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4 of 4 delivered
Phú Mỹ Hưng, Daiwa House Group, Nomura Real Estate, Sumitomo Forestry
4 of 4 sub-zones delivered
Vietnam's only Japanese-Vietnamese joint venture luxury residential project — Japanese build quality, an on-site cherry blossom park, and Phú Mỹ Hưng's master-planned environment make this District 7's most prestigious address.
Midtown Phú Mỹ Hưng is a 5.6-hectare luxury residential development in Tân Phú Ward, District 7, built by a joint venture of Phú Mỹ Hưng with Japanese partners Daiwa House Group, Nomura Real Estate, and Sumitomo Forestry. Four branded phases — The Grande (M5), The Symphony (M6), The Signature (M7), and The Peak (M8) — deliver 2,150 apartments and over 240 shophouses across buildings ranging from 9 to 30 floors, anchored by Sakura Park, Vietnam's first cherry blossom-themed public park designed by Thailand's Landsculptor Studio.
Balanced for both homeowners and investors.
A premium, fully delivered Japanese joint-venture address in Phú Mỹ Hưng that suits expat and long-stay families, with Sakura Park, the Japanese School and FV Hospital close at hand. Buyers trade that for car-dependent access to District 1 with no District 7 metro, high ambient noise and pricing at a premium to comparable projects.
Homeowner: A strong choice for homeowners who drive and value schools, parks and Japanese-standard build quality. Sakura Park sits inside the development, the Japanese School is next door and FV Hospital is about 1.4 km away. The compromises are a car-dependent commute to District 1 with no metro in District 7, high ambient noise and premium pricing.
Investor: The case rests on stability rather than upside. A deep expat tenant base, four delivered sub-zones and an active resale market support liquidity, but gross rental yields of roughly 3.5–4.2% and premium pricing for the segment cap returns. New mid-range supply in Phú Mỹ Hưng and entry tickets above 8.7 billion VND narrow the pool of exit buyers.
| Market range | 95 triệu – 170 triệu/m² |
| Unit price | 8,7 tỷ – 35 tỷ |
| Rent | 26 triệu – 105 triệu/mo |
| Launch price | 63 triệu/m² |
| 1 BR | 17 triệu – 26 triệu/mo |
| 2 BR | 26 triệu – 45 triệu/mo |
| 3 BR | 45 triệu – 70 triệu/mo |
| 4 Beds | 75 triệu – 105 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Midtown | 126 triệu/m² | — |
| Golden King | 60 triệu/m² | 0.4 km |
Resale asks anchor around 126 million VND/m² (roughly 95–170 million by sub-zone and floor), with mixed May–June 2026 snapshot moves that likely reflect listing mix.
| Developer | Phú Mỹ Hưng, Daiwa House Group, Nomura Real Estate, Sumitomo Forestry |
| Status | 4 of 4 delivered |
| Total Units | 2150 |
| Towers | 14 |
| Launch Date | 2017 |
| Handover | 2019-06-20 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Legal Notes | All four sub-zones delivered between June 2019 (The Grande) and Q1 2022 (The Peak). Pink books confirmed issued for M5 (The Grande), M6 (The Symphony), and M7 (The Signature) in October 2022. M8 (The Peak) pink books are believed fully issued based on post-handover timeline and secondary-market listings citing sổ hồng, but no official confirmation was found. Vietnamese nationals hold permanent freehold; foreign nationals eligible for 50-year leasehold. Managed by Công ty CP Phát triển Phú Hưng Thái. Searched October 2026: no new legal or construction news. Buyers should verify individual unit pink book status directly with sellers before transacting. |
Midtown
| CBD (peak) | 28 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 64 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 62 min |
| Long Thành (off-peak) | 57 min |
A well-established international community of Japanese, Korean and Taiwanese expatriates alongside affluent Vietnamese professionals. The Japanese developer partnership has drawn a notable Japanese community — The Peak sub-zone includes a dedicated school bus stop for the Japanese school.
