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Explore VietnamCông ty TNHH Liên doanh Phú Mỹ Hưng
First-generation Phú Mỹ Hưng luxury development designed by Tange International of Japan — four-block ensemble of distinctive fan-shaped towers and an enclosed curved arc wing, with 37 ground-floor shophouses and a 1,000 m² private courtyard garden, at the Kênh Đào precinct entrance
Grand View is an apartment development by Phú Mỹ Hưng Joint Venture Company at the intersection of Nguyễn Đức Cảnh, Tôn Dật Tiên, and Nguyễn Cao Nam streets within the Phú Mỹ Hưng planned township, District 7. Designed by Tange International Consultants of Japan, the project comprises 313 large 3-bedroom apartments across four blocks — two fan-shaped 16-story towers (A and B) and a paired curved 6-story arc wing (C and D) that encloses a 1,000 m² landscaped courtyard garden. It was among the first premium residential completions within the Kênh Đào precinct of Phú Mỹ Hưng.
Better for long-term living than for investing.
Grand View is a first-generation Phú Mỹ Hưng landmark with Saigon South International School next door, all pink books issued, and large 3BR apartments priced at a value-tier discount — a clear trade where location and space win over newness, best suited to families and PMH-embedded expats who can absorb a renovation budget.
Homeowner: A solid choice for homeowners who prioritize location and space over newness. Saigon South International School is next door, FV Hospital is a short drive at 1.4km, and Crescent Mall is walkable — PMH's engineered infrastructure removes the flood risk that affects lower-lying District 7 addresses. The honest cost is a 20-year-old build with aged mechanical systems and persistent street noise from the three-boulevard junction; buyers should budget for renovation before occupation.
Investor: A functional resale market and real PMH expat-and-professional tenant demand provide the investment floor. The structural challenge is thin gross rental yield of roughly 2-3%, as large 3BR units at current prices leave little room for income return — newer PMH stock consistently wins tenant preference on finishes. Infrastructure catalysts including the Nguyễn Khoái Bridge (targeted Q2/2028) and VinSpeed Phase 2 stations near Phú Mỹ Hưng could support capital values; the investment thesis here is appreciation-driven, not yield-driven.
| Market range | 94 triệu – 106 triệu/m² |
| Unit price | 11,2 tỷ – 15 tỷ |
| Rent | 20 triệu – 40 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Grand View | 100 triệu/m² | — |
| Mỹ Phúc | 50 triệu/m² | 0.2 km |
| Garden Plaza 1 | 130 triệu/m² | 0.2 km |
| Panorama | 120 triệu/m² | 0.3 km |
| Garden Plaza 2 | 123,5 triệu/m² | 0.4 km |
| Developer | Công ty TNHH Liên doanh Phú Mỹ Hưng |
| Status | Delivered 2006 |
| Completion | 2006 |
| Total Units | 350 |
| Towers | 4 |
| Handover | 2006-12 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All 313 residential units carry individual permanent-ownership pink books (sổ hồng sở hữu lâu dài). Developer: Phú Mỹ Hưng Joint Venture Company (joint venture between Taiwan's CT&D Group and Vietnam's IPC under HCMC People's Committee). Construction permit approved; construction started January 2004, completed December 2006. August 2026 re-check of active resale listings and legal news sources found no new legal issues, disputes, or pink-book complications. |
Grand View
| Airport (peak) | 79 min |
| Airport (off-peak) | 54 min |
| Long Thành (peak) | 69 min |
| Long Thành (off-peak) | 57 min |
| CBD (peak) | 37 min |
| CBD (off-peak) | 23 min |
One of the earliest premium communities within Phú Mỹ Hưng, Grand View has developed a settled long-term resident profile since its 2006 completion. The mix includes Vietnamese professional families, Korean and Japanese expatriate households, and long-staying international residents drawn to the established PMH environment. The large 3-bedroom-only layout attracts families with children and professionals needing dedicated home-office space.
