Thảo Điền Green - Boutique Riverside Residences in Thảo Điền
Công ty Cổ phần Đầu tư Bất động sản SIC
Delivered 2023 · Pink books 100%
The last boutique riverside tower on Nguyễn Văn Hưởng — every unit has Saigon River views, ELIS nursery on-site, and Savills-managed operations.
💰 7 tỷ – 86,2 tỷ📏 168 triệu/m²🏗️ Delivered 2023🏢 214 units
Thảo Điền Green is a boutique luxury high-rise at 192 Nguyễn Văn Hưởng in Thảo Điền, developed by SIC Corp and managed by Savills Vietnam. The single 25-storey tower holds residences and 9 shophouses on a 4,967 m² riverside plot, oriented so all units command panoramic Saigon River views from a podium-level amenity deck anchored by an infinity pool. SIC's first Ho Chi Minh City project is distinguished by premium finishes — Spanish porcelain floors, Italian bathroom fixtures, Bosch appliances — and 8 m² of green space per resident, four times the citywide average. Published sources differ on the apartment count (204 vs 214); verify with the developer.
Project news
Management fee waiver for original purchasers was scheduled to end in August 2026
Legal · Aug 2026 · guland.vn
Pink books (sổ hồng) fully issued for all Thảo Điền Green units
Legal · Dec 2023 · aqland.vn
Area news
HCMC new land price table takes effect January 2026, raising the taxable base for property transactions citywide
Policy · Jan 2026 · hdnd.hochiminhcity.gov.vn
Neighborhood
78*
Family Score
Good
Family appeal is strong, with childcare inside the building and several international schools nearby. ELIS Nursery is on-site, and the International French School of Ho Chi Minh City is about 410 m away.
91
Leisure Score
Excellent
Leisure options are deep for a residential tower. Cafés and casual restaurants are within a few hundred metres, so most social outings can be done on foot, with Sense City Pham Van Dong mall about 1.6 km away.
68*
Convenience
Good
Daily essentials are well covered for a boutique tower. Annam Gourmet is on-site, and convenience stores and a supermarket sit within roughly 300–510 m.
55
Health
Average
Medical access is adequate for routine needs but not close for emergencies. Pharmacies and a general clinic are within about 1.1 km, while Vinmec Central Park International Hospital is 2.8 km away.
25
Transit Access
Below Avg
Walking access to transit is weak: the nearest ferry terminal is about 1.1 km away and Thảo Điền Station on MRT 1 is 2.6 km, so most trips start with a short ride.
92
Commute Ease
Excellent
30 min to Q1 Bến Thành via 153 → MRT1. 4 min walk to bus stop, 1 transfer.
29
Nightlife
Below Avg
Nightlife is limited to scattered bars and live-music venues; there is no dense club district. Most options sit 200–800 m away and cater to a casual, expat-oriented evening crowd.
3
Quietness
Below Avg
The area is not quiet. Several bars, live-music venues and late cafés sit within roughly 100–600 m, and ambient noise is rated high.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.7
🏠 Homeowner
Good
7.4
📈 Investor
Solid
Balanced for both homeowners and investors.
A boutique, fully delivered riverside tower with issued pink books, Savills management and an in-building nursery, priced below luxury peers. The trade-offs are high ambient noise, a thin single-tower resale market and a few facts to verify before buying: current comps, the now-full management fee and the unit count.
🏠 Homeowner
Value
7.6
Livability
7.5
Legal & delivery
8.7
Location & connectivity
7.3
📈 Investor
Value
7.6
Returns & exit
7
Legal & delivery
8.7
Location & demand
7.1
Why the scores differ
Homeowner: A good fit for homeowners who want a boutique, fully delivered riverside tower with professional management. Savills runs the building, an ELIS nursery and Annam Gourmet are inside it, pink books are issued, and resale pricing sits below comparable luxury projects. The trade-offs are a noisy surrounding strip, school-run congestion on Nguyễn Văn Hưởng, a compact site with limited grounds, and a management fee that is now payable in full.
Investor: A clean-title rental asset with a steady expat tenant pool, but returns are moderate and exit depends on live comps. Gross yield lands around 3-4% at current resale levels, and a single sold-out tower means few comparable listings. Top-end resale snapshots run far above the 2BR level, so check recent transactions before pricing an entry or an exit.
Price & Market
Current Market Price
168 triệu/m²
📈+95% since launch
Market range
128 triệu – 240 triệu/m²
Unit price
7 tỷ – 86,2 tỷ
Rent
25 triệu – 234 triệu/mo
Launch price
86 triệu/m²
Est. Rental Yield3.3%
•🟢 Pink books are fully issued and the final 79 units sold in December 2024, so this is now a resale-only market with no off-plan or title risk
•🟢 At about 168M/m², 2BR resale pricing is roughly 14% below the luxury peer median of about 195M/m², which supports relative value for a river-facing boutique tower
•🟡 June 2026 resale typicals run from about 145M/m² (1BR) to 220M/m² (3BR); the 260-380M/m² top-end snapshot is a thin-sample mix and should not be read as a project-wide re-rating
•🟡 Rent snapshots of roughly 25-80M VND/month across unit sizes against resale totals of about 7-31B VND imply gross yields near 3-4%, so returns lean on expat demand rather than yield
•🟡 According to CBRE (May 2026), floating mortgage rates of 12-15% are the main headwind to condo demand, and HCMC's land price table (effective January 2026) raises the transfer-tax base on resale, both of which narrow the luxury buyer pool
Last updated: October 2026
Is this a good deal?
Project
Price
Distance
Thảo Điền Green
168 triệu/m²
—
Xi Riverview Palace
85 triệu/m²
0.1 km
Tropic Garden
70 triệu/m²
0.5 km
D'Edge
118 triệu/m²
0.5 km
River Garden
99 triệu/m²
0.5 km
Should you buy here?
Best for:
✓Expat and affluent local families who want river views and professional management in a boutique tower
✓Families with young children who value an in-building nursery and international schools within about 500 m
Not ideal for:
✗Buyers who want a quiet street and large landscaped grounds
✗Buyers who plan to rely on walking to metro or a hospital
Market Trends
Resale pricing centres on about 168M/m² for 2BR (June 2026), with 1BR near 145M and 3BR near 220M; higher top-end snapshots are thin-sample.
Decision Factors
Strengths
✓Pink books are fully issued and handover completed in August 2023, so there is no title or off-plan risk at transfer
✓Every unit faces the Saigon River, with a podium infinity pool and Savills handling building management
✓ELIS Nursery and Annam Gourmet are inside the building, with the International French School of Ho Chi Minh City about 410 m away
✓2BR resale pricing of about 168M/m² sits roughly 14% below the luxury peer median
Tradeoffs
!Ambient noise is high from the surrounding bar and café strip, and Nguyễn Văn Hưởng congests at school-run hours
!A single tower on a 4,967 m² plot means limited grounds and a thin resale market with few comparable listings
!Gross rental yield is roughly 3-4% at current resale levels, and Thảo Điền Station is about 2.6 km away rather than walkable
Watch items
?Resale snapshots are noisy: June 2026 typical prices were about 145M (1BR), 168M (2BR) and 220M/m² (3BR), while an April 2026 top-end snapshot ran 260-380M/m². Verify recent comparable sales for the exact unit type before pricing
?The original-purchaser management-fee waiver was scheduled to end in August 2026, so 31,000 VND/m²/month (about 2.6M VND/month for an 85 m² unit) should now apply in full. Confirm current billing and the parking allocation with the Savills office, as two basement levels serve the whole building
?Published sources differ on the apartment count (204 vs 214), and there is no resident-review data to confirm day-to-day operations. Check the count with the developer and speak to current owners
Unit Types
1BR
1 Beds · 1 Baths · 54.83–61.61 m²
7 tỷ – 10 tỷ
145 triệu/m²
Rent: 25 triệu - 31 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 83.51–88.8 m²
11,5 tỷ – 17 tỷ
168 triệu/m²
Rent: 32 triệu - 50 triệu/mo
Young families
3BR
3 Beds · 2–3 Baths · 109.09–131.66 m²
20 tỷ – 31 tỷ
220 triệu/m²
Rent: 60 triệu - 80 triệu/mo
Growing families
Penthouse
4 Beds · 4–5 Baths · 322.06–400.71 m²
Under review
≈ 54,11 tỷ – 67,32 tỷ est.
168 triệu/m²
Growing families
Project Details
Developer
Công ty Cổ phần Đầu tư Bất động sản SIC
Status
Delivered 2023
Total Units
214
Legal Information
Launch Date
2020
Handover
2023-08
Construction Permit
Approved
Pink Book
Issued
Pink Book %
100%
Legal Notes
Vietnamese nationals receive long-term title; foreign nationals hold a 50-year leasehold under Vietnamese law. Pink books reported fully issued. No legal disputes found in the October 2026 search (Thảo Điền Green sổ hồng, SIC pháp lý, tin tức 2026). The management-fee waiver for original purchasers was scheduled to end in August 2026; buyers should verify current billing with the management office. Published sources differ on unit count (204 vs 214 apartments); verify with the developer or sales agent.
Amenities
👨👩👧Family: ELIS nursery operates on the amenity podium, providing on-site branded childcare — rare at this scale in Thảo Điền's boutique high-rises. Landscaped walking paths, a children's play zone, and a foot massage stone garden create a multi-generational outdoor environment.
🏋️Fitness: The podium fitness centre includes a fully equipped gym and yoga studio. An infinity pool with Saigon River panorama, a Jacuzzi, and a foot massage stone garden complete the wellness offering — all on the same amenity floor.
🏖️Lifestyle: Annam Gourmet and Wayne's Coffee operate in the ground-floor shophouse strip, covering premium grocery and daily café needs without leaving the building. The landscaped BBQ terrace and garden party zone support social gatherings within the complex.
🛒Convenience: Two basement levels accommodate resident and visitor parking. Savills provides 24-hour building management, concierge services, and maintenance at 31,000 VND/m²/month. Generator backup ensures uninterrupted power for all common areas and lifts.
🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car ParkingShophouse Street🏍️ Motorbike Parking
A cosmopolitan mix of expatriates — Korean, Japanese and European — working in finance and technology, alongside affluent Vietnamese families who prize the Thảo Điền lifestyle and proximity to international schools. The expat concentration keeps rental demand steady and the community internationally oriented.
Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Văn Hưởng narrows toward the river end, causing congestion during school-run hours (7–8 AM, 4...
Nguyễn Văn Hưởng narrows toward the river end, causing congestion during school-run hours (7–8 AM, 4–5 PM). The Thảo Điền enclave has few through-roads, funneling traffic onto Quốc Hương and Xa Lộ Hà Nội during peak periods. Metro Line 1's Thảo Điền station (~2.6 km by road on Xa Lộ Hà Nội) offers an alternative for commuters heading to Bến Thành.
→ Residents typically stagger departure times or use river taxi services from nearby Thảo Điền jetty. The project's dedicated drop-off zone reduces pressure on the street frontage.
🌊 Flood Risk
Low-lying riverfront land in Thảo Điền carries moderate flood risk during peak monsoon. The project'...
Low-lying riverfront land in Thảo Điền carries moderate flood risk during peak monsoon. The project's two basement levels are engineered by Bachy Soletanche (France) with waterproofing designed for the riverfront water table.
→ French-engineered basement waterproofing by Bachy Soletanche protects underground parking. Residential floors are well above street level, so unit access is unaffected by typical street flooding in the area.
Notable Places
Annam Gourmet
Annam Gourmet operates in the ground-floor shophouse strip — a premium imported grocery and deli brand widely favoured by the expat community. Having it within the building eliminates the need to drive to an off-site outlet.
ELIS Nursery
ELIS early childhood centre operates on the amenity floor, offering on-site childcare in a building where many residents are expat families. On-site branded childcare at this scale is uncommon among Thảo Điền's boutique high-rises.
Foot Massage Stone Garden
Dedicated reflexology path with natural pebble and river rock surfaces, positioned within the amenity zone as a passive wellness feature. Residential foot massage gardens are uncommon even in Thảo Điền's luxury segment.
Infinity Pool with River View
Podium-level infinity pool aligned directly toward the Saigon River — one of the few residential pools in the Thảo Điền high-rise cluster with an unobstructed water panorama. An adjacent Jacuzzi and sunbathing deck share the same riverside orientation.
Reading Pavilion
Dedicated reading space with a curated book collection opening onto a landscaped green courtyard, positioned as a quiet retreat within the amenity podium. Residential libraries remain rare in Vietnamese high-rises below the ultra-luxury tier.
Waterfall & Stream Garden
Cascading waterfall features and artificial stream channels integrated throughout the landscaped podium, creating a distinctive sensory environment across the garden. The water elements weave through walking paths and terraces, making the compact 4,967 m² site feel considerably more expansive.
Growth Catalysts
✅Metro Line 1 (Bến Thành–Suối Tiên) carries 20.5 million riders in first full year of operations (2025)
✅Ring Road 3 HCMC: Thu Duc section opens December 2025; full 76 km route targeting completion June 2026 (2026)
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This area scores 91 for Leisure Score · 78 for Family Score
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Delivered 2023
