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.
Better for long-term living than for investing.
A boutique, fully titled 248-unit riverside estate in Phú Mỹ Hưng's medical campus, with FV Hospital next door and Crescent Mall and a Montessori preschool within a short walk; 2BR resale around 94M/m² sits about 15% below upper-mid peers. The trade-offs are high ambient noise, a thinner on-site amenity set than Scenic Valley 1, and a gross rental yield of roughly 3% with thin resale volume.
Homeowner: A solid choice for homeowners who want hospital and school access on foot. FV Hospital is next door, a Montessori preschool is about 50 m away, Crescent Mall is a short walk, and pink books are issued; the cost is high ambient noise and a thinner on-site amenity set than Scenic Valley 1.
Investor: A steady holding case with modest yield. Corporate and expat tenants tied to FV Hospital and SECC support rental demand and title is clean, but gross yield is around 3% and a 248-unit estate produces few resale transactions.
| 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 | About 15-20% cheaper | Same street with 1,202 units and a much larger on-site amenity set, but a bigger and busier community |
| Midtown Phú Mỹ Hưng | About 30-35% more expensive | Newer upper-mid stock deeper in Phú Mỹ Hưng, priced above the segment median |
| Riverpark Premier | Substantially more expensive | Luxury-tier riverside project on Crescent Lake in Phú Mỹ Hưng, a step up in finish and price |
Resale snapshots put 2-bedroom units at roughly 87-100M VND/m² (typical about 94M), above the 86-91M readings from March 2026, though the sample is thin and listing mix may explain part of the gap.
| 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 issued to residents who completed financial obligations; three towers handed over September–October 2018. Re-checked October 2026: no disputes or new legal developments found. |
Scenic Valley 2
| CBD (peak) | 27 min |
| CBD (off-peak) | 20 min |
| Airport (peak) | 63 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 60 min |
| Long Thành (off-peak) | 56 min |
A mix of Korean, Japanese, Singaporean and Western expatriates alongside Vietnamese professionals and young families. The boutique scale and 2-bedroom-dominant mix draw working couples and small families who prioritise proximity to FV Hospital and the Phú Mỹ Hưng international school cluster.
