Explore VietnamReal Estate
Explore VietnamPhu My Hung Development Corporation
Delivered 2022 · Pink books issued
Bauhaus-designed boutique luxury — one of Phú Mỹ Hưng's most architecturally distinctive low-density projects, with the zone's first 1-bedroom condo offering
The Ascentia is a boutique apartment project by Phu My Hung Corporation in the Nam Viên subdivision of Phú Mỹ Hưng, District 7. Designed by Axel Korn and Phan Thuy Ngoc of Korn Architects in Bauhaus style, the project comprises 242 apartments and 18 shophouses across two 15-storey blocks on a 4,680 m² site. Notable as the first Phú Mỹ Hưng project to offer 1-bedroom units and duplex apartments, expanding access to the PMH ecosystem at a lower entry price.
Better for long-term living than for investing.
A boutique, design-led Phú Mỹ Hưng address with proven delivery, issued pink books and walkable schools and daily retail, priced at the segment norm around 110M/m². The trade-offs are boulevard-side evening noise, a long bus commute to District 1, thin resale volume, and no resident-review evidence yet on management or parking, so verify those before buying.
Homeowner: A good fit for homeowners who want a low-density, design-led address inside Phú Mỹ Hưng. The building was handed over in 2022 with pink books issued, a Korean international school, FV Hospital and Crescent Mall sit within about 2 km, and the pool deck, Sky Garden and spa are on site. The trade-offs are evening noise from karaoke and bars along the boulevard, a compact site, and a long bus ride to District 1.
Investor: This is a steady hold-and-rent case rather than a yield play. Entry pricing sits at the segment norm, pink books are issued and Phú Mỹ Hưng's expat and professional tenants support lettings, but gross yields look closer to 3-4%, resale volume in a 242-apartment building is thin, and recent 2BR asking prices have eased.
| Market range | 93 triệu – 125 triệu/m² |
| Unit price | 6,1 tỷ – 13,5 tỷ |
| Rent | 20 triệu – 55 triệu/mo |
| Launch price | 66 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Ascentia | 110 triệu/m² | — |
| Antonia | 118 triệu/m² | 0.1 km |
| Nam Phúc Le Jardin | 85 triệu/m² | 0.3 km |
| Garden Court 1 | 97 triệu/m² | 0.3 km |
Resale asks cluster around 110M/m² with 2BR easing about 6% and 3BR flat in the latest block-level snapshots, on thin samples.
| Developer | Phu My Hung Development Corporation |
| Status | Delivered 2022 |
| Total Units | 260 |
| Towers | 2 |
| Launch Date | 2019 |
| Handover | 2022-04 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Legal Notes | Pink books issued post-handover (April 2022); secondary listings note pink book held. October 2026 searches (sổ hồng, pháp lý, Phu My Hung Corp) found no disputes, legal blocks or ownership changes, and no new official statement on certificate issuance. Long-term ownership for Vietnamese citizens; 50-year for eligible foreigners. Managed by Phu My Hung Corporation. |
Ascentia
| Airport (peak) | 66 min |
| Airport (off-peak) | 51 min |
| CBD (peak) | 29 min |
| CBD (off-peak) | 22 min |
| Long Thành (peak) | 62 min |
| Long Thành (off-peak) | 58 min |
Mostly homeowners and long-term residents drawn to Phú Mỹ Hưng's planned environment, international schools and clean streetscape. One-bedroom and duplex units suit young professionals and expat couples, while three-bedroom units suit established families in a 242-apartment community.
