Under construction · Handover 2028

The Emerald Boulevard - Highway 13, Ho Chi Minh City

Name: Emerald Boulevard
Address: VN

Lê Phong Group

Under construction · Handover 2028 · Selling

Three 40-floor towers on Highway 13 delivering 1,149 units with an all-in-one resort lifestyle — pools, spa, retail and green spaces — managed by CBRE at upper-mid prices.

💰 1,83 tỷ – 5,5 tỷ📏 62,6 triệu/m²🏗️ Under construction · Handover 2028🏢 1149 units

The Emerald Boulevard is a mixed-use high-rise complex by Lê Phong Group on National Highway 13 in Binh Hoa Ward, Ho Chi Minh City. Three 40-story towers — built on approximately one hectare with three basement levels — deliver 1,149 units spanning condotels, 1–3-bedroom apartments, and ground-floor shophouses under a 'Luxury Layered Living' philosophy. Architecture is by Cubic, landscape design by LJ-Group, and building operations are managed by CBRE.

Project news

Foundation work underway as of May 2026 — on track toward Q4 2028 handover

Construction · May 2026 · groupphatdat.com

Official sales launch held May 5, 2026 — developer reports over 1,200 bookings in 24 hours

Construction · May 2026 · dkrs.com.vn

Groundbreaking ceremony held January 23, 2026

Construction · Jan 2026 · centralcons.vn

Neighborhood

48*

Family Score

Average

Family appeal is meaningful here. Several kindergartens within 700m support early-childhood drop-off on foot, and Inspire Global Schools — one of HCMC's top bilingual K-12 networks — is 2.5km away.

69*

Leisure Score

Good

Leisure options are well distributed immediately around the development. A broad mix of cafés and casual dining within 500m gives residents easy daily social spaces without requiring a drive.

58*

Convenience

Average

Daily convenience is solid along this corridor. Ground-floor retail is expected as the development builds out, and a WinMart+ and multiple GS25 convenience stores sit within 1.2–1.4km along Highway 13.

Health

Below Avg

Medical access is a genuine strength. Hanh Phuc International Hospital is nearby, giving residents same-day access to specialist care that most competing corridors don't offer within easy reach.

Transit Access

Below Avg

Transit infrastructure at the doorstep is limited. Bus stops are 1.4km or more away, and the nearest metro station is Thu Duc Station at 8.5km — residents depend almost entirely on private vehicles for daily movement.

Commute Ease

Below Avg

1 hr 11 min to Q1 Bến Thành via 61-3 → 19. 12 min walk to bus stop, 1 transfer. The approved Highway 13 expansion — widening to 10 lanes with an elevated central section, targeting completion in 2028 — is designed to reduce corridor peak-hour congestion significantly.

Nightlife

Below Avg

There is no concentrated nightlife district in the immediate area. The character of evenings nearby is predominantly residential and casual — neighborhood restaurants and small cafés rather than a bar or club scene.

Quietness

Average

Noise is the project's most significant environment drawback. The site fronts Highway 13 and sits within immediate walking distance of active evening venues, producing a consistently loud environment day and night.

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

Domo Scores™

6.7

🏠 Homeowner

Solid

6.6

📈 Investor

Solid

Balanced for both homeowners and investors.

Three 40-story towers on Highway 13 at 62.6M/m² — a fair-priced upper-mid product for VSIP 1 corridor buyers, backed by CENTRAL Construction and CBRE management to offset Lê Phong Group's limited delivery track record. The binding trade-offs are extreme density, persistent highway noise, and a 2.5-year pre-delivery wait with pink books expected no earlier than 2029–2030.

🏠 Homeowner

Value

Livability

6.3

Legal & delivery

6.1

Location & connectivity

7.3

📈 Investor

Value

Returns & exit

5.8

Legal & delivery

6.1

Location & demand

7.2

Why the scores differ

Homeowner: A reasonable choice for homeowners who work nearby and prioritize resort amenities over quiet. Three 40-story towers on one hectare creates very high density, and Highway 13 frontage means a consistently active noise environment rather than a residential retreat. CENTRAL Construction holds the build contract and CBRE manages operations — both add institutional credibility to a Lê Phong Group project — and Hanh Phuc International Hospital is 650m away. The main cautions are that pink books won't arrive until 2029–2030 and the developer has yet to prove delivery at scale.

Investor: A catalyst-dependent corridor bet with thin liquidity at this stage. No secondary market or rental history exists — this is a May 2026 launch targeting Q4 2028 handover, leaving 2.5 years of illiquidity. The condotel component adds regulatory uncertainty and the tenant pool is concentrated around VSIP 1 industrial demand. Two approved catalysts — QL13 widening to 10 lanes (targeting 2028) and the Binh Duong metro through Thuan An (targeting 2030) — support a medium-term appreciation thesis, but neither is operational at the handover date.

Price & Market

Current Market Price

62,6 triệu/m²

Unit price	1,83 tỷ – 5,5 tỷ
Launch price	62,6 triệu/m²

•🟢 Priced at 62.6M/m² — at the mid-segment peer median (n=9) — offering fair value positioning on the Highway 13 corridor without a premium markup
•🟢 CENTRAL Construction (general contractor, contract December 2025) and CBRE Vietnam (property management) reduce execution risk for an early-stage Lê Phong Group project — a meaningful structural safeguard
•🟡 Highway 13 corridor appreciation is tied to two approved catalysts: QL13 widening to 10 lanes (targeting 2028) and the Binh Duong metro through Thuan An (targeting 2030) — neither is operational at the Q4 2028 handover date
•🟡 Shophouse ground-floor component adds rental income diversification, but liquidity for shophouses on this corridor at scale is untested
•🔴 Lê Phong Group is delivering its first large-scale high-rise — foundation work is underway as of May 2026, but buyers should verify construction milestones actively through the Q4 2028 handover target

Is this a good deal?

Project	Price	Distance
Emerald Boulevard	62,6 triệu/m²	—
Opal Skyline	30–40% cheaper	Thuan An, same Highway 13 corridor — the most direct competitor at a lower price tier
Bcons Polaris	50–55% cheaper	Binh Duong, similar corridor — more affordable entry with less resort-amenity depth
Akari City	20–40% cheaper	Binh Tan — similar distance from CBD, larger township scale with stronger Nam Long developer credentials

Should you buy here?

Best for:

✓Professionals commuting to VSIP 1 or Binh Duong industrial zones who want resort-grade amenities close to work
✓Buyers comfortable with a 2028 delivery horizon and the 2029–2030 pink-book timeline

Not ideal for:

✗Buyers prioritizing a quiet residential environment — highway noise and active nearby venues make this unsuitable
✗Daily commuters to District 1 or 3 — bus transit exceeds one hour; peak-hour highway congestion is significant
✗Pink-book-first homeowners — individual ownership documents expected no earlier than 2029–2030

Market Trends

The Binh Hoa / Thuan An corridor is drawing renewed developer interest as inner-HCMC land costs push mid-market buyers further out; price trajectory depends on QL13 expansion delivery and the Binh Duong metro's operational timeline.

Decision Factors

Strengths

✓Highway 13 frontage gives residents 5-minute access to VSIP 1; QL13 expansion to 10 lanes with elevated central section is approved and targeting 2028 completion, directly addressing corridor peak-hour congestion
✓CENTRAL Construction (general contractor, contract signed December 2025) and CBRE Vietnam (property management, confirmed at January 2026 groundbreaking) provide institutional execution quality for a newer developer's project
✓Full resort amenity package — pool, spa, yoga studio, gym, kids' pool, BBQ area, concierge — uncommon at this price point on the Highway 13 corridor
✓Hanh Phuc International Hospital 650m away gives residents same-day specialist medical access without crossing the city

Tradeoffs

!Three 40-story towers on 1 ha creates extreme density; Highway 13 frontage and active nearby venues produce persistent noise — the quietness score registers at floor
!Bus transit to Q1 Bến Thành takes 1 hour 11 minutes with one transfer; no park within 4km for residents who value green space access

Watch items

?Individual pink books (sổ hồng riêng) are expected 1–2 years post-handover (2029–2030); confirm the documentation timeline before purchase and understand the gap between handover and legal title
?Lê Phong Group has a limited completed-delivery portfolio — monitor construction progress actively from the January 2026 groundbreaking through the Q4 2028 handover target
?Condotel units carry regulatory uncertainty in Vietnam — verify the legal framework for individual ownership of this product type before committing

Unit Types

Apartments

Condotel

0–1 Beds · 1 Baths · 29–117 m²

1,83 tỷ – 3,1 tỷ

62,6 triệu/m²

Singles & couples

1BR

1 Beds · 1 Baths · 45–53 m²

2,8 tỷ – 3,1 tỷ

62,6 triệu/m²

Singles & couples

2BR

2 Beds · 2 Baths · 59–75 m²

3,8 tỷ – 4,7 tỷ

62,6 triệu/m²

Young families

3BR

3 Beds · 2–3 Baths · 84–117 m²

5,45 tỷ – 5,5 tỷ

62,6 triệu/m²

Growing families

Shophouses

Shophouse

55–712 m²

Under review

≈ 3,44 tỷ – 44,57 tỷ est.

62,6 triệu/m²

Project Details

Developer	Lê Phong Group
Status	Under construction · Handover 2028
Total Units	1149
Towers	3

Legal Information

Launch Date	2026-05-05
Handover	2028-Q4
Construction Permit	Approved
Pink Book	pending
Legal Notes	Construction permit obtained before the January 23, 2026 groundbreaking; 1/500 detailed planning completed. General contractor is CENTRAL Construction (contract signed December 25, 2025; strategic partnership announced January 16, 2026). Operations and property management by CBRE Vietnam (confirmed at the January 2026 groundbreaking alongside MB Bank as finance partner and DKRS as marketing distributor). Individual pink books (so hong rieng) expected 1-2 years post-handover (target 2029-2030). No legal disputes noted. Sources: theemeraldboulevard.vn, centralcons.vn, baoxaydung.vn.

Amenities

👨‍👩‍👧 Family: Dedicated children's pool and play zones are separated from adult areas, with a meditation garden providing quiet green space. On-site retail keeps household essentials within walking distance.

🏋️ Fitness: A modern gym, yoga studio, spa with sauna, and infinity pool facing Song Be Golf Course cover daily and weekend wellness needs. The adult pool is designed for both lap swimming and leisure.

🏖️ Lifestyle: Ground-floor retail and dining run along the podium base, supporting daily errands without leaving the complex. A hotel-style lobby with CBRE property management delivers professional residential service for residents.

🛒 Convenience: Three basement levels provide structured car and motorbike parking for 1,149 units, minimising surface congestion. Round-the-clock security and CBRE property management operate building-wide.

🏊 Pool♨️ Sauna🌳 Garden🔥 BBQ Area🛗 Elevator👶 Kids Pool🧒 Play Area🔒 Security🧘 Yoga🛎️ Concierge🅿️ Car Parking🏋️ Gym🏍️ Motorbike Parking

Location & Commute

Emerald Boulevard

29 min

District 1 CBD

31 min

Tân Sơn Nhất Airport

71 min

Long Thành Airport

CBD (peak)	43 min
CBD (off-peak)	29 min
Airport (peak)	37 min
Airport (off-peak)	31 min
Long Thành (peak)	78 min
Long Thành (off-peak)	71 min

🚇

Metro

Thu Duc Station

8.5km

🛍️

Mall

Gigamall

5.0km

🛒

Supermarket

Expected daily retail

Expected

🏫

Schools

International French School of Ho Chi Mi…

6.4km

🏥

Hospitals

Hanh Phuc International Hospital

Nearby

🌳

Park

Gò Vấp Cultural Park

4.4km

Major Roads

National Highway 13

🔇 Moderate Noise🌊 Low Flood🛣️ Near Highway

Mid-to-upper-income professionals and young families, many employed at VSIP 1 or Binh Duong industrial zones and commuting via Highway 13. The full-amenity, professionally managed format attracts buyers who want self-contained resort-style living without paying inner-city premiums.

Things to consider (not deal breakers)

⚠️ Traffic

Highway 13 is the project's sole arterial access — peak-hour congestion between the Binh Phuoc inter...

Highway 13 is the project's sole arterial access — peak-hour congestion between the Binh Phuoc intersection and the Thu Duc interchange is the main friction point for residents commuting toward central HCMC.

→ Three basement levels of on-site parking reduce street-level congestion within the complex. The approved Highway 13 expansion — widening to 10 lanes with an elevated central section, targeted for completion in 2028 — directly addresses corridor peak-hour congestion. The planned Binh Duong-HCMC metro via Thuan An would add a rail commute option when operational.

🌊 Flood Risk

The Highway 13 corridor sits at a higher elevation than adjacent canal-side streets; seasonal floodi...

The Highway 13 corridor sits at a higher elevation than adjacent canal-side streets; seasonal flooding risk here is low relative to lower-lying parts of Binh Hoa Ward.

→ Three basement levels are engineered with waterproofing; highway-elevation positioning means surface flood events are typically short-lived.

Notable Places

Infinity Pool

Infinity-edge pool positioned to frame panoramic views of Song Be Golf Course — rare in the Thuan An / Binh Hoa residential corridor where most project pools face internal courtyards. Paired with a separate children's pool.

Spa & Wellness Centre

Dedicated spa and wellness facility with sauna and relaxation zones built into the residential complex. On-site spa access is uncommon in this price band and corridor, where most competing projects stop at gym and pool.

Growth Catalysts

🚧Highway 13 expansion: 6 to 10 lanes, BOT investor selection targeting October 2026, construction start December 2026 (2028)
🚀Binh Duong-HCMC metro through Thuan An: groundbreaking target accelerated to 2026, operations targeting 2030 (2030)