Comparing 3 apartment projects under 3 billion VND near industrial parks

Three apartment projects distributed by HPR all have units priced from under 3 billion VND and lie near industrial parks: Monrei Saigon (Thuan Giao), Maison Grand Phu My (Phu My) and Green Skyline (Dong Hoa). The figures below are taken from each project's page on the HPR website, with the update dates. The article does not rank any project as better. Each suits a different need and financial plan.

Quick comparison table

Criterion	Monrei Saigon	Maison Grand Phu My	Green Skyline
Location	Frontage on Nguyen Thi Minh Khai street, Thuan Giao ward (former Thuan An)	Junction of National Highway 51 and Nguyen Trai, Phu My ward	Frontage on National Highway 1K, Dong Hoa ward (former Di An)
Nearby industrial parks, workplaces	Many FDI industrial parks around the project; a private access road of about 300 m to Ring Road 3	Between Phu My and My Xuan industrial parks; 10 minutes to Cai Mep – Thi Vai port	5 minutes to Song Than industrial park; 10 minutes to the Hi-Tech Park and Linh Trung 1 export processing zone
Price from	1.93 billion VND (Mio unit, Detox 2 tower); 1.97 billion VND in Onsen tower — excluding VAT and maintenance fee; updated 18 October 2026	1.97 billion VND (1BR+ unit) — excluding VAT and maintenance fee; inventory of 14 October 2026	2.75 billion VND (1BR+ type A1) — reference price per the developer's documents of June 2026, no unit-by-unit price list yet
Unit types priced from under 3 billion VND	Mio studio 34–41 m² (from 1.93 billion); Nido 2BR 50–56 m² (from 2.54 billion); Amo 2BR 2WC in Onsen tower (from 2.96 billion) — gross area	1BR+ 46–61 m² (from 1.97 billion); 2BR 1WC 54–81 m² (from 2.21 billion); 2BR 2WC 61–64 m² (from 2.53 billion); 2BR+ 68–71 m² (from 2.75 billion); 3BR 72 m² (from 2.88 billion) — net area	1BR+ type A1, 50.54–55.56 m² gross area (from 2.75 billion)
Legal documents in place	Land certificate, construction permit; 1,106 units in Onsen tower eligible for sale (3730/SXD-QLN, 27 June 2025); MB bank guarantee	Construction permit 23/GPXD-SXD; 1,248 units eligible for sale (3077/SXD-QLN, 26 June 2023); model contract registered	Land certificate AA03312996; construction permit 1713/GPXD; 1,296 units eligible for sale (20795/SXD-PTĐT, 19 December 2025); Vietcombank guarantee commitment
Progress	Construction started 12/2023; Onsen tower up to floor 11 (7/2026)	Topped out 12/2024; finishing façade and interiors (9/2026)	Topped out 22 December 2024; 3rd-floor amenities completed (6/2026)
Handover	Expected Q1/2028	Awaiting the developer's official date	Awaiting the developer's official date
Payment, loans	June 2026 policy: 15% own funds on signing, developer interest-rate support at 0% for 18–19 months on loans up to 35% of the price; banks lend up to 80%	4 partner banks lend up to 70% of the contract value; current discount policy being updated	Policy 133/2026 (from 15 September 2026): loans of 50–70%, 15% own funds before handover; 0% interest for up to 18–24 months or fixed 5.5% for up to 36 months

The "from" price is the lowest unit of each type on the update date. Prices vary by tower, floor, orientation and payment option.

Who Monrei Saigon suits

It suits buyers who do not need to move in right away and want to spread their payments over the construction period. Under the June 2026 policy, choosing a loan requires only 15% own funds on signing. Handover is expected in Q1/2028, so it has the longest wait of the three. The Mio and Nido lines (34–56 m²) make up about 63% of units, suiting singles, young couples or buyers who plan to rent to engineers and expatriate specialists. The project is developed by Mitsubishi Corporation. The sale-eligibility document HPR holds is for Onsen tower (A1).

Who Maison Grand Phu My suits

It suits people working at the Cai Mep – Thi Vai port cluster and Phu My and My Xuan industrial parks who want to live near work. It has the most unit types under 3 billion VND: from 1BR+ up to 3BR 72 m². Both towers topped out in 12/2024 and are being finished, so the wait is shorter than for a newly started project. The latest discount policy in HPR's files was valid until 31 July 2026. Ask a consultant which policy currently applies before calculating the price.

Who Green Skyline suits

It suits people working at Song Than industrial park, the Hi-Tech Park or Linh Trung export processing zone, or families who need to be near Vietnam National University Ho Chi Minh City. Under 3 billion VND there is only the 1BR+ unit (from 2.75 billion VND, reference price). The project has topped out and has a land certificate and the most recent sale-eligibility document of the three (12/2025). Policy 133/2026 offers a loan of 50% or 70%, requiring only 15% own funds before handover.

Three easy comparison mistakes

1. How area is measured. Monrei and Green Skyline give gross (wall-centre) area in their price lists; Maison Grand gives net area. Units with the same m² figure but different measurement have different usable space. Convert to the same basis before comparing unit prices.
2. Price before or after VAT. Monrei and Maison Grand prices exclude VAT and the 2% maintenance fee. Green Skyline's reference price does not state this clearly, so you need the unit-by-unit price list.
3. Waiting time to handover. A project handing over in 2028 gives you longer to prepare funds, but also longer before you can live in or rent out the unit. A project that has topped out shortens the wait, but the payments before handover are concentrated in a shorter period.

To find out how much to prepare each month, use the home-buying cash-flow tool. How to read each legal document is covered in checking a project's legal status. If you are buying to rent out, HPR accepts rental consignments after you receive the unit.

1. Fix your total budget. Add VAT and the 2% maintenance fee to the unit price, then subtract the loan to see how much of your own money you need.
2. Try the commute. Travel from the project to your workplace in the morning and evening rush hours, on the route you will take every day.
3. Check the sale-eligibility document. See whether the document number, date of issue and the tower named in it match the tower of the unit you have chosen.
4. Compare payment schedules, not just prices. Ask for the schedule of each instalment under your chosen option, the interest rate after the support period and the expected handover date of that unit.
5. Ask about the management fee and rental rules. If you are buying to rent out, ask about the management fee after handover and the building's rental rules.

This article is for reference only and does not replace legal or financial advice for each specific case.

The figures in this article come from the project pages on the HPR website, compiled from the developers' files and government documents published in each page's Legal section:

• HPR — Monrei Saigon: prices, sales policy, legal status, progress, prices updated 18 October 2026, policy updated 15 October 2026.
• HPR — Maison Grand Phu My: prices, sales policy, legal status, progress, inventory of 14 October 2026, progress updated 18 October 2026.
• HPR — Green Skyline: prices, sales policy, legal status, progress, prices updated 18 October 2026, policy 133/2026/CSBH-TB applicable from 15 September 2026.
• HPR — Apartments under 3 billion VND near industrial parks, 20 October 2026.