Selling

Elyse Island — Island Villas Dai Phuoc by Nam Long

Name: Elyse Island
Address: VN

Nam Long Group (NLG), Nishi-Nippon Railroad (Japan)

Under construction · Developer selling

Only island villa community within 45 min of HCMC — 3-side river frontage, Marina Club with yacht pier, Vietnam's first Onsen Spa with 5 types of Japanese mineral stones, freehold ownership, 20 min to Long Thành Airport.

🏗️ Construction · 2027🏢 703 units

45-hectare island villa community by Nam Long and Nishi-Nippon Railroad on Đại Phước Island, Đồng Nai. 703 villas across 4 zones, Mediterranean design, Japanese construction standards by RICONS. Marina Club, Onsen Spa with Japanese mineral stones, 1.5km riverfront promenade. Phase 1 (333 units) launched Dec 2025, handover Nov 2027.

News & Updates

Đồng Nai Provincial Council approved upgrading Nhơn Trạch communes to urban wards — key step toward city status, 4 years ahead of 2030 target

Policy · Apr 2026 · nhontrach.dongnai.gov.vn

Ring Road 3 HCMC (76km) targeting full completion by June 30, 2026 — multiple sections already operational

Infrastructure · Apr 2026 · plo.vn

Cát Lái Bridge broke ground Jan 2026 — endpoint directly at Đại Phước, game-changer for Elyse Island access

Infrastructure · Apr 2026 · dantri.com.vn

Long Thành Airport received first commercial flight December 19, 2025 — full Phase 1 operations targeting June 2026

Infrastructure · Apr 2026 · baochinhphu.vn

Nhơn Trạch Bridge (2.5km, 6 lanes) opened August 20, 2025 — ahead of schedule, largest bridge on Ring Road 3

Infrastructure · Apr 2026 · special.nhandan.vn

Show all 18 updates

Quick Verdict

6.9

🏠 End-user

Solid

6.3

📈 Investor

Mixed

Better for long-term living than for investing.

Best island villa value near HCMC — freehold at 120-165M/m², now with three major infrastructure catalysts realized (airport, bridge, ring road). Tradeoff: still an isolated island requiring 60-90 min peak commute to D1, and no resale/rental market yet to validate pricing.

Is this a good deal?

Project	Price	Distance
Aqua City (Novaland)	80-150 million/m²	Same Nhơn Trạch area, 1,000ha. Legal issues now fully resolved (June 2025), pink books being issued to 700+ residents in 2026. Larger scale but years of delays damaged buyer confidence.
Vinhomes Grand Park (villas)	200-400 million/m²	Across river in HCMC Thủ Đức, full Vingroup ecosystem. 2x the price but far better infrastructure, services, and proven resale market.
Swan Bay (Đại Phước)	45-60 million/m²	Same Đại Phước Island by CFLD/SwanCity. Significantly cheaper but smaller units and lower-end positioning. Less developer track record in Vietnam.

Score Breakdown

🏠 End-user

Risks

5.5

Value for money

8

Livability & family fit

7

Location & connectivity

5.8

Legal confidence

6.5

Quality & amenities

8.2

Why the scores differ

End-user: Mixed project (6.0-6.9 range). Excellent internal amenities and strong value vs HCMC villas, but the island isolation, 60-90 min peak commute to D1, single bridge access, and lack of surrounding urban services create meaningful daily-life tradeoffs that limit broad appeal. Suitable for specific buyer profiles — not a general recommendation.

Investor: Mixed project (6.0-6.9 range). Attractive entry pricing at 40-50% below comparable HCMC villas and real infrastructure catalysts (Long Thành Airport, Ring Road 3), but weak rental case for island villas at 20.5B+ entry, narrow buyer pool limiting liquidity, and speculative dependence on Nhơn Trạch urbanization. Best as a long-term hold (5+ years), not a short-term play.

Should you buy here?

Best for:

✓Families wanting island villa lifestyle within 45 min of HCMC who don't commute daily to D1
✓Long Thành Airport workers — 20 min door-to-terminal is a strong daily commute
✓Second-home buyers with 20B+ budget seeking weekend resort-style retreat
✓Buyers who prioritize green space, privacy, and unique amenities over urban convenience

Not ideal for:

✗Daily HCMC commuters to District 1 — 60-90 min peak each way is unsustainable long-term
✗Families needing schools and hospitals now — K-12 school is only planned, hospital is district-level
✗Anyone requiring urban convenience, retail, and services in their immediate surroundings
✗Buyers on tight timelines — project not delivered until Nov 2027

Pros & Cons

Pros

✓3-side river island, 45ha, rare position
✓Nam Long + Nishi-Nippon + RICONS combo
✓Freehold, 33% density, 65% greenery
✓20 min to Long Thành Airport
✓Onsen Spa + Marina Club, unique amenities
✓40-50% below comparable HCMC villa prices

Cons

✗60-90 min peak drive to District 1
✗Island with limited direct access points
✗Đồng Nai province, sparse urban services
✗Entry from 20.5B — narrow buyer pool
✗Moderate flood risk, 3-side river exposure

Unit Types

Garden Grand Villa

3 Beds · 3 Baths · 280–320 m²

14,5 tỷ - 18,6 tỷ

Growing families

Semi-detached Villa

3 Beds · 3 Baths · 174–200 m²

22 tỷ - 28 tỷ

Growing families

Garden Villa (Semi-detached)

4 Beds · 4 Baths · 167–200 m²

20,5 tỷ - 28 tỷ

Growing families

Park Villa (Detached)

4 Beds · 4 Baths · 400–475 m²

48,5 tỷ - 69 tỷ

Growing families

Single Villa

4 Beds · 4 Baths · 400–500 m²

50 tỷ - 70 tỷ

Growing families

Grand Villa (Riverfront)

5 Beds · 5 Baths · 409–600 m²

60 tỷ - 98 tỷ

Growing families

Project Details

Developer	Nam Long Group (NLG), Nishi-Nippon Railroad (Japan)
Construction	Construction
Completion	2027
Total Units	703

Legal Information

Launch Date	2025-12
Handover	2027-11
Construction Permit	approved
Pink Book	not_issued
Pink Book %	0%
Legal Notes	Freehold permanent ownership for Vietnamese, 50-year lease for foreigners. Environmental permit (March 2025), fire safety cert (March 2025), construction license (June 2025), official construction dispatch (Jan 2026). Bank financing via Vietcombank, Vietinbank, BIDV, OCB — up to 70% LTV, 25-year terms. 24-month installment, 0% interest.

Amenities

👨‍👩‍👧 Family: Integrated K-12 school planned within the project. Botanic Park with Japanese garden. Children's play areas throughout. 1.5km riverside promenade for family walks. Internal canal system with landscaped banks. Jeongsan Country Club (18-hole golf) nearby.

🏋️ Fitness: Elyse Clubhouse (2 hectares): 50m infinity pool, gym, spa, yoga area, outdoor fitness stations. Tennis courts. 5km internal running track. 1.5km riverside promenade for jogging and cycling.

🏖️ Lifestyle: Marina Club with yacht pier on the Dong Nai River — private boat access to central Saigon via waterway. Onsen Spa with 5 types of Japanese mineral stones (Koumei, Tensho, Black Silica, Otohime, Magma Fuji Lava) — first of its kind in Vietnam. Fine dining riverside restaurant. Mediterranean architecture throughout.

🛒 Convenience: 24/7 security. Covered parking per villa. BBQ and picnic areas. Planned retail boulevard and supermarket. Bank financing via Vietcombank, Vietinbank, BIDV, OCB — up to 70% LTV.

🏊 Pool🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🏛️ Clubhouse🅿️ Car Parking🎾 Tennis CourtShophouse Street🏍️ Motorbike Parking

Location & Commute

Elyse Island

35-45 min

CBD

20 min

Airport

CBD (peak)	60-90 min via Long Thành Expressway or Ring Road 3
CBD (off-peak)	35-45 min
CBD (motorbike)	45-60 min
Airport (peak)	25-35 min to Long Thành Airport
Airport (off-peak)	20-25 min

🚇

Metro

15 km

🛍️

Mall

Vincom Mega Mall Gra… 8km

🏫

Schools

1 nearby

🏥

Hospitals

1 nearby

Major Roads

Long Thành - Dầu Giây ExpresswayRing Road 3Bến Lức - Long Thành ExpresswayCát Lái BridgeNhơn Trạch Bridge

🔇 Low Noise🌊 Moderate Flood✈️ No Flight Path🛣️ Not Near Highway🏠 Low Airbnb

Affluent Vietnamese families seeking weekend homes or permanent island living. Long Thành Airport staff wanting nearby upscale housing. Some expat interest for resort-style retreats near HCMC. Low noise environment, no flight path, no highway proximity. Gated community with 24/7 security.

🏫 International Schools

•Integrated school (K-12) planned within the project

🏥 Hospitals

•Nhơn Trạch District Hospital (~5 km)

Things to consider (not deal breakers)

⚠️ Traffic

Island access via dedicated bridge from Nhơn Trạch mainland. Nhơn Trạch Bridge (Ring Road 3) operati...

Island access via dedicated bridge from Nhơn Trạch mainland. Nhơn Trạch Bridge (Ring Road 3) operational, adding a major HCMC-Nhơn Trạch corridor via Thủ Đức. Local Nhơn Trạch roads can be narrow and congested during rush hours.

→ Nhơn Trạch Bridge (4-lane, part of Ring Road 3) operational — provides second major route connecting Nhơn Trạch to HCMC via Thủ Đức. Ring Road 3 full 92km completion and Bến Lức-Long Thành Expressway further improve regional connectivity.

🌊 Flood Risk

Island surrounded by Dong Nai River on 3 sides — moderate risk during extreme weather. Project eleva...

Island surrounded by Dong Nai River on 3 sides — moderate risk during extreme weather. Project elevated at +2.5m above river level with internal drainage system. Common risk profile for riverside projects in the area.

→ Project elevated +2.5m above river level with engineered drainage system. Nam Long has waterfront development experience (Waterpoint, Akari City). Internal infrastructure substantially complete.

🚧 Construction

Near active construction sites