Delivered 2023

Thảo Điền Green - Boutique Riverside Residences in Thảo Điền

Name: Thảo Điền Green
Address: VN

Công ty Cổ phần Đầu tư Bất động sản SIC

Delivered 2023 · Pink books 100%

The last boutique riverside tower on Nguyễn Văn Hưởng — every unit has Saigon River views, ELIS nursery on-site, and Savills-managed operations.

💰 7 tỷ – 30 tỷ📏 168 triệu/m²🏗️ Delivered 2023🏢 214 units

Thảo Điền Green is a boutique luxury high-rise at 192 Nguyễn Văn Hưởng in Thảo Điền, developed by SIC Corp and managed by Savills Vietnam. The single 25-storey tower holds 204 residences and 9 shophouses on a 4,967 m² riverside plot, oriented so all units command panoramic Saigon River views from a podium-level amenity deck anchored by an infinity pool. SIC's first Ho Chi Minh City project is distinguished by premium finishes — Spanish porcelain floors, Italian bathroom fixtures, Bosch appliances — and 8 m² of green space per resident, four times the citywide average.

Neighborhood

74*

Family Score

Good

Family appeal is very strong here. The International French School of Ho Chi Minh City is nearby, and the on-site ELIS nursery makes early childcare and school placement unusually accessible for expat families in the building.

91

Leisure Score

Excellent

Lifestyle amenities are exceptional in this stretch of Thảo Điền. A dense concentration of independent restaurants and cafés sits within 400m, giving residents one of the most walkable dining scenes in the district.

68*

Convenience

Good

Daily convenience is excellent here. Annam Gourmet's premium grocery occupies the ground floor, while AEON supermarket is a short walk away for full weekly shopping.

55

Health

Average

Health access is well-supported for a city-center address. Family Medical Practice serves international GP needs 1.1km away, with Vinmec Central Park International Hospital providing specialist and emergency care 2.8km from the project.

7

Transit Access

Below Avg

Transit infrastructure is sparse here — the nearest bus stops are over 1.5km away, and Thảo Điền metro station (Line 1) is 2.6km from the building.

92

Commute Ease

Excellent

30 min to Q1 Bến Thành via 153 → MRT1. 4 min walk to bus stop, 1 transfer.

29

Nightlife

Below Avg

The neighborhood offers a well-developed bar and live-music scene within easy walking distance. Saxn'Art Club, a well-reviewed jazz venue, is 210m away, and Evita Sports Bar draws a loyal crowd 590m down the road.

3

Quietness

Below Avg

Quietness is poor here — the building sits at the heart of Thảo Điền's densest entertainment corridor, with bars, live-music venues, and late-night social spaces active within 700m throughout evenings.

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.7

🏠 Homeowner

Good

7.5

📈 Investor

Good

Balanced for both homeowners and investors.

Thảo Điền Green is a fully delivered boutique riverside tower in Thảo Điền's expat heartland — every unit commands Saigon River views, pink books are fully issued, and Savills manages operations. The honest trade-off is a compact 4,967 m² site, high ambient noise from the surrounding entertainment corridor, and premium pricing that puts this among the most expensive per-m² addresses in the sub-district.

🏠 Homeowner

Value

7.6

Livability

7.8

Legal & delivery

8.7

Location & connectivity

7

📈 Investor

Value

7.6

Returns & exit

7.5

Legal & delivery

8.7

Location & demand

6.7

Why the scores differ

Homeowner: A solid choice for homeowners who prioritise address quality and school proximity over quiet and large grounds. Pink books are fully issued, Savills manages operations, and every unit looks over the Saigon River — the package is delivered and legally clean. The honest trade-off: the site is compact, ambient noise is high from the surrounding bar and restaurant strip, and entry price is among the highest in Thảo Điền.

Investor: Thảo Điền's deep expat tenant pool and Savills branding support a credible rental case, with 1BR units delivering gross yields around 4%. Resale is liquid — pink books are clean and secondary pricing is active. The ceiling is the luxury entry price, which narrows the buyer pool on exit and compresses yields on larger units to 3–3.5%.

Price & Market

Current Market Price

168 triệu/m²

📈 +95% since launch

Market range	128 triệu – 229 triệu/m²
Unit price	7 tỷ – 30 tỷ
Rent	26,5 triệu – 80 triệu/mo
Launch price	86 triệu/m²

Est. Rental Yield3.5%

•🟢 Secondary market is active with documented pricing: 1BR at ~144M/m², 2BR ~168M/m², 3BR ~206M/m² — price discovery is clear and transactions are feasible today
•🟢 Metro Line 1 (Thảo Điền station, operational December 2024) adds the first mass-transit option for residents, supporting commutes that previously required personal vehicles entirely
•🟡 Priced ~14% below the luxury peer median on the secondary market — relative value within the segment, though the peer reference pool is limited in size
•🟡 1BR gross rental yields approach 4%, compressing to approximately 3–3.5% for 2BR/3BR units at current secondary market prices — solid for the luxury segment
•🔴 High ambient noise (quietness score 0/100) is a permanent structural feature of this address — prospective buyers should visit in the evening before committing

Is this a good deal?

Project	Price	Distance
Thảo Điền Green	168 triệu/m²	—
The Nassim	Similar or slightly higher per m²	Also boutique scale and riverside in Thảo Điền — comparable positioning
Gateway Thảo Điền	Comparable premium per m²	Larger riverfront complex in the same ward, more amenity depth on site
Masteri Thảo Điền	Approximately 30–40% lower per m²	Five-tower complex, metro-adjacent, larger scale — less boutique than Thảo Điền Green

Should you buy here?

Best for:

✓Expat professionals and families who value Savills-managed quality and proximity to Thảo Điền's international school cluster
✓Families with infants or toddlers benefiting from the on-site ELIS nursery
✓Buyers seeking a fully legal, delivered riverside apartment with no construction or title risk

Not ideal for:

✗Buyers who prioritise quiet living — Thảo Điền's nightlife and dining strip makes this a structurally high-noise address
✗Price-sensitive buyers — secondary market at 144–206M/m² by bedroom type is among the most expensive in the sub-district
✗Buyers who need large landscaped grounds or extensive communal green space

Market Trends

Secondary prices at Thảo Điền Green are active and consistent with the broader Thảo Điền luxury resale market, with no material directional shift visible from current available snapshots.

Decision Factors

Strengths

✓100% pink books issued and Savills-managed — fully de-risked post-delivery with clean title and professional operations
✓Every unit faces the Saigon River — unobstructed panoramic views from all living rooms, rare in the Thảo Điền boutique cluster
✓On-site ELIS nursery and Annam Gourmet premium grocery cover key expat family needs without leaving the building
✓International school cluster within 500m — International French School and AIS bilingual campus walkable, BIS Junior Campus (ranked #1 among HCMC top primary schools) at 900m

Tradeoffs

!Compact 4,967 m² site means limited landscaped grounds and shared outdoor space relative to the luxury price point
!High ambient noise is structural — Thảo Điền's bar, jazz club, and restaurant corridor directly surrounds the building and generates consistent evening noise

Watch items

?Thảo Điền metro station (Line 1) is 2.6km from the building — confirm your daily transport plan before committing, as personal vehicles are effectively required for most commutes
?Management fee of 31,000 VND/m²/month is waived for original buyers until August 2026 — secondary market buyers should confirm whether the waiver applies to their purchase
?Records show a discrepancy between 204 units in the project overview and 214 in the unit configuration breakdown — verify the total apartment count with building management before purchase

Unit Types

1BR

1 Beds · 1 Baths · 54.83–61.61 m²

7 tỷ – 9,5 tỷ

144 triệu/m²

Rent: 26,5 triệu - 31 triệu/mo

Singles & couples

2BR

2 Beds · 2 Baths · 83.51–88.8 m²

11,5 tỷ – 17,5 tỷ

168 triệu/m²

Rent: 34 triệu - 46 triệu/mo

Young families

3BR

3 Beds · 2–3 Baths · 109.09–131.66 m²

20 tỷ – 30 tỷ

206 triệu/m²

Rent: 56 triệu - 80 triệu/mo

Growing families

Penthouse

4 Beds · 4–5 Baths · 322.06–400.71 m²

Under review

80 tỷ – 130 tỷ

250 triệu/m²

Growing families

Project Details

Developer	Công ty Cổ phần Đầu tư Bất động sản SIC
Status	Delivered 2023
Total Units	214

Legal Information

Launch Date	2020
Handover	2023-08
Construction Permit	Approved
Pink Book	Issued
Pink Book %	100%
Legal Notes	Vietnamese nationals receive long-term freehold title; foreign nationals hold a 50-year leasehold under Vietnamese law. SIC Corp committed to issuing individual pink books within 6 months of the August 2023 handover. The project-level land-use certificate and land-use fees were confirmed paid. No legal disputes found as of May 2026. Searched: Thảo Điền Green sổ hồng, SIC Corp pháp lý, Thảo Điền Green giấy phép xây dựng.

Amenities

👨‍👩‍👧 Family: ELIS nursery operates on the amenity podium, providing on-site branded childcare — rare at this scale in Thảo Điền's boutique high-rises. Landscaped walking paths, a children's play zone, and a foot massage stone garden create a multi-generational outdoor environment.

🏋️ Fitness: The podium fitness centre includes a fully equipped gym and yoga studio. An infinity pool with Saigon River panorama, a Jacuzzi, and a foot massage stone garden complete the wellness offering — all on the same amenity floor.

🏖️ Lifestyle: Annam Gourmet and Wayne's Coffee operate in the ground-floor shophouse strip, covering premium grocery and daily café needs without leaving the building. The landscaped BBQ terrace and garden party zone support social gatherings within the complex.

🛒 Convenience: Two basement levels accommodate resident and visitor parking. Savills provides 24-hour building management, concierge services, and maintenance at 31,000 VND/m²/month. Generator backup ensures uninterrupted power for all common areas and lifts.

🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car ParkingShophouse Street🏍️ Motorbike Parking

Location & Commute

Thảo Điền Green

20 min

District 1 CBD

44 min

Tân Sơn Nhất Airport

57 min

Long Thành Airport

CBD (peak)	30 min
CBD (off-peak)	20 min
Airport (peak)	50 min
Airport (off-peak)	44 min
Long Thành (peak)	63 min
Long Thành (off-peak)	57 min

🚇

Metro

Thao Dien Station

2.6km

🛍️

Mall

Sense City Pham Van Dong

1.6km

🛒

Supermarket

On-site supermarket

On-site

🏫

Schools

ELIS Nursery

On-site

🏥

Hospitals

Vinmec Central Park International Hospit…

2.8km

🌳

Park

Waterfall & Stream Garden

On-site

Major Roads

Nguyễn Văn HưởngQuốc HươngXa Lộ Hà Nội

🔇 High Noise🌊 Low Flood🛣️ Not Near Highway

A cosmopolitan mix of expatriates — Korean, Japanese, and European — working in finance and technology, alongside affluent Vietnamese families who prize the Thảo Điền lifestyle and proximity to international schools. The expat concentration keeps rental demand steady and the community internationally oriented.

Things to consider (not deal breakers)

⚠️ Traffic

Nguyễn Văn Hưởng narrows toward the river end, causing congestion during school-run hours (7–8 AM, 4...

Nguyễn Văn Hưởng narrows toward the river end, causing congestion during school-run hours (7–8 AM, 4–5 PM). The Thảo Điền enclave has few through-roads, funneling traffic onto Quốc Hương and Xa Lộ Hà Nội during peak periods. Metro Line 1's Thảo Điền station (~1 km away on Xa Lộ Hà Nội) offers an alternative for commuters heading to Bến Thành.

→ Residents typically stagger departure times or use river taxi services from nearby Thảo Điền jetty. The project's dedicated drop-off zone reduces pressure on the street frontage.

🌊 Flood Risk

Low-lying riverfront land in Thảo Điền carries moderate flood risk during peak monsoon. The project'...

Low-lying riverfront land in Thảo Điền carries moderate flood risk during peak monsoon. The project's two basement levels are engineered by Bachy Soletanche (France) with waterproofing designed for the riverfront water table.

→ French-engineered basement waterproofing by Bachy Soletanche protects underground parking. Residential floors are well above street level, so unit access is unaffected by typical street flooding in the area.

Notable Places

Annam Gourmet

Annam Gourmet operates in the ground-floor shophouse strip — a premium imported grocery and deli brand widely favoured by the expat community. Having it within the building eliminates the need to drive to an off-site outlet.

ELIS Nursery

ELIS early childhood centre operates on the amenity floor, offering on-site childcare in a building where many residents are expat families. On-site branded childcare at this scale is uncommon among Thảo Điền's boutique high-rises.

Foot Massage Stone Garden

Dedicated reflexology path with natural pebble and river rock surfaces, positioned within the amenity zone as a passive wellness feature. Residential foot massage gardens are uncommon even in Thảo Điền's luxury segment.

Infinity Pool with River View

Podium-level infinity pool aligned directly toward the Saigon River — one of the few residential pools in the Thảo Điền high-rise cluster with an unobstructed water panorama. An adjacent Jacuzzi and sunbathing deck share the same riverside orientation.

Reading Pavilion

Dedicated reading space with a curated book collection opening onto a landscaped green courtyard, positioned as a quiet retreat within the amenity podium. Residential libraries remain rare in Vietnamese high-rises below the ultra-luxury tier.

Waterfall & Stream Garden

Cascading waterfall features and artificial stream channels integrated throughout the landscaped podium, creating a distinctive sensory environment across the garden. The water elements weave through walking paths and terraces, making the compact 4,967 m² site feel considerably more expansive.