💰 4,7 tỷ – 8,35 tỷ📏 76,5 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 is strong, with early education and international schooling close by. Several preschools sit within about 300 m, and Saigon South International School, one of HCMC's top private primary schools, is about 0.6 km away.
90
Leisure Score
Excellent
Leisure options are deep for a residential address. The development has its own gardens, kids waterpark and amphitheater, cafés and casual dining cluster just outside, and SC VivoCity is nearby.
81
Convenience
Excellent
Daily essentials are well covered. A supermarket and convenience stores sit within the development, and Aeon Citimart is about 300 m away for larger shops.
73
Health
Good
Medical access is good for everyday needs and workable for serious care. Pharmacies and dental clinics are within about 250 m, and FV Hospital is 2.0 km away.
65
Transit Access
Good
Bus stops are roughly 0.6 km away, while the nearest metro, Ben Thanh Station, is about 6.4 km away.
88
Commute Ease
Excellent
37 min to Q1 Bến Thành via 86. 11 min walk to bus stop.
15
Nightlife
Below Avg
Nightlife is effectively absent, with no dedicated bar or club district nearby. Evenings are residential in character, with scattered local venues rather than a destination scene.
30
Quietness
Below Avg
Quietness is a weak point, with ambient noise rated high. Several local bars and karaoke venues sit within about 400 m, so residential clusters are close to small-venue activity.
* 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 a mature, Phu My Hung-built family complex with pink books issued for every unit, Saigon South International School close by and a typical resale price of about 76.5M VND/m² (67.5-85.5M), above mid-segment peers. Buyers should weigh that premium against high corridor noise, bus-only commuting for now and possible works disruption while Nguyễn Hữu Thọ is widened.
🏠 Homeowner
Value
6.3
Livability
7.8
Legal & delivery
8.7
Location & connectivity
7.7
📈 Investor
Value
6.3
Returns & exit
7.2
Legal & delivery
8.7
Location & demand
7.5
Why the scores differ
Homeowner: A solid choice for homeowners who want a mature, family-oriented complex in Nhà Bè. Pink books are issued for every unit, the towers have been occupied since 2019, and Saigon South International School and several preschools are close by. The trade-offs are high noise along Nguyễn Hữu Thọ, congestion and possible works disruption until the corridor is widened, and a price above the mid-segment norm.
Investor: The case rests on clean title and a documented resale market rather than yield. Rent against current resale levels works out at roughly 3-4% gross, and the price already sits above mid-segment peers. Foreign-buyer eligibility since October 2025 widens the exit pool, but most road and metro upside is still years from completion.
Price & Market
Current Market Price
76,5 triệu/m²
📈+101% since launch
Market range
62 triệu – 88 triệu/m²
Unit price
4,7 tỷ – 8,35 tỷ
Rent
11 triệu – 27 triệu/mo
Launch price
38 triệu/m²
Est. Rental Yield3.5%
•🟢 Legal status is clean: pink books were fully issued by October 2022 and the project joined HCMC's foreign-buyer-eligible list in October 2025, which widens the resale buyer pool (30% per-building cap applies).
•🟡 At about 76.5M VND/m² the project prices roughly 18% above the mid-segment peer median of 65M. According to CBRE (May 2026), Q1 2026 condominium secondary averages were VND 67M/m² in former HCMC (+32.3% y-o-y) and 61M in the wider new HCMC, so the project carries a premium to both.
•🟢 Corridor projects are moving: the Nguyễn Khoai bridge-road (targeting Q2 2028) is under construction and the Can Gio Bridge was ordered to start on-site works by September 2026 (completion targeted end-2029), while the Nguyễn Hữu Thọ widening is approved for Q4 2028.
•🟡 Metro Line 4 will run along Nguyễn Hữu Thọ, the road the project fronts, but only the feasibility study was licensed (May 2026) with groundbreaking committed for Q1 2027, so it is upside rather than something to price in today.
•🔴 According to CBRE (May 2026), floating mortgage rates of 12-15% are the main headwind to HCMC condominium demand, and the city forecast is 33,500 new units in 2026, so financed buyers and competing supply can slow resale at a premium price.
Last updated: October 2026
Is this a good deal?
Project
Price
Distance
Saigon South Residences
76,5 triệu/m²
—
Green Valley (Phu My Hung)
Similarly priced (about 3% higher)
Inside the established Phu My Hung urban area at a comparable resale level; the trade-off is township location versus Saigon South Residences' larger on-site garden and pool package
Garden Plaza 1 (Phu My Hung)
Roughly 70% more expensive
Core Phu My Hung address at a much higher price point; Saigon South Residences is the lower-cost entry into a Phu My Hung-built project
Cardinal Court (Phu My Hung)
Roughly 65-100% more expensive
Higher-priced Phu My Hung product with a wide resale range; buyers pay a large premium over Saigon South Residences for the core township address
Should you buy here?
Best for:
✓Families with young children who want preschool and international-school access nearby, plus an on-site pool, kids waterpark and gardens
✓Homeowners who want clean title in a completed, occupied project from an established developer
✓Buyers who value a low-density, green layout over a quiet street
Not ideal for:
✗Noise-sensitive buyers who need a quiet address
✗Daily commuters to District 1 who need rail access today or cannot tolerate corridor congestion and works
✗Budget-driven buyers looking for mid-segment pricing
Market Trends
Resale prices have held around VND 76-79M/m² through mid-2026, with the project-level typical at about 76.5M and the latest 3BR reading too thin to show a direction.
Decision Factors
Strengths
✓Clean title: pink books issued for 100% of units since October 2022, long-term ownership, and eligible for foreign buyers since October 2025.
✓Amenities are fully built and mature: 31% construction density, about 12,800 m² of themed gardens, a 1,700 m² infinity pool, kids waterpark and two-storey clubhouse.
✓Schooling is a genuine draw: Saigon South International School is about 0.6 km away and several preschools sit within about 300 m.
✓Resale prices have held around 76-79M VND/m² across repeated March to July 2026 snapshots, with the project-level typical at about 76.5M.
Tradeoffs
!Ambient noise is high, with local bars and karaoke venues within about 400 m and a busy Nguyễn Hữu Thọ corridor, so this is not a quiet address.
!Price sits about 18% above the mid-segment peer median, and rent asks of roughly VND 12-27M/month imply only about 3-4% gross yield.
!The nearest metro station is about 6.4 km away, so commuting relies on buses (about 37 min to Bến Thành) until the corridor projects are delivered.
Watch items
?Nguyễn Hữu Thọ widening to 10 lanes with an elevated section was still in investor selection in mid-2026, with groundbreaking targeted Q4 2026 and completion Q4 2028; ask how works could affect frontage access and noise.
?The latest 3BR resale snapshot has no typical price, so verify live 3BR comps before bidding; Metro Line 4 has only a licensed feasibility study (groundbreaking committed for Q1 2027), so treat it as upside, not a base case.
?No resident review digest is available, so check management quality, parking ratio, elevator reliability and any remaining foreign-ownership quota in the building before buying.
Unit Types
Apartments
2BR
2 Beds · 2 Baths · 65–75 m²
4,7 tỷ – 6,5 tỷ
77 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
Under review
≈ 10,71 tỷ – 13,77 tỷ est.
76,5 triệu/m²
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. Added to HCMC's foreign-buyer-eligible project list in October 2025 (88 projects total); foreign buyers remain subject to the standard 30% per-building ownership cap. Administrative note: Phuoc Kien commune was merged into 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. August 22, 2026 search found no new legal disputes, encumbrances, or registration issues; pink book and ownership status unchanged since the June 2026 review.
Families with young children and homeowners who prioritise schooling, green space and on-site amenities over a quiet address.
Sub-zones
🏢
Block A
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 triệu/m²
🏢
Block B
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 triệu/m²
🏢
Block C
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 triệu/m²
🏢
Block D
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 triệu/m²
🏢
Block E
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 triệu/m²
🏢
Block G
0 listings
4,7 tỷ - 8,35 tỷ
62 triệu - 88 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
