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Explore VietnamPhú Mỹ Hưng Development Corporation
Delivered 2004 · Pink books 100%
One of the first Phú Mỹ Hưng condominiums in the Cảnh Đồi precinct, directly opposite Saigon South International School (SSIS) — large 3-bedroom apartments with permanent pink book ownership in the most school-accessible position within the Hillview zone
Mỹ Phúc is a residential apartment project by Phú Mỹ Hưng Development Corporation in the Cảnh Đồi (Hillview) precinct of Phú Mỹ Hưng, District 7. The development comprises three mid-rise blocks (A, B, C) ranging from 9 to 16 floors, predominantly offering spacious 3-bedroom units of 105–124 m² with permanent ownership certificates. Positioned directly opposite Saigon South International School (SSIS) and Đinh Thiện Lý School, the project sits within Phú Mỹ Hưng's planned green urban environment and benefits from the developer's managed infrastructure.
Balanced for both homeowners and investors.
Mỹ Phúc offers direct SSIS-adjacent living in Phú Mỹ Hưng's Cảnh Đồi area with fully-issued pink books, a stable expat family community, and pricing 23% below the mid-tier peer median — buyers should factor in high ambient noise from a bar within the complex boundary and a 2004-vintage build that will require interior investment.
Homeowner: A solid homeowner choice for families in Phú Mỹ Hưng's school corridor. Being directly opposite SSIS — one of HCMC's top international schools — is a structural advantage rarely matched in the area, and all pink books are fully issued with no outstanding legal risks. The main tradeoff is a noisy environment from a bar operating within the complex boundary, combined with early-2000s build quality that shows in common-area finish; families prioritising the school walk will typically accept these in exchange for the access.
Investor: The rental case rests on a structurally recurring tenant pool — expat families relocating for SSIS enrolment drive consistent year-on-year demand in this micro-location. Published rents of 17–35M/month imply gross yields above 5% at current secondary prices, and the resale market is documented with active listings. The main exit constraint is the 3BR-only unit mix: without compact formats, the pool of resale buyers is narrower than comparable multi-type PMH projects.
| Market range | 35 triệu – 110 triệu/m² |
| Unit price | 3 tỷ – 24 tỷ |
| Rent | 13 triệu – 65 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Mỹ Phúc | 50 triệu/m² | — |
| Grand View | 101 triệu/m² | 0.2 km |
| Riverpark Premier | 150 triệu/m² | 0.2 km |
| Riverpark Residence | 120 triệu/m² | 0.4 km |
Secondary resale prices for 3BR units are observed at 46–50M/m² — a meaningful discount to newer mid-tier Phú Mỹ Hưng peers, with the school-corridor premium partly offset by the 2004 vintage.
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | Delivered 2004 |
| Total Units | 960 |
| Towers | 3 |
| Handover | 2004 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All units hold permanent pink books (sổ hồng vĩnh viễn). Project completed and handed over in 2004. Managed by Phú Mỹ Hưng Development Corporation. Long-term ownership for Vietnamese citizens; foreigners subject to 50-year leasehold per law. Four other newer Phú Mỹ Hưng projects had pink book blockage resolved in May 2026 — Mỹ Phúc is unaffected, with all certificates issued since 2004. Re-searched June 2026: sổ hồng Mỹ Phúc, pháp lý Phú Mỹ Hưng 2026 — fully issued status reconfirmed. |
Mỹ Phúc
| CBD (peak) | 37 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 78 min |
| Airport (off-peak) | 54 min |
| Long Thành (peak) | 69 min |
| Long Thành (off-peak) | 57 min |
A stable owner-occupier and expat rental community within Phú Mỹ Hưng. Direct adjacency to SSIS and Đinh Thiện Lý School draws expat families and Vietnamese professional households seeking school proximity; the Korean community is also well-represented, reflecting nearby Korean dining and specialist services. The project maintains high occupancy with a family-oriented resident base typical of Phú Mỹ Hưng's Cảnh Đồi area.
