Hưng Phúc Phú Mỹ Hưng apartments are a high-end apartment project developed by Phu My Hung Development Corporation, located on the frontage of the 48m-wide Nguyễn Lương Bằng Boulevard in Nam Viên, one of the quietest and greenest areas of Phú Mỹ Hưng urban area, District 7, Ho Chi Minh City. The project comprises 4 19-storey buildings with 554 apartments on a 9,592m² site, making it the 37th apartment project developed throughout the Phú Mỹ Hưng urban area. In particular, Hưng Phúc has been handed over and has complete pink books, giving buyers peace of mind regarding its legal status from the first day of ownership.
To purchase a Hưng Phúc apartment, buyers need to understand the 2026 resale market price list: two-bedroom apartments (78m²) range from VND 5 billion to VND 7.6 billion, while three-bedroom apartments (97m²) range from VND 6.5 billion to VND 7.8 billion, depending on the floor, aspect and furnishing condition. In addition, rents range from VND 15 to 22 million per month, making the apartments suitable both for owner-occupation and income investment.
Furthermore, the 2026 resale market at Hưng Phúc has recorded many loss-making listings with prices equal to or below the developer’s original prices, creating an ideal opportunity for investors who want to take possession immediately and generate rental income straight away. More importantly, with Phú Mỹ Hưng’s large expatriate community, demand for high-end apartment rentals in the area remains stable throughout the year.
To find out more about the location, amenities, floor plans and detailed selling prices of Hưng Phúc Phú Mỹ Hưng apartments, explore each section below.
Project Overview
WHAT IS HUNG PHUC PHU MY HUNG APARTMENT? AN OVERVIEW OF THE HAPPY RESIDENCE PROJECT
Hung Phuc Apartment is a high-end apartment project in the Happy Residence range, developed by Phu My Hung Development Corporation in the Nam Vien area. It is the 8th project in the greenest area of Phú Mỹ Hưng, comprising 4 19-storey blocks and 554 apartments on a 9,592m² site.
Specifically, Hung Phuc Happy Residence (trade name: Happy Residence) is built on a total gross floor area of 72,384m² (excluding the basement), providing 554 apartments with usable areas of 71 to 93m². In addition to residential space, the project also includes 13 two-storey commercial units (shophouses), ranging from 192 to 273m², suitable for various businesses from F&B to office services.
The table below summarises the key overview specifications of the Hung Phuc Happy Residence project, helping readers quickly understand its scale and main characteristics:
| Specification | Details |
| Developer | Phu My Hung Development Corporation |
| Address | Lot S10-2, Zone A, Phú Mỹ Hưng Urban Area, Tân Phú Ward, District 7, HCMC |
| Scale | 4 blocks, 19 storeys, 554 apartments |
| Site area | 9.592m² |
| Total gross floor area | 72.384m² |
| Apartment area | 71 to 93m² |
| Shophouse | 13 commercial units, 192 to 273m² |
| Legal status | Red books issued, fully handed over |
In particular, the project’s distinctive highlight is the space connecting the 4 buildings on the 2nd floor, forming a 5,000m² “happiness garden” with a 250m-long walking path. This is a rarely seen design in mid-range apartment projects in HCMC, clearly reflecting the connected community-living philosophy pursued by the developer, Phu My Hung.
Project Location
WHERE IS HUNG PHUC APARTMENT LOCATED IN PHÚ MỸ HƯNG?
Hung Phuc Apartment is located directly on the 48m-wide Nguyễn Lương Bằng Boulevard, in the Nam Vien area at Lot S10-2, Zone A, Phú Mỹ Hưng Urban Area, Tân Phú Ward, District 7, HCMC. It is currently one of the most prime locations in southern Saigon.
To understand more clearly why Hung Phuc’s location is highly regarded, both aspects of its connectivity should be considered: the natural landscape on either side and the surrounding amenities and infrastructure.
Which surrounding areas is Hung Phuc connected to?
Hung Phuc Apartment benefits from 4 main connection axes, including its frontage on Nguyễn Lương Bằng Boulevard, the Nam Vien area (3 parks covering 4.5ha), the Mỹ Phú and Chateau villa areas, and the landscaped river behind it, creating rare open views in 2 directions.
Specifically, the 2 most prominent landscape aspects are:
- Front (Nguyễn Lương Bằng frontage): Direct views of the 3 Nam Vien parks, covering a total of 4.5ha, with year-round greenery and the highest tree density across Phú Mỹ Hưng Urban Area.
- Rear (western aspect): Adjacent to the Mỹ Phú villa area and Chateau castle villas, the 9,500m² Mỹ Phú 1, 2 and 3 parks, and offering views of the picturesque landscaped river.
- North-east: Just a few hundred metres from Cảnh Viên Park.
- South-west: Approximately 200m from another urban park of nearly 10,000m².
In addition, being surrounded by high-end villa areas such as Mỹ Phú and Chateau not only ensures attractive views but also creates a civilised living environment with stable security for Hung Phuc residents.
Is Hung Phuc Apartment convenient for travel?
Yes, Hung Phuc Apartment offers excellent transport convenience thanks to its location directly on the 48m-wide Nguyễn Lương Bằng commercial boulevard, with direct connections to Nguyễn Văn Linh and the key transport routes of District 7 and southern Saigon.
Specifically, key transport connections and essential amenities include:
- Crescent Mall (SC VivoCity): Approximately 5 to 7 minutes by car.
- FV Hospital (international): Approximately 1.1km away, just 2 to 3 minutes by car.
- District 1 centre: Approximately 8 to 10km away, 20 to 25 minutes via Nguyễn Văn Linh.
- Tân Sơn Nhất Airport: Approximately 12km away, 25 to 30 minutes’ travel.
- Kênh Tẻ Bridge: Provides quick connections to District 4 and District 1, approximately 10 minutes away.
Furthermore, District 7’s transport infrastructure continues to receive substantial investment under the 2021 to 2030 master plan, with Phú Mỹ Hưng designated as the administrative, commercial and educational centre of the entire district, promising increasingly strong connectivity in the future.
Project Amenities
WHAT ARE THE KEY AMENITIES AT HƯNG PHÚC APARTMENTS?
Amenities at Hưng Phúc apartments include a 5,000m² internal amenities complex with a swimming pool, gym, jacuzzi, children’s playground and BBQ area connecting the 4 buildings on the 2nd floor, together with a diverse range of external amenities, from international schools to shopping centres, all within less than a 5-minute walk.
Below, the detailed analysis divides the amenities into 2 groups: internal amenities (within the project) and external amenities (in the surrounding area).
The table below lists all the internal amenities at Hưng Phúc Happy Residence, categorised by location and function:
| Internal amenities | Position | Features |
| Happiness Garden | 2nd floor, connecting 4 blocks | 5,000m², 250m walking path |
| Adult swimming pool | 2nd floor | High-end standards, airy and cool |
| Children’s swimming pool | 2nd floor | Safe design |
| Jacuzzi | 2nd floor | Relaxation area |
| Gym | 2nd floor | Fully equipped |
| Children’s playground | 2nd floor, outdoors | Directly connected to the children’s swimming pool |
| Khu BBQ | 2nd floor | Stepped semi-open design |
| 24/7 security | Throughout the development | Security cameras and access control |
| Lift | Each block | Premium standard |
| Car park | Basement | Sufficient spaces for residents |
| Shophouse | 1st to 2nd floors | Starbucks, GS25 and other F&B brands |
In particular, the 250m-long “Happy Garden” on the 2nd floor, connecting all 4 buildings, is Hưng Phúc’s most distinctive design feature. It creates the feeling of living in a “mini neighbourhood”, with a full range of community activities right within the building. The landscape designer for this space is Prime Class Landscaping from Malaysia, a firm specialising in premium landscaping for major urban developments across Southeast Asia.
What amenities are around Hưng Phúc apartments?
The surrounding amenities of Hưng Phúc apartments comprise 5 main groups: international education from primary to upper secondary level, shopping and retail, international healthcare, green parks and leisure facilities, all within 1 to 5 minutes’ travelling distance.
Specifically, the surrounding amenities include:
Education (the most outstanding advantage):
- Canadian International School: a few minutes’ walk away.
- Japanese, Korean and Taipei international schools.
- Nam Sai Gon School and Dinh Thien Ly School.
- This is why Hưng Phúc is particularly attractive to families with young children and the expatriate community.
Retail and services:
- SC VivoCity: 5 to 7 minutes by car.
- The Crescent Mall: 5 minutes by car.
- Phú Mỹ Hưng International Commercial and Financial District: within the area.
- Starbucks and GS25 within the building’s retail podium.
Healthcare:
- FV Hospital (international): 1.1km, 2 minutes by car.
- International general practice clinic within Phú Mỹ Hưng urban area.
Green spaces:
- Nam Vien Park: 4.5ha directly opposite.
- My Phu 1, 2 and 3 Parks: 9,500m² behind the development.
- South-western urban park: nearly 10,000m².
Project Floor Plans
WHAT APARTMENT LAYOUTS AND SIZES ARE AVAILABLE AT HUNG PHUC?
Hung Phuc Apartment offers 2 main layout types: 2-bedroom apartments (71 to 78m²) and 3-bedroom apartments (92 to 97m²), meeting a wide range of needs from small families to larger households.
Below is a detailed analysis of each Hung Phuc apartment layout, together with a comparison with the upgraded Hung Phuc Premier version, giving buyers the most comprehensive view when making their choice.
What are the overall site plan and layouts of the different Hung Phuc apartments?
The Hung Phuc Happy Residence apartment layouts are designed according to space-optimisation principles, with clearly defined functional room arrangements, well-ventilated balconies and good access to natural sunlight and breezes in both main apartment types.
Specifically, the layouts for each apartment type are:
2-bedroom apartment (71 to 78m²):
- Spacious living room combined with a dining area and open-plan kitchen.
- 2 bedrooms with sufficient space for a double bed and bedside tables.
- 2 separate bathrooms (master bathroom and guest bathroom).
- Well-ventilated balconies facing east, north-east or south, depending on the block’s position.
- Separate laundry and drying area.
3-bedroom apartments (92 to 97m²):
- Larger living and dining areas, with space for an additional reception area.
- 3 bedrooms (with the flexibility to use 1 room as an office or children’s room).
- 2 fully equipped bathrooms.
- Spacious balconies with open views towards the park or villa area.
The table below compares the specifications of the 2 main apartment types at Hưng Phúc Happy Residence, helping buyers quickly identify the option that best suits their needs and budget:
| Apartment type | Area | Bedrooms | Bathrooms | Key features |
| 2-bedroom apartment | 71 to 78m² | 2 | 2 | Compact, easy to let and highly liquid |
| 3-bedroom apartment | 92 to 97m² | 3 | 2 | Spacious, suitable for larger families |
More importantly, all Hưng Phúc apartments are designed with high-standard concealed electrical systems, fingerprint security, imported kitchen fittings and glass balcony walls that ensure abundant natural light throughout the living space.
How does Hưng Phúc Premier differ from Hưng Phúc Happy Residence in terms of layout?
Hưng Phúc Premier is an upgrade on a smaller scale (192 apartments), with a more premium design, 100% corner apartments with 2 views, and the addition of Penthouse and Shophouse units, while Hưng Phúc Happy Residence is larger (554 apartments), offers a wider range of floor areas and has more competitive secondary-market prices.
Specifically, the table below compares the layout specifications of the 2 Hưng Phúc versions, helping buyers clearly distinguish the differences in scale and property types:
| Criteria | Hưng Phúc Happy Residence | Hưng Phúc Premier |
| Number of apartments | 554 apartments | 192 apartments (96 apartments/block) |
| Number of storeys | 19 floors | 15 floors |
| Number of blocks | 4 block | 2 blocks (A and B) |
| 2-bedroom apartment | 71 to 78m² | 62.51 to 72.33m² (114 apartments) |
| 3-bedroom apartment | 92 to 97m² | 75.97 to 86.22m² (72 apartments) |
| Penthouse | None | 163.17 to 187.77m² (6 apartments) |
| Shophouse | 13 units (2 floors, 192 to 273m²) | 17 units (floors 1 to 2) |
| Key features | Spacious 9,592m² grounds, with a 5,000m² garden | 100% corner apartments with 2 views, glass-walled swimming pool |
However, the 2 versions share the same reputable developer, Phú Mỹ Hưng, the same prime location in the Nam Viên area and the same design philosophy, which prioritises green spaces and connected community facilities.
Price list
WHAT ARE THE 2026 SALES AND LETTING PRICES FOR HƯNG PHÚC PHÚ MỸ HƯNG APARTMENTS?
In 2026, Hưng Phúc apartment sales prices on the secondary market range from VND 5 billion to VND 7.8 billion, depending on the apartment type, floor and furnishing condition; rents range from VND 15 million to VND 25 million per month, generating an estimated rental yield of approximately 4 to 5% per year.
Below is a detailed price table for each apartment type on the secondary market in June 2026, compiled from actual listings by owners and reputable agents in the area.
The table below shows the actual secondary-market sales prices of Hưng Phúc Happy Residence apartments by apartment type, helping buyers compare and use them as a reference before negotiating:
| Apartment type | Area | Sale price (VND billion) | Rental price (VND million/month) |
| 2 bedrooms | 78m² | VND 5.0 billion to VND 7.6 billion | 15 to 17 million |
| 3 bedrooms | 92 to 97m² | 6.5 to 7.8 billion | 20 to 25 million |
| 3 bedrooms (fully furnished) | 97m² | 7.0 to 7.8 billion | 22 to 25 million |
The factors affecting the selling price include:
- High floors: High floors cost 3 to 5% more than low floors thanks to more open views and greater quiet.
- View orientation: Apartments overlooking the park or villas cost 5 to 8% more than those facing the inner courtyard.
- Furnishing condition: High-end fully furnished apartments are usually VND 300 million to 500 million more than unfurnished units.
- Block location: Blocks A and B are more sought after as they contain more apartments with river/villa views.
Is the legal status of Hung Phuc apartments secure? Have pink books been issued?
Yes, Hung Phuc Happy Residence apartments all have full pink books (freehold ownership), with valid sale contracts in line with current legal regulations, and are fully eligible for transfer and bank mortgage support.
Specifically, the key legal points buyers should know are:
- Pink book: Fully issued for each apartment, freehold ownership with no time limit.
- Transfer eligibility: Eligible for notarised transfer under the current Law on Real Estate Business.
- Bank mortgage support: Accepted as collateral by reputable commercial banks. Loans typically cover 70% of the apartment value, with terms of up to 25 to 30 years.
- Information transparency: Developer Phu My Hung Development Corporation is a long-established reputable developer with clear project legal documentation, verifiable at the Ho Chi Minh City Department of Natural Resources and Environment.
More importantly, holding a pink book gives buyers full flexibility in financial transactions: mortgaging, letting or reselling are all straightforward with no legal obstacles.
What are the advantages of buying a Hung Phuc apartment on the secondary market compared with a new project?
Buying a secondary Hung Phuc apartment offers 3 main advantages over a new project: more competitive prices (even equal to or below the original price), immediate handover and rental income, and the ability to inspect the actual quality before placing a deposit.
Specifically, the differences between buying secondary at Hung Phuc and buying a new project in the same segment are:
| Criteria | Buying secondary at Hung Phuc | Buying a new project |
| Price | Can be lower than or equal to the original price | Off-plan price, usually 10 to 20% higher |
| Handover | Immediate | Wait 2 to 3 years for construction |
| Physical inspection | Can view the actual apartment before buying | Show flat only |
| Legal status | Pink book ready, quick transfer | Wait for pink book issuance after handover |
| Rental cash flow | Immediately after handover | Must wait for handover and fitting-out |
| Risk | Low (actual condition can be inspected) | Potential construction timeline risks |
In addition, in 2026 a number of Hung Phuc apartments were listed at cut-loss prices from VND 5 billion for a 78m² 2-bedroom apartment, significantly below the general market level, creating a good opportunity for investors with flexible cash flow who can decide quickly.
IS A HUNG PHUC APARTMENT A BETTER BUY THAN OTHER PROJECTS IN PHU MY HUNG?
Hung Phuc wins on liquidity and reasonable pricing, Hung Phuc Premier stands out for its premium design with 100% corner units, Happy Valley excels for its central location and spacious layouts, and Riverpark Premier stands out for its last riverside position in Phu My Hung.
The table below compares 4 prominent apartment projects in Phu My Hung against the criteria that matter most to buyers, helping to identify the right choice for specific needs:
| Criteria | Hưng Phúc | Hưng Phúc Premier | Happy Valley | Riverpark Premier |
| Segment | High-end | Upper high-end | High-end | Luxury |
| Resale price | VND 5 to 7.8 billion | VND 7 to 10 billion | VND 8 to 15 billion | VND 16 to 18 billion |
| Floor area | 71 to 97m² | 62 to 188m² | 81 to 116m² | 90 to 200m² |
| Key highlights | 5,000m² garden, pink book | 100% corner apartments, glass-walled swimming pool | Next to the river and golf course | Riverside location, penthouses |
| Suitable for | Young families, investors | Expats, high-end investors | Larger families | Affluent buyers |
Who is Hưng Phúc suitable for: owner-occupiers or buy-to-let investors?
Hưng Phúc is suitable for both groups: young families seeking a permanent home close to international schools and investors looking to let to the large expat community in Phú Mỹ Hưng, with an estimated rental yield of around 4 to 5% per year.
The expatriate community (expats) in Phú Mỹ Hưng consistently has stable demand for high-end apartments, particularly projects close to international schools and offering comprehensive amenities such as Hưng Phúc. Two-bedroom apartments commonly let for VND 15 to 17 million per month, while fully furnished three-bedroom apartments can achieve VND 22 to 25 million per month when specifically targeting foreign tenants.
What is the Phú Mỹ Hưng apartment market like in 2026?
In 2026, the Phú Mỹ Hưng apartment market is experiencing a shortage of new development land, with less than 5% of land remaining. Resale prices are rising slightly year on year, while some apartments being sold at a loss from earlier phases are creating opportunities for investors to buy at favourable prices in the short term.
In the long term, the Southern Saigon area will continue to benefit from developing transport infrastructure and the 2021 to 2030 master plan, with Phú Mỹ Hưng as the centre of District 7, offering sustainable price-growth potential for completed projects with pink books, such as Hưng Phúc Happy Residence.
