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Saigon Pearl 5 of 5 delivered 1 / 3
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5 of 5 delivered

Saigon Pearl - Luxury Riverside Complex on Nguyễn Hữu Cảnh

SSG Group / Sunwah Group

5 of 5 sub-zones delivered

10.37ha luxury riverside complex with ~1km Saigon River frontage, 162 waterfront villas, and an established premium community — 5 minutes from District 1 CBD with walkable Metro Line 1 access at Tân Cảng station.

💰 6,5 tỷ – 234 tỷ📏 102,3 triệu/m²🏗️ 5 of 5 delivered🏢 2316 units

10.37-hectare luxury mixed-use riverside complex by Vietnam Land SSG (joint venture SSG Group + Sunwah Group, Hong Kong) at 92 Nguyễn Hữu Cảnh, Thành Mỹ Tây ward (formerly Phường 22), Bình Thạnh District. 7 residential towers with ~2,200 apartments and 162 riverside villas along ~1km of Saigon River frontage. Phases 1-2 (Ruby, Topaz, Sapphire) delivered 2009-2010; Phase 3 (Opal Tower, 41 floors) delivered 2020. Total investment over 750 million USD. Managed by Savills Vietnam. Phase 1 towers and villas hold pink book titles (~80% of total units); Opal Tower apartments remain on HĐMB contracts with pink books in process. Ronald Lu & Partners architecture with 35% construction density, preserving generous open space and river views across the complex.

Project news

Opal Tower: property portals list units as individually titled — official confirmation still unverified
Legal · Jun 2026 · batdongsan.com.vn

Neighborhood

83*
Family Score
Excellent
Family appeal is very strong here. Singapore International School Binh Thanh is next door, and Wellspring Saigon — ranked among HCMC's top bilingual schools — is a short walk away, making quality school runs practical without a car.
91
Leisure Score
Excellent
Lifestyle options are excellent at this location. The development's own Saigon River Club and riverside garden provide a strong leisure base, with a dense cluster of well-reviewed cafés and casual dining concentrated within the complex boundary.
85
Convenience
Excellent
Daily convenience is solid. Convenience stores and a supermarket operate within the complex boundary, and WinMart+ is a short walk away, covering most everyday household needs without leaving the immediate area.
78
Health
Good
Health access is solid. Gia Dinh People's Hospital is nearby for acute care needs, and a pharmacy operates within the complex boundary, with a well-regarded health screening clinic also within close range.
81
Transit Access
Excellent
Transit access is strong. Van Thanh Park Station (Metro Line 1) is nearby, connecting residents to HCMC's urban rail network without relying on a car.
100
Commute Ease
Excellent
25 min to Q1 Bến Thành via 44. 10 min walk to bus stop.
69
Nightlife
Good
A modest bar and lounge scene operates within 750m, including an established rooftop venue at Landmark 81, giving residents evening social options without being in a concentrated nightlife corridor.
9
Quietness
Below Avg
Noise levels at this location are very high. The project sits directly on Nguyễn Hữu Cảnh — a high-volume 10-lane arterial road — generating sustained traffic noise throughout the day and evening across most of the complex.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.8
🏠 Homeowner
Good
7.7
📈 Investor
Good

Balanced for both homeowners and investors.

An established luxury riverside community five minutes from District 1 — Savills-managed, low Airbnb, and 20–30% cheaper per m² than newer riverside neighbors — with the honest trade-offs being Nguyễn Hữu Cảnh traffic noise and aging interiors in the Ruby, Topaz, and Sapphire sub-zones.

🏠 Homeowner
Value
7.4
Livability
8
Legal & delivery
8.2
Location & connectivity
7.7
📈 Investor
Value
7.4
Returns & exit
7.6
Legal & delivery
8.2
Location & demand
7.9
Why the scores differ

Homeowner: A solid choice for homeowners seeking a mature, Savills-managed riverside community minutes from District 1. Wellspring Saigon — ranked among HCMC's top bilingual schools — is a short walk away, 80% of units hold pink books, and the 35% construction density preserves genuine riverside open space. The unavoidable trade-off: Nguyễn Hữu Cảnh noise is persistent, the Ruby, Topaz, and Sapphire sub-zones are 15-plus years old and typically require renovation, and Opal buyers should confirm pink book status before transacting.

Investor: The investment case rests on an established expat and wealthy local tenant pool, Savills management supporting retention, and an active secondary market across all sub-zones. Rental yields run 2.5–4% for most configurations — steady income but not high-growth. Metro Line 1 at Tân Cảng (500m walk) is a durable demand anchor, though the appreciation from that catalyst is largely priced into current valuations. Investors targeting Opal units face residual legal uncertainty until the pink book situation is officially confirmed.

Price & Market

Current Market Price
102,3 triệu/m²
📈 +86% since launch
Market range85 triệu – 130 triệu/m²
Unit price6,5 tỷ – 234 tỷ
Rent15 triệu – 200 triệu/mo
Launch price55 triệu/m²
Est. Rental Yield1.1%
  • 🟢 Metro Line 1 Tân Cảng station (500m walk, operational since December 2024) provides a durable transit anchor that reduces CBD commute reliance on Nguyễn Hữu Cảnh — a sustained demand driver for both resale and rental buyers.
  • 🟢 HCMC's secondary condo market gained 32% year-on-year in Q1 2026 (CBRE Q1 2026); Saigon Pearl's resale prices sit below the upper-mid peer median, leaving relative value headroom if the macro trend continues.
  • 🟡 Resale listing prices in the Topaz sub-zone fell sharply over the most recent review window — buyers should verify whether this reflects active seller competition or a change in listing mix before using Topaz as a comp anchor.
  • 🟡 Ring Road 2 (targeting April 2027) and Long Thành Airport Phase 1 (Q4 2026) are regional infrastructure upgrades with limited direct impact on near-CBD residential pricing in Bình Thạnh — more relevant to industrial and logistics than this location.
  • 🔴 Opal Tower pink book status remains unconfirmed by official government records approximately six years after the April 2020 handover — a material due-diligence item for any Opal transaction until formally resolved.
Last updated: June 2026

Is this a good deal?

🟢 ~27% cheaper than comparable projects
Project Price Distance
Saigon Pearl 102,3 triệu/m²
Sunwah Pearl 163 triệu/m² 0.2 km
Vinhomes Central Park 118 triệu/m² 0.5 km

Should you buy here?

Best for:
  • Families seeking an established, low-Airbnb community with top bilingual school access within walking distance
  • Long-term expats (Korean, Japanese, Western) who value Savills-managed residential environment and minimal transient neighbors
  • Value-focused homeowners — resale prices sit 20–30% below newer riverside neighbors while offering comparable proximity to District 1
Not ideal for:
  • Buyers expecting new-build finishes — the Ruby, Topaz, and Sapphire sub-zones are 15-plus years old and interiors typically need renovation budgets
  • Noise-sensitive residents — Nguyễn Hữu Cảnh peak-hour congestion and traffic noise are persistent even at upper floors

Decision Factors

Strengths

  • ~1km Saigon River frontage with three-sided views, a 35% construction density that preserves riverside gardens and open space, and Savills Vietnam professional management — an unusually high quality-of-life floor for this price tier
  • Top-ranked bilingual school (Wellspring Saigon) within a short walk and an international school next door — strongest school proximity of any comparable riverside project in central HCMC
  • Secondary market prices 20–30% below comparable newer riverside supply, with Metro Line 1 Tân Cảng station 500m walk giving CBD access without a car
  • 162 riverside villas with ~1km Saigon River frontage — a category of supply that cannot be replicated anywhere in central HCMC

Tradeoffs

  • !Sustained high traffic noise from the 10-lane Nguyễn Hữu Cảnh frontage — river-facing units are significantly quieter, but street-facing units face a persistent noise environment
  • !Ruby, Topaz, and Sapphire sub-zones are 15-plus years old — layouts and finishes are dated by current standards and renovation costs should be factored into any resale purchase
  • !A disputed ~2.5m wall still blocks the internal riverfront road between Saigon Pearl and Vinhomes Central Park — HCMC authorities recommend removal but SSG Group opposes, leaving the stalemate unresolved

Watch items

  • ?Opal Tower pink book: multiple listing portals describe units as individually titled, but no official government confirmation has been found in public records as of June 2026 — approximately six years after the April 2020 handover — confirm current legal status directly with the developer before any Opal transaction
  • ?Topaz resale listing prices fell sharply in the most recent review window (from ~110M to ~92M VND/m²) — verify whether current asking prices reflect active seller competition or a change in listing mix before using Topaz listings as comp anchors
  • ?Metro Line 1 appreciation is largely priced into current valuations — compare active comps at Vinhomes Central Park and Empire City before assuming additional capital growth from the transit premium

Unit Types

Apartments

1BR
1 Beds · 1 Baths · 50 m²
5,3 tỷ – 5,75 tỷ
107 triệu/m²
Rent: 15 triệu - 22 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 84–99 m²
5,3 tỷ – 12 tỷ
90 triệu/m²
Rent: 19 triệu - 30 triệu/mo
Young families
3BR
3 Beds · 2 Baths · 99–140 m²
6,9 tỷ – 17,5 tỷ
90 triệu/m²
Rent: 22 triệu - 45 triệu/mo
Growing families
4BR
4 Beds · 3 Baths · 143–206 m²
11,5 tỷ – 25 tỷ
95 triệu/m²
Rent: 32 triệu - 55 triệu/mo
Growing families
Penthouse
4 Beds · 3 Baths · 205–300 m²
17 tỷ – 52 tỷ
125 triệu/m²
Rent: 90 triệu - 120 triệu/mo
Growing families
Duplex
5 Beds · 4 Baths · 320–350 m²
Under review
52 tỷ – 85 tỷ
120 triệu/m²
Growing families

Shophouses

Shophouse
0 Beds · 0 Baths · 210–350 m²
Under review
100 tỷ – 150 tỷ
450 triệu/m²
Singles & couples

Villas

Villa 4BR
4 Beds · 4 Baths · 147–210 m²
90 tỷ – 180 tỷ
102,3 triệu/m²
Rent: 110 triệu - 170 triệu/mo
Growing families
Villa 5BR
5 Beds · 5 Baths · 200–400 m²
160 tỷ – 200 tỷ
102,3 triệu/m²
Rent: 145 triệu - 200 triệu/mo
Growing families

Project Details

DeveloperSSG Group / Sunwah Group
Status5 of 5 delivered
Completion2020
Total Units2316
Towers7

Amenities

👨‍👩‍👧 Family: Wellspring International Bilingual School on-site (K-12, Massachusetts curriculum). Vinschool Central Park ~1km. Children's play areas and landscaped gardens throughout the 10.37ha grounds. Vinmec International Hospital ~1km.
🏋️ Fitness: Swimming pools and fitness centers in each tower. Tennis court. BBQ areas. Waterfront jogging path along ~1km Saigon River frontage. Sauna and steam rooms.
🏖️ Lifestyle: Saigon River Club (3,500m²) with dining and event spaces. Zen Japanese Garden (1,000m²). Ground-floor commercial shops and restaurants. ~1km Saigon River frontage with waterfront promenades and riverside villa neighborhood.
🛒 Convenience: 1,200+ car spots, 9,000+ motorcycle spots across multiple basements. Metro Line 1 Tân Cảng station ~500m walk. Waterbus Tân Cảng wharf nearby. Savills concierge and property management services.
🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🎾 Tennis CourtShophouse Street🏍️ Motorbike Parking

Location & Commute

Saigon Pearl

40 min
Tân Sơn Nhất Airport
10 min
District 1 CBD
53 min
Long Thành Airport
Airport (peak)50 min
Airport (off-peak)40 min
CBD (peak)17 min
CBD (off-peak)10 min
Long Thành (peak)60 min
Long Thành (off-peak)53 min
🚇
Metro
Van Thanh Park Station
Nearby
🛍️
Mall
Landmark 81
Nearby
🛒
Supermarket
Cửa hàng WinMart+ Vinhomes Central Park …
Short walk
🏫
Schools
Singapore International School Binh Than…
Next door
🏥
Hospitals
Gia Dinh People’s Hospital
Nearby
🌳
Park
Vinhomes Central Park
Nearby
Major Roads
Nguyễn Hữu CảnhĐiện Biên PhủSaigon Bridge
🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

Established wealthy Vietnamese families and long-term expatriates (Korean, Japanese, and Western) make up the resident base. Minimal Airbnb activity means the community skews toward homeowners rather than short-term renters, and Savills Vietnam management maintains consistent building standards throughout the complex.

Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Hữu Cảnh congested at peak hours despite 10-lane width — Saigon Bridge interchange is the mai...
Nguyễn Hữu Cảnh congested at peak hours despite 10-lane width — Saigon Bridge interchange is the main choke point. Metro Line 1 Tân Cảng station (500m walk) provides a bypass to CBD in ~10 minutes. Waterbus Tân Cảng wharf nearby. A disputed ~2.5m wall blocks the internal riverfront road between Saigon Pearl and Vinhomes Central Park — HCMC authorities recommend removal but SSG Group opposes, creating an ongoing stalemate.
→ Metro Line 1 Tân Cảng station 500m walk — 10 min to Bến Thành, eliminates car commute to CBD. Nguyễn Hữu Cảnh upgraded to 10 lanes. Waterbus Tân Cảng wharf nearby provides river commute alternative.
🌊 Flood Risk
Nguyễn Hữu Cảnh was historically one of HCMC's worst flood-prone streets. A 473 billion VND drainage...
Nguyễn Hữu Cảnh was historically one of HCMC's worst flood-prone streets. A 473 billion VND drainage overhaul resolved the issue — the street has not flooded since. The project itself sits on elevated ground with modern internal drainage, unaffected even during the street's flood era.
→ 473B VND drainage upgrade on Nguyễn Hữu Cảnh eliminated chronic flooding on the street. Project itself sits on elevated ground with independent internal drainage — no flood history within the complex.

Sub-zones

Opal
Opal Apartment, Shophouse
0 listings · 428 units
6,5 tỷ - 19,4 tỷ
115 triệu - 130 triệu/m²
0-4 BD · 50-350 m²
Delivered 2020
Opal commands the highest secondary prices in the complex at approximately 122M VND/m² across 1BR through 4BR configurations, reflecting its newer construction and larger floor plates; pink book status for Opal units must be confirmed directly with the developer before purchase.
🏢
Ruby Apartment
0 listings · 600 units
7,8 tỷ - 25 tỷ
85 triệu - 115 triệu/m²
2-4 BD · 84-350 m²
Delivered 2009
Ruby secondary market is establishing initial price benchmarks at approximately 92M VND/m² for 2BR and 3BR configurations — on the lower end of the Saigon Pearl range, reflecting the sub-zone's older build vintage.
🏢
Sapphire Apartment
0 listings · 526 units
7,5 tỷ - 14 tỷ
85 triệu - 115 triệu/m²
2-4 BD · 84-350 m²
Delivered 2010
Sapphire secondary benchmarks are recording at approximately 92M VND/m² for 2BR and 3BR units, consistent with Ruby; river-facing units in Sapphire 1 typically command a premium above this floor.
🏢
Topaz Apartment
0 listings · 600 units
7,5 tỷ - 14 tỷ
85 triệu - 100 triệu/m²
2-4 BD · 84-350 m²
Delivered 2009
Topaz resale listing prices fell sharply in the most recent review window, pulling back from approximately 110M to around 92M VND/m² and aligning with Ruby and Sapphire — buyers should verify whether this reflects genuine seller competition or a change in listing composition.
Villas
Villas Villa
0 listings · 162 units
78 tỷ - 234 tỷ
4-5 BD · 147-400 m²
Delivered 2009
Villa listing activity has been very thin in the most recent period with no new typical price tracked — the previous benchmark was around 825M VND/m², making these among the most expensive riverfront villas available in central HCMC; buyers should verify current active listings directly.

Growth Catalysts

  • Ring Road 3 HCMC — final push for full 76.3km opening by June 30, 2026 (2026)
  • 🚧Long Thành Airport Phase 1 — 9,000 personnel mobilized; Q4 2026 commercial operations confirmed (2026)
  • 🚧Ring Road 2 HCMC — all three segments now active; Segment 3 (Phạm Văn Đồng–Gò Dưa) resumed clearance May 2026; completion target April 2027 (2027)
  • 🚀Metro Line 5 Phase 1 (Tân Cảng – Bảy Hiền) — NA special policy passed, groundbreaking targeting late 2027, completion 2031 (2031)
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This area scores 91 for Leisure Score · 83 for Family Score

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