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5 of 5 delivered
Swan City Vietnam (CFLD)
5 of 5 sub-zones delivered
Vietnam's only private island residential township within reach of Saigon — 200 ha at 17% build density, ringed by river, with marina, golf, and full-island master planning by a Singapore developer.
A 200-hectare island township on Đại Phước Island, Nhơn Trạch, developed under the SwanBay brand by Vina Đại Phước (Phú Long Group — 100% Vietnamese private capital as of January 2023). Build density caps at 17% — the remaining 83% is parks, lakes, riverfront promenade, and a marina — wrapped around five branded sub-zones of villas, townhouses, shophouses, and a Le Centre apartment-and-retail core, ringed by the Đồng Nai and Soài Rạp rivers.
Balanced for both homeowners and investors.
A private island township 10 minutes from District 2 by ferry — SwanBay Đại Phước delivers 200 ha at 17% build density, with golf adjacency, a private marina, and Đồng Nai River frontage on all sides that no mainland alternative near HCMC can match at this price range. The binding tradeoff is ferry dependency until Cát Lái Bridge opens in 2029, and thin on-site healthcare for full-time residents.
Homeowner: A solid island retreat for homeowners who can accept the ferry crossing. The 200 ha island delivers exceptional low-density living — golf adjacency, a river promenade, and a private marina pier that no mainland township near HCMC replicates at this price range. The meaningful tradeoffs are healthcare (FV Hospital 12.7 km away, no on-site clinic) and today's thin daily retail; these make it better suited as a second home than a full-time primary residence. Pink books are issued for three of five sub-zones, with Le Centre apartments in post-handover processing.
Investor: An infrastructure-catalysed thesis with a 3-year wait for its most decisive catalyst. Rental yields are thin (~1.5-2%) given the narrow weekend-retreat tenant pool, and the resale buyer universe is constrained by island ferry dependency until Cát Lái Bridge opens in 2029. Ring Road 3 (operational since August 2025) and the Ben Lục-Long Thành Expressway (September 2026 target) improve the overland option and the Long Thành Airport commercial launch (Q4 2026) broadens the project's addressable buyer base. Island supply scarcity and multiple converging catalysts support a medium-term price hold for patient investors rather than a near-term yield play.
| Unit price | 1,5 tỷ – 65 tỷ |
| Rent | 7 triệu – 35 triệu/mo |
| Launch price | 27 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Elyse Island | 130 triệu/m² | 1.6 km |
| Aqua City (Novaland, Nhơn Trạch) | Comparably priced for townhouses and entry villa products; SwanBay carries an island premium on standalone villa lots that mainland Aqua City does not replicate | Mainland Nhơn Trạch — directly road-accessible but no island exclusivity; Novaland bond restructuring (2022-2024) affected delivery confidence and secondary prices |
| Eco Village Saigon River (Nhơn Trạch) | Lower price range for townhouse and smaller villa products — positions as a more accessible entry to the Nhơn Trạch riverside segment | Mainland Nhơn Trạch riverside, ~1.6 km from SwanBay — smaller scale, no island premium, no marina or golf adjacency |
Resale prices in the delivered sub-zones are holding on the strength of island supply scarcity and accelerating infrastructure activity, but thin transaction volumes keep bid-ask spreads wide.
| Developer | Swan City Vietnam (CFLD) |
| Status | 5 of 5 delivered |
| Total Units | 415 |
| Towers | 2 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Long-term pink book (sổ hồng) for villas/townhouses/shophouses; Le Centre apartments carry 50-year condominium ownership for foreign buyers per standard quota. Master 1/500 plan approved by Đồng Nai Province. Marina Villas, Garden Villas, and La Maison sub-zones already pink-booked; Le Centre apartment pink books in post-handover application process. Oasia sub-zone received construction permit No. 26/2025 for clubhouse and sports facilities. Ownership: CFLD Group completed its capital withdrawal from Vina Đại Phước JSC in January 2023; Phú Long Real Estate (Công ty Địa ốc Phú Long, owned by billionaire Nguyễn Thị Phương Thảo) acquired the project — Vina Đại Phước now holds 100% Vietnamese private capital of approximately 1.654 trillion VND. The SwanBay brand and Swan City Property Management continue to operate the development. Searched June 2026: no further material legal changes found. |
SwanBay Đại Phước
| CBD (peak) | 43 min |
| CBD (off-peak) | 36 min |
| Airport (peak) | 63 min |
| Airport (off-peak) | 58 min |
| Long Thành (peak) | 54 min |
| Long Thành (off-peak) | 49 min |
The island draws mostly second-home buyers and weekend retreat owners from Saigon — the ferry crossing filters out daily commuters and preserves the project's resort character. A smaller segment of foreign retirees and expats lives full-time in the earlier Marina Villas and La Maison sub-zones, drawn by long-term pink book ownership, generous lot sizes, and proximity to the Jeongsan Golf Course.
