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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.
A low-density Canal District address for buyers who want large apartments and a big private garden in a fully titled Phú Mỹ Hưng project. The tradeoffs are a 2013 building with ageing common areas, high ambient noise, and prices around 15% above the upper-mid peer median.
Homeowner: A good choice for homeowners who want space and quiet-feeling greenery inside a managed township. Only 276 apartments share a 16,681 m² garden, with international schools within about 500 m. The tradeoffs are a 2013 building with ageing common areas and a slow peak-hour run into District 1.
Investor: A steady-hold case rather than a yield play. Pink books are fully issued and PMH expat and family demand supports resale, but units start at 122 m², prices already sit above the upper-mid peer level, and sampled rents imply modest gross yields.
| Market range | 90 triệu – 149,7 triệu/m² |
| Unit price | 12,5 tỷ – 44,9 tỷ |
| Rent | 18 triệu – 131 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Panorama | 127 triệu/m² | — |
| Garden Plaza 1 | 130 triệu/m² | 0.1 km |
| Garden Plaza 2 | 118,3 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 owners who completed their financial obligations. Project completed October 2013; long-term ownership for Vietnamese citizens. Managed by Phú Mỹ Hưng Development Corporation. District 7 ward reorganisation (effective 01/07/2025) does not affect existing title validity. Searched October 2026: project news, sổ hồng, pháp lý — no new legal issues found. |
Panorama
| CBD (peak) | 31 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 67 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 63 min |
| Long Thành (off-peak) | 59 min |
Primarily upper-middle-class Vietnamese families and long-term expatriates. Owner-occupiers dominate, and the large apartment sizes attract established households rather than young professionals. The PMH address suits buyers who value the township's managed environment and school ecosystem.
