VI
🏗
Delivered 2006

Grand View - Premium Apartments in Phú Mỹ Hưng, District 7

Công 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

💰 10,7 tỷ – 15 tỷ📏 98 triệu/m²🏗️ Delivered 2006🏢 350 units

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.

Area news

HCMC new land price table takes effect January 2026, raising the taxable base for property transactions citywide
Policy · Jan 2026 · hdnd.hochiminhcity.gov.vn

Neighborhood

88*
Family Score
Excellent
Family appeal is strong. Saigon South International School (SSIS), one of HCMC's top private primary schools, is next door, and the internal courtyard garden gives children green space inside the project.
95
Leisure Score
Excellent
Dining and leisure options are deep. Neighborhood restaurants and cafés cluster within a few hundred metres, and Crescent Mall is nearby, about 1.1 km away, for larger outings.
84
Convenience
Excellent
Daily errands are easy to cover. A ground-floor retail arcade sits within the development, backed by Aeon Citimart about 200 m away, so routine shopping rarely needs a car.
80
Health
Excellent
Medical access is strong for routine and specialist care. FV Hospital is nearby, about 1.4 km away, while pharmacies and small clinics sit within a few hundred metres.
73
Transit Access
Good
A bus stop is about 260 m away, while the nearest metro station, Ben Thanh, is 6.9 km away.
83
Commute Ease
Excellent
40 min to Q1 Bến Thành via 102. 11 min walk to bus stop.
19
Nightlife
Below Avg
Nightlife is largely absent. There is no dedicated bar or club district in walking range, and evenings are residential, centred on neighborhood restaurants rather than late-night venues.
19
Quietness
Below Avg
Noise is a clear weakness here. Ambient noise is rated high, with several local bars and late-night restaurants within a few hundred metres and busy junction traffic at school drop-off times.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.7
🏠 Homeowner
Good
7.5
📈 Investor
Good

Balanced for both homeowners and investors.

Grand View is a mature 313-unit Phú Mỹ Hưng complex best matched to homeowners wanting large 3BR space, with pink books fully issued and Saigon South International School next door. The clear trade-offs are high evening noise, a 2006 build with ageing finishes, and a gross rental yield near 3%.

🏠 Homeowner
Value
7.4
Livability
7.3
Legal & delivery
8.7
Location & connectivity
7.7
📈 Investor
Value
7.4
Returns & exit
6.9
Legal & delivery
8.7
Location & demand
7.7
Why the scores differ

Homeowner: A solid choice for homeowners wanting large, established family space. Saigon South International School is next door, FV Hospital is about 1.4 km away, and pink books are fully issued. The trade-offs are high ambient noise and a 2006 building with ageing finishes.

Investor: A liquidity-and-stability case rather than a yield play. Clean legal title and a steady expat and family tenant pool support exit, and pricing sits below the upper-mid peer level, but rents of 23-45 million VND/month on roughly 12 billion VND units keep gross yield near 3%.

Price & Market

Current Market Price
98 triệu/m²
Market range91 triệu – 106 triệu/m²
Unit price10,7 tỷ – 15 tỷ
Rent20 triệu – 40 triệu/mo
Est. Rental Yield2.8%
  • •🟢 Pink books are issued for all 313 units and the building has been handed over since 2006, so title and delivery risk are minimal
  • •🟢 Resale around 98 million VND/m² sits about 11% below the upper-mid peer median of 110 million VND/m² across 41 peer projects
  • •🟡 Four forward transit catalysts are registered, including VinSpeed metro targeted for end-2028 and Phú Mỹ 2 Bridge through 2029, but Metro Line 7 remains planned only
  • •🟡 CBRE reports HCMC condo secondary prices up 32.3% year on year in Q1 2026, a citywide backdrop that Grand View's recent snapshots (98 million VND/m², down about 3% for 3BR) have not mirrored
  • •🔴 Gross rental yield near 3% sits below the 4% threshold, against floating mortgage rates of 12-15% reported by CBRE for Q1 2026
Last updated: October 2026

Is this a good deal?

🟢 ~8% cheaper than comparable projects
Project Price Distance
Grand View 98 triệu/m² —
Mỹ Phúc 50 triệu/m² 0.2 km
Garden Plaza 1 130 triệu/m² 0.2 km
Panorama 127 triệu/m² 0.3 km
Garden Plaza 2 118,3 triệu/m² 0.4 km

Should you buy here?

Best for:
  • ✓Families wanting large 3BR apartments in established Phú Mỹ Hưng
  • ✓Expat households with children at Saigon South International School
  • ✓Long-term homeowners who value space and a mature community
Not ideal for:
  • ✗Noise-sensitive residents
  • ✗Buyers wanting modern finishes and new-build amenities

Decision Factors

Strengths

  • ✓Pink books issued for all 313 units; the October 2026 legal re-check found no new disputes
  • ✓Saigon South International School next door and FV Hospital about 1.4 km away anchor family and expat demand
  • ✓Large 3BR units of 115-192 m² around a 1,000 m² courtyard garden, with pool and gym
  • ✓Resale around 98 million VND/m², about 11% below the upper-mid peer median

Tradeoffs

  • !High ambient noise from nearby bars and restaurants, plus peak-hour congestion at the three-way entrance junction
  • !3BR-only format means roughly 12 billion VND entry tickets and a narrower buyer pool
  • !No metro today; the Q1 commute is about 40 minutes by bus

Watch items

  • ?Inspect the 2006 building's finishes, elevators and mechanical systems, and budget for renovation
  • ?Rents of 23-45 million VND/month imply gross yield near 3%; verify achievable rent for the specific unit before relying on income
  • ?Metro Line 7 along Tôn Dật Tiên is still at planning and route-approval stage with no confirmed construction start; do not price it in

Unit Types

Apartments

3BR
3 Beds · 2 Baths · 115–192 m²
10,7 tỷ – 15 tỷ
98 triệu/m²
Rent: 20 triệu - 40 triệu/mo
Growing families

Shophouses

Shophouse
0 Beds · 1 Baths · 53–196 m²
Under review
≈ 5,19 tỷ – 19,21 tỷ est.
98 triệu/m²
Singles & couples

Project Details

DeveloperCông ty TNHH Liên doanh Phú Mỹ Hưng
StatusDelivered 2006
Completion2006
Total Units350
Towers4

Amenities

👨‍👩‍👧 Family: Children's pool and playground within the development. Đinh Thiện Lý School is directly across from the project on Nguyễn Đức Cảnh. Saigon South International School (SSIS) is within the wider PMH precinct. FV Hospital is approximately 3 km away.
🏋️ Fitness: Adult pool (132 m²) and dedicated children's pool (28 m²) at podium level, alongside a 75 m² fitness center serving all four blocks. The open-air elevators on the exterior of the fan-shaped Blocks A and B provide a scenic vertical circulation route unique to the Tange International design.
🏖️ Lifestyle: 37 ground-floor shophouses (53–196 m²) create a built-in commercial arcade for daily retail, F&B, and services. Crescent Mall is under 15 minutes on foot along Tôn Dật Tiên. SC VivoCity is accessible in under 10 minutes by car. Kênh Đào Park runs adjacent to the site along the canal frontage.
🛒 Convenience: Dedicated car and motorbike parking for all units. 24-hour security at all access points. Six elevators — including three open-air elevators in the fan-shaped towers — serve the four blocks. Building management by Phú Mỹ Hưng Joint Venture Company.
🏊 Pool🌳 Garden👶 Kids Pool🧒 Play Area🔒 Security🅿️ Car Parking🏋️ GymShophouse Street🏍️ Motorbike Parking

Location & Commute

Grand View

50 min
Tân Sơn Nhất Airport
59 min
Long Thành Airport
23 min
District 1 CBD
Airport (peak)66 min
Airport (off-peak)50 min
Long Thành (peak)63 min
Long Thành (off-peak)59 min
CBD (peak)30 min
CBD (off-peak)23 min
🚇
Metro
Ben Thanh Station
6.9km
🛍️
Mall
Crescent Mall
Nearby
🛒
Supermarket
On-site supermarket
Within development
🏫
Schools
Saigon South International School (SSIS)
Next door
🏥
Hospitals
FV Hospital
Nearby
🌳
Park
Internal Courtyard Garden
Within development
Major Roads
Nguyễn Đức Cảnh Boulevard — the project's primary frontage, a wide tree-lined avenue running through the Kênh Đào precinct of Phú Mỹ HưngTôn Dật Tiên Boulevard — forms the southern boundary of the site, linking the project toward Crescent Mall and SC VivoCity along the PMH commercial ringNguyễn Văn Linh Parkway — the main east-west arterial for District 7, accessible within 10 minutes via internal PMH roads
🔇 High Noise🌊 Moderate Flood🛣️ Not Near Highway

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.

Things to consider (not deal breakers)
⚠️ Traffic
The three-way junction of Nguyễn Đức Cảnh, Tôn Dật Tiên, and Nguyễn Cao Nam at the project entrance ...
The three-way junction of Nguyễn Đức Cảnh, Tôn Dật Tiên, and Nguyễn Cao Nam at the project entrance concentrates vehicle movements during peak hours, particularly school drop-off times given the adjacent Đinh Thiện Lý School. Inside the Phú Mỹ Hưng precinct, the grid of wide boulevards generally manages local traffic well.
→ PMH's internal boulevard network — including Nguyễn Cao Nam and parallel laneways — distributes traffic across multiple routes, reducing dependence on any single junction. The quieter Kênh Đào precinct generally sees less congestion than the busier Nguyễn Lương Bằng corridor.
🌊 Flood Risk
Phú Mỹ Hưng was developed on elevated and purpose-engineered ground with a dedicated drainage system...
Phú Mỹ Hưng was developed on elevated and purpose-engineered ground with a dedicated drainage system. Grand View's central PMH location benefits from this infrastructure and is significantly less flood-prone than lower-lying parts of District 7.
→ PMH's engineered drainage and elevated site levels have historically protected this zone from the flooding common in lower-lying District 7 areas.

Sub-zones

🏢
A Apartment
0 listings
11,5 tỷ - 12,5 tỷ
97,5 triệu - 105,9 triệu/m²
🏢
B Apartment
0 listings
10,7 tỷ - 12 tỷ
90,7 triệu - 101,7 triệu/m²
🏢
C Apartment
0 listings
10,7 tỷ - 15 tỷ
91 triệu - 106 triệu/m²
🏢
D Apartment
0 listings
15 tỷ
100,7 triệu/m²

Notable Places

Ground-Floor Retail Arcade
A strip of 37 shophouses (53–196 m²) occupying the full ground floor of the development, creating a self-contained commercial arcade for retail, F&B, and services. Thirty-seven commercial units within a single 313-apartment residential complex is an unusually high ratio, making Grand View largely independent for everyday convenience without leaving the precinct.
Internal Courtyard Garden
A 1,000 m² enclosed landscaped garden at the heart of the curved C-D wing, designed as a sheltered green retreat visible from apartment balconies in both arc blocks. The full enclosure by a curved low-rise wing — rather than open podium landscaping — is a defining feature of Tange International's design intent for the project.
Residents' Pool Deck
Dual pool facility comprising an adult lap pool (132 m²) and a dedicated children's pool (28 m²). The combined 160 m² of pool water surface is notably generous for a 313-unit project and is positioned at podium level alongside the recreational garden and bar service area.

Projects by Developer

  • Mỹ Phú 1
  • Nam Quang 1
  • Mỹ Phú 2
  • Nam Thông 2
  • Mỹ Khánh 1
  • Nam Viên
  • Mỹ Hoàng
  • Nam Quang 2
  • Nam Thông 3
  • Mỹ Quang

Growth Catalysts

  • 🚧Nguyễn Khoái Bridge-Road: HCMC orders urgent consolidation of 8 fragmented tender packages to protect Q2/2028 target (2028)
  • 🚧Thu Thiem 4 Bridge: construction start now reported for Q3–Q4/2026, completion targeted Q4/2028 (2028)
  • 🚧VinSpeed Bến Thành–Cần Giờ metro: under construction since Dec 2025, commercial operation targeted end-2028 (2028)
  • 🚧Phú Mỹ 2 Bridge broke ground January 2026, linking Nhà Bè to Nhơn Trạch and supporting Long Thanh Airport access (2029)
  • 🚀HCMC Metro Line 7 route updated: 34 stations now routed through new Thu Thiem administrative center (2030)
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This area scores 95 for Leisure Score · 88 for Family Score

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