My Phu 1 Villas in Phú Mỹ Hưng is a luxury villa development comprising 54 homes in Nam Vien Ward, Tan Phong Ward, District 7, Ho Chi Minh City, within Phú Mỹ Hưng urban area, master-planned by Skidmore, Owings & Merrill. The development offers two main types: semi-detached and detached villas, featuring elegant European architecture and the lowest building density in the entire Nam Vien area. It is a premier choice for established families, international professionals and overseas Vietnamese seeking a high-class living environment in the heart of the urban area.
In terms of location, My Phu 1 Villas is situated on Nguyen Luong Bang Street, with convenient connections to Nguyen Van Linh, Nguyen Huu Tho and Le Van Luong streets. The development directly borders the luxury Chateau compound, adjoins a landscaped river and is surrounded by two parks measuring 10,000m² and 20,000m², creating a rare green living environment in the inner city.
In addition to its prime location, My Phu 1 Villas benefits from a comprehensive system of on-site and nearby amenities, ranging from a standard swimming pool, gym and children’s play area to international schools, The Crescent Mall and Crescent Lake Park. The floor plans vary according to villa type, meeting both end-user and rental investment needs.
In 2026, semi-detached villas are priced from VND 100 billion to VND 140 billion, while detached villas range from VND 120 billion to over VND 160 billion, depending on their location, size and furnishing condition. The article below provides a comprehensive analysis of every aspect of the development to help you make an informed decision.
Project Overview
WHAT ARE MỸ PHÚ 1 PHÚ MỸ HƯNG VILLAS?
Mỹ Phú 1 Phú Mỹ Hưng is a luxury villa area comprising 54 villas developed within the Nam Viên precinct of the Phú Mỹ Hưng urban area in District 7, Ho Chi Minh City, offering quadruple and detached villas in a European style.
More specifically, Mỹ Phú 1 is one of 3 subdivisions in the Mỹ Phú Villa system, together with Mỹ Phú 2 and Mỹ Phú 3. It is located within Phú Mỹ Hưng urban area, planned by the renowned American architecture firm Skidmore, Owings & Merrill. This was the first model urban development in Vietnam, built to international standards with coordinated infrastructure, well-structured planning and an outstanding living environment.
How many types of Mỹ Phú 1 villas are there?
Mỹ Phú 1 villas comprise 2 main types: quadruplex villas and detached villas, distinguished by land area, number of storeys and garden layout.
The typical quadruplex villas at Mỹ Phú 1 measure 16x16m (approximately 256m² in total), and are designed with 1 ground floor and 2 upper floors, containing 4 to 5 bedrooms. The architectural style is modern European, with high-end interiors; many homes feature lifts and internal gardens. This is the more common type in the development, suitable for families of 4 to 6 members who wish to live in a close-knit community.
The detached villas at Mỹ Phú 1 are considerably larger, typically measuring from 20x16m to 22.75x16m (total area from 275m² to more than 350m²), with either 1 ground floor and 1 upper floor or 1 ground floor and 2 upper floors, depending on the villa. This type stands out for its spacious surrounding gardens, complete privacy and open views towards parks or landscaped rivers. Detached corner villas with 2 frontages are considered the rarest and most valuable properties in the development.
| Criteria | Quadruplex Villa | Detached Villa |
| Typical dimensions | 16x16m (~256m²) | 20x16m to 22.75x16m (275m² or more) |
| Structure | 1 ground floor and 2 upper floors | 1 ground floor and 1 or 2 upper floors |
| Number of bedrooms | 4 to 5 rooms | 4 to 6 rooms |
| Garden | Internal, at the front | Surrounding the villa, large area |
| Suitable for | Families, close-knit communities | Private living, high-end investment |
The table above compares the 2 main villa types at My Phu 1 according to area, structure and suitability, helping buyers identify the property that best meets their needs.
How Is Mỹ Phú 1 Different from Mỹ Phú 2 and Mỹ Phú 3 Villas?
Mỹ Phú 1 offers advantages in land area and privacy, Mỹ Phú 2 is stronger in terms of its central location and commercial connections, while Mỹ Phú 3 provides greater architectural variety and more flexible pricing.
Specifically, Mỹ Phú 1 is considered the lowest-density precinct of the 3, prioritising green space and residents’ privacy. Its direct proximity to the landscaped river and adjoining Chateau compound is an exclusive positioning feature not found at Mỹ Phú 2 or Mỹ Phú 3. This is why homes at Mỹ Phú 1, particularly 2-frontage corner villas, consistently command the highest prices and enjoy the strongest liquidity across the 3 precincts.
Project Amenities
WHAT AMENITIES DOES MY PHU 1 VILLAS OFFER?
My Phu 1 Villas offers 2 main groups of amenities: a self-contained on-site amenity system and nearby amenities provided by the Phú Mỹ Hưng ecosystem, together creating a comprehensive resort-style living standard in the heart of the urban area.
The on-site amenities at My Phu 1 have been carefully developed and are professionally managed. 24/7 security, with a professional security team and a site-wide camera surveillance system, ensures a completely safe living environment suitable for families with young children and older people. A premium-standard swimming pool, modern gym, safe children’s play area and on-site convenience store are essential facilities serving residents’ daily needs without requiring them to leave the development.
In addition, the Phú Mỹ Hưng ecosystem provides My Phu 1 residents with a completely different level of amenities from those found in conventional villa developments. The Crescent Mall, the romantic Starlight Bridge, the expansive Crescent Lake Park, numerous restaurants and cafés, premium supermarkets and entertainment venues are all within a 5- to 10-minute journey from My Phu 1.
WHAT IS THE GREEN SPACE LIKE AT MY PHU 1 VILLAS?
My Phu 1 Villas has the highest level of greenery in the Nam Vien area, with two adjacent parks measuring 10,000m² and 20,000m², complemented by a 9,500m² on-site park and the landscaped Hung Long River frontage directly adjoining the villa development.
This distinguishes My Phu 1 from most other villa developments in inner Ho Chi Minh City. While villas in the inner districts often lack green space and are affected by noise and air pollution, My Phu 1 residents enjoy a clean ecological environment, with cool air from the landscaped river, extensive tree cover and low building density. This creates a living standard comparable to that of a premium resort in the heart of a bustling urban centre.
Project Floor Plans
HOW ARE THE MỸ PHÚ 1 VILLA FLOOR PLANS DESIGNED?
Mỹ Phú 1 villa floor plans are designed in a classic European architectural style combined with modern elements. The typical layout includes a large garden, a double-height living room, an open-plan kitchen, 4 to 5 bedrooms, a worship room and, in some high-end villas, a lift.
The interiors of Mỹ Phú 1 villas largely use materials imported from Italy and France, including natural timber flooring or high-end marble, built-in kitchen cabinetry, European-brand sanitary fittings and a central air-conditioning system. The spacious living rooms receive good natural light and often look directly onto the garden or internal green spaces. This layout is optimised both for family living and sophisticated entertaining.
How Do the Floor Plans of Quadruplex and Detached Mỹ Phú 1 Villas Differ?
Quadruplex villas offer stronger community connectivity and lower ownership costs, while detached villas provide greater privacy and a larger effective usable area.
| Criteria | Quadruplex Villa | Detached Villa |
| Land area | ~256m² (16x16m) | 275m² to more than 350m² |
| Number of storeys | 1 ground floor and 2 upper floors | 1 ground floor and 1 or 2 upper floors |
| Bedrooms | 4 to 5 rooms | 4 to 6 rooms |
| Garden | At the front, shared side walls | Surrounding 3 to 4 sides |
| Shared walls | Shared walls on 2 sides | Completely independent |
| Lift | Some villas | Usually included (upper-floor villas) |
| Level of privacy | Moderate to good | Very high |
The table above provides a detailed comparison of the layouts and structures of the 2 main villa types at My Phu 1, helping buyers choose the right property for their own housing needs or investment objectives.
More specifically, quadruplex villas are suitable for families who prioritise a close-knit community and wish to own a villa within a more reasonable budget. Detached villas, particularly 2-frontage corner villas adjoining the river or parks, are chosen by owners who value complete privacy and are prepared to invest in the highest segment.
Price list
HOW MUCH DO MỸ PHÚ 1 PHÚ MỸ HƯNG VILLAS COST IN 2026?
In 2026, Mỹ Phú 1 villa prices range from VND 100 billion to more than VND 160 billion, depending on the type, location and interior condition. Quadruplex villas range from VND 100 billion to VND 140 billion, while detached villas range from VND 120 billion to above VND 160 billion.
All Mỹ Phú 1 villas currently traded on the secondary market have their own pink book and long-term ownership. This is an important factor ensuring absolute legal safety for buyers. The Mỹ Phú 1 villa market records high liquidity compared with the luxury segment as a whole, reflecting the development’s enduring appeal to both owner-occupiers and investors.
| Type | Indicative area | 2026 price range | Legal status |
| Standard quadruplex | 256m² to 270m² | VND 100 billion to VND 120 billion | Separate pink book |
| Quadruplex corner villa (2 frontages) | 280m² to 300m² | VND 120 billion to VND 140 billion | Separate pink book |
| Standard detached | 275m² to 320m² | VND 120 billion to VND 140 billion | Separate pink book |
| Detached corner villa adjoining the river | 330m² to 360m² | VND 140 billion to above VND 160 billion | Separate pink book |
The table above summarises indicative prices by property classification at Mỹ Phú 1 in 2026, helping buyers establish a budget before contacting owners or a real estate sales centre.
How Much Is the Current Rent for a Mỹ Phú 1 Villa?
Current rents for Mỹ Phú 1 villas range from USD 3,500 to USD 5,500 per month, depending on the area, interior condition and villa location. They mainly serve international professionals, overseas Vietnamese and businesses seeking high-end representative offices combined with residential accommodation.
Demand for villa rentals in the Phú Mỹ Hưng area, particularly in the Mỹ Phú 1 segment, remains stable thanks to the expatriate community working in export-processing zones, multinational corporations based in District 7 and nearby areas. Average rental yields reach approximately 3% to 4% per year; combined with the property’s long-term appreciation potential, this creates a stable investment channel for long-term investors.
Are There Any Legal Requirements for Buying a Mỹ Phú 1 Villa?
Yes. Buying a Mỹ Phú 1 villa requires compliance with certain basic legal conditions under current regulations. The requirements are simplest for Vietnamese citizens, while additional conditions apply to foreign buyers.
For Vietnamese citizens, the transfer procedure for a Mỹ Phú 1 villa is relatively straightforward because all properties have separate pink books and clear legal status. The process includes signing a deposit agreement, notarising the transfer contract, paying personal income tax and registration fees, and then completing the pink-book name-transfer procedure at the District 7 land registration office.
For foreign buyers, the 2014 Housing Law (amended in 2023) permits foreign individuals and organisations to own residential property in Vietnam for a 50-year term, which may be extended, in eligible developments. It is necessary to confirm whether Mỹ Phú 1 is included in the list of developments where foreign buyers are permitted to purchase before proceeding with a transaction through a specialist legal consultancy.
IS A MỸ PHÚ 1 VILLA A BETTER INVESTMENT CHOICE THAN OTHER VILLA AREAS IN PHÚ MỸ HƯNG?
Yes. Mỹ Phú 1 villas are considered an outstanding investment choice thanks to 3 exclusive competitive advantages: a riverside location adjoining the Chateau compound, the lowest building density in the entire Nam Viên area creating scarce secondary-market supply, and a stable international resident profile supporting sustainable rental liquidity.
Why Are Mỹ Phú 1 Villas More Popular with Investors Than Inner-City Villas?
Mỹ Phú 1 outperforms inner-city villas on 3 criteria that determine long-term investment value: integrated green spaces, compound-standard gated security and Phú Mỹ Hưng’s coordinated infrastructure, while inner-city villas face deteriorating infrastructure, a shortage of greenery and dispersed security.
Who Is Best Suited to Buy a Mỹ Phú 1 Villa?
Mỹ Phú 1 villas are suitable for 3 main groups: successful Vietnamese families seeking high-end permanent homes, professionals and overseas Vietnamese seeking an international-standard living environment, and long-term investors looking for value-preserving assets with stable rental income from the expatriate community in District 7.
