Nam Phuc Le Jardin - Nam Vien Boutique Condo, Phu My Hung District 7
Công ty TNHH Phát triển Phú Mỹ Hưng
Delivered 2017 · Pink books 100%
Boutique 241-unit PMH project in Nam Viên — the lowest building-density zone in Phú Mỹ Hưng — with a French garden design concept, 45,000 m² of surrounding parkland, and full Phú Mỹ Hưng developer quality and management
💰 8 tỷ – 12 tỷ📏 82 triệu/m²🏗️ Delivered 2017🏢 241 units
Nam Phúc – Le Jardin is a boutique apartment development by Phú Mỹ Hưng Development Corporation in the Nam Viên district of Phú Mỹ Hưng, District 7 — the zone the developer markets as Phú Mỹ Hưng's lowest building-density green heart. Two 22-floor towers share a 4-floor podium on a 5,220 m² site, delivering 233 apartments in 2BR and 3BR configurations (91–164 m²) and 8 ground-floor shophouses. The project borders a 20,000 m² public park and draws its French garden design concept from its setting within the 45,000 m² Nam Viên park network.
Area news
HCMC 2026 land price table in effect from January 2026
Policy · Jan 2026 · xaydungchinhsach.chinhphu.vn
Neighborhood
82*
Family Score
Excellent
Family appeal is exceptionally strong here. Korean International School HCMC is next door, and the adjacent 45,000 m² Nam Viên park network gives children generous outdoor space — a pairing rarely available at this price point within Phú Mỹ Hưng.
88
Leisure Score
Excellent
Lifestyle options are varied and walkable. A broad mix of cafés, restaurants, and casual social venues is within a few minutes on foot, and Crescent Mall is nearby for shopping and dining out.
78
Convenience
Good
Daily convenience is excellent. Kingfoodmart is next door for grocery runs, with everyday essentials — convenience stores and pharmacies — within a short walk.
66
Health
Good
Medical access is strong. Clinics and pharmacies are within 400 m for everyday needs, and FV Hospital — one of HCMC's top hospitals — is 1.8 km away for specialist and emergency care.
62
Transit Access
Good
The nearest bus stop is 280 m away, supporting connections to the wider Phú Mỹ Hưng and District 7 network. The nearest metro station, Ben Thanh, is 8.4 km away.
70*
Commute Ease
Good
54 min to Q1 Bến Thành via 139 → 20. 7 min walk to bus stop, 1 transfer.
2
Nightlife
Below Avg
A genuine local nightlife circuit is within walking distance, with several popular pubs and bars within 400 m. The scene is neighborhood-scale rather than a dedicated entertainment strip.
28
Quietness
Below Avg
Noise exposure is high in the immediate area. Several bars, karaoke venues, and late-night social spots cluster within a few hundred metres, making ambient noise levels among the highest in this part of Phú Mỹ Hưng despite the park-side setting.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.8
🏠 Homeowner
Good
7.5
📈 Investor
Good
Balanced for both homeowners and investors.
Nam Phúc Le Jardin offers one of the rarest combinations in Phú Mỹ Hưng — park-side, low-density boutique living with an international school next door and a meaningful price discount to the upper-mid township median. The tradeoffs are a small site with limited on-site amenity variety and a higher noise environment than the green surroundings might suggest.
🏠 Homeowner
Value
8
Livability
7.8
Legal & delivery
8.7
Location & connectivity
7
📈 Investor
Value
8
Returns & exit
7.2
Legal & delivery
8.7
Location & demand
6.8
Why the scores differ
Homeowner: A solid choice for homeowners who value park-side, low-density living in Phú Mỹ Hưng's lowest building-density zone. Tier-1 PMH execution with all pink books issued and Korean International School HCMC next door gives this boutique project genuine family credentials. The tradeoff: a small 0.52 ha site limits on-site amenity variety compared to larger PMH projects, and the surrounding area carries high ambient noise from nearby bars and late-night venues — worth verifying in person before committing.
Investor: A moderate investment case underpinned by PMH brand protection and a value entry 24% below the upper-mid township median. The secondary market is active with documented pricing, and 100% clean title reduces transaction friction. Rental yields track 3–3.5% gross — better suited to a long-hold appreciation strategy than income-first buyers. Two planned infrastructure catalysts (Thu Thiem 4 Bridge and Nguyen Huu Tho elevated road) offer medium-term upside but both remain several years from completion.
Price & Market
Current Market Price
82 triệu/m²
📈+122% since launch
Market range
74 triệu – 97 triệu/m²
Unit price
8 tỷ – 12 tỷ
Rent
22 triệu – 35 triệu/mo
Launch price
37 triệu/m²
Est. Rental Yield3.4%
•🟢 Secondary pricing of 80–85M/sqm for apartments sits approximately 24% below the upper-mid Phú Mỹ Hưng peer median — a meaningful discount that provides both an investor entry buffer and a relative value argument for homeowners comparing within the township
•🟢 Pink books fully issued across all 241 units eliminates legal friction on secondary transactions — an advantage over several Phú Mỹ Hưng peers where pink-book processing remains in progress
•🟢 Boutique supply of 241 units keeps secondary inventory structurally thin — park-facing and upper-floor listings consistently command premiums over interior-facing units within this project
•🟡 Rental data implies gross yields of approximately 3–3.5%, broadly in line with Phú Mỹ Hưng upper-mid norms but below the 4% threshold typically sought by yield-first investors; the stronger investment argument is long-term price appreciation within an established PMH address
•🟡 Two planned infrastructure catalysts — Thu Thiem 4 Bridge (target 2029) and Nguyen Huu Tho elevated road (target 2028) — are relevant to District 7 connectivity but remain in planning; material price impact will only emerge as construction progresses toward completion
Is this a good deal?
🟢 ~15% cheaper than comparable projects
Project
Price
Distance
Nam Phúc Le Jardin
82 triệu/m²
—
Antonia
118 triệu/m²
0.2 km
Ascentia
110 triệu/m²
0.2 km
Mỹ Viên
70 triệu/m²
0.3 km
Aurora
90 triệu/m²
0.3 km
Should you buy here?
Best for:
✓Families with school-age children wanting walkable access to an international school within PMH
✓Homeowners prioritising green space, low density, and PMH management quality over walkable retail
✓Buyers seeking boutique PMH quality below the luxury price band
Not ideal for:
✗Buyers who need walkable shopping, dining, and entertainment directly at the door
✗Residents sensitive to ambient noise who prioritise a quiet residential environment
Market Trends
Secondary prices have tracked Phú Mỹ Hưng's steady upper-mid appreciation curve since the 2017 handover, with park-facing and upper-floor units holding a consistent premium; buyers should verify current comps as the project enters its ninth year on the secondary market.
Decision Factors
Strengths
✓Adjacent 20,000 m² public park within the 45,000 m² Nam Viên network — the lowest building-density zone in Phú Mỹ Hưng, with all apartments facing greenery or park views
✓Korean International School HCMC is next door — walkable international school access that most Phú Mỹ Hưng projects at this price band cannot match
✓Pink books fully issued across all 241 units — frictionless secondary transactions and straightforward mortgage eligibility
✓Priced approximately 24% below the upper-mid Phú Mỹ Hưng peer median, with tier-1 developer build quality and professional building management retained
Tradeoffs
!Small 0.52 ha site means on-site amenity depth is limited compared to larger Phú Mỹ Hưng projects — pool, spa, and gym are present at boutique scale, but residents rely on the wider township for most daily services
!High ambient noise from bars and karaoke venues within 120–350 m — the quietness score reflects real exposure that sits in contrast with the park-side green setting
Watch items
?The HCMC 2026 updated land price table is in effect from January 2026 — recalculate registration tax and transfer fees under the new rates before finalising acquisition cost estimates
?Two planned infrastructure catalysts — Thu Thiem 4 Bridge (target 2029) and Nguyen Huu Tho elevated road (target 2028) — are not yet under construction as of mid-2026; confirm current timelines before pricing in location upside
?2017 build — mechanical systems in common areas (elevators, pool equipment, HVAC) are approaching age-related maintenance cycles; verify maintenance reserve fund adequacy and inspect shared equipment before purchase
Unit Types
Apartments
2BR
2 Beds · 2 Baths · 91–130 m²
8 tỷ – 9,5 tỷ
80 triệu/m²
Rent: 22 triệu - 28 triệu/mo
Young families
3BR
3 Beds · 2–3 Baths · 102–164 m²
9 tỷ – 12 tỷ
85 triệu/m²
Rent: 23 triệu - 35 triệu/mo
Growing families
Shophouses
Shophouse
0 Beds · 1 Baths · 155–201 m²
Under review
≈ 12,71 tỷ – 16,48 tỷ est.
82 triệu/m²
Singles & couples
Project Details
Developer
Công ty TNHH Phát triển Phú Mỹ Hưng
Status
Delivered 2017
Total Units
241
Towers
2
Legal Information
Launch Date
2016-05
Handover
2017-01-15
Construction Permit
Approved
Pink Book
Issued
Pink Book %
100%
Legal Notes
Pink books confirmed fully issued across all 241 units (233 apartments + 8 shophouses). Project launched May 2016 and handed over January 2017, approximately one year ahead of the original Q4 2018 commitment. Ownership is long-term freehold for Vietnamese citizens. Managed by Phú Mỹ Hưng Development Corporation. Searches conducted: sổ hồng, giấy phép xây dựng, pháp lý Nam Phúc Le Jardin.
Amenities
👨👩👧Family: Children's play area on the amenity podium. The adjacent 20,000 m² park and the broader 45,000 m² Nam Viên network provide extensive outdoor space for families. International schools within Phú Mỹ Hưng — including SIS, RMIT Vietnam, and Đinh Thiện Lý — are reachable within a short drive.
🏋️Fitness: French-style swimming pool and spa on the podium amenity level — the spa distinguishes this project from standard gym-and-pool offerings in PMH's upper-mid segment. A gym is also available on the podium level.
🏖️Lifestyle: 8 ground-floor shophouses serve basic retail and service needs without leaving the complex. Crescent Mall — Phú Mỹ Hưng's main lifestyle retail center — is approximately 2 km away. The Nam Viên park network and PMH's internal walkways provide a pleasant daily outdoor environment.
🛒Convenience: Each apartment includes dedicated car and motorbike parking in the podium basement. 24/7 security at all entry points with CCTV monitoring. Separate private reception lobbies for each tower. Building managed by Phú Mỹ Hưng Development Corporation.
🏊 Pool🌳 Garden🧒 Play Area🔒 Security🏛️ Clubhouse🅿️ Car Parking🏋️ GymShophouse Street🏍️ Motorbike Parking
Location & Commute
Nam Phúc Le Jardin
23 min
District 1 CBD
49 min
Tân Sơn Nhất Airport
58 min
Long Thành Airport
CBD (peak)
35 min
CBD (off-peak)
23 min
Airport (peak)
68 min
Airport (off-peak)
49 min
Long Thành (peak)
67 min
Long Thành (off-peak)
58 min
🚇
Metro
Ben Thanh Station
8.4km
🛍️
Mall
Crescent Mall
Nearby
🛒
Supermarket
Kingfoodmart
Next door
🏫
Schools
Korean International School HCMC
Next door
🏥
Hospitals
FV Hospital
1.8km
🌳
Park
Công viên Cảnh viên
Next door
Major Roads
Đường số 17 — the project's direct frontage road within Phú Mỹ Hưng, connecting the Nam Viên zone to Nguyễn Lương Bằng BoulevardNguyễn Lương Bằng Boulevard — the main north-south arterial of Phú Mỹ Hưng, accessible within 5 minutes and linking to the broader District 7 and District 1 road networkNguyễn Văn Linh Parkway — the main east-west expressway linking District 7 to central Ho Chi Minh City, reachable within 10 minutes via Phú Mỹ Hưng's internal road network
🔇 High Noise🌊 Low Flood🛣️ Not Near Highway
A quiet, close-knit community of owner-occupier families and long-term tenants drawn to the low-density, park-rich environment of Nam Viên. The project attracts Vietnamese executive families and Japanese expat households — a demographic common in this part of Phú Mỹ Hưng given proximity to Japanese cultural amenities and international schools within the wider township.
Things to consider (not deal breakers)
⚠️ Traffic
Nguyễn Lương Bằng sees moderate congestion during peak hours, particularly near the Nguyễn Văn Linh ...
Nguyễn Lương Bằng sees moderate congestion during peak hours, particularly near the Nguyễn Văn Linh intersection. The Nam Viên pocket itself is quiet, with wide internal roads and low through-traffic. Access from central PMH is smooth during off-peak hours.
→ Multiple internal PMH routes provide alternatives to Nguyễn Lương Bằng during peak hours. The Nam Viên location is quieter than the central PMH Crescent/Midtown axis, making daily circulation less stressful.
🌊 Flood Risk
Phú Mỹ Hưng's engineered drainage and elevated site levels have historically shielded the area from ...
Phú Mỹ Hưng's engineered drainage and elevated site levels have historically shielded the area from the severe flooding common in surrounding parts of District 7. Minor surface pooling during heavy rain is possible but persistent flooding is uncommon.
→ PMH's dedicated drainage channels and elevated foundations provide structural protection. The 4-floor podium keeps all residential floors well above street level, adding a buffer during exceptional rain events.
Sub-zones
🏢
A
0 listings
8 tỷ - 12 tỷ
74 triệu - 97 triệu/m²
🏢
B
0 listings
8 tỷ - 12 tỷ
74 triệu - 97 triệu/m²
Notable Places
French-Style Pool
French garden-themed swimming pool on the amenity podium — the themed design concept sets it apart from the standard lap pools typical of upper-mid PMH buildings, and anchors the project's Le Jardin (The Garden) identity.
Spa
On-site spa facility on the podium amenity level — uncommon in boutique upper-mid projects of this scale within PMH, adding a wellness layer beyond the standard gym-and-pool package.
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