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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.
Phú Mỹ Hưng L'Arcade is the only integrated shophouse product in the township — each of 37 units carries dual pink books enabling independent ownership of commercial and residential components, in a fully delivered, low-flood-risk location. The defining constraints are a very high entry price (from VND 66.5 billion per unit) and no resale track record for this format.
Homeowner: A solid choice for business-owner homeowners who want to operate commercially from the ground floors and live above, within Phú Mỹ Hưng's well-serviced township. FV Hospital is under 1km away, The Japanese School is nearby, and Phú Mỹ Hưng's drainage infrastructure makes this one of District 7's lowest flood-risk addresses. The tradeoff is consistently high ambient noise — the project sits in the commercial and hospitality core — and a very high entry price (from VND 66.5 billion) that suits only buyers whose lifestyle aligns with the shophouse format.
Investor: The investment case rests on supply scarcity and commercial rental income, not resale momentum. Only 37 units were ever built at this address and all sold out at primary; a secondary market is forming but no pricing comparables exist yet. SECC adjacency drives commercial tenant interest for the lower floors, but the extreme price point (from VND 66.5 billion) limits the exit buyer pool to a very narrow segment. The VinSpeed metro corridor through District 7, targeting 2028, would help long-term demand if delivered on schedule.
| Unit price | 66,5 tỷ – 102 tỷ |
| Launch price | 188,1 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Phú Mỹ Hưng L'Arcade | 188,1 triệu/m² | — |
| Golden King | 65 triệu/m² | 0 km |
| Cardinal Court | 111 triệu/m² | 0.2 km |
| Regency | 226 triệu/m² | 0.3 km |
| Star Hill | 94 triệu/m² | 0.3 km |
The primary market is sold out and a secondary market is forming with no pricing track record; commercial rental income from SECC-adjacent retail is the clearest near-term investment case.
| 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 post-handover as the developer completes land-registration paperwork with District 7 authorities. No confirmed issuance date available as of May 2026. Construction permit was approved prior to groundbreaking in June 2024. |
Phú Mỹ Hưng L'Arcade
| CBD (peak) | 34 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 68 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 61 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.
