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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 good choice for homeowners, particularly those working in or near Phú Mỹ Hưng's financial district. Phú Mỹ Hưng Corporation delivers an exceptional amenity-to-unit ratio — a 1,000 m² pool and full-service two-floor clubhouse for just 182 apartments — alongside FV Hospital within 900 m, Crescent Mall nearby, and the Japanese School in Ho Chi Minh City. The main tradeoff is a commercial-district address: 37 ground-floor shophouses and nearby bars produce persistently high ambient noise that quieter, park-side or waterfront PMH locations avoid. Pink book processing is under way but not yet complete.
Investor: The investment case is a stable niche, not a growth bet. With only 182 units in an established PMH precinct, secondary supply pressure is naturally contained and the resale market is active. However, gross rental yields run approximately 3–3.5% at current ask prices — below what yield-seeking investors typically need — and the narrow floor-plan range (2BR/3BR only, priced 31% above the upper-mid peer median) restricts the exit buyer pool. Metro Line 4 through District 7 is the meaningful forward catalyst: if Sovico's Q1 2027 groundbreaking target holds, it would give Phú Mỹ Hưng its first metro connection and materially re-rate residential demand.
| Market range | 128 triệu – 163 triệu/m² |
| Unit price | 10,9 tỷ – 21 tỷ |
| Rent | 25 triệu – 45 triệu/mo |
| Launch price | 75 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| T1 | 147 triệu/m² | — |
| Cardinal Court | 147 triệu/m² | 0 km |
| Golden King | 60 triệu/m² | 0.2 km |
| Phú Mỹ Hưng L'Arcade | 188,1 triệu/m² | 0.2 km |
| Star Hill | 94 triệu/m² | 0.2 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. |
T1, 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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