💰 2,2 tỷ – 20 tỷ📏 78 triệu/m²🏗️ Delivered 2019🏢 1840 units
Saigon South Residences is Phu My Hung's first project outside the Phu My Hung International Urban Area, located in the University Village area of Nha Be, 5.8km south of Ben Thanh Market. The development comprises roughly 1,840 units across six blocks (A, B, C, D, E, G) ranging 19-29 storeys, with blocks linked by mid-rise connectors and shophouses. Handover began in December 2019 and the project now trades on the secondary market with pink books issued. Amenities span 69 facilities including a 1,700m² infinity pool, kids waterpark, sports courts and 12,817m² of themed green space.
Project news
Phu My Hung Feb 2026 update confirms pink books fully issued at Saigon South Residences
Legal · Feb 2026 · phumyhungcorp.com.vn
Saigon South Residences added to HCMC foreign-buyer-eligible project list in October 2025
Legal · Oct 2025 · theinvestor.vn
Neighborhood
87*
Family Score
Excellent
Family appeal here is exceptionally strong. Saigon South International School (SSIS), one of HCMC's top three international schools, is nearby, with multiple well-reviewed preschools also clustering within a 300m radius.
90
Leisure Score
Excellent
Leisure options are well-served. SC VivoCity, one of HCMC's top malls, is nearby, and the development's own ground-floor retail supports a spread of cafés, casual dining, and a gym.
81
Convenience
Excellent
Daily convenience is strong. A supermarket operates within the development, and the ground-floor retail hosts multiple convenience stores, covering most day-to-day needs without leaving the complex.
73
Health
Good
Healthcare access is solid for a suburban address. FV Hospital, a leading private hospital in HCMC, is 2km away for specialist and emergency needs, backed by pharmacies and clinics within easy walking distance.
65
Transit Access
Good
The nearest bus stop is roughly 590m away, serving route 86 toward central HCMC; the nearest metro station is Ben Thanh at 6.4km.
88
Commute Ease
Excellent
37 min to Q1 Bến Thành via 86. 11 min walk to bus stop.
15
Nightlife
Below Avg
No dedicated nightlife district exists along this stretch. Nguyen Huu Tho is oriented toward daytime retail and residential use, without a concentrated bar or late-night entertainment cluster within walking range.
30
Quietness
Below Avg
Noise levels are high here. Nguyen Huu Tho — a major arterial road — runs directly in front of the development, and several small bars and a karaoke venue sit within 400m, keeping the acoustic environment persistently active.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.6
🏠 Homeowner
Good
7.3
📈 Investor
Solid
Balanced for both homeowners and investors.
Saigon South Residences is Phu My Hung's most accessible entry point outside the main township — delivered, fully pink-booked, and walking distance from SSIS, but carrying a 20% price premium over mid-segment peers and high ambient noise from Nguyen Huu Tho.
🏠 Homeowner
Value
6.2
Livability
7.8
Legal & delivery
8.7
Location & connectivity
7.7
📈 Investor
Value
6.2
Returns & exit
7.2
Legal & delivery
8.7
Location & demand
7.5
Why the scores differ
Homeowner: A solid choice for homeowners who prioritise school access and developer pedigree. Phu My Hung's execution — 31% construction density, mature themed gardens, and a 1,700m² infinity pool complex — sits above most mid-high peers on the Nguyen Huu Tho corridor, and Saigon South International School is within walking distance. The honest trade-offs are persistent arterial road noise from Nguyen Huu Tho directly in front, and a price tag running 20% above the mid-segment peer median.
Investor: The investment case rests on brand-supported liquidity rather than yield. PMH's track record drives structurally present resale demand, and secondary prices have been rising — 3BR units up roughly 9% over two months, in line with HCMC's broader resale momentum. The constraint is yield: rental asking prices imply roughly 3.5–4% gross at current secondary values, below most investor benchmarks. Three infrastructure catalysts — Can Gio Bridge under active construction, Nguyen Huu Tho widening approved for Q4 2026 groundbreaking, Metro Line 4 committed for Q1 2027 — add long-term optionality but none is yet operational.
Price & Market
Current Market Price
78 triệu/m²
📈+105% since launch
Market range
60 triệu – 120 triệu/m²
Unit price
2,2 tỷ – 20 tỷ
Rent
11 triệu – 102 triệu/mo
Launch price
38 triệu/m²
Est. Rental Yield6.1%
•🟢 Pink books issued for 100% of units per Phu My Hung confirmed records — enables standard financing and clean title transfers for all resale transactions. Added to HCMC's foreign-buyer-eligible list in October 2025, expanding the potential buyer pool.
•🟢 Can Gio Bridge broke ground June 3, 2026 — the Nha Be to Can Gio crossing is under active construction targeting mid-2029. Nguyen Khoai bridge-road (Package 2 at ~50%) and Nguyen Huu Tho widening approved for Q4 2026 groundbreaking further reinforce the corridor's infrastructure trajectory.
•🟡 Secondary prices are rising across bedroom types — 2BR up roughly 4%, 3BR up roughly 9% over the past two months. This is consistent with HCMC's broader secondary market momentum (CBRE Q1 2026: former HCMC secondary +32% year-on-year), but project-level snapshots alone do not confirm a broader Nha Be district re-rating.
•🟡 Estimated gross rental yield is roughly 3.5–4.0% based on April 2026 asking rents (12–27M/month for apartments) and current secondary prices — modest but supported by real tenant demand from the University Village area and Ton Duc Thang University at 1.35km.
•🔴 Secondary pricing at ~78M VND/sqm is 20% above the mid-segment peer median of ~65M — a justifiable brand premium given PMH pedigree and SSIS proximity, but buyers should verify current resale comps before committing rather than relying on the asking-price benchmark alone.
Last updated: June 2026
Should you buy here?
Best for:
✓Families with school-age children who prioritise walk-to-SSIS access
✓Homeowners seeking Phu My Hung quality and amenity depth outside the main PMH township
✓Buyers who value clean title and proven building management in a delivered, occupied project
Not ideal for:
✗Noise-sensitive residents — Nguyen Huu Tho front exposure is unavoidable across all six blocks
✗Budget-focused mid-segment buyers — the brand premium of 20% above the peer median stretches further at comparable alternatives
Market Trends
Secondary prices are on an upward trend, with 3BR units rising roughly 9% over the past two months, in line with HCMC's broader resale market momentum tracked by CBRE at +32% year-on-year in Q1 2026.
Decision Factors
Strengths
✓100% pink books issued — no title uncertainty, standard bank financing, and the project was added to HCMC's foreign-buyer-eligible list in October 2025
✓Phu My Hung tier-1 build quality and management track record — well above the mid-high segment norm on the Nguyen Huu Tho corridor
✓Saigon South International School (top-3 international school in HCMC) within walking distance — a rare walk-to-school location outside the main PMH township
✓Rich on-site amenity package: 1,700m² infinity pool complex, kids waterpark, six themed gardens, sports courts, and two-storey clubhouse — rare depth for a 3.29 ha mid-high project
Tradeoffs
!Nguyen Huu Tho fronts every block — high ambient traffic noise is structural and year-round, not a seasonal or sub-zone-specific issue
!Priced 20% above the mid-segment peer median; homeowners and investors pay a brand premium that may not translate fully into resale gains over shorter horizons
!No metro connectivity today — all current public transit is bus-based, with the nearest metro station 6.4km away
Watch items
?Nguyen Huu Tho widening to 10 lanes approved with groundbreaking targeted Q4 2026 — expect 2+ years of adjacent construction noise and access disruption before the upgraded corridor delivers
?Metro Line 4 groundbreaking committed Q1 2027 along Nguyen Huu Tho — material long-term connectivity uplift, but commercial operation is 5+ years away; verify construction progress before building an investment thesis around it
?Verify current resale comps by bedroom type before committing — secondary pricing varies across the six blocks and the project's 20% premium over the mid-segment median means buyers should confirm live market evidence
Unit Types
Apartments
2BR
2 Beds · 2 Baths · 65–75 m²
4,7 tỷ – 6,5 tỷ
79 triệu/m²
Rent: 12 triệu - 18 triệu/mo
Young families
3BR
3 Beds · 2 Baths · 94–104 m²
6 tỷ – 8,35 tỷ
76 triệu/m²
Rent: 15 triệu - 27 triệu/mo
Growing families
Shophouses
Shophouse
0 Beds · 1 Baths · 140–180 m²
15 tỷ – 20 tỷ
110 triệu/m²
Rent: 46 triệu - 102 triệu/mo
Singles & couples
Project Details
Developer
Phu My Hung Development Corporation
Status
Delivered 2019
Completion
2019
Total Units
1840
Towers
6
Legal Information
Launch Date
2016-10
Handover
2019-12-05
Construction Permit
Approved
Pink Book
Issued
Pink Book %
100%
Legal Notes
Developer Phu My Hung (PMH) is a long-established blue-chip developer. Pink books have been issued for 100% of units per PMH confirmed records, enabling standard bank financing and clean title transfers. Long-term ownership for Vietnamese buyers. In October 2025, the Phuoc Kien Residential Area (Saigon South Residences) was officially added to HCMC third 2025 announcement of projects eligible for purchase by foreign individuals and organisations, expanding the eligible list to 88 projects. Foreign buyers remain subject to the standard 30% per-building ownership cap. Administrative note: Phuoc Kien commune (xa Phuoc Kien) was merged into the new xa Nha Be ward effective July 1, 2025 under HCMC Resolution 1685/NQ-UBTVQH15 — unit addresses now reference xa Nha Be. Construction permit was approved prior to the 2016 sales launch. June 26, 2026 search found no legal disputes, encumbrances, or registration issues.
Young families drawn by SSIS proximity and Phu My Hung's management quality, alongside professionals and academic staff from the University Village area. International residents are an emerging cohort following the project's addition to HCMC's foreign-buyer-eligible list in October 2025.
Sub-zones
🏢
Block A
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
🏢
Block B
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
🏢
Block C
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
🏢
Block D
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
🏢
Block E
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
🏢
Block G
0 listings
2,2 tỷ - 20 tỷ
60 triệu - 120 triệu/m²
Notable Places
Amphitheater
Open-air amphitheater used for resident events, childrens performances and seasonal gatherings. Uncommon in Saigon condo projects — most dont carve out dedicated event space.
Boutique Garden
Smaller intimate garden pocket with seating designed for quiet reading and conversation. Part of the projects multi-themed garden sequence that sets it apart from single-lawn competitors on Nguyen Huu Tho.
Four Season Garden
Landscape zone planted so colour and texture shift through the year rather than staying static. Distinctive horticultural theme rarely executed at this price point in Nha Be.
Infinity Pool Complex
1,700m² infinity pool complex combining a main overflow pool, relaxation pool, childrens pool and jacuzzi — one of the larger residential pool footprints in the Nguyen Huu Tho corridor. Clubhouse gym on floor 2 overlooks the water.
Kids Waterpark
Interactive water play area for small children sitting alongside the main pool. Rare as a standalone on-site feature in the segment — most mid-high condos offer only a shallow kids pool rather than a splash park.
Residents Clubhouse
Two-storey clubhouse: billiards and table tennis on the ground floor, gym on floor 2 with floor-to-ceiling glass overlooking the 1,700m² pool. Better sightlines than the typical basement or podium gym used by comparable Nha Be projects.
Sculpture Garden
Outdoor garden with art pieces and reading nooks aimed at families with kids. Design-led amenity unusual for the mid-high segment — most competitors stick with generic playground equipment.
Tropical Garden
Themed garden with tropical planting and a jogging track, part of the 12,817m² green network that covers roughly 70% of site area. Mature landscaping since the 2019 handover — no waiting for trees to grow in.
Explore Vietnam
Delivered 2019
