Huong Viet Properties launches Palm River riverside apartment precinct

Huong Viet Properties has unveiled Palm River, a new riverside apartment complex in eastern Ho Chi Minh City, Vietnam. The development, part of the larger Palm City township, officially launched on 13 August 2026. Located in Binh Trung Ward, the 1.9-hectare precinct features four 36-storey towers with two basement levels. It is designed as a mixed-use area offering residences ranging from studios to penthouses, along with commercial spaces such as shophouses. Over 40 amenities, including swimming pools, a Sky Onsen spa, yoga facilities, a cinema, a golf simulator, and riverside relaxation zones, will be available to residents. Palm River is situated within the broader Palm City development, which spans 30.6 hectares and includes residential, commercial, educational, healthcare, office, and public spaces. The township aims to serve as an "all-in-one" community, addressing residents' needs for housing, work, leisure, and social interaction. The new precinct is positioned along one of the last remaining riverside plots in the area, providing over 1.7 kilometers of direct river access. This makes it the largest riverside frontage within the entire Palm City project. The design of Palm River emphasizes integration with nature, incorporating architectural elements that reflect the natural flow of water. The layout ensures that nearly 80% of the apartments have corner units, maximizing exposure to river views, natural light, and airflow. Approximately 60% of the precinct is dedicated to green spaces, water features, and communal areas, with a site coverage ratio of around 40%. These elements contribute to creating a balanced living environment that blends urban convenience with natural serenity. Nguyen Si Toan, Executive Director of the High-Rise Residential Real Estate Business Division at Huong Viet Properties, highlighted the project’s vision of offering a resort-style lifestyle. He noted that the development combines natural landscapes, water bodies, and modern amenities into a cohesive living experience. The project is also aligned with ongoing infrastructure improvements in eastern Ho Chi Minh City, particularly enhanced connectivity to Long Thanh International Airport and the Southern Key Economic Region. Construction on Palm River began on 16 June 2026, with the first residents set to move in during the first quarter of 2029. The project has attracted several strategic partners who aim to support its market development through their industry expertise and regional networks. These collaborations are expected to enhance the project’s visibility and appeal among potential buyers and investors. Palm City itself is envisioned as a comprehensive township that caters to diverse lifestyles. With over 100 amenities already in place or under development, the area promises to become a hub for education, retail, services, and entertainment. The addition of Palm River further strengthens this ecosystem by introducing high-end residential options alongside recreational and wellness facilities. As the city continues to expand, projects like Palm River represent a growing trend toward sustainable, integrated urban living in Vietnam’s rapidly developing metropolitan regions.