VI
Nam Phúc Le Jardin Delivered 2017
Delivered 2017

Nam Phuc Le Jardin - Nam Vien Boutique Condo, Phu My Hung District 7

Công ty TNHH Phát triển Phú Mỹ Hưng

Delivered 2017 · Pink books 100%

Boutique 241-unit PMH project in Nam Viên — the lowest building-density zone in Phú Mỹ Hưng — with a French garden design concept, 45,000 m² of surrounding parkland, and full Phú Mỹ Hưng developer quality and management

💰 8 tỷ – 19,3 tỷ📏 85 triệu/m²🏗️ Delivered 2017🏢 241 units

Nam Phúc – Le Jardin is a boutique apartment development by Phú Mỹ Hưng Development Corporation in the Nam Viên district of Phú Mỹ Hưng, District 7 — the zone the developer markets as Phú Mỹ Hưng's lowest building-density green heart. Two 22-floor towers share a 4-floor podium on a 5,220 m² site, delivering 233 apartments in 2BR and 3BR configurations (91–164 m²) and 8 ground-floor shophouses. The project borders a 20,000 m² public park and draws its French garden design concept from its setting within the 45,000 m² Nam Viên park network.

Project news

Nguyen Huu Tho elevated road approved: Q4 2026 groundbreaking, Q4 2028 completion targeted
Construction · Jun 2026 · domo.vn

Area news

HCMC new official land price list effective January 1, 2026
Policy · Jan 2026 · en.sggp.org.vn

Neighborhood

85*
Family Score
Excellent
Family appeal is strong. Kid's World 1 preschool is about 140 m away and Korean International School HCMC about 360 m, supporting short school runs, with Nam Viên Park on the doorstep.
90*
Leisure Score
Excellent
Lifestyle options are strong for a boutique address. Cafés and casual dining are within roughly 250 m, and Crescent Mall is about 1.5 km away for larger outings.
78
Convenience
Good
Daily essentials are well covered. A 7-Eleven and K Supermarket sit inside the development, so routine shopping needs no car trip.
66
Health
Good
Medical access is clearly positive. FV Hospital is about 1.8 km away for full-service care, and pharmacies and dental and orthopedic clinics are within about 400 m for routine needs.
62
Transit Access
Good
Walking access to transit is moderate: the nearest bus stop is about 290 m away, and Ben Thanh Station, the nearest metro anchor, is about 8.4 km away.
70*
Commute Ease
Good
54 min to Q1 Bến Thành via 139 → 20. 7 min walk to bus stop, 1 transfer. The Nguyễn Hữu Thọ elevated road and Thu Thiêm 4 Bridge are both targeted for around the end of 2028.
2
Nightlife
Below Avg
There is no dedicated nightlife district in the area. Evenings are residential in character, with no concentration of late-night venues within walking range.
28
Quietness
Below Avg
Quietness is a weakness here. Several local bars and karaoke venues sit within roughly 100-300 m, so ambient noise is rated high despite the adjacent park.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

8
🏠 Homeowner
Good
7.7
📈 Investor
Good

Balanced for both homeowners and investors.

A boutique, fully titled Phú Mỹ Hưng apartment facing a 20,000 m² park, with schools and daily retail close by and pricing (85M/m²) about 23% below the upper-mid peer median. The tradeoff is a noisy street scene and a slow commute to District 1.

🏠 Homeowner
Value
7.9
Livability
7.7
Legal & delivery
8.7
Location & connectivity
7.7
📈 Investor
Value
7.9
Returns & exit
7.3
Legal & delivery
8.7
Location & demand
7.5
Why the scores differ

Homeowner: A good choice for homeowners who want a low-density, park-side address in Phú Mỹ Hưng with clean title: pink books are fully issued, the developer manages the building, and a preschool and Korean International School sit within about 400 m. The tradeoff is that the area is not quiet, with bars and karaoke venues within a few hundred metres, and daily trips to District 1 are slow by bus.

Investor: A steady, liquidity-and-title story rather than a high-yield one. Fully issued pink books, an established expat and executive-family tenant pool and a listing market with active resale and rent support the exit, but gross yield of about 3-4% and a 241-unit pool with high ticket sizes keep it from the top band. Recent comps are inconsistent (85-91M/m² for 2BR/3BR versus about 106M/m² in the latest snapshot), so verify before pricing.

Price & Market

Current Market Price
85 triệu/m²
📈 +130% since launch
Market range72 triệu – 117,8 triệu/m²
Unit price8 tỷ – 19,3 tỷ
Rent22 triệu – 131 triệu/mo
Launch price37 triệu/m²
Est. Rental Yield6.7%
  • •🟢 Legal is the anchor: pink books are 100% issued and the building has been delivered since January 2017, which supports liquidity.
  • •🟢 At 85M/m², the canonical price sits about 23% below the upper-mid peer median of 110M/m² (n=41), which is a value gap relative to comparable projects.
  • •🟡 Three infrastructure catalysts are approved or underway: the Nguyễn Hữu Thọ elevated road (groundbreaking Q4 2026, completion targeted Q4 2028), Thu Thiêm 4 Bridge (groundbreaking Q4 2026, completion around end-2028) and the Bến Thành-Cần Giờ metro (commercial operation 2028, with District 7 stations in a later stage).
  • •🟡 CBRE (Q1 2026) puts the former-HCMC condominium secondary price at about VND 67M/m² (+32.3% y-o-y) with 76% absorption; rising floating mortgage rates of 12-15% remain the main headwind for buyers.
  • •🔴 Noise and a 54-minute bus commute to Bến Thành are the daily-life costs, and gross rental yield of roughly 3-4% leaves little cushion against financing at current mortgage rates.
Last updated: October 2026

Is this a good deal?

🟢 ~20% cheaper than comparable projects
Project Price Distance
Nam Phúc Le Jardin 85 triệu/m² —
Antonia 118 triệu/m² 0.2 km
Ascentia 110 triệu/m² 0.3 km
Mỹ Viên 68 triệu/m² 0.3 km
Aurora 130 triệu/m² 0.3 km

Should you buy here?

Best for:
  • ✓Families wanting park-side, low-density living near international schools
  • ✓Long-term homeowners who value title certainty and developer-run management
  • ✓Buyers who want boutique scale inside the established PMH township
Not ideal for:
  • ✗Buyers who need a quiet street at night
  • ✗Commuters needing fast access to the District 1 CBD

Decision Factors

Strengths

  • ✓Pink books are fully issued for all 241 units and the building was handed over in January 2017, so title and delivery risk are effectively closed.
  • ✓The project faces a 20,000 m² public park in Nam Viên, PMH's lowest-density zone, and a 7-Eleven and K Supermarket sit within the development.
  • ✓Kid's World 1 preschool is about 140 m away, Korean International School HCMC about 360 m, and FV Hospital about 1.8 km, which suits families with children.
  • ✓The canonical price of 85M/m² is about 23% below the upper-mid peer median of 110M/m² (n=41).

Tradeoffs

  • !Noise is rated high: bars and karaoke venues sit within roughly 100-300 m, so the park-side setting is not a quiet one.
  • !Daily trips to District 1 are slow: about 54 minutes by bus with one transfer, and no metro or mall is within walking distance.
  • !Gross rental yield is modest at roughly 3-4%, and the 241-unit pool with 8-12 billion VND tickets limits resale depth.

Watch items

  • ?Price evidence is inconsistent: 2BR and 3BR resale snapshots sit at 85-91M/m², while the August 2026 snapshot reads about 106M/m². Verify recent comps before negotiating.
  • ?The 2017 building is reaching the age where common-area mechanical systems need attention and no resident review digest is available, so ask about the maintenance fund (about 1 USD/m²/month) and past repairs.
  • ?Transfer costs should be recalculated under HCMC's new land price list effective 1 January 2026; the Nguyễn Hữu Thọ elevated road and Thu Thiêm 4 Bridge (about end-2028) are upside, not base case.

Unit Types

Apartments

2BR
2 Beds · 2 Baths · 91–130 m²
8 tỷ – 12 tỷ
82 triệu/m²
Rent: 22 triệu - 28 triệu/mo
Young families
3BR
3 Beds · 2–3 Baths · 102–164 m²
9 tỷ – 12 tỷ
88 triệu/m²
Rent: 23 triệu - 35 triệu/mo
Growing families

Shophouses

Shophouse
0 Beds · 1 Baths · 155–201 m²
Under review
≈ 13,18 tỷ – 17,09 tỷ est.
85 triệu/m²
Singles & couples

Project Details

DeveloperCông ty TNHH Phát triển Phú Mỹ Hưng
StatusDelivered 2017
Total Units241
Towers2

Amenities

👨‍👩‍👧 Family: Children's play area on the amenity podium. The adjacent 20,000 m² park and the broader 45,000 m² Nam Viên network provide extensive outdoor space for families. International schools within Phú Mỹ Hưng — including SIS, RMIT Vietnam, and Đinh Thiện Lý — are reachable within a short drive.
🏋️ Fitness: French-style swimming pool and spa on the podium amenity level — the spa distinguishes this project from standard gym-and-pool offerings in PMH's upper-mid segment. A gym is also available on the podium level.
🏖️ Lifestyle: 8 ground-floor shophouses serve basic retail and service needs without leaving the complex. Crescent Mall — Phú Mỹ Hưng's main lifestyle retail center — is approximately 2 km away. The Nam Viên park network and PMH's internal walkways provide a pleasant daily outdoor environment.
🛒 Convenience: Each apartment includes dedicated car and motorbike parking in the podium basement. 24/7 security at all entry points with CCTV monitoring. Separate private reception lobbies for each tower. Building managed by Phú Mỹ Hưng Development Corporation.
🏊 Pool🌳 Garden🧒 Play Area🔒 Security🏛️ Clubhouse🅿️ Car Parking🏋️ GymShophouse Street🏍️ Motorbike Parking

Location & Commute

Nam Phúc Le Jardin

23 min
District 1 CBD
52 min
Tân Sơn Nhất Airport
59 min
Long Thành Airport
CBD (peak)30 min
CBD (off-peak)23 min
Airport (peak)67 min
Airport (off-peak)52 min
Long Thành (peak)64 min
Long Thành (off-peak)59 min
🚇
Metro
Ben Thanh Station
8.4km
🛍️
Mall
Crescent Mall
Nearby
🛒
Supermarket
Kingfoodmart
Short walk
🏫
Schools
Korean International School HCMC
Next door
🏥
Hospitals
FV Hospital
1.8km
🌳
Park
Công viên Cảnh viên
Nearby
Major Roads
Đường số 17 — the project's direct frontage road within Phú Mỹ Hưng, connecting the Nam Viên zone to Nguyễn Lương Bằng BoulevardNguyễn Lương Bằng Boulevard — the main north-south arterial of Phú Mỹ Hưng, accessible within 5 minutes and linking to the broader District 7 and District 1 road networkNguyễn Văn Linh Parkway — the main east-west expressway linking District 7 to central Ho Chi Minh City, reachable within 10 minutes via Phú Mỹ Hưng's internal road network
🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

Mostly owner-occupier families and long-term tenants, including Vietnamese executive families and Japanese expat households drawn to the park-side setting and the international schools nearby. Residents should expect a lively street scene around the project rather than a silent enclave.

Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Lương Bằng sees moderate congestion during peak hours, particularly near the Nguyễn Văn Linh ...
Nguyễn Lương Bằng sees moderate congestion during peak hours, particularly near the Nguyễn Văn Linh intersection. The Nam Viên pocket itself is quiet, with wide internal roads and low through-traffic. Access from central PMH is smooth during off-peak hours.
→ Multiple internal PMH routes provide alternatives to Nguyễn Lương Bằng during peak hours. The Nam Viên location is quieter than the central PMH Crescent/Midtown axis, making daily circulation less stressful.
🌊 Flood Risk
Phú Mỹ Hưng's engineered drainage and elevated site levels have historically shielded the area from ...
Phú Mỹ Hưng's engineered drainage and elevated site levels have historically shielded the area from the severe flooding common in surrounding parts of District 7. Minor surface pooling during heavy rain is possible but persistent flooding is uncommon.
→ PMH's dedicated drainage channels and elevated foundations provide structural protection. The 4-floor podium keeps all residential floors well above street level, adding a buffer during exceptional rain events.

Sub-zones

🏢
A
0 listings
8 tỷ - 19,3 tỷ
72 triệu - 117,8 triệu/m²
🏢
B
0 listings
8 tỷ - 19,3 tỷ
72 triệu - 117,8 triệu/m²

Notable Places

French-Style Pool
French garden-themed swimming pool on the amenity podium — the themed design concept sets it apart from the standard lap pools typical of upper-mid PMH buildings, and anchors the project's Le Jardin (The Garden) identity.
Spa
On-site spa facility on the podium amenity level — uncommon in boutique upper-mid projects of this scale within PMH, adding a wellness layer beyond the standard gym-and-pool package.

Projects by Developer

Growth Catalysts

  • 🚧Ben Thành–Cần Giờ metro: geological drilling underway May 2026; site handover to VinSpeed targeted November 2026 (2028)
  • 🚧Thu Thiem 4 Bridge: approved, groundbreaking targeted Q4 2026, completion targeted end-2028 (2028)
  • 🚧Nguyen Huu Tho elevated road: Q4 2026 groundbreaking confirmed, completion targeted Q4 2028 (2028)
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This area scores 90 for Leisure Score · 85 for Family Score

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