The Prince Residence: A Symbol of Luxurious Living in the Heart of Phu Nhuan
The Prince Residence, a high-end apartment and office complex, is a project developed by Novaland Group, a prestigious name in Vietnam’s real estate industry. The project is not only an ideal place to live but also a sustainable investment thanks to its prime location and modern design.
Located on the major arterial route Nam Ky Khoi Nghia – Nguyen Van Troi, The Prince Residence offers an open river view and outstanding connectivity. With the goal of delivering the most convenient and comfortable lifestyle for residents, the project is equipped with premium internal amenities and smart apartment designs that maximize natural light and ventilation.
Overview of The Prince Residence Project
The Prince Residence is built on a land area of 4,647 m² in one of the strategic locations of Phu Nhuan District, Ho Chi Minh City. The project is invested in by The Prince Residence Joint Stock Company and developed by Novaland Group.
Basic Information
- Project name: The Prince Residence
- Investor: The Prince Residence Joint Stock Company (developed by Novaland Group)
- Address: 17-19-21 Nguyen Van Troi Street, Ward 12, Phu Nhuan, Ho Chi Minh City
- Number of towers: 2
- Number of apartments: 277 units
- Land area: 4,647 m²
- Construction density: 49%
- Price range: 85.66 – 120 million VND/m²
Diamond Location and External Connectivity
Location is the key factor that creates the outstanding value of The Prince Residence. Situated right at the foot of Cong Ly Bridge, the project lies on Nam Ky Khoi Nghia – Nguyen Van Troi street, a major route directly connecting Tan Son Nhat International Airport with District 1 downtown.
From this location, residents can easily access many external amenities within a few kilometers:
- 3.9 km to Tan Son Nhat Airport
- 3.1 km to Ben Thanh Market, District 1 center
- 1.9 km to Hoang Van Thu Park, the city’s green lung
- 2.8 km to Co.opmart Supermarket
- 1.2 km to Hoan My General Hospital
- 1.1 km to Ho Chi Minh Traditional Medicine Hospital
In addition, according to Phu Nhuan District planning for 2021–2030, Nguyen Van Troi and Hoang Van Thu streets are being developed into urban landscape corridors, promising to increase property value in the area.
Unique and Modern Design
The Prince Residence consists of 2 towers, Block 1 and Block 2, with a total of 2 basement parking levels. The towers range from 8 to 22 floors, with clearly divided functions between commercial space, Smart Office, and residential apartments.
Building Structure
Block 1 (22 floors)
- Floor 1: Commercial area, services, and shophouses
- Floors 2–4: Smart Office area with 4,000 m²
- Floor 5: Amenity floor including swimming pool, gym, sauna, café, and children’s play area
- Floors 6–22: Residential apartments (228 units)
Apartment density in Block 1 is 13 units per floor, served by 4 elevators for smooth circulation.
Block 2 (18 floors)
- Floor 1: Commercial services
- Floors 2–18: Residential apartments
Block 2 has a lower density with 7 units per floor and 2 elevators, offering more privacy and tranquility.
Outstanding Apartment Design Advantages
Apartments at The Prince Residence are intelligently designed to optimize living space:
- Spacious corridor width of 1.8 m for better ventilation
- All rooms have at least one open view without direct obstruction
- Kitchen and laundry areas are well-ventilated and connected to the exterior, ensuring natural light and airflow
Diverse Internal Amenities System
With a construction density of 49%, The Prince Residence dedicates a large portion of its area to greenery and internal amenities, fully meeting residents’ needs for relaxation, entertainment, and daily living.
Key amenities include:
- Swimming pool: 370 m², located on the 5th floor of Block 1, ideal for relaxation
- Modern gym and yoga rooms
- Children’s play area
- Community activity room
- Café and restaurant area
- 24/7 security system, modern fire protection system, and emergency exits
- Spacious basement parking (2 levels)
- Commercial facilities such as supermarkets and convenience stores
- Central air-conditioning system and high-speed elevators
Management fees and living costs (as of August 2021) are clearly stated: management fee 16,500 VND/month, motorbike parking 120,000 VND/month, car parking 1,800,000 VND/month.
Investment Opportunity and Pricing
The Prince Residence is not only a residential place but also an attractive investment product. With its proximity to District 1 and the airport, the project has strong appreciation potential and high rental demand, especially for Smart Office units and luxury apartments.
Selling and rental price reference (August 2021)
Market data shows that The Prince Residence units range from 85.66 to 120 million VND/m²:
- 1-bedroom apartment: 3.2 – 3.5 billion VND, rent 12 – 14 million VND/month
- 2-bedroom apartment: 4.6 – 5.1 billion VND, rent 15 – 18 million VND/month
- 3-bedroom apartment: 6.2 – 7 billion VND, rent 20 – 25 million VND/month
Compared to nearby projects in Phu Nhuan District, The Prince Residence remains highly competitive in both value and location. For example, Golden Mansion ranges from 3.4 – 5.3 billion VND/unit, while Orchard Garden ranges from 2.6 – 4.2 billion VND/unit.
Detailed Apartment Layouts
Apartments at The Prince Residence come in various sizes, suitable for different customer segments from single residents to multi-generational families.
Both internal and external designs are carefully optimized, with a 1.8 m wide corridor and all rooms having open views, ensuring a high-quality living experience.
In conclusion, The Prince Residence not only provides a modern and convenient living space with 2 basement levels and full amenities such as swimming pool, gym, and community spaces, but also sits in a rapidly developing infrastructure area, making it an unmissable choice in Phu Nhuan.
