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Explore VietnamPhú Mỹ Hưng Development Corporation
The only residential project on Crescent Lake — panoramic water views, a 300m walk to Crescent Mall, and Phú Mỹ Hưng's master-planned environment in a boutique 176-unit Nordic-design building.
The Horizon is a compact Nordic-inspired luxury apartment project by Phú Mỹ Hưng Development Corporation on a 5,800 m² site at Crescent Lake (Hồ Bán Nguyệt) in the Crescent District of Phú Mỹ Hưng, District 7. Two towers — a 24-floor main block and a 9-floor podium block — deliver 166 apartments and 10 shophouses, making it the only residential project in this waterfront sub-zone with panoramic views of Crescent Lake, Starlight Bridge, and the Ca Cam River.
The only address on Crescent Lake — boutique scale, Nordic design, and a rare waterfront position within Phú Mỹ Hưng's master-planned environment make this the most distinctive luxury condo in District 7. Main tradeoff: small site with modest amenity scale and no metro access.
| Market range | 115 triệu – 193 triệu/m² |
| Unit price | 9,9 tỷ – 24 tỷ |
| Rent | 29 triệu – 89 triệu/mo |
| Launch price | 135 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Horizon | 147 triệu/m² | — |
| Midtown Phú Mỹ Hưng (The Peak / M8) | Upper PMH luxury — premium positioning | ~600 m north on Nguyen Luong Bang — larger scale (981 units in The Peak), Japanese build quality, Sakura Park, no lake views |
| Scenic Valley Phú Mỹ Hưng | Mid-luxury — meaningful discount to The Horizon | ~1.5 km within Phú Mỹ Hưng — older complex (702 units), no Crescent Lake views, larger site with more green space |
| Sunrise City View Quận 7 | Upper-mid — more affordable than Crescent Lake waterfront | ~3 km southeast in District 7 — larger complex, farther from Crescent Mall, no waterfront position |
Resale pricing in Phú Mỹ Hưng's luxury tier has been stable-to-rising, with The Horizon commanding a waterfront premium over comparably sized inland PMH projects. The boutique scale and unique lakefront position support price resilience — the main risk is thin volume making individual transactions outsized price events.
| Developer | Phú Mỹ Hưng Development Corporation |
| Total Units | 10 |
| Towers | 2 |
| Launch Date | 2022 |
| Handover | 2024-01 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Legal Notes | Project fully delivered January 2024. Pink books issued for completed units. Vietnamese nationals hold permanent long-term ownership; foreign nationals are eligible for 50-year leasehold. Standard 2% maintenance fund applied at handover. Built by Coteccons Joint Stock Company. |
Horizon
Affluent Vietnamese professionals and expatriate families drawn by the Crescent Lake waterfront setting and the Phú Mỹ Hưng master-planned environment. The small scale (176 units) creates a tight-knit community distinct from the larger Phú Mỹ Hưng complexes nearby.
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