VI
🏗
Delivered 2018

Golden King Officetel - Phú Mỹ Hưng, District 7

Công ty CP Đầu tư Phát triển Bất động sản Đông Dương

The only Savills-managed officetel tower in Phú Mỹ Hưng's commercial core, with dual-use units from 31 m².

💰 2,05 tỷ – 3,7 tỷ📏 65 triệu/m²🏗️ Delivered 2018🏢 372 units

Golden King is a 21-story mixed-use officetel tower at 15 Nguyễn Lương Bằng in the heart of Phú Mỹ Hưng, District 7, developed by Đông Dương Real Estate Development. The building delivers 372 dual-use officetel units across floors 6–21, ranging from 31 to 253 m², atop five floors of commercial and retail space. Professional building operations are managed by SAVISTA Holdings.

Project news

SAVISTA Holdings takes over Golden King building management, replacing prior arrangement
Legal · Dec 2023 · savista.com.vn

Neighborhood

86*
Family Score
Excellent
Family infrastructure in this area is genuinely strong. The Japanese School in Ho Chi Minh City is nearby, Kids Club Saigon preschool is 390 m away, and Crescent Lake Park provides accessible outdoor space for weekend family time.
94
Leisure Score
Excellent
Lifestyle options here are exceptional. Crescent Mall is within 600 m, and a dense mix of popular restaurants and casual dining fills the immediate walking radius, making evenings and weekends easy without leaving the neighborhood.
86
Convenience
Excellent
Daily convenience is outstanding at this address. Multiple bank branches sit within 200 m, and 7-Eleven outlets are a short walk away, handling everyday financial and retail needs without a trip to a mall.
76
Health
Good
Medical access is strong at this address. CarePlus clinic is next door for general practice and specialist consultations, while FV Hospital — one of HCMC's leading private hospitals — is 910 m away.
87
Transit Access
Excellent
Bus coverage is adequate, with a stop within 150 m serving the 102 route toward Q1. The nearest metro station, Ben Thanh, is 7.3 km away — residents without a car rely primarily on bus or ride-hailing for cross-district trips.
93
Commute Ease
Excellent
35 min to Q1 Bến Thành via 102. 10 min walk to bus stop.
9
Nightlife
Below Avg
Evening social options are present but not concentrated. A handful of local pubs and bars sit within 600 m, making casual after-work drinks accessible without a dedicated bar district nearby.
36
Quietness
Below Avg
Noise levels here are high. The building fronts a busy commercial boulevard with a five-floor retail podium at street level, and several bars and pubs within 350–600 m sustain an active evening soundscape throughout the week.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.3
🏠 Homeowner
Solid
7.1
📈 Investor
Solid

Balanced for both homeowners and investors.

Golden King offers a prime address in Phú Mỹ Hưng's densest amenity corridor — Crescent Mall, FV Hospital, and international schools all within walking distance — but delivers this through an officetel format on a 0.28 ha plot with no outdoor space and high street noise. Buyers gain a central commercial address; they give up green space, residential title, and quiet.

🏠 Homeowner
Value
6.9
Livability
7
Legal & delivery
8.7
Location & connectivity
7
📈 Investor
Value
6.9
Returns & exit
7.2
Legal & delivery
8.7
Location & demand
6.5
Why the scores differ

Homeowner: A solid choice for homeowners who want to live and work in Phú Mỹ Hưng's commercial core. Pink books are issued for all 372 units, SAVISTA Holdings manages the building professionally, and the location puts Crescent Mall, FV Hospital, and international schools within a short walk. The compromise is format: a 0.28 ha officetel tower with no meaningful outdoor space and commercial-floor noise is not a comfortable family home.

Investor: The investment case is grounded in Phú Mỹ Hưng's established expat tenant pool, where rental yields on officetel units can reach roughly 5% gross. A working secondary market and issued pink books support both entry and exit. The binding constraint is the officetel title: the resale buyer pool is permanently narrower than for standard condos, and an unverified legal risk article warrants independent title confirmation before committing.

Price & Market

Current Market Price
65 triệu/m²
📈 +12% since launch
Market range52 triệu – 79 triệu/m²
Unit price2,05 tỷ – 3,7 tỷ
Rent9 triệu – 15 triệu/mo
Launch price58 triệu/m²
Est. Rental Yield5.0%
  • 🟢 Central Phú Mỹ Hưng location sustains strong expat and professional rental demand, with rents holding at 9–15M VND/month
  • 🟡 Secondary prices are documented at 52–79M/m² (typical 65M/m²), in line with mid-segment peers — pricing is not discounted but carries no premium over standard residential
  • 🟡 Officetel legal status narrows the resale buyer pool relative to standard apartments in the same township
  • 🟡 Two proposed infrastructure upgrades — Metro Line 4 and the Nguyễn Văn Linh – Nguyễn Hữu Thọ intersection — remain in early feasibility study with no confirmed construction dates
  • 🔴 Compact 0.28 ha footprint and commercial podium noise structurally cap the project's appeal for homeowners compared to residential towers in the same township

Is this a good deal?

🟢 ~58% cheaper than comparable projects
Project Price Distance
Golden King 65 triệu/m²
Phú Mỹ Hưng L'Arcade 188,1 triệu/m² 0 km
Cardinal Court 111 triệu/m² 0.2 km
Regency 226 triệu/m² 0.3 km
Star Hill 94 triệu/m² 0.3 km

Should you buy here?

Best for:
  • Business owners wanting a live-work base in Phú Mỹ Hưng's commercial core
  • Single professionals or couples comfortable with an officetel format and no on-site outdoor space
Not ideal for:
  • Families needing long-term residential title and outdoor amenities
  • Buyers sensitive to street and commercial podium noise

Decision Factors

Strengths

  • Phú Mỹ Hưng's best commercial-core address: Crescent Mall, CarePlus clinic, FV Hospital, and the Japanese School all reachable on foot
  • Pink books issued for all 372 units; building is delivered and professionally managed by SAVISTA Holdings
  • Active rental market with expat and professional tenant pool supporting approximately 5% gross yield on typical units

Tradeoffs

  • !50-year commercial land-use title — not long-term residential; resale buyer pool is structurally narrower than standard apartments in the same area
  • !0.28 ha compact footprint with no meaningful outdoor space and high noise from the commercial podium and Nguyễn Lương Bằng boulevard

Watch items

  • ?A Reatimes article flagged unverified legal risks for this project — confirm pink book status and 50-year land-use term with the developer or a legal adviser before purchase
  • ?Management transferred to SAVISTA Holdings in December 2023 — verify current service standards, maintenance fund balance, and fee schedule with building management before committing

Project Details

DeveloperCông ty CP Đầu tư Phát triển Bất động sản Đông Dương
StatusDelivered 2018
Total Units372

Amenities

👨‍👩‍👧 Family: The compact site has no dedicated outdoor family space; residents draw on Phú Mỹ Hưng's broader park and international school network rather than on-site facilities.
🏋️ Fitness: On-site fitness center and sauna serve residents. Standard for an officetel building of this scale in District 7.
🏖️ Lifestyle: Five floors of retail and commercial space within the building handle daily convenience, while Crescent Mall and SC VivoCity are within walking distance on Nguyễn Lương Bằng.
🛒 Convenience: Smart card-access basement parking accommodates both cars and motorbikes. Business meeting rooms are distributed across residential floors, a practical feature for officetel tenants running small operations.
♨️ Sauna🌳 GardenLounge🛗 Elevator🔒 Security🅿️ Car ParkingMeeting Room🛍️ Shopping Mall🏋️ Gym🏍️ Motorbike Parking

Location & Commute

Map

Golden King

20 min
District 1 CBD
49 min
Tân Sơn Nhất Airport
55 min
Long Thành Airport
CBD (peak)31 min
CBD (off-peak)20 min
Airport (peak)63 min
Airport (off-peak)49 min
Long Thành (peak)63 min
Long Thành (off-peak)55 min
🚇
Metro
Ben Thanh Station
7.3km
🛍️
Mall
Golden King Commercial Center
On-site
🛒
Supermarket
SATRA FOOD SUPERMARKET STAR HILL
Nearby
🏫
Schools
The Japanese School in Ho Chi Minh City
Nearby
🏥
Hospitals
Phòng khám CarePlus Quận 7
Nearby
🌳
Park
L'Arcade Central Park
On-site
🔇 Moderate Noise🌊 Low Flood🛣️ Not Near Highway

A mix of small business operators running office functions from their officetel units and investors renting to expatriates and professionals drawn to Phú Mỹ Hưng's international environment.

Sub-zones

🏢
Golden King Apartment
0 listings · 372 units
2,05 tỷ - 3,7 tỷ
52 triệu - 79 triệu/m²
Secondary listings are active, with asking prices from 52 to 79M/m² and a typical rate around 65M/m² — placing units at the mid-segment range for the Phú Mỹ Hưng area. Rental listings hold at 9–15M VND/month, indicating steady demand from professionals and expatriates.
View details →

Notable Places

Golden King Commercial Center
Five-floor retail and commercial center occupying the building's podium along Nguyễn Lương Bằng. For a 0.28 ha officetel tower, a full commercial base of this depth is uncommon and provides built-in dining, retail, and services for residents and tenants without leaving the building.

Projects by Developer

Growth Catalysts

  • 🚀Nguyễn Văn Linh – Nguyễn Hữu Thọ intersection upgrade proposed: VND 2,620 billion underpass and widening
  • 🚀HCMC Metro Line 4 feasibility study launched — 47 km route through District 7 toward Nhà Bè
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This area scores 94 for Leisure Score · 86 for Family Score

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