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Explore VietnamPhú Mỹ Hưng Development Corporation
Delivered 2011 · Pink books 100%
Riverside parkfront living with a rare ellipsoidal tower design — one of Phú Mỹ Hưng's most architecturally distinctive early projects, set directly opposite a 7,400 m² landscaped park
Riverpark Residence is a riverside apartment development by Phú Mỹ Hưng Development Corporation in the Cảnh Đồi (Hillview) district of Phú Mỹ Hưng, District 7. Designed by Axel Korn Architektur of Germany, the project comprises 290 apartments and 14 ground-floor retail units across three towers on a 16,747 m² site — two 26-storey rectangular blocks and one distinctive 13-storey ellipsoidal tower oriented to maximise river and parkfront views. An entire 3rd-floor podium is dedicated to landscaped gardens and swimming pools shared by all residents.
One of the best-positioned riverside projects in Phú Mỹ Hưng — the park and river frontage are permanent advantages that newer PMH projects command premium prices to replicate. The 2011 build year is the main tradeoff against younger stock in the area.
| Market range | 113 triệu – 156 triệu/m² |
| Unit price | 15 tỷ – 21 tỷ |
| Rent | 35 triệu – 65 triệu/mo |
| Launch price | 46 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Riverpark Residence | 134 triệu/m² | — |
| Riverpark Premier | Slightly above Riverpark Residence — newer construction | Adjacent in the same Hillview district, newer build (~2018) |
| Happy Valley (Hưng Vượng) | Similar price band, comparable river-adjacent PMH position | Nearby in Phú Mỹ Hưng, also riverside setting |
| Midtown Phú Mỹ Hưng | Premium above Riverpark Residence — central PMH location | Central PMH axis adjacent to Crescent Mall, more amenities |
Prices have appreciated steadily since handover, supported by Phú Mỹ Hưng's overall upward trajectory and the project's scarce park-and-river frontage. The boutique 290-unit supply keeps resale inventory thin and maintains a pricing floor, though transaction volumes are lower than at larger PMH towers.
| Developer | Phú Mỹ Hưng Development Corporation |
| Status | Delivered 2011 |
| Total Units | 290 |
| Towers | 3 |
| Launch Date | 2009 |
| Handover | 2011-10 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | All 290 residential apartments hold long-term freehold (sổ hồng) ownership. Pink books were issued from January 2012, approximately 30–60 days after the Q4 2011 handover. Construction permit approved for the 2009 commencement. Project is managed by Phú Mỹ Hưng Development Corporation with a maintenance fee of approximately 1 USD/m²/month. |
Riverpark Residence
| Airport (peak) | 63 min |
| Airport (off-peak) | 54 min |
| CBD (peak) | 37 min |
| CBD (off-peak) | 24 min |
| Long Thành (peak) | 64 min |
| Long Thành (off-peak) | 58 min |
A well-established community of owner-occupiers, long-term expatriates, and business professionals drawn to the Phú Mỹ Hưng lifestyle — planned streets, international schools, and green corridors. As one of the earlier Phú Mỹ Hưng apartment projects, the community has a settled, long-tenure character with low turnover. The building attracts a mix of Korean, Japanese, and Western expat families alongside Vietnamese executive families.
