Compact 312-unit Novaland tower opposite the State Bank with a rooftop infinity pool and a one-bridge commute into District 1 — the smallest and quietest of the Bến Vân Đồn riverfront cluster.
💰 4,8 tỷ – 9,5 tỷ📏 89 triệu/m²🏗️ Delivered 2015🏢 312 units
ICON 56 is a single-tower 25-storey condominium by Novaland on Bến Vân Đồn in District 4, directly opposite the State Bank of Vietnam headquarters and a short bridge crossing from District 1. The 312-unit project sits on a compact 2,994 m² riverside plot bounded on three sides by the Bến Nghé and Saigon River channels, with a signature rooftop infinity pool on the top floor designed by Singapore firm ONG&ONG.
Area news
Novaland completes Phase 1 of debt restructuring, targets growth from 2027
Market · Mar 2026 · theinvestor.vn
HCMC new land price table effective January 1, 2026 — Thảo Điền corridor priced
Policy · Jan 2026 · xaydungchinhsach.chinhphu.vn
Neighborhood
78
Family Score
Good
Family appeal is strong for central-city living. Nguyen Thai Hoc Elementary School — ranked among HCMC's best public primary schools — is 680 m away, within easy walking distance for school-age children.
97
Leisure Score
Excellent
Lifestyle options are exceptional at this address. The building sits in the middle of a dense urban strip of cafés, restaurants, and casual dining that lines Bến Vân Đồn, giving residents an extensive walkable scene immediately outside the front door.
96
Convenience
Excellent
Daily convenience is seamlessly covered at street level. Winmart+ is next door alongside multiple convenience stores and ATMs — residents can handle everyday shopping and banking without leaving the immediate block.
82
Health
Excellent
Medical access is well supported at this address. Sai Gon ENT Hospital is nearby and Sai Gon International General Hospital is also close, covering specialist and general acute care within easy walking distance.
89
Transit Access
Excellent
Transit access is strong. Ben Thanh Station — the southern hub of HCMC Metro Line 1 — is nearby, giving residents direct rail access to the metro network from the closest terminus.
100
Commute Ease
Excellent
18 min to Q1 Bến Thành via 155. 2 min walk to bus stop.
100
Nightlife
Excellent
The nightlife scene is concentrated and immediate. Cocktail bars, karaoke venues, and popular late-night spots cluster within 150–400 m of the building, giving residents direct walkable access to a varied evening scene.
0
Quietness
Below Avg
This is a high-noise address. The building sits within a dense entertainment corridor — bars, cocktail lounges, and karaoke venues operating within 150–400 m generate persistent ambient noise into the late evening, particularly on weekends.
Domo Scores™
7.6
🏠 Homeowner
Good
7.6
📈 Investor
Good
Balanced for both homeowners and investors.
ICON 56 is a compact, fully-titled riverfront condo a short bridge crossing from District 1 — the clearest fit for homeowners and expat-tenant investors who value proximity, river views, and a quiet community feel in a 312-unit building over a larger amenity deck. The honest tradeoff: a 2015 build with dated finishes in some units, minimal on-site facilities, and consistent nighttime noise from the surrounding bar and karaoke strip.
🏠 Homeowner
Value
7.8
Livability
7.3
Legal & delivery
8.7
Location & connectivity
7
📈 Investor
Value
7.8
Returns & exit
7.6
Legal & delivery
8.7
Location & demand
6.9
Why the scores differ
Homeowner: A solid choice for homeowners who value a central riverside address and clean legal title. Fully issued pink books, an 820 m walk to Bến Thành metro, and a dense surrounding service grid offset the 2015 build age and thin podium — but the quietness score reflects a genuinely noisy environment with bars and karaoke within 200 m, which buyers should assess on an evening visit before committing.
Investor: A dependable mid-market rental asset with a proven expat tenant pool — Japanese and Korean professionals commuting to District 1 offices provide consistent occupancy, and gross yields on 1BR units run around 4–5%. Pink-book title removes the resale friction that shadows several newer Bến Vân Đồn projects; the tradeoff is thin listing volume in a 312-unit building and limited capital-growth upside from the 2015 vintage.
Price & Market
Current Market Price
89 triệu/m²
📈+62% since launch
Market range
83 triệu – 95 triệu/m²
Unit price
4,8 tỷ – 9,5 tỷ
Rent
15 triệu – 29 triệu/mo
Launch price
55 triệu/m²
Est. Rental Yield3.7%
•🟢 Pink-book title is fully issued for all 312 units — one of the cleanest legal profiles on the Bến Vân Đồn strip, directly supporting price stability on resale.
•🟡 Resale ppsm at 83–95M/m² (typical 89M/m²) sits below the upper-mid segment peer median, consistent with the 2015 build age and thinner amenity package relative to newer Bến Vân Đồn launches.
•🟢 Proven expat rental demand — Japanese and Korean professionals commuting to District 1 offices generate consistent occupancy, with gross yields on 1BR units estimated at roughly 4–5%.
•🟡 Metro Line 2 (Bến Thành – Tham Lương) broke ground in January 2026 and targets commercial service around 2030 — once open, the Bến Thành terminus a bridge crossing away will expand transit reach to District 12.
•🔴 Secondary-only market with a thin 312-unit listing pool — buyers should expect to wait for the right layout or floor rather than choosing from a wide selection.
Is this a good deal?
Project
Price
Distance
ICON 56
89 triệu/m²
—
Saigon Royal Residence
Higher ppsm — premium of the Bến Vân Đồn cluster
Same street, 200 m east, larger podium and more river-facing units
Galaxy 9
Comparable ppsm to ICON 56
Two blocks north on Nguyễn Khoái, larger 4-tower complex
RiverGate Residence
Slightly below ICON 56 ppsm
Same street, 600 m east, denser 3-tower complex with serviced floors
Should you buy here?
Best for:
✓Homeowners who commute to District 1 and want river views without paying District 1 prices
✓Buyers who prefer a small 312-unit community over 1,000+ unit complexes on the same street
✓Owner-occupiers prioritising completed legal title and no outstanding encumbrances
Not ideal for:
✗Families needing on-site kindergarten, large sports courts, or a full podium amenity deck
✗Buyers expecting modern smart-home finishes — the 2015 build shows its age in older units
✗Noise-sensitive residents — bars and karaoke venues within 200 m make evenings loud
Market Trends
Resale prices at ICON 56 have remained stable in the 83–95M/m² range, tracking the Bến Vân Đồn corridor's resilient premium over the broader District 4 stock while sitting modestly below newer and larger neighbours.
Decision Factors
Strengths
✓Pink books fully issued for all 312 units — one of the cleanest legal profiles on the Bến Vân Đồn strip, directly supporting resale pricing stability
✓One-bridge commute to District 1 (Calmette north or Khánh Hội east) with Ben Thanh metro station nearby, giving residents direct rail access
✓Small 312-unit building with rooftop infinity pool — lower congestion and stronger community feel than the 1,000+ unit complexes on the same street
Tradeoffs
!2015 vintage with a compact gym (~60 m²) and no on-site school, sports deck, or dedicated F&B — amenity package is noticeably thinner than newer Bến Vân Đồn peers
!Secondary-only market: no primary sales rounds, so buyers cannot access launch pricing or developer payment plans
Watch items
?Novaland (developer of record) completed the first tranche of its debt restructuring in early 2026 — confirm current building management and warranty arrangements with PMC before purchase
?Metro Line 2 (Bến Thành – Tham Lương) broke ground January 2026 and targets ~2030 service; Bến Vân Đồn road widening has no confirmed construction start — both catalysts are real but years away
?High ambient noise: bars and karaoke venues within 150–400 m operate into the late evening — visit at night before committing
Unit Types
1BR
1 Beds · 1 Baths · 47–51 m²
4,8 tỷ – 5,2 tỷ
102 triệu/m²
Rent: 15 triệu - 17 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 79–80 m²
6,4 tỷ – 6,7 tỷ
82 triệu/m²
Rent: 17 triệu - 23 triệu/mo
Young families
3BR
3 Beds · 2–3 Baths · 87–112 m²
7,2 tỷ – 9,5 tỷ
85 triệu/m²
Rent: 20 triệu - 29 triệu/mo
Growing families
Penthouse
3–4 Beds · 3–4 Baths · 150–220 m²
Under review
≈ 13,35 tỷ – 19,58 tỷ est.
89 triệu/m²
Growing families
Project Details
Developer
Novaland
Status
Delivered 2015
Total Units
312
Towers
1
Legal Information
Handover
2015
Construction Permit
Approved
Pink Book
Issued
Legal Notes
Pink books fully issued for all 312 units — one of the few completed projects on Ben Van Don with no outstanding title issues. Long-term Vietnamese ownership; no foreign quota observed in resale listings. Building operations managed by PMC (Property Management Company). Searched: ICON 56 so hong, ICON 56 quan ly, Novaland phap ly — no new encumbrances or disputes found as of May 2026.
Amenities
👨👩👧Family: Small playground at podium level and a community room sized for resident events. No on-site kindergarten or school — families use options in Quận 1 and Quận 4 within a short drive.
🏋️Fitness: Compact gym (~60 m²) on a podium floor and the rooftop pool double as the fitness offer. No tennis or multi-purpose courts on site.
🏖️Lifestyle: Rooftop infinity pool with city and river views, ground-floor garden and BBQ deck. Limited on-site F&B — residents rely on the dense Bến Vân Đồn restaurant strip immediately outside.
🛒Convenience: Two basement levels plus mezzanine parking serve cars and motorbikes, 24/7 security and a small utility/convenience store at podium. Banks, supermarkets and Vincom Đồng Khởi sit within 10 minutes by car.
🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🏍️ Motorbike Parking
Location & Commute
ICON 56
10 min
District 1 CBD
40 min
Tân Sơn Nhất Airport
57 min
Long Thành Airport
CBD (peak)
13 min
CBD (off-peak)
10 min
Airport (peak)
54 min
Airport (off-peak)
40 min
Long Thành (peak)
64 min
Long Thành (off-peak)
57 min
🚇
Metro
Ben Thanh Station
Nearby
🛍️
Mall
REE Tower
Next door
🛒
Supermarket
WinMart+
Next door
🏫
Schools
FOSCO International School
2.0km
🏥
Hospitals
Sai Gon ENT Hospital
Nearby
🌳
Park
September 23rd Park
Nearby
Major Roads
Bến Vân ĐồnVõ Văn Kiệt boulevardCalmette Bridge to District 1Khánh Hội Bridge to Nguyễn Tất Thành
🔇 High Noise🌊 None Flood🛣️ Near Highway
A mix of owner-occupier professionals who commute to District 1 offices and a meaningful share of expat tenants, particularly Japanese and Korean families drawn by the one-bridge commute and river views. The 312-unit scale keeps the building quieter and less congested than the larger Bến Vân Đồn neighbours — Saigon Royal, RiverGate, and Millennium — which suits buyers who prefer a smaller community.
Things to consider (not deal breakers)
⚠️ Traffic
Bến Vân Đồn funnels into the Calmette and Khánh Hội bridges at peak hours, with backups around the S...
Bến Vân Đồn funnels into the Calmette and Khánh Hội bridges at peak hours, with backups around the State Bank intersection between 7:30–8:30 AM and 5:30–6:30 PM. The Nguyễn Tất Thành / Hoàng Diệu cluster on the Khánh Hội side is the single worst pinch point in the area.
→ Two short bridge crossings into District 1 give residents a choice (Calmette north, Khánh Hội east), and motorbike commutes into District 1 stay under 10 minutes outside peak windows.
🌊 Flood Risk
The Bến Vân Đồn frontage was rebuilt with the canal embankment upgrade and now sits well above tide ...
The Bến Vân Đồn frontage was rebuilt with the canal embankment upgrade and now sits well above tide level — flooding here is rare even on king-tide days that affect older Quận 4 streets one block inland.
→ The Bến Nghé canal embankment was raised during the 2010s rehab and the project's basement entry sits at boulevard level — no recurring flood incidents on record at the building.
Notable Places
Rooftop Infinity Pool
Overflow infinity pool on the 25th floor designed by ONG&ONG, looking out over the Saigon River and the District 1 skyline. Among the few rooftop pools in District 4 and the most-cited reason buyers choose ICON 56 over the larger Bến Vân Đồn neighbours.
Explore Vietnam
Delivered 2015
