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Explore Vietnam
2 of 4 delivered
Huong Viet Holdings
2 of 4 sub-zones delivered · 2 upcoming
Balanced for both homeowners and investors.
Palm City is a delivered riverside township in An Phu Ward with exceptional walking-distance amenities, Keppel-grade compound execution, and secondary prices roughly 12% below the mid-market peer median. The key tradeoffs are a high-noise environment, ongoing An Phu traffic congestion, and a developer transition to Gateway Thu Thiem after Keppel's March 2025 exit.
Homeowner: A solid choice for homeowners who value a gated riverside community with walking-distance access to international schools, dense dining, and health amenities. The township preserves Keppel Land's original execution quality — compound design, 2.7km riverside walkway, professional management — and sits about 12% below the mid-market peer price. The honest tradeoffs: ambient noise is rated high, the An Phu traffic intersection is being upgraded (targeting mid-2026 completion), and the controlling developer is now Gateway Thu Thiem rather than Keppel.
Investor: The investment case is grounded in a functioning secondary market and a proven expat tenant base. Palm Garden and Palm Heights have documented resale prices and rental activity, with gross yields in the 5–7% range at current secondary prices — reasonable for the segment. Metro Line 1 and Ring Road 3 are now both operational, delivering a structural connectivity tailwind. The primary risk: Keppel's exit removes the brand premium that historically supported resale, and Palm River's new primary launch at 60M/m² adds near-term supply competition for Palm Heights secondary units in the same township.
| Market range | 38 triệu – 280 triệu/m² |
| Unit price | 2,2 tỷ – 25 tỷ |
| Rent | 10 triệu – 60 triệu/mo |
| Launch price | 30 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Palm City | 55,1 triệu/m² | — |
| Masteri Thao Dien | Approximately 20–30% more expensive | Thao Dien sub-area of Thu Duc City, same District 2 corridor, positioned as upper-mid with stronger brand recognition and a deeper secondary market |
Delivered sub-zones trade in the 50–56M/m² secondary range, while Palm River's April 2026 primary launch at 60M/m² implies a modest new-unit premium within the same township.
| Developer | Huong Viet Holdings |
| Status | 2 of 4 delivered |
| Pink Book | Partial |
| Legal Notes | Developer entity is Nam Rạch Chiếc Company (joint venture). Keppel Land divested its 42% stake to Gateway Thủ Thiêm in March 2025; current controlling developer is Gateway Thủ Thiêm. Palm Heights (handed over Q2–Q3 2019) and Palm Residence (handed over 2017) have pink books issued. Palm Garden had a deposit-contract termination incident in May 2021; secondary-market transactions as of 2026 suggest Palm Garden units were eventually delivered. Palm River is pre-handover (expected Q4 2028), pink books pending. Searches: Palm City sổ hồng, Palm City Keppel pháp lý, Nam Rạch Chiếc chủ đầu tư. |
Palm City
| CBD (peak) | 35 min |
| CBD (off-peak) | 27 min |
| Airport (peak) | 57 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 48 min |
| Long Thành (off-peak) | 45 min |
Residents are predominantly expat families and dual-income professionals drawn by the international school corridor and the gated compound lifestyle along the riverside. The rental market is consistently supported by this expat base. Those sensitive to noise should assess unit positioning relative to the commercial strip on Nguyễn Duy Trinh.
