The Park Residence Nha Be: A 5-Star Luxury Living Paradise in South Saigon
The Park Residence Nha Be apartment project, the second phase of the Phu Hoang Anh apartment complex, is a prominent development within the 65-hectare Dragon City complex, located along the strategic Nguyen Huu Tho Boulevard in Ho Chi Minh City. Developed by Phu Hoang Anh Joint Stock Company and managed by professional partners, The Park Residence is positioned as a high-end residential project, offering a fully integrated 5-star standard living environment. From the moment it was launched, the project has attracted strong attention in the real estate market thanks to its prime location, distinctive design, and outstanding amenities.
With a total area of 2.4 hectares and a low construction density of only 22%, the developer has dedicated significant space to greenery and internal facilities, creating a fresh and comfortable living environment in the heart of a bustling city.
Prime Location and Excellent Connectivity
The Park Residence is located on Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City. This location is considered a “golden position” due to its excellent regional connectivity along one of the key transport arteries of South Saigon.
From The Park Residence, residents can easily access major facilities and landmarks:
- SECC Convention Center: 5 km
- RMIT University: 4 km
- VivoCity Shopping Center: 4 km
- Lotte Mart: 4.5 km
- Nha Be General Hospital: 1.3 km
- Nam Sai Gon International School: 4.4 km
- Nam Sai Gon Secondary & High School: 6.7 km
Access to other key city areas is also convenient, including Ben Thanh Market (8 km), Cho Ray Hospital (10 km), and Western Bus Station (14 km).
Infrastructure Development Potential
The Park Residence is located in an area with well-planned and fully developed infrastructure, offering strong convenience for residents and significant investment potential:
- GS Metro Nha Be Urban Area (349 ha) located opposite the project, currently under development with international-standard facilities.
- Nguyen Van Linh – Nguyen Huu Tho intersection underpass project, helping reduce traffic congestion at this key junction.
- Nguyen Khoai Bridge connecting District 7 and District 4, scheduled for completion in 2021–2025, improving traffic flow.
- Ben Luc – Long Thanh Expressway, expected to enhance connectivity to southeastern provinces and Long Thanh Airport.
Location Limitations to Consider
Despite its advantages, The Park Residence also has certain limitations that buyers should carefully consider. Nguyen Huu Tho Boulevard is a major transport route to Hiep Phuoc Industrial Zone, resulting in frequent heavy truck and container traffic. The current road layout shares lanes between motorbikes and heavy vehicles, causing traffic inconvenience. Additionally, the project is located near the direction of the Da Phuoc landfill wind flow, which may occasionally affect air quality. The surrounding road is also prone to flooding during high tide or heavy rain. Although the distance to the city center is relatively short, traffic congestion at key points may increase travel time.
Unique Design and Optimized Layout
The Park Residence consists of 4 blocks (B2, B3, B4, B5) with a total of 1,220 apartments. Blocks B2 and B5 are 28 stories high with views of the internal landscape, Nha Be, and District 1. Blocks B3 and B4 are 27 stories high, facing Nguyen Huu Tho Boulevard with views toward Phu My Hung. A basement parking area of over 13,000 m² connects all four blocks, ensuring sufficient parking space for residents.
With a low construction density of only 21.6% on a total land area of 24,000 m², the project offers a fresh and airy living environment. The apartments are designed in a modern Singapore architectural style combined with elegant Italian-inspired interiors, creating a luxurious yet functional living space.
Diverse Apartment Types
The Park Residence offers 1 to 3-bedroom apartments ranging from 52 m² to 106 m², suitable for various customer segments including singles, young families, and foreign professionals.
Detailed Block Information:
Blocks B2 & B5 (28 floors):
- 12 units per floor
- 3 elevators (2 passenger + 1 freight)
- 1BR+: 2 units (52 m²)
- 2BR 1WC: 6 units (58–62 m²)
- 2BR 2WC: 4 units (74 m²)
Blocks B3 & B4 (27 floors):
- 12 units per floor
- 3 elevators (2 passenger + 1 freight)
- 2BR 1WC: 4 units (61 m²)
- 2BR 2WC: 4 units (74–83 m²)
- 3BR 2WC: 4 units (106 m²)
Especially, with 3 sides facing green parks, corner units offer panoramic views with wide balconies and large windows, maximizing natural light and ventilation.
Apartment Handover Standards
- Complete door and lock system (secure digital lock)
- High-quality flooring (tile and wood)
- Kitchen cabinets and built-in wardrobes
- Fully equipped bathroom fittings
Premium 5-Star Internal Amenities
The Park Residence offers outstanding 5-star standard internal facilities, delivering a luxurious and convenient lifestyle. Low construction density and three sides facing green landscapes create a harmonious and elegant living environment.
Key Internal Amenities:
- Infinity swimming pool: 2,000 m², Singapore-style design
- SkyPearl lake: 5,000 m² scenic artificial lake
- Canal park: 150 m long green landscape area
- Main lobby: 1,000 m² with lake view
- Children’s playground and kids’ pool
- Multi-purpose sports courts and stadium
- Jogging tracks
- Water & light show area
- Yoga and modern gym facilities
- BBQ riverside area
- Restaurants, cafés, supermarket, spa, concierge services
Additional facilities include shopping center, parking, tennis court, basketball court, sauna, security system, air conditioning system, emergency exits, and fire protection system.
Investment Opportunity and Competitive Pricing
Current selling price ranges from 41.1 to 49.19 million VND/m², which is considered competitive compared to surrounding projects while reflecting the project’s quality and value.
Resale Price Details:
- 52 m² (1BR): from 1.6 billion VND
- 62 m² (2BR 1WC): from 1.8 billion VND
- 73 m² (2BR 2WC): from 1.98 billion VND
- 106 m² (3BR 2WC): from 2.4 billion VND
The project is especially suitable for young professionals, small families, and expatriates seeking modern, high-quality living spaces at reasonable prices.
Management Fees
- B4 block: 10,000 VND/m²
- B2, B3, B5 blocks: 6,500 VND/m²
- Motorbike parking: 100,000 VND/vehicle
- Car parking: 800,000 VND/vehicle
Project Progress and Legal Status
The project was originally launched in 2009 under the name Phu Hoang Anh apartment complex but was later halted. In 2014, it was acquired and renamed The Park Residence. Construction resumed and the project was handed over in March 2017.
The legal status is long-term ownership with a pink book (certificate of land use rights), ensuring strong legal security for residents.
Overall, The Park Residence Nha Be is an ideal choice for those seeking a modern, well-located, and fully equipped home in South Saigon, offering strong investment potential and high-quality living standards.
