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7 of 8 delivered
Đại Quang Minh Real Estate Investment JSC (THADICO / THACO Group)
7 of 8 sub-zones delivered · 1 upcoming 2027
HCMC's most complete luxury urban area — 106ha with 150ha ecological forest, yacht marina, Thiso Mall, Savills management, and pink books across all delivered phases.
106-hectare master-planned urban area in Thu Thiem by Dai Quang Minh (THACO Group). Comprises 7 branded residential phases — Sarimi, Sadora, Sarica, Sarina, Saroma Villa, Saritown, and Sarene — totaling over 3,700 units across apartments, compound villas, commercial townhouses, and shophouses. Anchored by a 150-hectare ecological forest park along the Saigon River, a 65-berth yacht marina, and Thiso Mall (33,000 sqm). Only 24% construction density across the entire site. Designed by Ong & Ong (Singapore) and managed by Savills. One of HCMC's most established luxury neighborhoods with pink books issued for all delivered phases.
Balanced for both homeowners and investors.
Sala is HCMC's most mature luxury compound — a 106-hectare Savills-managed enclave in Thu Thiem with an on-site bilingual school, 150-hectare ecological forest, and clean legal records across all delivered sub-zones. Buyers pay above the upper-mid peer median for the compound lifestyle and green coverage, while accepting that rental yields stay below 4% and peak-hour connectivity still depends on the Thu Thiem Tunnel rather than rail.
Homeowner: A strong homeowner choice for those who value living space, green infrastructure, and school access. The 24% construction density, 150-hectare ecological forest, and VAS bilingual K-12 school within the development are genuinely rare in HCMC's luxury segment. The tradeoffs: no on-site hospital (Vinmec Central Park is 2.3km) and peak-hour Mai Chi Tho congestion that won't ease materially until Metro Line 2 opens around 2030. Pricing sits above the upper-mid peer median — buyers are paying for the compound lifestyle and green coverage, not for relative value entry.
Investor: A solid holding asset underpinned by an active secondary market and a track record of 200–380% appreciation since 2015. The expat and C-suite tenant pool supports consistent rental demand, but yields run 2.5–4% rather than the ≥4% level that defines top-band rental investments. Four infrastructure catalysts are under active construction — Metro Line 2, the Bach Dang–Thu Thiem pedestrian bridge, Thu Thiem 4 Bridge, and the Political-Administrative Center — which supports the medium-term appreciation thesis. The key risk is concentration: Dai Quang Minh controls the immediate supply, and the premium entry price narrows the secondary buyer pool.
| Unit price | 9,5 tỷ – 490 tỷ |
| Rent | 22 triệu – 350 triệu/mo |
| Launch price | 45 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Sala | 132 triệu/m² | — |
| Masteri An Phu | 50–60% less expensive | Established District 2 tower cluster in An Phu — walkable street-level dining and good highway access, but a different scale and no internal ecological forest |
| Vinhomes Central Park | 45–55% less expensive | Large Vinhomes compound in Binh Thanh with Vinschool K-12 and Vinmec on-site — higher construction density than Sala but Metro Line 1 access already operational |
| The River Thu Thiem | 15–25% less expensive | CapitaLand luxury towers in Thu Thiem — similar District 1 proximity, but smaller footprint and no internal ecological forest or on-site school |
Secondary apartment prices at Sala were flat over the 30-day window, signaling a stable seller market with no urgency to discount.
| Developer | Đại Quang Minh Real Estate Investment JSC (THADICO / THACO Group) |
| Status | 7 of 8 delivered |
| Completion | 2027 |
| Total Units | 2571 |
| Towers | 13 |
| Launch Date | 2015 |
| Handover | 2027 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | All delivered sub-zones (Sarimi 2016, Sadora 2017, Sarica 2017, Sarina 2019, Saroma villas, Saritown, Nguyễn Cơ Thạch shophouses) have pink books issued — Đại Quang Minh confirmed 1,000+ transfers across Sala as of early 2026. Sarene (Lot 6.8, north of Mai Chí Thọ) under construction since January 13, 2026; construction permit approved, official sales targeting June 2026, handover targeted October–November 2027, pink books pending post-handover. June 28, 2026 check: no new legal disputes or impediments found. |
Sala
| CBD (peak) | 16 min |
| CBD (off-peak) | 11 min |
| Airport (peak) | 52 min |
| Airport (off-peak) | 41 min |
| Long Thành (peak) | 53 min |
| Long Thành (off-peak) | 48 min |
Affluent Vietnamese professionals, C-suite executives, and expatriates — predominantly from Korea, Japan, and Singapore. High owner-occupancy rate with minimal short-term rental activity. An established community with long-term residents across all delivered sub-zones, maintained to consistent standards by Savills Vietnam.
