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Just delivered 2025
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.
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.
Better for long-term living than for investing.
A niche trophy asset in HCMC's most established District 7 township — the dual-certificate shophouse is a genuinely scarce product unavailable elsewhere in Phú Mỹ Hưng, with 200m SECC proximity anchoring commercial demand. The very high absolute price (VND 66–102B) and only 37 units in the pool mean resale liquidity is the primary buyer due-diligence item.
Homeowner: A focused choice for homeowners who want a trophy commercial address in Phú Mỹ Hưng's well-managed township with a private apartment above. The surrounding amenity stack is genuinely strong — FV Hospital under 1km, The Japanese School nearby, Crescent Mall 630m away, and the project's own central park and pool. The real tradeoff is character: this is a commercial shophouse with moderate ambient noise and a 30–40 minute CBD commute by road, not a quiet residential tower.
Investor: A niche income-plus-scarcity thesis with real commercial demand support but a thin exit market. Rent data shows 193–242M VND/month for the shophouse unit, anchored by SECC event foot traffic 200m away. The risk is concentrated at exit: only 37 units exist in this product format in Phú Mỹ Hưng, there are no resale comps, and finding a buyer at VND 66–102B — once pink books are issued — is the defining constraint.
| Unit price | 66,5 tỷ – 102 tỷ |
| Rent | 193 triệu – 242 triệu/mo |
| Launch price | 188,1 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Phú Mỹ Hưng L'Arcade | 188,1 triệu/m² | — |
| Golden King | 60 triệu/m² | 0 km |
| Cardinal Court | 147 triệu/m² | 0.2 km |
| Regency | 226 triệu/m² | 0.3 km |
| Star Hill | 94 triệu/m² | 0.3 km |
No resale comparables exist for this product type in Phú Mỹ Hưng; commercial rental near SECC provides the clearest near-term return signal, with rent data showing 193–242M VND/month for the full shophouse unit.
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | Just delivered 2025 |
| Total Units | 37 |
| Towers | 2 |
| Launch Date | 2024-05 |
| Handover | 2025-12-30 |
| Construction Permit | Approved |
| Pink Book | in_progress |
| Legal Notes | Each unit receives two separate pink books — one for the commercial shophouse floors and one for the residential apartment above — both conferring long-term (vĩnh viễn) ownership for Vietnamese citizens. All 37 units were handed over on December 30, 2025; pink book issuance is in progress as the developer completes land-registration paperwork with District 7 authorities. HCMC Task Force 1645 cleared four other Phú Mỹ Hưng projects for pink book issuance on May 15, 2026, confirming the administrative pipeline is active — L'Arcade is not yet named in a clearance resolution. No confirmed issuance date available as of June 2026. Construction permit approved prior to groundbreaking in June 2024. |
Phú Mỹ Hưng L'Arcade
| CBD (peak) | 34 min |
| CBD (off-peak) | 20 min |
| Airport (peak) | 77 min |
| Airport (off-peak) | 51 min |
| Long Thành (peak) | 66 min |
| Long Thành (off-peak) | 55 min |
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.
