Explore VietnamReal Estate
Explore VietnamPhú Mỹ Hưng
Delivered 2018 · Pink books 100%
A rare Phú Mỹ Hưng project sandwiched between the Thầy Tiêu River and the Nam Sài Gòn Golf Course — every unit receives natural light and cross-ventilation from both sides — combined with a self-contained four-storey commercial podium absent from most PMH residential complexes.
Scenic Valley 2 is a boutique riverside complex by Phú Mỹ Hưng in the medical campus zone of District 7, comprising three 17-storey towers with 248 apartments on a 1.39-hectare site flanked by the Thầy Tiêu River on one side and the Nam Sài Gòn Golf Course on the other. Designed by Singapore-based KYTA around a 'home in a green garden' concept, each unit is oriented for cross-ventilation from both the river and the golf course, and a four-storey commercial podium with 47 integrated shops distinguishes it from its Scenic Valley 1 predecessor.
Better for long-term living than for investing.
Scenic Valley 2 is a focused pick in Phú Mỹ Hưng for expats and healthcare professionals — the river-and-golf-course double frontage and FV Hospital 120m away are genuine differentiators, with resale prices 16% below the upper-mid peer median making the location accessible. High ambient noise from adjacent Crescent Mall and the absence of metro access are the structural constraints buyers need to weigh.
Homeowner: A strong homeowner choice in the Phú Mỹ Hưng medical campus zone. FV Hospital is next door, Clover Montessori is 60m away, and every unit in the KYTA-designed complex faces the Thầy Tiêu River or Nam Sài Gòn Golf Course — natural light and cross-ventilation from both sides at a price 16% below the upper-mid peer median. The honest tradeoff is ambient noise: Crescent Mall is immediately adjacent and bars and karaoke venues operate within 800m, so quiet evenings are not guaranteed.
Investor: A workable rental investment with a clear tenant story but thin resale liquidity. FV Hospital proximity and the Phú Mỹ Hưng expat community anchor rental demand, pink books are fully issued for clean-title trading, and the 91M/m² price sits below the upper-mid peer median. The constraint is size: with only 248 units, resale opportunities surface infrequently — exit timing matters more here than in larger PMH complexes, and 2BR gross yields of around 3% sit below the threshold many investors target.
| Market range | 82 triệu – 100 triệu/m² |
| Unit price | 6,6 tỷ – 8,65 tỷ |
| Rent | 16 triệu – 43 triệu/mo |
| Launch price | 34 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Scenic Valley 2 | 91 triệu/m² | — |
| Scenic Valley 1 | 78 triệu/m² |
Resale prices have settled at 82–100M/m² for 2BR units and 84–87M/m² for 3BR, reflecting roughly 2.7× appreciation from the 34M/m² 2016 launch price, with rental demand from hospital staff and PMH expats holding steady at 16–43M/month depending on unit type.
| Developer | Phú Mỹ Hưng |
| Status | Delivered 2018 |
| Total Units | 248 |
| Towers | 3 |
| Launch Date | 2016-03 |
| Handover | 2018-09 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | Pink books fully issued to all residents who completed their financial obligations. Three towers (A, B, C) handed over September-October 2018, on schedule. Managed by Phu My Hung Corporation. Units actively trading in secondary market with clean title. No legal disputes found. |
Scenic Valley 2
| 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 mix of Korean, Japanese, Singaporean, and Western expatriates alongside Vietnamese professionals and young families. The boutique scale and 2-bedroom-dominant unit mix draw working couples and small families who prioritise proximity to FV Hospital and the Phú Mỹ Hưng international school cluster.
