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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.
District 7's most mature Japanese-quality luxury address — Sakura Park within the development, The Japanese School next door, and pink books across all four sub-zones set the benchmark for the Phú Mỹ Hưng market. The tradeoff is full car-dependency and a 12% price premium over the upper_mid peer median.
Homeowner: A strong choice for homeowners who prioritise build quality and international school access above all else. The Japanese JV partnership (Daiwa House, Nomura Real Estate, Sumitomo Forestry), Vietnam's only on-site cherry blossom park, and The Japanese School next door create a living environment no other District 7 project replicates. The honest trade: the area is car-dependent, ambient noise is high from Nguyễn Lương Bằng traffic, and the ~126M/m² entry sits above the upper_mid segment average.
Investor: The rental case is among HCMC's clearest — ~95% occupancy backed by a self-reinforcing Japanese and Korean expat community, pink books issued, and active resale liquidity across all four sub-zones. Yield trades in the 3.7–4.5% gross range; older sub-zones (The Grande, The Symphony) offer better entry-to-rent ratios. Two forward transit catalysts targeting 2028 (Thu Thiem 4 Bridge, VinSpeed metro along Nguyễn Văn Linh) extend the appreciation thesis but are not yet operational.
| 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 |
Midtown's secondary market is bifurcated heading into mid-2026 — The Symphony and Signature sub-zones posted sharp appreciation while The Peak's 3-bedroom listings retreated; project-level pricing anchors at ~126M/m², 12% above the upper_mid peer median.
| 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) was handed over in Q1 2022; based on post-handover timeline and secondary-market listings citing sổ hồng availability, pink books are believed to be fully issued across all M8 units. Vietnamese nationals hold permanent freehold; foreign nationals eligible for 50-year leasehold. Managed by Công ty CP Phát triển Phú Hưng Thái — the joint-venture entity of Phú Mỹ Hưng and three Japanese partners (Daiwa House, Nomura Real Estate, Sumitomo Forestry). Searched June 2026: no blocking legal or construction news found for Midtown PMH. Buyers should verify individual unit pink book status directly with sellers before transacting. |
Midtown
| CBD (peak) | 35 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 76 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 69 min |
| Long Thành (off-peak) | 55 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 next door.
