Hung Phuc Happy Residence - Apartments in Phu My Hung, District 7
Công ty TNHH Phát triển Phú Mỹ Hưng
Delivered 2019 · Pink books 100%
Four towers linked by a 5,000 m² second-floor amenity podium in the heart of Nam Viên, with views of Phú Mỹ Hưng's largest parks and the Mỹ Phú villa district.
💰 6,6 tỷ – 9,7 tỷ📏 91,5 triệu/m²🏗️ Delivered 2019🏢 554 units
Hưng Phúc - Happy Residence is a four-tower residential complex by Phú Mỹ Hưng Development Corporation — the developer's 37th project in the master-planned township and its 8th apartment project in the Nam Viên enclave. Located on Nguyễn Lương Bằng Avenue in Tân Mỹ Ward, HCMC, the four 19-storey towers (Blocks A–D) share a 5,000 m² second-floor amenity podium linking all buildings via covered walkways, housing the pool, gym, jacuzzi, a 250-metre walking path, and outdoor recreation areas. The 554 apartments range from 72 to 93 m² and face Nam Viên's parks, the Mỹ Phú villa district, and the Saigon River. Thirteen two-storey commercial units on the street level complete the ground-floor programme.
Project news
Hưng Phúc Happy Residence: Pink books fully issued for all units
Legal · Dec 2021 · domo.vn
Area news
Phú Mỹ Hưng Harmonie: 1,490-unit mid-range launch in PMH master plan, 2.5× oversubscribed at March 2026 opening
Competitor · Mar 2026 · e.vnexpress.net
HCMC new official land price list effective January 1, 2026
Policy · Jan 2026 · en.sggp.org.vn
Neighborhood
85*
Family Score
Excellent
Family appeal is strong here. Sedbergh Vietnam – BCIS, one of HCMC's best international schools, is next door and Công viên Cảnh viên park is also next door, keeping school runs and play largely on foot.
90*
Leisure Score
Excellent
Leisure options are deep for a residential block. Crescent Mall is 1.6 km away, and a dense mix of cafés, brunch spots and neighborhood restaurants sits within a few hundred metres.
75
Convenience
Good
Daily convenience is solid. Kingfoodmart is next door and banks and street-level shops cover everyday errands, while Crescent Mall, 1.6 km away, handles larger shopping trips.
63
Health
Good
Medical access is solid. FV Hospital, 2.0 km away, covers full hospital care, with dental and dermatology clinics and a pharmacy within about 600 m for routine needs.
65
Transit Access
Good
The nearest bus stop is about 80 m away, while the nearest metro station, Opera House Station, is 8.0 km away.
70*
Commute Ease
Good
52 min to Q1 Bến Thành via 139 → 20. 5 min walk to bus stop, 1 transfer. Rush-hour congestion at Nguyễn Văn Linh intersections is the main constraint.
2
Nightlife
Below Avg
Nightlife is effectively absent. The area is residential and family-oriented, with evenings centred on dining and cafés rather than any bar or club scene.
36
Quietness
Below Avg
Noise is a real trade-off here. The park next door gives some green buffer, but karaoke and bar venues within a few hundred metres and the Nguyễn Lương Bằng frontage keep ambient noise moderate.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.8
🏠 Homeowner
Good
7.4
📈 Investor
Solid
Better for long-term living than for investing.
A fully delivered, pink-booked Nam Viên complex with a 5,000 m² shared podium and international schools and a park next door, priced below comparable upper-mid projects. The tradeoffs are moderate ambient noise, a bus- or car-dependent commute with no metro nearby, and a gross rental yield of only about 2.5-3%.
🏠 Homeowner
Value
7.7
Livability
7.6
Legal & delivery
8.7
Location & connectivity
7.3
📈 Investor
Value
7.7
Returns & exit
7
Legal & delivery
8.7
Location & demand
7
Why the scores differ
Homeowner: A solid choice for homeowners who want a delivered, fully pink-booked Phú Mỹ Hưng address with international schools and a park next door. The 5,000 m² shared podium (pool, gym, walking loop) adds more amenity space than most buildings on a site this size, and pricing sits below comparable upper-mid projects. The real tradeoffs are moderate ambient noise from the boulevard and nearby karaoke venues, and a bus- or car-dependent commute with no metro nearby.
Investor: The investment case rests on clean title and a deep Phú Mỹ Hưng buyer pool, not on rental yield. Rents of roughly 16-21M VND/month against 7-9B VND resale prices imply only about 2.5-3% gross, recent 2- and 3-bedroom resale snapshots softened slightly, and the 1,490-unit Harmonie launch adds lower-priced competition nearby. Metro Line 4 is still proposed, so it should not be priced in.
Price & Market
Current Market Price
91,5 triệu/m²
📈+190% since launch
Market range
80 triệu – 102 triệu/m²
Unit price
6,6 tỷ – 9,7 tỷ
Rent
14 triệu – 28 triệu/mo
Launch price
31,5 triệu/m²
Est. Rental Yield3.1%
•🟢 Delivered in 2019 with pink books issued for all units, so buyers carry no construction or legal-completion risk
•🟢 Typical resale of about 93M VND/m² is roughly 17% below the upper-mid peer median of 110M/m² across 41 comparable projects; CBRE (May 2026) reports former-HCMC condo resale averaging about 67M/m², up 32.3% year on year, so the broader secondary market is strong
•🟡 Rents of 16-21M VND/month against 7.3-8.8B VND resale prices imply a gross yield of roughly 2.5-3%, so the case here is title and liquidity rather than income
•🟡 Phú Mỹ 2 Bridge broke ground in January 2026 with completion targeted for 2029, and Metro Line 4 (station about 1.5-2 km away) has a licensed feasibility consortium with groundbreaking targeted for Q1 2027 pending government approval; both are future upside, not current conditions
•🟡 Phú Mỹ Hưng Harmonie (1,490 units, about 2.5× oversubscribed in March 2026) confirms strong local demand but adds lower-priced mid-market supply nearby
Last updated: October 2026
Is this a good deal?
🟢 ~16% cheaper than comparable projects
Project
Price
Distance
Hưng Phúc
91,5 triệu/m²
—
Garden Court 2
100 triệu/m²
0 km
Garden Court 1
97 triệu/m²
0 km
Aurora
130 triệu/m²
0.1 km
Should you buy here?
Best for:
✓Families who want international schools and a park within a short walk in a managed Phú Mỹ Hưng community
✓Homeowners who value shared pool, gym and walking-loop facilities in a larger 554-unit community
Not ideal for:
✗Light sleepers and buyers who want a quiet, boutique-scale community
✗Daily commuters who depend on metro access
Market Trends
Resale pricing is holding around 93M VND/m² (range 90-96M) in the October 2026 snapshot, with mid-2026 bedroom-level readings slightly softer.
Decision Factors
Strengths
✓Fully delivered in 2019 with pink books issued for all 554 apartments, and October 2026 checks found no disputes or permit issues
✓Sedbergh Vietnam (BCIS) and Cảnh Viên park are next door, with Canadian International School about 450 m away, so school runs and outdoor time are largely on foot
✓The 5,000 m² connected podium (pool, kids' pool, jacuzzi, gym, 250 m walking loop) gives 554 units more shared amenity space than is typical on a 0.96 ha site
✓Typical resale of about 93M VND/m² sits below the upper-mid peer median, leaving room versus pricier Phú Mỹ Hưng neighbors
Tradeoffs
!No metro nearby: the trip to Q1 Bến Thành is about 52 minutes by bus with one transfer, and rush-hour congestion at Nguyễn Văn Linh intersections is the main road constraint
!Ambient noise is moderate because of the Nguyễn Lương Bằng frontage and karaoke and bar venues within a few hundred metres
!Gross rental yield of roughly 2.5-3% (rents of 16-21M VND/month against 7-9B VND prices) favors owner-occupiers over income investors
Watch items
?Resale price evidence is thin: May-June 2026 snapshots put 2BR at about 91M and 3BR at about 88M VND/m², below the October 2026 project-level 93M, so compare against live asking prices before negotiating
?Competing supply and financing cost: the 1,490-unit Harmonie launch adds lower-priced mid-market stock inside Phú Mỹ Hưng, and floating mortgage rates of 12-15% (CBRE, May 2026) weigh on buyer demand
?No resident review digest is available, so verify building operations in person: parking ratio, elevator reliability, management fees and tenure terms (foreign buyers hold a 50-year term per the legal notes)
Unit Types
Apartments
2BR
2 Beds · 2 Baths · 72–78 m²
6,6 tỷ – 8 tỷ
92 triệu/m²
Rent: 14 triệu - 21 triệu/mo
Young families
3BR
3 Beds · 2 Baths · 90–93 m²
7,9 tỷ – 9,7 tỷ
90 triệu/m²
Rent: 18 triệu - 28 triệu/mo
Growing families
Shophouses
Shop
0 Beds · 1 Baths · 192–273 m²
Under review
≈ 17,57 tỷ – 24,98 tỷ est.
91,5 triệu/m²
Singles & couples
Project Details
Developer
Công ty TNHH Phát triển Phú Mỹ Hưng
Status
Delivered 2019
Total Units
554
Towers
4
Legal Information
Launch Date
2016
Handover
2019
Construction Permit
Approved
Pink Book
Issued
Pink Book %
100%
Legal Notes
All 554 apartments delivered; pink books (sổ hồng) issued, with resale listings in 2026 routinely citing sổ hồng. Vietnamese citizens hold long-term ownership; foreign buyers receive a 50-year renewable lease. Thirteen commercial units carry red books. Developer: Phú Mỹ Hưng Development Corporation, Tân Mỹ Ward, HCMC. Searches in Oct 2026 found no disputes or permit issues.
Amenities
👨👩👧Family: Phú Mỹ Hưng's cluster of international schools — Japanese, Korean, Canadian, Taipei, and Saigon South International Schools — is reachable by a short drive from Nam Viên. The 5.5 ha of surrounding parks offer safe, traffic-free outdoor spaces; the on-site children's pool and playground complete the family offering.
🏋️Fitness: The 5,000 m² second-floor podium houses the main swimming pool, children's pool, jacuzzi, and a fully equipped gym — all connected across four towers via covered walkways. A 250-metre outdoor walking circuit runs around the podium perimeter.
🏖️Lifestyle: The Crescent commercial district is directly adjacent — residents have walkable access to international dining, retail, and entertainment. The 13 on-site two-storey commercial units on Nguyễn Lương Bằng bring café and service retail directly to the building's street frontage.
🛒Convenience: Basement parking covers both cars and motorbikes for all residents. Multiple elevators per tower keep wait times manageable across 19 storeys. Phú Mỹ Hưng's internal shuttle bus and Nguyễn Lương Bằng's wide carriageway support smooth daily connectivity across the master plan.
🏊 Pool🌳 Garden🔥 BBQ Area🛗 Elevator👶 Kids Pool🧒 Play Area🔒 Security🅿️ Car Parking🏋️ Gym🏍️ Motorbike Parking
Nguyễn Lương Bằng — 48m main boulevardNguyễn Văn Linh — primary District 7–City expressway corridorHuỳnh Tấn Phát — southbound arterial linking District 7 to Nhà Bè
🔇 Moderate Noise🌊 Low Flood🛣️ Not Near Highway
Predominantly upper-middle-class Vietnamese families drawn to Phú Mỹ Hưng's master-planned environment, green spaces and the nearby international school cluster. A Korean and Japanese expatriate community in the wider Phú Mỹ Hưng area adds to rental demand.
Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Lương Bằng is a wide boulevard with good flow outside peak hours, but morning and evening rus...
Nguyễn Lương Bằng is a wide boulevard with good flow outside peak hours, but morning and evening rush hours cause congestion especially at intersections with Nguyễn Văn Linh. The Nguyễn Văn Linh expressway corridor connecting District 7 to the city center is the primary commute bottleneck.
→ Phú Mỹ Hưng's internal road network provides alternative routing around arterial congestion for most daily errands. The Crescent commercial district and the 13 on-site commercial units reduce the need for long commutes for everyday needs.
🌊 Flood Risk
The Nam Viên precinct of Phú Mỹ Hưng is elevated and equipped with an engineered drainage system tha...
The Nam Viên precinct of Phú Mỹ Hưng is elevated and equipped with an engineered drainage system that largely prevents the flooding common elsewhere in District 7. Surrounding streets can experience minor inundation during heavy rain.
→ Nam Viên's raised ground level and dedicated stormwater drainage keep the project site dry in all but extreme weather events.
Sub-zones
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A
0 listings
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B
0 listings
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C
0 listings
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D
0 listings
Notable Places
Connected 5,000 m² Amenity Podium
A 5,000 m² second-floor platform spanning all four towers, linked by covered walkways — an unusually large podium relative to the 9,592 m² land area. Houses the main pool, children's pool, jacuzzi, fully equipped gym, BBQ stations, and a 250-metre outdoor walking circuit, with views toward Nam Viên's park network.
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