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Vingroup (Green City Development JSC, 99.88% Vinhomes)
Vingroup's first all-in-one mega-township in Long An — a 197.2 ha Vincom + Vinschool + Vinmec ecosystem 40 km from HCMC, positioned to capture demand spillover as Ring Road 3 and the HCMC - Mộc Bài expressway compress the commute.
Vingroup's first 197.2-hectare all-in-one mega-township in Long An, bridging northwest Ho Chi Minh City across five themed sub-zones: The Liberty, The Swan Lake, The Island, The Forest and The Sunrise. The master plan delivers 4,510 townhouses and shophouses, 517 villas, five 25-story apartment blocks, 491 resettlement plots and five social-housing clusters, with 25% construction density preserving 36 ha of parks and an on-site Vincom Mega Mall, Vinschool campus and Vinmec hospital.
Better for long-term living than for investing.
Vingroup's strongest branded bet in the western-HCMC gateway — full Vin ecosystem at 25% density on 197 ha, with first-phase handover timed to Ring Road 3's opening. Tradeoff remains a 60-90 min peak commute to central HCMC, so this works for relocators and long-horizon investors, not daily CBD commuters.
| Project | Price | Distance |
|---|---|---|
| Vinhomes Green City | 88,8 triệu/m² | — |
| Waterpoint Nam Long (Bến Lức) | Mid-market township pricing, ~50-70M/m² for townhouses | Nam Long's 355 ha riverside township in Bến Lức — more mature community and handover history, less branded amenity depth than the Vin ecosystem. |
| T&T City Millennia (Cần Giuộc) | Mid-market pricing, ~35-55M/m² for townhouses | Southern Long An township closer to District 7 via Nguyễn Hữu Thọ — different commute corridor, no Vin ecosystem on-site. |
| Vinhomes Grand Park (District 9) | Upper-mid branded pricing, apartments ~55-85M/m² | Vinhomes' flagship eastern-HCMC township — useful reference for Vin-scale absorption pace and phase-launch sequencing. |
End-user: Solid upper-mid branded township from Vingroup with full Vin ecosystem on-site (Vincom Mega Mall, Vinschool K-12, Vinmec hospital), 25% build density, and 36 ha of parks — strong livability foundation. The 60-90 min peak commute to central HCMC is a real drawback for daily CBD workers, groundbreaking only happened March 2025, and pink books are not yet issued, keeping this solidly in the good-but-not-exceptional range.
Investor: Investor case is narrower than the end-user case: rental market in Đức Hòa is explicitly thin, airbnb demand is low, and the masterplan's 4,500+ low-rise units means absorption risk is real. Long-term upside depends on Ring Road 3 (2026) and HCMC – Mộc Bài expressway (2027) actually delivering on schedule. Vingroup brand provides a price floor but the Long An resale market is still forming.
| Unit price | 1,8 tỷ – 30 tỷ |
| Launch price | 87 triệu/m² |
Primary-sales prices are holding at Vinhomes' initial launch band since June 2025 — Sunrise townhouses ~87-110M/m², Forest shophouses ~65-87M/m², Island villas ~80-150M/m². Trajectory from 2026 depends on Ring Road 3 opening on time, Vincom Mega Mall activation and first-phase handover executing on schedule.
| Developer | Vingroup (Green City Development JSC, 99.88% Vinhomes) |
| Completion | 2028 |
| Total Units | 5518 |
| Towers | 5 |
| Launch Date | 2025-06-26 |
| Handover | 2026-12 |
| Construction Permit | approved |
| Pink Book | pending |
| Legal Notes | 1/500 detailed planning approved by Long An PPC Decision 2329/QĐ-UBND (Feb 28, 2020); investment approval October 2023; groundbreaking March 26, 2025. Long-term freehold ownership (sổ hồng) committed for Vietnamese buyers on low-rise product; apartments follow the standard 50-year term for foreign nationals. Developer has publicly committed to issuing pink books within 18 months of handover. Social-housing and resettlement plots within the master plan are subject to separate eligibility rules. Note: Long An Province was merged into Tây Ninh Province effective July 1, 2025 — the project is now administratively within Tây Ninh, though retains its Đức Hòa / Hậu Nghĩa locality identity. |
Vinhomes Green City
| CBD (peak) | 90+ min to District 1 via QL22 and Trường Chinh — bottlenecks at An Sương and Tây Thạnh |
| CBD (off-peak) | 60 min to District 1 via QL22 or Ring Road 3 shortcut |
| CBD (motorbike) | 70 min by motorbike via Tỉnh lộ 10 and QL22 |
| Airport (peak) | 75 min to Tan Son Nhat via An Sương |
| Airport (off-peak) | 55 min to Tan Son Nhat via Ring Road 3 |
Primary market is young families and upgraders priced out of inner HCMC, plus workers and managers from the nearby Đức Hòa 1, Đức Hòa 3, Tân Đức, Hải Sơn and Xuyên Á industrial parks. Expect a largely Vietnamese, family-skewed community rather than an expat or airbnb crowd.