Thảo Điền Green - Boutique Riverside Residences in Thảo Điền
Công ty Cổ phần Đầu tư Bất động sản SIC
Delivered 2023 · Selling · 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.
💰 7,8 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 214 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.
Project news
Management fee waiver for original purchasers planned to end August 2026
Legal · Aug 2026 · domo.vn
Apartment resale prices rose sharply to ~213M/m²
Price · Jun 2026 · domo.vn
Apartment resale prices rose sharply to ~320M/m²
Price · May 2026 · domo.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. ELIS Nursery is on-site, and the International French School of Ho Chi Minh City is 410m away — making school drop-offs walkable — with AHS and BIS Junior Campus within 900m for older children.
91
Leisure Score
Excellent
Lifestyle appeal is exceptional here. The surrounding streets form one of Thảo Điền's densest clusters of international cafés and casual dining, giving residents a walkable social scene directly at the building entrance.
68*
Convenience
Good
Daily convenience is solid. Annam Gourmet's on-site store handles premium imported groceries without leaving the building, while chain convenience stores and a supermarket are within 500m for everyday top-ups.
55
Health
Average
Medical access is moderate. Small clinics and pharmacies within 1km cover everyday needs, while Vinmec Central Park International Hospital — the nearest full-service international facility — is 2.8km away.
25
Transit Access
Below Avg
Transit access on foot is limited. Thảo Điền Station on Metro Line 1 is 2.6km by road — not walkable — and is typically reached by motorbike or car; the 153 bus provides a transfer option from a stop roughly 320m from the project.
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
No concentrated nightlife corridor has taken root in this stretch of Thảo Điền. The area's bars and live-music spots are scattered social destinations rather than forming a late-night district.
3
Quietness
Below Avg
Ambient noise at this address rates high. The surrounding Thảo Điền restaurant and bar strip sustains elevated sound levels through the evening, placing this among the louder residential addresses in the ward.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.8
🏠 Homeowner
Good
7.5
📈 Investor
Good
Balanced for both homeowners and investors.
A boutique riverfront luxury tower in Thảo Điền, Savills-managed with on-site ELIS Nursery and Annam Gourmet, all units enjoying panoramic Saigon River views — priced roughly 13% below the luxury peer median on the secondary market. The key tradeoffs are a compact 0.3 ha site, high ambient noise from the surrounding bar and dining scene, and SIC Corp's limited HCMC track record as a first-time developer.
🏠 Homeowner
Value
7.5
Livability
7.8
Legal & delivery
8.7
Location & connectivity
7.3
📈 Investor
Value
7.5
Returns & exit
7.3
Legal & delivery
8.7
Location & demand
7.1
Why the scores differ
Homeowner: A solid choice for homeowners seeking premium riverfront living in Thảo Điền. Savills Vietnam management, panoramic Saigon River views from every unit, and on-site ELIS Nursery and Annam Gourmet deliver a lifestyle package rare for a 214-unit boutique tower; the French International School, AHS, and BIS Junior Campus are all within 900m. The honest tradeoffs: the compact 0.3 ha site offers limited outdoor grounds, ambient noise from Thảo Điền's dense bar and dining corridor is high, and SIC Corp is a first-time HCMC developer — Savills mitigates operational risk but doesn't substitute for a decade of tier-1 developer track record.
Investor: The investment case is rental demand, not price discount. Thảo Điền's established expat community — Korean, Japanese, and European professionals — sustains occupancy, and fully issued pink books mean clean resale when you exit. Gross yields run approximately 2.5-3.5%, typical for the luxury Thảo Điền segment where prices have outpaced rents; 1BR units achieve closer to the top of this range. Watch-out: with 214 units across a single tower, the secondary market is thin — if luxury Thảo Điền softens, exit opportunities narrow faster than in a larger complex.
Price & Market
Current Market Price
168 triệu/m²
📈+95% since launch
Market range
130 triệu – 240 triệu/m²
Unit price
7,8 tỷ – 86,2 tỷ
Rent
25 triệu – 234 triệu/mo
Launch price
86 triệu/m²
Est. Rental Yield3.3%
•🟢 Metro Line 1 is operational with Thảo Điền Station ~2.6 km by road, connecting directly to Bến Thành in under 20 minutes — the line carried 20.5 million passengers in 2025, confirming strong corridor ridership that supports long-term locational demand.
•🟢 Pink books fully issued for all 214 units — no legal encumbrance on any unit, with clean title available to resale buyers and bank-financing applicants alike.
•🟡 3BR secondary prices moved up from ~206M to ~220M/m² recently, while 1BR and 2BR held flat at ~145M and ~168M/m² respectively — demand pressure is concentrated in the larger unit types.
•🟡 The all-apartment secondary aggregate metric showed a sharp move in recent snapshots; this reflects thin-sample penthouse trading at premium pricing rather than a broad project re-rating — the 1BR and 2BR segments are stable anchors.
•🔴 HCMC's new land price table (effective January 2026) raises official taxable land values in Thảo Điền ward — transfer taxes and capital gains tax assessments on secondary transactions are materially higher than pre-2026 baselines; factor this into total acquisition cost calculations.
Last updated: June 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 professionals in finance or technology seeking Savills-managed riverside living
✓Families with young children — on-site ELIS Nursery and international schools within 900m
✓Homeowners who value boutique scale and low resident density over large compound amenities
Not ideal for:
✗Buyers who need quiet evenings — Thảo Điền's bar and dining scene keeps ambient noise high
✗Buyers prioritising large landscaped grounds or extensive on-site recreational facilities
Market Trends
Thảo Điền Green's secondary market is largely stable: 1BR and 2BR prices are flat, while 3BR asking prices have moved up roughly 7% recently.
Decision Factors
Strengths
✓All 214 pink books issued — fully resolved legal title with no post-handover registration queue for buyers or lenders
✓Savills Vietnam management with on-site Annam Gourmet and ELIS Nursery — practical premium amenities delivered within a compact footprint
✓International school cluster within 900m: International French School (410m, ranked), AHS bilingual campus (490m), BIS Junior Campus (900m, ranked #1 private primary in HCMC) — morning school runs are walkable for younger children
✓Secondary market priced ~13% below the luxury peer median at ~168M/m² — relative value within the luxury segment, with active resale data across 1BR, 2BR, and 3BR unit types
Tradeoffs
!Compact 0.3 ha site — the on-site Waterfall & Stream Garden provides a green accent but overall outdoor grounds are modest relative to the price point; no large park or sports facility within the building footprint
!High ambient noise from Thảo Điền's dense bar and dining corridor immediately surrounding the project — street-level evenings are consistently active
!SIC Corp is a first-time HCMC developer — operational risk is managed by Savills, but developer brand recognition is lower than Masterise or CapitaLand peers at comparable price points
Watch items
?Moderate riverfront flood risk during peak monsoon on the Nguyễn Văn Hưởng corridor — basement parking uses Bachy Soletanche (France) waterproofing, but buyers should verify current drainage condition and confirm building insurance coverage before committing
?HCMC's new land price table (effective January 2026) raises the official taxable base for Thảo Điền ward — verify updated transfer fees and capital gains tax estimates with a local lawyer before signing, as total acquisition cost is higher than pre-2026 transactions
?All primary units are sold out; transactions are resale-only — verify current comparable sales (1BR ~145M/m², 2BR ~168M/m², 3BR ~220M/m² as of June 2026) before agreeing to an asking price
Unit Types
1BR
1 Beds · 1 Baths · 54.83–61.61 m²
7,8 tỷ – 10 tỷ
145 triệu/m²
Rent: 25 triệu - 31 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 83.51–88.8 m²
12 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
23 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
81,6 tỷ – 86,2 tỷ
217 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 freehold title; foreign nationals hold a 50-year leasehold under Vietnamese law. All 214 units hold full individual pink books, issued within 6 months of the August 2023 handover. No legal disputes found as of June 2026. Management fee waiver for original purchasers expires August 2026 (approximately 5–6 weeks from date of refresh); secondary buyers pay the full 31,000 VND/m²/month from settlement date. Project-level land-use certificate and land-use fees confirmed paid. The HCMC land price table effective January 2026 (Resolution 87/2025/NQ-HĐND) raises the official assessed land value in Thảo Điền ward, which may affect transfer tax and capital gains calculations on resale transactions. Searched: Thảo Điền Green sổ hồng 2026, SIC Corp pháp lý, Thảo Điền Green giấy phép xây dựng, SIC Corp tranh chấp 2026.
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)
More in the app
Track this project with heatmaps, price history, saved searches, and project updates in one place.
This area scores 91 for Leisure Score · 78 for Family Score
Explore Vietnam
Delivered 2023
