Urban Hill Phú Mỹ Hưng apartments are part of a premium residential project developed by Phu My Hung Development Corporation, located on Nguyễn Văn Linh Boulevard in the Cảnh Đồi area of District 7, Ho Chi Minh City. The project comprises 2 13-storey towers and 164 apartments designed by a German architect, with one of the most modern and luxurious styles in southern Saigon. More importantly, it occupies one of the few remaining plots of land in the Phú Mỹ Hưng urban area, giving the project a scarce and irreplaceable value.
In terms of location, Urban Hill is at the heart of the Cảnh Đồi area, next to Bán Nguyệt Lake and opposite the 5.4-hectare Wonderland Park, just 750m from Crescent Mall, fully meeting the criteria of “first, near the market; second, near the river; third, near the road”. Next, in terms of internal amenities, the project incorporates a swimming pool, gym and yoga facilities, all featuring extensive glazing in place of concrete walls, together with the 4,700m² Finelife supermarket and a range of F&B outlets on the ground floor.
In terms of layouts, Urban Hill offers 2 main property types: 2-bedroom apartments measuring 76–79m² and 3-bedroom apartments measuring 108–109m², finished with European-standard materials. In particular, in terms of 2026 prices, 2-bedroom apartments range from VND 5.8 billion to VND 6.2 billion, while 3-bedroom apartments range from VND 9 billion to VND 9.6 billion, equivalent to VND 75–89 million/m² on the current secondary market.
Project Overview
WHAT IS URBAN HILL PHÚ MỸ HƯNG?
Urban Hill Phú Mỹ Hưng apartments are a luxury high-end residential development invested in by Phu My Hung Development Corporation, located at Lot H6–3, Area A, Canh Doi Precinct, Tan Phong Ward, District 7, Ho Chi Minh City. The development was designed by Korn Co., Ltd., an architectural firm from Germany, and built by Sino Pacific, the contractor.
To understand the scale of the development more clearly, Urban Hill has a total site area of 4,647.20m², comprising 2 13-storey towers, A and B, and 1 basement car park level. The development provides 164 apartments together with a commercial area of up to 5,500m², including 4 shophouses and a 4,700m² Finelife supermarket. With a site coverage ratio of only 56.1%, nearly 44% of the site is allocated to green spaces and community amenities.
IS THE DEVELOPER OF URBAN HILL PHÚ MỸ HƯNG REPUTABLE?
Yes. Phú Mỹ Hưng is a highly reputable developer, with more than 30 years’ experience in developing the largest urban area in southern Saigon, a record of delivering numerous large-scale developments on schedule, and a strong financial foundation through its joint venture between IPC Vietnam and Taiwan’s CT&D Group.
More specifically, Phu My Hung Development Corporation was established on 19/5/1993 as a joint venture between Tan Thuan Industrial Promotion Company (IPC) and Phu My Hung Asia Holdings (formerly CT&D Group, Taiwan). Over more than 3 decades, the developer has successfully transformed the entire Phú Mỹ Hưng urban area from wetlands into a model township, including well-known residential developments such as The Peak, Midtown and Scenic Valley, as well as internationally recognised commercial, educational and healthcare facilities. Furthermore, with 600 purchase registration applications for Urban Hill alone and the proportion of foreign buyers approaching the legal cap, the reputation of the Phú Mỹ Hưng brand has been clearly recognised by the international market.
WHAT SEGMENT DOES URBAN HILL PHÚ MỸ HƯNG BELONG TO?
Urban Hill Phú Mỹ Hưng belongs to the luxury apartment segment, defined by 3 factors: prices from VND 75 million/m², European-standard finishing materials and a distinctive architectural design by a German studio.
More specifically, this segment serves domestic professionals, foreigners living in Ho Chi Minh City and mid- to high-end investors seeking to own property in Phú Mỹ Hưng. Its difference from other developments in the area lies in its compact scale of only 164 apartments, creating a high-quality, low-density community with significantly greater privacy than conventional towers of 400–800 apartments.
Project Location
WHERE ARE THE URBAN HILL PHÚ MỸ HƯNG APARTMENTS LOCATED?
Urban Hill Phú Mỹ Hưng apartments are located at Lot H6–3, Area A, Nguyễn Văn Linh Boulevard, at the junction with Nguyễn Lương Bằng, in the Canh Doi functional area, Tan Phong Ward, District 7, Ho Chi Minh City. This is one of the last remaining rare plots on Parkway Boulevard, a green route where Phú Mỹ Hưng has planted more than 10,000 trees and spends nearly VND 7 billion a year on maintenance.
In addition, Urban Hill’s location combines all 3 geographical advantages according to traditional feng shui principles: first, close to the market (in the bustling Canh Doi functional area, the busiest in Phú Mỹ Hưng), second, close to water (just a few minutes’ walk from Crescent Lake, the heart of the township) and third, close to roads (fronting Nguyễn Văn Linh Boulevard, the main transport artery of southern Saigon).
HOW FAR IS URBAN HILL FROM DISTRICT 1 CITY CENTRE?
Urban Hill apartments are approximately 10–12 minutes by car from District 1 city centre, thanks to Nguyễn Văn Linh Boulevard, which connects directly to the inner city via the Nguyễn Hữu Thọ and Nguyễn Tất Thành gateways.
More specifically, from Urban Hill, residents can reach key destinations in accordance with the following practical estimates:
| Destination | Distance | Travel time |
| District 1 administrative centre | ~7 km | 10–12 minutes |
| Tan Son Nhat Airport | ~12 km | 20–25 minutes |
| District 9 Hi-Tech Park | ~18 km | 25–30 minutes |
| Cat Lai Port | ~14 km | 20 minutes |
The table above shows travel times from Urban Hill to the main destinations in Ho Chi Minh City under normal traffic conditions.
Furthermore, according to Ho Chi Minh City’s transport infrastructure plans, once completed, Metro Line 4 (Thạnh Xuân – Hiệp Phước Urban Area) will have a station connected near the Phú Mỹ Hưng area, significantly improving travel options for Urban Hill residents in the coming years.
WHAT OFF-SITE AMENITIES ARE LOCATED AROUND URBAN HILL?
There are 4 main groups of off-site amenities around Urban Hill: retail and shopping, international education, high-quality healthcare and leisure and entertainment, all within walking distance or less than 10 minutes away by transport.
Below is a list of the key off-site amenities around the development:
Retail and shopping:
- Crescent Mall, 750m away, a 3-minute walk
- SC VivoCity, approximately 2km away
- Lotte Mart District 7, approximately 3km away
- Big C Nguyễn Thị Thập, approximately 2km away
International education:
- Saigon South International School (SSIS)
- Renaissance International School
- RMIT International University Vietnam
- Dinh Thien Ly School System (all levels)
High-quality healthcare:
- FV Hospital (Franco-Vietnamese Hospital)
- Tam Duc Heart Hospital
- Victoria Healthcare, Maple Healthcare and CarePlus Clinic
Entertainment and green spaces:
- Crescent Lake and the pedestrian street (a 3-minute walk)
- 5.4-hectare Wonderland Park (opposite the development, a 30-second walk)
- Saigon Exhibition and Convention Centre (SECC) (5 minutes)
- Starlight Bridge (3 minutes)
Project Amenities
WHAT INTERNAL AMENITIES DOES URBAN HILL OFFER?
Urban Hill’s internal amenities comprise 2 main groups: health and sports facilities (swimming pool, gym and yoga) and an integrated retail area (Finelife supermarket, shophouses and F&B outlets), designed according to a “walkable lifestyle” philosophy that allows residents to meet all their daily needs within the project grounds.
In addition, with a site coverage ratio of just 56.1% and green space accounting for as much as 44%, Urban Hill’s internal amenities are not only diverse in function but are also set within an open landscaped environment that harmoniously combines nature with modern urban conveniences.
What Health and Sports Facilities Are Available at Urban Hill?
Urban Hill’s wellness area comprises 3 main facilities: an adult swimming pool, a children’s swimming pool and a gym combined with yoga facilities, designed with the distinctive feature of extensive glazing replacing the walls throughout.
Specifically, replacing all concrete walls with transparent glazing in the gym, yoga and swimming-pool areas delivers 3 clear benefits: a visual connection with the greenery outside, improved natural daylight during the day to reduce artificial-lighting costs, and effective sound insulation between the sports area and other functional areas. Furthermore, the sports area also includes a children’s playroom and a communal room, meeting the needs of families with young children, who account for a large proportion of Urban Hill’s residents.
What Does the Retail Area at Urban Hill Include?
The commercial area at Urban Hill comprises the 4,700 m² Finelife supermarket, 4 ground-floor shophouses and an F&B cluster including Starbucks, forming an integrated retail complex rarely seen in a project with just 164 apartments.
Specifically, the Finelife supermarket on Urban Hill’s ground floor occupies the former site of Co.opmart Phú Mỹ Hưng, one of the supermarkets trusted by local residents for many years. This ensures that residents have immediate access to high-standard food and consumer goods shopping without needing to leave the development. In particular, the presence of Starbucks and other F&B chains on the ground floor serves not only residents’ needs but also attracts visitors from outside, helping to sustain the development’s commercial vitality and increase the value of the entire project over time.
Project Floor Plans
WHAT UNIT SIZES ARE AVAILABLE AT URBAN HILL?
The Urban Hill apartment layouts offer 2 main property types by number of bedrooms: 2-bedroom apartments (2BR), measuring 76–79m², and 3-bedroom apartments (3BR), measuring 108–109m², designed with layouts that optimise practical functionality for families.
Next, a notable feature of the Urban Hill layouts is the well-balanced allocation of space between living areas, bedrooms and ancillary areas, ensuring that residents experience a sense of spaciousness and full functionality whether they choose a 2BR or 3BR apartment. All apartments are handed over finished with European-standard materials, meaning residents do not need to incur additional costs for basic finishing.
HOW LARGE ARE THE 2-BEDROOM APARTMENTS AT URBAN HILL?
The 2-bedroom apartments at Urban Hill range from 76m² to 79m², with 2 bedrooms, 2 bathrooms, an open-plan living room and kitchen, and a balcony.
More specifically, this is the most common and most liquid apartment type at Urban Hill, suitable for young couples, families of 3–4 members or investors seeking rental income. The north-facing 2-bedroom apartments look directly towards the green space along Nguyễn Văn Linh Boulevard and the Canh Doi villa area, while the southern apartments overlook the 5.4-hectare Wonderland Park. In particular, this is the final plot in the Canh Doi area, so all views are guaranteed not to be obstructed by future developments, a rare advantage in Ho Chi Minh City.
What Is the Layout of a 3-Bedroom Apartment at Urban Hill Like?
3-bedroom apartments at Urban Hill range from 108m² to 109m², with 3 bedrooms, 2 bathrooms (which may include an en-suite bathroom in the master bedroom), a spacious living room and a separate kitchen area.
Specifically, at over 108m², Urban Hill’s 3-bedroom apartments are considered “large-format apartments”, suitable for multi-generational families or foreign professionals who need space to work from home. The master bedroom is spacious and includes an en-suite bathroom and a separate dressing area. The other 2 bedrooms are large enough for double beds and wardrobes. Furthermore, the kitchen in the 3-bedroom apartments is completely separate from the living room, catering to Vietnamese families’ cooking habits while ensuring an elegant, well-ventilated space for entertaining guests.
What Finishing Materials Are Provided at Urban Hill?
The finishing materials provided at Urban Hill are European-standard materials, including aluminium-framed toughened-glass doors, timber or high-quality tiled flooring, imported sanitaryware and concealed electrical systems meeting German technical standards.
Specifically, Urban Hill apartments are handed over with a basic fit-out, meaning residents receive an apartment with flooring, walls, ceilings, complete electrical and plumbing systems, doors and sanitaryware, without needing to pay additional costs for the basic structural finishing. The materials have been carefully selected to suit the premium segment: they are durable, refined in appearance and easy to maintain in a tropical climate. This is a superior level of finish compared with projects in the same price range outside the Phú Mỹ Hưng ecosystem in the area.
Price list
HOW MUCH WILL URBAN HILL PHÚ MỸ HƯNG APARTMENTS COST IN 2026?
In 2026, prices for Urban Hill Phú Mỹ Hưng apartments range from VND 5.8 billion to VND 6.2 billion for 2-bedroom apartments and from VND 9 billion to VND 9.6 billion for 3-bedroom apartments on the secondary market, equivalent to an average of VND 75–89 million/m².
Specifically, current secondary-market prices have risen significantly from the initial primary-market prices when the project was launched (approximately VND 60–65 million/m² during 2018–2022), reflecting limited supply and the enduring appeal of the Phú Mỹ Hưng brand. In particular, prices at Urban Hill are expected to continue rising steadily in the coming years because it is the final project in the Cảnh Đồi area, with no new supply within a 500m radius that could compete directly with it.
How Much Do 2-Bedroom Urban Hill Apartments Currently Cost?
Prices for 2-bedroom apartments at Urban Hill currently range from VND 5.8 billion to VND 6.2 billion (equivalent to VND 75–80 million/m²), depending on the floor, outlook and furnishing condition.
Specifically, common secondary-market transactions range from VND 5.8 billion to VND 5.9 billion for apartments measuring 76–79m², with basic or full furnishings. Higher-floor apartments or those with attractive views (overlooking Wonderland Park or Bán Nguyệt Lake) may be listed at up to VND 6.2 billion. However, the final agreed transaction price is usually 3–5% below the asking price, depending on the parties’ negotiating ability and the seller’s financial timetable.
| Apartment type | Area | 2026 Secondary-Market Prices | Price/m² |
| Lower-floor 2-bedroom | 76–79m² | VND 5.7–5.9 billion | ~VND 75 million/m² |
| Mid-floor 2-bedroom | 76–79m² | VND 5.8–6.0 billion | ~VND 77 million/m² |
| High-floor 2-bedroom, attractive view | 76–79m² | VND 6.0–6.2 billion | ~VND 79–80 million/m² |
The table above summarises the asking prices for 2-bedroom Urban Hill apartments on the 2026 secondary market, categorised by floor and view.
What Is the Current Price Range for 3-Bedroom Urban Hill Apartments?
Prices for 3-bedroom apartments at Urban Hill currently range from VND 9 billion to VND 9.6 billion (equivalent to VND 83–89 million/m²), placing them among the highest-priced apartments in District 7, excluding penthouses.
Specifically, 3-bedroom Urban Hill apartments measuring 108–109m² are commonly listed at VND 9 billion with basic furnishings and VND 9.6 billion with full, high-end furnishings. In particular, prices for 3-bedroom Urban Hill apartments rose from VND 7–8 billion during 2020–2022 to VND 9–9.6 billion in 2026, representing a 20–25% increase over 4 years and outperforming the average price growth of the District 7 apartment market over the same period.
What Are the Payment Options When Buying an Urban Hill Apartment?
Payment for an Urban Hill apartment on the current secondary market is mainly made through a sale and purchase agreement (with a pink book already issued or pending issuance), with the option of bank financing of up to 70% of the apartment’s value.
Specifically, when buying a secondary-market Urban Hill apartment, buyers should note the 3 main steps: paying a deposit (usually VND 50–100 million), signing the transfer agreement and paying the balance within 30–60 days. For buyers using bank finance, most major commercial banks support loans for purchasing Phú Mỹ Hưng apartments, with first-year preferential interest rates of 6.5–8% per year and loan terms of up to 25–30 years. Furthermore, the legal status of the sale and purchase agreements (notarised agreements) for the Urban Hill apartments currently on offer is transparent and can be checked at the District 7 Land Registry Office before the transaction.
SHOULD YOU BUY AN URBAN HILL PHÚ MỸ HƯNG APARTMENT?
Yes, you should consider buying an Urban Hill Phú Mỹ Hưng apartment if you belong to one of the following 3 groups: buyers seeking a long-term home in the Phú Mỹ Hưng area, investors looking for a scarce and highly liquid asset, or foreigners seeking a premium apartment in a convenient and secure urban area.
How Does Urban Hill Phú Mỹ Hưng Differ from Other Projects in Phú Mỹ Hưng?
Urban Hill has an advantage in terms of limited supply and low resident density, whereas The Peak and Midtown benefit from larger-scale internal amenities, and Scenic Valley is better optimised for the breadth of its green spaces. Urban Hill’s key distinction is that it has only 164 apartments across the entire project, giving it the lowest resident density among Phú Mỹ Hưng projects. This means less pressure on communal spaces, better management services and a more consistently high-quality resident community. However, Urban Hill has fewer and less diverse internal amenities than the larger projects within the Phú Mỹ Hưng ecosystem; in return, residents can immediately access a wide range of external amenities within walking distance.
Can Foreigners Buy an Urban Hill Apartment?
Yes, foreigners are permitted to buy Urban Hill apartments under the 2023 Housing Law, although they should note the ownership quota and term. Under current regulations, the total number of apartments owned by foreigners in a project must not exceed 30% of the total number of apartments. At Urban Hill, this is equivalent to a maximum of approximately 49 apartments. In practice, the proportion of foreign buyers registered at Urban Hill is already close to this cap, reflecting the project’s strong appeal to the expatriate community. Important note: foreigners may own an apartment for a 50-year term (which may be extended), rather than owning it indefinitely like Vietnamese citizens. This point should be carefully confirmed with a legal adviser before signing the agreement.
