Explore VietnamReal Estate
Explore VietnamPhú Mỹ Hưng
Delivered 2018 · Pink books 100%
A rare Phú Mỹ Hưng project sandwiched between the Thầy Tiêu River and the Nam Sài Gòn Golf Course — every unit receives natural light and cross-ventilation from both sides — combined with a self-contained four-storey commercial podium absent from most PMH residential complexes.
Scenic Valley 2 is a boutique riverside complex by Phú Mỹ Hưng in the medical campus zone of District 7, comprising three 17-storey towers with 248 apartments on a 1.39-hectare site flanked by the Thầy Tiêu River on one side and the Nam Sài Gòn Golf Course on the other. Designed by Singapore-based KYTA around a 'home in a green garden' concept, each unit is oriented for cross-ventilation from both the river and the golf course, and a four-storey commercial podium with 47 integrated shops distinguishes it from its Scenic Valley 1 predecessor.
Balanced for both homeowners and investors.
A strong niche pick in Phú Mỹ Hưng for expats, healthcare professionals, and corporate tenants — Thầy Tiêu River and Nam Sài Gòn Golf Course flank the complex on either side, FV Hospital is next door, and pink books are fully issued. Limited on-site recreational space, high ambient noise, and no nearby metro are the inherent tradeoffs.
Homeowner: A solid choice for homeowners who value PMH quality and healthcare proximity over a large on-site recreational campus. Legal clarity is complete — pink books fully issued since 2018 — and current secondary pricing sits about 16% below the upper-mid peer median, offering sensible entry. The main quality-of-life caveat is ambient noise: surrounding commercial and karaoke activity registers as high, and the on-site recreational offer is more modest than larger PMH complexes.
Investor: A reliable income asset rather than a high-growth play. The FV Hospital and SECC tenant cluster provides consistent demand, and 2BR rents of 15–23 million VND/month support a gross yield around 3–4%. Boutique scale (248 units) means resale transactions are infrequent — plan for a 3–5 year hold to find the right buyer, particularly in softer market conditions.
| Market range | 87 triệu – 100 triệu/m² |
| Unit price | 6,1 tỷ – 9,7 tỷ |
| Rent | 15 triệu – 30 triệu/mo |
| Launch price | 34 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Scenic Valley 2 | 94 triệu/m² | — |
| Scenic Valley 1 | Similarly priced per m² | Same street, 7 blocks and 1,202 units — larger community with more on-site amenities |
| Riverpark Premier | Similarly priced, upper-mid segment | Also Phú Mỹ Hưng District 7, riverside along Crescent Lake — larger units, different view orientation |
| My Phuc | Lower per-m² — more affordable PMH entry point | Adjacent Phú Mỹ Hưng zone, older mid-range stock with less convenient amenity access |
2BR resale prices have edged up slightly to around 94M/m² while 3BR data remains too thin for a confident read — the secondary market is active but boutique in volume.
| Developer | Phú Mỹ Hưng |
| Status | Delivered 2018 |
| Total Units | 248 |
| Towers | 3 |
| Launch Date | 2016-03 |
| Handover | 2018-09 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | Pink books fully issued to all residents who completed their financial obligations. Three towers (A, B, C) handed over September–October 2018, on schedule. Managed by Phú Mỹ Hưng Corporation. Units actively trading in the secondary market with clean title. No legal disputes found as of June 2026. |
Scenic Valley 2
| CBD (peak) | 34 min |
| CBD (off-peak) | 21 min |
| Airport (peak) | 69 min |
| Airport (off-peak) | 54 min |
| Long Thành (peak) | 67 min |
| Long Thành (off-peak) | 55 min |
A mix of Korean, Japanese, Singaporean, and Western expatriates alongside Vietnamese professionals and young families. The boutique scale and 2-bedroom-dominant unit mix draw working couples and small families who prioritize proximity to FV Hospital and the Phú Mỹ Hưng international school cluster.
