Garden Plaza 2 - Luxury Apartments in Phu My Hung District 7
Công ty TNHH Phát triển Phú Mỹ Hưng
Delivered 2008 · Pink books issued
38-unit boutique luxury complex with 59% green space and spacious 3BR apartments in Phú Mỹ Hưng's Kênh Đào enclave
💰 12,7 tỷ – 19,5 tỷ📏 112 triệu/m²🏗️ Delivered 2008🏢 38 units
Garden Plaza 2 is a boutique luxury apartment complex by Phú Mỹ Hưng Development Corporation on Tôn Dật Tiên Avenue in the Kênh Đào enclave of Phú Mỹ Hưng, District 7. The 3,084 m² site features two low-rise residential blocks of 4 and 8 floors with 38 spacious 3-bedroom apartments ranging from 138 to 204 m², surrounded by 59% green space and a decorative pond connecting both blocks.
Neighborhood
86*
Family Score
Excellent
Family life is exceptionally well served here. Saigon South International School (SSIS), one of HCMC's top-ranked international schools, is a short walk away, and Crescent Lake Park is next door for outdoor time.
96
Leisure Score
Excellent
Lifestyle options are exceptionally dense in this part of Phú Mỹ Hưng. A concentration of well-regarded cafés, casual dining, and a gym within 300m supports daily social and wellness routines without needing to leave the immediate area.
84
Convenience
Excellent
Daily convenience is outstanding at this address. Aeon Citimart is next door, covering grocery needs without a drive, and multiple convenience stores sit within easy reach for quick top-ups.
80
Health
Excellent
Medical access is well covered at both ends of the need spectrum. SIHG clinic is next door for everyday healthcare, and FV Hospital — one of HCMC's best-regarded private hospitals — is 1.1 km away for specialist and emergency care.
70
Transit Access
Good
Transit coverage rests on local bus stops from around 280m, with the nearest metro station (Ben Thanh) 7.4 km away — residents rely primarily on car or ride-hail for efficient cross-city travel.
81
Commute Ease
Excellent
39 min to Q1 Bến Thành via 102. 13 min walk to bus stop.
18
Nightlife
Below Avg
Evening social options are accessible. The nearest bars and craft beer venues are about 530m away, with more options clustered around 1km — a short ride for residents who enjoy casual nightlife.
30
Quietness
Below Avg
Ambient noise at this address is rated at its highest level. Avenue frontage on Tôn Dật Tiên and a concentration of bars and social venues active into the evening make persistent background noise a baseline condition for residents here.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.6
🏠 Homeowner
Good
7.1
📈 Investor
Solid
Better for long-term living than for investing.
One of Phú Mỹ Hưng's most park-rich boutique addresses — 38 units, 59% green space, and walkable SSIS and Crescent Mall. The trade-offs are high ambient noise from Tôn Dật Tiên Avenue and a thin, infrequent resale market.
🏠 Homeowner
Value
6.9
Livability
7.8
Legal & delivery
8.4
Location & connectivity
7.3
📈 Investor
Value
6.9
Returns & exit
6.8
Legal & delivery
8.4
Location & demand
7
Why the scores differ
Homeowner: A solid homeowner choice for expat families and senior professionals seeking one of Phú Mỹ Hưng's park-richest boutique addresses. The 59% green-space ratio, walkable Saigon South International School (SSIS), next-door AEON Citimart, and FV Hospital 1.1 km away form a genuinely complete daily-life package in a low-density 38-unit building. The trade-offs are meaningful: Tôn Dật Tiên Avenue frontage generates high ambient noise, the 2008 build will need fittings and systems upgrades, and the exclusive 3BR layout leaves no smaller-unit option.
Investor: The investment case is a value-preservation hold, not a yield play. Documented expat rental demand and a clean secondary market keep the floor visible, but gross yields of roughly 2% do not support a buy-to-let thesis at current prices. The 38-unit inventory means resale opportunities arise infrequently and pricing is negotiated case by case. Approved Thu Thiem 4 Bridge (targeting 2028) and proposed Metro Line 7 through Phú Mỹ Hưng could lift values over the medium term for patient holders.
Price & Market
Current Market Price
112 triệu/m²
📈+164% since launch
Market range
92 triệu – 132 triệu/m²
Unit price
12,7 tỷ – 19,5 tỷ
Rent
27 triệu – 33 triệu/mo
Launch price
42,5 triệu/m²
Est. Rental Yield2.2%
•🟢 Pink books fully issued and no reported legal disputes make this one of the cleanest resale propositions in the Phú Mỹ Hưng secondary market.
•🟢 HCMC's secondary condominium market rose approximately 32% year-on-year in Q1 2026 (CBRE), providing a broadly supportive macro backdrop for resale values in established Phú Mỹ Hưng addresses.
•🟡 Secondary pricing at 92–132M/m² is a wide range reflecting thin transaction frequency — buyers should verify direct comparables before committing to a number.
•🟡 Approved Thu Thiem 4 Bridge (construction targeted 2026, open 2028) will shorten cross-river travel to Thu Thiem and eastern HCMC from the District 7 corridor — a modest positive for medium-term location demand.
•🔴 Gross rental yields of approximately 2% at current secondary prices do not support a buy-to-let thesis — the investment case rests on enclave value stability and medium-term capital appreciation from infrastructure catalysts.
Is this a good deal?
Project
Price
Distance
Garden Plaza 2
112 triệu/m²
—
Garden Plaza 1
105 triệu/m²
0.1 km
Should you buy here?
Best for:
✓Expat families wanting walkable access to SSIS and an intimate boutique building community
✓Long-term homeowners who prioritize green space and building character over modernity
Not ideal for:
✗Buyers needing 1BR or 2BR options — only 3BR units are available
✗Noise-sensitive residents: Tôn Dật Tiên Avenue frontage drives high ambient noise levels
✗Buyers who need metro or walkable public transit access — this is a car-dependent location today
Market Trends
Garden Plaza 2 trades in a thin, stable secondary market anchored by Phú Mỹ Hưng's established expat demand, with pricing quoted at 92–132M/m² but negotiated case by case given minimal transaction frequency.
Decision Factors
Strengths
✓Pink books fully issued and long-term ownership confirmed — no reported legal encumbrances as of May 2026
✓59% green coverage and 38-unit low-density scale — a combination almost impossible to find on a new urban-area site in District 7
✓Saigon South International School (SSIS, HCMC's third-ranked international school) is an 8-minute walk; Crescent Mall is nearby; AEON Citimart is next door; FV Hospital is 1.1 km away
✓Managed by KyTa (Singapore) since handover in 2008 — professional long-run building management with established maintenance culture
Tradeoffs
!Only 3BR units (138–204 m²) — no flexibility for smaller households or buyers who want a more affordable entry point
!High ambient noise: Tôn Dật Tiên Avenue frontage and nearby evening venues keep sound levels at the highest measured tier for this area
!2008 build: buyers should inspect fittings, elevators, plumbing, and electrical systems — building systems are 17+ years old and some units may need full renovation
Watch items
?Verify actual transaction prices directly — only ~38 units exist, so the published secondary price range (92–132M/m²) reflects thin data; buyer should request recent comparable sales before committing
?Confirm parking allocation for the specific unit: basement has 38 total car slots (1:1 ratio) — adequate but with no surplus, availability depends on the unit being purchased
?Metro Line 7 through Phú Mỹ Hưng is proposed with investment filing expected mid-2026 — it is not yet approved; track approval status before attributing a transit premium to current pricing
Unit Types
3BR
3 Beds · 2 Baths · 138–204 m²
12,7 tỷ – 19,5 tỷ
112 triệu/m²
Rent: 27 triệu - 33 triệu/mo
Growing families
Project Details
Developer
Công ty TNHH Phát triển Phú Mỹ Hưng
Status
Delivered 2008
Total Units
38
Towers
2
Legal Information
Launch Date
2006
Handover
2008
Pink Book
Issued
Legal Notes
Long-term ownership for Vietnamese citizens. Pink books (sổ hồng) confirmed issued per secondary-market listing sources; no blockages or legal disputes found as of May 2026. Managed by KyTa since handover in 2008. Developer is Phú Mỹ Hưng Development Corporation.
Amenities
👨👩👧Family: The 12 m² children's pool on the 3rd floor supports families with young children. Phú Mỹ Hưng's international schools, parks, and cycling paths are within easy walking distance.
🏋️Fitness: The 3rd-floor pool deck features a 184 m² adult swimming pool alongside the children's pool, with a relaxation terrace. A fitness center is available on-site for residents.
🏖️Lifestyle: Four ground-floor retail shops provide convenient dining and services without leaving the complex. The 740 m² green plaza with a decorative pond between blocks serves as a communal social space.
🛒Convenience: Basement parking accommodates 38 vehicles at a 1:1 ratio and 95 motorcycles. Card-access entry and 24/7 security cameras with professional guards cover all common areas.
Tôn Dật Tiên Avenue — main boulevard of Phú Mỹ Hưng with direct access to Nguyễn Văn LinhNguyễn Văn Linh Boulevard — connects District 7 to Bình Chánh and central HCMC, about 5 minutes by car
🔇 High Noise🌊 Low Flood🛣️ Not Near Highway
Primarily expatriates, diplomats, and senior Vietnamese professionals who value the Phú Mỹ Hưng lifestyle — international schools, clean streets, and a low-density neighborhood feel. The 38-unit scale creates an intimate building community where most residents know each other.
Things to consider (not deal breakers)
⚠️ Traffic
Tôn Dật Tiên itself stays relatively clear, but Nguyễn Văn Linh sees moderate congestion at peak hou...
Tôn Dật Tiên itself stays relatively clear, but Nguyễn Văn Linh sees moderate congestion at peak hours between the Tân Thuận and Bình Chánh interchanges.
→ Multiple internal Phú Mỹ Hưng roads provide alternative routes to bypass peak-hour bottlenecks on Nguyễn Văn Linh.
🌊 Flood Risk
The Kênh Đào area of Phú Mỹ Hưng benefits from the township's engineered drainage system, which sign...
The Kênh Đào area of Phú Mỹ Hưng benefits from the township's engineered drainage system, which significantly reduces flooding risk compared to other parts of District 7.
→ Phú Mỹ Hưng's master-planned drainage infrastructure has historically kept the area drier than surrounding District 7 neighborhoods.
Sub-zones
🏢
Block A
0 listings
12,7 tỷ - 19,5 tỷ
92 triệu - 132 triệu/m²
🏢
Block B
0 listings
12,7 tỷ - 19,5 tỷ
92 triệu - 132 triệu/m²
Notable Places
3rd-Floor Pool Deck
Podium pool deck on the 3rd floor with a 184 m² adult pool and 12 m² children's pool, accompanied by a relaxation terrace. Among the more generously sized pool facilities in Phú Mỹ Hưng's boutique residential segment.
Green Plaza
740 m² landscaped plaza with a decorative pond connecting Block A and Block B. The garden contributes to a 59.64% green coverage ratio across the 3,084 m² site — giving the small complex an open, park-like atmosphere uncommon in urban District 7.
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