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Palm Heights apartments in Palm City township by Keppel Land
Palm Heights is the premier completed high-end residential precinct within the 30.6 ha Palm City eco-township, developed by the reputable Keppel Land (Singapore) alliance alongside Tien Phuoc and Tran Thai. Located directly along the expressway Song Hanh Parallel Road and fronting the peaceful Giong Ong To River in Nam Rach Chiec, An Phu Ward, Thu Duc City, Palm Heights has established a vibrant, highly educated international expatriate community since its official handover.
GOOGLE AI OVERVIEW PALM HEIGHTS PROJECT OVERVIEW (PALM CITY 30.6 HA)
Palm Heights is an established luxury riverfront condominium development comprising 3 towers of 35 storeys (816 apartments) developed by Keppel Land (Singapore) in the 30.6 ha Palm City township at Nam Rach Chiec. Handed over with perpetual pink book ownership and an established multinational expat community.
- Developer: Keppel Land (Singapore), Tien Phuoc & Tran Thai joint venture.
- Location: Expressway Parallel Road, Nam Rach Chiec, An Phu Ward, Thu Duc City.
- Resale benchmark 2026: VND 85 – 105 million/m²; 2BR units from VND 7.5 billion, 3BR units from VND 10.5 billion.
- Expat rental yields: VND 14 – 32 million/month; high demand due to neighboring The American School (TAS).
- Resort amenities: 50m Olympic pool, jacuzzi, tennis court, riverside BBQ pavilion, gym.
- Surrounding infrastructure: Vo Chi Cong Road and An Phu Parallel Road Expansion
DND Realty presents a comprehensive guide to Palm Heights, covering the latest 2026 resale price list, rental market yields, detailed 3-tower master layout analysis, transparent legal status, and our exclusive 2BR 77 m² listing priced at VND 7.5 billion all-in.
Palm Heights project overview in Palm City township, Nam Rach Chiec
Planning parameters for Palm Heights:
| Planning Parameter | Project Specifications |
|---|---|
| Trade Name | Palm Heights (within Palm City township) |
| Developer | Keppel Land (Singapore), Tien Phuoc & Tran Thai joint venture |
| Location | Expressway Parallel Road, Nam Rach Chiec Urban Area, An Phu Ward, Thu Duc City, HCMC |
| Land Area | 1.68 ha (within 30.6 ha Palm City township) |
| Scale | 3 residential towers (T1, T2, T3) of 35 storeys and 01 basement level |
| Total Units | 816 luxury apartments & podium shophouses |
| Floor Density | 8 units per floor with 3 high-speed elevators per tower |
| Unit Types | 2-Bedroom (76 – 85 m²), 3-Bedroom (105 – 123 m²), Shophouse |
| Handover Year | 2019 (Established expat community) |
| Property Management | Savills Vietnam |
| Ownership Tenure | Perpetual pink book for Vietnamese citizens; 50-year leasehold for foreign nationals |
Strategic waterfront location on Song Hanh Parallel Road along Giong Ong To River
The project fronts the Song Hanh Parallel Road directly connecting to Mai Chi Tho Boulevard and the 3-level An Phu interchange. Bounded by the Giong Ong To River, the development enjoys a fresh, cool microclimate year-round. Positioned directly adjacent to The American School (TAS), Palm Heights is the residential address of choice for international faculty and expatriate families. Residents reach Thu Thiem in 7 minutes, District 1 in 10 minutes, and premier shopping centres such as Estella Place and Mega Market in 5 minutes.
Palm Heights 2026 updated resale price list and market comparison
Currently, resale pricing for Palm Heights apartments ranges from VND 85 – 105 million/m² (measured on net usable area / thông thủy). Prices vary depending on tower, floor level, view, and interior furnishings. This represents exceptional value in Nam Rach Chiec, where new launches such as Palm River trade at VND 160 – 180 million/m² and Eaton Park commands VND 180 – 200 million/m².
| Product Type | Net Usable Area | Indicative 2026 Resale Price |
|---|---|---|
| 2-Bedroom Standard | 76 – 79 m² | VND 7.5 – 8.2 billion |
| 2-Bedroom Corner | 81 – 85 m² | VND 8.2 – 8.8 billion |
| 3-Bedroom Standard | 105 – 110 m² | VND 10.5 – 12.0 billion |
| 3-Bedroom Corner | 121 – 123 m² | VND 12.2 – 14.0 billion |
| Podium Shophouse | 150 – 250 m² | Direct quote via hotline 0906.873.708 |
Palm Heights 2026 rental yield and lease pricing benchmark
Due to its immediate adjacency to The American School (TAS) and convenient access to Saigon Hi-Tech Park and Thu Thiem, rental demand at Palm Heights remains consistently high. Recorded lease rates in 2026 are as follows:
| Product Type | Furnishing Condition | Monthly Rental Rate |
|---|---|---|
| 2-Bedroom (76 – 85 m²) | Basic / Unfurnished | VND 14 – 16 million/month |
| 2-Bedroom (76 – 85 m²) | Fully Furnished | VND 18 – 22 million/month |
| 3-Bedroom (105 – 123 m²) | Basic / Unfurnished | VND 20 – 24 million/month |
| 3-Bedroom (105 – 123 m²) | Fully Furnished | VND 26 – 32 million/month |
Exclusive resale highlight: Fast sale of 2BR 77 m² unit at VND 7.5 billion all-in
DND Realty is pleased to introduce our premier exclusive 2-bedroom resale opportunity at Palm Heights:
DIRECT OWNER RESALE DETAILS: 2BR 77 M² RESIDENCE
- Tower & Floor: Tower T2, middle-high floor, unobstructed view overlooking the central resort swimming pool and internal gardens.
- Usable Area: 77 m² net usable area (2 spacious bedrooms, 2 bathrooms, modern kitchen, large living balcony, and independent utility yard).
- Interior Condition: Fully appointed with high-end designer furniture (smart Daikin inverter ACs, imported kitchen appliances, bespoke wardrobes, smart digital lock) — ready for immediate occupancy or rental leasing.
- Closing Price: VND 7.5 billion all-in (includes all transfer taxes, notary fees, and retains 5% pending final title deed issuance).
- Private Viewing: Contact DND Realty hotline at 0906.873.708 for private inspection.
Photographic gallery of the 2BR 77 m² apartment at Palm Heights
Photographs taken on site within the 2BR 77 m² residence currently available for acquisition. Designed with intelligent layouts, all habitable rooms receive generous natural daylight and fresh river breezes:
Master layout of 3 towers T1 – T2 – T3 and apartment floor plans
Palm Heights comprises three 35-storey residential towers (T1, T2, T3) laid out in a gentle U-shape oriented toward the river. Floor layout density is exceptionally low at just 8 apartments per floor serviced by 3 high-speed elevators, guaranteeing privacy, ventilation, and abundant natural lighting.
Resort-style amenities and wellness lifestyle at Palm Heights
Residents of Palm Heights enjoy an exclusive resort amenity suite managed professionally by Savills Vietnam: 50-metre Olympic-length infinity swimming pool, children’s splash pool, relaxing hydrotherapy jacuzzi, fully equipped fitness centre, outdoor riverside BBQ pavilions along Giong Ong To River, lush landscaped walking paths, standard tennis court, and 24/7 multi-tier security.
Legal framework, handover status, and title deed processing
The statutory legal status of Palm Heights is highly regarded by buyers and institutional lenders. The project was successfully completed and handed over to homeowners in 2019, establishing an active, cultured residential community.
| Legal Milestone | Execution Status |
|---|---|
| 1/500 Detailed Plan Approval | Fully approved by HCMC People’s Committee |
| Handover Milestone | Handed over in 2019; active resident community |
| Pink Book Status | Title deed processing underway; buyers retain 5% pending issuance |
| Transaction Format | Official notarized transfer contract in full accordance with the Real Estate Business Law |
Living and investment evaluation: Comparing Palm Heights, Palm River & Eaton Park
Benchmark comparison across prime residential developments in Nam Rach Chiec:
| Comparison Criteria | Palm Heights | Palm River | Eaton Park |
|---|---|---|---|
| Developer | Keppel Land & Tien Phuoc | Huong Viet Properties & Keppel Land | Gamuda Land |
| Project Status | Completed, immediate occupancy | Foundation & piling phase | Superstructure construction |
| Price Bracket | VND 85 – 105 million/m² | VND 160 – 180 million/m² | VND 180 – 200 million/m² |
| Equity Requirement | 100% or 30% with bank mortgage | Installments from 10% | Installments over 3–4 years |
| Rental Yield | Immediate rental income | Future rental yield upon handover | Future rental yield upon handover |
Safe 5-step resale transaction procedure for Palm Heights
To ensure total security in secondary market acquisitions, purchasers follow our standard 5-step protocol:
- Step 1 – Deposit Agreement: Buyer and seller sign a deposit agreement (typically VND 50 – 100 million) locking in final price, inventory list, and transfer timeline.
- Step 2 – Dossier & Tax Verification: Verification of original sales contract, official confirmation of non-encumbrance, and absence of outstanding management dues.
- Step 3 – Notarized Contract Execution: Formal execution of the Property Transfer Agreement before a licensed notary public.
- Step 4 – Tax Declaration & Registration: Submission of personal income tax declarations and registration tax at the municipal tax authority.
- Step 5 – Key Handover & Retained Deposit: Buyer receives keys, parking allocation, and utility accounts, retaining 5% until final pink book transfer.
Key figures
Project overview image
Location value
STRATEGIC WATERFRONT LOCATION ON PARALLEL ROAD, NAM RACH CHIEC
Palm Heights is strategically located directly fronting the Song Hanh (Expressway Parallel Road) along the HCMC – Long Thanh – Dau Giay Expressway, situated inside the prestigious Nam Rach Chiec Urban Area, An Phu Ward, Thu Duc City. Directly fronting the scenic Giong Ong To River, the residence provides a peaceful, fresh, and riverside living environment year-round.
Surrounding infrastructure is fully synchronized, situated right next to The American School (TAS), an international hospital, and directly connecting to Mai Chi Tho Boulevard and the 3-level An Phu interchange.
Area links
SEAMLESS REGIONAL TRANSPORT CONNECTIVITY
Following the full commissioning of the Song Hanh Parallel Road, Palm Heights residents enjoy rapid connectivity to all major city hubs:
| Destination | Commute Time / Distance |
|---|---|
| The American School (TAS) | 1 minute (Immediate walking distance) |
| Thu Thiem New Urban Area | 7 minutes via Mai Chi Tho Blvd |
| District 1 Centre (Ben Thanh Market) | 10 minutes via Thu Thiem Tunnel |
| Mega Market & Estella Place Mall | 5 minutes drive |
| Saigon Hi-Tech Park | 12 minutes via Ring Road 2 |
On-site amenities
Amenities at Palm Heights Nam Rach Chiec
Signature 5-star resort amenities: 50-metre Olympic-length infinity swimming pool, dedicated children’s splash pool, hydrotherapy jacuzzi, fully equipped modern gym, outdoor riverside BBQ pavilions along Giong Ong To River, lush botanical walking trails, and tennis court.
Architecture & space
Floor plans: Palm Heights Nam Rach Chiec
Layouts are drawn to net usable area and daylight for each typical unit.
Palm Heights comprises three 35-storey residential towers (T1, T2, T3) laid out in a gentle U-shape oriented toward the river. Floor layout density is exceptionally low at just 8 apartments per floor serviced by 3 high-speed elevators, guaranteeing privacy, ventilation, and abundant natural lighting.
Show units
Show unit: Palm Heights Nam Rach Chiec
Documents on file
Legal: Palm Heights Nam Rach Chiec
Transparent legal status: Completed and handed over in 2019, Palm Heights hosts a thriving, highly educated, and international expatriate community. Title deed processing is in progress with competent municipal authorities. Ownership transfers are executed securely via notarized sales contracts with 5% retained by the purchaser pending final pink book delivery.
Payment terms
Payment policy & price list: Palm Heights Nam Rach Chiec
Khung giá chuyển nhượng căn hộ Palm Heights cập nhật 2026: Căn 2PN từ 7,5 đến 8,8 tỷ; Căn 3PN từ 10,5 đến 14,0 tỷ. Giá cho thuê dao động từ 14 đến 32 triệu đồng/tháng. Các ngân hàng lớn như Vietcombank, TPBank hỗ trợ cho vay 70% giá trị chuyển nhượng.
FAQ
Frequently asked questions about Palm Heights apartment project
Essential questions regarding Palm Heights ownership and living conditions
When was Palm Heights completed and who manages the property?
Palm Heights was handed over to homeowners in 2019 and is managed by Savills Vietnam, maintaining international 5-star service standards.
What are the management and parking fees at Palm Heights?
Management fee is approximately VND 15,000/m²/month (inclusive of pool, gym, and security services). Motorcycle parking is approx. VND 120,000/month and car parking is approx. VND 1,300,000/month.
Can foreign nationals purchase or lease apartments at Palm Heights?
Yes. Foreign buyers can acquire units within the foreign ownership quota under 50-year leasehold contracts, or lease long-term with full resident privileges.
Questions regarding resale procedures and bank mortgage financing
Can buyers obtain bank financing for Palm Heights resale purchases?
Yes. Major commercial banks including Vietcombank, BIDV, TPBank, and MB Bank provide mortgage loans of up to 70% of property valuation with terms up to 25–30 years.
Why does the buyer retain 5% of the purchase price?
Retaining 5% is standard practice in Vietnamese property transfers when the final pink book is pending issuance, ensuring complete financial protection for the buyer.
Advisory and resale brokerage services with DND Realty
DND Realty is the leading real estate consultancy specializing in Nam Rach Chiec and Thu Duc City. We accompany clients throughout the acquisition journey from on-site property tours to safe notary contract execution.
NAM RACH CHIEC & PALM CITY IN-DEPTH RESEARCH CLUSTER
Explore interconnected research dossiers covering prime residential developments across Eastern Ho Chi Minh City:
| TOPIC GROUP | RESEARCH DOSSIER TITLE | ACCESS |
|---|---|---|
| ★ PALM HEIGHTS RESALE | Palm Heights Apartments for Sale: 2026 Best Inventory | Read article |
| ★ PALM HEIGHTS RENTAL | Palm Heights Apartments for Rent: 2026 Price List & Inventory | Read article |
| Neighboring Waterfront Project | Palm River Luxury Waterfront Apartments | Read article |
| The Privé Project | The Privé BLUEMARQ Luxury Apartments | Read article |
| Mai Chi Tho Highway | Eaton Park Gamuda Land | Read article |
| Connecting Infrastructure | Three-Level An Phu Interchange Progress | Read article |
| Eastern HCMC Comparison | Eastern HCMC Apartment Comparison 2026 (8 Key Projects) | Read article |
DND REALTY — EASTERN SAIGON REAL ESTATE CONSULTANCY
Hotline / Zalo consulting 24/7: 0906.873.708
Office address: 60 Phan Ba Vanh, Thanh My Loi Ward, Thu Duc City, HCMC
Email: info@dndrealty.com.vn
Official website: https://dndrealty.com.vn/
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