VI
Lumière Riverside Delivered 2023
Delivered 2023

Lumière Riverside An Phu - Masterise Homes Luxury Apartments

Masterise Homes

The only luxury high-rise in the An Phu cluster with a direct-access An Phu Metro Station connection and Leafscape-designed resort amenity podium.

💰 5,85 tỷ – 48 tỷ📏 115 triệu/m²🏗️ Delivered 2023🏢 1030 units

Lumière Riverside is a luxury two-tower residential development by Masterise Homes in An Phu Ward, Thu Duc City, designed in the distinctive Leafscape architectural style that integrates vertical gardens and leaf-shaped design motifs throughout. The East Tower rises 36 floors and the West Tower reaches 44 floors, together delivering approximately 1,030 apartments ranging from studios to four-bedroom units, duplexes, and penthouses across over 9,500 m² of podium-level resort amenities. Positioned directly adjacent to An Phu Metro Station (Line 1), the development combines rare urban rail connectivity with premium Masterise Homes construction standards.

Project news

HCMC Ring Road 3 (Vanh Dai 3) Elevated Section Opens for Traffic
Infrastructure · Apr 2026 · domo.vn
Lumière Riverside: first pink books issued August 2024
Legal · Aug 2024 · domo.vn

Area news

FTSE Russell officially confirms Vietnam upgrade to Secondary Emerging Market, effective September 21, 2026
Market · Sep 2026 · theinvestor.vn

Neighborhood

80*
Family Score
Excellent
Family life is well served here. International School Ho Chi Minh City – American Academy is next door, and ISHCMC's Early Years campus — one of HCMC's top preschools — is within walking distance, making this a practical base for expat families with young children.
90*
Leisure Score
Excellent
Leisure options are unusually dense for a residential building. Estella Place is next door, offering a full range of restaurants and retail — residents effectively share a dining and social district with one of the city's most active expatriate-oriented malls.
63
Convenience
Good
Daily errands are well covered for this corridor. Tops Market An Phu is next door for groceries, and a GS25 convenience store operates within the building for everyday top-ups.
68
Health
Good
Medical access is solid without being exceptional. Several clinics operate near Estella Place for everyday needs, and Vinmec Central Park International Hospital at 3.3 km serves specialist and emergency requirements.
91
Transit Access
Excellent
Transit access is among the strongest in Thu Duc City. An Phu Station (Metro Line 1) is nearby, with bus connections along Hanoi Highway adding further flexibility for shorter hops.
96
Commute Ease
Excellent
33 min to Q1 Bến Thành via 56. 4 min walk to bus stop.
51
Nightlife
Average
A modest but present local bar scene is accessible within a short walk. There is no concentrated nightlife district, but several bars and social venues are distributed through the immediate area, giving evenings a low-key energy rather than a dedicated scene.
21
Quietness
Below Avg
This is a loud address. Vo Nguyen Giap Boulevard (Hanoi Highway) runs directly in front, generating persistent daytime and evening traffic noise, while a cluster of bars and restaurants within walking distance adds to ambient levels after dark.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.5
🏠 Homeowner
Good
7.6
📈 Investor
Good

Balanced for both homeowners and investors.

Lumière Riverside is the most transit-connected luxury address in the An Phu cluster — An Phu Metro Station adjacent, ISHCMC American Academy next door, and a Masterise resort podium that outperforms peers of this footprint. The single honest tradeoff is noise: Hanoi Highway frontage is persistent, and buyers should factor unit orientation into their shortlist.

🏠 Homeowner
Value
6.9
Livability
7.7
Legal & delivery
7.9
Location & connectivity
7.6
📈 Investor
Value
6.9
Returns & exit
8
Legal & delivery
7.9
Location & demand
7.6
Why the scores differ

Homeowner: A solid choice for homeowners who value metro connectivity and Masterise's build standard. Direct adjacency to An Phu Metro Station (Line 1), ISHCMC American Academy 220m away, and Estella Place next door make daily life well-served. The honest constraint is persistent highway noise from Hanoi Boulevard — buyers sensitive to ambient sound should prioritise inward-facing or high-floor units. Pink books are partially issued, with the first batch confirmed August 2024.

Investor: A well-supported rental play in one of HCMC's most liquid expatriate corridors. An established expat and corporate tenant base in Thao Dien supports estimated yields of 4–5% on 2–3BR units, and the secondary market is active with documented price appreciation since handover. The ceiling: at 115–175M VND/m² on the resale market, the qualified buyer pool is narrow, and partial pink book issuance means some units require extra due diligence before transacting.

Price & Market

Current Market Price
115 triệu/m²
📈 +21% since launch
Market range98 triệu – 200 triệu/m²
Unit price5,85 tỷ – 48 tỷ
Rent21 triệu – 55 triệu/mo
Launch price95 triệu/m²
Est. Rental Yield1.7%
  • 🟢 Metro Line 1 carried 20.5 million passengers in 2025, exceeding its annual ridership target — projects adjacent to An Phu Station benefit from a structural rental premium over non-metro peers in the corridor
  • 🟡 Secondary resale prices have risen materially since handover, but at 115–175M VND/m² the project sits at the luxury ceiling — the pool of qualified buyers is thin and near-term appreciation is more moderate from this level
  • 🟢 Masterise Homes brand drives resale liquidity above the An Phu market average — documented secondary transactions provide price transparency uncommon at this luxury tier
  • 🟡 An Phu Interchange (78% complete, full completion April 2027) will ease the Hanoi Highway peak-hour bottleneck once done — until then, adjacent construction adds a temporary disruption layer
  • 🟢 Vietnam's FTSE Russell upgrade to Secondary Emerging Market (effective September 2026) is expected to improve foreign investor sentiment toward premium urban real estate — the An Phu-Thao Dien luxury corridor is among the segments best positioned to benefit
Last updated: June 2026

Is this a good deal?

Project Price Distance
Lumière Riverside 115 triệu/m²
Q2 Thảo Điền 145 triệu/m² 0.2 km
Estella Heights 150 triệu/m² 0.3 km
Gateway Thảo Điền 78 triệu/m² 0.3 km
Vista 67 triệu/m² 0.3 km

Should you buy here?

Best for:
  • Professionals commuting to District 1 via Metro Line 1 who value a short door-to-CBD trip
  • Expat families with children at international schools in the An Phu cluster
  • Homeowners who prioritise resort-quality on-site amenities and Masterise fit-and-finish standards
Not ideal for:
  • Buyers sensitive to road traffic noise — Hanoi Highway frontage is persistent and significant
  • Mid-range budget buyers — pricing targets a narrow luxury tier

Decision Factors

Strengths

  • Direct An Phu Metro Station (Line 1) adjacency — the only luxury high-rise in the An Phu cluster with station-adjacent access, giving residents a structural commute advantage over every peer in the corridor
  • Masterise Homes tier-1 execution with a 9,500 m² Leafscape resort amenity podium — a scale of on-site amenity provision uncommon for a 2.4 ha urban site
  • ISHCMC American Academy 220m away and Estella Place next door — a walkable international school and lifestyle cluster that most An Phu luxury addresses cannot replicate
  • Pink books partially issued — first batch of 50 confirmed August 2024, among the fastest post-handover issuances recorded for a luxury HCMC project

Tradeoffs

  • !Hanoi Highway frontage generates persistent high ambient noise — the quietness score (15/100) is among the lowest in the An Phu corridor; buyers must factor in unit orientation and glazing
  • !Compact 2.4 ha site — the resort podium density is high but the green-space buffer is limited compared with larger masterplanned peers
  • !At 115–175M VND/m² on the secondary market, pricing sits at the luxury ceiling — the qualified buyer pool is narrow and near-term capital appreciation is more moderate than at launch

Watch items

  • ?Pink books are partially issued — some units have received their books (first batch confirmed August 2024) while others are still awaiting issuance; verify individual unit status with the developer or sales agent before committing
  • ?An Phu Interchange construction immediately adjacent to the project continues through approximately April 2027 — the N1.2 branch and Luong Dinh Cua road widening are pending land clearance; expect ongoing construction noise and access disruption until then

Project Details

DeveloperMasterise Homes
StatusDelivered 2023
Total Units1030

Amenities

👨‍👩‍👧 Family: A dedicated kids' play room and landscaped green corridors provide safe, shaded play space within the podium. The Australian International School (AIS) is a short drive away in An Phu Ward.
🏋️ Fitness: The signature leaf-shaped infinity pool, jacuzzi, high-end gym, yoga area, and tennis courts collectively exceed the standard fitness offering found in comparable An Phu luxury projects.
🏖️ Lifestyle: An outdoor BBQ garden, yoga terrace, and community social spaces integrated into the podium give residents a resort-like environment without leaving the building.
🛒 Convenience: Two levels of basement parking, 24-hour security, and a direct pedestrian connection to An Phu Metro Station (Line 1) make this one of the most transit-convenient luxury high-rises in Thu Duc City.
🏊 Pool🌳 Garden🛗 Elevator🔒 Security🛎️ Concierge

Location & Commute

Lumière Riverside

16 min
District 1 CBD
39 min
Tân Sơn Nhất Airport
48 min
Long Thành Airport
CBD (peak)25 min
CBD (off-peak)16 min
Airport (peak)48 min
Airport (off-peak)39 min
Long Thành (peak)53 min
Long Thành (off-peak)48 min
🚇
Metro
An Phu Station
Nearby
🛍️
Mall
Estella Place
Next door
🛒
Supermarket
Tops Market An Phú
Next door
🏫
Schools
International School Ho Chi Minh City – …
Next door
🏥
Hospitals
Vinmec Central Park International Hospit…
3.3km
🌳
Park
An Phú Sports Park
Next door
🔇 High Noise🌊 Low Flood🛣️ Near Highway

The resident base skews toward high-income Vietnamese professionals and expatriates employed in Thu Duc City's technology corridor and District 1's financial hub, with a notable share of foreign buyers from South Korea, Japan, and Singapore drawn by the project's metro access and premium specification.

Sub-zones

🏢
East Apartment
0 listings
5,85 tỷ - 48 tỷ
98 triệu - 200 triệu/m²
Resale listings in the East sub-zone span approximately 110–200M VND/m² across apartment types, with 2BR units clustering near 115M VND/m² and larger units asking up to 175M VND/m².
View details →
🏢
West Apartment
0 listings
5,85 tỷ - 37,5 tỷ
98 triệu - 200 triệu/m²
Resale pricing in the West sub-zone tracks closely with the East sub-zone across bedroom types; the West Tower's additional height (44 floors versus 36) may support modest view premiums on upper floors not yet fully reflected in current listing averages.
View details →

Notable Places

Leaf-Shaped Infinity Pool
The project's signature leaf-shaped infinity pool sits at podium level — a design form distinct from the rectangular pools standard across comparable An Phu luxury developments, and a direct expression of the Leafscape architectural concept applied throughout the towers.
Podium Resort Amenity Deck
Over 9,500 m² of podium-level space integrates yoga gardens, vertical green walls, BBQ terraces, kids play areas, community lounges, and a jacuzzi zone — a scale of amenity provision uncommon for an urban site of 1.9 ha and one of the highest amenity-to-land ratios in the An Phu cluster.

Projects by Developer

Growth Catalysts

  • HCMC Metro Line 1 fully operational since December 2024; 20.5 million passengers in 2025 (2025)
  • HCMC Ring Road 3 elevated section opens April 30, 2026; full ring road completion targeted 2026 (2026)
  • 🚧An Phu Interchange (Thu Duc): 78% complete; N3 opened May 2026; final branch N1.2 delayed to April 2027 (2027)
  • 🚧Thu Thiem Bridge 4: groundbreaking targeting July 2, 2026 (50th anniversary), completion Q4 2028 (2028)
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This area scores 90 for Leisure Score · 80 for Family Score

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