Công ty CP Đầu tư Phát triển Bất động sản Đông Dương
The only Savills-managed officetel tower in Phú Mỹ Hưng's commercial core, with dual-use units from 31 m².
💰 1,65 tỷ – 4,2 tỷ📏 60 triệu/m²🏗️ Delivered 2019🏢 372 units
Golden King is a 21-story mixed-use officetel tower at 15 Nguyễn Lương Bằng in the heart of Phú Mỹ Hưng, District 7, developed by Đông Dương Real Estate Development. The building delivers 372 dual-use officetel units across floors 6–21, ranging from 31 to 253 m², atop five floors of commercial and retail space. Professional building operations are managed by SAVISTA Holdings.
Project news
SAVISTA Holdings takes over Golden King building management, replacing prior arrangement
Legal · Dec 2023 · savista.com.vn
Neighborhood
87*
Family Score
Excellent
Family appeal is strong. The Japanese School in Ho Chi Minh City is about 700 m away and Kids Club Saigon, one of HCMC's top preschools, is within 400 m, though the tower itself has no outdoor play space.
94
Leisure Score
Excellent
Leisure options are deep and mostly walkable. The five-floor Golden King Commercial Center is on-site, Crescent Mall is about 590 m away, and cafés and casual dining cluster within a few minutes' walk.
86
Convenience
Excellent
Daily errands are easy to handle on foot. Banks and everyday convenience stores sit within about 500 m, with the building's own commercial center and a nearby supermarket covering routine shopping.
76
Health
Good
Medical access is good for both routine and specialist care. FV Hospital is about 0.9 km away, and small clinics, eye and dental specialists and pharmacies sit within roughly 500 m.
87
Transit Access
Excellent
A bus stop is about 180 m away and another near Crescent Mall about 550 m, while the nearest metro station, Ben Thanh, is 7.3 km away.
93
Commute Ease
Excellent
35 min to Q1 Bến Thành via 102. 10 min walk to bus stop.
9
Nightlife
Below Avg
There is no dedicated nightlife district here. Evenings are shaped by a commercial and residential setting rather than a bar or club scene.
36
Quietness
Below Avg
Quietness is only fair. Area noise is rated moderate, but pubs and karaoke venues within about 1 km and activity around the building's retail podium keep ambient noise up.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.4
🏠 Homeowner
Solid
7.2
📈 Investor
Solid
Balanced for both homeowners and investors.
A walkable, amenity-dense officetel in Phú Mỹ Hưng's commercial core with pink books reported issued and pricing around 60M/m², slightly under peers. The tradeoff is a 50-year commercial land-use term, a compact site with little green space and no metro nearby, all worth checking before buying.
🏠 Homeowner
Value
7.3
Livability
7.1
Legal & delivery
8.7
Location & connectivity
7
📈 Investor
Value
7.3
Returns & exit
7
Legal & delivery
8.7
Location & demand
6.5
Why the scores differ
Homeowner: A solid choice for homeowners who want a walkable, amenity-dense base in Phú Mỹ Hưng. The building carries its own five-floor commercial podium, Crescent Mall and FV Hospital are close, and pink books are reported issued. The tradeoffs are a compact site with little green space, a noisier commercial setting, and a 50-year commercial land-use term.
Investor: A reasonable rental play rather than a growth story. The expatriate and professional tenant pool in Phú Mỹ Hưng supports an indicative yield of roughly 4-5%, but the officetel title narrows resale demand and the latest resale readings are thin. Treat the roughly 60M/m² typical as the reference and verify closed comparables.
Price & Market
Current Market Price
60 triệu/m²
📈+3% since launch
Market range
48 triệu – 72 triệu/m²
Unit price
1,65 tỷ – 4,2 tỷ
Rent
9 triệu – 20 triệu/mo
Launch price
58 triệu/m²
Est. Rental Yield5.9%
•🟢 Delivered in 2019 with pink books reported issued and professional management since December 2023, so the main legal risk is the land-use term, not delivery
•🟢 The Nguyễn Văn Linh – Nguyễn Hữu Thọ underpass has been open since January 2025, easing the northbound commute, with a Phase 2 flyover targeted for 2028
•🟡 Typical resale around 60M/m² is slightly under the 65M/m² mid-segment peer median, but officetel title limits how much of that gap is a true discount
•🟡 CBRE (May 2026) reports former-HCMC condominium secondary prices averaging about 67M/m², up 32.3% year on year; this is a condominium benchmark, not an officetel one, so it frames context rather than a Golden King forecast
•🔴 Metro Line 4 is only at feasibility study stage with no confirmed station near Phú Mỹ Hưng, so rail access is not a near-term catalyst
Last updated: October 2026
Is this a good deal?
🟢 ~63% cheaper than comparable projects
Project
Price
Distance
Golden King
60 triệu/m²
—
Phú Mỹ Hưng L'Arcade
188,1 triệu/m²
0 km
Cardinal Court
139,5 triệu/m²
0.2 km
Regency
226 triệu/m²
0.3 km
Star Hill
94 triệu/m²
0.3 km
Should you buy here?
Best for:
✓Business owners wanting a combined office and living base in Phú Mỹ Hưng
✓Singles and couples who prefer a walkable, amenity-dense setting over green space
Not ideal for:
✗Buyers who need a long-term residential land title
✗Households that prioritise a quiet environment and on-site outdoor space
Market Trends
Resale is anchored around 60M/m²; the latest 67-70M/m² snapshot is low-confidence and not yet a confirmed re-pricing.
Decision Factors
Strengths
✓Prime corner in Phú Mỹ Hưng's commercial core, with Crescent Mall about 590 m, FV Hospital about 0.9 km and the Japanese School about 0.7 km away
✓Delivered in 2019 with pink books reported issued for all 372 units and SAVISTA Holdings managing the building since December 2023
✓Five-floor commercial podium inside the building plus flexible 31-253 m² dual-use units
✓Typical resale around 60M/m² sits slightly below the mid-segment peer median of 65M/m²
Tradeoffs
!Officetel units sit on a 50-year commercial land-use term rather than long-term residential title, which narrows the resale buyer pool
!Compact single-tower 0.28 ha site with minimal green space, and activity around the retail podium and nearby venues keeps noise moderate
!No metro within walking distance; Ben Thanh Station is about 7.3 km away and the bus takes about 35 minutes to Q1
Watch items
?Confirm each unit's pink book and remaining land-use term with the developer or a legal adviser; Decree 226/2025/NĐ-CP clarifies officetel conditions, and the portals' reports of issued pink books should be checked against the title itself
?Resale readings are thin and low-confidence: the latest 67-70M/m² snapshot sits above the roughly 60M/m² typical, so check closed comparables before negotiating
?Metro Line 4 is only at feasibility study stage with no confirmed station near Phú Mỹ Hưng, so rail access should not be priced in
Project Details
Developer
Công ty CP Đầu tư Phát triển Bất động sản Đông Dương
Status
Delivered 2019
Total Units
372
Legal Information
Handover
2019
Construction Permit
Approved
Pink Book
Issued
Legal Notes
Officetel units hold commercial land-use title with a 50-year term (not long-term residential). Decree 226/2025/NĐ-CP formally clarifies conditions for officetel pink book issuance. Broker listings and property portals (re-checked Oct 2026) continue to show individual pink books as issued for all 372 units; no new legal disputes found. SAVISTA Holdings has managed the building since December 2023. Inaugurated October 19, 2019 versus the original 2017 target. Buyers should confirm pink book status and land-use term with the developer or a legal adviser before purchase.
Amenities
👨👩👧Family: The compact site has no dedicated outdoor family space; residents draw on Phú Mỹ Hưng's broader park and international school network rather than on-site facilities.
🏋️Fitness: On-site fitness center and sauna serve residents. Standard for an officetel building of this scale in District 7.
🏖️Lifestyle: Five floors of retail and commercial space within the building handle daily convenience, while Crescent Mall and SC VivoCity are within walking distance on Nguyễn Lương Bằng.
🛒Convenience: Smart card-access basement parking accommodates both cars and motorbikes. Business meeting rooms are distributed across residential floors, a practical feature for officetel tenants running small operations.
🔇 Moderate Noise🌊 Moderate Flood🛣️ Not Near Highway
A mix of small business operators running office functions from their officetel units and investors renting to expatriates and professionals drawn to Phú Mỹ Hưng's international environment.
Five-floor retail and commercial center occupying the building's podium along Nguyễn Lương Bằng. For a 0.28 ha officetel tower, a full commercial base of this depth is uncommon and provides built-in dining, retail, and services for residents and tenants without leaving the building.
Projects by Developer
Golden King
Growth Catalysts
🚀HCMC Metro Line 4 feasibility study launched — 47 km route through District 7 toward Nhà Bè
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This area scores 94 for Leisure Score · 87 for Family Score
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