Explore VietnamReal Estate
Explore VietnamMove-in ready · Delivered 2025
Recent Phú Mỹ Hưng direct-launch apartment project — part of the current primary pipeline targeting upper-mid domestic buyers.
Balanced for both end-users and investors.
The most mature expat district in HCMC — unmatched for international schooling and rental-to-foreigners economics. Not the place to chase capital upside, but the safest hold for long-term family living.
| Project | Price | Distance |
|---|---|---|
| Aurora | 115 triệu/m² | — |
| Thảo Điền (Quận 2) | Comparable to PMH high-end; older stock 10-15% cheaper | Closer to District 1 but fragmented planning and flood-prone streets |
| Vinhomes Central Park (Bình Thạnh) | 15-25% more expensive per m² for equivalent segment | Single-developer mega-project, closer to CBD, less expat community depth |
| The Global City (Quận 2) | 10-20% higher primary pricing for equivalent specs | Newer master plan, not yet mature — no on-site hospitals or established schools |
End-user: Phú Mỹ Hưng is the gold standard for family living in HCMC: unmatched international school density (SSIS, RMIT, Fulbright, Japanese, Korean, Taiwanese), on-site FV and Tâm Đức hospitals, Crescent Mall, low noise, mature expat community, and pink books widely issued. The 8.1 reflects exceptional livability, project quality, and legal clarity, weighed down by a real 30–45 min peak commute to District 1, no operational metro, mature (premium) pricing, and moderate peripheral flood risk.
Investor: Strong rental case (5–7% yields, 90%+ occupancy in well-managed buildings, broad expat tenant pool) and very clean legal stock support a solid investor score. The 7.9 reflects honest tradeoffs: prices have been flat to +3%/year for three years, capital upside is limited, foreign 30% caps are nearly hit in some buildings, and the tenant pool — though sticky — skews narrower (expats, upper-mid Vietnamese) than mass-market districts.
| Market range | 100 triệu – 130 triệu/m² |
| Unit price | 5,5 tỷ – 9 tỷ |
| Launch price | 111 triệu/m² |
Prices have been flat to +3% annually over the last three years — a mature premium market with strong fundamentals but limited headline growth. Rental demand is the real story: occupancy runs above 90% in well-managed buildings.
| Status | Move-in ready |
| Launch Date | 2024-03 |
| Handover | 2025-12 |
| Construction Permit | approved |
| Pink Book | pending |
| Legal Notes | Handover beginning end of 2025 / Q4 2025; pink book applications expected to follow handover within 12-24 months as is standard for PMH direct-launches. |
