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Explore Vietnam
5 of 9 delivered
Nam Long Group (NLG) – JV with Nishi-Nippon Railroad (Japan) & TBS Group (Japan)
5 of 9 sub-zones delivered · 4 upcoming 2027–2028
355-hectare Japanese-partnered riverside township at 50-70% of comparable HCMC satellite city prices, with 70% green/water coverage, Dutch-engineered flood protection, and southern Vietnam's largest bilingual school on-site.
355-hectare integrated township on a peninsula with 5.8 km of Vam Co Dong River frontage in Ben Luc, Long An. JV between Nam Long (50%), Nishi-Nippon Railroad (30%), and TBS Group (10%). Master-planned by Conybeare Morrison (Australia) with flood engineering by Royal HaskoningDHV (Netherlands). Over 70% green/water coverage. Phase 1 (165 ha) largely delivered; Phase 2 (190 ha) launching 2025-2030. The most price-competitive large-scale township around HCMC — roughly 50-70% of comparable products at Aquacity or Swanbay.
Balanced for both homeowners and investors.
Waterpoint offers the widest footprint-to-price ratio of any major township near HCMC — 355 hectares of riverside land, an operating bilingual school, and low-density living from under 2 billion VND at roughly 50-70% of comparable satellite-city prices. The meaningful tradeoff is convenience and commute: daily retail remains limited until Aeon Mall Ben Luc opens in 2027-2028, and central Saigon is 45-75 minutes by car with no public transit.
Homeowner: A solid choice for homeowners who value space, greenery, and school access over CBD proximity. EMASI Plus K-12 bilingual school is operating on-site and construction density is low at 23%, while Dutch-engineered flood protection addresses the peninsula's primary environmental risk. The honest tradeoff: daily retail options are limited until Aeon Mall Ben Luc opens (targeted 2027-2028), and the D1 commute is 45-75 minutes by car — no public transit is available today.
Investor: A medium-term infrastructure play with a real rental floor. EHome Southgate apartments deliver roughly 4-5% gross yield renting to Japanese expat workers and local families near Ben Luc industrial zones. The investment case gains credibility as Ring Road 3 and the Ben Luc–Long Thanh Expressway both approach completion (targeting end-2026), but the tenant pool remains narrow and resale liquidity is limited outside the entry-level segment — the full township buildout runs to 2030.
| Market range | 22,5 triệu – 75 triệu/m² |
| Unit price | 1,15 tỷ – 80 tỷ |
| Rent | 3 triệu – 8 triệu/mo |
| Launch price | 26,5 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Waterpoint | 50 triệu/m² | — |
| Aquacity (Novaland, Biên Hòa) | 40-100% more expensive for comparable riverside township product | River-facing masterplan in Biên Hòa — similar nature-township concept but oriented toward HCMC's eastern corridor rather than the south-western Ben Luc industrial belt |
| Swanbay Island Estate (Nam Long JV, Long An) | 20-40% more expensive for comparable product | Island development on the Nhà Bè River, closer to District 7 but with a smaller overall footprint and fewer confirmed on-site facilities than Waterpoint |
Pricing is stable across delivered sub-zones while new sub-zones (Solaria Rise at 41-49M/m², The Pearl at 65-70M/m², Park Village at 48-55M/m²) enter the primary market, broadening the township's product range ahead of the late-2026 infrastructure catalyst window.
| Developer | Nam Long Group (NLG) – JV with Nishi-Nippon Railroad (Japan) & TBS Group (Japan) |
| Status | 5 of 9 delivered |
| Completion | 2030 |
| Total Units | 4500 |
| Towers | 11 |
| Launch Date | 2019-09 |
| Handover | 2030 |
| Construction Permit | Approved |
| Pink Book | Partial |
| Pink Book % | 65% |
| Legal Notes | Pink books issued for Rivera 1, Aquaria 1, and all 7 EHome Southgate blocks (including A1 and B1 handed over Q2 2025). The Aqua handover commenced Q3 2025 with pink books being processed through Long An province land registry. Park Village (handover Q3 2026), Solaria Rise (handover 2027), and The Pearl (handover Q4 2028) pink books pending delivery. Long An province land — long-term ownership for Vietnamese nationals. Nam Long is a listed company (HSX:NLG) with Japanese institutional partners (Nishi-Nippon Railroad 30%, TBS Group 10%). 2026 Government Inspectorate routine compliance check ongoing — no violations indicated as of May 2026. |
Waterpoint
| CBD (peak) | 61 min |
| CBD (off-peak) | 59 min |
| Airport (peak) | 60 min |
| Airport (off-peak) | 59 min |
| Long Thành (peak) | 107 min |
| Long Thành (off-peak) | 103 min |
The community draws young HCMC families seeking generous living space with a bilingual school on-site, Japanese expat professionals based in the Ben Luc and Long An industrial belt, and long-term investors who acquired during the 2019-2022 launch window. Occupancy is rising across delivered sub-zones as EHome Southgate fills out and The Aqua sub-zone begins handover, though the township's social scene is still maturing. EMASI Plus bilingual school (K-12) — described as southern Vietnam's largest bilingual campus — anchors the family demographic.
