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Vingroup
Under construction · Developer selling · Pink books 45%
HCMC's largest smart mega-township (271ha) with a complete Vingroup ecosystem — Vincom Mega Mall, Vinschool, Brighton College, Vinmec, VinWonders, and 36ha Central Park — all connected by Ring Road 3 and VinBus to Metro Line 1.
Vinhomes Grand Park is HCMC's largest self-contained mega-township — 271 hectares across Long Thanh My and Long Binh wards in Thu Duc City, developed by Vingroup. The project houses over 43,500 apartments across 71 towers plus 1,000 townhouses, 600 villas, and 700 shophouses, organized into distinct sub-zones ranging from the affordable Rainbow series to the Japanese-collaborated Opus One. Over 70,000 residents live within a complete Vingroup ecosystem: Vincom Mega Mall, Vinschool K-12, Brighton College international school, Vinmec healthcare, VinWonders theme park, a golf driving range, and a 36-hectare Central Park with 15 themed gardens — the largest urban park in HCMC. Ring Road 3 runs directly through the project with an elevated section, and VinBus connects residents to Metro Line 1. With 25% construction density and over 60% green coverage, this is a rare mega-scale project that prioritizes livability over unit count.
Balanced for both end-users and investors.
HCMC best-value mega-township — full Vingroup ecosystem (mall, school, hospital, metro bus) at 35-100M/m² with 20,000+ pink books issued. Tradeoff: 40-55 min peak commute to D1, but Ring Road 3 elevated section opening before April 30 and full 76km by June 30, plus Long Thanh Airport Q4 2026 — a historic connectivity upgrade is weeks away.
| Project | Price | Distance |
|---|---|---|
| The Global City (Masterise) | 100-150 million/m² | Same eastern HCMC corridor, 5 km closer to CBD, luxury segment by Masterise Homes |
| Vinhomes Central Park | 80-135 million/m² (resale) | Binh Thanh, 10 min to D1, established 2016 — the benchmark Vingroup township |
| Masteri An Phu | 70-90 million/m² (resale) | An Phu, closer to D1 and Metro Line 1, smaller scale but better location |
End-user: Good project, solid choice with meaningful tradeoffs. HCMC's largest mega-township (271ha) with an unmatched self-contained Vingroup ecosystem — Vincom Mega Mall, Vinschool, Vinmec, 36ha Central Park, VinWonders — and strong legal clarity (20,000 pink books). The 40-55 min peak commute to D1 and suburban location are the main livability tradeoffs.
Investor: Good project, solid choice with meaningful tradeoffs. Affordable Vingroup entry from 35M/m² with proven 40-80% appreciation since 2019 and strong infrastructure catalysts (Ring Road 3, Long Thanh Airport). However, 45,100 units create internal rental competition keeping yields at 3-5%, and the suburban location limits tenant pool depth.
| Developer | Vingroup |
| Construction | Construction |
| Completion | 2020 |
| Total Units | 45100 |
| Towers | 71 |
| Launch Date | 2019-07 |
| Handover | 2020 |
| Construction Permit | approved |
| Pink Book | partial |
| Pink Book % | 45% |
| Legal Notes | Pink books surpassed 20,000 milestone in early 2026. Over 11,000 issued across The Rainbow, The Origami, and The Beverly. Beverly Solari residents receiving pink books immediately upon handover — a rare achievement for HCMC projects. Approximately 9,000 additional pink books for Beverly Solari and remaining Beverly units being processed. Fastest issuance rate among large HCMC projects. Vietnamese permanent ownership; foreigners 50-year lease. Rainbow and Origami enjoy 5-year management fee subsidy from developer. |
Vinhomes Grand Park
| CBD (peak) | 40-55 min via Xa lộ Hà Nội |
| CBD (off-peak) | 25-30 min via Ring Road 3 or expressway |
| CBD (motorbike) | 35-45 min |
| Airport (peak) | 35-50 min to Tan Son Nhat |
| Airport (off-peak) | 20-25 min via Ring Road 3 |
Young families, professionals, and first-time homebuyers dominate. Over 70,000 residents across a Vietnamese middle-class community with a growing Korean and Japanese expat presence. Active community life centered around the 36ha Central Park and Vincom Mega Mall.