HCMC Luxury Apartment Map: Best Districts for Expat Living

Reference Information for: Homeowners or Tenants (Vietnamese, Foreign Expats), or Real Estate Agents

Are you lost in the labyrinth of information about luxury apartments in Ho Chi Minh City? Are you unsure which area truly offers the best value for money, whether for settling down or for profitable investment? Do not worry, I understand that feeling! Saigon is vast, and each area has its own unique character, from bustling and vibrant to serene and upscale. To help you draw your own "best living" map, I want to share all my experience, personal opinions, and real-life stories I have encountered throughout my 13-year journey in the luxury real estate market here.

A Heartfelt Opening: The Journey to Find a Home and Saigon's Story

That feeling of viewing houses, one after another, each with its own "charm" but also many "concerns," is truly an interesting yet challenging journey. From someone who loved to explore, I gradually became a "companion" to countless clients, from young Vietnamese families to foreign experts (expats) from Europe, America, the UK, France, Germany, Korea, Japan... Each person had a different story, a different need, but all shared one common desire: to find a satisfactory place to call home in this magnificent Saigon.

Sometimes it was John, a British engineer new to working in District 1, struggling to find a 2-Bedroom apartment in Thao Dien because he heard it was "very Western." Other times it was Ms. Lan, an owner of a Masteri Thao Dien apartment, wondering how to find suitable tenants and manage her property effectively. Or a newlywed couple looking for an affordable apartment in Binh Thanh but still needing enough amenities for their commute. These stories kept repeating, making me realize that finding an apartment is not just about finding a place to live, but about finding a lifestyle, a community, a "missing piece" that fits one's self.

Therefore, this article is not just about dry numbers and projects, but sincere sharing and personal insights from someone who has witnessed and experienced this market for over 13 years. I will walk you through each area, "dissecting" their pros and cons, and especially revealing invaluable "hard-earned" experiences so you can confidently make your decision. Let us begin the journey to explore the "Ho Chi Minh City Luxury Apartment Map"!

Why Are Ho Chi Minh City Luxury Apartments So Appealing?

Saigon, or Ho Chi Minh City, is not only the largest economic and cultural center in the country but also a destination for millions of people from all over the world. This dynamism and integration have created a huge demand for housing, especially in the luxury apartment segment. According to recent market reports (e.g., Q4/2023), the luxury apartment segment continues to maintain price growth and a good absorption rate, especially in prime locations.

1. Upscale quality of life: Modern luxury apartment projects are not just residences but closed-loop ecosystems of amenities: infinity pools, state-of-the-art gyms, children's playgrounds, green parks, shopping malls right at your doorstep... Everything you need is within reach.

2. Prime location and convenient transportation: Most luxury apartments are located in central or near-central areas, making it easy to travel to other districts, the airport, and industrial zones. The development of the metro system, in particular, has been and continues to transform urban transportation, making apartments near metro stations extremely attractive.

3. Diverse, civilized international community: Living in a luxury apartment gives you the opportunity to interact with neighbors of similar standing, many of whom are foreigners, creating a multicultural, civilized, and safe community.

4. Investment and rental income potential: With rapid urbanization and the demand for rental housing from foreigners, luxury apartments are always an attractive investment channel, offering stable rental returns and long-term capital appreciation potential.

My Personal Criteria for Choosing a Luxury Apartment (and possibly yours too)

Before delving into each area, I want to share a bit about the criteria I often use to evaluate a luxury apartment, both for myself and as advice for clients. I believe everyone has their own priorities, but these are core factors that everyone should consider:

1. Location and transportation connectivity: This is the most important factor for me.

1. Proximity to work/school: Helps save travel time and reduces stress.

2. External amenities: Near supermarkets, hospitals, restaurants, cafes, parks. I prefer places where everything I need is just a step outside the door.

3. Connectivity: Easy access to other districts, especially Tan Son Nhat Airport. In the near future, metro lines will become operational, and apartments near metro stations will definitely be "hot spots."

4. Traffic density: An area with clear roads and less traffic jams is a big plus.

2. Internal and external amenities:

1. Internal: Swimming pool (must have a nice view), gym (modern equipment), children's playground (if you have a family), BBQ area, internal park. It is important that these amenities are well-maintained and clean.

2. External: Besides basic amenities like supermarkets and hospitals, I also care about international schools (if I have young children), entertainment areas, or simply a favorite cafe near home.

3. Resident community and security:

1. Community: I like places with a civilized, friendly, diverse resident community (both Vietnamese and foreigners) to have opportunities for interaction and networking.

2. Security: 24/7 security system, access cards, surveillance cameras... are essential to ensure privacy and safety for the family.

4. Construction quality and management:

1. Developer's reputation: Choose projects from large, reputable developers (Vingroup, Keppel Land, CapitaLand, Masterise Homes...) to ensure construction quality and clear legal standing.

2. Management unit: A professional management unit helps maintain the quality of amenities, general cleanliness, and quickly resolves any issues. Sometimes, management fees might be a bit higher, but in return, you get peace of mind and comfort.

5. Price and potential for appreciation/rental:

1. Within budget: Clearly, we must choose within our financial capabilities, whether buying or renting.

2. Appreciation potential: For investment, I will thoroughly research the future development potential of the area and infrastructure plans.

3. Rental price: For rental, it is necessary to assess the rental market, target customers, and average rental prices in the area. An apartment that can be easily rented at a good price is always a priority.

Ho Chi Minh City Luxury Apartment Map: Exploring Each Area

Now, let us delve into each "golden coordinate" on the Ho Chi Minh City luxury apartment map! I will focus on the districts with the most luxury projects and the highest interest.

1. District 1 - The Heart of Vibrant, Sleepless Saigon

Location and characteristics: District 1 is the center of all economic, cultural, and entertainment activities in Ho Chi Minh City. It concentrates Class A office buildings, luxury shopping malls, high-end restaurants, 5-star hotels, and famous tourist attractions. Living in District 1 means living in absolute convenience, but also constant vibrancy.

Suitable for: High-level professionals, successful entrepreneurs, singles or couples who love bustling urban life, wanting to enjoy all high-end amenities right at their doorstep. Especially foreigners working in central offices.

Featured Projects:

1. Grand Marina, Saigon: Located at 2 Ton Duc Thang, Ben Nghe Ward, District 1 (formerly Ba Son). Bearing the Marriott/JW Marriott Residences brand, it is a symbol of international luxury and class.

Area: Diverse from 1 Bedroom to 4 Bedroom penthouses.

Selling Price: From 25,000 USD/m2 (may vary by time and view).

Rental Price: From 2,000 USD/month for a 1-Bedroom unit, up to 10,000 USD/month for larger units.

2. The Marq: Located at 29B Nguyen Dinh Chieu, Da Kao Ward, District 1. A project by HongKong Land, notable for its luxurious design, rooftop infinity pool, and rare tranquility in the heart of the city.

Area: Apartments from 1 Bedroom (~45m2) to 4 Bedrooms (~145m2).

Selling Price: From ~15.000 USD/m2 

Rental Price: From 1300 USD/month for a 1-Bedroom unit 

3. Centennial Ba Son: Also located in the former Ba Son area, Nguyen Huu Canh, Ben Nghe Ward, District 1. An Alpha King project, expected to be a new architectural icon.

Area: Diverse apartment types.

Selling Price: Reference from ~12,000 USD/m2.

Advantages:

1. Golden location, extremely high investment and rental value.

2. Unlimited external amenities: Michelin-starred restaurants, shopping malls, parks, theaters.

3. Diverse international, upscale resident community.

4. Convenient travel to all parts of the city.

Disadvantages:

1. The most expensive prices in the market.

2. Life can be noisy, with less greenery than other areas.

3. Frequent traffic jams during rush hour.

Personal opinion and Case study:

I once had a client, David, an American finance company director. He loved the convenience of District 1. He rented a 2-Bedroom unit at The Marq for 2,500 USD/month in 2022. He shared: "I just need to walk a few minutes to the office, and downstairs I can find all kinds of restaurants and bars. Although the rent is a bit high, I save a lot of travel time and have a very dynamic life. In the evening, I can walk to Nguyen Hue walking street or enjoy a cocktail at a rooftop bar. That is the price for convenience that I am willing to pay."

For those seeking ultimate luxury and convenience, District 1 is definitely the top choice, no matter how steep the price.

2. District 2 (now part of An Khanh Ward , Ho Chi Minh City ) - Where Modernity and Serenity Intersect

The former District 2 is now part of Thu Duc City, but the name District 2 is still deeply ingrained in the minds of Saigonese when referring to new, modern, and upscale urban areas. I will divide District 2 into key sub-areas for your easy understanding: Thao Dien, Thu Thiem, and An Phu.

2.1. Thao Dien - A "Mini Europe" in the Heart of Saigon

Location and characteristics: Thao Dien (An Khanh Ward, Ho Chi Minh City, formerly District 2) is famous for its green, peaceful living space, distinct from the hustle and bustle of the city center. This area gathers a large community of foreigners (expats), with a diverse system of international schools, restaurants, cafes, and imported supermarkets.

Suitable for: Families with young children looking for a safe living environment, close to international schools, or foreigners who love tranquility, convenience, and want to immerse themselves in an international community.

Featured Projects:

1. Masteri Thao Dien: Right at An Phu Metro Station, Hanoi Highway, Thao Dien Ward, Thu Duc City. One of Thao Dien's pioneering and iconic projects, with synchronous planning and Vincom Mega Mall right at the base.

Area: 1 Bedroom (~50-60m2), 2 Bedrooms (~60-80m2), 3 Bedrooms (~90-110m2).

Selling Price: From ~5000 USD/m2 – ~ 5,500 USD/m2.

Rental Price: From 600 USD/month (1 Bedroom) to 1,500 USD/month (3 Bedrooms). Duplex - Penthouse around 2000 - 4000 USD/month

2. Lumiere Thao Dien: Adjacent to Masteri Thao Dien, a more premium project by Masterise Homes with luxurious design and stunning Saigon River views.

Area: Similar to Masteri.

Selling Price: From ~8000 - 9000 USD/m2.

Rental Price: 1 bedrooms : 1000 - 1200 USD/month , 2 bedrooms 1300 USD - 1500 USD , 3 bedrooms : 1600 USD - 2000 USD/month

3. Estella Heights: 88 Song Hanh, An Khanh Ward, Ho Chi Minh City (near Thao Dien). A Keppel Land project, with good construction quality and many internal amenities.

Area: 1 Bedroom (~60m2), 2 Bedrooms (~80-100m2), 3 Bedrooms (~120-150m2).

Selling Price: From ~7500 USD/m2 ~9000 USD/m2.

Rental Price: From 900 USD/month (1 Bedroom) , 1300 - 1800 USD/month ) 2 bedrooms , 1800 - 3000 USD/month ( 3 bedrooms ) , 4000 - 5000 USD/month ( 4 bedrooms + )

4. The Vista: 628C Hanoi Highway, An Phu Ward, Thu Duc City. One of the older projects but still maintaining its quality.

Area: 101 - 104 m2 ( 2 bedrooms ) 135 , 139 , 142 m2 ( 3 bedrooms ), 174 m2 ( 4 bedrooms ) , 242 - 323 m2 ( duplex , penthouse )

Selling Price: Approximately ~4500 - 5500 USD/m2.

Rental Price: From 900 USD - 5500 USD /month.

5. Thao Dien Green: 192 Nguyen Van Huong, Thao Dien Ward, Thu Duc City. A new project, modern design, lots of greenery.

Area: Diverse.

Selling Price: 7000 USD/m2  ~9000 USD/m2.

6. Thao Dien Pearl: 12 Quoc Huong, Thao Dien Ward, Thu Duc City. Located right next to Thao Dien metro station, with full amenities.

Area: 2 Bedrooms (~95-122m2), 3 Bedrooms (~130-1138m2).

Selling Price: Approximately ~4,000 - 4500 USD/m2.

Rental Price: From 900 USD/month to 2000 USD/month

Advantages:

1. Green, quiet living environment, international community.

2. Many international schools, imported supermarkets, European and Asian restaurants.

3. Good rental value, especially for foreigners.

4. Convenient connection to District 1 via Saigon Bridge and Metro Line 1.

Disadvantages:

1. Some roads are prone to localized flooding during the rainy season.

2. High prices compared to the general market.

3. Some areas have narrow roads, making traffic difficult during rush hour.

Personal opinion and Case study:

I remember in late 2021, a German family, Anna and Michael with two young children, moved to Saigon. Their top priority was a living environment close to an international school (their children attended ISHCMC) and with green spaces. I advised them to rent a 3-Bedroom unit at Estella Heights for 1,300 USD/month. After 2 years, they are still very satisfied. Anna once shared with me: "In Thao Dien, we can bike in the afternoon, my children have international friends, and I can find all the necessary ingredients to cook our traditional dishes at Annam Gourmet. It feels like living in a small European town, but still very close to the center of Saigon."

Thao Dien is the perfect choice for those seeking a balance between modern urban life and a peaceful environment, especially young families and foreigners.

2.2. Thu Thiem - New Financial Center, Symbol of the Future

Location and characteristics: Thu Thiem New Urban Area (part of An Khanh, An Loi Dong, Thu Thiem Wards, Thu Duc City - formerly District 2) is planned to become the new financial and commercial center of Ho Chi Minh City, on par with Shanghai's Pudong or Singapore's Marina Bay Sands. It boasts stunning Saigon River views, modern infrastructure, and iconic architectural landmarks.

Suitable for: Investors looking to seize growth opportunities, entrepreneurs, young professionals who appreciate modernity, luxury, and want to live in an international-class environment.

Featured Projects:

1. The River Thu Thiem: Located on Vong Cung Boulevard, An Khanh Ward Ho Chi Minh City. A high-end project with a prime riverside location, modern design, and many upscale amenities.

Area: From 1 Bedroom (~60m2) to 4 Bedroom penthouses (over ~200m2).

Selling Price: From ~4,800 USD/m2 – ~7,200 USD/m2 (can be higher for river-view units).

Rental Price: From 1,500 USD/month (1 Bedroom) to 6,000 USD/month (larger units).

2. The Metropole Thu Thiem: Also located on Vong Cung Boulevard, An Khanh Ward, Thu Duc City. Comprising The Galleria, The Crest, The Opera, The Opusk phases. A symbol of luxury and modernity.

Area: Similar to The River.

Selling Price: From ~9000 USD/m2 – ~10.000 USD/m2.

Rental Price: 1000 - 1300$/month ( 1 bedrooms ) , 1400 - 1800$ ( 2 bedrooms ) , 1800 - 2500$ ( 3 bedrooms )  , 8000 - 13000$ ( 4 bedrooms )

3. Sala Dai Quang Minh: A large, high-end complex urban area with many villas, townhouses, and luxury apartments (Saroma, Sarica, Sadora, Sarimi). Located on Mai Chi Tho Street, An Loi Dong Ward, Thu Duc City.

Area: Diverse.

Selling Price: From ~7000 USD/m2 – ~8500 USD/m2 (apartments).

Rental Price: From 1,000 USD/month (2 Bedroom apartment).

4. The Sun Avenue: Mai Chi Tho Boulevard, An Phu Ward, Thu Duc City. A large-scale Novaland project with many apartment towers and shophouses.

Area: 1 Bedroom (~55m2), 2 Bedrooms (~75m2), 3 Bedrooms (~95-110m2).

Selling Price: Approximately 4000 - 5000 USD/m2.

Rental Price: From 500 USD/month (1 Bedroom).

5. New City Thu Thiem: 17 Mai Chi Tho, An Khanh Ward, Thu Duc City. Highly rated for its living space and amenities.

Area: 1 Bedroom (~50m2), 2 Bedrooms (~70-85m2), 3 Bedrooms (~90-130m2).

Selling Price: Approximately ~4500 - 5000 USD/m2.

Rental Price: From 600 USD/month (1 Bedroom).

Advantages:

1. Strategic location, huge development and appreciation potential in the future.

2. Well-planned, synchronous, modern infrastructure.

3. Stunning views of the Saigon River and District 1 center.

4. Will be the city's new financial and cultural hub.

Disadvantages:

1. Very high selling and rental prices.

2. Currently, external amenities are still under completion and not as rich as Thao Dien or District 1.

3. Limited number of apartments, high competition.

Personal opinion and Case study:

I have a client, Mr. Nam, a young investor in the tech industry. He decided to buy a 2-Bedroom unit at The Metropole Thu Thiem in 2020 when the project was just launched, with the goal of long-term investment. He said: "I see huge potential in Thu Thiem. This will be an iconic area of Ho Chi Minh City in the next 10-20 years. Although the price is high now, I believe in its vision and planning. The asset value will surely multiply many times over." To date, Mr. Nam's apartment has increased in value by over 40% in just 3 years, and he is renting it out at a very good price to a Japanese expert working in the District 1 area.

Thu Thiem is the playground for visionary investors and those who want to experience the upscale life of the future.

2.3. An Phu - Stable, Conveniently Developed Area

Location and characteristics: An Phu Ward (Thu Duc City, formerly District 2) is located between Thao Dien and Thu Thiem, also a livable area with many quality apartment projects and full amenities. An Phu offers a balance between modernity and tranquility.

Featured Projects:

1. Feliz En Vista: Dong Van Cong Street, An Khanh Ward, Ho Chi Minh City (near An Phu). A CapitaLand project with unique design, many "unconventional" amenities like a heated swimming pool and artificial hot spring.

Area: 1 Bedroom (~58m2) to 4 Bedrooms (~140m2).

Selling Price: Approximately ~4500- 5,500 USD/m2.

Rental Price: From 600 USD/month (1 Bedroom).

2. Palm Heights: Song Hanh Street, An Khanh Ward, Ho Chi Minh City. Also a Keppel Land project, part of the Palm City urban area, with green living spaces.

Area: 1 Bedroom (~75-80m2), 2 Bedrooms (~85-120m2), 3 Bedrooms (~120-135m2).

Selling Price: Approximately ~4,000 - 4,500 USD/m2.

Rental Price: From 750 USD/month (2 Bedroom).

Advantages:

1. More reasonable prices compared to Thao Dien or Thu Thiem.

2. Diverse, quality internal amenities.

3. Convenient transportation connectivity via Mai Chi Tho and Hanoi Highway.

Disadvantages:

1. Some areas still lack greenery.

2. Has not truly created a unique identity like Thao Dien or Thu Thiem.

3. Binh Thanh District - Convenient Connectivity, Diverse Choices

Location and characteristics: Binh Thanh District is a bridge between District 1 and the Eastern districts (District 2, Thu Duc). It offers a diversity of housing types, from traditional townhouses to luxury apartments. Binh Thanh is renowned for its extremely fast connectivity to the city center and surrounding areas.

Suitable for: People working in District 1, District 2, Go Vap, Phu Nhuan; young families looking for convenient apartments at a more affordable price than District 1.

Featured Projects:

1. Vinhomes Central Park: 208 Nguyen Huu Canh, Ward 22, Binh Thanh District. A symbol of luxury with the city's largest riverside park, Landmark 81 tower, marina, schools, hospitals... a "mini-city."

Area: 1 Bedroom (~45-55m2), 2 Bedrooms (~65-90m2), 3 Bedrooms (~95-130m2), 4 Bedrooms (~140-180m2).

Selling Price: From ~5,000 USD/m2 – ~7,000 USD/m2 (depending on view, tower).

Rental Price: From 600 USD/month (1 Bedroom) to 2,500 USD/month (3-4 Bedrooms).

2. Sunwah Pearl: 90 Nguyen Huu Canh, Ward 22, Binh Thanh District. Luxurious design, views of the Saigon River and city.

Area: 1 Bedroom (~52-56m2), 2 Bedrooms (~90-100m2), 3 Bedrooms (~120-130m2).

Selling Price: From ~4,500 USD/m2 – ~5,500 USD/m2.

Rental Price: From 700 USD/month (1 Bedroom).

3. Saigon Pearl: 92 Nguyen Huu Canh, Ward 22, Binh Thanh District. An older project that still maintains its appeal with green spaces and full amenities.

Area: 1 Bedroom (~85m2), 2 Bedrooms (~90-100m2), 3 Bedrooms (~120-140m2).

Selling Price: From ~3,200 USD/m2 – ~4,000 USD/m2.

Rental Price: From 750 USD/month (2 Bedroom).

4. The Manor: 91 Nguyen Huu Canh, Ward 22, Binh Thanh District. Featuring classic French architecture, an upscale resident community.

Area: Studio to 3 Bedrooms.

Selling Price: Approximately ~3,500 - 4,000 USD/m2.

Rental Price: From 500 USD/month (Studio).

5. City Garden: 59 Ngo Tat To, Ward 21, Binh Thanh District. Noted for its unique elliptical design and extensive green space.

Area: 1 Bedroom (~65m2), 2 Bedrooms (~100-110m2), 3 Bedrooms (~140-160m2).

Selling Price: From ~5,500 USD/m2 – ~6,500 USD/m2.

Rental Price: From 800 USD/month (1 Bedroom).

6. Pearl Plaza: 561A Dien Bien Phu, Ward 25, Binh Thanh District. Integrates a shopping mall and offices.

Area: 2 Bedrooms (~90m2), 3 Bedrooms (~120m2).

Selling Price: Approximately ~4,000-4,500 USD/m2.

Rental Price: From 800 USD/month (2 Bedrooms).

Advantages:

1. Extremely convenient location for commuting to District 1, District 2, Phu Nhuan, Go Vap.

2. Diverse prices, many choices from mid-range to high-end segments.

3. Rich internal and external amenities (schools, hospitals, traditional markets, shopping malls).

4. Many apartments have beautiful Saigon River or city views.

Disadvantages:

1. Some roads frequently experience traffic jams during rush hour.

2. High population density, can be a bit noisy.

3. Some older projects may require upgrades.

Personal opinion and Case study:

I have a young couple, Mr. Huy and Ms. Ngan, who work in District 1 and District 2. They wanted a 2-Bedroom apartment with a budget of approximately 1,200 USD/month in 2023. I introduced them to a unit at Vinhomes Central Park. What they liked most was being able to walk to the Ben Thanh - Suoi Tien metro station (soon to be operational) and the large park right downstairs. Mr. Huy said: "Every morning it only takes me 15 minutes to drive to District 1, and my wife can easily take a taxi to District 2. On weekends, we take our child to the park, and eat at Landmark 81. It feels like we do not have to go far to enjoy a modern, convenient life."

Binh Thanh is an ideal choice for those who prioritize convenient transportation and want a variety of options regarding price and amenities.

4. District 4 - Golden Location, Growth Potential

Location and characteristics: District 4 is located right next to the city center, District 1, surrounded by the Saigon River and Ben Nghe Canal. This "golden triangle" location offers outstanding development potential. In recent years, District 4 has "transformed" with many luxury apartment projects, attracting the attention of investors and young residents.

Suitable for: People working in District 1, District 7, young couples, singles who want a convenient, modern apartment with good connectivity and more "reasonable" prices than District 1.

Featured Projects:

1. Millennium: 132 Ben Van Don, Ward 6, District 4. Luxurious design, views of the Saigon River and District 1 city center.

Area: 1 Bedroom (~53-65m2), 2 Bedrooms (~65-80m2), 3 Bedrooms (~95-107m2).

Selling Price: From ~4,500 USD/m2 – ~5,500 USD/m2.

Rental Price: From 700 USD/month (1 Bedroom).

2. Goldview: 346 Ben Van Don, Ward 1, District 4. A large-scale project with many internal amenities, a shopping mall.

Area: 1 Bedroom (~50-65m2), 2 Bedrooms (~70-90m2), 3 Bedrooms (~100-130m2).

Selling Price: From ~4,000 USD/m2 – ~4,500 USD/m2.

Rental Price: From 600 USD/month (1 Bedroom).

3. Icon 56: 56 Ben Van Don, Ward 12, District 4. A Novaland project, modern architecture, prime location.

Area: 1 Bedroom (~50-55m2), 2 Bedrooms (~75-80m2), 3 Bedrooms (~85-92m2).

Selling Price: Approximately ~5,000 - 5,500 USD/m2.

Rental Price: From 650 USD/month (1 Bedroom).

4. Saigon Royal: 34-35 Ben Van Don, Ward 12, District 4. A Novaland project, adjacent to District 1 city center.

Area: Studio (~33m2), 1 Bedroom (~50m2), 2 Bedrooms (~70-80m2).

Selling Price: Approximately ~5,500 - 6,500 USD/m2.

Rental Price: From 600 USD/month (Studio).

Advantages:

1. Extremely close to District 1, just a few minutes by motorbike or a short walk across the bridge.

2. Beautiful river and city center views, especially at night.

3. More reasonable prices than District 1 while still providing high-end amenities.

4. High appreciation and rental potential due to infrastructure development and rental demand from foreigners working in the center.

Disadvantages:

1. Quite high population density, potential traffic jams at some intersections.

2. Some areas still have narrow roads, not yet synchronized.

3. Less green space than other areas.

Personal opinion and Case study:

I have a homeowner, Ms. Mai, who bought a 2-Bedroom unit at Goldview in 2018 for rental purposes. Ms. Mai shared: "At that time, I saw that District 4 was still quite undeveloped but the location was too prime. I decided to invest and have no regrets. My apartment always has tenants, mainly foreign professionals working in District 1, because they just need to walk across Ong Lanh Bridge to get there. The rental price from 900 USD/month (in 2019) has now risen to 1,200 USD/month (in 2024), and there is always a waiting list of people wanting to rent."

District 4 is an excellent choice for those who want to live near the city center but at a more "affordable" price, and it is also a potential investment channel.

5. District 7 (Phu My Hung) - Model Urban Area, International Class

Location and characteristics: Phu My Hung (Tan Phong, Tan Phu, Tan Quy, Tan Thuan Dong Wards, District 7) is a model urban area meticulously planned since the 1990s, famous for its extensive green spaces, modern infrastructure, wide roads, and civilized resident community. It concentrates many international schools, international hospitals, large shopping malls, and entertainment areas.

Suitable for: Families with young children looking for a safe, clean living environment close to international schools; people who love tranquility, convenience, and want to experience upscale living, integrating with an international community.

Featured Projects: Phu My Hung has many apartment complexes, villas, and townhouses. I will list a few typical areas:

1. Canal Grandview Area (Canal Grandview, Garden Plaza...): Famous for modern design, green river, and canal views.

2. Crescent Lake Area (The Crescent, Scenic Valley...): Where entertainment facilities and Crescent Mall shopping center are concentrated.

3. Midtown Area (The Grande, The Symphony, The Signature, The Peak): The newest high-end projects of Phu My Hung, with modern design and superior amenities.

Area: Diverse from 1 Bedroom (~60m2) to 4 Bedrooms (over ~150m2).

Selling Price: From ~2,800 USD/m2 – ~4,000 USD/m2 (Midtown area can be higher).

Rental Price: From 800 USD/month (1 Bedroom) to 3,000 USD/month (large apartment/villa).

4. Sunrise City (District 7, near Kenh Te Bridge): Located at the gateway to Phu My Hung, convenient for connecting to District 4 and District 1.

Area: 1 Bedroom (~50m2), 2 Bedrooms (~75-100m2), 3 Bedrooms (~120-140m2).

Selling Price: Approximately ~1,800-2,600 USD/m2.

Rental Price: From 600 USD/month (1 Bedroom).

Advantages:

1. Green, clean, peaceful living space, synchronous planning, wide roads.

2. High-quality international education system, international hospitals (FV, Tam Duc).

3. Civilized, safe, multicultural resident community (especially Korean, Japanese).

4. Full range of high-end amenities within the urban area (Crescent Mall, SC VivoCity...).

Disadvantages:

1. Location is a bit far from District 1 city center (about 20-30 minutes commute).

2. Living costs and management fees can be higher.

3. Not as many nightlife options as District 1.

Personal opinion and Case study:

I have a Korean family, Mr. Park and Ms. Kim, with two young children. They have lived in Phu My Hung for over 5 years. Mr. Park said: "When we first came to Vietnam, we chose Phu My Hung because we heard there was a large Korean community here, many international schools, and a very safe living environment for children. My children attend the Korean International School and the Saigon South International School very close to home. My wife often goes to the Korean market here, and we feel like we are living back home." In 2019, they rented a 3-Bedroom unit in Midtown for 1,800 USD/month, and currently the price has increased to about 2,300 USD/month.

Phu My Hung is a "paradise" for families looking for an ideal, convenient, and safe living environment for their children, even if it means accepting a slightly longer commute to the city center.

Overall Comparison of Areas: Which Is the "Top" Choice for You?

To give you a more comprehensive overview, here is a small comparison between the areas:

District 1: Most luxurious, most convenient, most expensive. Suitable for super busy people who love a sleepless life, with high spending capacity.

Thao Dien (Thu Duc City): Green, peaceful, international community. Suitable for families with young children, expats, people who prefer tranquility but still with convenience.

Thu Thiem (Thu Duc City): Modern, futuristic, river views. Suitable for investors, young professionals, people who prefer luxury and pioneering spirit.

Binh Thanh: Convenient connectivity, diverse choices. Suitable for people working in various areas, young families, wanting more reasonable prices than the city center.

District 4: Near city center, potential, "softer" prices than District 1. Suitable for young people, couples, rental investment.

Phu My Hung (District 7): Model urban area, green, civilized community. Suitable for families with young children, people who prefer spacious environments and full amenities.

Average Rental Price Reference (2-Bedroom apartment, 70-90m2, basic furnished, updated early 2024):

District 1 (Grand Marina, The Marq): 2,500 – 10,000 USD/month

Thu Thiem (The River, Metropole): 1,000 – 5,500 USD/month

Thao Dien (Masteri, Lumiere, Estella):800 – 4,000 USD/month

Binh Thanh (Vinhomes Central Park, Sunwah Pearl): 800 – 5,000 USD/month

District 4 (Millennium, Goldview): 800 – 4,500 USD/month

Phu My Hung (Midtown, Scenic Valley): 600 – 4,000 USD/month

Frequently Asked Questions When Choosing a Luxury Apartment (FAQ) and My Advice

1. Should I buy or rent a luxury apartment in Ho Chi Minh City? (How to)

1. If buying: Suitable if you have stable finances, want to invest long-term, and intend to settle down. The luxury apartment market in HCMC has good appreciation potential, especially in developing areas like Thu Thiem. However, you need to prepare a significant amount of money and carefully consider legal factors and the developer.

2. If renting: Ideal for foreigners (expats), professionals coming to HCMC for short or medium-term work, or those who want to experience different areas before making a purchase decision. Renting offers more flexibility, without worrying about maintenance, repairs, or market fluctuations.

3. My advice: If you are a foreigner or new to HCMC, start by renting. After some time, once you are familiar with life and better understand your needs, you can consider buying.

2. How to find a satisfactory apartment at a good price? (How to)

1. Clearly define your needs and budget: This is the most important step. How many bedrooms do you need? Do you need to be near a school? Which amenities are top priority? What is your buying/renting budget?

2. Thoroughly research the market: Read articles, market reports, compare prices of projects in the same area.

3. Find a professional companion: This is where you need experts like us. An experienced consulting unit will help you:

1. Save search time with a list of real apartments – real prices – updated daily.

2. Advise on choosing an apartment according to your needs, budget, location, and lifestyle.

3. Support negotiating the best price.

4. Provide complete and transparent legal information.

3. What legal aspects should be noted when buying/renting an apartment, especially for foreigners?

1. Contract: Always request a bilingual contract (Vietnamese - English, or other languages if needed). Read carefully every clause regarding rental/purchase price, term, renewal conditions, incidental fees, responsibilities of each party, etc.

2. Title deeds: For buying, carefully check the project's legal documents and apartment ownership. For foreigners, apartment ownership has specific regulations regarding quantity and duration.

3. Temporary residence: For foreigners, temporary residence registration is mandatory. A professional support unit will help you complete this procedure quickly.

4. My advice: Never hesitate to ask or seek expert assistance on legal matters. A small error can lead to big problems later.

4. Is the resident community important?

1. Yes, extremely important! A civilized, friendly community will greatly enhance your quality of life.

2. Security: A 24/7 security system, access cards, surveillance cameras are basic standards.

3. Living culture: Some multicultural communities offer interesting experiences, but also require mutual respect.

4. My advice: When viewing an apartment, take time to walk around the common areas, observe the residents, ask more about the management board and community activities. You can sense the "vibe" of that residential area.

Advice from a Market-Savvy "Friend": Let 456 Vietnam Accompany You!

I know that finding a satisfactory luxury apartment in HCMC is not simple, especially for those new to this market or foreigners. That is why I and the 456 Vietnam team are always here to support you.

With over 13 years of experience "rolling around" in the HCMC luxury real estate market, I have witnessed many stories and handled countless cases from simple to complex. From a young Vietnamese couple wanting a 2-Bedroom apartment in Vinhomes Central Park with a moderate budget, to a French CEO wanting to rent a river-view penthouse at The River Thu Thiem, or a Korean family needing to find a rental villa in Phu My Hung with full amenities for young children... Each client is a challenge, and each successful case is a great joy for me.

At 456.com.vn, we are proud to provide comprehensive, professional, and dedicated support services for both tenants and landlords:

Advising on apartment selection based on your needs, budget, location, and lifestyle. We will listen carefully to understand your desires. For example, if you are an expat from Europe, America, and prefer a quiet yet convenient space, we will immediately suggest projects in Thao Dien such as Masteri Thao Dien, Lumiere Thao Dien, Estella Heights, or apartments in District 7 like The Midtown, with full information on area, number of bedrooms, rental/selling price, etc.

Legal support – bilingual contracts (Vietnamese – English, Korean... if needed). I once helped Mr. Kim, a Korean expert, sign an apartment rental contract at New City Thu Thiem with clear, transparent terms in Korean so he felt completely at ease.

Easy viewing appointments – free apartment handover, even outside office hours. I understand your busy schedule, so flexible viewing arrangements are a top priority.

Guidance on temporary residence registration, procedures for foreigners. This is one of the areas foreign clients often worry about most, and we are always ready to assist you every step of the way.

Support contacting the management board, registering resident cards, internet, and utility services. From registering internet for Ms. Mary (USA) at The Vista, to helping Mr. Hiroshi (Japan) register his resident card at Vinhomes Golden River, we always do everything to help you settle in quickly.

Support managing rental apartments for homeowners. If you are a homeowner with an apartment in District 1, 2, 4, 7, Binh Thanh, Thu Duc (Thao Dien, Thu Thiem, Phu My Hung areas), such as Vinhomes Central Park, Vinhomes Golden River, Grand Marina, Sunwah Pearl, Masteri Thao Dien, Lumiere Thao Dien, Estella Heights, The Vista, Thao Dien Green, Thao Dien Pearl, The River Thu Thiem, Metropole Thu Thiem, Sala, The Sun Avenue, New City Thu Thiem, Feliz En Vista, Palm Heights, Millennium, Goldview, Icon 56, Saigon Royal, Sunrise City, Saigon Pearl, The Manor, City Garden, Pearl Plaza..., we will help you find suitable tenants, manage your property, and optimize your profits.

Testimonial from a Valued Client:

"Before, I was very hesitant to find an apartment to rent in Saigon because I was unfamiliar with the roads and legal procedures. But since working with 456 Vietnam, everything has become easier than ever. They not only found me a satisfactory 3-Bedroom apartment in Masteri Thao Dien with a beautiful river view in mid-2023, but also enthusiastically supported me with temporary residence registration and guided me through the building's amenities. Especially, the team is very professional and quickly responded to all my requests throughout the rental period. I am truly very satisfied and will definitely recommend 456 Vietnam to my friends and colleagues." - Mr. Thomas Muller, German Engineer, apartment tenant at Masteri Thao Dien.

 Start Your Journey to Find Your Home!

Ho Chi Minh City is a promising city with countless luxury apartment options. Whether you prefer the vibrancy of the city center, the tranquility of Thao Dien, the modernity of Thu Thiem, the convenience of Binh Thanh, or the prestige of Phu My Hung, you will surely find a place that suits you.

I hope that the sincere sharing, personal opinions, and updated information in this article have helped you gain a clearer understanding of the "Ho Chi Minh City Luxury Apartment Map." Remember, the final decision is still yours, based on your own priorities and feelings.

Need more information or expert advice?

456 Vietnam – Your Trusted Real Estate Partner for Luxury Apartments in HCMC | Rent & Buy with Confidence

📲 Hotline/Zalo/WhatsApp: +84 09.3883.9977

📩 Email: info@456.com.vn

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