Riverpark Premier - Luxury Riverside Condo in Phú Mỹ Hưng, District 7
Phú Mỹ Hưng Development Corporation
Delivered 2018 · Pink books issued
The only riverside apartment project in the heart of Phú Mỹ Hưng's Cảnh Đồi area — with the lowest floor-area ratio in HCMC at 3.57, direct adjacency to Saigon South International School, 5-minute walk to Crescent Mall, and 8 distinct view directions from three triangularly arranged towers
💰 16 tỷ – 22 tỷ📏 150 triệu/m²🏗️ Delivered 2018🏢 268 units
Riverpark Premier is a riverside luxury apartment development by Phú Mỹ Hưng Development Corporation in the Cảnh Đồi (Hillview) district of Phú Mỹ Hưng, District 7. Designed by Korn Architects of Germany and built by Posco E&C of South Korea, the project comprises 268 apartments and 13 ground-floor retail units across three towers on a 14,509 m² site — Block A (22 floors), Block B (18 floors), and Block C (13 floors) — arranged at the corners of a triangular layout on a shared 2-story podium, delivering 8 distinct viewing directions. Over 95% of units are spacious 3-bedroom apartments ranging from 112 to 132 m², with penthouses and duplexes up to 231 m².
Project news
VinSpeed Ben Thành–Cần Giờ metro breaks ground — Phase 2 stations 2–3 km from Riverpark Premier
Construction · May 2026 · domo.vn
Riverpark Premier: pink books (sổ hồng) issued at December 2018 handover
Legal · Dec 2018 · phumyhung.vn
Neighborhood
88*
Family Score
Excellent
Family appeal is exceptionally strong. Saigon South International School (SSIS), one of HCMC's top international schools, is nearby at 420m, and a private kindergarten at 200m covers early-years education within a short walk.
95
Leisure Score
Excellent
Lifestyle options are strong in all directions. SC VivoCity is nearby for leisure shopping and entertainment, while a dense cluster of independent restaurants and cafés within 200m gives Riverpark Premier one of the most walkable dining strips in Phú Mỹ Hưng.
87
Convenience
Excellent
Daily convenience is excellent. Aeon Citimart is next door for full grocery and household runs, complemented by several convenience stores within a short walk that cover everyday top-up needs.
84
Health
Excellent
Healthcare access is strong across all tiers. FV Hospital is nearby for specialist and emergency care, and several local clinics and pharmacies within 250m handle routine medical needs without requiring a drive.
73
Transit Access
Good
Bus stops are within a 450m walk on the Nguyễn Đức Cảnh corridor, connecting to multiple routes; the nearest metro station at Ben Thành is 6.4 km away, making bus the primary public transit option today.
94
Commute Ease
Excellent
34 min to Q1 Bến Thành via 102. 6 min walk to bus stop.
26
Nightlife
Below Avg
The bar and casual dining scene within walking range is active. Several bars and craft-drink venues are clustered 400–600m away, providing a genuine evening option without having to travel to the central PMH or District 1 corridor.
0
Quietness
Below Avg
Evening quiet is limited here. Bars, karaoke venues, and a busy restaurant strip within 200–600m generate ambient noise that makes this address more lively than purely residential pockets elsewhere in Phú Mỹ Hưng.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
8
🏠 Homeowner
Good
7.8
📈 Investor
Good
Balanced for both homeowners and investors.
Riverpark Premier is one of Phú Mỹ Hưng's most specifically positioned luxury projects — boutique scale, riverside setting with HCMC's lowest floor-area ratio, and SSIS 420m away form a combination that is very difficult to replicate in the Cảnh Đồi precinct. The core trade-offs are an all-large-unit product (112m²+) requiring a 17B+ VND budget for most resale options, a 2017 build age, and ambient evening noise from nearby bars and dining venues.
🏠 Homeowner
Value
8
Livability
7.8
Legal & delivery
8.7
Location & connectivity
7.6
📈 Investor
Value
8
Returns & exit
7.5
Legal & delivery
8.7
Location & demand
7.4
Why the scores differ
Homeowner: A strong choice for homeowners who value PMH's planned-urban quality of life. Boutique scale, riverside aspect, and SSIS proximity at 420m give Riverpark Premier a combination of low density and school convenience that is hard to find elsewhere in the Cảnh Đồi precinct — and the project is priced 25% below the luxury PMH peer median with a fully issued pink book. The honest trade-offs are a 2017–2018 build age, an all-large-unit format (112m²+), and ambient evening noise from bars and dining along the surrounding streets.
Investor: The rental case is solid, anchored by a specific and durable tenant pool — expat families enrolled at SSIS — rather than generic demand. Estimated gross yield of 4–4.5% sits above the typical luxury PMH range, boutique supply limits resale competition, and pricing below the luxury peer median means entry is attractive. The main risks are limited listing-count visibility and the fact that the two forward transit catalysts (Nguyễn Khoái bridge-road and VinSpeed Phase 2 stations near PMH) are under construction with Q2 2028 and post-2028 timelines respectively.
Price & Market
Current Market Price
150 triệu/m²
📈+67% since launch
Market range
120 triệu – 162 triệu/m²
Unit price
16 tỷ – 22 tỷ
Rent
55 triệu – 80 triệu/mo
Launch price
90 triệu/m²
Est. Rental Yield4.3%
•🟢 Boutique supply (268 units) and documented secondary prices of 137–162M/m² in early 2026 indicate the pricing floor is holding — thin inventory reinforces seller pricing power
•🟢 Priced 25% below the luxury PMH peer median — the deterministic value score confirms an attractive entry point relative to comparable boutique projects in the same precinct
•🟢 Rental pricing of 55–80M/month implies a gross yield of approximately 4–4.5% at current resale values — above the typical luxury PMH range and supported by a specific expat tenant pool tied to SSIS enrollment
•🟡 All units 112m²+ creates a high absolute buy-in (17B+ VND for standard 3BR resale); with floating mortgage rates at 12–15% per CBRE Q1 2026, the buyer pool at these price levels is compressed
•🟡 The Nguyễn Khoái bridge-road (targeted Q2 2028) and VinSpeed Phase 2 stations near PMH are under construction — they represent real upside, but timeline risk is present and buyers should verify current progress before pricing them in
Is this a good deal?
Project
Price
Distance
Riverpark Premier
150 triệu/m²
—
Riverpark Residence
125 triệu/m²
0.1 km
Mỹ Phúc
50 triệu/m²
0.2 km
Should you buy here?
Best for:
✓Expat families with children enrolled at SSIS — 420m proximity makes drop-off on foot practical
✓Buyers wanting boutique riverside living at below-peer pricing in an established PMH community
✓Homeowners who prioritise low density, abundant green space, and a walkable dining scene
Not ideal for:
✗Buyers with budgets below 17B VND — all units are large-format with correspondingly high absolute prices
✗Buyers who need quiet evenings — ambient noise from nearby bars and dining venues is a consistent trade-off
✗Buyers prioritising new construction finishes — this is a 7-year-old project
Market Trends
Secondary prices firmed at 137–162M/m² for standard 3BR units in early 2026, consistent with PMH's sustained upward trajectory and the project's scarcity as the only boutique riverside product in the Cảnh Đồi precinct.
Decision Factors
Strengths
✓SSIS 420m away — walking-distance international school access is the most valued differentiator for District 7 expat buyers, and no other project in the Cảnh Đồi precinct offers it at this scale
✓Boutique 268-unit supply on HCMC's lowest-FAR site (3.57) — limits resale competition, preserves the green-space and low-density character, and supports a pricing floor that thin inventory reinforces
✓Pink book fully issued and project delivered since 2018 — no acquisition process risk; legal title can be verified before signing
✓Secondary pricing 25% below the 9-project luxury PMH peer median at 150M/m² — clear value entry point relative to comparable boutique projects in the precinct
Tradeoffs
!All units 112m²+ — entry-level resale price of 17B+ VND narrows the buyer pool and limits liquidity compared to mixed-size PMH projects
!2017–2018 build — HVAC, lifts, and waterproofing in common areas and individual units are at an age where preventive maintenance or replacement should be budgeted
!Ambient evening noise — bars and karaoke within 200–550m produce noise levels inconsistent with the 'quiet riverside' positioning seen in some listings; buyers sensitive to this should visit on a weekday evening
Watch items
?VinSpeed Phase 2 station timeline — the Tân Thuận and Tân Mỹ stations (2–3 km from PMH) are planned but not committed; do not factor this transit uplift into pricing until construction begins at those stations
?Unit condition survey — units not renovated since 2018 handover should be inspected for HVAC, waterproofing, and electrical condition before purchase, especially on lower floors with pool-level proximity
Unit Types
Apartments
3BR
3 Beds · 2–3 Baths · 112–132 m²
16 tỷ – 22 tỷ
150 triệu/m²
Rent: 55 triệu - 80 triệu/mo
Growing families
Duplex
3–4 Beds · 3–4 Baths · 132–175 m²
Under review
≈ 19,8 tỷ – 26,25 tỷ est.
150 triệu/m²
Growing families
Penthouse
4 Beds · 3–4 Baths · 175–231 m²
Under review
≈ 26,25 tỷ – 34,65 tỷ est.
150 triệu/m²
Growing families
Shophouses
Shophouse
0 Beds · 1 Baths · 129–244 m²
Under review
≈ 19,35 tỷ – 36,6 tỷ est.
150 triệu/m²
Singles & couples
Project Details
Developer
Phú Mỹ Hưng Development Corporation
Status
Delivered 2018
Total Units
268
Towers
3
Legal Information
Launch Date
2016-07
Handover
2018-12-25
Construction Permit
Approved
Pink Book
Issued
Legal Notes
Permanent ownership (sổ hồng vĩnh viễn / long-term LURC). Pink books issued to buyers at handover in December 2018. No known legal disputes or certificate freezes found as of May 2026. Project actively trading in the secondary market with full pink book title (sổ hồng cầm tay) confirmed through 2026.
Amenities
👨👩👧Family: Children's playground and recreation areas on the 2nd-floor podium. Saigon South International School (SSIS) is directly adjacent — within walking distance. Đinh Thiện Lý School and additional international schools are within the wider Phú Mỹ Hưng zone. FV Hospital is approximately 3 km away.
🏋️Fitness: 2nd-floor podium amenity level features a ~500 m² swimming pool, a dedicated yoga deck, a modern gym, a community activities room, and a scenic viewing area. The yoga deck and poolside café distinguish the wellness offering from standard boutique condo amenity floors in PMH.
🏖️Lifestyle: 13 ground-floor retail units at the podium base serve the immediate Cảnh Đồi community. Crescent Mall — Phú Mỹ Hưng's main lifestyle retail center — is 5 minutes on foot, offering international dining, cinema, and grocery options. SC VivoCity is approximately 10 minutes by car.
🛒Convenience: Each apartment includes 1 dedicated car parking space (2 for penthouses) and 2 motorbike spaces. Round-the-clock security at all access points. Elevator service in each of the three towers. Building management by Phú Mỹ Hưng Development Corporation.
🏊 Pool🌳 Garden🧒 Play Area🔒 Security🏛️ Clubhouse🅿️ Car Parking🏋️ GymShophouse Street🏍️ Motorbike Parking
Location & Commute
Riverpark Premier
23 min
District 1 CBD
50 min
Tân Sơn Nhất Airport
57 min
Long Thành Airport
CBD (peak)
33 min
CBD (off-peak)
23 min
Airport (peak)
67 min
Airport (off-peak)
50 min
Long Thành (peak)
65 min
Long Thành (off-peak)
57 min
🚇
Metro
Ben Thanh Station
6.5km
🛍️
Mall
SC VivoCity
Nearby
🛒
Supermarket
Aeon Citimart（Hà Huy Tập）
Next door
🏫
Schools
Saigon South International School (SSIS)
Next door
🏥
Hospitals
FV Hospital
Nearby
🌳
Park
Wayne's Coffee River Park
Next door
Major Roads
Nguyễn Đức Cảnh Boulevard — the project's main frontage road, a wide tree-lined avenue connecting the Cảnh ĐồiNguyễn Văn Linh Parkway — the main east-west arterial for District 7, accessible in under 10 minutes from the project via internal PMH roadsHà Huy Tập Street — the secondary access lane linking Riverpark Premier to the adjacent Cảnh Đồi park and Riverpark Residence, the sibling project immediately next door
🔇 High Noise🌊 Low Flood🛣️ Near Highway
A high-end owner-occupier and long-term expat community drawn to Phú Mỹ Hưng's planned urban environment. Proximity to Saigon South International School (SSIS) — 420m away — makes Riverpark Premier a consistent first choice for families with school-age children enrolled there. The building has a strong international character, with Korean, Japanese, and Western expat households alongside Vietnamese executive families.
Things to consider (not deal breakers)
⚠️ Traffic
The Cảnh Đồi area is a quiet residential pocket within Phú Mỹ Hưng, and Nguyễn Đức Cảnh is a wide bo...
The Cảnh Đồi area is a quiet residential pocket within Phú Mỹ Hưng, and Nguyễn Đức Cảnh is a wide boulevard that handles local traffic smoothly. Peak-hour congestion is mild compared to the busier Nguyễn Lương Bằng corridor. School-run hours near the adjacent SSIS can create brief delays on Nguyễn Đức Cảnh in the mornings.
→ Multiple PMH internal routes offer alternative paths — Hà Huy Tập and parallel laneways distribute traffic around the Cảnh Đồi precinct. The Hillview location is generally quieter than the central Crescent/Midtown axis.
🌊 Flood Risk
Located within Phú Mỹ Hưng's purpose-built drainage zone on elevated ground. Minor surface pooling c...
Located within Phú Mỹ Hưng's purpose-built drainage zone on elevated ground. Minor surface pooling can occur during very heavy rain but persistent flooding is uncommon given PMH's engineered drainage infrastructure and elevated site levels.
→ PMH's elevated site levels and engineered drainage channels have historically kept this zone better protected than lower-lying parts of District 7.
Sub-zones
🏢
A
0 listings
16 tỷ - 22 tỷ
120 triệu - 162 triệu/m²
🏢
B
0 listings
16 tỷ - 22 tỷ
120 triệu - 162 triệu/m²
🏢
C
0 listings
16 tỷ - 22 tỷ
120 triệu - 162 triệu/m²
Notable Places
Resident Swimming Pool
A ~500 m² swimming pool on the 2nd-floor podium level — notably generous for a 268-unit boutique project. The poolside overlooks the podium garden with sightlines toward the riverside canal. One of the larger residents-only pools in Phú Mỹ Hưng's Hillview precinct.
Riverside Viewing & Relaxation Area
A dedicated outdoor relaxation and viewing zone on the amenity podium, positioned to exploit the project's riverside canal sightlines. The triangular building arrangement creates a clear view corridor toward the water that this area captures for resident use — a passive amenity that is effectively permanent given the surrounding low-rise context.
Yoga & Wellness Deck
A dedicated outdoor yoga deck integrated into the 2nd-floor podium amenity level, alongside the pool and gym. Open-air yoga spaces at podium level are uncommon in Phú Mỹ Hưng boutique projects, contributing to the development's wellness-oriented design positioning.
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