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Meyhomes Capital Phú Quốc/Tropi City/Coral Hawaii

Coral Hawaii - Meyhomes Capital Phu Quoc

Name: Coral Hawaii
Address: VN

💰 24 tỷ – 60 tỷ📏 130 triệu/m²🏢 97 units

Tropi City's branded villa enclave inside the Olive land area, comprising 130 villas across two product types — The Soul (33 standalone) and The Symphony (97 cluster duplex). Building density is held at 35%, and this is currently the only Meyhomes Capital cluster offering low-density villa product.

Domo Scores™

7.2

🏠 Homeowner

Solid

6.8

📈 Investor

Solid

Better for long-term living than for investing.

Best master-planned long-term-ownership product in southern Phú Quốc — Tropi City is already delivered and trading, and the freehold apartment angle is genuinely rare for an island resort. Main tradeoff is seasonal rental demand and a slow buildout of phases 3 and 4.

🏠 Homeowner

Value

6.5

Livability

7.3

Legal & delivery

7.3

Location & connectivity

7.6

📈 Investor

Value

6.5

Returns & exit

6.5

Legal & delivery

7.3

Location & demand

7.2

Why the scores differ

Homeowner: A solid choice for homeowners buying into Phú Quốc for lifestyle or second-home use. Tropi City is delivered with Vietnam's first Korean commercial street, a planned on-site school, and multiple clubhouses — the most complete long-term-ownership community in southern Phú Quốc. The honest tradeoff: An Thới is 18 km from Dương Đông with a single coastal access road, so this suits a seasonal or relocating buyer far better than a daily commuter.

Investor: A viable investment if the Phú Quốc tourism thesis holds and near-term catalysts execute on schedule. Tropi City shophouses have a live secondary market and operating tenants; the APEC 2027 mandate is driving airport expansion (Runway 2 months away) and the island's first LRT. The principal risk is Phú Quốc's seasonal demand pattern and the absence of any rental track record for Meypearl Harmony apartments ahead of their Q4 2027 handover.

Price & Market

Current Market Price

130 triệu/m²

Unit price

24 tỷ – 60 tỷ

•🟢 Long-term ownership across shophouses, villas, and apartments is the project's hardest moat — most island competitors are 50-year condotel.
•🟢 Tropi City handover is already underway — buyers can inspect operating shophouses, not just renderings.
•🟡 Phase 2 Crystal City pricing starts at 14.5 tỷ — entry tier rises sharply versus Phase 1, so resale of Tropi units may benefit from anchoring.
•🟡 Resale liquidity on Phú Quốc shophouses depends on tourism volumes — verify operating cash flow before paying premium.
•🔴 Oceanic City and Skypark City schedules have slipped versus original 2020 master-plan dates — buyers should not pay phase-3/4 prices on phase-1 timelines.

Is this a good deal?

Project	Price	Distance
Coral Hawaii	130 triệu/m²	—
Sun Secret Valley Phú Quốc	Higher — luxury beach villas from 40-120 M/m²	Sun Group's 103-ha resort township at Bãi Dài on the northwest coast — pure resort positioning, no urban core.
Sun Premier Village Primavera	Comparable shophouse pricing in Mediterranean theme	Sun Group's An Thới-area shophouse promenade adjacent to the Hòn Thơm cable car — directly competing for tourist foot traffic in southern Phú Quốc.
NovaWorld Phú Quốc	Cancelled / on hold — not currently a competing live product	Once-planned Novaland coastal township on the same southern Phú Quốc strip — its stall has redirected demand toward Meyhomes Capital.

Should you buy here?

Best for:

✓Second-home buyers wanting freehold beachside property in Vietnam
✓Families relocating to Phú Quốc who value an on-site school partnership and healthcare within the project
✓Lifestyle-oriented buyers prioritising beach proximity, resort amenities, and low residential density

Not ideal for:

✗Daily commuters to the mainland — every trip requires a flight or ferry
✗Buyers expecting a fully built-out neighbourhood immediately — Oceanic City and Skypark City sub-zones are still in planning

Pros & Cons

Pros

✓Long-term ownership across all product types
✓Largest urban core in An Thới, southern Phú Quốc
✓Bãi Trường beach 0.3 km away
✓On-site international school and clinic
✓Inside the new Phú Quốc Special Zone (since July 2025) — elevated land/construction autonomy and APEC 2027 host area

Cons

✗Phú Quốc rental demand is highly seasonal
✗Phases 3 and 4 still in planning
✗18 km from Dương Đông city centre
✗Single coastal-axis road access

Unit Types

4BR Villa

4 Beds · 4 Baths · 185–405 m²

24 tỷ – 50 tỷ

120 triệu/m²

Growing families

Project Details

Total Units

Legal Information

Construction Permit	Approved
Legal Notes	Mixed ownership across product types. Shophouses, townhouses, and villas in Tropi City carry long-term residential ownership (sổ hồng lâu dài). Meypearl Harmony apartments are sold under long-term residential certificates as well — unusual for an island resort context where condotels are typically 50-year. Buyers should still verify the certificate type per unit.

Amenities

👨‍👩‍👧 Family: Meyschool Doãn Thị Điểm inter-level school on-site, Lake Park and River Park playgrounds, and a polyclinic in Clubhouse Violet. The freehold ownership angle plus operating school make this the most family-credible product on the island.

🏋️ Fitness: Mey Golf driving range, marina-side sports complex with tennis and volleyball, multiple clubhouse pools and gyms, and Bãi Trường beach 0.3 km away for water sports.

🏖️ Lifestyle: Koradise Korean Street with restaurants, cafés, K-beauty retail, and a Korean cultural plaza. Eight clubhouses across the master plan provide dining, lounges, and event space, with an outdoor theatre and snow garden as signature attractions.

🛒 Convenience: Internal shuttle service, Trần Hưng Đạo coastal axis to Dương Đông, ChungHo Nais three-stage water filtration, solar power system, and on-site administrative centre. Phú Quốc International Airport is 15 km away.

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🚌 Shuttle BusShophouse Street🏍️ Motorbike Parking