Hướng Việt Properties — developer of Palm City and Palm River

Hướng Việt Properties is the developer of Palm City, a 30.6 ha township in Binh Trung Ward, Ho Chi Minh City, with nearly 3 km of frontage on the Giong Ong To River. The company took over the project after a member of the Hướng Việt group bought Keppel's stake in 2025, then broke ground on the Palm River apartment sub-zone on 16 June 2026. If you are looking for a riverside apartment in the east of the city, this is a developer worth researching carefully.

About Hướng Việt Properties

Hướng Việt Properties is an integrated real estate development and management company working in three segments: residential, commercial and industrial. The company handles planning, construction and project operation.

The Hướng Việt group was founded in 2009 and presents itself as a multi-sector group covering real estate, finance, renewable energy and services. At the end of March 2025, Keppel announced the sale of its 42% stake in Nam Rach Chiec Company — the developer of Palm City — to Gateway Thu Thiem JSC, a member of the Hướng Việt group; the deal was worth about 104 million USD.

In 2026, Palm City was named "Best Luxury Urban Lifestyle Township Development Vietnam 2026" and Palm River received "Best Innovative Integrated Residence Vietnam 2026" at the Dot Property Vietnam Awards.

Hướng Việt Properties projects under development

Palm City — 30.6 ha riverside township

Palm City (legal name: Nam Rach Chiec Central Area Project) is located in Binh Trung Ward, Ho Chi Minh City (former An Phu Ward, former Thu Duc City). The township is planned with housing, retail, offices, schools, an international hospital and a riverside park. Two sub-zones, Palm Residence (townhouses, handed over in 2017) and Palm Heights (apartments, handed over in 2019), are already occupied.

On 8 October 2026, the project broke ground on a riverside park and jogging track; phase I is expected to be completed in Q1/2027.

Palm River — apartment sub-zone under construction

Palm River (plot CC3) covers 1.89 ha, with 4 towers of 36 above-ground floors and 2 basements, comprising 620 apartments, 13 shophouses and 71 officetels. The sub-zone broke ground on 16 June 2026, is under construction and is expected to be handed over in Q1/2029. See Palm River price list, sales policy and progress.

The Aura — office building for lease

The Aura is at 120 Hai Ba Trung, Sai Gon Ward, Ho Chi Minh City, near the future Ho Con Rua station on metro line 4. The building has 18 above-ground floors and 3 basements, with a total floor area of nearly 11,600 m², and is expected to be completed in Q4/2027.

LA Home — township linked to an industrial park in the west

LA Home is a township of about 100 ha in the Ben Luc area (former Long An), on the Luong Hoa – Binh Chanh boulevard, alongside the Prodezi Industrial Park of about 400 ha. The developer is Hướng Việt Holdings, with Hướng Việt Properties involved in development. As of April 2026, no sales launch schedule had been announced.

Projects distributed by HPR

HPR advises on and distributes Palm River apartments. Palm River prices start from 168 million VND/m², including VAT and the maintenance fee (updated 15 October 2026). The policy effective from 1 August 2026 offers discounts of 6.5% – 13% depending on the payment plan.

Each unit is priced differently by tower, floor, view and payment method. An HPR consultant will send you the price list of units currently on sale, then calculate the cash flow for the payment plan you choose. Before placing a deposit, you should check the project's legal status — HPR helps verify each document. Read more: Palm River broke ground on 16 June 2026, handover expected in Q1/2029 and Palm River sales policy.

Considering a Palm River apartment by Hướng Việt Properties? Leave your phone number — an HPR consultant will send you the price list and current sales policy, and compare units according to your budget.