Explore Vietnam
Vạn Phúc Group (formerly Đại Phúc Group)
Under construction · Pre-sale · Pink books 85%
The only 198-hectare Saigon River peninsula township with operational hospital, Cambridge school, water park, and 3.4km riverfront park — backed by 95%+ pink books and 10,000+ residents.
198-hectare riverside township on a Saigon River peninsula in Thu Duc. Mix of 2,000+ townhouses, shophouses, villas, and the new Diamond Sky apartment tower. 40% construction density with 60% dedicated to parks, lakes, and waterways.
Better for long-term living than for investing.
Best large-scale riverside township in Thu Duc — 198ha peninsula with operational hospital, school, water park, and 95%+ pink books. Now entering a new chapter with Diamond Sky apartments and The Legend Shophouse. Main tradeoff: QL13 congestion persists 2+ more years despite Bình Dương section progress.
| Project | Price | Distance |
|---|---|---|
| Diamond Sky | 124,5 triệu/m² | 0.5 km |
| Lakeview City | Townhouse 11-18B, land 190-250M/m² — more affordable but only 30ha | An Phú, Thu Duc — 1/6th scale but closer to CBD with Metro Line 1 access |
| Masteri Thảo Điền | Apartments 110-140M/m², established condo with proven rental market | Thảo Điền — direct Metro Line 1, premium expat area. Diamond Sky's main apartment competitor |
| Verosa Park | Townhouse 12-16B on 8.1ha — lower entry point for Thu Duc townhouse buyers | Former District 9, further from CBD but more accessible price range |
End-user: Good project with meaningful tradeoffs. Exceptional livability and family amenities (on-site hospital, school, water park) and strong legal clarity (95%+ pink books) are offset by QL13 peak-hour congestion adding 15-25 min to CBD and premium pricing starting at 17.5B for townhouses.
Investor: Good fundamentals but premium entry limits upside. 13x land appreciation since 2016 is already priced in. Rental yield of 2-3% is low. Strong legal position aids liquidity, but high capital requirements narrow the buyer/tenant pool. Future catalysts (QL13 widening, Metro 3B) are real but years away.
| Developer | Vạn Phúc Group (formerly Đại Phúc Group) |
| Construction | Construction |
| Total Units | 2078 |
| Towers | 2 |
| Launch Date | 2016 |
| Handover | 2018 |
| Construction Permit | approved |
| Pink Book | partial |
| Pink Book % | 85% |
| Legal Notes | 95%+ of delivered low-rise units have pink books. Over 1,500 homes handed over with full legal documentation. Vietnamese nationals get freehold; foreigners get 50-year leasehold. Diamond Sky and The Legend still under construction. |
Vạn Phúc City
| CBD (peak) | 30-45 min via QL13 and Bình Triệu Bridge |
| CBD (off-peak) | 15-20 min to District 1 |
| CBD (motorbike) | 20-25 min via side streets |
| Airport (peak) | 20-30 min via Phạm Văn Đồng |
| Airport (off-peak) | 10-15 min |
Upper-middle-class Vietnamese families and business owners. 10,000+ residents across townhouses, shophouses, and villas. Mix of owner-occupiers running businesses from shophouses and families in residential zones. Growing expat presence drawn by self-contained township with on-site school and hospital.
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