TransparentReal Estate
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Vingroup
Vietnam's largest coastal eco-city (2,870ha) with 443ha Paradise Lagoon, Tiger Woods golf course, 108-story landmark tower, and VinSpeed 350km/h metro — first internationally certified ESG++ smart city in Vietnam.
Better for long-term living than for investing.
Vietnam's most ambitious real estate project — unprecedented 2,870ha scale with Tiger Woods golf and VinWonders. Pure infrastructure bet: current value depends entirely on Cần Giờ Bridge (Q1 2028) and VinSpeed metro (Q4 2028) being delivered on time.
| Project | Price | Distance |
|---|---|---|
| NovaWorld Phan Thiết | Townhouses from 2.6B, villas from 5-8B VND | 1,000ha in Phan Thiết, 200km from HCMC — much cheaper but much further, no metro planned |
| Vinhomes Grand Park | 60-80M VND/m² | Same developer, urban location in Thủ Đức with Metro Line 1 — established, delivered, proven appreciation |
| Aqua City (Novaland) | 25-35M VND/m² (heavily discounted) | Cautionary comparable — similar mega-project in Đồng Nai with severe infrastructure delays, prices dropped 30-50% |
End-user: 6.0 = mixed project, suitable only for certain buyers. Extraordinary Vingroup ambition and planned amenities (Tiger Woods golf, VinWonders, Vinmec, Vinschool) are genuinely world-class on paper. But current reality is brutal: 50km from CBD with ferry-only access (75-90 min peak), active construction site on sea-reclaimed land, no community, no delivered units. The 4.0 location score is the anchor — even with bridge (Q1 2028), peak commute will be 45-60 min. Fits rubric expectation that strong amenity plans + very weak location = 6.0 range. Only suitable for resort-lifestyle seekers who don't need CBD access.
Investor: 5.1 = weak project with notable concerns. Zero current rental income, zero liquidity (no resale market exists), and total dependence on 4 infrastructure projects being delivered on time. Aqua City (Novaland) is the cautionary comparable — similar mega-project with infrastructure delays saw prices drop 30-50%. Vingroup has more resources and government backing, but the 10B+ entry with no income for 2-3 years and no exit for even longer makes this a pure speculative bet. Only for 5+ year investors with high risk tolerance.
| Unit price | 1,9 tỷ – 120 tỷ |
| Launch price | 162 triệu/m² |
Brand new project with no resale history. Developer pricing stable at 89-162M/m² since Oct 2025 launch. The 7.5% early payment discount signals developer prioritizing sales velocity over price. Real price discovery begins when Cần Giờ Bridge opens (Q1 2028) and first units are handed over (late 2026 - mid 2027).
| Developer | Vingroup |
| Construction | Construction |
| Completion | 2030 |
| Total Units | 40000 |
| Towers | 11 |
| Launch Date | 2025-04 |
| Handover | 2026-Q4 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | Detailed Planning 1/500 approved Jan 24, 2025 via Decision No. 340/QĐ-UBND by HCMC UBND. Groundbreaking April 19, 2025. Sales opened Q4 2025. First low-rise handover targeted late 2026 - mid 2027. Full project completion by 2030. |
Vinhomes Green Paradise
| CBD (peak) | Currently 75-90 min via Bình Khánh ferry (capacity bottleneck). After bridge (Q1 2028): 45-60 min |
| CBD (off-peak) | Currently 60-75 min via Rừng Sác Road + ferry. After bridge: 40 min |
| CBD (motorbike) | 60-70 min to District 1 (current) |
| Airport (peak) | 90-120 min via current roads to Tân Sơn Nhất |
| Airport (off-peak) | 60-75 min via Bến Lức-Long Thành Expressway (opening Sep 2026) |
Upper-class families, investors, resort-lifestyle seekers. Planned population 230,000 residents + 8-9 million tourists/year.
Vietnam's largest sea-reclamation coastal mega-urban project by Vingroup, spanning 2,870 hectares with 121km of coastline in Cần Giờ district. Designed as an ESG++ smart city with world-class amenities including a 108-story landmark tower, 443ha Paradise Lagoon, two championship golf courses, and the Blue Waves Theatre.
Register early for priority pricing when sales open