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 – 19 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 appeal is strong. The International School Ho Chi Minh City – American Academy and An Phú Sports Park are both next door, so school runs and outdoor time are short walks.
90*
Leisure Score
Excellent
Lifestyle access is very strong. Estella Place is next door, and the restaurants around it, from hot pot to pizza and sushi, make dining and shopping an easy walk.
63
Convenience
Good
Daily essentials are well covered. Convenience stores sit at the project’s doorstep for quick top-ups, and Tops Market is next door for full grocery runs.
68
Health
Good
Everyday medical access is solid. Small clinics, a dental practice and a pharmacy sit within about 400 m, while Vinmec Central Park International Hospital is 3.3 km away for serious care.
91
Transit Access
Excellent
An Phu Station on Metro Line 1 is the nearest rail stop at about 870 m, with bus stops roughly 660–750 m away.
96
Commute Ease
Excellent
33 min to Q1 Bến Thành via 56. 4 min walk to bus stop. Metro Line 1 is also nearby as an alternative into the city.
51
Nightlife
Average
Nightlife is moderate. Several bars sit within about 300 m and the wider Thảo Điền bar scene is around 1 km away, but there is no dense late-night strip beside the project.
21
Quietness
Below Avg
Quietness is weak. Ambient noise is rated high, with several bars within about 300 m and a busy boulevard frontage, so light sleepers should check floor and unit orientation.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.5
🏠 Homeowner
Good
7.4
📈 Investor
Solid
Balanced for both homeowners and investors.
A delivered Masterise two-tower address in An Phú with Estella Place, Tops Market and an international school next door and Metro Line 1 about 870 m away, suited to homeowners and expat-rental investors. The tradeoffs are high ambient noise, interchange works beside the project until April 2027, and pink books that are only partly issued.
🏠 Homeowner
Value
6.8
Livability
7.7
Legal & delivery
7.9
Location & connectivity
7.6
📈 Investor
Value
6.8
Returns & exit
7.6
Legal & delivery
7.9
Location & demand
7.6
Why the scores differ
Homeowner: A strong choice for homeowners who want walkable, connected urban living in the Thảo Điền–An Phú corridor. Masterise Homes' delivered towers come with a 9,500+ m² podium amenity deck, Estella Place and an international school next door, and Metro Line 1's An Phu Station about 870 m away. The tradeoffs are high ambient noise, interchange construction beside the project until April 2027, and partly issued pink books to verify unit by unit.
Investor: A liquid, expat-driven rental case with a ceiling on exit pricing. Metro Line 1 and the Thảo Điền corridor support a deep tenant pool, and resale listings are active across both towers at a typical ~115M VND/m², though asks vary widely by unit and snapshot. Main risks are a thin buyer pool at the top of the price range, pink books only partly issued, and 12–15% floating mortgage rates limiting buyer demand.
Price & Market
Current Market Price
115 triệu/m²
📈+21% since launch
Market range
98 triệu – 200 triệu/m²
Unit price
5,85 tỷ – 19 tỷ
Rent
21 triệu – 55 triệu/mo
Launch price
95 triệu/m²
Est. Rental Yield3.7%
•🟢 Metro Line 1 has been fully operational since December 2024 and carried 20.5 million passengers in 2025 (121.6% of target), reinforcing demand for units near An Phu Station.
•🟡 Ring Road 3’s elevated section opened April 30, 2026 and An Phu Interchange is due April 2027, which should ease access over time but keeps construction disruption beside the project until then.
•🟡 Typical resale pricing of about 115M VND/m² is roughly 5% above the upper-mid peer median and sits inside the corridor range set by Masteri Thao Dien and The Nassim.
•🟡 According to CBRE (May 2026), former-HCMC condo secondary prices rose 32.3% year on year in Q1 2026, but 12–15% floating mortgage rates are the main headwind to buyer demand.
•🔴 Pink books are only partly issued, with the first 50 issued in August 2024 and no later batch announced, which can add friction for financing and resale on unissued units.
Last updated: October 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:
✓Homeowners who want walkable dining and shopping in Thảo Điền with a metro option nearby
✓Families who want an international school next door
✓Professionals commuting to District 1 by Metro Line 1 or bus
Not ideal for:
✗Light sleepers or anyone who needs a quiet street
✗Mid-range budget or first-time buyers
Market Trends
Resale pricing centres on about 115M VND/m², with the latest listing snapshot spanning roughly 100–150M; higher bedroom-level asks look mix-driven rather than a confirmed re-rating.
Decision Factors
Strengths
✓Daily life is walkable: Estella Place and Tops Market are next door, with the Thảo Điền restaurant cluster around them.
✓An Phu Station on Metro Line 1 is about 870 m away; the line carried 20.5 million passengers in 2025, supporting rental demand for transit-adjacent units.
✓The International School Ho Chi Minh City – American Academy is next door, which makes school runs a short walk for families.
✓A delivered Masterise build with a 9,500+ m² podium amenity deck, and low flood risk.
Tradeoffs
!Ambient noise is rated high, from the boulevard frontage and a bar cluster within about 300 m; quietness is the weakest neighborhood score.
!The 1.9 ha site is compact for about 1,030 units, so ground-level green space is limited.
!Typical resale pricing of about 115M VND/m² sits roughly 5% above the upper-mid peer median, with luxury-tier ticket sizes that narrow the buyer pool.
Watch items
?Pink books are partly issued: the first 50 were issued in August 2024 and no later batch has been publicly announced as of October 2026, so verify each unit’s status with the developer before transacting.
?An Phu Interchange beside the project is about 78% complete, with full completion targeted for April 30, 2027 and conditional on land clearance, so construction disruption may continue until then.
?Price evidence is thin and uneven (bedroom-level asks of 150–175M VND/m² against a ~115M typical), and there is no resident review digest, so verify comparable sales, management quality and parking before committing.
Project Details
Developer
Masterise Homes
Status
Delivered 2023
Total Units
1030
Legal Information
Handover
2023-12-09
Construction Permit
Approved
Pink Book
Partial
Legal Notes
Vietnamese nationals receive long-term pink books; foreign nationals receive 50-year-term pink books. First batch of 50 pink books was issued in August 2024, about eight months after the December 2023 handover. Searches in October 2026 found no new publicly announced batch dates or issuance percentage; Masterise Homes media and listings (August 2026) describe pink book handovers as ongoing and show resale units with pink books. Buyers should verify individual unit status with the developer or sales agent before transacting.
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.
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 metro access and the premium specification.
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.
Explore Vietnam
Delivered 2023
