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Explore Vietnam
Sun Group
Largest satellite township south of Hanoi — 420 ha, 1001-amenity concept anchored by a 20ha Sun World theme park with an on-site international school and hospital.
A 420-hectare resort urban area by Sun Group in Phủ Lý, Hà Nam, with 200 hectares of green and water surface and 18% construction density. The township combines a 19.37-hectare Sun World theme park, five on-site parks, an international K-12 school and hospital across three master-planned zones: Festival, Era and Ecological.
Better for long-term living than for investing.
Biggest and most ambitious township in the southern Hanoi corridor — strong for family end-users and medium-term holders betting on infrastructure catalysts, weak for anyone needing Hanoi commute convenience or immediate rental yield.
| Project | Price | Distance |
|---|---|---|
| Sun Urban City Hà Nam | 100 triệu/m² | — |
| Vinhomes Ocean Park 2 | Higher — 40-60% above Sun Urban City on like-for-like | Closer to Hanoi (Hưng Yên) but denser and more crowded |
| Sun Urban Nam An Khánh | Higher — west Hanoi pricing premium | In Hanoi administrative boundary, shorter commute |
| Phú Mỹ Hưng Hà Nam (Lam Hạ projects) | Lower — older stock without theme-park anchor | Same ward, smaller scale and fewer amenities |
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 | 5 tỷ – 30 tỷ |
Low-rise primary sales absorbed rapidly at 95-112M/m² land price, with early waves selling out within weeks. Art Residence secondary trading at 30-35M/m², a modest uplift from the 24-30M/m² launch price. Meaningful appreciation depends on CT.01 expressway expansion (target 2027) and high-speed rail station materialization.
| Developer | Sun Group |
| Total Units | 20800 |
| Construction Permit | approved |
| Pink Book | partial |
| Legal Notes | Construction License No. 1929/GPXD issued July 15, 2024 by Hà Nam Department of Construction. Land Allocation Decision No. 944 from Hà Nam PPC (July 15, 2024) to Mặt Trời Hà Nam JSC. All products carry long-term ownership under 2023 Housing Law; foreign buyers limited to 50 years per standard quota. Approved 1/500 master plan. First pink books issued with Art Residence handover June 2025. No legal disputes identified. |
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.
