Casa Luna Phú Mỹ Hưng is an Ultra-Luxury property development created by Phu My Hung Development Corporation, comprising 49 unique Sky Villa residences at plot CN8-2, in the Kenh Dao sub-area, fronting Ton Dat Tien Street, in the heart of the Crescent Lake area, District 7, Ho Chi Minh City. It is Phú Mỹ Hưng’s first and only “villa in the sky” development in this location, where each residence occupies an entire floor and features a private lift and a dedicated reception lobby for each owner.
In terms of property type, Sky Villa Ultra-Luxury represents the pinnacle of Ho Chi Minh City’s property market, with each residence occupying an entire floor and combining uninterrupted panoramic views with imported European interiors. Casa Luna brings this concept to life through 49 residences ranging from 275m² to 507m², designed by the world-renowned architectural studio DWP (Design Worldwide Partnership) in the Modern Classic style, creating an exceptionally limited community of the elite in the heart of this model urban area, established over 30 years ago.
In terms of exclusivity, the figure of 49 residences has been deliberately chosen to create an exceptionally low residential density: just 1–2 residences per floor, with 100% of the residences occupying corner positions and enjoying unobstructed 360-degree views. Plot CN8-2 is one of the very few remaining commercial plots directly adjoining Crescent Lake after more than 33 years of urban development, meaning that once Casa Luna is completed, no other development can be built next to it to replicate the advantages of this location.
The following article examines each aspect of Casa Luna Phú Mỹ Hưng in turn: from the nature of the development and the Sky Villa Ultra-Luxury concept to its internal amenity system and current legal status, giving discerning investors all the information they need before making a decision.
What is Casa Luna Phú Mỹ Hưng?
Casa Luna Phú Mỹ Hưng is the CN8-2 mixed-use residential development in the Ultra-Luxury segment, developed by Phu My Hung Development Corporation, comprising 49 unique Sky Villa residences in the heart of Crescent Lake, District 7, Ho Chi Minh City. Construction began on 06/03/2026, with handover scheduled for July 2028.
More specifically, unlike the conventional understanding of a “residential apartment building”, Casa Luna is not a mass-market tower containing hundreds of properties. Instead, the entire development comprises just 49 residences distributed across a tower with 20 above-ground floors and 2 basement levels, with only 1–2 residences per floor and areas ranging from 275m² to more than 500m². This structure creates one of the lowest residential densities in the history of Phú Mỹ Hưng developments, ensuring an unprecedented level of privacy and security in the area.
Let us examine the 2 factors that define the nature of Casa Luna Phú Mỹ Hưng: its developer and its location.
Who is the developer of Casa Luna Phú Mỹ Hưng?
Phu My Hung Development Corporation is the developer of Casa Luna Phú Mỹ Hưng, a pioneer with more than 33 years of experience in creating Vietnam’s leading model urban area, renowned for its “say what we do and do what we say” commitment to construction timelines and quality.
Established in 1993, Phu My Hung Development Corporation is a joint venture between Tan Thuan Industrial Promotion Company Limited (IPC) and Phu My Hung Asia Holdings. Its headquarters are located on the 23rd floor of Phu My Hung Building, 8 Hoang Van Thai Street, Tan My Ward, Ho Chi Minh City. The company has created an entire, fully integrated urban area in Southern Saigon, with more than 100 coordinated amenities ranging from international schools to hospitals, and from shopping centres to green parks, all meticulously planned to international standards over several decades.
Phú Mỹ Hưng’s development portfolio spans multiple segments and generations of properties, including established brands such as The Regency, The Sculptura, Triton Crown, The Horizon, The Aurora, The Ascentia, Midtown and a wide range of low-rise villa developments. Its consistent presence for more than 3 decades has made Phú Mỹ Hưng the most trusted brand among affluent buyers in Ho Chi Minh City’s high-end property segment. Casa Luna is the newest and most prestigious addition to this portfolio, positioned above all previous properties in both investment scale and absolute exclusivity.
Where is Casa Luna located within Phú Mỹ Hưng urban area?
Casa Luna is located at plot CN8-2, in the Kenh Dao sub-area, fronting Ton Dat Tien Street, Area A (Crescent Lake, Crescent), Tan Phong Ward, District 7, Ho Chi Minh City, regarded as the last “diamond location” remaining in the heart of Phú Mỹ Hưng’s model urban area.
In addition to its administrative address, Casa Luna’s location is defined by 4 strategic roads surrounding the site: Ton Dat Tien Street to the north-west, the urban area’s most prominent arterial route; N-Nam Street to the south-west; Do Doc Tuyet Street to the north-east; and My Giang I internal road to the south-east. This 4-frontage advantage ensures that 100% of the Sky Villas are corner residences with unobstructed 360-degree panoramic views, both now and in the future.
From Casa Luna, residents are just a few steps from Crescent Lake and the Starlight Bridge; a 3-5 minute journey takes them to Crescent Mall, FV Hospital, and prestigious international schools such as SSIS and Đinh Thiện Lý; District 1 is 10-15 minutes away via Phu My Bridge; and Tan Son Nhat Airport is around 20 minutes away. More importantly, this is a fully established ecosystem of amenities built up over more than 30 years — something no newly expanded area in Ho Chi Minh City could replicate in a short time.
What type of property is a Sky Villa Ultra-Luxury?
A Sky Villa Ultra-Luxury is one of the highest-end property types, in which each residence occupies an entire floor of the building and is designed as an independent villa in the sky, offering expansive living spaces, absolute privacy and uninterrupted panoramic views.
Unlike a conventional apartment or typical duplex, a Sky Villa does not share its floor space with any other residence. Each owner has a private lift, a private reception lobby and seamlessly connected living spaces extending from the living room to the kitchen and from the bedrooms to the sky-garden balcony, without interruption from shared corridors or adjoining neighbours. This design philosophy places privacy first, serving an elite clientele seeking a standard of living entirely distinct from that offered by any conventional apartment type. To better understand how the Sky Villa Ultra-Luxury concept is realised at Casa Luna, let us examine the development’s layout and architectural style.
How are the 49 Sky Villa Casa Luna residences distributed by size and scale?
The 49 Sky Villa Casa Luna residences are distributed across 3 main size groups according to floor level: 275m² per residence on the 3rd floor; 300m² to 400m² per residence on the typical floors from the 4th to the 18th floors; and 2 duplex Penthouses on the 19th–20th floors, measuring up to 507m² each.
More specifically, this distribution creates a range of choices while maintaining Ultra-Luxury standards throughout the development. Across the 15 typical floors from the 4th to the 18th, each floor contains 1–2 residences, ensuring the lowest residential density in the ultra-luxury segment in Southern Saigon. The 2 highest Penthouse floors offer the ultimate experience, with a 507m² duplex residence providing sweeping views over Crescent Lake, Starlight Bridge and the Southern Saigon urban skyline.
Importantly, all Sky Villa residences at Casa Luna feature a Single-floor design, occupying one single level rather than dividing the living space between floors as in a typical duplex. This structure creates continuity throughout the living space, allowing every functional area to be reached easily without climbing internal stairs. In addition, all residences are corner residences with at least 3–4 open sides, ensuring that natural light and breezes from Crescent Lake flow into every living space throughout the day.
What are the architecture and design style of the Casa Luna development?
The architecture of Casa Luna was created by DWP (Design Worldwide Partnership), a leading global architectural studio renowned for numerous iconic Asian projects, in the Modern Classic style, combining elegant French classicism with a contemporary modern architectural language inspired by the romantic beauty of Crescent Lake and the flow of the canal.
Specifically, Casa Luna’s Modern Classic architectural language is expressed through the balanced rhythm of its façades, using simplified classical architectural lines to suit contemporary luxury aesthetics. Full-height glazing (extending from floor to ceiling) is used throughout to maximise views from every corner of each room towards Crescent Lake and the surrounding greenery. High ceilings, spacious balconies and carefully calculated natural ventilation create an airy feeling, as though living in a ground-level villa while enjoying a prized elevated view.
In terms of interiors, each Sky Villa is finished with imported materials from leading European brands, including natural marble flooring, premium imported sanitaryware, internationally standard European kitchens and built-in wardrobes customised to each apartment’s individual design. Every apartment has a unique, non-repeating design, guaranteeing complete exclusivity for each owner among the 49 carefully selected elite families.
What amenities are included within the Casa Luna Phú Mỹ Hưng development?
Casa Luna’s internal amenities at Phú Mỹ Hưng comprise 4 main groups: sports and wellness facilities, outdoor recreational amenities, landscaped green spaces and a smart security system, all comprehensively developed to 5-star resort standards within a vibrant urban setting.
Moreover, what makes Casa Luna’s internal amenities distinctive is that greenery and open spaces account for more than 50% of the development’s total area, following the Wellness Living philosophy applied throughout Phú Mỹ Hưng township. This means that residents not only own a high-end interior space but are also surrounded by a natural green environment on the ground floor and in shared areas, creating a rare “luxury oasis” living experience in the heart of the city.
The table below summarises the 4 main groups of internal amenities at Casa Luna Phú Mỹ Hưng:
| Amenity category | Specific category |
| Sports and wellness | Infinity pool overlooking Crescent Lake, internationally standard gym, spa and premium yoga studio |
| Outdoor recreation | Rooftop Sky Bar, outdoor BBQ area, children’s play area and event space |
| Landscaped green spaces | Tropical garden within the development, landscaped lake, walking paths and a private Sky Garden for each apartment |
| Security and services | 24/7 AI cameras, multilayered security, private key-card-access lifts and 5-star property management |
Summary table of the 4 groups of internal amenities at the Casa Luna development, demonstrating 5-star resort services integrated into an urban setting
In addition to the internal amenities, Casa Luna residents benefit from the entire ecosystem of more than 100 external amenities within Phú Mỹ Hưng township. Within a few minutes’ travel, residents can access Crescent Mall (the largest shopping centre in southern Saigon), FV Hospital (an international hospital accredited by JCI), Tam Anh Phú Mỹ Hưng Hospital (scheduled to open in 2027 with an investment of USD 300 million), Tam Duc Heart Hospital, as well as international schools including SSIS, Dinh Thien Ly, Canadian, Japanese and Korean schools and RMIT University. This is a synergistic advantage that no ultra-luxury development in a newly developing location can match.
Has the construction progress and legal documentation for the Casa Luna development been fully approved?
Yes, Casa Luna’s construction progress and legal documentation at Phú Mỹ Hưng are fully compliant, as demonstrated by 3 clear points: the development officially broke ground as scheduled on 06/03/2026; basement construction is currently progressing on schedule (updated May 2026); and ownership documentation has been confirmed, with a separate pink book for each apartment for Vietnamese buyers.
More specifically, according to the construction plan published by Phú Mỹ Hưng, the development will pass through the following key milestones in chronological order. February 2025: completion of diaphragm walls and mass piling. August 2026: approval of the foundation works by the Ho Chi Minh City Department of Construction. October 2027: approval of the structural works by the Ho Chi Minh City Department of Construction. July 2028: handover of the apartments to their owners. This schedule is consistent with the practice of previous Phú Mỹ Hưng developments, where the developer is known for its commitment to handing over on or ahead of the announced schedule.
In terms of legal ownership, Casa Luna offers 2 ownership forms: long-term ownership (permanent) for Vietnamese citizens and 50-year ownership for foreign nationals in accordance with the current Housing Law. Each Sky Villa will be issued an Individual Certificate of Housing Ownership (pink book) after completion of the handover procedures, ensuring transparent legal status and facilitating future resale transactions.
More importantly, with the first phase of sales expected to open in September 2026 and only 49 limited apartments available, placing a deposit early is crucial to securing priority in apartment selection and receiving the best policies. Phú Mỹ Hưng is currently offering a package with 0% interest and a 24-month grace period on principal repayments, with an initial payment of only 20% of the sale contract value through partner banks Vietcombank, Vietinbank and BIDV.
How does Casa Luna’s Sky Villa differ from ground-level villas and other ultra-luxury developments at Phú Mỹ Hưng?
Casa Luna’s Sky Villa surpasses ground-level villas in terms of panoramic views and elevated privacy; it surpasses conventional Ultra-Luxury developments in terms of residential density and exclusivity; while also holding the highest position in Phú Mỹ Hưng’s portfolio thanks to the irreplaceable CN8-2 plot beside Crescent Lake.
However, to clearly identify the substantive differences, they should be compared by criterion. In terms of privacy and security: ground-level villas have the advantage of private land but are more accessible from outside; Casa Luna’s Sky Villa compensates with multilayered elevated security, separate private lifts and a personalised entrance lobby for each owner. In terms of views and natural light: ground-level villas are constrained by surrounding buildings, whereas a Sky Villa on an upper floor offers an unobstructed 360-degree panoramic view. In terms of property management services: standalone villas require owners to manage maintenance themselves, while Casa Luna residents benefit from a professional 24/7 management team operating to 5-star hotel standards.
Compared with other ultra-luxury developments in Phú Mỹ Hưng’s portfolio, such as The Regency and Triton Crown, Casa Luna differs in one crucial respect: the unrepeatable nature of the CN8-2 plot, which directly adjoins Crescent Lake at the closest proximity that no future development can replicate.
Why is the CN8-2 plot considered the “irreplaceable golden location” of Phú Mỹ Hưng township?
CN8-2 is one of the very few remaining vacant commercial and service plots in the heart of Phú Mỹ Hưng after more than 33 years of urban development. It directly adjoins Crescent Lake and has 4 major road frontages, embodying the feng shui philosophy of the “five auspicious proximities”: first, proximity to commerce (near the shopping centre); second, proximity to water (near the river and lake); third, proximity to major roads; fourth, proximity to gardens (beside green parks); and fifth, proximity to education (adjacent to the education precinct). Once Casa Luna is completed and operational, no adjoining plot will remain available for further construction, meaning residents’ panoramic views will be permanently preserved without the risk of obstruction. This characteristic creates an “absolute competitive barrier”, making Casa Luna an irreplaceable long-term asset.
Vietnamese affluent buyers’ shift from ground-level villas to Sky Villas
In recent years, Vietnam’s affluent class has been shifting from traditional ground-level villas to elevated Sky Villas for 3 core reasons. First, greater privacy: with private lifts and exceptionally low residential density, a Sky Villa provides complete separation that is difficult to achieve in a row-villa community. Second, unlimited panoramic views: something that ground-level villas in densely developed urban areas cannot provide. Third, professional 24/7 property management services relieve owners of concerns about daily maintenance and security. This trend reflects the maturation of Vietnam’s luxury property market towards the “vertical luxury living” model that is already popular in Singapore, Hong Kong and developed Asian cities. Casa Luna is the first and most comprehensive embodiment of this trend in southern Saigon.
If you are interested in Phú Mỹ Hưng developments, please contact Phú Mỹ Hưng Center for accurate advice and the latest updates. Experienced consultant Kim Thùy is always ready to assist you in selecting a development suited to your residential or investment needs, while providing complete information on prices, floor plans, sales policies and legal documentation.
Phumyhungcenter.com is a trusted website that supports customers throughout the process of researching and transacting Phú Mỹ Hưng projects.
