Explore VietnamReal Estate
Explore Vietnam
Delivered 2017
Sapphire Vietnam JSC
One of HCMC's last major Saigon River–front villa compounds — 29 exclusive villas on 2.7 ha with 200m+ of waterfront, SCDA Architects design, and a private marina
Holm Residences is an ultra-luxury waterfront villa compound by Sapphire Vietnam JSC (Sakkara Group, Australia) on the Thảo Điền peninsula, occupying 2.7 hectares with over 200 metres of Saigon River frontage. The 29-villa development — designed by award-winning SCDA Architects (Singapore) — is one of the last significant riverfront residential estates in Ho Chi Minh City, offering three distinctly marketed villa types across a strictly gated, single-entry compound with resort-class communal facilities.
Better for long-term living than for investing.
HCMC's most exclusive riverfront villa compound — SCDA-designed, with 200m+ of Saigon River frontage and only 29 villas. Structurally illiquid, but unmatched for buyers who value absolute privacy and direct river access in the city.
Homeowner: A strong choice for homeowners at the top of the market. The compound delivers resort-calibre amenities that very few residential addresses in HCMC can match — private marina, 25m saltwater pool, river promenade — in a gated setting with only 29 households and fully issued pink books. The Thảo Điền location puts an outstanding international school cluster (AHS and BVIS within 630m) within walking distance. The honest tradeoffs: Sakkara/Sapphire Vietnam is not a tier-1 developer name; Nguyễn Văn Hưởng is a narrow access road with peak-hour delays; and nearby nightlife venues keep area ambient noise elevated.
Investor: The investment case rests on capital preservation via land scarcity, not income yield. With only 29 villas on the last significant riverfront plot in Thảo Điền, resale supply is structurally constrained — but implied gross yields of 1–3% on secondary-market prices make this a lifestyle hold rather than an income asset. The tenant pool is real (senior expats and ultra-HNW Vietnamese), Metro Line 1 is now operational, and the An Phú Interchange is nearly complete. Exit liquidity, however, is limited: transaction frequency is very low and foreign investors face a 50-year leasehold ceiling.
| Unit price | 50 tỷ – 280 tỷ |
| Rent | 150 triệu – 325 triệu/mo |
| Launch price | 130 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Tropic Garden | 70 triệu/m² | 0.6 km |
| River Garden | 99 triệu/m² | 0.6 km |
Riverfront villa prices in Thảo Điền have appreciated steadily as the peninsula's land bank is exhausted — no comparable new compound can be built at this address, making each resale a structurally scarce event.
| Developer | Sapphire Vietnam JSC |
| Status | Delivered 2017 |
| Total Units | 29 |
| Launch Date | 2015 |
| Handover | 2017-Q2 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All 29 villas hold sổ hồng with permanent freehold ownership for Vietnamese nationals. Foreign buyers are restricted to 50-year leasehold under Vietnam's 2024 amended Land Law. No legal disputes or encumbrances found in public records. Project completed and fully handed over in Q2 2017. On-site management by TDS Joint Stock Company. June 2026 re-check: no changes to legal status; pink books remain fully issued across all 29 villas. |
Holm Residences
| CBD (peak) | 27 min |
| CBD (off-peak) | 18 min |
| Airport (peak) | 47 min |
| Airport (off-peak) | 40 min |
| Long Thành (peak) | 63 min |
| Long Thành (off-peak) | 55 min |
Predominantly ultra-high-net-worth Vietnamese families and senior expat executives drawn to the compound's absolute privacy, Saigon River frontage, and resort-calibre amenities. The 29-villa scale creates an exceptionally close-knit community, with most residents prioritising security and exclusivity over proximity to everyday urban services.
