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Explore VietnamCông ty TNHH Phát triển Phú Mỹ Hưng
Delivered 2019 · Pink books 100%
Four towers linked by a 5,000 m² second-floor amenity podium in the heart of Nam Viên, with views of Phú Mỹ Hưng's largest parks and the Mỹ Phú villa district.
Hưng Phúc - Happy Residence is a four-tower residential complex by Phú Mỹ Hưng Development Corporation — the developer's 37th project in the master-planned township and its 8th apartment project in the Nam Viên enclave. Located on Nguyễn Lương Bằng Avenue in Tân Mỹ Ward, HCMC, the four 19-storey towers (Blocks A–D) share a 5,000 m² second-floor amenity podium linking all buildings via covered walkways, housing the pool, gym, jacuzzi, a 250-metre walking path, and outdoor recreation areas. The 554 apartments range from 72 to 93 m² and face Nam Viên's parks, the Mỹ Phú villa district, and the Saigon River. Thirteen two-storey commercial units on the street level complete the ground-floor programme.
Balanced for both homeowners and investors.
Hưng Phúc is a fully-delivered, pink-book-clean Nam Viên apartment for families who want walkable international schools and Phú Mỹ Hưng's master-planned lifestyle at secondary market prices; the honest tradeoffs are high ambient noise from nearby bar and karaoke venues and a car-dependent commute to central HCMC.
Homeowner: A solid homeowner choice in Phú Mỹ Hưng's Nam Viên enclave. International schools including Sedbergh BCIS and Canadian International School are walkable from the front door, FV Hospital is 2 km away, and the connected 5,000 m² amenity podium delivers a complete on-site lifestyle — all at secondary market pricing roughly 13% below the upper-mid segment average. The tradeoffs are high ambient noise from nearby bar and karaoke venues, no metro access for city commuters, and compact 72–93 m² layouts that limit larger family configurations.
Investor: A stable, low-risk income property in a mature location. The Korean and Japanese expat tenant base keeps vacancy low, and 554 units deliver better resale turnover than most boutique Nam Viên neighbours. The key limitation is gross rental yield around 3% at current sale and rent levels — below the 4% threshold income-focused investors typically require — making this a capital-preservation hold rather than a high-yield position. The medium-horizon upside case ties to Phú Mỹ 2 Bridge opening in 2029 and Metro Line 4 progressing along the Nguyễn Hữu Thọ corridor.
| Market range | 88 triệu – 100 triệu/m² |
| Unit price | 6,9 tỷ – 9,7 tỷ |
| Rent | 14 triệu – 28 triệu/mo |
| Launch price | 31,5 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Hưng Phúc | 94 triệu/m² | — |
| Garden Court 1 | 97 triệu/m² | |
| Garden Court 2 | 100 triệu/m² | |
| Aurora | 90 triệu/m² | 0.1 km |
Nam Viên secondary market prices are holding steady at 88–100M/m², supported by consistent expat rental demand and the area's established reputation within the Phú Mỹ Hưng township.
| Developer | Công ty TNHH Phát triển Phú Mỹ Hưng |
| Status | Delivered 2019 |
| Total Units | 554 |
| Towers | 4 |
| Launch Date | 2016 |
| Handover | 2019 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All 554 residential apartments have been delivered and pink books are widely in circulation; resale listings as of 2025–2026 routinely show 'sổ hồng cầm tay'. Vietnamese citizens hold freehold long-term ownership; foreign buyers receive a 50-year renewable leasehold. Thirteen commercial units carry permanent red books (sổ đỏ). Vietcombank was the financial guarantor at launch in 2016. Developed by Phú Mỹ Hưng Development Corporation on Lot S10-2, Khu A, Phú Mỹ Hưng urban area, Tân Mỹ Ward, HCMC (formerly Tân Phú Ward, District 7 — administrative address changed July 1, 2025 per national administrative merger). No legal disputes or construction permit issues were found in available sources. |
Hưng Phúc
| CBD (peak) | 35 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 68 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 67 min |
| Long Thành (off-peak) | 58 min |
Predominantly upper-middle-class Vietnamese families attracted by Phú Mỹ Hưng's master-planned environment, green spaces, and Nam Viên's park setting. A Korean and Japanese expatriate community within the broader Phú Mỹ Hưng area contributes steadily to rental demand.
