Delivered 2020

Lavida Plus Apartments — Tân Phong, District 7, Ho Chi Minh City

Name: Lavida Plus
Address: VN

Quốc Cường Gia Lai

Delivered 2020 · Pink books 55%

Riverfront high-rise at South Saigon's busiest intersection — three sides on the Rạch Đĩa, directly opposite SC VivoCity, walking distance to RMIT

💰 1,8 tỷ – 6,1 tỷ📏 60 triệu/m²🏗️ Delivered 2020🏢 1665 units

Lavida Plus is a mixed-use residential development by Quốc Cường Gia Lai on approximately 2.2 hectares at the intersection of Nguyễn Văn Linh and Nguyễn Hữu Thọ in Tân Phong Ward, District 7. The project delivers 1,665 residential and officetel units across two 33-storey towers (Blocks A and B) and a 6-storey commercial podium (Block C), directly opposite SC VivoCity mall. Three sides of the site border the Rạch Đĩa River, integrating a 4,000 m² riverside park into the development.

Neighborhood

86*

Family Score

Excellent

Family appeal is strong, anchored by the on-site Riverside Park and Saigon South International School (SSIS) about 0.9 km away, which keeps school runs short. A kindergarten and Ton Duc Thang University sit within roughly 0.6 km.

93

Leisure Score

Excellent

Leisure options are deep and mostly walkable. SC VivoCity, one of the major malls in HCMC, is about 420 m away with a broad mix of dining, and the on-site sports complex covers daily fitness.

83

Convenience

Excellent

Daily essentials are well covered within a short trip. Co.op Xtra hypermarket is about 410 m away, with convenience stores and bank branches clustered around SC VivoCity.

79

Health

Good

Medical access is solid for routine and specialist needs. Victoria Healthcare clinic is about 440 m away and Nam Sài Gòn International General Hospital is about 1.5 km, with chain pharmacies close by.

86

Transit Access

Excellent

Bus stops are about 290 m away, while the nearest metro station, Bến Thành, is 5.6 km from the site.

100

Commute Ease

Excellent

30 min to Q1 Bến Thành via 86. 6 min walk to bus stop.

28

Nightlife

Below Avg

Nightlife is limited: there is no dedicated bar or club district nearby, and evenings are largely mall-centred and residential. Going out for a drink usually means a short ride rather than a walk.

0

Quietness

Below Avg

Quietness is a clear weakness here: noise exposure is rated high because the site fronts a busy arterial intersection. Several local bars and beer gardens within roughly 400-800 m add to the ambient noise.

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

Domo Scores™

7.3

🏠 Homeowner

Solid

7.3

📈 Investor

Solid

Balanced for both homeowners and investors.

A convenient, amenity-rich riverside mid-range address opposite SC VivoCity, priced slightly below mid-segment peers at about 60M/m². Buyers should treat high noise, a busy intersection, partial pink-book coverage (about 55%) and Quốc Cường Gia Lai's going-concern audit flag as due-diligence items before committing.

🏠 Homeowner

Value

7.3

Livability

7.3

Legal & delivery

7.9

Location & connectivity

7

📈 Investor

Value

7.3

Returns & exit

7.2

Legal & delivery

7.9

Location & demand

7

Why the scores differ

Homeowner: A solid, convenient choice for homeowners who want a riverside South Saigon address with SC VivoCity, a hypermarket and universities close by, plus a 4,000 m² on-site park, sports complex and rooftop pool. The trade-offs are a noisy, congested intersection, very dense living, and partial pink-book coverage with a financially stressed developer, so confirm unit-level title before committing.

Investor: A workable rental-and-resale story rather than a discount play: resale and rent listings are active, the university corridor supports tenant demand, and pricing sits a little below mid-segment peers. Yields are modest at roughly 3.5-4.5% gross, and partial pink-book coverage, developer going-concern risk and a large officetel pool all weigh on exit; Metro Line 4 is upside, not a base case.

Price & Market

Current Market Price

60 triệu/m²

📈 +33% since launch

Market range	47 triệu – 80 triệu/m²
Unit price	1,8 tỷ – 6,1 tỷ
Rent	7 triệu – 60 triệu/mo
Launch price	45 triệu/m²

Est. Rental Yield10.2%

•🟢 The HC1 underpass at the Nguyễn Văn Linh–Nguyễn Hữu Thọ intersection opened in December 2024, removing the worst through-traffic bottleneck at the project entrance, though surface queuing persists.
•🟢 At about 60M/m², resale pricing is roughly 8% below the mid-segment peer median of about 65M/m², a modest value edge rather than a deep discount.
•🟡 Metro Line 4 is proposed along Nguyễn Hữu Thọ, with Sovico committing in March 2026 to a Q1 2027 groundbreaking pending the feasibility study; Vingroup's District 7–Cần Giờ metro is still at proposal stage with no confirmed start. Treat both as upside, not base-case underwriting.
•🟡 According to CBRE (May 2026), HCMC condo secondary prices in the former city rose 32.3% year on year in Q1 2026 while floating mortgage rates of 12-15% remain the main headwind to demand; this is market-wide context, not a Lavida Plus-specific trend.
•🔴 Pink-book coverage is partial at about 55% of the land, and the developer's 2025 audit carried a going-concern flag, so unit-level title and building-management continuity need checking before purchase.

Last updated: October 2026

Is this a good deal?

Project	Price	Distance
Lavida Plus	60 triệu/m²	—
Sky Garden (Phú Mỹ Hưng)	Broadly similar price band	Inside the established Phú Mỹ Hưng township with a more settled community; Lavida Plus has the stronger mall frontage
Midtown Phú Mỹ Hưng	Priced above Lavida Plus	Central Phú Mỹ Hưng location next to Crescent Mall with a stronger township premium
Sunrise Riverside	Slightly cheaper	Riverside in Nhà Bè with less commercial infrastructure close by

Should you buy here?

Best for:

✓Faculty, staff and professionals working near RMIT, Ton Duc Thang University or Phu My Hung
✓Small families who want a riverside address with a park and an international school nearby
✓Mid-range homeowners who value walking access to a major mall and daily retail

Not ideal for:

✗Noise-sensitive homeowners who need a quiet, low-traffic setting
✗Commuters who need a Q1 trip well under 30 minutes today, before any metro arrives
✗Buyers who require an individual pink book guaranteed for every unit

Market Trends

Recent resale snapshots show 1BR and officetel asking prices rising while 3BR is flat, with typical resale pricing still around 60M/m².

Decision Factors

Strengths

✓SC VivoCity (about 420 m), a Co.op Xtra hypermarket (about 410 m) and Ton Duc Thang University (about 610 m) put daily needs and a steady tenant pool within a short walk.
✓A 4,000 m² riverside park, 2,000 m² sports complex and 674 m² rooftop pool are on site, a deep amenity set for a mid-range District 7 project.
✓Saigon South International School is about 0.9 km away, which supports family demand and keeps school runs short.
✓Resale pricing of about 60M/m² sits roughly 8% below the mid-segment peer median of about 65M/m², with resale and rental listings across 1BR, 2BR, 3BR and officetel.

Tradeoffs

!Noise is rated high at a busy arterial intersection, and peak-hour queuing on the approach roads persists even after the HC1 underpass opened in December 2024.
!Density is very high at 1,665 units on about 2.2 ha, including 453 officetel units, so lifts, parking and amenities are shared by a large mixed population.
!The commute to Q1 Bến Thành is about 30 minutes by bus, and the nearest metro station (Bến Thành) is 5.6 km away until a new line is built.

Watch items

?Only about 55% of the land has an issued certificate (11,967 m² of 21,894 m²); pink-book processing is partial, so confirm individual sổ hồng eligibility for the specific unit with the developer.
?Auditors flagged going-concern uncertainty for Quốc Cường Gia Lai in its 2025 annual report; as the management company, its finances can affect building operations and the pace of pink-book completion.
?The Rạch Đĩa borders the site on three sides, and surrounding streets can see minor flooding when heavy rain coincides with high tide; check access routes and parking-level history.

Unit Types

Apartments

1BR

1 Beds · 1 Baths · 48–55 m²

2,7 tỷ – 4,4 tỷ

64 triệu/m²

Rent: 9 triệu - 15 triệu/mo

Singles & couples

2BR

2 Beds · 2 Baths · 65–79 m²

3 tỷ – 5,3 tỷ

60 triệu/m²

Rent: 11 triệu - 18 triệu/mo

Young families

3BR

3 Beds · 2 Baths · 90–96 m²

Under review

4,5 tỷ – 6,1 tỷ

55 triệu/m²

Rent: 13 triệu - 23 triệu/mo

Growing families

Penthouse

3–4 Beds · 2–3 Baths

Under review

—

60 triệu/m²

Growing families

Other

Officetel

0–1 Beds · 1 Baths · 25–55 m²

Under review

1,4 tỷ – 3,6 tỷ

62 triệu/m²

Rent: 7 triệu - 12 triệu/mo

Singles & couples

Project Details

Developer	Quốc Cường Gia Lai
Status	Delivered 2020
Total Units	1665
Towers	3

Legal Information

Handover	2020
Construction Permit	Approved
Pink Book	Partial
Pink Book %	55%
Legal Notes	Re-checked October 2026: no new public reports of pink-book coverage changes beyond the ~55% land-certificate coverage (CI 234771, 11,967 m² of 21,894 m²). Individual sổ hồng available for units backed by the certified land; QCGL going-concern audit flag (April 2026) still the latest published development. Buyers should verify unit-level title with the developer.

Amenities

👨‍👩‍👧 Family: A 4,000 m² riverside park with children's play areas runs along the Rạch Đĩa boundary. RMIT Vietnam, Tôn Đức Thắng University, and several international schools are within a 5-minute ride.

🏋️ Fitness: A 2,000 m² sports complex covers multi-use courts and outdoor fitness areas. The rooftop infinity pool (674 m²) on Block C and an on-site gym serve both residential towers.

🏖️ Lifestyle: Six floors of retail and commercial space in Block C provide dining, shopping, and services at the base of the complex. SC VivoCity, directly opposite on Nguyễn Hữu Thọ, adds a full-scale mall within walking distance.

🛒 Convenience: A continuous basement across all three blocks accommodates car and motorbike parking with 24/7 security. Both Nguyễn Văn Linh and Nguyễn Hữu Thọ are served by public bus routes, providing multi-directional access without a vehicle.

🏊 Pool🌳 GardenRooftop🛗 Elevator🧒 Play Area🔒 Security🛎️ Concierge🅿️ Car Parking🎾 Tennis Court🛍️ Shopping Mall🏋️ Gym🏍️ Motorbike Parking

Location & Commute

Explore on map

Lavida Plus

25 min

District 1 CBD

49 min

Tân Sơn Nhất Airport

60 min

Long Thành Airport

CBD (peak)	31 min
CBD (off-peak)	25 min
Airport (peak)	68 min
Airport (off-peak)	49 min
Long Thành (peak)	64 min
Long Thành (off-peak)	60 min

🚇

Metro

Ben Thanh Station

5.6km

🛍️

Mall

SC VivoCity

Nearby

🛒

Supermarket

Kingfoodmart

Nearby

🏫

Schools

Saigon South International School (SSIS)

Nearby

🏥

Hospitals

Bệnh Viện Đa Khoa Quốc Tế Nam Sài Gòn

1.5km

🌳

Park

Riverside Park

On-site

Major Roads

Nguyễn Hữu Thọ — the project fronts this key north-south arterial connecting District 7 to Nhà Bè and the southern expresswaysNguyễn Văn Linh Parkway — the main east-west boulevard of South Saigon, running directly past the development's intersection

🔇 High Noise🌊 Moderate Flood🛣️ Near Highway

Young professionals, university lecturers and small families drawn to South Saigon's education and retail corridor. A large officetel allocation (453 units) adds business operators and remote workers, giving the complex a mixed residential profile.

Things to consider (not deal breakers)

⚠️ Traffic

The Nguyễn Văn Linh–Nguyễn Hữu Thọ intersection directly at the project entrance has historically be...

The Nguyễn Văn Linh–Nguyễn Hữu Thọ intersection directly at the project entrance has historically been one of South Saigon's worst congestion points during morning and evening peaks. The HC1 grade-separated tunnel (opened December 30, 2024) now routes through-traffic underground at this intersection, reducing surface vehicle conflict. Above-ground demand from SC VivoCity, Phú Mỹ Hưng, and nearby universities means peak-hour surface queuing on approach roads persists.

→ The HC1 underpass tunnel (opened December 2024) provides grade-separated through-movement at the Nguyễn Văn Linh–Nguyễn Hữu Thọ intersection, alleviating the historically worst surface congestion at the project entrance. Nguyễn Hữu Thọ also offers direct southbound access toward Nhà Bè, while Nguyễn Văn Linh connects east to the expressway network and west into Phú Mỹ Hưng.

🌊 Flood Risk

The project sits on a site bordered by the Rạch Đĩa River on three sides. Minor surface flooding on ...

The project sits on a site bordered by the Rạch Đĩa River on three sides. Minor surface flooding on surrounding streets can occur during heavy rain combined with high tide, though the development's elevated foundation and riverside embankment provide mitigation for the buildings themselves.

→ The developer positioned the ground floor above typical flood levels for this stretch of the Rạch Đĩa. The riverside park absorbs surface water runoff before it reaches residential areas.

Sub-zones

🏢

b_lavida_plus_block_a Apartment

0 listings · 725 units

1,8 tỷ - 6,1 tỷ

47 triệu - 80 triệu/m²

🏢

b_lavida_plus_block_b Apartment

0 listings · 915 units

1,8 tỷ - 6,1 tỷ

47 triệu - 80 triệu/m²

🏢

b_lavida_plus_block_c Shophouse

0 listings

1,8 tỷ - 6,1 tỷ

47 triệu - 80 triệu/m²

Notable Places

Riverside Park

A 4,000 m² landscaped park runs along the eastern boundary of the development, bordering the Rạch Đĩa River on three sides. The scale and continuous riverfront frontage make it one of the larger on-site green areas among mid-range District 7 apartment projects.

Rooftop Infinity Pool

Sited on the roof of Block C's 6-storey commercial podium at approximately 674 m², it provides elevated views over the Rạch Đĩa River. At this scale and position, it stands out from the standard ground-level pools in comparable mid-range District 7 towers.

Sports Complex

A 2,000 m² multi-use sports complex within the development grounds includes multi-purpose courts and outdoor fitness stations. The footprint exceeds what comparable mid-range District 7 projects of similar scale typically offer.

Projects by Developer

Central Premium
De Capella
Detesco Lương Định Của

Growth Catalysts

🚧Vingroup District 7–Cần Giờ metro at proposal stage; planned early-2026 groundbreaking has not materialized (2029)
🚀Sovico commits to Q1 2027 groundbreaking for Metro Line 4 (Đông Thạnh–Hiệp Phước) via Nguyễn Hữu Thọ (2031)

Lavida Plus Apartments — Tân Phong, District 7, Ho Chi Minh City

Project news

Neighborhood

Domo Scores™

Price & Market

Is this a good deal?

Should you buy here?

Market Trends