Explore VietnamReal Estate
Explore Vietnam
Selling · Handover 2027
Second high-rise cluster at Sun Urban City: 5 towers, 9 floors plus basement motorcycle parking, 1,559 apartments with ground-floor retail. Positioned around four pocket parks, with studio to 2BR units from 29 to 58m² under long-term pink-book ownership.
Better for long-term living than for investing.
Biggest and most ambitious township in Hà Nam — strong for family end-users and medium-term holders, weak for anyone commuting to central Hanoi daily.
| Project | Price | Distance |
|---|---|---|
| Park Residence | 50 triệu/m² | — |
| Sun Urban City Hà Nam | 100 triệu/m² | 0.3 km |
End-user: Good project with meaningful tradeoffs (7.0–7.9 band). Sun Group's most ambitious provincial township — 420 ha, on-site Sun World theme park, international school and hospital, 200 ha of green and water at 18% density. Exceptional amenity package for the upper-mid segment. However, Phủ Lý is 60 minutes from Hanoi, ruling out daily commuting. Township is still filling out amenities and surrounding retail is thin. Best suited for Hà Nam and south-Hanoi families who want space and community infrastructure without the Hanoi price tag.
Investor: Mixed project, suitable only for certain investors (6.0–6.9 band). Entry pricing sits 30-40% below comparable Sun Group/Vinhomes townships near Hanoi — attractive if infrastructure catalysts materialize. But Phủ Lý rental demand is thin, yields are under 4%, and secondary liquidity is slow outside launch events. 20,800 total units in a provincial market creates oversupply risk. Appreciation depends on the high-speed rail stop (2030), Sun World opening (2026), and expressway expansion — all uncertain. Strictly a medium-to-long-term hold for investors who accept catalyst dependency.
| Unit price | 1,4 tỷ – 3 tỷ |
| Launch price | 66 triệu/m² |
Low-rise primary prices have moved up modestly through successive launches; meaningful appreciation depends on Sun World opening and the high-speed rail stop materializing.
| Status | Selling |
| Total Units | 1559 |
| Towers | 5 |
| Launch Date | 2025-04-11 |
| Handover | 2027-02 |
| Construction Permit | approved |
| Legal Notes | Mixed ownership terms by product: low-rise villas, townhouses and shophouses carry long-term pink books; high-rise apartments carry 50-year Vietnamese ownership, longer for foreign buyers under standard quotas. |
Park Residence, Sun Urban City Hà Nam
Primarily Hà Nam and southern Hanoi families trading smaller Hanoi units for more space, plus investors betting on the Hanoi–Ninh Bình corridor.
