VI
Phú Mỹ Hưng L'Arcade Just delivered 2025
Just delivered 2025

Phú Mỹ Hưng L'Arcade - Commercial Shophouse District 7

Phú Mỹ Hưng Development Corporation

Only 37 integrated shophouse units ever built in Phú Mỹ Hưng — each with dual pink books for commercial and residential components issued separately. The developer has confirmed this product format will not be repeated in the township.

💰 66,5 tỷ – 102 tỷ📏 188,1 triệu/m²🏗️ Just delivered 2025🏢 37 units

Phú Mỹ Hưng L'Arcade is a boutique mixed-use development of 37 integrated shophouse-apartment units across two buildings on 8,700m² in Phú Mỹ Hưng's International Financial and Commercial District, District 7. Designed by P&T Group in Gothic and Baroque style inspired by European Renaissance architecture, each unit combines commercial space across the lower 3–4 floors with a private residential apartment on the upper 2 floors, each with two separate ownership certificates.

Area news

HCMC Task Force 1645 clears four Phú Mỹ Hưng lots for pink book issuance, May 2026
Policy · May 2026 · en.sggp.org.vn

Neighborhood

87*
Family Score
Excellent
Family appeal is strong, with an on-site park and quality schooling close by. The Japanese School in Ho Chi Minh City, one of HCMC's top private primary schools, is about 650 m away, and Sakura Park is 420 m.
94
Leisure Score
Excellent
Leisure options are deep, with a wide mix of cafés and casual dining within a few hundred metres. The covered L'Arcade Promenade runs through the project, and Crescent Mall is about 640 m away.
86
Convenience
Excellent
Daily errands are well covered, with banks, convenience stores and a supermarket close by on foot. Golden King Commercial Center is on-site, and Crescent Mall is about 640 m away for larger shopping trips.
76
Health
Good
Medical access is clearly good, with FV Hospital, one of HCMC's best hospitals, about 940 m away. Eye, dental and general clinics sit within roughly 550 m, which supports same-day non-emergency visits.
86
Transit Access
Excellent
Walking access to transit is bus-based, with a stop about 180 m away and more within 550 m, while the nearest metro station, Opera House Station, is 7.0 km away.
76
Commute Ease
Good
41 min to Q1 Bến Thành via 139 → 31. 3 min walk to bus stop, 1 transfer.
9
Nightlife
Below Avg
There is no dedicated nightlife district nearby. Evenings in this part of Phú Mỹ Hưng are dining-led and largely residential in character, with no concentration of late-night bars or clubs.
36
Quietness
Below Avg
Noise exposure is moderate rather than quiet. Pubs and karaoke venues sit roughly 300 m to 1 km away and the shophouse frontage adds street activity, though the 1,800 m² central park gives the project a calmer pocket.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.4
🏠 Homeowner
Solid
6.9
📈 Investor
Solid

Better for long-term living than for investing.

L'Arcade is a scarce 37-unit dual-certificate shophouse address in Phú Mỹ Hưng's finance district, best suited to business owners who want to run a shop and live above it. The costs are a 66-102 billion VND ticket, a thin resale market and pink books that are still in progress, so buyers should verify title status and parking before committing.

🏠 Homeowner
Value
7.1
Livability
7.7
Legal & delivery
7.2
Location & connectivity
7.6
📈 Investor
Value
7.1
Returns & exit
6.3
Legal & delivery
7.2
Location & demand
7.2
Why the scores differ

Homeowner: A good fit for a business owner who wants to live above the shop in an established, low-flood township. FV Hospital, Crescent Mall and the Japanese School are all within about 1 km, and the 1,800m² on-site park and pool are uncommon for a 37-unit shophouse scheme. The tradeoffs are a lively commercial street with bars nearby, one parking basement, and pink books still being processed more than nine months after handover.

Investor: The case rests on scarcity and commercial frontage, not on yield. All 37 units sold out in the primary market, but rent of roughly 193-242M VND per month implies a gross yield near 2.5-3% against the single 93 billion VND resale ask, and both figures come from thin data. A 66-102 billion VND ticket limits exit to a handful of wealthy owner-operators, so liquidity is the main risk.

Price & Market

Current Market Price
188,1 triệu/m²
Market range127,6 triệu – 272 triệu/m²
Unit price66,5 tỷ – 102 tỷ
Rent193 triệu – 242 triệu/mo
Launch price188,1 triệu/m²
Est. Rental Yield3.1%
  • •🟢 All 37 units sold out in the primary market and resale listings are only now emerging, so supply at this address is effectively fixed and scarcity supports value retention.
  • •🟡 Pricing of about 188M/m² is roughly 4% below the luxury peer median of 195M/m², which reads as fair rather than discounted.
  • •🔴 The single 93 billion VND resale ask sits inside the 66.5-102 billion VND launch range, so there is no proven appreciation or exit track record, and with pink books still in progress the buyer pool is narrower still.
  • •🟡 Thu Thiêm 4 bridge (approved, completion Q4 2028) and the Bến Thành-Cần Giờ metro (2028 target, District 7 stations outside that scope) are medium-term connectivity gains rather than near-term price drivers; the Nguyễn Văn Linh-Nguyễn Hữu Thọ underpass, open since December 2024, already eases the southern entry.
  • •🟡 According to CBRE (May 2026), floating mortgage rates of 12-15% are the main headwind to HCMC housing demand, and while former-HCMC condo resale prices rose 32.3% year on year, there are no shophouse comparables for L'Arcade to confirm the same trend here.
Last updated: October 2026

Is this a good deal?

Project Price Distance
Phú Mỹ Hưng L'Arcade 188,1 triệu/m² —
Golden King 60 triệu/m² 0 km
Cardinal Court 139,5 triệu/m² 0.2 km
Regency 226 triệu/m² 0.3 km
Star Hill 94 triệu/m² 0.3 km

Should you buy here?

Best for:
  • ✓Business owners wanting D7 retail frontage with a live-above unit
  • ✓Expat professionals based in Phú Mỹ Hưng who also run a business
Not ideal for:
  • ✗Pure residential buyers or families wanting a quiet street, since the shophouse format adds cost and noise without benefit
  • ✗Daily CBD commuters, with about 41 minutes by bus to Q1 Bến Thành

Decision Factors

Strengths

  • ✓Separate commercial and residential pink books let each part be sold or leased independently once issued, and only 37 units exist, with the developer stating the format will not be repeated in the township.
  • ✓FV Hospital, Crescent Mall and the Japanese School are all within about 1 km, and Phú Mỹ Hưng's separate drainage network gives the address a low flood profile for District 7.
  • ✓A 1,800m² central park (over 20% of the 8,700m² site), an infinity-edge pool and a fitness centre serve only 37 units, which is unusual for a low-rise shophouse scheme.
  • ✓At about 188M/m², pricing sits roughly 4% below the luxury peer median of 195M/m², so the premium looks fair rather than stretched.

Tradeoffs

  • !The 66-102 billion VND ticket limits buyers to a very small pool, and the only resale price evidence is a single 93 billion VND ask inside the launch range.
  • !Rent of about 193-242M VND per month implies a gross yield near 2.5-3% against that ask, which is modest for the capital tied up.
  • !Living above a commercial street means bars within roughly 300 m to 1 km, moderate noise, peak-hour queues on Nguyễn Lương Bằng and the Crescent Lake roundabout, and about 41 minutes by bus to Q1 Bến Thành.

Watch items

  • ?Pink books: all 37 units were handed over on December 30, 2025 and issuance is under way but not complete. Searches in October 2026 found no public record naming L'Arcade in a Task Force 1645 clearance, so ask the developer for a written timeline for both certificates.
  • ?Parking: the project has a single basement level for 37 units with 3-4 commercial floors each, so confirm how many spaces are allocated per unit and how customer parking is handled.
  • ?Transport catalysts are later than they look: Thu Thiêm 4 bridge construction is now reported for Q4 2026 (the July 2026 groundbreaking target was not met) with completion in Q4 2028, and the Bến Thành-Cần Giờ metro targets 2028 operation without District 7 stations.

Unit Types

Shophouse
3–4 Beds · 3–4 Baths · 375–521 m²
Under review
66,5 tỷ – 102 tỷ
188,1 triệu/m²
Rent: 193 triệu - 242 triệu/mo
Growing families

Project Details

DeveloperPhú Mỹ Hưng Development Corporation
StatusJust delivered 2025
Total Units37
Towers2

Amenities

👨‍👩‍👧 Family: 1,800m² central park between both buildings and a children's play area on-site. FV Hospital (French-Vietnamese) is 500m away — one of D7's most accessible international medical facilities.
🏋️ Fitness: On-site fitness center and infinity-edge pool serving 37 units exclusively. The 1,800m² central park provides open-air exercise space.
🏖️ Lifestyle: 300m from Crescent Mall and within Phú Mỹ Hưng's dining and retail corridor near Crescent Lake. The ground-floor commercial arcade activates pedestrian street life along all four building frontages.
🛒 Convenience: 1 basement parking level; 4 road frontages with 21m widths for direct vehicle access. 200m from SECC and 300m from Crescent Mall for daily errands.
🏊 Pool🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🏋️ GymShophouse Street🏍️ Motorbike Parking

Location & Commute

Phú Mỹ Hưng L'Arcade

20 min
District 1 CBD
49 min
Tân Sơn Nhất Airport
56 min
Long Thành Airport
CBD (peak)27 min
CBD (off-peak)20 min
Airport (peak)63 min
Airport (off-peak)49 min
Long Thành (peak)60 min
Long Thành (off-peak)56 min
🚇
Metro
Opera House Station
7.0km
🛍️
Mall
Golden King Commercial Center
On-site
🛒
Supermarket
SATRA FOOD SUPERMARKET STAR HILL
Nearby
🏫
Schools
The Japanese School in Ho Chi Minh City
Nearby
🏥
Hospitals
Phòng khám CarePlus Quận 7
Nearby
🌳
Park
L'Arcade Central Park
On-site
Major Roads
Nguyễn Lương Bằng — main east-west boulevard through Phú Mỹ Hưng, runs past the projectNguyễn Văn Linh — elevated expressway linking District 7 to District 1 and outer districts
🔇 Moderate Noise🌊 Moderate Flood🛣️ Not Near Highway

Predominantly high-net-worth Vietnamese entrepreneurs and business owners who run commercial operations from the lower floors while living above, alongside expat executives in Phú Mỹ Hưng's international township. The dual-certificate structure attracts buyers who treat commercial and residential value as a single investment.

Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Lương Bằng and the Crescent Lake roundabout see peak congestion during morning and evening ru...
Nguyễn Lương Bằng and the Crescent Lake roundabout see peak congestion during morning and evening rush hours. The Phú Mỹ Hưng grid can queue at peak periods despite wide road widths.
→ 4-road frontage and direct access to Nguyễn Lương Bằng provide multiple exit routes during peak congestion.
🌊 Flood Risk
Phú Mỹ Hưng's master-planned internal drainage system makes this one of the lowest flood-risk locati...
Phú Mỹ Hưng's master-planned internal drainage system makes this one of the lowest flood-risk locations in District 7 — significantly better than surrounding neighborhoods outside the township.
→ Phú Mỹ Hưng operates its own drainage network separate from the city grid — localized flooding during extreme rain events is uncommon compared to surrounding D7 neighborhoods.

Sub-zones

🏢
0 listings · 19 units
66,5 tỷ - 102 tỷ
127,6 triệu - 275,7 triệu/m²
View details →
🏢
0 listings · 18 units
66,5 tỷ - 102 tỷ
150,5 triệu - 272 triệu/m²
View details →

Notable Places

Infinity-Edge Pool
Infinity-edge pool serving the 37-unit resident community exclusively — an atypical amenity for a low-rise shophouse project in this district, where most comparable commercial-residential developments do not include a pool.
L'Arcade Central Park
1,800m² green park positioned between both buildings — over 20% of the 8,700m² total site dedicated to open space, which is unusual for a compact urban footprint in Phú Mỹ Hưng's commercial district.
L'Arcade Promenade
The signature covered colonnade walkway from which the project takes its name, inspired by European arcade architecture. Gothic-Baroque arched elements link the ground-floor commercial units of both buildings in a pedestrian street.

Projects by Developer

Growth Catalysts

  • 🚧Ben Thành–Cần Giờ metro: geological drilling underway May 2026; site handover to VinSpeed targeted November 2026 (2028)
  • 🚧Thu Thiêm 4 Bridge: investment approved Feb 2026, construction start now reported for Q4 2026, completion Q4 2028 (2028)
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This area scores 94 for Leisure Score · 87 for Family Score

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