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Delivered 2007

Garden Plaza 1 - Luxury Apartments in Phu My Hung Canal District, District 7

Name: Garden Plaza 1
Address: VN

Công ty TNHH Phát triển Phú Mỹ Hưng

Delivered 2007 · Pink books 100%

One of the lowest-density luxury addresses in Phú Mỹ Hưng — 96 apartments across four interconnected Singapore-designed blocks with void floors for natural light, facing the tree-lined Tôn Dật Tiên canal boulevard.

💰 10,5 tỷ – 21 tỷ📏 105 triệu/m²🏗️ Delivered 2007🏢 110 units

Garden Plaza 1 is a boutique luxury residential complex in Phú Mỹ Hưng's Canal District (Khu Kênh Đào), District 7, developed by Phú Mỹ Hưng Corporation on a 7,000 m² site fronting the 40-metre wide Tôn Dật Tiên Avenue. Four interconnected 8-storey blocks house 96 spacious 3-bedroom apartments and 14 ground-floor commercial shops, designed by KYTA Singapore with a distinctive void between the 3rd and 5th floors for natural ventilation and light. Low density and a canal-side boulevard setting make this one of the most private addresses within the Phú Mỹ Hưng master plan.

Project news

Garden Plaza 1: All pink books issued — full legal title confirmed

Legal · Dec 2008 · domo.vn

Neighborhood

86*

Family Score

Excellent

Leisure Score

Excellent

Convenience

Excellent

Health

Excellent

Transit Access

Good

nearest station 655 m; bus stop 230 m.

Commute Ease

Good

41 min to Q1 Bến Thành via D2 → 102. 4 min walk to bus stop, 1 transfer.

Nightlife

Below Avg

Quietness

Below Avg

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.5

A quiet, low-density boutique in Phú Mỹ Hưng's most established canal precinct — best for long-term owner-occupiers and expat landlords. The all-3BR format and distance from central Ho Chi Minh City are the main limitations.

Price & Market

Current Market Price

105 triệu/m²

Market range	85 triệu – 100 triệu/m²
Unit price	10,5 tỷ – 21 tỷ
Rent	22 triệu – 35 triệu/mo

Est. Rental Yield2.2%

•🟢 Only 96 apartments make this one of the most private addresses in Phú Mỹ Hưng — scarcity supports long-term price stability
•🟢 Secondary market at ~85–100 million VND/m² reflects consistent appreciation from a 2007 base — buyers who held have seen strong capital growth
•🟡 Rental at 22–35 million/month for 3BR 123–222 m² is solid but below Midtown PMH — older fittings and smaller block footprint cap the rental ceiling
•🟡 Low transaction volume — with only 96 units, any given month may have just 1–3 listings, making price discovery slow and individual transaction conditions important
•🔴 All-3BR format limits the buyer pool — investors needing smaller units for yield flexibility or owner-occupiers wanting compact living will look elsewhere

Is this a good deal?

Project	Price	Distance
Garden Plaza 1	105 triệu/m²	—
Panorama	90 triệu/m²	0.1 km
Garden Plaza 2	112 triệu/m²	0.1 km

Should you buy here?

Best for:

✓Expat families wanting a quiet, mature PMH canal address
✓Long-term investors targeting steady expat rental income
✓Owner-occupiers who value low density and privacy

Not ideal for:

✗Buyers needing units under 120 m² or fewer than 3 bedrooms
✗Short-term speculators — thin liquidity at this scale

Pros & Cons

Pros

✓Singapore-designed void floors — natural light and ventilation
✓Lowest density in Kênh Đào — only 96 units
✓Canal boulevard frontage on Tôn Dật Tiên
✓Pink books fully issued — clean title transfer
✓Strong long-term expat tenant demand

Cons

✗Only 3BR available — no smaller unit option
✗25–30 min drive to District 1 CBD
✗No metro access in District 7

Unit Types

Apartments

3BR

3 Beds · 2 Baths · 123–222 m²

11,6 tỷ – 25,6 tỷ

105 triệu/m²

Rent: 18 triệu - 40 triệu/mo

Growing families

Shophouses

Shophouse

0 Beds · 1 Baths · 133–524 m²

15 tỷ – 60 tỷ

135 triệu/m²

Singles & couples

Project Details

Developer	Công ty TNHH Phát triển Phú Mỹ Hưng
Status	Delivered 2007
Total Units	110
Towers	4

Legal Information

Launch Date	2006
Handover	2007
Construction Permit	Approved
Pink Book	Issued
Pink Book %	100%
Legal Notes	Pink books fully issued for all 96 residential apartments and 14 shophouses. Vietnamese citizens hold permanent ownership; foreign nationals are eligible for the standard 50-year leasehold under Vietnamese law. Units trade freely on the secondary market with immediate title transfer available. Construction permit approved; project completed Q2 2007. No legal disputes or pending issues found as of May 2026.

Amenities

👨‍👩‍👧 Family: Children's pool, play area, and enclosed landscaped garden provide safe outdoor space. International schools including SSIS, CIS, and Korean International School are within the Phú Mỹ Hưng master plan, typically served by school bus routes.

🏋️ Fitness: Adult swimming pool (184 m²) and children's pool (12 m²) set within the central garden plaza. The wider Phú Mỹ Hưng master plan offers public parks, jogging paths along the canal, and sports courts accessible to residents.

🏖️ Lifestyle: Fourteen ground-floor commercial shops along the Tôn Dật Tiên frontage provide convenience retail and dining within the complex. The Kênh Đào area is a short walk or ride from Crescent Mall and the PMH boulevard restaurant strip.

🛒 Convenience: 110 covered car parking spaces (1:1 ratio with apartments) and 220 motorcycle spaces. 24/7 security managed by KYTA Singapore. Crescent Mall (~1.5 km) and SC VivoCity (~2 km) serve major retail and grocery needs.

🏊 Pool🌳 Garden👶 Kids Pool🧒 Play Area🔒 Security🅿️ Car ParkingShophouse Street🏍️ Motorbike Parking

Location & Commute

Garden Plaza 1

54 min

Tân Sơn Nhất Airport

24 min

District 1 CBD

58 min

Long Thành Airport

Airport (peak)	71 min
Airport (off-peak)	54 min
CBD (peak)	37 min
CBD (off-peak)	24 min
Long Thành (peak)	65 min
Long Thành (off-peak)	58 min

🚇

Metro

Ben Thanh Station

7.3km

🛍️

Mall

Crescent Mall

Nearby

🛒

Supermarket

Aeon Citimart (Tan Phong)

Next door

🏫

Schools

Saigon South International School (SSIS)

Nearby

🏥

Hospitals

SIHG clinic

Next door

🌳

Park

Crescent Lake Park

Nearby

Major Roads

Tôn Dật Tiên AvenueNguyễn Văn Linh Expressway

🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

A mix of Korean, Japanese, and Taiwanese expatriates alongside affluent Vietnamese professionals and returnees. The Canal District (Khu Kênh Đào) is one of Phú Mỹ Hưng's most established and quietest residential pockets. Ownership tenure tends to be long — many residents have lived here for over a decade.

🏫 International Schools

•Saigon South International School (SSIS) — American/IB curriculum, within Phú Mỹ Hưng (~2 km)
•Canadian International School (CIS) and Korean International School — within Phú Mỹ Hưng

🏥 Hospitals

•FV Hospital (Franco-Vietnamese) — flagship international hospital in Phú Mỹ Hưng, ~2 km

Things to consider (not deal breakers)

⚠️ Traffic

Tôn Dật Tiên Avenue is the main artery — it connects to Nguyễn Văn Linh for CBD access, but morning ...

Tôn Dật Tiên Avenue is the main artery — it connects to Nguyễn Văn Linh for CBD access, but morning and evening peaks can be slow at that intersection. District 7 is fully car-dependent with no metro access.

→ Tôn Dật Tiên → Nguyễn Văn Linh → elevated expressway offers a faster CBD route. Off-peak travel typically cuts commute to under 20 minutes.

🌊 Flood Risk

Flood risk is low. Phú Mỹ Hưng's Canal District has well-managed drainage infrastructure, and the kê...

Flood risk is low. Phú Mỹ Hưng's Canal District has well-managed drainage infrastructure, and the kênh đào (man-made canal) running alongside Tôn Dật Tiên serves as a regulated water channel. The site sits above the typical flood line for District 7.

→ Phú Mỹ Hưng's drainage network is among the best-maintained in Ho Chi Minh City. No significant flooding has been recorded at this site.

Sub-zones

🏢

Block A

0 listings · 24 units

11,6 tỷ - 25,6 tỷ

89 triệu - 120 triệu/m²

🏢

Block B

0 listings · 24 units

11,6 tỷ - 25,6 tỷ

89 triệu - 120 triệu/m²

🏢

Block C

0 listings · 24 units

11,6 tỷ - 25,6 tỷ

89 triệu - 120 triệu/m²

🏢

Block D

0 listings · 24 units

11,6 tỷ - 25,6 tỷ

89 triệu - 120 triệu/m²

Notable Places

Central Garden Plaza

The 740 m² central landscaped garden is the namesake feature of the complex — trees, ponds, and walking paths connect the four residential blocks. For a project of this scale (0.7 ha, 96 units), the garden-to-footprint ratio is notably generous and provides the primary outdoor living space for residents.

Commercial Shophouse Promenade

Fourteen commercial shops on the ground and second floors of the complex, ranging from 133 m² to 524 m² per unit, line the Tôn Dật Tiên frontage. The retail strip includes dining and service tenants, adding a walkable commercial element uncommon in boutique residential projects of this scale.

Swimming Pool

A 184 m² adult pool and separate 12 m² children's pool set within the garden plaza. At 184 m² for 96 apartments, the pool-to-unit ratio is higher than most boutique projects in this segment — comparable to mid-scale Phú Mỹ Hưng developments with double the unit count.

Projects by Developer

Growth Catalysts

🚧Phu My 2 Bridge: HCMC first multi-level 8-lane bridge, under construction since January 2026 (2027)
🚧Thu Thiem 4 Bridge — District 7 to Thu Duc City: groundbreaking Q3–Q4 2026, completion 2028 (2028)
🚧Nguyen Huu Tho elevated road — District 7 to Nha Be: 4-lane, 60 m corridor, groundbreaking Q4 2026 (2028)
🚀Metro Line 4 — District 7 southern terminus on Nguyen Van Linh: 36.2 km route in feasibility review (2032)