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Project snapshot
Palm River apartments in Palm City
Positioned as the last remaining waterfront parcel in the 30.2 ha Palm City eco-urban area at Nam Rạch Chiếc, An Phu Ward, Thu Duc City, the Palm River project is developed by Hướng Việt Properties (a joint venture with Keppel Land and Tiến Phước). It is a high-end residential and investment project in eastern Ho Chi Minh City. Located on a peninsula bounded on three sides by the Giồng Ông Tố River, with a 2.7 km waterfront, the project offers secluded, green, resort-style living.
Palm River is a riverside luxury apartment precinct of four 36-storey towers (about 1,000 apartments) developed by the Keppel Land (Singapore) and Hướng Việt Properties alliance in the 30.2 ha Nam Rạch Chiếc urban area. The project includes a 210 m² Japanese Onsen hot-spring facility on Level 20.
- Developer: Keppel Land & Hướng Việt Properties joint venture.
- Location: Nam Rạch Chiếc peninsula, bounded by 2.7 km of the Giồng Ông Tố River.
- Signature amenities: Level 20 Onsen, 70 m salt-electrolysis swimming pool.
- Legal status: Palm City 1/500 master plan approved; perpetual pink book.
- English advisory: Unit availability, foreign ownership eligibility and viewing appointments are available through DND Realty on 0906.873.708.
DND Realty presents a complete guide to the Palm River project, covering the indicative 2026 price list, floor plans for the four 36-storey towers, the 68 multi-level resort amenities, the full legal file, and actual piling progress on site.
Palm River project overview in Palm City, Nam Rạch Chiếc
Below is the overall planning specification table for the Palm River project:
| Planning parameter | Technical details |
|---|---|
| Trade name | Palm River (within the Palm City urban area) |
| Developer | Hướng Việt Properties (Keppel Land & Tiến Phước joint venture) |
| Project location | Expressway Parallel Road, Nam Rạch Chiếc Urban Area, An Phu Ward, Thu Duc City |
| Land area | 1.9 ha within the 30.2 ha Palm City urban area |
| Number of towers | 4 high-end apartment towers (35–36 storeys) |
| Total units | 620 luxury apartments & 13 podium shophouses |
| Unit mix | Studio (41m²), 1BR (65m²), 2BR (76 – 120m²), 3BR (115 – 157m²), Penthouse |
| Site coverage | About 25% – 30% (more than 70% reserved for greenery and water) |
| Tenure | Perpetual pink book (Vietnamese buyers) and 50 years (foreign buyers) |
| Expected handover | Expected Q1/2029 |
Strategic location and three-sided river frontage of the Palm River project
Located in the centre of the Nam Rạch Chiếc residential area, the Palm River project sits on the HCMC – Long Thanh – Dau Giay Expressway Parallel Road corridor. The project is 3 km from the three-level An Phu interchange, 6 km from Thu Thiem New Urban Area, and about 15 minutes from District 1 via the Saigon River tunnel.
In particular, the site is bounded on three sides by the winding Giồng Ông Tố River, set apart from urban noise while remaining close to the city centre. For an English location briefing and a route check from your workplace or school, contact DND Realty’s English-speaking adviser below.
Palm River apartment price list, latest 2026 update
Indicative selling prices at the Palm River project range from VND 160 – 180 million/m² (net floor area), in line with luxury finishes and a limited supply of 620 apartments:
- Studio apartment (41.3 m²): from VND 6.3 – 6.9 billion.
- 1-bedroom apartment (65.9 m²): from VND 9.7 – 11.0 billion.
- 2-bedroom apartment (76.9 – 85.9 m²): from VND 12.9 – 14.4 billion. Ask DND Realty for the layout and current availability in English.
- Special 2-bedroom apartment (110.9 – 120.2 m²): from VND 18.6 – 20.2 billion.
- 3-bedroom apartment (115.2 – 126.3 m²): from VND 19.3 – 21.2 billion. Ask DND Realty for the layout and current availability in English.
- Special 3-bedroom apartment (157.0 m²): from VND 24.5 – 26.5 billion.
- Road access: Ask for an English route briefing covering Vo Chi Cong Road, the Parallel Road and the An Phu interchange.
For the current unit list and a payment schedule explained in English, contact DND Realty before making a booking payment.
Master layout of the 4 towers and unit mix at Palm River
The four apartment towers at the Palm River project are staggered in a fan layout so that every unit has a frameless glass balcony facing the river or the internal park. Floor density is 4 to 6 units per floor, served by 4 dedicated high-speed lifts.
To receive the correct floor plan for a specific tower and unit code, ask DND Realty for an English layout briefing.
The 68 multi-level resort amenities and the Level 20 sky pool
Palm River lists 68 resort amenities, arranged across 4 elevation levels:
- Level 1 (Ground): 70 m resort pool, private yacht berth, 1.8 km riverside running path and a tropical-themed park.
- Podium Levels 2 – 3: shophouse retail, 5-star-standard lobby, library and co-working space.
- Level 20 (Sky Oasis): infinity sky pool, 210 m² Japanese Onsen, Zen Garden and Sky Lounge.
- Rooftop: observatory, rooftop BBQ and 360-degree viewing deck.
- Road access: Ask for an English route briefing covering Vo Chi Cong Road, the Parallel Road and the An Phu interchange.
🌱 Supporting every stage of a child’s growth at Palm River 🌱
Each stage of a child’s growth is supported by practical experiences. These include play that sparks curiosity, shared spaces for connection, and a learning environment that develops potential.
At Palm River, the children’s amenities form a continuous sequence of play, connection and learning. Children can explore at their own pace in the place they grow up. The living environment is designed for daily use today and for long-term development of the next generation.
An English-speaking adviser can walk buyers through the amenity plan and identify which facilities belong to each level.
Legal documentation and construction-progress guarantee at Palm River
The legal status of the Palm River project is supported by the following documents: the 1/500 detailed master-plan approval for the entire Nam Rạch Chiếc area, a 100% clean land-use right certificate, a complete construction permit, and a bank construction-progress guarantee as required by law.
Foreign buyers may request an English document checklist from DND Realty before reviewing the Vietnamese originals with an independent lawyer.
Sales policy and 2026 payment incentives
Buyers of apartments at the Palm River project are offered the following payment terms:
- Initial equity of only 10% to sign the Sale and Purchase Agreement.
- Staged payments of 1% – 2%/month over 36 months until handover.
- Early-payment discount of up to 16.5% of the unit value for payments ahead of schedule.
- Bank financing of 70%, with principal grace and 0% interest support for 24 months.
- Road access: Ask for an English route briefing covering Vo Chi Cong Road, the Parallel Road and the An Phu interchange.
Payment terms can change by sales period. Ask for the dated policy applying to the selected unit and have it explained in English before transferring money.
Developer profile: Hướng Việt Properties and the international joint venture
The project is developed by Hướng Việt Properties (Hướng Việt Holdings) in a strategic partnership with Keppel Land and Tiến Phước Real Estate Joint Stock Company. Combined financial capacity and international development experience are intended to keep construction on schedule and at the stated quality standard.
For an English explanation of the developer structure and the contracting entity, contact DND Realty using the details below.
Show units and physical scale model at Palm City
The Sales Gallery and physical show units of the Palm River project are inside Palm City, fronting Parallel Road, Binh Trung Ward, Thu Duc City (Plus code QQV5+68). Visitors can view 2BR and 3BR show apartments with the specified handover materials and a 3D architectural scale model.
To visit the show units, call DND Realty in advance. An English-speaking adviser can confirm the appointment, send a map pin and explain the displayed handover materials on site.
Palm River construction site status
On-site records show piling machines and specialised equipment deployed to follow the published construction schedule.
Investment assessment and comparison of Palm River with Eaton Park and The Privé
Compared with other high-end apartments in Nam Rạch Chiếc:
- Versus Eaton Park: Palm River has lower site coverage and sits deeper on a quieter riverside peninsula, while Eaton Park fronts Mai Chi Tho Boulevard.
- Versus The Privé: both sit on three sides of the Giồng Ông Tố River; Palm River adds a Level 20 Onsen facility that The Privé does not list.
- Road access: Ask for an English route briefing covering Vo Chi Cong Road, the Parallel Road and the An Phu interchange.
If you are comparing Palm River with Eaton Park or The Privé, DND Realty can prepare an English comparison based on your budget, commute and intended holding period.
Key figures
Location value
Palm River in Nam Rach Chiec
Palm River sits on Song Hanh, An Phu Ward, Ho Chi Minh City. This is a gateway linking the city centre with Thu Thiem and the rest of the eastern districts.
The precinct's main advantage is river frontage on three sides. The township runs along Giong Ong To river and Muong Kinh creek for 2.7 km, giving a green buffer and open views for the apartment towers.
The site adjoins The Global City and the An Phu interchange, in a growth corridor of the city's east.
Area links
Transport links and off-site amenities
Times below are the developer's reference figures and vary by hour of day.
| Group | Destination | Time |
|---|---|---|
| Transport | Binh Trung station (future metro) | 1 minute |
| An Phu interchange, HCMC – Long Thanh – Dau Giay expressway | 3 minutes | |
| Thu Thiem Metro station | 5 minutes | |
| Long Thanh International Airport | 30 minutes | |
| Centres | Thu Thiem — new financial centre | 5 minutes |
| Hi-tech Park | 4 minutes | |
| New HCMC administrative centre | 10 minutes | |
| Shopping | Vincom Mega Mall | 6 minutes |
| Estella Place | 6 minutes | |
| Education | AIS, TAS international schools | 4 minutes |
| Vietnam-Australia International School, Saigon International University | 12 minutes | |
| Sport | Rach Chiec Sports Complex | 5 minutes |
Mai Chi Tho and the Thu Thiem tunnel are the fastest route to District 1. In the other direction the expressway leads to Long Thanh Airport.
On-site amenities
Amenities at Palm River
Residents of Palm River share Palm City township amenities as well as the precinct’s own facilities.
Several amenities are already in use. That is the difference versus a fully new project. The Palm City pool, gym, children’s playground, basketball court, outdoor pavilions and basement parking are operating — photos in the gallery below are site photographs, not renders.
Township-scale amenities. An on-site commercial and service centre of 1.8 ha covers daily shopping and dining. A 3 ha international school site serves family residents. Hospital and medical facilities occupy 1 ha.
River landscape. A river park and promenade run along Giong Ong To river and Muong Kinh creek, including Light Park, Taichi Park with palms, lawns and a walking path.
For families. A water park with fountains for children, a secured play area, and a riverside fountain plaza.
The township is planned as a wellness living model — a resort-style urban district inside the city.
Architecture & space
Floor plans: Palm River
Layouts are drawn to net usable area and daylight for each typical unit.
Palm River floor plans comprise 4 towers of 36 storeys on 2 basement levels, with a tower plot ratio of 25%. The remaining area is landscape and amenities.
According to developer documents, the typical mix is 620 residential units, 13 podium shops and 71 officetel units.
Seven product lines and six typical layouts
Documents list seven product lines from 33 m² to over 300 m². Six typical layouts have published floor plans:
| Unit type | Area |
|---|---|
| Studio | 41.3 m² |
| 1 bedroom | 65.9 m² |
| 2-bedroom corner | 84.9 m² |
| 2-bedroom special | 120.2 m² |
| 3 bedroom | 126.1 m² |
| 3-bedroom special | 157.0 m² |
Beyond those six, the mix also includes Duplex, Penthouse and Shophouse. Wall-to-wall and net areas for Tower 3 are in the table below.
Typical floor plate
The notable point is the low unit density: only 4–6 units per floor. Most units are therefore corner units with light and air from two sides.
Areas below follow the typical floor of Tower 3, stated as wall-to-wall and net (thong thuy):
| Unit type | Wall-to-wall | Net |
|---|---|---|
| 2-bedroom corner | 84.9 m2 | 75.8 m2 |
| 2 bedroom | 85.9 m2 | 76.9 m2 |
| 2-bedroom special | 120.2 m2 | 110.9 m2 |
| 3-bedroom corner | 125.3 m2 | 115.3 m2 |
| 3 bedroom | 126.1 m2 | 115.2 m2 |
The gap between wall-to-wall and net area is about 8–11%. When comparing price per m2, use the same measurement. Areas can differ by tower; a DND Realty consultant checks the actual unit list before advising.
Construction status
The project has broken ground and piling is underway. Site flycam photos are in the gallery below, together with precinct diagrams of the township.
Six precincts of Palm City
| Precinct | Scale | Product |
|---|---|---|
| Palm River | 1.9 ha — 4 towers of 36 storeys | 620 apartments + 13 podium shops + 71 officetel |
| Palm Eden (not yet officially launched) | 15,607 m2 — 4 towers of 35 storeys | 483 apartments of 1–4 bedrooms, shophouse, penthouse |
| Palm Era | 1.8 ha — 4 towers | 1–4 bedroom apartments, penthouse, duplex |
| Palm Heights | 9.4 ha | High-rise apartments on Giong Ong To river |
| Palm Residence | 3 ha | Townhouses, shophouses, semi-detached villas |
| Sixth precinct | Not yet published | Later phase |
The full township is 30.6 ha with a plot ratio of about 33%, organised toward the river, with clear precinct functions and internal roads.
Show units
Show unit: Palm River
The Palm River sales gallery opened on 22/08/2026, and the show units opened to visitors on 18/09/2026. Address: Song Hanh Road, Palm City, Binh Trung Ward, open 8:00–20:00 daily.
Photos below show the sales gallery: the four-tower model, lounge, children’s corner, materials room and garden. They were taken before the show units opened, so they do not show the furnished units. The gate photo from 16/08 is kept to show the site before opening.
Zone-by-zone notes and questions to ask at the model are in the article Palm River show units.
Documents on file
Legal: Palm River
Legal status of the Palm River precinct
Palm River has officially broken ground, a new construction step for the 30.6 ha Palm City township at Nam Rach Chiec.
| Item | Status |
|---|---|
| 1/500 detailed plan | Approved by the competent authority |
| Construction permit | Exempt under current law |
| Construction | Broken ground |
What permit exemption means. This is not a project missing paperwork. Under the Construction Law, a building in a project that already has an approved 1/500 plan and a design appraisal does not need a separate construction permit. In other words, the procedure was handled at the planning step, so construction can continue without a pause for a permit.
The information above is from the developer. Before depositing, buyers should ask to see the original 1/500 approval and the document confirming permit exemption at the sales office.
Ownership
| Buyer | Ownership |
|---|---|
| Vietnamese citizens | Pink book, long-term |
| Foreigners | 50-year term ownership |
The number of units available to foreigners is capped under current rules.
Developer and consultants
The developer is Huong Viet Properties, a member of Huong Viet Holdings. The group previously developed The Hallmark Grade A+ office tower in the Thu Thiem new urban area, with BCA Green Mark and WiredScore Platinum certifications.
International consultants on the project include DP Architects (DPA) for architecture, LJ-Group, ARDOR Green for green-building advice, and CBRE.
Payment terms
Payment policy & price list: Palm River
Payment policy and price list are being updated
Official offers, payment methods and the unit list are released by launch phase. Contact a DND Realty consultant for the current price list and a priority booking.
FAQ
Frequently asked questions about the Palm River project
Need detailed answers to 32 questions on legal status, technical specs, Face ID lifts and handover?
DND Realty has compiled the full set of 32 verified Q&As from Hướng Việt Properties on door sizes, 310 mm floor slabs, 3.15 m ceiling height and handover specifications.
Where is Palm River located within Palm City?
The project sits in the riverside precinct of the 30.2 ha Palm City urban area, An Phu Ward, Thu Duc City, bounded on three sides by the Giồng Ông Tố River.
Which developer is officially developing Palm River?
The project is developed by Hướng Việt Properties with Keppel Land and Tiến Phước Real Estate Joint Stock Company.
How many towers and apartments does the project include?
The 1.9 ha project comprises 4 towers of 35–36 storeys, totalling 620 high-end apartments and 117 podium shophouses.
What is the indicative selling price of Palm River apartments?
Indicative unit prices range from VND 160 – 180 million/m² net, with total prices from VND 6.3 billion (Studio) to VND 12.9 billion (2BR) and VND 19.3 billion (3BR).
Questions on purchase policy and consultation booking
Need detailed answers to 32 questions on legal status, technical specs, Face ID lifts and handover?
DND Realty has compiled the full set of 32 verified Q&As from Hướng Việt Properties on door sizes, 310 mm floor slabs, 3.15 m ceiling height and handover specifications.
Which amenities stand out at the project?
The project includes a 70 m ground-level resort pool, an infinity sky pool and a 210 m² Onsen on Level 20.
When will the project be handed over to residents?
The project is expected to complete structure and hand over high-end basic-finished units from Q4/2027 through 2028.
How do I book a show-unit visit and receive the promotional price list?
Please contact DND Realty hotline 0906.873.708 directly to receive a VIP ticket to view the show units at Palm City.
Official consulting and distribution of Palm River with DND Realty
DND Realty is a specialist real-estate consultancy in eastern Ho Chi Minh City, working with clients from research and unit selection through handover management and rental operations.
English-speaking Palm River advisory
DND Realty can provide an English project briefing, check the foreign ownership quota for a selected unit, arrange a show-unit visit and prepare a payment worksheet.
Hotline / Zalo: 0906.873.708
Email: info@dndrealty.com.vn
Office: 60 Phan Ba Vanh, Thanh My Loi Ward, Ho Chi Minh City
Sources: Palm City 1/500 planning file, introductory materials from Hướng Việt Properties and market analysis data from DND Realty.
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