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 – 33 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.
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 genuinely strong at this address. Kid's World 1 — one of HCMC's top private preschools — is a 2-minute walk away, and the Korean International School is next door, covering early-to-primary education without leaving the immediate neighbourhood.
90*
Leisure Score
Excellent
Lifestyle options are strong, with a varied spread of cafés, restaurants, and casual dining all within walking distance of the project. Crescent Mall — one of HCMC's top suburban shopping centres — is nearby for weekend retail and entertainment.
78
Convenience
Good
Daily convenience is solid, with a supermarket and convenience options available from within the development itself. Kingfoodmart is a short walk away for fuller grocery shopping.
66
Health
Good
Health access is well-served. FV Hospital — one of HCMC's top private hospitals — is 1.8 km away, supported by a cluster of clinics and pharmacies within the immediate neighbourhood for routine care.
62
Transit Access
Good
Bus stops are within a short walk, linking to central Saigon routes, while the nearest operating metro station (Ben Thanh) is 8.4 km away — transit at this address remains bus-dependent for now.
70*
Commute Ease
Good
54 min to Q1 Bến Thành via 139 → 20. 7 min walk to bus stop, 1 transfer.
2
Nightlife
Below Avg
No concentrated nightlife scene exists in the Nam Viên residential pocket. Evenings here follow a family-and-residents cadence — the area is oriented around park life and school proximity rather than late-night social activity.
28
Quietness
Below Avg
Noise levels are rated high for this address. Several bars and local nightlife venues within 300 metres generate ambient evening activity that outweighs the calming effect of the adjacent park.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
8.1
🏠 Homeowner
Good
7.7
📈 Investor
Good
Better for long-term living than for investing.
A boutique park-side condo in PMH's lowest-density zone, priced meaningfully below the upper-mid peer median with clean legal title — a strong fit for families and long-term residents who value green space over on-site amenity variety. The small site limits facility depth and bus-dependent commutes to the CBD run around 54 minutes.
🏠 Homeowner
Value
8
Livability
8.2
Legal & delivery
8.7
Location & connectivity
7.7
📈 Investor
Value
8
Returns & exit
7.3
Legal & delivery
8.7
Location & demand
7.5
Why the scores differ
Homeowner: A solid choice for homeowners prioritising park-side living in PMH. Phú Mỹ Hưng developer quality, fully-issued pink books, and a prime low-density location in Nam Viên give this boutique project genuine appeal — pricing also lands meaningfully below the upper-mid peer median. The tradeoffs are a small site with limited on-site amenity variety and a high-noise environment for what looks like a quiet residential address.
Investor: A reasonable income investment with a clear tenant pool — expat families and Vietnamese executives drawn to PMH's greenest residential pocket. Gross yield of roughly 3–4% is acceptable for the segment but below the threshold for a strong rental case; pink books eliminate transaction friction for resale. Three infrastructure catalysts (Thu Thiem 4 Bridge, Nguyen Huu Tho elevated road, VinSpeed metro) target Q4 2028; boutique supply of 241 units keeps resale inventory thin, which supports prices but limits secondary-market depth.
Price & Market
Current Market Price
85 triệu/m²
📈+130% since launch
Market range
72 triệu – 153 triệu/m²
Unit price
8 tỷ – 33 tỷ
Rent
22 triệu – 131 triệu/mo
Launch price
37 triệu/m²
Est. Rental Yield4.5%
•🟢 Secondary prices approximately 24% below the upper-mid peer median signal genuine value within the PMH ecosystem — buyers receive developer quality and Phú Mỹ Hưng management at a meaningful discount to most township comparables
•🟢 Resale snapshots show 2BR up approximately 6% and 3BR up approximately 7% since May 2026, consistent with the broader HCMC secondary-market appreciation trend tracked by CBRE at +32% year-on-year as of Q1 2026
•🟢 Pink books fully issued across all 241 units — removes transaction friction and reduces legal risk relative to PMH peers with partial or pending documentation
•🟡 Three near-term infrastructure catalysts — Thu Thiem 4 Bridge (approved), Nguyen Huu Tho elevated road (Q4 2026 groundbreaking confirmed), VinSpeed Ben Thành–Cần Giờ metro (under construction) — are all confirmed or in progress but target Q4 2028; value uplift is forward-dated
•🟡 Boutique supply of 241 units keeps resale inventory structurally thin — a price-support dynamic, but also a constraint on buyer choice and secondary-market depth that buyers should verify with current listing counts before transacting
Last updated: June 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 prioritising park views, low density, and a PMH community feel
✓Homeowners seeking PMH developer quality and management below the luxury price band
✓Buyers who want a clean legal title and a fully-delivered building with no construction risk
Not ideal for:
✗Homeowners who need walkable retail, dining, and entertainment on their doorstep
✗Commuters who travel daily to District 1 and need faster CBD access than 54 minutes by bus
Market Trends
Secondary prices have risen across both apartment configurations since May 2026, with 2BR units now around 85M/m² and 3BR around 91M/m², continuing the steady appreciation trajectory from the 2016 launch price of approximately 37M/m².
Decision Factors
Strengths
✓Park-adjacent in PMH's lowest-density zone — a 20,000 m² park directly faces the project within the 45,000 m² Nam Viên network, the most green-space-rich setting available in Phú Mỹ Hưng
✓Pink books fully issued across all 241 units — clean legal title with no outstanding documentation risk
✓Secondary prices approximately 24% below the upper-mid peer median — buyers access PMH developer quality and management at a genuine discount to most comparables in the township
✓Korean International School next door (360 m) and Kid's World 1 preschool a 2-minute walk away — strong school access for families without a car trip
Tradeoffs
!Small 0.52 ha site — fewer on-site facilities than larger PMH projects at similar price points; residents depend on the Nam Viên park network and broader PMH infrastructure for daily life
!High noise environment despite the park-side setting — bars and local nightlife venues within 300 m generate ambient evening activity above typical PMH residential levels
!Bus-dependent commute to the CBD at around 54 minutes — no metro within walking distance and the project's 2017 build means residents have been working around this for years
Watch items
?Three infrastructure catalysts — Thu Thiem 4 Bridge (approved), Nguyen Huu Tho elevated road (Q4 2026 groundbreaking, Q4 2028 completion target), VinSpeed Ben Thành–Cần Giờ metro (geological drilling underway, site handover November 2026) — all target Q4 2028 or later; District 7 metro stations are a later-stage addition beyond the initial 2028 scope
?New 2026 HCMC land price table applies to all secondary transactions in District 7 — buyers should recalculate registration and transfer fees under the updated rates before committing
?Boutique resale pool of 241 units — verify active comparable listings and recent transaction prices directly, as thin inventory means individual listings can move the apparent market rate significantly
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
11 tỷ – 33 tỷ
109 triệu/m²
Singles & couples
Project Details
Developer
Công ty TNHH Phát triển Phú Mỹ Hưng
Status
Delivered 2017
Total Units
241
Towers
2
Legal Information
Launch Date
2016-05
Handover
2017-01-15
Construction Permit
Approved
Pink Book
Issued
Pink Book %
100%
Legal Notes
Pink books confirmed fully issued across all 241 units (233 apartments + 8 shophouses). Project launched May 2016, handed over January 2017, approximately one year ahead of the original Q4 2018 commitment. Ownership is long-term freehold for Vietnamese citizens. Managed by Phú Mỹ Hưng Development Corporation. Re-searched June 2026 (sổ hồng, giấy phép xây dựng, pháp lý Nam Phúc Le Jardin) — no new legal issues identified.
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
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
A close-knit community of owner-occupier families and long-term tenants, primarily Vietnamese executive households and Japanese expat families drawn by the park-side, low-density character of Nam Viên and proximity to international schools within the wider Phú Mỹ Hưng township. Residents here tend to prioritise green space and a settled neighbourhood feel over urban convenience.
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 - 33 tỷ
72 triệu - 153 triệu/m²
🏢
B
0 listings
8 tỷ - 33 tỷ
72 triệu - 153 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.
Explore Vietnam
Delivered 2017
