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Explore VietnamPhú Mỹ Hưng Development Corporation
Nine-block completed estate in Phú Mỹ Hưng's Medical Campus with 70% open space, a 1,000 m² overflow pool, on-site bowling alley, spa, and library — within walking distance of FV Hospital and SSIS international school
Scenic Valley 1 is a mid-scale residential estate by Phu My Hung Development Corporation in the Medical Campus district of Phu My Hung, District 7. The project comprises nine blocks (A-I) of 16 to 24 storeys across a 3.2-hectare site with only 30% construction density, delivering 1,202 apartments ranging from 70 to 200 m2. Designed by Singapore-based KYTA, the project dedicates 70% of the site to green space, mature gardens, and resort-style communal amenities including a 1,000 m2 overflow pool and on-site bowling alley.
Balanced for both homeowners and investors.
Strong value in the PMH Medical Campus — 70% open space, a 1,000 m² overflow pool, bowling alley, spa, and library, with FV Hospital and Crescent Mall next door and SSIS within walking distance, at prices below the PMH luxury tier. The honest trade-offs are the 2017 build age, a high-noise street environment, and a price point 25% above the mid-segment peer median.
Homeowner: A solid choice for homeowners who prioritise greenery, medical access, and school proximity in Phú Mỹ Hưng. The estate delivers an unusually rich amenity set for its price point — 70% open space, a 1,000 m² overflow pool, bowling alley, spa, and library — with FV Hospital and Crescent Mall next door and SSIS within walking distance. Honest trade-offs are the high-noise street environment (bars and karaoke within 800m, constant hospital and mall traffic), a 2017 build age with common areas approaching upgrade cycles, and pricing 25% above the mid-segment peer median.
Investor: A stable but moderate investment in a well-established Phú Mỹ Hưng sub-market. An active secondary market with documented prices and a diversified tenant pool — hospital professionals, international school families, long-term expats — supports rental yield in the 3–4.5% range. Three approved infrastructure catalysts point toward location upside from 2027, but 1,202 units of supply and pricing 25% above mid peers moderate capital growth expectations.
| Market range | 54 triệu – 103 triệu/m² |
| Unit price | 3,85 tỷ – 13 tỷ |
| Rent | 15 triệu – 48 triệu/mo |
| Launch price | 29 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Scenic Valley 1 | 78 triệu/m² | — |
| Scenic Valley 2 | 91 triệu/m² |
Secondary prices have risen steadily since the 2017 handover, tracking Phú Mỹ Hưng's broader upward trajectory; the Medical Campus address, full pink book security, and resort-scale amenities sustain consistent demand, though the 9-block supply base moderates appreciation relative to smaller boutique alternatives in the same township.
| Developer | Phú Mỹ Hưng Development Corporation |
| Total Units | 1202 |
| Towers | 9 |
| Launch Date | 2014 |
| Handover | 2017-Q2 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | Project fully delivered Q2 2017. Pink books (so hong) issued to all 1,202 units under long-term ownership for Vietnamese citizens. Managed by Phu My Hung Development Corporation at 12,000 VND/m2/month. No reported legal disputes or encumbrances found as of May 2026. |
Scenic Valley 1
| CBD (peak) | 31 min |
| CBD (off-peak) | 20 min |
| Airport (peak) | 64 min |
| Airport (off-peak) | 48 min |
| Long Thành (peak) | 63 min |
| Long Thành (off-peak) | 55 min |
A mixed community of Vietnamese professional families and long-term expatriates, drawn by Phú Mỹ Hưng's planned infrastructure and the Medical Campus cluster of international facilities. Hospital staff connected to FV Hospital and international school families with children at SSIS form a consistent residential base, alongside Vietnamese executives seeking an established PMH address with resort-style amenities.
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