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 good fit for homeowners who want a compact, green-certified address in the heart of Phú Mỹ Hưng. EDGE-certified towers, a 1,000 m² pool and a two-floor clubhouse for only 182 apartments, with FV Hospital and the Japanese School close by, are the draw. The trade-offs are a busy, noisy commercial setting, a car-dependent commute to District 1, and individual pink books still being processed.
Investor: A defensible niche, but the numbers are tight. Gross rental yield is only around 3-3.5% and asking prices sit at a clear premium to comparable upper-mid projects, so returns lean on continued price growth. The 182-apartment scale keeps resale supply thin, and pink books are still being processed, which buyers should verify before relying on bank financing.
| 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 | 139,5 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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