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
PALM CITY
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.
🏆 Best Luxury Urban Lifestyle Development 2026 🏆 Best Innovative Integrated Residence 2026 — Palm River
30.2 ha Township area
6 zones Planned residential precincts
3 km Riverside parkland (nearly 3 km)
100+ On-site amenities
40+ Palm River wellness amenities
21% Palm River building footprint
Overview
A place to regenerate your energy every day
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 — first sales phase open (Sept 2026) |
| Unit sizes | 34.86 m² to over 300 m² |
| Green standard | Pursuing EDGE certification (≥20% savings) |
Masterplan
A green peninsula embraced by the river
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.
Amber Run Loop
A sunset jogging loop through the landscaped grounds
Sanctuary Loop
A quiet strolling loop between themed gardens
River Pulse Loop
A riverside experience loop — life by the water
🛍️ Commercial Lane
Over 500 m of shopfronts, outdoor cafeteria & dining decks
🌿 Community Pocket Park
Community herb garden, gathering lawn, grass grandstand, hammock corner
🏓 Wellness Sport Hub
Pickleball, volleyball, multi-purpose court, table tennis, bocce
🦜 Ecological Riverside Promenade
20+ riverside experiences: ecological observatory, pet park, private running track, natural playground
Precincts & facilities
The Palm City ecosystem — from existing precincts to future landmarks
Launching 2026 
Handed over Palm Heights
Riverside apartment towers from the earlier phase — an established community.
Handed over Palm Residence
A completed low-rise landed compound wrapped in parkland.
Operating The American School
The American School (TAS) inside the township — international education standards.
Planned International hospital
International-standard healthcare right inside the township.
Planned Palm Landmark & Office A+
The iconic tower, shopping centre and Grade A+ offices.
🏆 Best Innovative Integrated Residence 2026 
Launching 2026
Palm River — Resort Living in the Heart of the City
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.
- 34.86 – 300+ m²from 1-bedroom units to penthouses & sky villas
- 40+ amenitieswater-themed wellness & hydrotherapy
- EDGE target≥20% savings in energy, water & materials
Sky Onsen Korean jjimjilbang Olympic-standard pool Sky infinity pool Cold plunge pool Hydrotherapy pool Sky Yoga Deck Sky Gym & Pilates 3D golf simulator Cinema & karaoke
ArchitectureDPA (Singapore)InteriorsDark Horse (Australia)LandscapeLJ-Group (Brazil)Green buildingArdor GreenProject managementCore
Price list
Palm River price list 2026
Palm River is in its first sales phase. According to distribution agents (Sept 2026), prices start from about VND 168 million/m² of net floor area — including VAT and the maintenance fund, before discounts (indicative). Each unit’s price depends on floor, aspect and payment option — get the original price list and remaining inventory via Zalo.
| Unit type | Size (indicative) | Indicative price |
|---|---|---|
| Studio | ~41 m² | from ~VND 6.3 bn |
| 1-bedroom | ~66 m² | from ~VND 9.7 bn |
| 2-bedroom | ~77 – 120 m² | from ~VND 12.7 bn |
| 3-bedroom | ~115 – 157 m² | from ~VND 19.4 bn |
| Duplex / Penthouse | ~180 – 350 m² | not yet announced |
Palm City (Palm River) price list →
*Indicative prices compiled from distribution agents (09/2026): ~VND 168 million/m² net floor area, including VAT and the maintenance fund, before discounts; sizes are gross (wall-centre) areas from the circulated layouts. The developer has not posted a price list on its official website — contract prices follow each phase’s price list and sales policy at the time of purchase.
Gallery
Touch the rhythm of Palm City
Roadmap
The Palm City journey → 2030
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
08/2026
Palm River sales kick-off & price announcement (per distribution agents)
09/2026
First sales phase — from ~VND 168m/m² (indicative)
Q4/2028 – Q1/2029
Expected Palm River handover (sources differ)
2026 – 2030
Phased development & handover (per the developer’s announcement)
*“Expected” milestones follow developer materials at the time of writing and may change.
Location
The connectivity heart of the East
📍 Song Hanh frontage road of the HCMC – Long Thanh – Dau Giay Expressway, Binh Trung Ward (former District 2), HCMC
Transport
- An Phu Interchange3 min
- HCMC – Long Thanh – Dau Giay Expressway3 min
- Thu Thiem – Long Thanh metro (planned)3 min
- Thu Thiem metro station5 min
- Cat Lai Bridge (future)12 min
- Long Thanh Int’l Airport (future)30 min
Education
- The American School (TAS)3 min
- Australian Int’l School (AIS)7 min
- Saigon Star Int’l School8 min
- VAS International School10 min
- British Int’l School (BIS)17 min
- ISHCMC20 min
Shopping & leisure
- Rach Chiec Sports Complex5 min
- Thiso Mall10 min
- Vincom Mega Mall12 min
- Estella Place12 min
- Thu Duc Golf Course15 min
Landmarks & healthcare
- On-site international hospital1 min
- American Int’l Hospital (AIH)8 min
- Thu Thiem Int’l Financial Centre10 min
- New HCMC Administrative Centre10 min
- District 1 downtown12 min
Register your interest
Register early — secure Palm River from the first phase
Palm River is in its first sales phase. Register to receive the developer’s original price list, remaining units by aspect, floor and river view, and a site-visit schedule.
- 💰 Developer prices only — no markup, ever
- 📜 Transparent legal advice — title and progress checks
- 🏦 Bank-loan support (typically 70–80%, subject to bank policy) & payment guidance
- 🏢 Happyland Services Co., Ltd. — licensed since 10/05/2019, distributing 130+ projects at happylandrealty.com ↗
FAQ
Frequently asked questions about Palm City
Who develops Palm City now — is it still a Keppel project?
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.
What is Palm River and how is it different from earlier precincts?
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. First sales phase open (Sept 2026).
How much do Palm River apartments cost?
According to distribution agents (Sept 2026), prices start from about VND 168 million/m² net, including VAT and the maintenance fund, before discounts — studios from ~VND 6.3 bn and 2-bedrooms from ~VND 12.7 bn (indicative). Contact Happy Land for the developer’s original price list, remaining inventory and the payment policy currently in force.
Where is Palm City and how is the connectivity?
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).
What amenities does Palm City offer?
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…
Can foreigners buy at Palm City (Palm River)?
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.
Has Palm City won any awards or certifications?
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).
Is buying through Happy Land different from buying directly from the developer?
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.