Explore VietnamReal Estate
Explore VietnamCông ty TNHH Phát Triển Phú Mỹ Hưng
The first and only EDGE-certified project in Phú Mỹ Hưng — green building standards for energy, water, and materials combine with an exclusive 182-unit scale and a 1,000 m² pool in the heart of the International Financial District.
Cardinal Court is an EDGE-certified green residential project by Phú Mỹ Hưng on a 10,780 m² site in the International Financial and Commercial District of Phú Mỹ Hưng, District 7. Two towers (15 and 16 floors) deliver 182 premium apartments and 37 street-level shophouses, anchored by a 1,000 m² central swimming pool and a two-floor clubhouse — the first Phú Mỹ Hưng development to receive IFC EDGE green building certification across four product categories.
Better for long-term living than for investing.
Cardinal Court is a boutique EDGE-certified project in the heart of Phú Mỹ Hưng's International Financial District — it offers an exceptional on-site amenity ratio for 182 households and the full PMH lifestyle ecosystem, at the cost of a commercially active setting with high ambient noise and no metro access in District 7.
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 |
|---|---|---|
| Cardinal Court | 111 triệu/m² | — |
| The Horizon Phú Mỹ Hưng | Similar positioning — Nordic-style, delivered the same year (2023) | Crescent Lake frontage commands a waterfront premium and drives stronger expat rental demand than the CBD-district setting of Cardinal Court |
| Midtown Phú Mỹ Hưng (The Peak / M8) | Comparable resale range in an adjacent area | Much larger scale (981 units in M8) means more secondary supply pressure; Sakura Park access is a differentiator Cardinal Court lacks |
| The Ascentia Phú Mỹ Hưng | Comparable pricing in the PMH upper-mid tier | Similar PMH address with a broader unit range — Ascentia offers 1BR units that Cardinal Court does not |
Secondary market pricing at 111M VND/m² sits slightly above the upper-mid PMH peer median, with active resale listings confirming a thin but real market; no material price movement to report in the latest snapshot period.
| Developer | Công ty TNHH Phát Triển Phú Mỹ Hưng |
| Status | Delivered 2023 |
| Total Units | 219 |
| Towers | 2 |
| Handover | 2023-12-25 |
| Construction Permit | Approved |
| Pink Book | in_progress |
| Legal Notes | Handover ceremony completed December 25–27, 2023. Vietnamese nationals hold permanent (long-term) ownership; foreign nationals eligible for 50-year leasehold per current law. First IFC EDGE-certified project in Phú Mỹ Hưng. Administrative ward updated from Tân Phú to Tân Mỹ (District 7) effective July 1, 2025 following Ho Chi Minh City ward consolidation under Resolution 1685/NQ-UBTVQH15; physical location and plot number unchanged. Pink book issuance status for individual units could not be confirmed from public sources as of May 2026; buyers should verify directly with Phú Mỹ Hưng Corporation. |
Cardinal Court
| CBD (peak) | 34 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 68 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 61 min |
| Long Thành (off-peak) | 55 min |
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.
