Detailed Review of Gia Phu Apartment – Binh Tan District: An Older Project, Current Value and Potential
Gia Phu Apartment is one of the residential projects that has been in operation for a long time in Binh Tan District, Ho Chi Minh City. Handed over in 2009, this project has become a home for hundreds of households. In the context of a vibrant real estate market, re-evaluating an older project like Gia Phu helps buyers gain a comprehensive view of living quality, location, and related legal factors.
This article, written by a real estate expert, will go deeper into various aspects of Gia Phu Apartment, from project overview, strategic location, to design and existing amenities, as well as updated current selling prices.
Overview of Gia Phu Apartment Project
Gia Phu Apartment is located in Binh Hung Hoa Ward, Binh Tan District, Ho Chi Minh City. This is a completed and operational apartment project, providing housing solutions for residents in the western area of the city.
Basic Project Information
Gia Phu Apartment is described as an older apartment project, handed over and operational since 2009. The project has a relatively modest scale but meets the housing needs of local residents and workers in nearby industrial zones.
- Project name: Gia Phu Apartment
- City/Province: Ho Chi Minh City
- District: Binh Tan District
- Address: Quarter 7, Binh Hung Hoa Ward, Binh Tan District, Ho Chi Minh City
- Year of handover: 2009
- Developer: Trung Nam Design and Construction Co., Ltd.
- Scale: 1 building
- Number of units: 389 apartments
Developer and Legal Status
The project developer is Trung Nam Design and Construction Co., Ltd. (also known as Trung Nam Construction and Trading Design Company Limited). The company has experience in designing and constructing civil and industrial works. However, one important issue that buyers should pay attention to is the legal status of the project.
According to public information and press reports, Gia Phu Apartment was involved in legal disputes related to the developer mortgaging apartment ownership certificates (pink books). This issue prompted Ho Chi Minh City authorities to investigate and track down the developer. For current transactions at Gia Phu, carefully checking the legal status of each unit—especially ownership certificates—is extremely important to ensure buyer rights.
Location and Connectivity
Location is one of the key factors determining real estate value. Gia Phu Apartment is located on Duong So 5 Street, Binh Hung Hoa Ward, Binh Tan District. Although it is an older project, this location is still considered to have good connectivity to surrounding areas.
Detailed Location Description
The project is near major transportation routes and key economic areas of Binh Tan District and neighboring districts. The exact location is identified by coordinates Latitude 10.79411507 and Longitude 106.5942154.
Residents of Gia Phu benefit from easy access to:
- Tan Binh Industrial Park (IP): A major advantage for residents working here, saving commuting time.
- Go May Intersection: An important traffic hub, making it convenient to travel to the Mekong Delta provinces or the city center.
- Le Trong Tan Street: A main route connecting Binh Tan District and Tan Phu District.
Within a 2km radius, residents can access a wide range of external amenities, meeting daily living, education, and entertainment needs:
- AEON Mall Tan Phu Shopping Center: Provides modern shopping, dining, and entertainment services.
- Education system: Near Le Trong Tan Primary School, Binh Hung Hoa High School, supporting residents’ children education needs.
- Binh Hung Hoa Market: Serves daily needs for fresh food and essential goods.
Overall, the location of Gia Phu Apartment provides convenience for daily life, especially in terms of transportation and access to basic amenities.
Design and Project Scale
Gia Phu Apartment was built as a single-building project, providing a total of 389 units. This moderate scale creates a stable and friendly residential community.
Apartment Structure
The apartments at Gia Phu are designed to optimize living space, suitable for young families or workers. Although detailed unit sizes are not fully provided in the data, secondary market listings show typical sizes ranging from 60 m² to 66 m² for 2-bedroom units.
The 389 units form 4 residential clusters (60, 61, 62, 63) in Quarter 7, reflecting clear community organization and local administrative management.
Design Characteristics
As a project built before 2010, Gia Phu Apartment features a simple architectural style, focusing on functional use. However, through actual images, the project still maintains stability and meets basic apartment living standards.
Most units are 2-bedroom layouts with 1–2 bathrooms, suitable for the majority of affordable housing demand in Ho Chi Minh City.
Internal and External Amenities
As an older and relatively small-scale project (single building), internal amenities at Gia Phu Apartment may not be as comprehensive as modern developments. However, the project is compensated by a rich surrounding external amenity system within a 2km radius.
Internal Amenities
Although specific internal amenities are not listed, apartment projects handed over in 2009 typically include basic facilities such as:
- 24/7 security and surveillance system.
- Parking area (though possibly limited).
- Small community activity area or playground.
Valuable External Amenities
The value of Gia Phu lies in its connectivity to surrounding social and commercial amenities, including:
- Entertainment & Shopping: AEON Mall Tan Phu, convenience stores, and traditional markets.
- Education: Multiple school levels from primary to high school in Binh Hung Hoa and surrounding areas.
- Healthcare: Easy access to local hospitals and clinics.
- Work: Close to Tan Binh Industrial Park, convenient for workers.
The abundance of external amenities is a major advantage, ensuring a convenient and complete lifestyle for residents.
Current Selling Price of Gia Phu Apartment
Although the price column in the project data is empty, secondary market information (Google Search results) shows that selling prices at Gia Phu Apartment are relatively stable and suitable for the affordable, handover-completed housing segment.
Market Update
According to updated transaction data, the selling price of Gia Phu Apartment ranges from 34.6 to 40.2 million VND/m² (as of Jan 2026).
- Overall price range: Common 2-bedroom units are priced from 2.1 to 2.6 billion VND per unit.
- Recent transactions:
- 63 m² unit: 2.45 billion VND (~38.89 million VND/m²)
- 66 m² unit: 2.6 billion VND (~39.39 million VND/m²)
- 60 m² unit: 2.2 billion VND (~36.67 million VND/m²)
This price level is considered competitive compared to other apartment projects in Binh Tan District, especially for buyers with limited capital or those seeking stable housing near workplaces.
Important Notes When Buying/Selling
When considering buying or selling at Gia Phu Apartment, investors and buyers should pay special attention to two factors:
- Project age: The project has been in operation for more than 15 years (since 2009), so it is necessary to carefully check construction quality, electrical and water systems, and maintenance fees.
- Legal issues: Due to past issues with ownership certificates, buyers must carefully verify the legal status of the specific unit’s documents to avoid future risks.
Conclusion on Gia Phu Apartment
Gia Phu Apartment is a reasonable choice in the used apartment segment in Binh Tan District, Ho Chi Minh City, especially thanks to its proximity to Tan Binh Industrial Park and complete surrounding amenities.
With its current affordable price level, the project meets the housing needs of a large number of residents. However, buyers should carefully appraise the unit condition and especially the legal documents to ensure a safe and transparent transaction.
This project is suitable for those who prioritize convenient transportation, proximity to industrial zones, and a moderate investment level, provided that legal issues for the specific unit have been properly resolved.
