Explore VietnamPhu My Hung Development Corporation
Just delivered 2025
The last boutique apartment tower on Phu My Hung's prime Nguyen Luong Bang Avenue — 95 exclusive units embedded in a fully mature, walkable urban ecosystem built over 30 years
Boutique 12-floor luxury tower by Phu My Hung Development Corporation on Nguyen Luong Bang Avenue — the financial and commercial spine of Phu My Hung. Just 95 apartments across a 2,300 m² plot, with a terraced rice-field facade that integrates cascading greenery into the exterior. Set at the heart of the fully developed Nam Vien area, surrounded by a 5.5-hectare park complex and within steps of FV Hospital, Crescent Mall, and multiple international schools.
Balanced for both homeowners and investors.
A boutique 95-apartment tower in mature Phu My Hung, delivered in Q4 2025 and now resale-only, where international schools, FV Hospital and a neighbourhood park justify a premium. The trade-offs are a small 0.23 ha site, high ambient noise and pink books still in progress, so confirm title status with the developer before buying.
Homeowner: A strong pick for homeowners who want a boutique, walkable address in mature Phu My Hung. Two international schools, a neighbourhood park, FV Hospital and Crescent Mall are close, flood risk is low, and the tower adds a salt-water pool and wellness floor for just 95 apartments. The trade-offs are a small 0.23 ha site, high ambient noise from nearby bars and karaoke, a price premium to comparable projects, and pink books still being processed.
Investor: The investment case rests on scarcity and a working resale and rental market, not on a discount. Resale listings run around 120-140M/m² against roughly 80M/m² at the March 2024 launch, but rents of about 19-35M/month for 1-2 bedrooms imply gross yields near 3.5-4%. Pink books are still in progress and the 7-9B+ entry ticket narrows the buyer pool, so this suits long-term holders more than yield or flip buyers.
| Market range | 95 triệu – 215 triệu/m² |
| Unit price | 6,75 tỷ – 50,5 tỷ |
| Rent | 15 triệu – 55 triệu/mo |
| Launch price | 80 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Aurora | 130 triệu/m² | — |
| Mỹ Viên | 68 triệu/m² | 0.1 km |
| Garden Court 2 | 100 triệu/m² | 0.1 km |
| Garden Court 1 | 97 triệu/m² | 0.1 km |
| Hưng Phúc | 91,5 triệu/m² | 0.1 km |
Resale pricing is broadly stable around 120-140M/m² (canonical about 130M/m²), with 2BR unchanged at about 120M/m² between the June and October 2026 snapshots.
| Developer | Phu My Hung Development Corporation |
| Status | Just delivered 2025 |
| Total Units | 102 |
| Towers | 1 |
| Launch Date | 2024-03-24 |
| Handover | 2025-12 |
| Construction Permit | Approved |
| Pink Book | in_progress |
| Legal Notes | Vietnamese citizens receive perpetual freehold title (So Hong); foreign nationals are eligible for 50-year leasehold, renewable under Vietnamese law. Construction permit approved; handover completed Q4 2025. PMH has historically issued pink books roughly 6 months after handover. Searches in October 2026 found no public announcement of a batch issuance for The Aurora (it was not among the four PMH projects cleared in May 2026). Buyers should verify current pink-book status directly with the developer before transacting. |
Aurora
| CBD (peak) | 31 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 67 min |
| Airport (off-peak) | 52 min |
| Long Thành (peak) | 64 min |
| Long Thành (off-peak) | 59 min |
A mix of senior Vietnamese professionals and international residents drawn to Phu My Hung's mature ecosystem, where roughly half of the wider area's residents are international. At 95 apartments the community is tight-knit, and buyers skew toward established families and long-term holders rather than investors seeking rental yield.