Launching 2026 Palm River
Boutique dual-riverfront apartments — 34.86 to 300+ m², 40+ wellness amenities.
Huong Viet Properties · A 30.2-ha township next to Thu Thiem
Urban Retreat in the City — where nature and prosperity exist in harmony. The Palm River precinct launches in 2026: boutique dual-riverfront apartments, 34.86 – 300+ m².
In a world where success is often achieved at the cost of depletion, Palm City believes true prosperity comes from living in harmony with nature — where energy is renewed, not exhausted.
Palm City is a 30.2-hectare integrated riverside township in Binh Trung Ward, Ho Chi Minh City (former District 2), developed under the “Urban Retreat in the City” philosophy. Nam Rach Chiec Co., Ltd. is the investor and Huong Viet Properties has developed and operated the project since 2025. The masterplan comprises 6 residential precincts alongside a shopping centre, the iconic Palm Landmark tower, Grade A+ offices, The American School (TAS), an international hospital and nearly 3 km of riverside parkland.
| Project name | Palm City (Nam Rach Chiec township) |
|---|---|
| Location | Song Hanh Road, Binh Trung Ward (former District 2), HCMC |
| Investor | Nam Rach Chiec Co., Ltd. |
| Developer | Huong Viet Properties |
| Scale | 30.2 ha — 6 precincts, 100+ amenities |
| New precinct | Palm River — expected launch 2026 |
| Unit sizes | 34.86 m² to over 300 m² |
| Green standard | Pursuing EDGE certification (≥20% savings) |
30.2 hectares planned as 6 residential precincts, an international school, a hospital, an iconic tower and nearly 3 km of riverside parkland. Tap the dots on the aerial to explore.
*Illustrative aerial based on developer materials (07/2026) — the masterplan may be adjusted. Marker positions are approximate.
A sunset jogging loop through the landscaped grounds
A quiet strolling loop between themed gardens
A riverside experience loop — life by the water
Over 500 m of shopfronts, outdoor cafeteria & dining decks
Community herb garden, gathering lawn, grass grandstand, hammock corner
Pickleball, volleyball, multi-purpose court, table tennis, bocce
20+ riverside experiences: ecological observatory, pet park, private running track, natural playground
Launching 2026 Boutique dual-riverfront apartments — 34.86 to 300+ m², 40+ wellness amenities.
Handed over Riverside apartment towers from the earlier phase — an established community.
Handed over A completed low-rise landed compound wrapped in parkland.
Operating The American School (TAS) inside the township — international education standards.
Planned International-standard healthcare right inside the township.
Planned The iconic tower, shopping centre and Grade A+ offices.
🏆 Best Innovative Integrated Residence 2026 

A boutique apartment precinct on a rare dual-riverfront site at the heart of the township. With a building footprint of only ~21%, biophilic design inspired by palm canopies and flowing water, and Wabi-Sabi-inspired interiors — every day becomes a journey of regeneration.
The developer has not released the official price list yet. Expected from ~VND 3.8 billion (indicative) — the previous apartment phase in this area was referenced at ~VND 55–65 million/m². Register to receive the original price list the moment it is published.
| Unit type | Size (indicative) | Price |
|---|---|---|
| Studio / 1-bedroom | 34.86 – 50 m² | Released at launch — get it via Zalo |
| 2-bedroom | ~55 – 80 m² | Released at launch — get it via Zalo |
| 3-bedroom | ~85 – 120 m² | Released at launch — get it via Zalo |
| Duplex / Penthouse / Sky villa | up to 300+ m² | Released at launch — get it via Zalo |
*Indicative size mix based on the developer’s “34.86 m² to over 300 m²” announcement (07/2026); the unit mix may change at the official launch.
Earlier phase
Palm Residence & Palm Heights completed — an established community
2025
Keppel divested; Huong Viet Properties took over development
06/2026
Township kick-off & Palm River precinct reveal
07/2026
Two Dot Property Vietnam Awards 2026
Expected 2026
Palm River official launch (prices released at launch)
2026 – 2030
Phased development & handover (per the developer’s announcement)
*“Expected” milestones follow developer materials at the time of writing and may change.
📍 Song Hanh frontage road of the HCMC – Long Thanh – Dau Giay Expressway, Binh Trung Ward (former District 2), HCMC
Palm River prices and policies will be announced at the 2026 launch. Register now to receive the developer’s original price list, priority unit selection by aspect, floor and river view, and a site-visit schedule.
The township’s investor is Nam Rach Chiec Co., Ltd.; Keppel Land divested in 2025 and Huong Viet Properties now develops and operates the new phase. Palm Residence, Palm Heights, the international school and the riverside parks were completed in the earlier phase. Please verify the selling entity and each precinct’s legal status before transacting — this is reference information.
Palm River is the newest apartment precinct, opening the 2026–2030 phase under the Luxury Boutique Apartment concept — “Resort Living in the Heart of the City”. It sits on a dual-riverfront site with a ~21% building footprint, offers units from 34.86 m² to 300+ m² penthouses and sky villas, and over 40 wellness amenities. Expected to launch in 2026.
Expected from ~VND 3.8 billion (indicative — official prices are released at launch). The previous apartment phase in the area was referenced at ~VND 55–65 million/m². Register with Happy Land to receive the developer price list the moment it is published, plus early-phase priority policies.
Palm City is in Binh Trung Ward, HCMC (former District 2), fronting the expressway’s Song Hanh road, next to the Thu Thiem International Financial Centre. About 3 minutes to the An Phu Interchange and the Long Thanh Expressway, ~10 minutes to Thu Thiem, ~12 minutes to District 1 and ~30 minutes to Long Thanh International Airport (future).
Over 100 amenities across the township: nearly 3 km of riverside park, a 500+ m Commercial Lane, The American School (TAS), an international hospital and the iconic Palm Landmark tower. Palm River adds 40+ wellness amenities: Sky Onsen, jjimjilbang, an Olympic-standard pool, a sky infinity pool, cold plunge, hydrotherapy, Sky Gym & Pilates…
Apartment precincts apply the 30% foreign ownership quota per tower, with a 50-year ownership certificate (renewable). Foreigner-quota units usually sell out early — confirm per tower at launch. Happy Land assists foreign buyers with quota checks and legal procedures in English.
At the Dot Property Vietnam Awards 2026 (07/2026), Palm City won “Best Luxury Urban Lifestyle Development Vietnam 2026” and Palm River won “Best Innovative Integrated Residence Vietnam 2026”. Palm River is also pursuing EDGE green certification (≥20% savings in energy, water and materials).
Happy Land is an authorized distributor — you pay exactly the developer’s list price with no markup, while getting help with unit selection from the live inventory, legal advice, payment policies and bank-loan connections (typically 70–80%, subject to each bank’s policy). Your contract is signed directly with the developer.