Hưng Phú 1 Residential Project: Sustainable Value in District 9 (Ho Chi Minh City)
Hưng Phú 1 Residential Project, implemented in 2003, is one of the pioneering developments that laid the foundation for the reputation of Hưng Phú Company. Located in Phước Long B Ward, District 9, Ho Chi Minh City, this project is not only invested in construction quality but also benefits from a strategic location and complete legal status. With a scale of nearly 6.8 hectares, Hưng Phú 1 offers an ideal living environment that combines green space, full internal amenities, and convenient transportation connectivity.
Hưng Phú 1 Overview: The Starting Point of Quality
Hưng Phú 1 Residential Area is the first project developed by Hưng Phú Real Estate Investment JSC, so quality has always been the top priority. After completion, the project gained strong trust from customers, proving the developer’s efforts and commitment.
Scale and Product Types
The project covers a total land area of 6.79 hectares (equivalent to 67,922m²), with a total investment capital of 450 billion VND. Hưng Phú 1 offers a diverse range of housing types to meet different market demands:
- Garden-linked houses: 86 units.
- Semi-detached villas: 121 units.
- Detached villas: 23 units.
- 25-storey apartment complex located on 6,998m² (however, detailed unit numbers are not provided).
The products at Hưng Phú 1 are designed with a focus on living space and aesthetics:
- Garden-linked houses: Land size 5m x 18m. Structure: 1 ground floor + 2 floors + rooftop.
- Semi-detached villas: Land area from 130m² to 185m². Structure: 1 ground floor + 2 floors.
- Detached villas: Land area from 200m² to 270m². Structure: 1 ground floor + 2 floors.
Complete Legal Status and High Liquidity
One of the most important factors creating value and buyer confidence at Hưng Phú 1 is its transparent legal status. The developer has completed all necessary legal procedures, ensuring long-term ownership rights for residents:
- Land allocated by Ho Chi Minh City People’s Committee under Decision No. 390/QĐ-UB dated 27/01/2005.
- Approved 1/500 detailed planning by the Ho Chi Minh City Department of Planning and Architecture under document No. 2086/QHKT-ĐB2 dated 09/09/2005.
- Land Use Right Certificates (red books) issued for each plot under the developer’s name.
- Pink books issued for completed houses within the project.
This strong legal foundation not only confirms project quality but also enhances investment value and liquidity.
Prime Location and Transportation Connectivity
Hưng Phú 1 is located in Phước Long B Ward, District 9, Ho Chi Minh City, an area undergoing rapid urbanization and infrastructure development. This location offers outstanding connectivity advantages.
Convenient Regional Connectivity
The location of Hưng Phú 1 is highly valued due to its proximity to key areas:
- Approximately 7km from District 1, about 10 minutes by motorbike.
- Adjacent to Thu Thiem New Urban Area, District 2, benefiting from its synchronized development.
- Located along the Inner Ring Road (67m wide), enabling easy movement across districts.
- Only about 1km from the Saigon – Long Thanh – Dau Giay Expressway (120m wide), allowing convenient travel to Dong Nai, Ba Ria – Vung Tau, and other provinces.
The project is also close to the High-Tech Park and Rach Chiec Sports Complex, providing job opportunities and recreational facilities.
Synchronized Internal Amenities System
To ensure a high-quality lifestyle, the developer has built a modern infrastructure and amenity system within Hưng Phú 1.
Modern Technical Infrastructure
- Internal roads paved with asphalt concrete, 12m–16m wide for smooth transportation.
- City water supply system ensuring stable and clean water.
- Wastewater treatment system to protect the environment.
- Underground electrical, telecom, ADSL, and cable TV systems for urban aesthetics.
- Fully equipped public lighting system.
Green Space and Community Facilities
- Large central park providing relaxation and outdoor activities for residents.
Although detailed amenities data is not fully listed, the presence of green parks and synchronized infrastructure clearly establishes a livable urban environment.
Pricing and Investment Opportunity
Hưng Phú 1 is positioned in a price range of 74 – 95.5 million VND/m², reflecting its quality construction, legal transparency, and strategic connectivity.
With the continued development of Thu Duc City and major infrastructure projects such as the Saigon – Long Thanh – Dau Giay Expressway and ring roads, the property value in Hưng Phú 1 is expected to grow sustainably. The diversity of product types, from garden houses to detached villas, also provides various investment options.
Conclusion
After nearly two decades of development, Hưng Phú 1 Residential Area continues to maintain its value as a high-quality residential project in Phước Long B Ward, District 9 (Thu Duc City). The project stands out not only for its diverse housing types and reasonable designs but also for its strong legal status, completed infrastructure, and convenient location. For those seeking a stable, safe, and long-term investment opportunity in Eastern Ho Chi Minh City, Hưng Phú 1 remains a highly attractive choice.
The success of Hưng Phú 1 is a clear demonstration of the vision and commitment to quality of Hưng Phú Real Estate Investment JSC.
