The Ascentia Phú Mỹ Hưng is located on Nguyễn Lương Bằng Boulevard, in the Nam Viên precinct, Tân Phú Ward, District 7, Ho Chi Minh City. This is the fourth-generation premium apartment project by developer Phú Mỹ Hưng, featuring an exceptionally rare four-frontage layout between two icons of the urban area: the Chateau villa community and the Midtown complex. With its strategic location and more than 5 hectares of surrounding green space, The Ascentia is not only an ideal place to live but also a sustainable income-generating investment asset.
In terms of amenities, The Ascentia Phú Mỹ Hưng offers everything from an infinity pool, premium gym, sauna and hydrotherapy Jacuzzi to a wide range of high-end amenities within a 1km radius, including Crescent Mall, FV Hospital, international schools and Sakura Park. This is an advantage that very few apartment projects in Ho Chi Minh City can match.
The project comprises 242 apartments, ranging from 1- to 3-bedroom units to duplexes and penthouses, distributed across 2 15-storey towers, A and B. Its Bauhaus-inspired design creates a clear distinction from other projects in the same segment in South Saigon.
Of particular importance to buyers and investors, The Ascentia Phú Mỹ Hưng’s selling price currently ranges from 5 to 7 billion đồng, equivalent to 101 to 130 million đồng/m², reflecting a premium valuation commensurate with the location and quality of the properties. Below is all the detailed information you need to understand the project before making a decision.
Project Overview
WHAT IS THE ASCENTIA PHÚ MỸ HƯNG DEVELOPMENT?
The Ascentia Phú Mỹ Hưng is a fourth-generation luxury apartment development developed by Phu My Hung Development Corporation, situated on a 4,680m² site directly on Nguyễn Lương Bằng Boulevard in the Nam Viên precinct, Tân Phú Ward, District 7, Ho Chi Minh City. The development was launched for sale in October 2019 and officially handed over from April 2022.
To better understand why The Ascentia is positioned as a distinctive luxury property compared with conventional developments, let us examine the core characteristics that define its identity.
The Ascentia was built according to Bauhaus architectural principles, a school of design originating in Germany that combines artistic aesthetics with practical functionality. The living spaces are designed to balance modern dynamism with a sense of calm and privacy when returning home, making them particularly suitable for a customer base of successful, energetic young businesspeople with refined aesthetic tastes.
In terms of scale, the development comprises 2 15-storey buildings, Block A and Block B, offering 242 apartments ranging from 1- to 3-bedroom units, duplexes, tophouses and penthouses, together with 18 shophouses on the commercial frontage. The 2 buildings have 2 separate lobby entrances, creating an exclusive “boutique” experience rarely found in the apartment segment in Ho Chi Minh City.
The clearest distinction between The Ascentia and developments from the same period is its 4-frontage location in the heart of the Nam Viên “green peninsula”, between the Chateau luxury villa area and the Midtown complex. This is not merely an apartment building, but a property inheriting all the core values of the Phú Mỹ Hưng ecosystem after more than 30 years of development, including complete infrastructure, a civilised residential community and a real-estate brand recognised by the American Institute of Architects (AIA) as meeting international standards.
Project Location
WHERE IS THE ASCENTIA PHÚ MỸ HƯNG LOCATED?
The Ascentia Phú Mỹ Hưng is located at plot S4-3 on Nguyễn Lương Bằng Boulevard, in the Nam Viên precinct, Tân Phú Ward, District 7, Ho Chi Minh City. This location is considered the “commercial and financial backbone” of the entire Phú Mỹ Hưng urban area.
To better understand why property experts rate The Ascentia’s location so highly, let us analyse each specific geographical advantage below.
Which Road Is The Ascentia Phú Mỹ Hưng On?
The Ascentia is situated directly on the 48m-wide Nguyễn Lương Bằng Boulevard, at its intersection with Street 18, in the Nam Viên precinct. This road is known as Phú Mỹ Hưng’s “commercial and financial street”, where numerous multinational corporations such as Unilever and HSBC have their headquarters.
Nguyễn Lương Bằng serves as the “arterial axis” connecting the entire Phú Mỹ Hưng urban area from north to south, running from Nguyễn Văn Linh Road through District 7 to Nhà Bè. This gives The Ascentia residents exceptionally convenient access to all key destinations in the city:
- Direct connection to Nguyễn Văn Linh Road, the gateway to the city centre
- Easy access to the Ho Chi Minh City–Long Thành–Dầu Giây Expressway
- Connected to Huỳnh Tấn Phát Road, linking Nhà Bè with the outlying districts
How Many Frontages Does The Ascentia Phú Mỹ Hưng Have?
The Ascentia Phú Mỹ Hưng has 4 frontages, an exceptionally rare feature among all the apartments in Phú Mỹ Hưng urban area. Its 4-frontage position provides expansive panoramic views, natural light from every direction and optimal ventilation for every apartment.
Specifically, the development is situated between the 2 developments positioned as the most prestigious in the urban area:
- West: The highly prestigious Chateau luxury villa area
- East: The Midtown complex, with Sakura Park and more than 100 commercial shophouses
- Main frontage: Bustling Nguyễn Lương Bằng Boulevard
- Other frontage: Adjacent to Cả Cấm 2 Bridge, overlooking the Nam Viên riverfront
This bridge location makes The Ascentia a focal point connecting Phú Mỹ Hưng’s two iconic areas, while allowing it to benefit fully from the added value offered by both sides.
How Long Does It Take to Travel from The Ascentia to Nearby Amenities?
From The Ascentia, residents need just 5 to 10 minutes to reach most of South Saigon’s key amenities. This is one of the development’s strongest connectivity advantages compared with competing developments in the same segment.
The table below summarises travel times from The Ascentia to important amenities, helping you clearly understand the convenience of everyday living:
| Destination | Distance | Travel time |
| Crescent Mall | ~1,5km | 5 minutes |
| Crescent Lake | ~1,5km | 5 minutes |
| Ánh Sao Bridge | ~1,5km | 5 minutes |
| FV Hospital | ~800m | 3 minutes |
| International schools (Japanese, Korean, Canadian and Taipei) | 500–800m | 2 minutes |
| Nam Saigon School (primary, lower secondary and upper secondary) | ~600m | 2 minutes |
| Sakura Park | ~300m | 1 minute on foot |
| Saigon South Marina | ~1km | 4 minutes |
The entire range of restaurants, shopping centres, educational, healthcare and financial facilities is located within a radius of 500 to 800 m, meeting the international urban-planning standard of access within 15 minutes.
Project Amenities
WHAT AMENITIES DOES THE ASCENTIA PHÚ MỸ HƯNG OFFER?
The Ascentia Phú Mỹ Hưng has 2 main groups of amenities: 5-star on-site amenities within the building and existing international-standard amenities within a 1km radius. This is a comprehensive amenities ecosystem rarely found in any apartment project in Ho Chi Minh City.
Alongside the prime location discussed above, it is this comprehensive amenities system that creates the true quality of life at The Ascentia. Details of each group of amenities are provided below.
What On-site Amenities Are Available at The Ascentia Phú Mỹ Hưng?
The Ascentia offers 3 complete groups of on-site amenities: health and relaxation, family recreation, and retail amenities, thoughtfully arranged from the 3rd floor to the rooftop.
Specifically, the on-site amenities include:
Health and relaxation facilities (3rd floor and rooftop):
- An infinity pool for adults and a children’s pool overlooking Nam Viên’s green spaces
- A premium gym with modern equipment
- A dedicated yoga studio offering a quiet, relaxing environment
- Men’s and women’s saunas arranged around the swimming pool area
- A luxurious hydrotherapy Jacuzzi
- Rooftop amenities: expanded green space and an outdoor relaxation area
Family recreation facilities:
- A safe children’s playground with a variety of activities
- An on-site play area for different age groups
Retail and service facilities:
- 18 shophouses fronting Nguyễn Lương Bằng Street
- 2 separate, elegant lobby entrances for Block A and Block B
- High-speed lifts and 24/7 security
What Are the Standout Amenities Around The Ascentia Phú Mỹ Hưng?
The Ascentia has access to 5 groups of existing international-standard amenities: retail, education, healthcare, landscaping and finance, all within a 1km radius. This is a living environment that most apartment projects in Ho Chi Minh City cannot yet provide.
Retail and leisure facilities:
- Crescent Mall: Phú Mỹ Hưng’s largest shopping centre, 5 minutes away
- A wide range of restaurants, cafés and entertainment venues at Midtown, 300m away
- Bán Nguyệt Lake and Starlight Bridge: iconic check-in destinations in South Saigon
- Sakura Park: a Japanese cultural green space
International education facilities:
- Japanese, Korean, Canadian and Taipei international schools within an 800m radius
- The South Saigon school system, from nursery to upper secondary level
Healthcare facilities:
- FV International Hospital: one of Ho Chi Minh City’s leading private hospitals, 800m away
Sports and community facilities:
- Saigon South Marina: a premium sports and yacht club
- Tennis courts, golf facilities and sports clubs within the urban area
Does The Ascentia Phú Mỹ Hưng Have Green Space?
Yes, The Ascentia Phú Mỹ Hưng is surrounded by more than 5 hectares of green space in the Nam Viên precinct, which is considered to have the highest proportion of green space in the entire Phú Mỹ Hưng urban area. This is a rare “green value” at a time when urban land in Ho Chi Minh City is becoming increasingly scarce.
The 3 specific benefits that Nam Viên’s green spaces bring to The Ascentia residents are:
- Superior air quality: Extensive urban greenery creates a natural “green lung”, filtering dust and significantly reducing noise compared with inner-city areas
- Distinctive waterways and landscape: Nam Viên’s network of canals and regulating lakes creates water views from many apartments
- Sustainable asset value: Green land is non-renewable in the future, helping to protect and increase property values over time
Project Floor Plans
HOW IS THE ASCENTIA PHÚ MỸ HƯNG FLOOR PLAN DESIGNED?
The Ascentia Phú Mỹ Hưng comprises 242 apartments distributed across 2 15-storey buildings, A and B, designed in the premium boutique style of the Bauhaus school. This architectural style emphasises simplicity, functionality and art, creating an aesthetically pleasing yet highly practical living environment.
To help you choose a suitable apartment, below is the complete floor-plan information for each category.
How Many Apartments and Storeys Does The Ascentia Phú Mỹ Hưng Have?
The Ascentia has a total of 242 apartments distributed across 2 blocks, A and B, each 15 storeys high (excluding the technical floor), with 2 separate and luxurious lobby entrances. The main living areas extend from the 3rd to the 14th floor, while the 15th floor is reserved for special penthouses.
Overall development scale:
| Specification | Details |
| Total number of apartments | 242 apartments |
| Number of buildings | 2 (Block A and Block B) |
| Number of storeys | 15 storeys (excluding the technical floor) |
| Lobby entrances | 2 separate, independent lobbies |
| Residential floors | 3rd to 14th floors |
| Penthouse floor | 15th floor |
| Number of shophouses | 18 street-fronting units |
| Total site area | 4.680 m² |
| Handover time | From April 2022 |
Having 2 completely independent lobbies for the 2 blocks is a rare privilege in the premium apartment segment, providing each resident with privacy and a truly boutique experience.
What Types of Apartments Are Available at The Ascentia?
The Ascentia has 5 main apartment types by floor area and number of bedrooms: 1-bedroom, 2-bedroom and 3-bedroom apartments, duplexes and penthouses, as well as 18 commercial street-front shophouses. This range caters to everyone from single residents and families to multi-generational households and buy-to-let investors.
The following classification of The Ascentia Phú Mỹ Hưng apartments by floor area will help you identify a property suited to your needs and budget:
| Apartment type | Area (m²) | Suitable for |
| 1 bedroom | 48,84 – 55,80 | Singles, couples and buy-to-let investors |
| 2 bedrooms | 75,18 – 84,05 | Families of 3–4 people and couples planning a family |
| 3 bedrooms | 106,23 – 108,80 | Large families seeking a long-term home |
| Duplex / Tophouse | Special floor areas | Buyers who value separate spaces |
| Penthouse (15th floor) | Ultra-luxury | VIP buyers seeking an exceptional level of prestige |
| Shophouse | NLB frontage | Commercial use and investment |
In addition, both of the building’s main aspects include apartments of every type listed above, giving buyers a wide choice of views to suit their personal preferences.
What Design Advantages Does The Ascentia Floor Plan Offer?
The Ascentia floor plans are designed in a high-end “boutique” style influenced by the Bauhaus school, emphasising 3 core principles: maximising natural light, cross-ventilation and refined aesthetics in every architectural detail. This design philosophy is entirely different from the mass-market approach taken by most apartments in the same segment.
The 3 key design advantages of The Ascentia floor plans:
Optimised natural light and ventilation: Apartment layouts are calculated to maximise the area exposed to natural sunlight. Open corridors, large windows and extended balconies create continuous airflow throughout each apartment, reducing the need for air conditioning.
Privacy and exclusivity: The boutique design, with 2 separate lobbies and a limited number of apartments on each floor, creates the feeling of a “vertical villa”, offering a much higher level of privacy than conventional apartment buildings.
Five-star furnished handover: All The Ascentia apartments were handed over with 5-star furnishings from April 2022, enabling residents to move in or rent them out immediately without further completion costs.
Price list
WHAT IS THE CURRENT SALE PRICE OF THE ASCENTIA PHÚ MỸ HƯNG APARTMENTS?
The current sale price of The Ascentia Phú Mỹ Hưng ranges from 110 to 120 million/m², equivalent to a total price of 6 to 12 billion VND, depending on the apartment type, floor and view. This price reflects the development’s high-end positioning within the Phú Mỹ Hưng property segment.
To give you a full financial basis for making a decision, below are details of the current primary-market, secondary-market and rental prices.
What Is the Primary Sale Price of The Ascentia Phú Mỹ Hưng?
The primary sale price of The Ascentia Phú Mỹ Hưng started at 70 million/m² when sales opened in October 2019 and has now risen to 101.2–130.9 million/m² according to the latest update. This impressive price increase reflects the development’s appeal and sustainable liquidity.
Primary price list for The Ascentia by apartment type:
| Apartment type | Area (m²) | Price/m² | Total price (billion VND) |
| 1 bedroom | 48,84 – 55,80 | 101–130 million | 3.3–4.3 billion VND |
| 2 bedrooms | 75,18 – 84,05 | 101–130 million | 5–6 billion VND |
| 3 bedrooms | 106,23 – 108,80 | 101–130 million | 7.2–7.9 billion VND |
| Duplex / Penthouse | According to special design | Negotiable | Contact the developer |
Note: The above price list is for reference only. Official prices and promotional policies are updated monthly. Buyers should contact Phú Mỹ Hưng directly for the most accurate information.
What Is the Current Resale Price of The Ascentia Phú Mỹ Hưng?
The current secondary-market resale price of The Ascentia ranges from 71 to 88 million/m² according to the latest update, reflecting an interesting paradox: the latest secondary-market price is lower than the primary-market price, indicating that the market is undergoing repricing in line with the general market level. However, the long-term price trend remains upward, supported by the development’s location and underlying quality.
Some secondary-market apartments currently listed for sale include:
- 1-bedroom apartment, 55.80 m²: from 6.9 billion VND (negotiable)
- 2-bedroom apartment: 7.5–9 billion VND, depending on the floor and view
- 3-bedroom apartment: from 11 billion VND upwards
An important point to note: The Ascentia was completed and handed over from April 2022, meaning secondary-market buyers can move in or rent out their apartment immediately, without waiting as they would with developments still under construction.
What Is the Rental Price of The Ascentia Phú Mỹ Hưng Apartments?
The rental price of The Ascentia Phú Mỹ Hưng is currently 14–19 million VND per month for 2-bedroom apartments and 28–35 million VND per month for 3-bedroom apartments, demonstrating that rental demand in the area is very high and stable. This is particularly attractive to investors seeking long-term rental income.
Indicative rental prices by apartment type:
| Apartment type | Monthly rent | Notes |
| 1 bedroom | 10–14 million VND | Suitable for single foreign professionals |
| 2 bedrooms | 14–19 million VND | Most common, highly liquid |
| 3 bedrooms | 28–35 million VND | Foreign families and senior executives |
The estimated rental yield is 3–4.5% per year on the property’s value, equivalent to or higher than bank deposit interest rates, while residents also benefit from the property’s capital appreciation over time.
Does The Ascentia Phú Mỹ Hưng Offer Any Payment Policies or Incentives?
Yes, The Ascentia Phú Mỹ Hưng offers a flexible payment policy from the developer, Phú Mỹ Hưng, designed to suit various customer groups, from owner-occupiers to investors. This is one of the key strengths of the sales policy offered by Phú Mỹ Hưng, a leading and highly reputable developer in the market.
Key features of the sales policy include:
- Extended payment schedule: Payments are divided into multiple instalments, reducing the buyer’s financial pressure
- Bank loan support: Phú Mỹ Hưng has a network of partner banks offering preferential interest-rate packages
- Monthly-changing incentives: Discounts, gifts or management fee support
Important note: As availability and sales policies change constantly from month to month, buyers should contact Phú Mỹ Hưng directly or an official agent for the most accurate and up-to-date information.
IS THE ASCENTIA PHÚ MỸ HƯNG WORTH BUYING AND INVESTING IN IN 2026?
Yes, The Ascentia Phú Mỹ Hưng is worth buying and investing in during 2026 for at least 3 key reasons: its unique, irreplaceable four-frontage location, the leading reputation of developer Phú Mỹ Hưng, and the fact that infrastructure in District 7 is entering a strong growth cycle. However, the final investment decision should still be considered in the context of each individual’s finances and specific objectives.
Does Developer Phú Mỹ Hưng Have a Good Reputation?
Yes, developer Phú Mỹ Hưng has one of the leading reputations in Vietnam’s property market and has been recognised by the American Institute of Architects (AIA) as an internationally standard urban area. With more than 30 years of development since 1993, Phú Mỹ Hưng has built the most enduring premium property brand in Ho Chi Minh City.
How Does District 7’s Infrastructure Affect The Ascentia’s Value?
District 7’s infrastructure is undergoing investment worth trillions of đồng, with key projects including Metro Line 4 (Thạnh Xuân–Hiệp Phước Urban Area), improvements to the Nguyễn Văn Linh corridor and new connecting bridges. According to property market trends, any major infrastructure project brings a 15–30% increase in the value of nearby assets within 3 to 5 years of completion.
