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РусскийPalm River — riverside apartments in the Palm City township, Binh Trung Ward
Palm River is the apartment sub-zone now on sale in the 30.6 ha Palm City township on the Giong Ong To River, Binh Trung Ward (former Thu Duc City). Four 36-storey towers with units from studios to duplexes and penthouses (33 m² to over 300 m²); expected handover in Q4 2028.
- 30.6 ha
- Palm City township
- From VND 168 million/m²
- Including VAT and maintenance fee
- Q4 2028
- Expected handover
Palm River Project Overview
Palm City (legal name: Nam Rach Chiec Central Area Project) is a 30.6 ha riverside township developed by Huong Viet Properties. The sub-zone now on sale is Palm River — plot CC3, a high-rise apartment complex with commercial and service space.
- Trade name
- Palm River — a sub-zone of the Palm City township
- Palm River address
- Quarter 19, Binh Trung Ward, Ho Chi Minh City (formerly An Phu Ward, Thu Duc City)
- Developer
- Nam Rach Chiec Co., Ltd.
- Development company
- Huong Viet Properties JSC
- Project management consultant
- Core Asia PM
- Architecture
- DP Architects (Singapore, concept), NPH Consultants (local), facade by FCD
- Landscape / interiors
- LJ-Group / Dark Horse Architects
- Structure & infrastructure / MEP
- Acons / ASP
- Piling and diaphragm walls
- Fecons South
- Township size
- 30.6 ha along the Giong Ong To River
- Palm River site area
- 1.89 ha
- Palm River scale
- 4 towers, 36 floors above ground, 2 basements, 149.45 m high; commercial podium of about 30,000 m² floor area
- Palm River products
- 620 apartments, 13 podium shophouses, 71 officetels
- Unit types
- studio, 1-bedroom, 2-bedroom, 3-bedroom, duplex, penthouse, shophouse — from 33 m² to over 300 m²
- Palm River building density
- 39.5%, green coverage 20%
- Parking
- 633 car spaces, 1,240 motorbike spaces (2 basements), about 1 car space per apartment
- Green standard
- designed to EDGE criteria
- Expected handover
- Q4 2028
Palm River Location — between two waterways, next to Thu Thiem
Palm River sits at the heart of the Nam Rach Chiec area in Binh Trung Ward, surrounded by the Giong Ong To River and the Muong Kinh canal, right next to the Thu Thiem International Financial Centre.
- Roads: fronts Song Hanh Street, linking to Mai Chi Tho, Vo Nguyen Giap and Do Xuan Hop; about 3 minutes to the An Phu interchange and the Ho Chi Minh City – Long Thanh – Dau Giay Expressway; about 12 minutes to Cat Lai Bridge.
- Rail: about 1 minute to Binh Trung station (Thu Thiem – Long Thanh line, expected to be completed before 2030); about 5 minutes to Thu Thiem station.
- Airports: Tan Son Nhat about 25 minutes, Long Thanh about 30 minutes.
- Schools: The American School (TAS) about 1 minute; AIS 5 minutes; Saigon Star 8 minutes; VAS 10 minutes; ISHCMC and BIS about 12 minutes.
- Hospitals: the international hospital inside Palm City about 1 minute; Le Van Thinh Hospital 7 minutes; AIH 8 minutes.
- Shopping & leisure: Rach Chiec Sports Complex 5 minutes; Lotte Mall 8 minutes; Thiso Mall 10 minutes; Estella Place and Vincom Mega Mall about 12 minutes; the former District 1 centre about 12 minutes.
Palm River Location Map
Palm River Amenities
Palm River has 68 on-site amenities on the 1st, 2nd and 20th floors, open to residents of all 4 towers. Beyond them lies the shared infrastructure of the Palm City township: a riverside park of nearly 3 km, an international school and an international hospital.
Illustrative renderings based on the developer's materials.
20th-floor infinity pool
An infinity pool on the high-level amenity floor, with water kept at about 27°C for comfortable swimming all year round; plus a walking garden, yoga and a sky BBQ area.
Sky Onsen & spa
A 210 m² sky onsen (separate men's and women's areas; about 40 people), cold plunge pool, sauna and treatment massage rooms — relaxation right inside the building.
Sky Gym
A high-level gym of about 208 m² for about 40 people, with full-height glass facing Thu Thiem.
Golf simulator & entertainment
A 78 m² golf simulator room, a 25-seat family cinema, a multi-purpose entertainment hub and a library of about 70 seats.
Kid's Club & families
Kid's Club, children's pool, water park and playground; a 1,404.52 m² on-site kindergarten — children play and learn right downstairs.
Arrival lobby & residents' lounge
An arrival lobby with a ceiling of nearly 6 m, a 178 m² reception lounge (about 140 people) and a community lounge — host guests and gatherings without leaving home.
70 m swimming pool
A 70 m resort-style pool on the 1st floor overlooking the water, with jacuzzi and sun deck.
Riverside park of nearly 3 km
Riverside jogging and cycling paths, pickleball courts, a meditation and yoga park and a herb garden in the township.
Work & shopping
Co-working space, River View Lounge, café terrace; a commercial podium of about 30,000 m² floor area on the 1st–2nd floors, with escalators to the 2nd floor.
Security & building services
Lift lobbies with Face ID, fingerprint and key card access; CCTV throughout; 100% backup power; two-stage water filtration with UV.
Palm River Master Plan
The Palm City township comprises 6 residential sub-zones, the Palm Landmark iconic tower, a shopping centre, offices, a hospital and an international school. Palm River consists of 4 towers, T1–T4, on a 1.89 ha site, with 4–6 units per floor and 5 lifts per tower (including 1 service lift); every unit has two open sides.
Illustrative drawings; final design as per the sale and purchase agreement.
Palm City master plan
Palm Residence (townhouses, handed over in 2017) and Palm Heights (apartments, handed over in 2019) are already home to residents. Palm River is the next sub-zone, on the Giong Ong To River next to Binh Trung station.
Tower 3 — typical floors 4–19, 21–26
6 units per floor: two 84.9 m² corner 2-bedroom units, a 85.9 m² 2-bedroom, a 120.2 m² special 2-bedroom, a 125.3 m² corner 3-bedroom and a 126.1 m² 3-bedroom (gross area).
Tower 4 — typical floors 5–19
2-bedroom, special 2-bedroom, 3-bedroom and a 157 m² gross special 3-bedroom unit.
Tower 4 duplex floors (floors 21–34)
The upper floors mix two-level duplexes with 2- and 3-bedroom units; duplexes measure about 230–302 m² gross (both levels combined).
Palm River Apartment Types
Areas per the Palm River brochure: gross / net. The 620 apartments comprise 2-bedroom (328 units), 3-bedroom (242 units), duplex (42 units) and penthouse (8 units). Nearly 80% of the apartments are corner units, with living room and bedroom ceilings of about 3.15 m and floor-to-ceiling Low-E glass.
Studio
41.3 m² gross / 37.3 m² net. An open SOHO-style space for working from home.
1 bedroom
65.9 m² gross / 60.2 m² net.
2 bedrooms
84.9–85.9 m² gross / 75.8–76.9 m² net, with smart-home features; corner units available. Special 2-bedroom units: 120.2–121.9 m² gross / 110.9–111.7 m² net.
3 bedrooms
125.3–126.1 m² gross / 115.2–115.3 m² net, with natural light and river and greenery views.
Special 3 bedrooms
157 m² gross / 144 m² net (tower T4, floors 5–19).
Duplex
42 two-level duplexes on floors 21–34 with double-height living rooms. Total area about 230–302 m² gross / 210–280 m² net depending on the type (A, B, C, D).
Penthouse
8 penthouses on the top floors of Palm River.
Shophouse
13 podium shophouses along Palm River's retail frontage.
Handover standard
600×1200 porcelain floor tiles, wooden flooring in bedrooms; induction hob, cooker hood, oven; ceiling-concealed air conditioning; fingerprint door lock; premium sanitary ware (per the developer's provisional handover list).
Palm River Prices
Updated 15 Oct 2026
Palm River prices start from VND 168 million/m², including VAT and maintenance fee, according to the Palm River sales policy publication. The developer has not published a public unit-by-unit price list; each unit's price depends on the tower, floor, view and payment plan.
| Item | Details |
|---|---|
| Unit price from | VND 168 million/m² (including VAT and maintenance fee) |
| Discount by payment plan | 6.5% – 13% (on the price excluding VAT and maintenance fee) |
| Additional discounts | 1% for loyal customers; 0.5% – 1.5% when buying 2 or more units |
| Booking fee | VND 100 million (deducted from the sale and purchase agreement instalment) |
Leave your phone number and HPR will send you the prices of units currently on sale, together with a cash-flow schedule for the payment plan you choose.
Prices and offers change from time to time. Please contact our consultants for exact, up-to-date prices and offers.
Palm River Sales Policy
Effective from 1 Aug 2026Updated 15 Oct 2026
Under the developer's Palm River sales policy 08.2026, applicable to successful bookings from 1 August 2026 until a new policy replaces it. Booking fee: VND 100 million; every plan requires only 10% to sign the sale and purchase agreement (except the fast plan).
Discounts are calculated on the price excluding VAT and maintenance fee and are cumulative; they apply only to purchases made directly from the developer. Payment percentages are calculated on the VAT-inclusive price; the 2% maintenance fee is paid at handover. The Early Birds offer (until 30 September 2026) has ended.
Standard plan — 11% discount
5% on signing the privileged account agreement, 5% on signing the sale and purchase agreement (booking fee deducted); then 2 instalments of 5% and 5 instalments of 10%, one every 3 months — spread over about 27 months until handover; 25% at handover, 5% on receipt of the certificate.
Special plan — 6.5% discount
5% + 5% up to signing the sale and purchase agreement; 10% after 3 months and 10% after a further 6 months — 30% in total, then no further payments for about 15 months until handover; 65% at handover, 5% on receipt of the certificate.
Fast plan — 13% discount
5% on signing the privileged account agreement, 65% on signing the sale and purchase agreement; 25% at handover, 5% on receipt of the certificate.
Loan plan — 0% interest support
Pay 10% yourself up to signing the sale and purchase agreement, then the bank disburses 55%; at handover you pay 15% and the bank 15%; the bank disburses 5% when the certificate is issued. Banks lend up to 75%; the developer covers interest (0%) on an outstanding balance of up to 55% of the unit value for 24 months (not beyond the handover date); principal grace period of up to 36 months (60 months for customers with priority income sources).
Loyal customers — extra 1%
Owners at Palm Heights and Palm Residence; parents of TAS students; OCB priority customers (Gold, Diamond, Diamond Elite or meeting the deposit conditions); owners of other Huong Viet Properties projects. Maximum 1% even if you belong to several groups.
Buying multiple units
An extra 0.5% off for 2 units, 1% for 3 units and 1.5% for 5 units or more.
Home Loans for Palm River
The developer offers 0% interest support for 24 months with its designated banks. OCB has a dedicated loan programme for Palm River.
Per OCB's offer dated 24 August 2026; interest rates and loan limits depend on the bank's credit appraisal.
OCB — up to 75%, 40 years
Preferential rate of 10.3% p.a. for 24 months, then base rate + 3.5% p.a. Principal grace period of up to 36 months (60 months for customers with priority income sources). Own capital of at least 10% of the contract value before disbursement; the collateral is the off-plan apartment itself.
Early repayment fee
Years 1–3: 2.5%; year 4: 2%; year 5: 1.5%; free from year 6. Eligible OCB customers receive an extra 1% discount from the developer and an OCB Mastercard World credit card with a limit of up to VND 400 million. Foreign customers receive application support from OCB's Business Centre.
Palm River Construction Progress
Updated 15 Oct 2026
1
Palm Residence & Palm Heights — handed over
Launched in October 2016; Palm Residence (townhouses) was handed over in 2017 and Palm Heights (apartments) in 2019 — both sub-zones are now home to residents.
2
Huong Viet takes over
In April 2025, Huong Viet (through Gateway Thu Thiem) acquired a 42% stake from Keppel Land; Huong Viet Properties is developing the project.
3
Palm River sales launch
Sales policy applicable from 1 August 2026; piling and diaphragm walls by Fecons South.
4
Palm River handover
Expected in Q4 2028 (per the developer).
Palm River Advice with HPR
HPR consultants advise on Palm River and support you from choosing a unit and planning cash flow for your payment plan through to signing the agreement with the developer.
- Information backed by documentsEvery policy and price list HPR sends is dated and sourced from the developer.
- Loan application supportWe work with OCB and the developer's designated banks to prepare your application.
- With you until handoverPayment reminders and help with handover and certificate procedures.
Why Choose Palm River
An established, lived-in township
Palm Residence and Palm Heights are already occupied; The American School and an international hospital are inside the 30.6 ha township.
By the river, next to Thu Thiem
Surrounded by the Giong Ong To River and the Muong Kinh canal; about 1 minute to Binh Trung station and about 3 minutes to the Long Thanh – Dau Giay Expressway.
Resort-style amenities
68 on-site amenities: 70 m pool, Sky Onsen, 20th-floor infinity pool, golf simulator and kindergarten. Nearly 80% of the apartments are corner units, and every unit has two open sides.
Flexible cash flow
Sign the sale and purchase agreement after paying 10%; loans of up to 75% with 0% interest support for 24 months; discounts of up to 13% for fast payment.
Palm River FAQ
Which sub-zone of Palm City is Palm River?
Palm River (plot CC3) is a high-rise apartment complex with commercial and service space within the Nam Rach Chiec Central Area Project (Palm City), Quarter 19, Binh Trung Ward, Ho Chi Minh City. The developer is Nam Rach Chiec Co., Ltd., and the project is developed by Huong Viet Properties.
How much does Palm River cost?
From VND 168 million/m², including VAT and maintenance fee (per the sales policy publication). Each unit's price depends on the tower, floor, view and payment plan — HPR sends the unit-by-unit price list when you leave your phone number.
When is handover?
Expected in Q4 2028 (per the developer).
How much is the booking fee?
The booking fee is VND 100 million. Under the standard, special and loan plans, buyers sign the sale and purchase agreement after paying 10% (5% on signing the privileged account agreement + 5% on signing the agreement, booking fee deducted); under the fast plan, 70% is paid up to signing.
How do bank loans and interest support work?
Banks lend up to 75%; the developer covers interest (0%) on up to 55% of the unit value for 24 months (not beyond the handover date); principal grace period of 36–60 months. OCB offers loan terms of up to 40 years.
What is the maximum discount?
Fast plan 13%, standard plan 11%, special plan 6.5%; plus 1% for loyal customers and up to 1.5% for buying multiple units. The Early Birds offer ended on 30 September 2026.
Are the amenities shared by all residents?
Yes. The 68 amenities on the 1st, 2nd and 20th floors are for all Palm River residents.
What is included at handover?
Basic finishing with kitchen cabinets, induction hob, cooker hood, oven, ceiling-concealed air conditioning, sanitary ware and a fingerprint door lock (per the developer's provisional list).
Is there car parking?
Two connected basements with 633 car spaces and 1,240 motorbike spaces.
Get Palm River Prices & Sales Policy
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