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Explore VietnamCông 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.
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.
Better for long-term living than for investing.
Golden King offers the address and access advantages of Phú Mỹ Hưng's commercial core — Crescent Mall on foot, FV Hospital within 1km, a dense cluster of international schools nearby — with the trade-off of an officetel format that limits outdoor living and narrows the resale buyer pool compared to standard residential apartments.
Homeowner: A reasonable choice for homeowners who want to live and work from the same address in Phú Mỹ Hưng. The location is excellent — FV Hospital and international schools within 1km, Crescent Mall on foot, SAVISTA Holdings building management — but the format is a constraint: a 0.28 ha commercial tower with no meaningful outdoor space and a noisy commercial street environment is not well-suited to families prioritizing quiet and green space.
Investor: The investment case rests on a real expat and professional tenant pool in one of HCMC's best-established international districts, with rent listings at 9–20M VND per month supporting a gross yield of roughly 5–6%. The constraint is exit: the officetel title — 50-year commercial land use, not residential — structurally narrows the resale buyer pool, and secondary prices compressed approximately 8% in recent snapshots. Decree 226/2025 has formalized officetel pink book conditions, reducing legal ambiguity; Metro Line 4 through District 7 remains a feasibility-stage catalyst only.
| Market range | 48 triệu – 72 triệu/m² |
| Unit price | 1,65 tỷ – 2,7 tỷ |
| Rent | 9 triệu – 20 triệu/mo |
| Launch price | 58 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Golden King | 60 triệu/m² | — |
| Phú Mỹ Hưng L'Arcade | 188,1 triệu/m² | 0 km |
| Cardinal Court | 147 triệu/m² | 0.2 km |
| Regency | 226 triệu/m² | 0.3 km |
| Star Hill | 94 triệu/m² | 0.3 km |
Resale prices have softened recently while the rental market remains active, with the completed Nguyễn Văn Linh underpass delivering the most tangible near-term access improvement for residents.
| Developer | Công ty CP Đầu tư Phát triển Bất động sản Đông Dương |
| Status | Delivered 2019 |
| Total Units | 372 |
| 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 multiple property portals confirm individual pink books as issued for all 372 units. A Reatimes article flagged potential legal risks — full details unverified; buyers should confirm pink book status and land-use term with the developer or a legal adviser before purchase. SAVISTA Holdings took over building management in December 2023 and is confirmed still operating the complex as of 2025–2026. Project was originally targeted for completion in 2017 but was inaugurated on October 19, 2019. |
Golden King
| CBD (peak) | 34 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 72 min |
| Airport (off-peak) | 51 min |
| Long Thành (peak) | 67 min |
| Long Thành (off-peak) | 56 min |
A mix of small business operators who use their officetel units as a combined workspace and home base, alongside yield-focused investors renting to expatriates and professionals drawn to Phú Mỹ Hưng's international environment.
