Vinhomes Central Park - Riverside Apartments in Bình Thạnh
Vingroup
3 of 3 sub-zones delivered
Vietnam's tallest building (Landmark 81, 461.2m) anchoring a 43.91ha riverside complex with 14ha Central Park, integrated Vingroup ecosystem (Vincom Mall, Vinmec Hospital, Vinschool), and Metro Line 1 walkable access.
💰 2,95 tỷ – 69,7 tỷ📏 118 triệu/m²🏗️ 3 of 3 delivered🏢 10000 units
Vietnam's largest mixed-use riverside urban complex, anchored by Landmark 81 — the tallest building in Vietnam at 461.2m. Developed by Vingroup with 30,000 billion VND investment across 43.91ha in Bình Thạnh District. Features 18 towers across three zones (Central, Park, Landmark) plus 88 luxury villas, set within 14 hectares of EDSA-designed parkland along 1.15km of Saigon River frontage. Only 15.77% construction density — one of the lowest ratios for a central HCMC project.
Project news
Long Thành Airport Phase 1 opens June 2026, absorbing 80% of HCMC international traffic
Construction · Jun 2026 · domo.vn
Project scope clarified at ~10,000 apartments and officetels across 18 towers
Construction · Apr 2026 · vinhomes.vn
Officetel pink books still pending ~10 years after handover (April 2026)
Family appeal is strong. Vinschool Central Park, one of HCMC's leading K-12 private school systems, and Central Park both sit within the development, so school runs and outdoor play stay on foot.
92
Leisure Score
Excellent
Leisure options are deep within the township. Vincom Center Landmark 81 sits within the development, bringing a cinema, restaurants and the Landmark 81 hotel and attractions into everyday reach.
87
Convenience
Excellent
Daily errands are well covered. A WinMart supermarket sits within the development, with banks and convenience stores close by, so routine shopping rarely needs a car trip.
82
Health
Excellent
Medical access is strong. Vinmec Central Park hospital sits within the development, backed by pharmacies and specialist clinics close by, so both routine care and urgent needs stay near home.
95
Transit Access
Excellent
Walking access to Metro Line 1 is strong, with Văn Thánh station about 0.7 km away and Tân Cảng station about 1.0 km away.
92
Commute Ease
Excellent
25 min to Q1 Bến Thành via MRT1. 14 min walk to metro station.
70
Nightlife
Good
Evening options are good, though concentrated in one place. Blank Lounge at Landmark 81 anchors the scene, with cocktail bars about 0.8–1.1 km away adding variety.
8
Quietness
Below Avg
Quiet is a weakness here, with ambient noise rated high. The Landmark 81 leisure complex, nearby bars and peak-hour traffic on Nguyễn Hữu Cảnh all contribute.
Domo Scores™
7.8
🏠 Homeowner
Good
7.6
📈 Investor
Good
Balanced for both homeowners and investors.
Vinhomes Central Park is an established, self-contained riverside township in Bình Thạnh: Vinschool, Vinmec, Vincom Center and a large park sit inside the development, with Metro Line 1 about a 14-minute walk away. The trade-offs are high ambient noise, congestion on Nguyễn Hữu Cảnh, ten-year-old buildings to inspect and officetel pink books that remain pending, all due-diligence items before paying roughly 118M/m².
🏠 Homeowner
Value
6.7
Livability
8.6
Legal & delivery
8.7
Location & connectivity
7.3
📈 Investor
Value
6.7
Returns & exit
7.8
Legal & delivery
8.7
Location & demand
7.6
Why the scores differ
Homeowner: A strong choice for homeowners who want a self-contained, tier-1 township close to the centre. Vinschool, Vinmec, Vincom Center and the riverside park are all inside the development, and a Metro Line 1 station is about a 14-minute walk away. The trade-offs are high ambient noise, peak-hour congestion on Nguyễn Hữu Cảnh and resale pricing near 118M/m², above the upper-mid peer median.
Investor: A liquid, expat-driven rental market rather than a yield story. Pink books issued for about 95% of apartments, a deep tenant pool and a documented resale market support exit, but rents of 16–20M/month on 1BR units against typical resale near 118M/m² leave gross yields around 3%. Officetel pink books still pending ten years after handover and heavy short-term-rental supply are the main exit risks.
Price & Market
Current Market Price
118 triệu/m²
📈+195% since launch
Market range
82 triệu – 165 triệu/m²
Unit price
2,95 tỷ – 69,7 tỷ
Rent
10 triệu – 117,7 triệu/mo
Launch price
40 triệu/m²
Est. Rental Yield2.1%
•🟢 Metro Line 1 has been operating since December 2024 and carried 20.6 million passengers in 2025 (121.6% of target), while Metro Line 2 (Bến Thành–Tham Lương) is under construction with a Q4 2030 target, adding a second transit corridor through Bình Thạnh.
•🟢 The project is fully built with pink books issued for about 95% of apartments, and Long Thành Airport began commercial operations in June 2026, which supports the expat tenant base that drives local rental demand.
•🟡 At about 118M/m² typical resale, the project sits roughly 7% above the upper-mid peer median of 110M/m²; Masteri Thảo Điền is similar at about 120M/m², so the premium looks consistent with its tier rather than an outlier.
•🟡 According to CBRE (May 2026), former-HCMC condominium absorption eased to 76% in Q1 2026, with floating mortgage rates of 12–15% cited as the main headwind, so buyers using leverage should stress-test financing.
•🔴 Both infrastructure items that would ease the area are running late: Ring Road 3 slipped from June 2026 to the end of 2026 (about 76% complete in August), and the Xuyên Tâm Canal's 2028 target faces slippage risk, so traffic and drainage relief arrive later than expected.
Last updated: October 2026
Is this a good deal?
🟢 ~7% cheaper than comparable projects
Project
Price
Distance
Vinhomes Central Park
118 triệu/m²
—
Saigon Pearl
97 triệu/m²
0.5 km
Sunwah Pearl
157 triệu/m²
0.7 km
Should you buy here?
Best for:
✓Families who want a school, hospital and park inside one township
✓Professionals working in District 1 who want a car-light Metro Line 1 commute
✓Buyers seeking a liquid, branded landmark address (Landmark 81 units)
Not ideal for:
✗Budget buyers under about 6 billion VND
✗Buyers who need a quiet setting or want to avoid short-term-rental traffic
✗Daily drivers who cannot avoid Nguyễn Hữu Cảnh at peak hours
Market Trends
Resale snapshots cluster around 118M/m² typical, with mixed bedroom-level moves across sub-zones rather than a clear project-wide trend.
Decision Factors
Strengths
✓A self-contained township: Vinschool Central Park (K-12), Vinmec Central Park hospital, Vincom Center Landmark 81 and a WinMart supermarket all sit inside the development, keeping daily errands, school runs and medical visits on foot.
✓Tier-1 Vinhomes management of a fully delivered project, with a 15.77% construction density and a landscaped park along the Saigon River, which is unusually open for central HCMC.
✓Pink books are issued for about 95% of apartments and construction has been complete since 2017, so buyers evaluate real stock and documented resale prices rather than promises.
✓Metro Line 1 (operating since December 2024, 20.6 million riders in 2025) reaches Bến Thành in about 25 minutes door to door, and Metro Line 2 is targeted for Q4 2030 as a second line through Bình Thạnh.
Tradeoffs
!Ambient noise is rated high, and quietness is the weakest neighborhood score: the Landmark 81 leisure complex, nearby bars and short-term-rental traffic in the Landmark towers make this a lively address, not a quiet one.
!Nguyễn Hữu Cảnh is congested at peak hours, and Ring Road 3 relief has slipped from June 2026 to the end of 2026 (about 76% complete in August), so drivers gain little before then.
!Typical resale near 118M/m² is about 7% above the upper-mid peer median, and rents of roughly 16–20M/month for 1BR units imply gross yields around 3%, so the premium pays for the ecosystem rather than for income.
Watch items
?Confirm pink-book status unit by unit: apartments are about 95% issued, but officetel units (50-year leasehold) are still pending about ten years after handover. Foreign buyers should check the remaining 30% quota in the specific building before paying a deposit.
?Inspect ageing and shared-space wear: first handover was in 2016, reviews note worn stonework, cracked wooden stairs and an idle overpass lift in the park, and weekend parking and shade are limited. Review evidence is mostly about the public park, so unit-level soundproofing, fit-out and building services remain viewing questions.
?Check flood and drainage timing: Nguyễn Hữu Cảnh flooding is largely mitigated by pumps and road raising, but long-term tidal risk remains, and the Xuyên Tâm Canal renovation (2028 target) faces slippage risk because about 1,265 households have yet to hand over land.
Resident Feedback Insights
Based on 161 reviews with content
Vinhomes Central Park is strongest for its riverside park: open lawns, Saigon River frontage and a clear Landmark 81 skyline, backed by a broad set of facilities such as play areas, sports courts, a running track and a Japanese garden. Available review signals suggest it suits families with children, joggers and buyers who value daily access to managed green space close to the centre.
The main points to verify are weekend parking and the walk from basements, limited shade, the spacing of public toilets, and how strictly park rules are enforced. Several mentions of ageing details, such as worn stonework, wooden stairs and the overpass lift, are worth checking in person. Cleanliness and management feedback is generally positive but sits on low-stability topics, so current upkeep should be confirmed.
Most of the evidence concerns the public park rather than individual apartments, so unit-level points such as soundproofing, fit-out and building services remain viewing questions rather than confirmed facts. Visit at a weekend evening and a weekday midday to see crowding, parking and shade first-hand.
Strengths
Riverside park with consistently praised Saigon River and Landmark 81 views, especially at sunset and night.
Wide range of facilities: large lawns, play areas, sports courts, running track, Japanese garden, BBQ and vending machines.
Grounds are frequently described as clean and well maintained; worth confirming current upkeep.
Inside the park, road noise is low and the atmosphere is calm for a central location.
Low-cost visitor parking is reported in basements of nearby towers, a short walk from the park.
What to verify
Parking fills quickly on weekends and holidays, and the walk from basements to the park can be long.
Limited tree shade makes open areas hot at midday and offers little cover from sun or rain.
Public toilets are few and spread far apart across a large park; some feedback flags poor condition.
Some visitors report strict or abrupt enforcement of rules; picnics and groups may need management approval.
Several wear points are noted: cracked wooden stairs, worn stonework, a slippery steel bridge, an idle overpass lift.
Viewing checklist
QWhere can visitors and residents park on weekends, and how far is the walk to the park?
QIs the pedestrian crossing to the complex safe, and is the overpass lift working?
QWhat are the park's opening hours, lighting cut-off and event-day access restrictions?
QWhat registration is needed for BBQ areas, picnics and group activities, and who may use them?
QHow close are the nearest toilets and shaded rest areas to the part of the park you would use?
QDo outside visitors crowd the shared parking or facilities at peak times?
Based on public resident reviews. Not an individual review. Always verify in person.
Unit Types
Apartments
Studio
0 Beds · 1 Baths · 30–50 m²
Under review
4,5 tỷ – 6,5 tỷ
118 triệu/m²
Rent: 15 triệu - 20 triệu/mo
Singles & couples
1BR
1 Beds · 1 Baths · 50–56 m²
6,15 tỷ – 8,3 tỷ
120 triệu/m²
Rent: 16 triệu - 21 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 70–90 m²
8,15 tỷ – 11,5 tỷ
112 triệu/m²
Rent: 19 triệu - 30 triệu/mo
Young families
3BR
3 Beds · 2 Baths · 105–130 m²
12,37 tỷ – 21 tỷ
120 triệu/m²
Rent: 27 triệu - 39 triệu/mo
Growing families
Duplex
3 Beds · 3 Baths · 150–250 m²
Under review
≈ 17,7 tỷ – 29,5 tỷ est.
118 triệu/m²
Growing families
4BR
4 Beds · 3 Baths · 140–180 m²
21 tỷ – 29 tỷ
138 triệu/m²
Rent: 55 triệu - 80 triệu/mo
Growing families
Penthouse
4 Beds · 4 Baths · 200–400 m²
Under review
≈ 23,6 tỷ – 47,2 tỷ est.
118 triệu/m²
Growing families
Villas
Villa
4 Beds · 4 Baths · 220–500 m²
Under review
≈ 25,96 tỷ – 59 tỷ est.
118 triệu/m²
Growing families
Project Details
Developer
Vingroup
Status
3 of 3 delivered
Completion
2018
Total Units
10000
Towers
18
Legal Information
Launch Date
2014-12
Handover
2016-08
Construction Permit
Approved
Pink Book
Issued
Pink Book %
95%
Legal Notes
Developer: Tân Liên Phát Corporation (Vingroup subsidiary). Groundbreaking July 2014, sales opened Q4/2014, first handover August 2016. Apartments have permanent ownership with pink books issued (~95%). Officetel units have 50-year leasehold; pink book applications for the officetel segment remain unresolved ~10 years post-handover. Villas have permanent ownership with pink books. Foreigners eligible for 50-year leasehold per Housing Law; popular buildings often reach the 30% foreign ownership quota — verify per-building availability before deposit. Searched October 2026 (sổ hồng, tin tức): no new legal developments found; status unchanged from August 2026.
Amenities
👨👩👧Family: Vinschool K-12 campus with Cambridge IGCSE program. Vinmec International Hospital (JCI-accredited, Cleveland Clinic Connected, 178 beds, 16 specialties). 14ha Central Park with children's play areas, BBQ zones, and musical fountain lake.
🏋️Fitness: Pools and fitness centers in each tower zone. Tennis, basketball, badminton courts, and mini-soccer fields in the park. 1.15km riverfront jogging and cycling path. Golf putting area. Outdoor fitness stations.
🏖️Lifestyle: Vincom Center Landmark 81 (59,000m² retail, CGV IMAX cinema). Vinpearl Ice Rink — Vietnam's largest indoor ice rink. The Marina yacht dock on Saigon River. SkyView observation deck at floors 79-81 of Landmark 81. Vinpearl Landmark 81 Hotel (5-star, Autograph Collection by Marriott, 223 rooms, highest infinity pool in HCMC).
🛒Convenience: Multi-level car and motorbike parking across all towers. Shuttle bus service. Metro Line 1 Tân Cảng station walkable. Five entrance gates for vehicle access. 24/7 Vinhomes professional management.
🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🚌 Shuttle Bus🎾 Tennis Court🛍️ Shopping Mall🏀 Basketball Court🏍️ Motorbike Parking
Nguyễn Hữu CảnhĐiện Biên PhủSaigon BridgeVõ Nguyên Giáp
🔇 High Noise🌊 Moderate Flood🛣️ Near Highway
Upper-middle-class Vietnamese professionals, Korean and Japanese expats, Western expats and young professionals, with an estimated 25,000–35,000+ residents across 10,000+ units. Short-term rental activity is strong, especially in the Landmark 81 and Landmark Plus towers.
Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Hữu Cảnh is a congestion hotspot at peak hours, connecting to Saigon Bridge corridor and Điện...
Nguyễn Hữu Cảnh is a congestion hotspot at peak hours, connecting to Saigon Bridge corridor and Điện Biên Phủ interchange. Upgraded to 10 lanes with Vingroup-funded anti-flooding system. Metro Line 1 Tân Cảng station within walking distance, providing direct access to Bến Thành in ~10 minutes — a viable alternative to driving during rush hour.
→ Nguyễn Hữu Cảnh upgraded to 10 lanes by Vingroup. Metro Line 1 Tân Cảng station walkable — eliminates need for car commute to CBD. Ring Road 3's full 76.3km route has slipped from a June 30, 2026 target to end of 2026 (roughly 76% complete as of August 2026) but will still provide a regional bypass diverting long-distance traffic from urban arterials once complete.
🌊 Flood Risk
Nguyễn Hữu Cảnh was historically one of HCMC's most flood-prone streets. Major drainage and road-ele...
Nguyễn Hữu Cảnh was historically one of HCMC's most flood-prone streets. Major drainage and road-elevation upgrade with anti-flooding pumps (capacity ~97,000m³/hour) has significantly reduced flooding. Internal project drainage is separate from the street system. The broader area remains at long-term tidal flood risk due to land subsidence, though the ongoing Xuyên Tâm Canal renovation (8.8km) further improves drainage for Bình Thạnh District.
→ Road-elevation upgrade and anti-flooding pump station (capacity ~97,000m³/hour) on Nguyễn Hữu Cảnh. Internal project drainage independent from street system. Xuyên Tâm Canal renovation underway to improve district-wide drainage.
Standard 1BR to 3BR units sit near 113M/m² and 4BR near 157M, while Landmark 81 officetels hold about 140M/m² and the tower's larger units are cited at 160–250M/m².
14-hectare landscaped central park designed by EDSA (USA) along 1.15km of Saigon River frontage. Features jogging and cycling paths, children's play areas, BBQ zones, and waterfront promenades.
CGV Cinema Landmark 81
7-screen cinema on B1 of Vincom Center Landmark 81 with over 1,200 seats. Features Vietnam's largest IMAX screen and Gold Class premium rooms.
Japanese Garden
Themed garden zone within Central Park featuring bonsai trees, koi pond, rock gardens, and a signature red wooden bridge. One of the most photographed spots in the development.
Landmark 81 SkyView
Observation deck on floors 79-81 of Landmark 81, reaching 383m height. Three themed floors: sky lounge with coffee bar (F79), VR experiences (F80), and outdoor terrace at the summit (F81). Separately ticketed attraction open to the public.
Sports Courts
Multi-court complex within the park including tennis, basketball, and badminton courts, plus a golf putting practice area. Open to residents.
The Marina
5-star marina and waterfront clubhouse on the Saigon River, operated by Tam Son Yachting (distributor for Lagoon, Beneteau). Offers yacht mooring and riverside leisure facilities adjacent to The Villas area.
The Villas Clubhouse
Private clubhouse exclusively for the 88-villa enclave within the 3.6-hectare Villas zone. Includes infinity pool, spa, steam room, jacuzzi, bar, restaurant, indoor kids zone, and concierge services.
Vincom Center Landmark 81
Major shopping mall occupying the lower floors (B1-3) of Landmark 81 tower. Includes retail, dining, cinema, and the 3,000m² Vinpearl Ice Rink — the largest ice rink in Vietnam.
Vinmec Central Park
178-bed JCI-accredited international hospital operated by Vinmec (Vingroup healthcare) covering 38,400m². 16 medical specialties with 7 floors and 3 basements. Provides comprehensive on-site medical services for residents and the surrounding community.
Vinpearl Landmark 81, Autograph Collection
5-star hotel occupying floors 47-71 of Landmark 81 with 223 rooms. Part of Marriott's Autograph Collection. Includes infinity pool, Oriental Pearl restaurant (highest buffet restaurant in Vietnam), and luxury spa.
Vinschool Central Park
22,500m² K-12 campus operated by Vinschool (Vingroup education system). Serves residents from kindergarten through high school within the development.
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3 of 3 delivered
