Explore VietnamReal Estate
Explore Vietnam
Vingroup
Delivered 2018 · Resale only · Pink books 50%
The only luxury project in District 1 with an integrated metro station, Saigon River frontage, and a full Vingroup ecosystem — on 25.29 ha of irreplaceable historic Ba Son land.
Vinhomes Golden River is a 25.29-hectare luxury riverside urban complex developed by Vingroup on the historic Ba Son shipyard site in District 1, Ho Chi Minh City. The project comprises 5 high-rise towers (Aqua 1–4 and Luxury 6, 36–50 floors, ~2,693 apartments) and 63 neoclassical riverside villas (The Victory), with an exceptionally low 18.6% construction density. It integrates Metro Line 1 via the on-site Ba Son underground station, Vincom Center Ba Son mall, Saigon Marina IFC (55-floor Grade A+ office tower), Vinschool, and a marina yacht club — forming a self-contained luxury ecosystem on the Saigon River.
Better for long-term living than for investing.
HCMC's best-located luxury project — District 1 center on the Saigon River with Metro Ba Son station inside the complex, now validated by 20.5M riders in its first year. Proven 2-3.5x appreciation since 2016. Now fully sold out from developer and trading exclusively on resale. The only knock: partial pink book issuance (~50% after 8+ years) and aging relative to newer Grand Marina Saigon next door.
| Project | Price | Distance |
|---|---|---|
| Grand Marina Saigon | 525 triệu/m² | 0.3 km |
| The Marq | 200-350M VND/m² | 29B Nguyễn Đình Chiểu, D1 center, newer (2022), boutique scale but no metro and no riverfront |
| Saigon Royal | 120-160M VND/m² | 34-35 Bến Vân Đồn, D4 riverfront, same Saigon River corridor but lower price and less prestigious D4 address |
End-user: Strong project, above average. Exceptional D1 riverfront location with integrated metro and top-tier amenities, but significantly dragged down by only 50% pink book issuance after 8 years and very high entry price. Scores above Sunwah Pearl (7.7) on location/amenity strength but below VCP (8.3) due to weaker legal clarity and less value for money.
Investor: Good project with meaningful tradeoffs. Outstanding location demand drivers and strong rentability to expats, but the 165-300M/m² entry price limits yield (~3%) and future upside. The 50% pink book gap is a material concern for exit liquidity and financing. Metro catalyst already priced in.
| Developer | Vingroup |
| Construction | Delivered |
| Completion | 2018 |
| Total Units | 2693 |
| Towers | 5 |
| Launch Date | 2015 |
| Handover | 2018 |
| Construction Permit | approved |
| Pink Book | partial |
| Pink Book % | 50% |
| Legal Notes | Pink books have been issued for approximately 50% of apartments. Officetel units remain under purchase contracts. Progressive issuance continues. |
Vinhomes Golden River
| CBD (peak) | Already in D1 center — 5–10 min to Bến Thành by car, or 2 stops by Metro Line 1 |
| CBD (off-peak) | 5 min to anywhere in District 1 |
| CBD (motorbike) | 5 min to Bến Thành, 10 min to Phú Mỹ Hưng |
| Airport (peak) | 40–55 min to Tân Sơn Nhất via Nguyễn Hữu Cảnh or Hai Bà Trưng |
| Airport (off-peak) | 25–30 min to Tân Sơn Nhất |
Affluent Vietnamese professionals, senior executives, expats, and business owners. Strong expat presence drawn by D1 location, on-site metro, Vinschool, and proximity to international schools and offices.
