VI
Lumière Riverside Delivered 2023
Delivered 2023

Lumière Riverside An Phu - Masterise Homes Luxury Apartments

Masterise Homes

The only luxury high-rise in the An Phu cluster with a direct-access An Phu Metro Station connection and Leafscape-designed resort amenity podium.

💰 5,1 tỷ – 15 tỷ📏 108 triệu/m²🏗️ Delivered 2023🏢 1030 units

Lumière Riverside is a luxury two-tower residential development by Masterise Homes in An Phu Ward, Thu Duc City, designed in the distinctive Leafscape architectural style that integrates vertical gardens and leaf-shaped design motifs throughout. The East Tower rises 36 floors and the West Tower reaches 44 floors, together delivering approximately 1,030 apartments ranging from studios to four-bedroom units, duplexes, and penthouses across over 9,500 m² of podium-level resort amenities. Positioned directly adjacent to An Phu Metro Station (Line 1), the development combines rare urban rail connectivity with premium Masterise Homes construction standards.

Project news

Lumière Riverside: first pink books issued August 2024
Legal · Aug 2024 · domo.vn

Neighborhood

74*
Family Score
Good
Family appeal here is exceptionally strong. International School Ho Chi Minh City – American Academy is next door, and ISHCMC Early Years — one of HCMC's top preschools — is an 800m walk away, giving families school access on foot from early years through secondary.
89
Leisure Score
Excellent
Lifestyle options are among the strongest in the An Phu corridor at this address. Estella Place is next door, concentrating a well-regarded restaurant and café cluster that makes walkable dining a daily reality.
63
Convenience
Good
Daily convenience is strong at this address. Tops Market An Phu is next door for grocery runs, while in-project access covers immediate top-up needs — practical depth uncommon in the An Phu cluster.
68
Health
Good
Medical access is strong for an urban site of this size. Multiple clinics near Estella Place cover routine care within 220m, while Vinmec Central Park International Hospital is 3.3 km away for specialist and emergency needs.
88
Transit Access
Excellent
Transit access is strong. An Phu Station (Metro Line 1) is nearby at around 870m on foot, providing rail access to central District 1 — the project's principal connectivity advantage.
96
Commute Ease
Excellent
33 min to Q1 Bến Thành via 56. 4 min walk to bus stop.
51
Nightlife
Average
The Thao Dien–An Phu corridor supports a solid evening scene within walking range. Bars and late-night venues are distributed through the immediate area, making a night out achievable without driving.
21
Quietness
Below Avg
Noise is a significant drawback at this address. The development fronts Hanoi Highway directly, generating persistent traffic noise throughout the day and evening that is especially pronounced on lower highway-facing floors.
* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.5
🏠 Homeowner
Good
7.4
📈 Investor
Solid

Balanced for both homeowners and investors.

Lumière Riverside delivers the most direct metro access of any luxury high-rise in the An Phu cluster, backed by Masterise Homes build quality and a strong on-site amenity deck — all in a fully delivered building with an active resale market. The core tradeoff is persistent Hanoi Highway noise and a luxury price entry that limits both homeowner and investor exit options.

🏠 Homeowner
Value
7.1
Livability
8
Legal & delivery
7.9
Location & connectivity
7
📈 Investor
Value
7.1
Returns & exit
7.8
Legal & delivery
7.9
Location & demand
6.9
Why the scores differ

Homeowner: A strong choice for homeowners. Masterise Homes delivers tier-1 build quality and a 9,500+ m² resort amenity podium exceptional for a 1.9 ha urban site, with ISHCMC American Academy adjacent and An Phu Metro Station a short walk away. The principal tradeoff is direct Hanoi Highway exposure — traffic noise is persistent and structural, particularly on lower highway-facing floors. Pink books are being issued in batches; verify your unit's status before signing.

Investor: A solid income-yield play anchored by a proven expat and corporate tenant pool in the An Phu–Thao Dien corridor. Rental rates run 15–52M VND/month across unit sizes, and secondary prices at 95–122M/m² document real market liquidity. The Masterise brand and metro proximity support faster-than-average resale. The ceiling risk is the luxury entry price — at 108M/m² typical, the qualified buyer pool is narrow and the rental income case is stronger than any near-term capital appreciation thesis.

Price & Market

Current Market Price
108 triệu/m²
📈 +14% since launch
Market range95 triệu – 122 triệu/m²
Unit price5,1 tỷ – 15 tỷ
Rent15 triệu – 52 triệu/mo
Launch price95 triệu/m²
Est. Rental Yield4.0%
  • 🟢 An Phu Metro Station (Line 1) opened December 2024 — this operational catalyst supports persistent rental premiums for the most transit-connected addresses in the An Phu–Thao Dien corridor
  • 🟡 Secondary prices at roughly 95–122M VND/m² represent a moderate gain from the 2020 initial launch range; the luxury ceiling limits near-term capital upside from current levels
  • 🟢 Masterise Homes brand and a partial pink book record — first batch issued August 2024, roughly eight months post-handover — support above-average resale liquidity vs. comparable An Phu peers
  • 🔴 At 95–122M VND/m², the qualified buyer pool is narrow — luxury-tier entry prices constrain exit options and amplify dependency on the expat and high-income buyer segments
  • 🟡 Rental demand is healthy — 15–52M VND/month range documented across unit sizes — but the tenant base is concentrated in the expat and corporate market, which can soften if corporate relocations slow or competing supply increases in the corridor

Is this a good deal?

Project Price Distance
Lumière Riverside 108 triệu/m²
Estella Heights 111,9 triệu/m² 0.3 km
Gateway Thảo Điền 90 triệu/m² 0.3 km

Should you buy here?

Best for:
  • Professionals commuting daily to District 1 via metro who prioritize transit-first urban living
  • Expat families with children in international schools — ISHCMC American Academy is next door
  • High-income homeowners seeking Masterise Homes specification and immediate Thao Dien lifestyle access
Not ideal for:
  • Buyers sensitive to traffic noise — Hanoi Highway frontage is persistent and structural on lower floors
  • Mid-range budget buyers — entry at 95–122M VND/m² limits the accessible buyer pool significantly

Decision Factors

Strengths

  • Direct pedestrian connection to An Phu Metro Station (Line 1) — walk-on rail access to central District 1, a structural advantage no peer in the An Phu cluster replicates
  • 9,500+ m² resort amenity podium — pool, gym, tennis, yoga, BBQ, and kids' play spaces at a land-to-amenity ratio uncommon for a 1.9 ha urban site
  • ISHCMC American Academy adjacent and ISHCMC Early Years within 800m — one of the strongest international school access profiles of any development in the An Phu cluster
  • Active resale market at 95–122M VND/m² with documented rent rates — Masterise brand resale liquidity is above segment average

Tradeoffs

  • !Direct Hanoi Highway frontage is a structural noise constraint — persistent on lower floors and not mitigatable by glazing or interior choices alone
  • !Compact 1.9 ha footprint — the resort amenity deck partially compensates, but ground-level green space is limited compared to larger developments
  • !Luxury price entry (108M/m² typical secondary) targets a narrow qualified buyer pool, constraining exit options in a softer market

Watch items

  • ?Pink books are partially issued — first batch in August 2024, further batches in progress. Verify the individual unit's sổ hồng status with the developer or sales agent before committing.
  • ?Foreign buyers receive a 50-year-term pink book rather than permanent ownership — confirm the term implications with a licensed property attorney before signing.
  • ?The corporate and expat relocation rental market can be sensitive to economic cycles — investors should stress-test vacancy assumptions against a scenario where corporate relocation demand slows.

Project Details

DeveloperMasterise Homes
StatusDelivered 2023
Total Units1030

Amenities

👨‍👩‍👧 Family: A dedicated kids' play room and landscaped green corridors provide safe, shaded play space within the podium. The Australian International School (AIS) is a short drive away in An Phu Ward.
🏋️ Fitness: The signature leaf-shaped infinity pool, jacuzzi, high-end gym, yoga area, and tennis courts collectively exceed the standard fitness offering found in comparable An Phu luxury projects.
🏖️ Lifestyle: An outdoor BBQ garden, yoga terrace, and community social spaces integrated into the podium give residents a resort-like environment without leaving the building.
🛒 Convenience: Two levels of basement parking, 24-hour security, and a direct pedestrian connection to An Phu Metro Station (Line 1) make this one of the most transit-convenient luxury high-rises in Thu Duc City.
🏊 Pool🌳 Garden🛗 Elevator🔒 Security🛎️ Concierge

Location & Commute

Map

Lumière Riverside

16 min
District 1 CBD
38 min
Tân Sơn Nhất Airport
50 min
Long Thành Airport
CBD (peak)25 min
CBD (off-peak)16 min
Airport (peak)46 min
Airport (off-peak)38 min
Long Thành (peak)53 min
Long Thành (off-peak)50 min
🚇
Metro
An Phu Station
Nearby
🛍️
Mall
Bắc Kim Thang Estella Place
Next door
🛒
Supermarket
Tops Market An Phú
Next door
🏫
Schools
International School Ho Chi Minh City – …
Next door
🏥
Hospitals
Vinmec Central Park International Hospit…
3.3km
🌳
Park
An Phú Sports Park
Next door
🔇 High Noise🌊 Low Flood🛣️ Near Highway

The resident base skews toward high-income Vietnamese professionals and expatriates employed in Thu Duc City's technology corridor and District 1's financial hub, with a notable share of foreign buyers from South Korea, Japan, and Singapore drawn by the project's metro access and premium specification.

Sub-zones

🏢
East Apartment
0 listings
5,1 tỷ - 15 tỷ
95 triệu - 122 triệu/m²
View details →
🏢
West Apartment
0 listings
5,1 tỷ - 15 tỷ
95 triệu - 122 triệu/m²
View details →

Notable Places

Leaf-Shaped Infinity Pool
The project's signature leaf-shaped infinity pool sits at podium level — a design form distinct from the rectangular pools standard across comparable An Phu luxury developments, and a direct expression of the Leafscape architectural concept applied throughout the towers.
Podium Resort Amenity Deck
Over 9,500 m² of podium-level space integrates yoga gardens, vertical green walls, BBQ terraces, kids play areas, community lounges, and a jacuzzi zone — a scale of amenity provision uncommon for an urban site of 1.9 ha and one of the highest amenity-to-land ratios in the An Phu cluster.

Growth Catalysts

  • Ring Road 3 HCMC: Thu Duc elevated viaduct opens, full 14.7 km targeted April 2026 (2026)
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This area scores 89 for Leisure Score · 74 for Family Score

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