Explore VietnamReal Estate
Explore VietnamQuốc Cường Gia Lai
Delivered 2020
Riverfront high-rise at South Saigon's busiest intersection — three sides on the Rạch Đĩa, directly opposite SC VivoCity, walking distance to RMIT
Lavida Plus is a mixed-use residential development by Quốc Cường Gia Lai on approximately 2.2 hectares at the intersection of Nguyễn Văn Linh and Nguyễn Hữu Thọ in Tân Phong Ward, District 7. The project delivers 1,665 residential and officetel units across two 33-storey towers (Blocks A and B) and a 6-storey commercial podium (Block C), directly opposite SC VivoCity mall. Three sides of the site border the Rạch Đĩa River, integrating a 4,000 m² riverside park into the development.
Balanced for both homeowners and investors.
Lavida Plus delivers a genuinely convenient District 7 address — SC VivoCity directly opposite, SSIS within a short walk, and solid on-site amenities — at pricing modestly below the mid-range peer median. Buyers should weigh the high-noise arterial frontage, moderate tidal flood risk, and the need to confirm pink-book coverage for their specific unit before committing.
Homeowner: A solid choice for homeowners wanting an established District 7 riverside address. SC VivoCity is directly opposite, Saigon South International School (SSIS) is within 1km, and the project's own riverside park, rooftop pool, and sports complex deliver above-average amenity depth for the mid-range segment. The main tradeoffs are high ambient noise from two major arterials at the front facade, moderate tidal flood risk on surrounding streets, and a partially issued pink book — buyers should confirm sổ hồng coverage for their specific unit.
Investor: A workable investment with a documented secondary market and a clear tenant base anchored by nearby universities and the SC VivoCity commercial corridor. Gross rental yields on apartments run roughly 4–5%, while officetels can reach higher but carry residential-registration restrictions that depress resale buyer depth. Two metro proposals along the project's frontage roads add upside optionality, but neither has a confirmed groundbreaking date, so the current investment case rests on existing fundamentals rather than infrastructure re-rating.
| Market range | 44 triệu – 68 triệu/m² |
| Unit price | 2,7 tỷ – 6,1 tỷ |
| Rent | 9 triệu – 21 triệu/mo |
| Launch price | 45 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Lavida Plus | 59 triệu/m² | — |
| Sky Garden (Phú Mỹ Hưng) | Similarly priced, with a modest Phú Mỹ Hưng address premium | Within the PMH planned zone with a more established residential community |
| Midtown Phú Mỹ Hưng | 30–40% more expensive | Central PMH, adjacent to Crescent Mall; stronger brand and management positioning |
| Sunrise Riverside | 5–10% less expensive, Nhà Bè location | Riverside in Nhà Bè district with fewer commercial amenities than District 7 |
Resale prices have stabilised in the 57–60M/m² range for apartments, anchored by the SC VivoCity corridor's continued strength, with the 2024 HC1 tunnel opening and Block B relaunch restoring market visibility after a five-year legal pause.
| Developer | Quốc Cường Gia Lai |
| Status | Delivered 2020 |
| Total Units | 1665 |
| Towers | 3 |
| Handover | 2020 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Pink book status is legally complex. The project land use rights certificate (CI 234771) covers only 11,967 m² of the 21,894 m² total site area (~55%). A criminal investigation launched December 2019 over the below-market 2016–2017 land transfer from Tân Thuận Company (a state-linked entity) to QCGL caused Block B construction to halt. Legal obstacles were resolved by Q3 2024, enabling an August 2024 re-launch of ~400 remaining Block B units. Broker sources as of October 2025 report individual apartment sổ hồng are available for units backed by the issued land certificate, with long-term ownership for Vietnamese citizens. Buyers should verify the land-certificate coverage for their specific unit before signing. |
Lavida Plus
| CBD (peak) | 34 min |
| CBD (off-peak) | 24 min |
| Airport (peak) | 66 min |
| Airport (off-peak) | 50 min |
| Long Thành (peak) | 67 min |
| Long Thành (off-peak) | 60 min |
Young professionals, university staff, and small families drawn to South Saigon's educational and commercial corridor. The large officetel allocation in Block B attracts business operators and remote workers seeking flexible home-office space, creating a mixed occupancy profile across the complex.
