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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 Phú Mỹ Hưng's ecological flagship — 77% green coverage and a full amenity deck within the compound, while Crescent Mall, FV Hospital, and SSIS are all within walking distance, making this one of District 7's strongest owner-occupier addresses. The binding constraint is car dependency: no metro and peak-hour congestion on Nguyễn Văn Linh are structural, not temporary.
Homeowner: A strong choice for homeowners who value green space and community maturity in Phú Mỹ Hưng. The 3.4 ha site carries 77% green coverage and a rich on-site amenity deck — pool, fitness centre, yoga studio, library, and indoor children's playroom — at pricing roughly 17% below the upper-mid peer median. The trade-offs are car dependency (no metro), peak-hour traffic noise on street-facing lower floors from Nguyễn Văn Linh Boulevard, and inter-unit sound insulation that long-stay residents rate below average.
Investor: The investment case is solid but yield-constrained. An established expat tenant pool drawing on Phú Mỹ Hưng's international school corridor supports rental demand at 22–36M/month, translating to roughly 3–4% gross yield. Pink books fully issued and an active secondary market ease exit; Thủ Thiêm 4 Bridge (approved, targeting 2028) is a tangible connectivity catalyst, though District 7 remains car-dependent with no near-term metro opening.
| Market range | 76 triệu – 99 triệu/m² |
| Unit price | 7,9 tỷ – 13,38 tỷ |
| Rent | 22 triệu – 36 triệu/mo |
| Launch price | 30 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Happy Valley | 90 triệu/m² | — |
| Green Valley Phú Mỹ Hưng | Similarly priced | Same PMH township, comparable era and segment; less prominent Nguyễn Văn Linh frontage but also less ecological green-space emphasis |
| Riverpark Residence Phú Mỹ Hưng | 15–25% more expensive | Waterfront positioning along the Tẻ Canal; premium product tier within PMH with larger average unit sizes |
Secondary resale pricing is stable at 82–99M/m² across blocks, with thin listing volumes reflecting strong owner-occupancy rather than speculative churn.
| 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 May 2026 found no outstanding legal disputes or certificate blocks for Happy Valley; a separate PMH project (Hưng Phúc Premier) had a pink-book delay resolved separately and is unrelated to Happy Valley. |
Happy Valley
| CBD (peak) | 35 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 69 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 63 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 residents drawn by the Phú Mỹ Hưng township lifestyle and proximity to international schools. High owner-occupancy and an active homeowners' association maintain a well-managed environment; short-term rental activity is low relative to central-city projects.
