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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.
A fully titled home next to Saigon South International School with large 3BR layouts, priced at about 50M/m², roughly 23% below the mid-segment median. Buyers should accept high ambient noise from nearby bars, a dated 2004 building with no resident review digest to verify management, and a 37-minute bus commute to Q1.
Homeowner: A solid choice for homeowners who prioritise schools and space. Pink books are fully issued, Saigon South International School is next door, and the 105-124 m² 3BR layouts come with a pool, tennis court and gym at a resale price well below the mid-segment median. The trade-offs are high ambient noise from nearby bars, a dated 2004 building and a bus-only trip to District 1.
Investor: A clean-title holding with a clear tenant pool but unproven trend data. Expat school families support rental demand and resale asks near 50M/m² sit below the mid-segment median, yet rent asks are widely dispersed, each price segment has a single snapshot, and the 2004 building is dated. Returns rest on Phú Mỹ Hưng's established demand rather than a near-term catalyst.
| 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 | 98 triệu/m² | 0.2 km |
| Riverpark Premier | 150 triệu/m² | 0.2 km |
| Riverpark Residence | 130 triệu/m² | 0.4 km |
Secondary snapshots from May 2026 centre on about 50M/m² (range 35-65M), with no earlier readings yet to show a direction.
| 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. Re-checked October 2026 (Mỹ Phúc tin tức 2026, sổ hồng): no new legal issues found; fully issued status unchanged. Mỹ Phúc was unaffected by the May 2026 pink book blockage that affected four newer Phú Mỹ Hưng projects. |
Mỹ Phúc
| CBD (peak) | 30 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 67 min |
| Airport (off-peak) | 49 min |
| Long Thành (peak) | 63 min |
| Long Thành (off-peak) | 59 min |
A stable homeowner and expat rental community within Phú Mỹ Hưng. Being next to Saigon South International School and Đinh Thiện Lý School draws expat families and Vietnamese professional households who want a short school run. The project maintains high occupancy with a family-oriented resident base typical of the Cảnh Đồi zone.
