Explore VietnamReal Estate
Explore VietnamPhú Mỹ Hưng Development Corporation
1 of 1 sub-zone delivered
Phú Mỹ Hưng's ecological flagship — 77% green coverage on 3.4 ha, Malaysian landscape design, and direct views of Nam Sài Gòn Golf Course and Crescent Lake, with Crescent Mall, VivoCity, and Sài Gòn Wonderland Park at the doorstep.
Happy Valley is an ecological apartment complex developed by Phú Mỹ Hưng Corporation on Nguyễn Văn Linh Boulevard in Tân Phong Ward, District 7, with landscape design by Malaysian firm Prime Class — 77% of the 3.4-hectare site is dedicated to gardens, cascading water features, and resident amenities, facing Nam Sài Gòn Golf Course and Crescent Lake. Twelve residential blocks of 8–28 floors in a staggered arrangement for natural ventilation deliver 763 apartments across 20 unit types — from 81 m² two-bedroom units to 325 m² four-bedroom duplexes — plus 10 penthouses and 23 ground-floor shophouses. The project's ecological design philosophy and central position within the Phú Mỹ Hưng master-planned area, adjacent to Crescent Mall and Sài Gòn Wonderland Park, establishes it as one of the flagship owner-occupier addresses in the development.
Better for long-term living than for investing.
A mature, green Phú Mỹ Hưng address priced in the mid-80s to low-90s M/m² on recent resale snapshots, below the upper-mid peer level, with pink books issued and a deep expat tenant pool. The trade-offs are high road and bar noise, below-average sound insulation and car dependence, all worth testing on a viewing.
Homeowner: A strong choice for homeowners who want an established, green Phú Mỹ Hưng address. FV Hospital, Crescent Mall and SSIS are all within about 1 km, pink books are issued, and the compound has a library, yoga studio and indoor playroom. The cost is noise: the boulevard frontage and nearby bars are loud, residents rate sound insulation below average, and daily life is car-dependent.
Investor: A steady rental-and-resale case rather than a growth bet. Long-stay expat tenants and a resale market running since 2015 support liquidity, and pricing sits below the upper-mid peer level, but gross yield is only around 3.5-4% and price snapshots are thin. Metro upside in District 7 is unconfirmed, so it should not be priced in.
| Market range | 72 triệu – 118 triệu/m² |
| Unit price | 7,8 tỷ – 27,9 tỷ |
| Rent | 22 triệu – 70 triệu/mo |
| Launch price | 30 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Happy Valley | 88 triệu/m² | — |
| Scenic Valley (Phú Mỹ Hưng) | Similarly priced | Same PMH upper-mid tier with a comparable green-space focus |
| Midtown Phú Mỹ Hưng | More expensive | Newer luxury-positioned project about 1.5 km north in PMH, at a higher price per m² |
| The Horizon (Phú Mỹ Hưng) | More expensive | Boutique Crescent Lake frontage project in PMH at a higher price per m² |
The latest all-unit resale snapshot is 84M/m² (72-95M range), and only the Happy Valley Premier sub-zone shows a measurable rise, on thin data.
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | 1 of 1 delivered |
| Total Units | 763 |
| Towers | 12 |
| Launch Date | 2012 |
| Handover | 2015-09 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All 12 blocks delivered September 2015. Pink books (sổ hồng) issued for all units. Vietnamese nationals hold long-term ownership; foreign nationals are eligible for 50-year leasehold. Managed by Phú Mỹ Hưng Development Corporation. Searches in October 2026 (sổ hồng, pháp lý, tin tức) found no legal disputes or certificate blocks. |
Happy Valley
| CBD (peak) | 28 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 65 min |
| Airport (off-peak) | 48 min |
| Long Thành (peak) | 61 min |
| Long Thành (off-peak) | 57 min |
A long-established mix of Vietnamese upper-middle-class professionals and expatriate families, mainly Korean, Japanese and Western tenants drawn by Phú Mỹ Hưng and nearby international schools. Owner-occupancy is high and the compound is well maintained, though residents report below-average sound insulation.
