Project Overview
The Monash Phú Mỹ Hưng is the commercial name of the MD4-1 Mixed-Use Residential Area, developed by Phu My Hung Development Corporation, located on Nguyen Van Linh Boulevard at the site of the former Porsche showroom. In particular, the project has officially entered the construction phase following the groundbreaking ceremony for the diaphragm wall package on 26/06/2026, marking it as one of the next strategic developments in Phú Mỹ Hưng’s 2.0 roadmap.
The Monash is located at Lot MD4, Zone A, the New Urban Area South of Ho Chi Minh City, Tan My Ward, Ho Chi Minh City, with its south-eastern frontage adjoining the major Nguyen Van Linh arterial road, which has a road reserve of up to 120m. More specifically, this is the most valuable commercial strip in the entire Phú Mỹ Hưng urban area, where iconic developments and the highest concentration of commercial activity in southern Saigon are located.
The site plan and amenities of The Monash have not yet been released by the developer in detailed documentation, however the “mixed-use residential area” legal classification already shows that the project will include both an apartment block and a commercial services block. More importantly, future residents will inherit in full the amenity ecosystem that Phú Mỹ Hưng has built up over more than thirty years, including international schools, hospitals, shopping centres and a network of parks.
The following article will examine all verified information about The Monash Phú Mỹ Hưng in turn, from the project’s identity, location, layouts, amenities and prices to its construction progress and legal status. It will also clearly identify which details are still awaiting publication by the developer, giving investors a sound basis for making an accurate decision.
What is The Monash Phú Mỹ Hưng?
The Monash Phú Mỹ Hưng is the official commercial name of Mixed-Use Residential Area Lot MD4-1, part of the portfolio of developments directly invested in and developed by Phu My Hung Development Corporation. Construction of the basement section began on 26/06/2026 in Zone A of the Phú Mỹ Hưng urban area.
To gain a clearer understanding of the nature of The Monash Phú Mỹ Hưng, the first point to note is the phrase “mixed-use residential area” in the legal documents. Specifically, this is not a purely residential apartment project, but a development combining residential and commercial and service functions, similar to the model Phú Mỹ Hưng applies to plots fronting its boulevards. This notable characteristic will directly determine the project’s product structure, amenity mix and eventual price range.
The table below summarises the identifying specifications of The Monash Phú Mỹ Hưng, with the final column clearly stating the publication status of each item so that readers can distinguish verified facts from information still awaiting release by the developer:
| Item | Information | Publication status |
| Commercial name | The Monash | Commercial name confirmed |
| Land parcel code | MD4-1, part of Parcel MD4 | Verified |
| Classification | Mixed-use residential development | Verified |
| Developer | Phu My Hung Development Corporation | Verified |
| Administrative location | Area A, Nam Thành Phố New Urban Area, Tân Mỹ Ward, Ho Chi Minh City | Verified |
| Frontage | Nguyễn Văn Linh Boulevard, 120 m road reserve, south-east-facing | Verified |
| Commencement date for underground works | 26/06/2026 | Verified |
| Number of storeys, number of apartments and gross floor area | Not yet announced | Awaiting the developer’s announcement |
| Architectural design consultant | Not yet announced | Awaiting the developer’s announcement |
| Selling prices and launch date | Not yet announced | Awaiting the developer’s announcement |
Which Phú Mỹ Hưng land parcel is associated with the commercial name The Monash?
The commercial name The Monash is directly associated with land parcel MD4-1, a sub-parcel within Parcel MD4 in Area A of the Nam Thành Phố New Urban Area. In other words, whenever the market refers to the “MD4-1 project” or “MD4-1 mixed-use residential development”, it is referring to The Monash.
More specifically, the transitional period between construction commencement and the official commercial launch consistently creates a situation in which a project has two names in parallel. Investors who closely follow Phú Mỹ Hưng’s pipeline are usually familiar with the technical parcel code, while homebuyers encounter the commercial name. Understanding the mapping The Monash corresponds to MD4-1 enables buyers to accurately check all planning, legal and progress information from official sources without confusing it with neighbouring parcels such as MD3-1.
In addition, this naming approach is entirely consistent with the developer’s precedent. Parcel CR9 has the commercial name Triton Crown, Parcel CR5-1B is called The Regency, while Parcel MD3-1 is called Phú Mỹ Hưng The Maverick. Thus, The Monash follows the same identification convention that Phú Mỹ Hưng applies to its entire 2026 generation of projects.
Which companies are involved in developing The Monash?
One company has currently been officially confirmed as participating in The Monash Phú Mỹ Hưng, namely Bachy Soletanche Vietnam, acting as the contractor for the underground diaphragm-wall package. The company took over the work from the developer at the groundbreaking ceremony on 26/06/2026.
In particular, this foundation contractor’s capabilities have already been demonstrated within the Phú Mỹ Hưng ecosystem. Specifically, Bachy Soletanche Vietnam carried out the foundation works for both the CR9 Triton Crown project and the MD3-1 The Maverick project, and both developments were recorded as progressing ahead of schedule. For this reason, the developer’s continued selection of the company for MD4-1 creates a consecutive chain of confidence across CR9, MD3-1 and MD4-1, reflecting consistency in the management of underground construction works.
However, it should be made clear that the main superstructure contractor, architectural design consultant and supervision consultant for The Monash have not yet been announced. Several Phú Mỹ Hưng projects along Nguyễn Văn Linh Boulevard were designed by Handel Architects, but there is no basis for assuming that The Monash is the same. Buyers should wait for an official announcement rather than rely on unverified circulating information.
Where is The Monash Phú Mỹ Hưng located?
The Monash Phú Mỹ Hưng is located at Parcel MD4-1, within Parcel MD4, Area A, Nam Thành Phố New Urban Area, Tân Mỹ Ward, Ho Chi Minh City, with its south-eastern frontage directly adjoining Nguyễn Văn Linh Boulevard, which has a 120 m road reserve.
To better understand the value of The Monash Phú Mỹ Hưng’s location, this land parcel needs to be considered in the context of the overall planning framework. Specifically, Nguyễn Văn Linh is the east–west backbone of the entire southern Saigon area and the main connection between Phú Mỹ Hưng and National Highway 1A, Hiệp Phước Port and the western provinces. A land parcel with direct frontage on this route is among the most limited land reserves in the entire urban area.
What is distinctive about the former Porsche showroom location on Nguyễn Văn Linh Boulevard?
The former Porsche showroom location is the easiest landmark for identifying The Monash Phú Mỹ Hưng, as it was a familiar commercial property to residents of the southern area for many years, situated on the frontage with the highest traffic density along Nguyễn Văn Linh Boulevard.
More specifically, the fact that a global luxury car brand once chose this particular land parcel for its showroom is in itself an indicator of its commercial value. Unlike interior parcels, which generally prioritise tranquillity, frontage along the boulevard is valued according to traffic volume, visibility and business potential.
Moreover, the 120 m road reserve creates two technical advantages that interior roads cannot offer. First, the substantial setback allows the building’s entire frontage to be seen clearly from a distance, increasing the brand value of both the development and the brands leasing the podium retail space. Second, the distance from the road centreline to the site boundary is sufficient to significantly reduce the impact of noise and dust compared with narrower roads carrying the same volume of traffic.
In particular, The Monash does not stand alone along this corridor. The adjacent MD3-1 parcel, now named Phú Mỹ Hưng The Maverick, is also being developed on the site of the former BMW showroom. Thus, the MD3-1 and MD4-1 parcels form a pair of twin developments, expected to reshape the entire appearance of this section of Nguyễn Văn Linh Boulevard between 2026 and 2029.
Which amenities outside the development can The Monash access?
The Monash Phú Mỹ Hưng is connected to four main groups of amenities outside the development, covering education, healthcare, retail and green spaces, all of which are existing facilities operating within Phú Mỹ Hưng.
Below is a grouping of the amenities surrounding The Monash under four functional pillars, helping buyers understand how complete the living ecosystem will be when they take possession rather than having to wait for infrastructure to be developed:
| Amenity category | Notable facilities within Phú Mỹ Hưng |
| Education | Saigon South International School, Đinh Thiện Lý School, and a network of bilingual and international nursery schools |
| Healthcare | FV Hospital, Tam Duc Heart Hospital, and a network of general clinics |
| Commercial | Crescent Mall, SC VivoCity, and the shophouse clusters along Nguyễn Đức Cảnh and Tôn Dật Tiên |
| Green spaces | The Crescent Lake, Starlight Bridge, Ánh Trăng Park and a network of internal gardens |
More importantly, the key difference is that these amenities are not future commitments. Specifically, the entire list has been operating reliably for many years, serving Phú Mỹ Hưng’s existing residential community. For this reason, The Monash residents will benefit from a mature living ecosystem from the first day of handover, which is a fundamental difference from developments in new urban areas where amenities are still being accumulated.
How is the site plan for The Monash Phú Mỹ Hưng being planned?
The detailed site plan for The Monash Phú Mỹ Hưng has not yet been issued by the developer, including the typical floor plans, apartment mix and number of properties, as the project only entered the underground construction phase in June 2026.
However, the legal documents and the construction package that has already commenced make it possible to identify the overall planning framework of The Monash Phú Mỹ Hưng site plan. Specifically, the “mixed-use residential development” classification confirms that the development will integrate both residential and commercial-service functions within the same complex, rather than consisting solely of an apartment block.
What components are expected to make up the building complex on MD4-1?
The building complex on MD4-1 is expected to comprise three functional layers, namely a multi-level basement, a commercial and services podium, and apartment towers above.
By way of illustration, the strongest basis for this assessment comes from the construction package that has already commenced. Specifically, the first package undertaken at MD4-1 was the construction of diaphragm walls, a technical solution used only when a development has substantial underground works requiring excavation-pit retaining walls. In other words, choosing diaphragm walls instead of simpler foundation solutions indicates that The Monash will have several basement levels to serve the parking and engineering requirements of both the residential and commercial sections.
It should be emphasised that this is an inference based on the technical characteristics of the announced construction package, not data issued by the developer. The exact number of basement levels, tower height and total gross floor area of The Monash will only be confirmed when the official design documents are made public.
What apartment types and floor areas are expected at The Monash?
The apartment mix and floor-area range for The Monash Phú Mỹ Hưng have not been announced, so the most reasonable approach is to refer to the property mix of projects from the same generation that have already released their inventories, in order to estimate the possible range.
Below is a comparison table of the property mixes of three Phú Mỹ Hưng projects from the 2026 generation, provided as a market reference framework rather than as specifications for The Monash:
| Reference project | Parcel code | Published scale | Properties |
| Phú Mỹ Hưng The Maverick | MD3-1 | 19 storeys, total gross floor area of 79,921 m² | 327 apartments and 22 shophouses |
| Triton Crown | CR9 | 2 18-storey blocks | 301 flats and 32 shophouses |
| The Regency | CR5-1B | 24 above-ground floors | 114 flats ranging from 118 to 134 m² and 4 shophouses |
More specifically, the data above shows that Phú Mỹ Hưng’s 2026 generation of projects spans a fairly wide range, from a limited line of just over one hundred units with large floor areas to a larger-scale line of more than three hundred units with a diverse mix. Notably, The Maverick on the adjacent plot MD3-1 also belongs to the group of mixed-use developments fronting Nguyễn Văn Linh, therefore it is the project with the greatest similarity in planning terms to serve as a reference.
In summary, buyers interested in specific unit sizes should register to receive information directly from the developer’s consultants, so they can be updated as soon as The Monash’s official floor plans are released.
What amenities does The Monash Phú Mỹ Hưng offer?
The amenities at The Monash Phú Mỹ Hưng are clearly divided into two layers, comprising on-site amenities that have not yet been announced and the established amenities within the Phú Mỹ Hưng urban area, which residents can enjoy immediately.
To understand how to assess The Monash Phú Mỹ Hưng’s amenities, this distinction is the key point. Specifically, for most new projects, on-site amenities are a promise that can only be verified after several years. By contrast, at The Monash, most of residents’ day-to-day use value comes from the established external amenities, significantly reducing the risk of unmet expectations.
What role does the commercial podium at The Monash play?
The commercial podium at The Monash serves three roles at the same time, generating operating income for shophouse owners, providing on-site services for residents and enhancing the profile and value of the entire development along the boulevard.
More specifically, the advantage of a podium on a road frontage with a 120-metre road reserve is completely different from that of a podium located within the development. While internal shophouses mainly serve the resident community within a radius of several hundred metres, shophouses fronting the boulevard can access inter-area traffic flows, thereby expanding their customer base to the entire southern area rather than only the project boundaries.
In addition, Phú Mỹ Hưng has standardised the commercial podium model through several generations of projects. Specifically, The Maverick has 22 shophouses on the ground floor, forming an internal shopping and services street, while Triton Crown has 32 shophouses fronting the lake. Thus, The Monash’s classification as a mixed-use residential development suggests that it will most likely adopt a similar structure, although the exact number and sizes of the shophouses are still awaiting official announcement.
Which amenities within the wider ecosystem can The Monash residents enjoy?
Residents of The Monash inherit the entire amenity ecosystem of the Phú Mỹ Hưng township, an ensemble planned by international firms and continuously enriched over more than thirty years of development since 1993.
Specifically, this amenities system includes the following main categories:
- Multi-level education: a network of international and bilingual schools within a short travelling distance, meeting needs from pre-school through upper secondary education.
- Specialist healthcare: international and specialist cardiology hospitals located within the urban area, minimising access times in emergencies.
- Retail and entertainment: large-scale shopping centres together with a network of retail and services streets stretching along the main routes.
- Landscaping and sport: a system of parks, scenic lakes, canal-side walking routes and per-capita green-space provision among the highest in Ho Chi Minh City.
More importantly, Phú Mỹ Hưng is implementing plans to upgrade the landscape around the Crescent Lake and along Nguyễn Lương Bằng Street after completing the landscaping improvements in the Canal District. Thus, the landscaped amenities enjoyed by The Monash residents are not static but continue to receive investment and upgrades.
How much will The Monash Phú Mỹ Hưng cost?
No, Phú Mỹ Hưng has not yet announced The Monash’s official price list, for three reasons: the project only began underground construction in June 2026, the detailed design documents have not been released, and the development has not yet fulfilled the legal requirements for selling homes to be built in the future.
To understand the issue of The Monash Phú Mỹ Hưng’s pricing, it is necessary to understand the standard procedure applied by the developer. Specifically, Phú Mỹ Hưng only announces its price list after the project’s underground works have been completed and the relevant authorities have confirmed that it is eligible to raise capital. For this reason, any figures currently circulating on the market are not the official price.
What is the price range for Phú Mỹ Hưng projects from the same generation?
Prices for the 2026 generation of Phú Mỹ Hưng projects are currently being recorded at around VND 230 million per square metre at Triton Crown, the CR9 plot project in the Crescent Lake area, where construction began on 20/05/2026.
It should be made clear that this is market reference data for another project, not The Monash’s price. However, the figure provides useful guidance because the three projects—CR9, MD3-1 and MD4-1—belong to the same product generation, have the same developer and are being developed within the same cycle.
More specifically, three variables will determine The Monash’s final price:
- Boulevard frontage: plot MD4-1 is located on the Nguyễn Văn Linh corridor, with fundamentally different operating potential from lakeside plots such as CR9.
- Mixed-use product mix: the proportion of residential and commercial space will directly affect the average unit price.
- Launch timing: the time between construction starting and sales commencing is usually accompanied by fluctuations in the area’s general price level.
When is The Monash expected to launch, and how can buyers receive the price list early?
The Monash Phú Mỹ Hưng will be launched after the underground works have been completed and the project has been confirmed as eligible for the sale of homes to be built in the future, following a process similar to that applied by the developer for Triton Crown and The Maverick.
Specifically, the standard process comprises four successive milestones: commencement of the diaphragm wall package, completion of the foundations, completion of the underground works, and then written confirmation from the relevant authorities that the project is eligible to launch sales. By way of illustration, Triton Crown began construction on 20/05/2026, with the foundations scheduled for completion in September 2026 and the underground works in February 2027, indicating the average timescale for this stage.
Therefore, the most effective way to receive The Monash’s price list as soon as it is released is to register your details through the developer’s direct consultant, rather than wait for information to spread through secondary channels, which are often inaccurate during the pre-launch stage.
What is the current construction progress and legal status of The Monash Phú Mỹ Hưng?
The Monash Phú Mỹ Hưng is currently at the underground construction stage, following the successful ground-breaking ceremony for the diaphragm wall construction package on 26/06/2026, attended by contractor Bachy Soletanche Vietnam.
Below is a timeline of The Monash’s verified milestones, with the status column clearly distinguishing events that have already taken place from stages still pending:
| Date | Item | Status |
| 26/06/2026 | Ground-breaking ceremony for the diaphragm wall construction package on plot MD4-1 | Completed |
| Sau 26/06/2026 | Diaphragm wall and underground construction | Under way |
| Not yet determined | Completion of the underground works | Awaiting announcement |
| Not yet determined | Eligibility to launch sales and announce the price list | Awaiting announcement |
| Not yet determined | Completion and handover | Awaiting announcement |
What stage did the ground-breaking ceremony on 26/06/2026 mark?
The ground-breaking ceremony on 26/06/2026 marked the start of the diaphragm wall construction package, the project’s first foundation-related construction package, rather than the ground-breaking ceremony for the entire The Monash development.
This distinction is very important, because many compiled news sources commonly conflate the two concepts, leading buyers to mistakenly believe that the project has entered the construction stage for the above-ground structure. Specifically, a diaphragm wall is a reinforced-concrete structure constructed deep underground around the perimeter of the excavation, whose purpose is to retain soil and groundwater throughout the excavation and basement construction process.
In other words, the project’s commencement with the diaphragm wall package carries two implications. First, the development will certainly include a substantial underground section. Second, the project is at an early stage of its construction life cycle and remains quite some way from handover.
Is The Monash eligible to launch sales yet?
No, The Monash Phú Mỹ Hưng is not currently eligible to launch sales, as the project has only begun its underground construction and does not yet have written confirmation from the state authorities that it is eligible to sell homes to be built in the future.
For this reason, buyers should be particularly cautious about reservation fees, goodwill deposits or invitations to secure preferential allocations being offered at this stage. Specifically, during the pre-launch stage, any transaction without a full legal basis carries potential risks to the buyer’s rights if a dispute arises.
However, the positive point is that The Monash belongs to a group of projects directly developed and distributed by Phú Mỹ Hưng, so buyers can verify all information through the developer’s official channels. To understand more clearly how suitable the project is for each customer group, the next section will analyse situations in which buyers should not commit funds at this stage.
Who should not commit funds to The Monash Phú Mỹ Hưng at this stage?
There are three groups of customers who should not commit funds to The Monash Phú Mỹ Hưng at present, namely those who need a home immediately, those who require rental income within the next 2 years and those who need to know the exact price range before making a decision.
Specifically, the first group comprises genuine owner-occupiers seeking a home in the short term. The project has only just begun underground construction, so handover is still a long way off; therefore projects that have already been handed over within Phú Mỹ Hưng urban area may be more suitable.
The second group comprises investors seeking rental income. No income will be generated throughout the construction period, while capital remains tied up according to the payment schedule.
The third group comprises buyers who need definite figures for financial planning. As the price list and payment policy have not yet been announced, all cash-flow plans at this stage are merely hypothetical.
How does The Monash differ from The Maverick on the same Nguyễn Văn Linh corridor?
The Maverick offers greater transparency of information, while The Monash has the advantage of earlier access. The two projects are adjacent on the same Nguyễn Văn Linh corridor but are currently at different stages.
The table below compares the information status of the two adjoining plots, enabling buyers to see clearly the difference in their readiness for decision-making:
| Criteria | The Maverick (MD3-1) | The Monash (MD4-1) |
| Former site | Showroom BMW | Showroom Porsche |
| Construction commencement date | 11/08/2026 | 26/06/2026 |
| Scale | 19 storeys, 327 apartments, 22 shophouses | Not yet announced |
| Floor area | 79.921 m² | Not yet announced |
| Expected completion | June 2029 | Not yet announced |
In summary, those who need comprehensive data should prioritise The Maverick, while those seeking to get in early should keep a close eye on The Monash.
Can foreigners buy an apartment at The Monash?
Yes, foreigners are permitted to buy apartments at The Monash Phú Mỹ Hưng. Plot MD4-1 is included in the list of housing projects in Ho Chi Minh City approved for sale to foreign organisations and individuals, as published by the relevant authorities, together with plots MD3-1, CR5-1B, CR5-2 and CR9.
However, this ownership right is subject to limitations. Specifically, the proportion of apartments that may be sold to foreigners in each project is capped at 30% of the total number of units, while the ownership period applicable to foreign individuals is shorter than that for Vietnamese citizens and renewal procedures must be completed in accordance with regulations.
For this reason, foreign customers interested in The Monash should register early as soon as the available inventory is released, as this quota is often filled quickly at well-located Phú Mỹ Hưng projects.
CONTACT INFORMATION
All information about The Monash Phú Mỹ Hưng (plot MD4-1) is regularly updated and cross-checked directly against the developer’s sources at phumyhungcenter.com. Customers and investors wishing to receive the detailed floor plan, official price list and payment policy as soon as Phú Mỹ Hưng releases them are invited to contact Phú Mỹ Hưng Center:
- Sales consultant: Kim Thùy Phú Mỹ Hưng, directly from Phú Mỹ Hưng Development Corporation
- Hotline: 0938 448 427
- Website: phumyhungcenter.com
