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.
Happy Valley is PMH's ecological flagship in District 7 — 77% green coverage, golf-course views, and walkable FV Hospital and SSIS give it one of the strongest livability profiles in the township at below-median pricing for the upper-mid segment. The honest compromise is high ambient noise from Nguyễn Văn Linh Boulevard and below-average inter-unit sound insulation.
Homeowner: A strong homeowner choice within the Phú Mỹ Hưng township. PMH's ecological flagship delivers 77% green coverage, a 700m internal garden promenade, and walkable FV Hospital and SSIS — a combination most upper-mid peers cannot match. The main compromise is Nguyễn Văn Linh Boulevard noise and below-average inter-unit sound insulation; buyers should prioritise upper-floor garden-facing units to mitigate both.
Investor: The investment case here is income stability, not capital upside. A deep expat tenant pool — Korean, Japanese, and Western households anchored by SSIS and FV Hospital — supports consistent rental demand, but standard-unit yields of 2.5–3.5% are thin at current pricing. Premier duplex units approach 4–5% yield. VinSpeed metro and Metro Line 4 represent real but unconfirmed connectivity catalysts for this specific District 7 location.
| Market range | 80 triệu – 105 triệu/m² |
| Unit price | 7,9 tỷ – 27,9 tỷ |
| Rent | 22 triệu – 70 triệu/mo |
| Launch price | 30 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Happy Valley | 93 triệu/m² | — |
| Scenic Valley | 5-15% more expensive for comparable units; Crescent Lake-frontage inventory carries an additional premium | Same Phú Mỹ Hưng master plan and PMH developer; offers direct waterfront positioning that Happy Valley lacks |
| Masteri Thảo Điền | 15-25% more expensive for comparable 3BR floor areas | More central in Thu Duc City's Thảo Điền expat hub; stronger transit connectivity and higher secondary market liquidity, but no green space of comparable scale |
Secondary resale prices are broadly stable at ~93M/m², with the Happy Valley Premier duplex sub-zone showing modest appreciation through late 2025; near-term infrastructure catalysts are under construction or approved but carry 2028 completion horizons.
| 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, three months ahead of schedule. Pink books (sổ hồng) fully issued for all units. Vietnamese nationals hold permanent long-term ownership; foreign nationals are eligible for 50-year leasehold. Standard 2% maintenance fund applied at handover. Managed by Phú Mỹ Hưng Development Corporation. Searches conducted June 2026 found no outstanding legal disputes or certificate blocks for Happy Valley. |
Happy Valley
| CBD (peak) | 35 min |
| CBD (off-peak) | 22 min |
| Airport (peak) | 78 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 68 min |
| Long Thành (off-peak) | 56 min |
A long-established mixed community of Vietnamese upper-middle-class professionals and expatriate families — predominantly Korean, Japanese, and Western tenants drawn by the Phú Mỹ Hưng master-plan lifestyle and proximity to international schools. High owner-occupancy and an active homeowners' association maintain a well-kept environment; short-term rental activity is low relative to central-city projects.
