Comprehensive Review of Lexington Residence Luxury Apartment Project: Prime Location and Premium Living Standards in District 2
Lexington Residence, developed by Novaland Group, has established itself as one of the most desirable high-end residential complexes in the eastern area of Ho Chi Minh City. Located on the strategic Mai Chi Tho Boulevard, the project offers a modern and convenient living environment while also presenting an attractive real estate investment opportunity with strong growth potential. This article provides an in-depth analysis of its key values, including its strategic location, master planning, premium amenities, pricing, and rental potential.
Overview of Lexington Residence Project
Lexington Residence is a mixed-use residential and commercial development by Novaland Group, one of Vietnam’s most reputable developers. The project is planned on a 2.14-hectare land area, offering a green living space and a fully integrated amenity system in the heart of dynamic District 2. The development consists of 5 towers, including 4 residential blocks and 1 commercial service block.
Basic project information:
- Project name: Lexington Residence
- Developer: Novaland Group
- Address: 67 Mai Chi Tho Street, An Phu Ward, District 2, Ho Chi Minh City
- Scale: 2.14 hectares
- Number of towers: 5 (4 residential blocks, 1 commercial block)
- Total units: 1,312 apartments
- Legal status: Long-term ownership (pink book)
- Construction density: 25%
- Main contractor: Coteccons
- Completion: Fully constructed and handed over from December 2015 to March 2016
With a low construction density of only 25%, Lexington Residence dedicates most of its area to landscaping and internal amenities, ensuring a spacious and fresh living environment in the new central district of the city.
Prime Location and Excellent Regional Connectivity
Location is the key factor behind the long-term value of Lexington Residence. The project is located directly on Mai Chi Tho Boulevard, a major 120-meter-wide arterial road considered the backbone connecting Eastern Ho Chi Minh City with the central districts.
Detailed location description:
Lexington Residence holds one of the most strategic locations in the eastern area of Ho Chi Minh City, situated on Mai Chi Tho Boulevard with direct access to Thu Thiem New Urban Area – the future financial center of the city – and District 1 via the Thu Thiem Tunnel. This seamless connectivity provides exceptional transportation advantages for residents.
Transportation connectivity:
- 700m to Metro Line No.1 (Ben Thanh – Suoi Tien), enhancing future property value.
- 3km to District 1 via Thu Thiem Tunnel.
- 3km to Saigon Bridge, easy access to Binh Thanh District.
- 5km to Phu My Bridge, convenient connection to District 7.
- Located next to a 7-hectare park in City Horse Urban Area, offering extensive green space.
In addition, strong infrastructure development in District 2 significantly boosts the project’s value. Major developments include Long Thanh – Dau Giay Expressway, Ring Road 2 (70km), upgrades of Nguyen Duy Trinh Street, Rach Chiec 2 Bridge, Bung Ong Thoan Road, and Lien Phuong Road. The upcoming Cat Lai Bridge 3 and Metro Line 1 further enhance connectivity and property value.
Diverse Internal and External Amenities
Lexington Residence focuses not only on location but also on a comprehensive amenity system, offering an all-in-one lifestyle for residents.
Premium internal amenities:
- 5,600m² garden park and 3,500m² boulevard-facing park.
- 580m² infinity swimming pool on the rooftop.
- 5-story shopping mall (Block E).
- Modern gym and yoga rooms.
- Restaurants and cafés.
- On-site medical clinic.
- Children’s playground.
- Elevators, 24/7 security, air-conditioning system, fire safety system.
- Community hall, convenience stores, kindergarten, ATM & bank, BBQ area, jogging track, parking facilities.
External amenities:
- Education: International schools such as AIG, BIS, IS, AIS, and public schools in City Horse area.
- Healthcare: Hoan My International Clinic.
- Shopping & Entertainment: Metro, Central Mart, Big C, Lotte Thao Dien.
- Green spaces: 7-hectare City Horse park nearby.
Optimized Floor Plan Design
Lexington Residence is designed with 5 towers, including 4 residential blocks (A, B, C, D) of 25 floors and 1 commercial block (E) of 5 floors. Apartment layouts are optimized to maximize natural light and ventilation.
Block structure:
- Block A: 25 floors, 12 units/floor, 4 elevators.
- Block B: 25 floors, 17 units/floor, 4 elevators.
- Block C: 25 floors, 17 units/floor, 4 elevators.
- Block D: 25 floors, 12 units/floor, 4 elevators.
- Block E: 5 floors used for commercial services and green rooftop space.
Apartment types and sizes:
- Unit sizes: 48.5m², 71m², 72.5m², 73m², 82m², 97m², 100.5m², 101.5m².
- Smart layouts maximizing space, ventilation, and natural lighting.
Pricing, Rental, and Service Fee Analysis
Although completed in 2016, the resale and rental market at Lexington Residence remains active and highly attractive.
Current selling prices:
- 1-bedroom apartments: 1.9 – 2.4 billion VND.
- 2-bedroom apartments: 2.9 – 3.7 billion VND.
- 3-bedroom apartments: 3.8 – 4.3 billion VND.
The price increase compared to earlier launch prices reflects strong appreciation after completion and infrastructure development.
Rental prices:
- 1-bedroom: 10 – 14.3 million VND/month.
- 2-bedroom: 12 – 16 million VND/month.
- 3-bedroom: 15 – 20.2 million VND/month.
Service fees:
- Management fee: 12,000 VND/m².
- Motorbike parking: 66,000 VND/month.
- Car parking: 880,000 VND/month.
Handover Progress and Final Assessment
Lexington Residence has been fully completed and handed over according to Novaland’s commitment, with Block D from December 2015 and other blocks completed by March 2016. The project is now fully operational, allowing residents to directly experience its quality, amenities, and living environment.
Constructed by Coteccons, the project ensures high construction quality and durability. The clear legal status with long-term ownership rights provides additional security for both residents and investors.
Conclusion
Lexington Residence represents a typical high-end residential project in Eastern Ho Chi Minh City. With its strategic location on Mai Chi Tho Boulevard, close to Thu Thiem and just minutes from District 1, it offers maximum convenience for work and daily life. Its fully integrated amenities system ensures a complete lifestyle for residents.
For investors, Lexington Residence is not only a highly liquid asset but also a stable rental income source, especially with ongoing infrastructure improvements such as Metro Line 1 and Ring Road 2. The price appreciation confirms its strong investment potential. It remains one of the most notable residential choices in Ho Chi Minh City’s eastern gateway.
For accurate updates on transactions, rentals, and service fees, it is recommended to consult reputable real estate platforms or the project management board.
