VI
Palm City 3 of 4 delivered
3 of 4 delivered

Palm City

Huong Viet Holdings

3 of 4 sub-zones delivered · 1 upcoming

💰 2,2 tỷ – 25 tỷ📏 65,5 triệu/m²🏗️ 3 of 4 delivered

Project news

Palm Heights pink books unissued as of November 2025 — mandatory childcare facility not yet built
Legal · Nov 2025 · thuviennhadat.vn
Palm River: pile-drilling underway at CC3 tower cluster; formal sub-zone launch ceremony held June 16, 2026
Construction · Jun 2026 · cityrise.vn
Palm River officially launches primary sales (April 2026)
Construction · Apr 2026 · latien-villa.vn
Keppel Land exits Palm City: sells entire 42% stake to Gateway Thu Thiem for ~$102M
Legal · Mar 2025 · tuoitre.vn

Neighborhood

75*
Family Score
Good
Family appeal is strong, with preschools and English-language schools within roughly 400-750 m that keep daily drop-offs short. AIS Saigon – Xi Campus, about 1.3 km away, adds one of HCMC's best international school options.
87*
Leisure Score
Excellent
Everyday leisure is a clear strength. Casual restaurants and cafés sit within roughly 400-700 m, and Estella Place mall, about 1.9 km away, covers larger weekend outings.
74
Convenience
Good
Daily essentials are covered at a basic level. A convenience store and pharmacy sit within the development and bank branches are about 430 m away, but no named supermarket is confirmed inside the project yet.
66
Health
Good
Medical access is clearly good for routine care. A pharmacy within the development and paediatric, dental and diagnostic clinics within roughly 450-600 m cover everyday needs, with Gia Dinh People's Hospital about 4.6 km away for inpatient care.
50
Transit Access
Average
A bus stop is about 580 m away, but the nearest metro station, Rach Chiec on Line 1, is about 2.0 km out.
70*
Commute Ease
Good
56 min to Q1 Bến Thành via 88. 18 min walk to bus stop. Metro Line 1's Rach Chiec Station is about 2.0 km away, beyond easy walking distance.
4
Nightlife
Below Avg
Nightlife is minimal. There is no dedicated bar or club district nearby, so evenings are mostly residential, with only a handful of small lounge and karaoke venues roughly 500 m to 1.5 km away.
59
Quietness
Average
Noise exposure is moderate rather than quiet. A few lounge bars and karaoke venues lie roughly 500 m to 1.5 km away, so evenings are generally calm but not silent.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.2
🏠 Homeowner
Solid
7
📈 Investor
Solid

Balanced for both homeowners and investors.

An established An Phu township that gives homeowners schools, clinics and a mall within about 2 km at roughly mid-segment pricing (~66M/m²). The trade-off is title and timing: Palm Heights pink books remain unissued, Palm Garden needs unit-level checks, and Palm River construction plus intersection works are still under way.

🏠 Homeowner
Value
7
Livability
7.5
Legal & delivery
7
Location & connectivity
7.3
📈 Investor
Value
7
Returns & exit
6.8
Legal & delivery
7
Location & demand
7.1
Why the scores differ

Homeowner: A reasonable choice for homeowners who want an established township with schools, clinics and Estella Place mall close by, priced in line with comparable mid-segment projects. The main compromise is title: pink books are only partly issued and Palm Heights is still waiting on one, while Metro Line 1 is about 2 km away and Palm River construction continues on site.

Investor: A workable but not compelling case: resale and rental listings exist in every delivered sub-zone and pricing is fair for the segment, but yields look mid-single-digit at best. Unissued pink books at Palm Heights, a change of sponsor after Keppel Land's exit and 816 new Palm River apartments competing with resale are the points that cap exit confidence.

Price & Market

Current Market Price
65,5 triệu/m²
📈 +118% since launch
Market range47 triệu – 105,6 triệu/m²
Unit price2,2 tỷ – 25 tỷ
Rent13 triệu – 75 triệu/mo
Launch price30 triệu/m²
Est. Rental Yield3.9%
  • •🟢 Pricing is in line with the segment: the project's typical ~66M/m² sits at the mid-segment peer median of ~65M/m² (28 comparable projects), and Thảo Điền peers price above it.
  • •🟢 Infrastructure catalysts are already operating: Metro Line 1 since December 2024 and the Ring Road 3 Thu Duc elevated section since April 30, 2026, with Rach Chiec Station about 2.0 km from the project.
  • •🟡 The lifecycle mixes mature and new supply: three sub-zones are delivered while Palm River (ground-breaking March 2026, sales launch April 2026) adds 816 apartments at about 60M/m², competing with resale asks of 74-97M/m² at Palm Heights.
  • •🟡 Market backdrop is supportive but financing is tight: CBRE (May 2026) reports former-HCMC secondary condo prices up 32.3% year on year, while floating mortgage rates of 12-15% are the main headwind to buyer demand.
  • •🔴 Title is the main caution: pink books are partial and Palm Heights is unissued, which constrains mortgage financing and clean-title resale for that sub-zone until the childcare-facility blocker is resolved.
Last updated: October 2026

Is this a good deal?

🟢 ~16% cheaper than comparable projects
Project Price Distance
Palm City 65,5 triệu/m² —
Gateway Thảo Điền About 20% more expensive on resale (~78M/m² vs ~66M/m²) Thảo Điền address at a modest premium; Palm City offers a larger waterfront township at a lower price per m²
Lumière Riverside About 75% more expensive (~115M/m² vs ~66M/m²) Sits directly beside An Phu Metro Station, a clear transit edge over Palm City, which is about 2.0 km from Rach Chiec Station
Masteri Thảo Điền Nearly 90% more expensive (~124M/m² vs ~66M/m²) Metro-connected tower complex with a large ground-level mall; Palm City trades that for a lower price and a landed-plus-apartment mix

Should you buy here?

Best for:
  • ✓Families who want schools, clinics and daily services within a short drive in an established An Phu township
  • ✓Homeowners who prefer a mature, amenitied township over metro adjacency and will verify title for their specific sub-zone
Not ideal for:
  • ✗Buyers who need an issued pink book now for a mortgage, especially in Palm Heights
  • ✗Daily commuters who need a walkable metro station or a sub-30-minute trip to the CBD

Decision Factors

Strengths

  • ✓Schools, clinics and daily services sit within a few hundred metres, with AIS Saigon about 1.3 km and Estella Place mall about 1.9 km away (neighborhood family 76, lifestyle 82)
  • ✓Typical pricing of about 66M/m² sits at the mid-segment median and below Thảo Điền peers such as Gateway Thảo Điền (~78M/m²) and Masteri Thảo Điền (~124M/m²)
  • ✓Transport links are improving: Metro Line 1 has operated since December 2024, the Ring Road 3 Thu Duc elevated section opened on April 30, 2026, and the An Phu intersection N4 branch opened on August 21, 2026
  • ✓A ~30 ha waterfront township with a 2.7 km riverside walkway and a broad product range, from apartments in Palm Garden and Palm Heights to landed homes in Palm Residence, with resale and rental listings in every delivered sub-zone

Tradeoffs

  • !Metro Line 1's Rach Chiec Station is about 2.0 km away and the trip to Q1 Bến Thành is 56 min by bus, so daily commuting leans on a vehicle
  • !Nightlife is minimal (score 5) and noise is only moderate (quietness 57), so the area suits a residential rather than a lively or very quiet lifestyle
  • !Pricing varies widely by sub-zone: Palm Garden resale is near 50M/m², Palm Heights asks range from 52M to 97M/m², and Palm River primary is about 60M/m², so comparing like for like takes care

Watch items

  • ?Pink books are partial: Palm Residence has them, Palm Heights does not (blocked by an unbuilt mandatory childcare facility; a November 2025 task force agreed to prioritise unit-level certificates, but an October 2026 check found no confirmed resolution), Palm Garden needs per-unit verification, and Palm River will not have them until handover (expected Q4 2028)
  • ?Construction and access are unfinished: Palm River piling is under way inside the township, the An Phu intersection N1.2 branch is still being completed after the June 2026 deadline passed, and the western Ring Road 3 sections slipped to Q4 2026
  • ?Keppel Land sold its 42% stake to Gateway Thủ Thiêm (Huong Viet Holdings group) in March 2025; confirm who is responsible for committed facilities such as the Palm Heights childcare building. No resident review digest is available, so parking, security and building operations should be checked in person

Project Details

DeveloperHuong Viet Holdings
Status3 of 4 delivered

Location & Commute

Palm City

28 min
District 1 CBD
50 min
Tân Sơn Nhất Airport
46 min
Long Thành Airport
CBD (peak)32 min
CBD (off-peak)28 min
Airport (peak)56 min
Airport (off-peak)50 min
Long Thành (peak)49 min
Long Thành (off-peak)46 min
🚇
Metro
Rach Chiec Station
2.0km
🛍️
Mall
Estella Place
1.9km
🛒
Supermarket
Expected daily retail
Expected
🏫
Schools
Australian International School (AIS Sai…
Nearby
🏥
Hospitals
Trung Tâm Y Khoa Diag - Nguyễn Duy trinh
Nearby
🌳
Park
Công Viên Thể Thao Bình Trưng
Nearby
🔇 Moderate Noise🌊 Moderate Flood🛣️ Near Highway

Suits families and professionals who want an amenity-rich township with schools and clinics close by and moderate noise, rather than a nightlife-led or metro-adjacent lifestyle.

Sub-zones

🏢
Palm Garden Apartment
0 listings
2,2 tỷ - 8,5 tỷ
47 triệu - 65 triệu/m²
Delivered 2021
Mid-priced resale at about 47-56M/m² (typical 50-56M): roughly 2.2-2.6B for 1BR, 3.9-4.5B for 2BR and 7-8.5B for 3BR, with rents of about 10-30M/month.
🏢
Palm Heights Apartment
0 listings
6,19 tỷ - 11 tỷ
69 triệu - 105,6 triệu/m²
Delivered 2019
The widest resale spread in the township: about 52-81M/m² for 2BR and 3BR through May 2026, and a newer October ask near 97M/m² (7.55-11B) on low-confidence data. Rents run about 13-27M/month.
🏢
Palm Residence Villa, Townhouse, Shophouse
0 listings
14 tỷ - 25 tỷ
Delivered 2017
Landed resale is a distinct, high-ticket market: townhouses about 14-35B (roughly 160-205M/m²), villas 19.5-25B and shophouses 14-30B, with rents of about 20-75M/month.
🏢
Palm River Apartment, Shophouse
0 listings · 933 units
2,6 tỷ - 12,7 tỷ
55 triệu - 65 triệu/m²
0-3 BD · 76-250 m²
Primary asks are about 55-65M/m² (typical ~60M/m²) for apartments, steady between mid-May and June 2026, with a few larger-format units starting from 64M/m². Thin resale quotes of 200-280M/m² should be checked against the product type.

Growth Catalysts

  • 🚧Ring Road 3 Thu Duc elevated section opened April 30, 2026; western 32.6 km sections targeting Q4 2026 (2026)
  • 🚧An Phu Intersection (3,400B VND): N3 and N4 overpass branches open (N4 on August 21, 2026); remaining works still finishing (2026)
More in the app
Track this project with heatmaps, price history, saved searches, and project updates in one place.
This area scores 87 for Leisure Score · 75 for Family Score

Interested in Palm City?

Palm City
Palm City
Palm City
What do you need?

Your contact will only be shared with the listing agent.