Palm City project enters new development phase as Palm River subdivision launched

Nam Rach Chiec Company Limited, together with Huong Viet Properties, recently held the Palm City Urban Area kick-off ceremony and officially launched the Palm River subdivision, marking the beginning of a new development phase for the 30.2-hectare urban township in Ho Chi Minh City.

The event marks a significant transformation of Palm City under the new development orientation of Huong Viet Properties, with a vision to create an “Urban Retreat in the City", a destination that balances modern urban living with a nature-inspired environment.

Anticipating the growth momentum of Eastern Ho Chi Minh City

As Eastern Ho Chi Minh City emerges as a new growth engine for the city, driven by synchronized infrastructure development and the establishment of key economic, financial, sports and recreational centers, Binh Trung ward (formerly District 2), home to the project, is increasingly strengthening its position thanks to its substantial land reserves, convenient transportation links and strong long-term growth potential.

The area is adjacent to Thu Thiem New Urban Area, where the future International Financial Center-Ho Chi Minh City is located, and benefits from connectivity through major infrastructure projects, including the An Phu Interchange, the Ho Chi Minh City-Long Thanh-Dau Giay Expressway, the North-South High-Speed Railway, the Thu Thiem-Long Thanh Metro Line, and transportation links to Long Thanh International Airport.

As infrastructure continues to improve and connectivity becomes increasingly seamless, master-planned urban developments offering comprehensive amenities and high-quality living environments are becoming the preferred choice for homebuyers.

Palm City and the vision of an “Urban Retreat in the City”

Planned across 30.2 hectares, Palm City is being developed under the concept of an “Urban Retreat in the City,” where natural elements such as waterways, riverside parks, and open green spaces are seamlessly integrated into everyday urban life.

The project integrates a diverse range of functions, including high-rise and low-rise residential developments, commercial and service facilities, international schools, international hospitals, and community amenities, comprehensively meeting residents’ needs for living, working, studying and healthcare within a single urban township.

Palm City is being developed as a sustainable living ecosystem, where resident experience, community well-being and quality of life are placed at the center of development.

Speaking at the event, Nguyen Si Toan, managing director, High-rise Residential Real Estate at Huong Viet Properties, commented: “Palm River marks the beginning of a new development phase for Palm City. This is not merely the launch of a new subdivision; it also reflects our long-term commitment to developing a large-scale urban township that is thoughtfully planned, professionally invested, and oriented toward sustainable value."

"We believe that the value of an urban township is not defined by the speed of its development, but by its ability to create an increasingly better living environment over time,” he added.

Palm River – the first piece of the new development phase

Palm River is the first subdivision to be launched in Palm City’s new development phase. The project offers a diverse product portfolio, with unit sizes ranging from 34.86 square meters to more than 300 square meters, and is expected to be launched to the market in 2026.

Located along the riverfront, Palm River is designed with an architectural language inspired by nature, drawing on the imagery of palm leaves and the flow of water as its core themes. Natural light, ventilation and green spaces are optimized to support a daily resort-style living experience.

Palm River integrates a hydrotherapy-inspired amenity system, with water serving as the guiding element, creating a journey of rejuvenation where the pace of urban life is balanced by daily experiences of relaxation and restoration.

Huong Viet Properties collaborates with highly experienced domestic and international consulting and design partners in their respective fields.

These include DPA, an architectural firm with extensive experience in developing large-scale projects in Singapore; Dark Horse, an Australian interior design company renowned for creating immersive living environments; LJ-Group, a Brazilian landscape consultancy that emphasizes the connection between nature and urban life; Ardor Green, which provides green building certification consulting services; and Core, a project management company with experience in delivering large-scale developments.

The combination of international design thinking and a deep understanding of Ho Chi Minh City’s urban lifestyle is reflected throughout Palm River’s architecture, landscape and amenity system.

The subdivision offers a living environment where green spaces, waterways and wellness-oriented facilities are seamlessly integrated into everyday life, shaping a resort-style urban living experience, a lifestyle trend increasingly sought after by modern residents.

Many components of Palm City have already been completed and are now operational, including Palm Residence, Palm Heights, international school facilities, and riverside parks. These developments have contributed to the formation of an established residential community and laid the foundation for future development phases.

Shaping long-term living value

As homebuyers increasingly prioritize quality of life, resident experience, and practical living value, Palm City is positioned as an “Urban Retreat in the City,” where residents can enjoy the dynamism of urban living while rejuvenating themselves every day through a resort-inspired amenity system.

With Palm River, Huong Viet Properties continues to complete the vision of Palm City, aiming to create a subdivision that embodies a resort-living spirit through a water-inspired amenity ecosystem, delivering a distinctive rejuvenation experience.

Information about Palm City

Palm City is a 30.2-hectare riverside urban township located in Binh Trung ward, Ho Chi Minh City, adjacent to the Thu Thiem International Financial Center and the Nam Rach Chiec Sports Complex.

The project is developed as an integrated urban township, comprising residential subdivisions, commercial and service facilities, international schools, international hospitals, a shopping mall, and office space.

Information about Huong Viet Properties

Huong Viet Properties is an integrated real estate development and management company operating across three sectors: residential, commercial, and industrial real estate. The company is committed to sustainable development, focusing on projects with strategic locations, well-planned master development, and long-term value creation.