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РусскийInvest in Palm River apartments — riverside, next to Thu Thiem
Palm River is the apartment sub-zone of the 30.6 ha Palm City township on the Giong Ong To River, where Palm Residence and Palm Heights are already occupied. Under the August 2026 sales policy, you sign the sale and purchase agreement after paying 10%, or take a loan of up to 75% with 0% interest support for 24 months. Construction started on 16 June 2026, with handover expected in Q1 2029.
- 10%
- Paid to sign the sale and purchase agreement (August 2026 policy)
- 0% interest
- For 24 months, on outstanding debt of up to 55% of the unit value
- Q1 2029
- Expected handover
Palm River Prices
Updated 15 Oct 2026
Palm River prices start from VND 168 million/m², including VAT and maintenance fee, according to the Palm River sales policy publication. The developer has not published a public unit-by-unit price list; each unit's price depends on the tower, floor, view and payment plan.
| Item | Details |
|---|---|
| Unit price from | VND 168 million/m² (including VAT and maintenance fee) |
| Discount by payment plan | 6.5% – 13% (on the price excluding VAT and maintenance fee) |
| Additional discounts | 1% for loyal customers; 0.5% – 1.5% when buying 2 or more units |
| Booking fee | VND 100 million (deducted from the sale and purchase agreement instalment) |
Leave your phone number and HPR will send you the prices of units currently on sale, together with a cash-flow schedule for the payment plan you choose.
Price & loan calculator
Prices and offers change from time to time. Please contact our consultants for exact, up-to-date prices and offers.
Home Loans for Palm River
Updated 15 Oct 2026
The developer offers 0% interest support for 24 months with its designated banks. OCB has a dedicated loan programme for Palm River.
Per OCB's offer dated 24 August 2026; interest rates and loan limits depend on the bank's credit appraisal.
OCB — up to 75%, 40 years
Preferential rate of 10.3% p.a. for 24 months, then base rate + 3.5% p.a. Principal grace period of up to 36 months (60 months for customers with priority income sources). Own capital of at least 10% of the contract value before disbursement; the collateral is the off-plan apartment itself.
Early repayment fee
Years 1–3: 2.5%; year 4: 2%; year 5: 1.5%; free from year 6. Eligible OCB customers receive an extra 1% discount from the developer and an OCB Mastercard World credit card with a limit of up to VND 400 million. Foreign customers receive application support from OCB's Business Centre.
Palm River Sales Policy
Effective from 1 Aug 2026Updated 15 Oct 2026
Under the developer's Palm River sales policy 08.2026, applicable to successful bookings from 1 August 2026 until a new policy replaces it. Booking fee: VND 100 million; every plan requires only 10% to sign the sale and purchase agreement (except the fast plan).
Discounts are calculated on the price excluding VAT and maintenance fee and are cumulative; they apply only to purchases made directly from the developer. Payment percentages are calculated on the VAT-inclusive price; the 2% maintenance fee is paid at handover. The Early Birds offer (until 30 September 2026) has ended.
Standard plan — 11% discount
5% on signing the privileged account agreement, 5% on signing the sale and purchase agreement (booking fee deducted); then 2 instalments of 5% and 5 instalments of 10%, one every 3 months — spread over about 27 months until handover; 25% at handover, 5% on receipt of the certificate.
Special plan — 6.5% discount
5% + 5% up to signing the sale and purchase agreement; 10% after 3 months and 10% after a further 6 months — 30% in total, then no further payments for about 15 months until handover; 65% at handover, 5% on receipt of the certificate.
Fast plan — 13% discount
5% on signing the privileged account agreement, 65% on signing the sale and purchase agreement; 25% at handover, 5% on receipt of the certificate.
Loan plan — 0% interest support
Pay 10% yourself up to signing the sale and purchase agreement, then the bank disburses 55%; at handover you pay 15% and the bank 15%; the bank disburses 5% when the certificate is issued. Banks lend up to 75%; the developer covers interest (0%) on an outstanding balance of up to 55% of the unit value for 24 months (not beyond the handover date); principal grace period of up to 36 months (60 months for customers with priority income sources).
Loyal customers — extra 1%
Owners at Palm Heights and Palm Residence; parents of TAS students; OCB priority customers (Gold, Diamond, Diamond Elite or meeting the deposit conditions); owners of other Huong Viet Properties projects. Maximum 1% even if you belong to several groups.
Buying multiple units
An extra 0.5% off for 2 units, 1% for 3 units and 1.5% for 5 units or more.
Palm River Location — between two waterways, next to Thu Thiem
Palm River sits at the heart of the Nam Rach Chiec area in Binh Trung Ward, surrounded by the Giong Ong To River and the Muong Kinh canal, right next to the Thu Thiem International Financial Centre.
- Roads: fronts Song Hanh Street, linking to Mai Chi Tho, Vo Nguyen Giap and Do Xuan Hop; about 3 minutes to the An Phu interchange and the Ho Chi Minh City – Long Thanh – Dau Giay Expressway (the An Phu interchange is partly in operation and expected to be completed by the end of 2027, per Dai Doan Ket, 8 September 2026); about 12 minutes to Cat Lai Bridge.
- Rail: about 1 minute to Binh Trung station (S02 on the Thu Thiem – Long Thanh line, planned near the An Phu interchange; the line is expected to be completed in 2030, per VTC News, 26 August 2026); about 5 minutes to Thu Thiem station.
- Airports: Tan Son Nhat about 25 minutes, Long Thanh about 30 minutes.
- Schools: The American School (TAS) about 1 minute; AIS 5 minutes; Saigon Star 8 minutes; VAS 10 minutes; ISHCMC and BIS about 12 minutes.
- Hospitals: the international hospital inside Palm City about 1 minute; Le Van Thinh Hospital 7 minutes; AIH 8 minutes.
- Shopping & leisure: Rach Chiec Sports Complex 5 minutes; Lotte Mall 8 minutes; Thiso Mall 10 minutes; Estella Place and Vincom Mega Mall about 12 minutes; the former District 1 centre about 12 minutes.
Palm River Progress
Updated 18 Oct 2026
- Completed
Palm Residence & Palm Heights — handed over
Launched in October 2016; Palm Residence (townhouses) was handed over in 2017 and Palm Heights (apartments) in 2019 — both sub-zones are now home to residents.
- Completed
Huong Viet takes over
In April 2025, Huong Viet (through Gateway Thu Thiem) acquired a 42% stake from Keppel Land; Huong Viet Properties is developing the project.
- Completed
Palm River construction start
The groundbreaking ceremony for the Palm River sub-zone was held on 16 June 2026 (per The Investor, 17 June 2026).
- Completed
Palm River sales launch
The sales policy applies from 1 August 2026; on 13 August 2026 Huong Viet Properties issued a press release launching the Palm River sub-zone. Piling and diaphragm walls by Fecons South.
- In progress
Under construction — riverside park works begin
Palm River is under construction. On 8 October 2026, work began on the park and riverside running track along the Giong Ong To River (nearly 3 km); phase I is expected to be completed in Q1 2027 (per Cong Thuong Magazine, 8 October 2026).
- Upcoming
Palm River handover
Expected in Q1 2029 (per Cong Thuong Magazine, 8 October 2026).
What Investors Should Weigh at Palm River
Points to review before you commit, so you can compare them with your own financial plan.
Legal status, step by step
Palm River is the CC3 high-rise apartment complex with commercial and service space within the Nam Rach Chiec Central Area Project. The sub-zone's legal documents are not yet posted on this page; before paying, ask to see the construction permit and the document confirming the off-plan housing is eligible for sale (5 groups of documents to check).
Cash flow by payment plan
Under every plan (except fast payment), you sign the sale and purchase agreement once 10% has been paid. The standard plan spreads payments evenly over about 27 months, with 25% at handover; the special plan requires 30% before handover; fast payment earns a 13% incentive (August 2026 policy).
Loans and interest-rate support
Banks lend up to 75%; the developer provides 0% interest support on outstanding debt of up to 55% of the unit value for 24 months, not beyond the handover date. After the support period, OCB applies its base rate + 3.5% per year — work out your monthly repayments in advance.
Regional infrastructure — expected timelines
The An Phu interchange is partly in operation and expected to be completed at the end of 2027. The Thu Thiem – Long Thanh railway is expected to be completed in 2030, with Binh Trung station expected near the An Phu interchange. Phase I of the riverside park is expected to be finished in Q1 2027.
An established, lived-in township
Palm Residence (handed over in 2017) and Palm Heights (2019) are already occupied; The American School and an international hospital are inside the township. Palm River has 620 apartments, nearly 80% of them corner units.
When you want to resell or rent out
After handover, you can consign your property for resale or rent with HPR: HPR verifies the documents, surveys the property, advises on the asking price, then markets it and shows it to prospective buyers or tenants.
Risks to check for yourself
The sub-zone's legal documents have not been published on this page, and the developer has not published a unit-by-unit price list. Handover is an expected date; the binding date is the one in the sale and purchase agreement. The project is riverside, and there is no information yet on the ground elevation or basement flood protection (how to check flooding); the management fee has not been announced.
Palm River Project Overview
Palm City (legal name: Nam Rach Chiec Central Area Project) is a 30.6 ha riverside township developed by Huong Viet Properties. The sub-zone now on sale is Palm River — plot CC3, a high-rise apartment complex with commercial and service space.
- Trade name
- Palm River — a sub-zone of the Palm City township
- Palm River address
- Quarter 19, Binh Trung Ward, Ho Chi Minh City (formerly An Phu Ward, Thu Duc City)
- Developer
- Nam Rach Chiec Co., Ltd.
- Development company
- Huong Viet Properties JSC
- Project management consultant
- Core Asia PM
- Architecture
- DP Architects (Singapore, concept), NPH Consultants (local), facade by FCD
- Landscape / interiors
- LJ-Group / Dark Horse Architects
- Structure & infrastructure / MEP
- Acons / ASP
- Piling and diaphragm walls
- Fecons South
- Township size
- 30.6 ha along the Giong Ong To River
- Palm River site area
- 1.89 ha
- Palm River scale
- 4 towers, 36 floors above ground, 2 basements, 149.45 m high; commercial podium of about 30,000 m² floor area
- Palm River products
- 620 apartments, 13 podium shophouses, 71 officetels
- Unit types
- studio, 1-bedroom, 2-bedroom, 3-bedroom, duplex, penthouse, shophouse — from 34.86 m² to over 300 m² (per The Investor, 17 June 2026)
- Palm River building density
- 39.5%, green coverage 20%
- Parking
- 633 car spaces, 1,240 motorbike spaces (2 basements), about 1 car space per apartment
- Green standard
- designed to EDGE criteria
- Palm River construction start
- 16 June 2026
- Expected handover
- Q1 2029
Palm River Apartment Types
Areas per the Palm River brochure: gross / net. The 620 apartments comprise 2-bedroom (328 units), 3-bedroom (242 units), duplex (42 units) and penthouse (8 units). Nearly 80% of the apartments are corner units, with living room and bedroom ceilings of about 3.15 m and floor-to-ceiling Low-E glass.
Studio
41.3 m² gross / 37.3 m² net. An open SOHO-style space for working from home.
1 bedroom
65.9 m² gross / 60.2 m² net.
2 bedrooms
84.9–85.9 m² gross / 75.8–76.9 m² net, with smart-home features; corner units available. Special 2-bedroom units: 120.2–121.9 m² gross / 110.9–111.7 m² net.
3 bedrooms
125.3–126.1 m² gross / 115.2–115.3 m² net, with natural light and river and greenery views.
Special 3 bedrooms
157 m² gross / 144 m² net (tower T4, floors 5–19).
Duplex
42 two-level duplexes on floors 21–34 with double-height living rooms. Total area about 230–302 m² gross / 210–280 m² net depending on the type (A, B, C, D).
Penthouse
8 penthouses on the top floors of Palm River.
Shophouse
13 podium shophouses along Palm River's retail frontage.
Handover standard
600×1200 porcelain floor tiles, wooden flooring in bedrooms; induction hob, cooker hood, oven; ceiling-concealed air conditioning; fingerprint door lock; premium sanitary ware (per the developer's provisional handover list).
Palm River Amenities
Palm River has 68 on-site amenities on the 1st, 2nd and 20th floors, open to residents of all 4 towers. Beyond them lies the shared infrastructure of the Palm City township: a riverside park of nearly 3 km, an international school and an international hospital.
Illustrative renderings based on the developer's materials.
20th-floor infinity pool
An infinity pool on the high-level amenity floor, with water kept at about 27°C for comfortable swimming all year round; plus a walking garden, yoga and a sky BBQ area.
Sky Onsen & spa
A 210 m² sky onsen (separate men's and women's areas; about 40 people), cold plunge pool, sauna and treatment massage rooms — relaxation right inside the building.
Sky Gym
A high-level gym of about 208 m² for about 40 people, with full-height glass facing Thu Thiem.
Golf simulator & entertainment
A 78 m² golf simulator room, a 25-seat family cinema, a multi-purpose entertainment hub and a library of about 70 seats.
Kid's Club & families
Kid's Club, children's pool, water park and playground; a 1,404.52 m² on-site kindergarten — children play and learn right downstairs.
Arrival lobby & residents' lounge
An arrival lobby with a ceiling of nearly 6 m, a 178 m² reception lounge (about 140 people) and a community lounge — host guests and gatherings without leaving home.
70 m swimming pool
A 70 m resort-style pool on the 1st floor overlooking the water, with jacuzzi and sun deck.
Riverside park of nearly 3 km
Riverside jogging and cycling paths, pickleball courts, a meditation and yoga park and a herb garden in the township.
Work & shopping
Co-working space, River View Lounge, café terrace; a commercial podium of about 30,000 m² floor area on the 1st–2nd floors, with escalators to the 2nd floor.
Security & building services
Lift lobbies with Face ID, fingerprint and key card access; CCTV throughout; 100% backup power; two-stage water filtration with UV.
Palm River Master Plan
The Palm City township comprises 6 residential sub-zones, the Palm Landmark iconic tower, a shopping centre, offices, a hospital and an international school. Palm River consists of 4 towers, T1–T4, on a 1.89 ha site, with 4–6 units per floor and 5 lifts per tower (including 1 service lift); every unit has two open sides.
Illustrative drawings; final design as per the sale and purchase agreement.
Palm City master plan
Palm Residence (townhouses, handed over in 2017) and Palm Heights (apartments, handed over in 2019) are already home to residents. Palm River is the next sub-zone, on the Giong Ong To River next to Binh Trung station.
Tower 3 — typical floors 4–19, 21–26
6 units per floor: two 84.9 m² corner 2-bedroom units, a 85.9 m² 2-bedroom, a 120.2 m² special 2-bedroom, a 125.3 m² corner 3-bedroom and a 126.1 m² 3-bedroom (gross area).
Tower 4 — typical floors 5–19
2-bedroom, special 2-bedroom, 3-bedroom and a 157 m² gross special 3-bedroom unit.
Tower 4 duplex floors (floors 21–34)
The upper floors mix two-level duplexes with 2- and 3-bedroom units; duplexes measure about 230–302 m² gross (both levels combined).
Palm River FAQ
Updated 18 Oct 2026
Palm River is the CC3 high-rise apartment complex with commercial and service space within the Nam Rach Chiec Central Area Project. The sub-zone's legal documents are not yet posted on this page. Before paying, we recommend asking to see the construction permit and the document confirming the off-plan housing is eligible for sale (5 groups of documents to check); an HPR consultant will update you when official documents are available.
From VND 168 million/m², including VAT and maintenance fee (per the sales policy publication). Each unit's price depends on the tower, floor, view and payment plan — HPR sends the unit-by-unit price list when you leave your phone number.
Fast plan 13%, standard plan 11%, special plan 6.5%; plus 1% for loyal customers and up to 1.5% for buying multiple units. The Early Birds offer ended on 30 September 2026.
Fast payment (70% up to signing the sale and purchase agreement) earns a 13% incentive. The loan plan requires only 10% of your own funds up to signing; the bank disburses 55% with 0% interest support for 24 months, but the materials do not yet state a price incentive for this plan. An HPR consultant will send you a stage-by-stage cash-out comparison of the plans for the unit you choose.
Banks lend up to 75%; the developer covers interest (0%) on up to 55% of the unit value for 24 months (not beyond the handover date); principal grace period of 36–60 months. OCB offers loan terms of up to 40 years.
The booking fee is VND 100 million. Under the standard, special and loan plans, buyers sign the sale and purchase agreement after paying 10% (5% on signing the privileged account agreement + 5% on signing the agreement, booking fee deducted); under the fast plan, 70% is paid up to signing.
Expected in Q1 2029 (per Cong Thuong Magazine, 8 October 2026). Construction of Palm River started on 16 June 2026. The binding milestone for buyers is the one stated in the sale and purchase agreement.
After handover, you can consign your property for resale or rent with HPR. HPR surveys the property and advises on an asking price based on the market at the time of consignment; HPR does not commit to a selling time, sale price or rent.
Nothing is guaranteed. The An Phu interchange is expected to be completed at the end of 2027 and the Thu Thiem – Long Thanh railway in 2030 — these are expected timelines as of the update date and may change. Infrastructure is only one factor and does not guarantee any price increase.
Palm River (plot CC3) is a high-rise apartment complex with commercial and service space within the Nam Rach Chiec Central Area Project (Palm City), Quarter 19, Binh Trung Ward, Ho Chi Minh City. The developer is Nam Rach Chiec Co., Ltd., and the project is developed by Huong Viet Properties.
The project is in Binh Trung Ward, surrounded by the Giong Ong To River and Muong Kinh canal. According to Dai bieu Nhan dan (December 2025), from early 2025 to the end of November 2025 Ho Chi Minh City had more than 75 days with tides above alert level I; the wards of former Thu Duc named among the hardest hit were An Khanh, Phuoc Long and Phu Huu — Binh Trung is not on the list. HPR has not found any press report of flooding on the Palm River site. The developer materials HPR currently holds do not state the ground elevation, drainage system or flood protection for the 2 basement levels. We recommend visiting at high tide and asking the developer to provide this information in writing. See also: how to check flooding and high tides when choosing a project.
Yes. The 68 amenities on the 1st, 2nd and 20th floors are for all Palm River residents.
Basic finishing with kitchen cabinets, induction hob, cooker hood, oven, ceiling-concealed air conditioning, sanitary ware and a fingerprint door lock (per the developer's provisional list).
Two connected basements with 633 car spaces and 1,240 motorbike spaces.
Palm River Advice with HPR
HPR consultants advise on Palm River and support you from choosing a unit and planning cash flow for your payment plan through to signing the agreement with the developer.
- Information backed by documentsEvery policy and price list HPR sends is dated and sourced from the developer.
- Loan application supportWe work with OCB and the developer's designated banks to prepare your application.
- With you until handoverPayment reminders and help with handover and certificate procedures.
Get the Palm River Price & Cash-Flow Sheet
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