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Explore VietnamPhú Mỹ Hưng Development Corporation
Delivered 2013 · Pink books 100%
One of the lowest-density completed projects in Phú Mỹ Hưng — 276 units on 2.45 ha with only 2 apartments per floor and 70% of the site dedicated to open space.
A 276-apartment low-density complex by Phú Mỹ Hưng Development Corporation on a 2.45-hectare triangular site in the Canal District (Khu Kênh Đào) of Phú Mỹ Hưng, Quận 7. Designed by Thomas Chow (SURV Shanghai), the project comprises a winding dragon-shaped low-rise section of 11 blocks (6–12 floors) and four south-facing high-rise towers reaching 24 floors, with only 2 units per floor throughout and loggias at both ends of every apartment.
Balanced for both homeowners and investors.
Panorama is the most private mid-market address in the Phú Mỹ Hưng Canal District — 276 units with 70% open space, only 2 per floor, and SSIS international school steps away. The main trade-offs are 2013 building age, high ambient noise from the canal-side commercial strip, and a high absolute price floor driven by the minimum 122 m² unit size.
Homeowner: A solid choice for homeowners seeking space and privacy in the Phú Mỹ Hưng Canal District. The Panorama offers 276 apartments on 2.45 ha with only 2 units per floor and 70% of the site as open garden — exceptional density for a completed project here — and SSIS international school is within 500m. Tradeoffs are the 2013 building age, with common areas showing wear, and high ambient noise from the canal-side commercial strip along Tôn Dật Tiên.
Investor: A stable long-hold asset in an established address rather than a yield play. The expat and upper-mid family tenant pool supports rental demand with an estimated gross yield of 3–4%, and the 276-unit project limits resale supply overhang. The narrow buyer pool — only large units from 122 m² at high absolute prices — constrains liquidity compared with 2BR-rich neighbouring projects in PMH.
| Market range | 90 triệu – 148 triệu/m² |
| Unit price | 12,5 tỷ – 44,9 tỷ |
| Rent | 18 triệu – 131 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Panorama | 120 triệu/m² | — |
| Garden Plaza 1 | 130 triệu/m² | 0.1 km |
| Garden Plaza 2 | 123,5 triệu/m² | 0.2 km |
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | Delivered 2013 |
| Total Units | 276 |
| Towers | 15 |
| Launch Date | 2006 |
| Handover | 2013-10 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | Pink books (sổ hồng) fully issued to all owners who completed their financial obligations. Project completed October 2013; long-term freehold ownership for Vietnamese citizens. Managed by Phú Mỹ Hưng Development Corporation. No outstanding legal disputes identified. District 7 ward reorganisation (effective 01/07/2025) merged 10 wards into 4 new wards (Tân Thuận, Phú Thuận, Tân Mỹ, Tân Hưng); existing title documents retain full legal validity without requiring immediate update. Searched June 2026: sổ hồng The Panorama, pháp lý The Panorama Phú Mỹ Hưng, quản lý The Panorama — no new legal issues found. |
Panorama
| CBD (peak) | 38 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 77 min |
| Airport (off-peak) | 53 min |
| Long Thành (peak) | 70 min |
| Long Thành (off-peak) | 57 min |
Primarily upper-middle-class Vietnamese families and long-term expatriates who value the PMH township's managed environment, low-density living, and proximity to the Phú Mỹ Hưng school cluster. Owner-occupiers dominate; the large apartment sizes (minimum 122 m²) and high absolute price point attract established households rather than young professionals or first-time buyers.
