2 of 4 delivered

Izumi City

Name: Izumi City
Address: VN

Nam Long Group (with Hankyu Hanshin Properties)

2 of 4 sub-zones delivered · 2 upcoming 2026

The largest Japanese-style riverside township in Đồng Nai — 170 ha of low-rise long-term-ownership product on the Đồng Nai River, co-developed with Hankyu Hanshin and the only Nam Long township at this scale outside Long An.

💰 7 tỷ – 45 tỷ📏 48 triệu/m²🏗️ 2 of 4 delivered🏢 7000 units

A 170-hectare riverside township by Nam Long Group and Japanese partner Hankyu Hanshin Properties on the Đồng Nai River in Long Hưng, Biên Hòa, ~25 km from central HCMC. Built on a Japanese 'Live–Play–Learn–Work–Shop' township model with low-rise garden townhouses, shophouses, semi-detached villas, riverfront villas, and Flora apartment lines. Land use is split across 21 ha of greenery, 6 ha of water surface, 9 ha of commercial, and 7 ha of education.

Project news

Long Hưng Bridge breaks ground — new HCMC crossing lands in Izumi City's ward, targeting 2028 completion

Construction · Jan 2026 · domo.vn

Izumi Canaria Zone 1 targeted for November 2026 handover; Zones 2 and 3 follow 2027 and 2028

Construction · Nov 2026 · namlongcorp.com

Pink book issuance underway for Phase 1A1's 275 delivered units

Legal · Apr 2026 · baochinhphu.vn

Cát Lái Bridge breaks ground — replaces ferry on Izumi City's main HCMC route, targeting 2029 completion

Construction · Jan 2026 · domo.vn

Izumi Gardenia pink books issued to residents following June 2025 planning approval

Legal · Jun 2025 · vietstock.vn

Show all 6 updates

Neighborhood

81*

Family Score

Excellent

Family appeal is solid today, anchored by KinderWorld International School operating within the development. The planned Education Zone allocating roughly 7 hectares on-site will strengthen the schooling offer further as the project completes.

86*

Leisure Score

Excellent

Leisure options are strong within the township. Nova Mall and Aqua Sport Complex both operate on-site, with a range of cafés and casual dining accessible within 1.5 km.

57*

Convenience

Average

Convenience is adequate for daily needs. Nova Mall within the development includes a supermarket component, and on-site daily retail is expected to expand as the township fills out — though no named grocery anchor is confirmed on-site yet.

70*

Health

Good

Medical access within the development is meaningfully covered by Nova Hospital operating on-site. Pharmacies are accessible within about 2.5 km, and secondary hospital options outside the project require a drive of roughly 10 km.

Transit Access

Below Avg

Transit access is absent. The nearest metro station — Suối Tiên Terminal, 11.2 km away — is not accessible on foot, and there are no practical bus connections to central HCMC, making the project entirely car-dependent.

Nightlife

Below Avg

There is no meaningful nightlife scene here. The township has a residential character with no concentration of bars, clubs, or late-night venues within practical reach.

Quietness

Excellent

The area is notably quiet. Low commercial density and the riverside setting keep ambient noise levels low throughout the township.

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.2

🏠 Homeowner

Solid

📈 Investor

Solid

Balanced for both homeowners and investors.

Izumi City is a Japanese-influenced low-rise township for families who prioritize space and quiet over city proximity — KinderWorld International School, Nova Hospital, and Nova Mall are all operating on-site today. The honest trade-off is complete car dependency and a 45-60 minute peak-hour commute to central HCMC, with three confirmed road projects under construction to ease that limitation through 2026-2029.

🏠 Homeowner

Value

6.5

Livability

7.3

Legal & delivery

7.3

Location & connectivity

7.7

📈 Investor

Value

6.5

Returns & exit

6.7

Legal & delivery

7.3

Location & demand

7.7

Why the scores differ

Homeowner: A solid choice for homeowners who prioritize low-rise space and Japanese master-planning quality over urban proximity. Nova Hospital, KinderWorld International School, and Nova Mall all operate within the development, and pink books are partially issued with Phase 1A1 processing under way. The honest trade-offs: entirely car-dependent access averaging 45-60 minutes to HCMC inner districts during peak hours, perimeter-road flood risk in heavy monsoon, and the majority of the 7,000-unit plan still under construction.

Investor: A patient-capital play anchored by confirmed infrastructure: Ring Road 3 (targeting June 2026 opening), Long Hưng Bridge, and Cát Lái Bridge — both breaking ground January 2026 for 2028/2029 delivery — collectively address the project's single-axis access limitation. Secondary market activity for Izumi Phase 1 townhouses exists but is thin, and no rental income benchmark is available; this is a hold-for-appreciation thesis rather than a yield play while the long-stay tenant base builds.

Price & Market

Current Market Price

48 triệu/m²

📉 -26% since launch

Market range	45 triệu – 100 triệu/m²
Unit price	7 tỷ – 45 tỷ
Launch price	65 triệu/m²

•🟢 Ring Road 3 is targeting a June 2026 full-line opening — its eastern segment directly relieves the Hương Lộ 2 / District 9 pinch on Izumi City's HCMC-bound route, and the timeline puts this catalyst in the current year, not a multi-year wait.
•🟢 Long Hưng Bridge and Cát Lái Bridge both broke ground on January 15, 2026, with 2028 and 2029 completion targets respectively — the two new Đồng Nai River crossings are named for the ward where Izumi City sits and directly resolve the single-road access dependency over the medium term.
•🟢 The pink-book pipeline was unblocked by the June 2025 revised 1/500 planning approval — Izumi Gardenia pink books have been issued and Phase 1A1 processing is under way, marking a clear legal turn from the uncertainty that characterized the project in prior years.
•🟡 Secondary-market pricing for Izumi Phase 1 sub-zone townhouses runs approximately 45-50 million/m² (total 7-11 tỷ) with some activity visible, but transaction volume is thin — buyers should verify current comparable transactions rather than relying on listed prices alone.
•🔴 Access remains entirely car-based today — the single-entry Hương Lộ 2 dependence means peak-hour HCMC-bound trips regularly stretch to 45-60+ minutes, and no road improvement is operational before mid-2026 at the earliest.

Is this a good deal?

🟢 ~32% cheaper than comparable projects

Project	Price	Distance
Izumi City	48 triệu/m²	—
Aqua City	60 triệu/m²	1 km
Vinhomes Grand Park	81,5 triệu/m²	3 km

Should you buy here?

Best for:

✓Families relocating from inner HCMC or Biên Hòa for low-rise space with operating on-site school, hospital, and retail
✓Buyers drawn to Japanese master-planning quality and the Hankyu Hanshin design discipline
✓Long-stay homeowners with budgets above 7 tỷ comfortable with a car-based commute to eastern HCMC districts

Not ideal for:

✗Daily commuters to District 1 — peak-hour trips routinely exceed 60 minutes via the current single-road route
✗Buyers needing an immediate pink book — issuance is under way but not complete for most products in the project

Market Trends

Pricing for Izumi Phase 1 sub-zone townhouses stabilized around 45-50 million/m² as of early 2026, with medium-term sentiment driven by confirmed road deliveries rather than near-term demand pressure.

Decision Factors

Strengths

✓Japanese master-planning discipline from Hankyu Hanshin — low-rise townhouses, villas, and shophouses on a 170-hectare riverside site with integrated green-space and canal-park infrastructure
✓Operating anchor amenities within the development: Nova Hospital, KinderWorld International School, Nova Mall, and Aqua Sport Complex cover daily health, education, retail, and recreation without leaving the project
✓Three confirmed infrastructure projects under construction since January 2026: Ring Road 3 (June 2026 target), Long Hưng Bridge (2028), and Cát Lái Bridge (2029) directly address the project's single-axis Hương Lộ 2 access limitation
✓Pink books partially issued — Izumi Gardenia residents have received theirs; Phase 1A1 processing is under way — and long-term residential ownership applies to delivered products

Tradeoffs

!Entirely car-dependent access — no metro or bus route connects to central HCMC; peak-hour Hương Lộ 2 is a documented bottleneck, with the nearest meaningful capacity improvement (Ring Road 3) due mid-2026 at the earliest
!Most of the 7,000-unit development remains undelivered — buying now means living alongside ongoing construction until the 170-hectare master plan completes across multiple sub-zones

Watch items

?Pink book issuance is under way for Phase 1A1's 275 delivered units but not yet complete — confirm current issuance status before signing, and note that undelivered sub-zones have no confirmed pink-book timeline yet
?Perimeter-road flooding (sections of Hương Lộ 2 outside the project gate) is documented during heavy monsoon — verify ground-floor pad elevation if considering shophouse units on boundary rows

Project Details

Developer	Nam Long Group (with Hankyu Hanshin Properties)
Status	2 of 4 delivered
Total Units	7000

Legal Information

Construction Permit	Approved
Pink Book	Partial
Legal Notes	170 ha master plan approved with phased construction permits granted as each sub-zone launches. Townhouses, shophouses and villas in delivered phases carry long-term residential ownership (sổ hồng lâu dài). The June 16, 2025 approval of the revised 1/500 detailed construction planning by Biên Hòa City People's Committee unblocked the pink book issuance pipeline across phases. Pink books have been issued to Izumi Gardenia residents; Phase 1A1 issuance is in progress for the 275 handed-over units. Joint venture: Nam Long Group 65.1% / Hankyu Hanshin Properties 34.9%.

Amenities

👨‍👩‍👧 Family: On-site education zone (~7 ha allocated), neighbourhood playgrounds in each sub-zone, and the Canaria clubhouse with kids' pool and BBQ garden. Nam Long's family-end-user track record at Mizuki Park and Akari City carries over.

🏋️ Fitness: Canaria clubhouse with swimming pool, gym, and yoga room; multi-purpose sports courts in the central park; riverside walking trail and water sports club. Tennis and basketball facilities sit at the master-plan level.

🏖️ Lifestyle: Riverside boulevard, central canal-park spine, BBQ courts, and shophouse retail rows along Hương Lộ 2 frontage. The Japanese-themed master plan emphasises walkable retail clusters over a single mega-mall.

🛒 Convenience: Shophouse retail along internal spine roads, on-site administrative service points, 24/7 security ringfencing the master plan, and direct Hương Lộ 2 frontage with planned widening to four lanes. HCMC–Long Thành–Dầu Giây Expressway entrance is ~7 km away.

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🎾 Tennis Court🏀 Basketball CourtShophouse Street🏍️ Motorbike Parking⚽ Multi-Purpose Court

Location & Commute

Izumi City

51 min

District 1 CBD

66 min

Tân Sơn Nhất Airport

45 min

Long Thành Airport

CBD (peak)	58 min
CBD (off-peak)	51 min
Airport (peak)	71 min
Airport (off-peak)	66 min
Long Thành (peak)	45 min
Long Thành (off-peak)	45 min

🚇

Metro

Suoi Tien Terminal Station

11.2km

🛍️

Mall

Nova Mall

Within development

🛒

Supermarket

Expected daily retail

Expected

🏫

Schools

KinderWorld International School

Within development

🏥

Hospitals

Nova Hospital

Within development

🌳

Park

Central Riverside Park

Planned on-site

Major Roads

Hương Lộ 2Nam Cao RoadHCMC–Long Thành–Dầu Giây ExpresswayVõ Nguyên Giáp

🔇 Low Noise🌊 Moderate Flood🛣️ Not Near Highway

Residents skew toward upper-middle-income families moving out of inner HCMC and Biên Hòa city in search of more space at lower density — particularly buyers attracted to the Japanese design quality of the Hankyu Hanshin partnership. Japanese expatriate families connected to the project's origin form a secondary segment. The investor share is modest relative to competing Đồng Nai townships; Nam Long has consistently positioned Izumi City as a long-stay community rather than a secondary-market flip product.

Things to consider (not deal breakers)

⚠️ Traffic

Hương Lộ 2 is the single primary access into Long Hưng; rush-hour back-ups concentrate at the juncti...

Hương Lộ 2 is the single primary access into Long Hưng; rush-hour back-ups concentrate at the junction with Võ Nguyên Giáp toward Cát Lái Ferry. The HCMC–Long Thành–Dầu Giây Expressway entrance at District 9 funnels every Saigon-bound trip through one ramp, making 7-9 am westbound the worst window. Inside the project, the spine road handles internal traffic comfortably given the low-rise mix.

→ Hương Lộ 2 widening, Ring Road 3 (targeting June 2026 opening), and two Đồng Nai River bridges now under construction since January 2026 — Long Hưng Bridge (2028 target) and Cát Lái Bridge (2029 target) — collectively address the single-axis access dependency over the medium term.

🌊 Flood Risk

Long Hưng sits on the Đồng Nai River floodplain; surrounding low-lying paddy land has historically f...

Long Hưng sits on the Đồng Nai River floodplain; surrounding low-lying paddy land has historically flooded during high tides combined with monsoon rain. Izumi City's master plan elevates internal road grade and uses canal-park drainage as a buffer, but adjacent off-site roads (Hương Lộ 2 stretches outside the gate) can still see standing water during storms.

→ Internal pads are graded above peak tidal level; central canal-park system doubles as stormwater retention. Buyers should still verify ground-floor pad height for shophouses on the perimeter rows.

Sub-zones

Izumi Canaria Shophouse, Townhouse, Villa

0 listings · 471 units

7,9 tỷ - 22 tỷ

60 triệu - 115 triệu/m²

3-5 BD · 112-410 m²

Handover soon · 2026

Primary-market supply dominates — townhouses from 7.9 to 10.5 tỷ, villas from 12 to 22 tỷ depending on size and position, and shophouses at 11-14 tỷ. Developer supply is the main channel with limited secondary activity at this stage.

View details →

Izumi Gardenia

0 listings

Delivered 2024

🏢

Izumi Phase 1 Shophouse, Townhouse

0 listings · 1244 units

7 tỷ - 11,2 tỷ

45 triệu - 50 triệu/m²

3-5 BD · 100-180 m²

Delivered 2023

The only delivered sub-zone in the project, with primary-market townhouses at 45-50 million/m² (total 7.5-10 tỷ) and secondary resale listings spanning 7-11 tỷ. Shophouse primary asks sit at 9.2-11.2 tỷ. Secondary market activity is visible but transaction volume is thin.

View details →

Izumi Riverside Shophouse, Villa

0 listings · 150 units

30 tỷ - 45 tỷ

50 triệu - 100 triệu/m²

3-4 BD · 459-699 m²

View details →

Notable Places

Canaria Clubhouse

Dedicated clubhouse inside Izumi Canaria with swimming pool, gym, yoga room, café, and BBQ garden. Currently the project's most complete amenity hub — Phase 1's facilities are simpler park-and-playground rows by comparison.

Central Riverside Park

1.2-hectare central park on the Đồng Nai River edge with water features and a riverside walking trail. The park doubles as the master plan's stormwater retention buffer, which is why surrounding pads sit on a noticeably elevated grade.

Commercial Zone

Roughly 9 hectares of the master plan dedicated to commercial use, including the shophouse-lined retail spine and reserved sites for supermarkets and clinics. The split into walkable retail clusters rather than a single mall is a deliberate Hankyu Hanshin design choice.

Education Zone

Roughly 7 hectares of the master plan reserved for on-site education uses across multiple operators. The dedicated land allocation is meaningful in Long Hưng, where private school options outside township projects are thin.

Riverside Boulevard

Continuous boulevard tracing the project's Đồng Nai River frontage, doubling as the public-facing edge of the master plan. The riverside alignment is the reason Izumi Riverside villas can be priced at 30-45 tỷ — most Đồng Nai townships have no direct river edge.

Water Sports Club

On-site water sports facility on the Đồng Nai River edge, offering canoe and SUP launch points for residents. A working water-sports operation on a Vietnamese township river edge is genuinely rare — most river-adjacent projects fence the bank for landscaping only.

Zen Garden

Japanese-themed Zen garden inside the master plan, signalling the Hankyu Hanshin design influence. Reading and meditation areas are integrated with the central park rather than fenced off as a separate amenity.

Growth Catalysts

✅Bien Hoa-Vung Tau Expressway opens 37.7 km on April 29, 2026 (2026)
🚧Ring Road 3 HCMC full line targets June 30, 2026 opening (2026)
🚧Long Thanh International Airport: commercial operations targeted Q4 2026 (2026)
🚧Long Hưng Bridge breaks ground January 2026 — 2028 completion target (2028)
🚧Cát Lái Bridge breaks ground January 2026 — 2029 completion target (2029)