Author: AdminHuongViet

Huong Viet Properties has been honoured with two prestigious accolades at the 2026 Dot Property Vietnam Awards, reaffirming its vision of creating integrated urban developments that deliver long-term value and elevate residents’ quality of life.

At this year’s awards in Ho Chi Minh City on July 30, Palm City was recognised as Best Luxury Urban Lifestyle Development Vietnam 2026, while Palm River received the Best Innovative Integrated Residence Vietnam 2026 award.

These recognitions underscore Huong Viet Properties’ long-term development strategy of building integrated urban communities through thoughtful master planning, people-centric design, and sustainable value creation.

Huong Viet Properties develops its projects with the vision of creating integrated living ecosystems, bringing together architecture, nature, lifestyle amenities, wellness facilities, and green building solutions into cohesive master-planned communities. The recognition of both Palm City and Palm River at the Dot Property Vietnam Awards 2026 further validates the company’s commitment to this development philosophy.

“Receiving these two awards at the Dot Property Vietnam Awards 2026 is a meaningful recognition of the development direction that Huong Viet Properties has consistently pursued,” said Nguyen Si Toan, the managing director of High-rise Real Estate Business Division, Huong Viet Properties.

“We believe the true value of a real estate development extends beyond its scale or architectural design. It lies in its ability to create a high-quality living environment where residents can connect with nature, enjoy comprehensive amenities, and experience sustainable value over the long term. These awards inspire us to continue investing in thoughtful planning, innovative design, and human-centric urban developments that enhance everyday living.”

Palm City – redefining resort-inspired urban living

According to the judging panel, Palm City distinguished itself through its ‘Urban Retreat in the City’ development concept, creating a balanced living environment that seamlessly combines the vibrancy of urban life with the tranquillity of nature.

Spanning 30.6 hectares, Palm City is master-planned as an integrated township comprising residential communities, commercial and office spaces, international schools, an international hospital, and approximately 3km of riverside parkland, forming a self-contained ecosystem designed for modern urban living.

Strategically located along the Ho Chi Minh City – Long Thanh – Dau Giay Expressway frontage road, Palm City offers convenient access to the Thu Thiem International Financial Centre, downtown Ho Chi Minh City, Long Thanh International Airport, and key infrastructure projects, including the Thu Thiem – Long Thanh Metro Line, the An Phu Interchange, and Cat Lai Bridge. Its prime location and comprehensive master plan have established Palm City as one of the premier integrated townships in eastern Ho Chi Minh City.

One of the defining factors behind Palm City’s recognition is its ‘Sustainable Luxury’ philosophy, which promotes a harmonious balance between architecture, nature, and quality of life. Leveraging its prime riverside setting, the development maximises water frontage and expansive green spaces to create a healthier microclimate, mitigate the urban heat island effect, and deliver a more comfortable living environment for residents.

Palm City also features more than 100 on-site lifestyle amenities, including international schools, an international hospital, retail and commercial facilities, sports and recreation areas, riverside parks, and vibrant community spaces.

According to the judging panel, Palm City’s ability to provide a comprehensive live–learn–work–play environment within a single integrated township sets it apart from conventional residential developments. This holistic approach reflects the evolving expectations of today’s homebuyers and aligns with global trends in premium urban living.

Palm River – an integrated residential concept shaping a new lifestyle standard

As the newest residential precinct within Palm City, Palm River has been developed under the Luxury Boutique Apartment concept, inspired by the vision of ‘Resort Living in the Heart of the City’.

Occupying a prime dual-riverfront location at the heart of the township, Palm River offers residents a tranquil nature-inspired environment while enjoying seamless access to the fully established infrastructure and comprehensive amenities of Palm City.

According to the awards organiser, Palm River stands out through its Biophilic Design philosophy, complemented by Wabi-Sabi-inspired interiors, creating living spaces that foster a closer connection with nature while embracing simplicity, balance, and wellbeing.

The development also incorporates more than 40 wellness and water-inspired amenities, including a Sky Onsen, Cold Plunge Therapy Pool, a 70-metre lap pool, infinity pool, private spa, Sky Yoga Deck, Sky Gym & Pilates studio, golf simulator, clubhouse, sky observation deck, and a collection of riverside relaxation spaces. Together, these facilities are thoughtfully designed to support the lifestyle aspirations of today’s wellness-conscious urban residents.

Palm River demonstrates a strong commitment to sustainability through the integration of green building solutions from the earliest planning stages. The project is pursuing EDGE certification, targeting a minimum 20 per cent reduction in energy, water, and embodied material consumption through high-performance glazing systems, insulated roofing, LED lighting, water-efficient sanitary fixtures, and environmentally responsible construction materials.

The development also incorporates a two-stage water filtration system with UV purification technology, low-emission E1-certified materials, and design strategies that optimise natural ventilation and daylight throughout each residence.

According to the judging panel, Palm River’s seamless integration of sustainable design, modern technology, and wellness-focused amenities represents an innovative residential model that embraces the future of sustainable urban living, earning it the Best Innovative Integrated Residence Vietnam 2026 title.

Advancing people-centric urban development

The two accolades at the Dot Property Vietnam Awards 2026 further reinforce Huong Viet Properties’ growing presence in Vietnam’s real estate market and reflect the company’s commitment to developing integrated urban communities that meet international standards.

Palm City and Palm River have been recognised as exemplary developments that embody the future of modern urban living, where architecture, nature, lifestyle amenities, and sustainability come together to create lasting value for residents while contributing positively to the evolution of Vietnam’s real estate landscape.

Looking ahead, Huong Viet Properties will continue to expand its project portfolio in line with its long-term development strategy, placing residents’ needs and experiences at the heart of every project. The company remains committed to continuously enhancing planning, design, development, and operational excellence to deliver sustainable value for communities and future generations.

Source by Thanh Van – VIR

Real estate developer Huong Viet Properties is building a sustainable growth platform combining development expertise, operational excellence, and long-term value. Nguyen Si Toan, managing director of High-rise Real Estate Business Division, spoke with VIR’s Bich Ngoc about the company’s strategies and competitive advantages.

What do you see as the key drivers shaping Vietnam’s high-rise residential market in the years ahead?

Looking at the broader picture, Vietnam’s high-rise residential market, particularly in Ho Chi Minh City, is entering a new growth cycle driven by three fundamental factors: infrastructure development, constantly changing homebuyer preferences, and theconsolidation of property developers.

Between 2026 and 2030, we will see a series of major infrastructure projects becoming operational on completion, including the An Phu Interchange, metro lines, ring roads, and transport links to Long Thanh International Airport. History has consistently shownthat infrastructure serves as a powerful driver for influencingproperty values and redefining market dynamics.

At the same time, homebuyers are increasingly shifting their preferencetowards real value as the era of purely speculative investment is fading. Today’s buyers make purchasing decisions based on the overall living experience, including legal transparency, the quality of the living environment, and integrated amenities.

Finally, the market is undergoing natural consolidation among developers. Those with strong financial capabilities and proven execution capacity will emerge as market leaders. More importantly, buyer confidence, which has been eroded in recent years, will gradually be restored by developers that consistently deliver on their commitments.

Could you elaborate on Huong Viet Properties’ strategic direction for the high-rise residential segment?

Huong Viet Properties positions itself as an integrated real estate developer with a long-term vision, built on three complementary pillars: residential, commercial, and industrial real estate.

In the high-rise residential segment, our strategy is not to pursue scale, but rather to focus on selective, value-driven development. We remain committed to acquiring clean land in locations that combine three key advantages: proximity to the city centre, waterfront settings, and major transport corridors.

Our developments are positioned within the premium segment and distinguished by their unique characteristics. Rather than targeting the mass market, we focus on discerning homebuyers who place a high value on quality living, refined aesthetics, and an elevated residential experience.

At the heart of Huong Viet Properties’ philosophy is the creation of enduring value. We aim to deliver projects thatprovide exceptional living environments andoffer sustainable long-term capital appreciation for our customers.

The launch of the Palm River precinct is expected in 2026. What role will it play in the overall development strategy of Palm City as well as Huong Viet Properties’ investment portfolio?

Palm River carries dual strategic significance. Not only does it complete the Palm City township, but it also serves as a strong testament to Huong Viet Properties’ development capabilities and long-term vision.

Within Palm City, Palm River is a pivotal precinct that opens the next chapter in the development of the more than 30-hectare integrated township. Scheduled for launch in 2026, it will immediately benefit from the established community at Palm Heights and Palm Residence, while also capitalising on the steady completion of surrounding infrastructure as planned.

For Huong Viet Properties, Palm River is a clear demonstration of our execution capability and strategic commitment to eastern Ho Chi Minh City. Together with key developments such as The Hallmark, The West, Prodezi, and LA Home, Palm River further strengthens our premium project portfolio and reinforces our ambition to become a trusted new force in Vietnam’s real estate market.

What are the key changes in Palm City’s repositioning and upgrading strategy to enhance value for the market?

The most fundamental transformation of Palm City under Huong Viet Properties’ stewardship is its evolution into an “Urban Retreat in the City”, a resort-inspired urban community at the heart of Ho Chi Minh City.

Rather than maximising saleable space, we have redefined the master plan to create a more balanced living environment by integrating waterways, green spaces, and open public areas into residents’ daily lives. A comprehensive ecosystem of amenities, including an international school, healthcare facilities, retail and commercial spaces, and notably, a nearly three-kilometre riverside park, and world-class amenities. Ultimately, these projects are distinguished by their inherent scarcity.

Our vision is to create a destination where residents can enjoy the tranquillity and lifestyle of a premium resort while remaining in the heart of southern Vietnam’s most dynamic economic centre.

How do you see homebuyer demand evolving in the high-rise residential segment, and how will Huong Viet Properties adapt to meet these changing preferences?

From a high-rise residential developer perspective, I have observed an obvious shift in buyer preferences. Today’s homebuyers are no longer persuaded solely by location or price, but they are looking for a living environment and an integrated lifestyle ecosystem. They are increasingly willing to pay a premium for projects that offer lower residential density development, river views, and world-class amenities. Ultimately, these projects are distinguished by their inherent scarcity..

Therefore, Palm River has been conceived around three core principles from the very beginning: low-density planning, product diversity, and a premium living experience.

We have maintained a residential building footprint of only around 21 per cent, allowing most of the site to be dedicated to landscaping, amenities, and unobstructed views. The project offers a diverse range of residences, from compact units of just over 33 sq.m to penthouses and sky villas exceeding 300 sq.m, catering to everyone from young professionals to multi-generational families.

Most importantly, every unit has been designed to maximise views of the Giong Ong To River while offering an exclusive collection of resort-inspired amenities, including a Sky Onsen, Cold Plunge pools, an infinity pool, a 70-metre lap pool, and hydrotherapy pools. Together, these features create a daily holistic wellness experience that allows residents to rejuvenate without leaving home, an increasingly important expectation among today’s affluent homebuyers.

Source: https://vir.com.vn/huong-viet-properties-strengthens-integrated-real-estate-vision-155782.html

The recent start of Palm River subdivision is considered the opening milestone for the next phase of development of Palm City, an urban area with a scale of more than 30 hectares in Nam Rach Chiec, Ho Chi Minh City. Ho Chi Minh City.

Ensuring connectivity throughout the area

The groundbreaking event of Palm River subdivision, high-rise apartment complex combined with trade – service 3 continues to mark the implementation of items according to the master plan of the Palm City project, the Nam Rach Chiec central project, in which the residential subdivisions, technical infrastructure and utility systems are deployed to ensure connectivity throughout the urban area.

In the field of real estate development, the 1/500 detailed planning is considered an important basis for implementing construction investment, clearly defining land use functions, architectural planning targets, technical infrastructure systems, internal traffic networks and work items in the project.

At the same time, the detailed planning is also the basis for managing the construction implementation in accordance with the approved orientation, ensuring consistency in the entire urban area.

The early completion of the detailed plan also creates conditions for items to be implemented in a synchronous direction, from technical infrastructure to landscape space and public utilities, and at the same time helps the process of providing planning information to customers and residents to be carried out more clearly in each stage of development.

In parallel with the development of new subdivisions, the investor said that it is continuing to complete the infrastructure and utility system for the entire urban area, including a riverside park nearly 3 km long, a system of internal parks, sports and health care areas, community living areas and an internal road network connecting existing subdivisions.

Landscape items such as trees, walking paths, outdoor living areas and public spaces are also continuing to be implemented in stages, associated with the progress of completing the general technical infrastructure of the project.

Gradually completing the utility system

The addition of green space and internal utilities is carried out simultaneously with construction items, in order to gradually complete the utility system to serve the living needs of residents in the urban area.

In addition to construction investment activities, businesses are also continuing to implement legal procedures for areas that have been put into use.

According to the business representative, the issuance of house ownership certificates in Palm Heights, a 2-storey apartment, is being promoted according to the schedule to soon complete the handover to residents.

For the Palm Residence subdivision, OTM2 low-rise housing, relevant legal procedures are being implemented in accordance with regulations to complete the basis for signing the official purchase and sale contract, and at the same time carry out the procedures for granting house ownership certificates in the coming time.

At the same time, the management and operation of common infrastructure in the urban area is also being coordinated and implemented between relevant units, including the internal traffic system, landscape, trees and public utility areas, to ensure synchronous operation in the whole area.

In the coming time, Palm City is expected to continue to be invested and completed in a long-term development orientation, focusing on completing technical infrastructure, utility systems and items serving residents, according to the overall development plan in the East of Ho Chi Minh City. Ho Chi Minh City.

Source: https://tuoitre.vn/nhung-tin-hieu-tich-cuc-ve-phap-ly-va-trien-khai-cua-palm-city-100260627171324265.htm

The Palm City project is entering a new stage of development when the Palm River subdivision officially starts, and at the same time continues to promote infrastructure investment and complete the legal requirements for existing subdivisions. The business affirms transparency and develops the project in a sustainable direction.

Synchronizing infrastructure, completing the legal foundation

Recently, Nam Rach Chiec Co., Ltd. and Huong Viet Properties (HVP) have officially started the construction of the Palm River subdivision of the Palm City project, an urban area with a scale of more than 30 hectares in Nam Rach Chiec, Ho Chi Minh City. Ho Chi Minh City. This event marks a new stage of development of Palm City and is a testament to the project’s active implementation, on schedule and in full compliance with the law.

Sharing about the legal basis of the Palm River subdivision, the representative of the business said that this subdivision is exempt from construction permits according to regulations and has a detailed plan of 1/500 approved by the competent authority. Completing the planning early helps ensure synchronous implementation items, and at the same time creates a clear legal basis for customers to access planning information and urban development orientations.

In parallel with the development of new subdivisions, the enterprise continues to invest in synchronously completing the infrastructure system, landscape and utilities of the entire urban area. In particular, many items are being implemented such as: riverside park nearly 3 km long, internal park system, sports and health care center, internal road network and utilities serving the existing resident community.

The increase in green area and the addition of utilities contribute to improving the quality of life for residents, gradually making Palm City a green resort urban area in the heart of the city, where residents enjoy a living space close to nature right in the center of Ho Chi Minh City. Ho Chi Minh City.

Along with the process of investing in infrastructure and deploying new subdivisions, Nam Rach Chiec also focuses on completing legal procedures for subdivisions that have been put into operation. In particular, the issuance of house ownership certificates (pink book) to residents in Palm Heights is being accelerated.

For the Palm Residence subdivision, legal procedures continue to be carried out in accordance with regulations in order to sign a purchase and sale contract and issue a pink book to residents in the near future.

The representative of the business said that the gradual completion of the legal requirements for the subdivisions that have been put into operation not only shows the commitment to long-term companionship with the resident community but also contributes to strengthening the value of assets as well as customers’ trust in Palm City.

Information transparency, consistency in long-term development strategy

In the process of implementing the Palm City project, the representative of Nam Rach Chiec Co., Ltd. affirmed that it will continue to pursue a transparent development orientation, fully comply with legal regulations and long-term investment. The enterprise also affirmed that it will ensure transparency and strict compliance with regulations throughout the entire project development process.

Regarding the Decision No. 335/QD-XPHC of the Inspectorate of the State Securities Commission (SSC) sanctioning administrative violations against Nam Rach Chiec Co., Ltd. recently announced, the representative of the enterprise informed that this decision is related to the use of part of the capital obtained from the private placement of bonds that is not in accordance with the plan announced with the investors in the previous period.

In particular, the content of the sanction is not related to the project’s legality, construction progress, or the interests of customers and residents in Palm City. This is a matter of financial information disclosure procedures in the past, and all related contents have been fully disclosed by the Company to the SSC from May 9, 2025 in accordance with regulations.

Also according to the information announced on May 9, 2025, Nam Rach Chiec Co., Ltd. has ahead of schedule the entire two lots of NRCCH2125001 bonds worth VND 1,300 billion and NRCCH2226001 worth VND 700 billion. The early settlement means that the enterprise has fulfilled all financial obligations to bondholders, including the interest of nearly VND 149 billion paid in 2024. “This is a clear demonstration of Nam Rach Chiec Co., Ltd.’s responsible financial commitment to investors,” the business representative affirmed.

In the coming time, Nam Rach Chiec Co., Ltd. affirms that it will continue to invest in improving the urban ecosystem in Palm City in the direction of sustainable and long-term development, focusing on product quality, actual use value and living experience of residents. At the same time, continue to accompany customers, residents and partners in the process of developing Palm City to become one of the typical urban areas of the East of Ho Chi Minh City. Ho Chi Minh City.

Source: https://baodautu.vn/palm-city-buoc-vao-giai-doan-phat-trien-moi-voi-nhieu-chuyen-dong-tich-cuc-d629011.html