps pricing relatively stable. Rental demand tracks the broader PMH expat market but is moderated by the CBD-district location rather than a waterfront or park-adjacent setting.
| Total Units | 219 |
| Towers | 2 |
| Handover | 2023-12 |
| Legal Notes | Project handed over December 2023. Vietnamese residents hold permanent ownership; foreign nationals are eligible for 50-year leasehold. First Phú Mỹ Hưng project to achieve IFC EDGE green building certification. |
T2, Cardinal Court
A compact, exclusive community of 182 households in Phú Mỹ Hưng's International Financial and Commercial District — mixing Vietnamese professionals, finance-sector workers, and a proportion of expat residents attracted by the Phú Mỹ Hưng master-plan environment and international school access.
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