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Explore Vietnam
Sun Group (Sun Property)
Under construction · Developer selling
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 end-users and investors.
North Phú Quốc best-positioned resort project entering the most important infrastructure cycle since 2015. APEC 2027, Sun Group airport takeover with Changi standards, and direct international flights are transforming Phú Quốc from domestic island to international destination. Prices flat 4 years create a rare entry window — if the infrastructure delivers.
| Project | Price | Distance |
|---|---|---|
| Grand World Phú Quốc | 15-30B VND for shophouses — already operational with established foot traffic | Adjacent — lower price, smaller units, operational advantage |
| Park Hyatt Phú Quốc Residences | 50-150B+ VND for ultra-luxury villas on south coast | Bãi Trường — established luxury corridor but farther from APEC infrastructure investment |
| Meyhomes Capital Phú Quốc | 5-15B VND — freehold residential land, lower entry | South Phú Quốc — cheaper with residential title but farther from North Island tourism hub |
End-user: Weak project for owner-occupiers. Sun Secret Valley is a resort complex, not a residential neighborhood — it lacks daily-life infrastructure, schools, and year-round community. High entry price (22B+ VND), commercial land title, and raw shell delivery further reduce livability value. Strong amenities and Sun Group quality partially offset but cannot overcome fundamental unsuitability for primary residence.
Investor: Mixed project for investors. Strong tourism location adjacent to Grand World/VinWonders with Sun Group backing, but high entry price, commercial land classification, seasonal demand, and Phú Quốc resort oversupply risk create meaningful headwinds. Prices flat since 2022 with resale at/below launch levels. Suitable only for patient, high-net-worth investors with 3-5 year horizons.
| Developer | Sun Group (Sun Property) |
| Construction | Construction |
| Completion | 2025 |
| Total Units | 1971 |
| Launch Date | 2022-05 |
| Handover | 2024-Q2 |
| Construction Permit | approved |
| Pink Book | partial |
| Legal Notes | Commercial/service land (đất TMDV), not residential land. Pink Book issued for commercial land. Vietnamese citizens get long-term ownership until 2085. Foreign buyers get 50-year ownership. Interior delivered as raw shell — buyers complete fit-out separately. Developer offers 5M VND/m² interior package for completion within 12 months of handover. |
Sun Secret Valley
| CBD (peak) | 25-30 min to Dương Đông |
| CBD (off-peak) | 15-20 min to Dương Đông |
| CBD (motorbike) | 20 min to Dương Đông |
| Airport (peak) | 40-50 min to airport |
| Airport (off-peak) | 30-35 min to airport |
High-net-worth Vietnamese investors and resort property buyers. Mix of commercial operators (shophouse owners targeting Grand World foot traffic) and vacation homeowners. Seasonal occupancy — busiest during dry season (Nov-Apr), quieter during monsoon months.
