Explore VietnamReal Estate
Explore Vietnam
1 of 4 delivered
Sun Group (Sun Property)
1 of 4 sub-zones delivered · 3 upcoming
Only resort project in Phú Quốc combining 1.4km Bãi Dài beachfront, 3,000 preserved ancient trees, and direct adjacency to Grand World — backed by Sun Group, the island's largest infrastructure investor and airport operator.
103.2-hectare resort and commercial complex by Sun Group on Bãi Dài beach, northwest Phú Quốc. 1,971 units across 5 themed zones — The Avenue (605 shophouses and shop villas), The Gardenista (amenity-integrated villas), The Laguna (694 low-density resort villas), The Oceana (303 beachfront villas with Indo-Chinese architecture), and a 308-room Crowne Plaza hotel. The project preserves 3,000 ancient trees across 1.4km of beachfront rated among CNN's top 100 beaches worldwide. Only 25% construction density with over 50% green coverage. Adjacent to Grand World, VinWonders, and Corona Casino — Phú Quốc's largest tourism cluster.
Balanced for both homeowners and investors.
Sun Secret Valley is Phú Quốc's standout beachfront resort product — 1.4km of Bãi Dài with 3,000 preserved ancient trees, direct adjacency to Grand World, and Sun Group's vertically integrated airport-to-resort ecosystem behind it. The core risk is TMDV commercial land title with partial pink books, which narrows the buyer pool and anchors the investment thesis to APEC 2027 infrastructure delivering on schedule.
Homeowner: A good resort vacation home, but not a residential address. Sun Group's execution is strong — 1.4km of Bãi Dài beachfront, Crowne Plaza hotel on-site, Grand World a short drive away — and legal status is clear with partial pink books already in process for The Avenue sub-zone. The binding constraint is that TMDV commercial land and a resort-zone noise environment make this a seasonal getaway, not a place to settle year-round: schools are 7km+ away and ambient sound from adjacent bars and event plazas is consistently high.
Investor: A catalyst-driven investment thesis that is progressing, but appreciation is still ahead. The Avenue shophouse market is holding at 2022 launch pricing without premium — the re-rating waits on APEC Convention Center completion (Nov 2027) and the LRT/DT.975 corridor opening. TMDV land and partial pink books limit the resale buyer pool in the near term; the Bãi Đất Đỏ hotel cluster (12,000 new rooms by 2027) introduces direct competition for villa rental yields before the catalyst is fully in play.
| Unit price | 21 tỷ – 28,2 tỷ |
| Launch price | 170 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Sun Secret Valley | 170 triệu/m² | — |
| Novaworld Phu Quoc | Significantly lower entry price across most product types — apartments and townhouses from 2-5B VND vs. 22B+ VND for Sun Secret Valley shophouses | Large-scale resort township on southern Phú Quốc, 30+ km from the APEC Convention Center zone; mixed product types including apartments; different tourism catchment and infrastructure investment concentration |
Primary shophouse pricing in The Avenue sub-zone is holding at 40-47M VND/m², in line with 2022 launch levels, with appreciation deferred to the APEC 2027 infrastructure completion cycle.
| Developer | Sun Group (Sun Property) |
| Status | 1 of 4 delivered |
| Completion | 2025 |
| Total Units | 1971 |
| Launch Date | 2022-05 |
| Handover | 2024-Q2 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Legal Notes | Commercial/service land (dat TMDV) under Sun Property — pink books are issued for the commercial land class, not residential. Vietnamese citizens hold long-term ownership until 2085; foreign buyers receive 50-year leasehold. Phase 1 (The Avenue) handover began May 2024 with raw-shell delivery. Web search May 2026 surfaces no new pink-book or permit announcements for Sun Secret Valley — partial issuance status unchanged. |
Sun Secret Valley
| CBD (peak) | 34 min |
| CBD (off-peak) | 32 min |
| Airport (peak) | 46 min |
| Airport (off-peak) | 44 min |
High-net-worth Vietnamese investors and resort property buyers. A mix of commercial operators running shophouses that target Grand World foot traffic, and vacation homeowners who use the property during the dry season (Nov-Apr). Seasonal occupancy is the norm — this is a resort complex, not a year-round residential community.
