Explore VietnamReal Estate
Explore VietnamPhú Mỹ Hưng Development Corporation
Delivered 2004 · Pink books 100%
One of the first Phú Mỹ Hưng condominiums in the Cảnh Đồi precinct, directly opposite Saigon South International School (SSIS) — large 3-bedroom apartments with permanent pink book ownership in the most school-accessible position within the Hillview zone
Mỹ Phúc is a residential apartment project by Phú Mỹ Hưng Development Corporation in the Cảnh Đồi (Hillview) precinct of Phú Mỹ Hưng, District 7. The development comprises three mid-rise blocks (A, B, C) ranging from 9 to 16 floors, predominantly offering spacious 3-bedroom units of 105–124 m² with permanent ownership certificates. Positioned directly opposite Saigon South International School (SSIS) and Đinh Thiện Lý School, the project sits within Phú Mỹ Hưng's planned green urban environment and benefits from the developer's managed infrastructure.
Balanced for both homeowners and investors.
A dependable family buy in Phú Mỹ Hưng's school corridor — SSIS directly opposite and full pink book ownership at below-peer pricing are the core advantages. The honest tradeoffs are persistent bar noise 15 m from the entrance and 2004 interiors that need renovation budget.
Homeowner: A solid choice for homeowners who prioritise school access — SSIS is directly opposite, making this the best school-proximity position in the Cảnh Đồi zone, and FV Hospital is 1.4 km away. PMH's managed infrastructure keeps flood risk low and the on-site amenities are broader than most same-era buildings. The real caveat is ambient noise: a bar 15 metres from the entrance is a persistent feature, and 2004 interiors will need renovation budget.
Investor: A functioning rental investment supported by SSIS-driven expat demand and a documented secondary market. Estimated gross yield is 4-5% based on current asking rents against a ~50M/m² purchase price, and occupancy is reported as consistently high. Ceiling is limited by the 3BR-only format (narrow tenant pool) and the 2004 building vintage — metro access through Phú Mỹ Hưng is planned but sits in the 2031-2035 programme.
| Market range | 35 triệu – 65 triệu/m² |
| Unit price | 3 tỷ – 8 tỷ |
| Rent | 13 triệu – 35 triệu/mo |
| Project | Price | Distance |
|---|---|---|
| Mỹ Phúc | 50 triệu/m² | — |
| Grand View | 98 triệu/m² | 0.2 km |
| Riverpark Residence | 125 triệu/m² | 0.4 km |
| Riverpark Premier | 150 triệu/m² | 0.4 km |
Resale prices have established in the 35–65M VND/m² range with 3BR units typically around 50M/m², supported by consistent SSIS-driven rental demand; current listing data shows no clear directional price movement.
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | Delivered 2004 |
| Total Units | 960 |
| Towers | 3 |
| Handover | 2004 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All units hold permanent pink books (sổ hồng vĩnh viễn). Project was completed and handed over in 2004. Managed by Phú Mỹ Hưng Development Corporation. Long-term ownership for Vietnamese citizens; foreigners subject to 50-year leasehold per law. Searched: sổ hồng Mỹ Phúc, giấy phép xây dựng, pháp lý Phú Mỹ Hưng — pink book issuance confirmed. |
Mỹ Phúc
| CBD (peak) | 34 min |
| CBD (off-peak) | 23 min |
| Airport (peak) | 67 min |
| Airport (off-peak) | 51 min |
| Long Thành (peak) | 66 min |
| Long Thành (off-peak) | 58 min |
A stable owner-occupier and expat rental community anchored by the direct adjacency to SSIS and Đinh Thiện Lý School, drawing expat families and Vietnamese professional households who prioritise school proximity. The project maintains high occupancy with a family-oriented resident base typical of Phú Mỹ Hưng's Cảnh Đồi zone.
