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Palm River is the apartment sub-zone now on sale in the 30.2 ha Palm City township on the Giong Ong To River, Binh Trung Ward (former Thu Duc City). Four 36-storey towers with 2–3 bedroom apartments, duplexes and penthouses; expected handover in Q4 2028.
- 30.2 ha
- Palm City township
- 70 m
- Palm River swimming pool
- Q4 2028
- Expected handover
Palm City Project Overview
Palm City (legal name: Nam Rach Chiec Central Area Project) is a 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 City — Palm River sub-zone
- 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.
- Project manager
- Huong Viet Properties JSC
- Architecture
- DP Architects (Singapore); local architect NPH Consultants
- Landscape / interiors
- LJ-Group (Singapore) / Dark Horse Architects
- Township size
- about 30.2 ha along the Giong Ong To River
- Palm River scale
- 4 towers, 36 floors above ground, 2 basements, 149.45 m high
- Palm River products
- 620 apartments, 13 shophouses, 71 officetels
- Unit types
- 2-bedroom, 3-bedroom, duplex, penthouse; studio, 1-bedroom
- Palm River building density
- 39.5%, green coverage 20%
- Parking
- 633 car spaces, 1,240 motorbike spaces (2 basements)
- Green standard
- designed to EDGE criteria
- Expected handover
- Q4 2028
Palm City 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, Do Xuan Hop and the Ho Chi Minh City – Long Thanh – Dau Giay Expressway; about 3 minutes to the An Phu interchange.
- Rail: about 1 minute to Binh Trung station (Thu Thiem – Long Thanh railway, expected to be completed in 2030); about 5 minutes to Thu Thiem station.
- Airports: Tan Son Nhat about 25 minutes, Long Thanh about 30 minutes.
- Schools and hospitals: next to The American School (TAS) and the international hospital inside Palm City; close to AIS, Saigon Star, BIS and ISHCMC.
- Shopping: Thiso Mall, Estella Place, Vincom Mega Mall, Lotte Mall Thu Thiem.
Palm City Location Map
Palm City and Palm River Amenities
Palm River has 68 on-site amenities on the 1st, 2nd and 20th floors, open to all residents. 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.
70 m swimming pool
A 70 m pool overlooking the water, children's pool, jacuzzi and sun deck on the 1st floor.
Sky Onsen & spa on the 20th floor
Rooftop onsen, cold plunge pool, detox sauna, infrared sauna and relaxation lounge.
Infinity pool & Sky Gym
Infinity pool, gym and yoga deck on the 20th floor with views of the Thu Thiem skyline.
Golf simulator & entertainment
Golf simulator room, family cinema, private karaoke, game hub, billiards and table tennis.
Children & families
Kid's Club, children's water play area, playground, a 1,404.52 m² on-site kindergarten and a pet park.
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 & everyday life
Co-working space, residents' lounge, River View Lounge, café terrace and retail street on the 1st–2nd floors.
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 City Master Plan — Palm River sub-zone
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, with 4–6 units per floor and 5 lifts per tower.
Palm Residence & Palm Heights
The first two sub-zones (townhouses and apartments), launched in 2016 and already home to residents.
Palm River (CC3)
The sub-zone now on sale: four 36-storey riverside towers, a 70 m pool and a high-level amenity floor.
Palm Eden, Palm Rise, Palm Landmark
The township's next sub-zones and iconic tower.
Illustrative drawing; final design as per the sale and purchase agreement.
Palm City Apartment Types — Palm River
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).
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 bedrooms
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 & penthouse
42 duplexes and 8 penthouses on the upper floors.
Shophouse
Shophouses in the podium along Palm River's retail street.
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 City Prices — Palm River
Updated 13 Oct 2026
The developer has not yet published a public price list for Palm River. Each unit's price depends on the tower, floor, view and payment plan; discounts range from 6.5% to 13% depending on the plan (see the sales policy below).
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.
Palm City Sales Policy — Palm River
Effective from 1 Aug 2026Updated 13 Oct 2026
Under the developer's Palm River sales policy 08.2026, applicable to bookings from 1 August 2026 until a new policy is issued. Booking fee: VND 100 million.
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.
Standard plan — 11% discount
Sign the sale and purchase agreement after paying 15%; instalments of 5–10% every 3 months; 25% at handover, 5% on receipt of the certificate.
Special plan — 6.5% discount
Pay 30% up to handover; 65% at handover; 5% on receipt of the certificate.
Fast plan — 13% discount
Pay 70% within about the first 3 months; 25% at handover; 5% on receipt of the certificate.
Loan plan — 0% interest support
Bank loan of 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 eligible buyers).
Loyal customers — extra 1%
Owners at Palm Heights and Palm Residence; parents of TAS students; OCB priority customers; owners of other Huong Viet Properties projects.
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 City
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.
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.
Palm City Construction Progress
Updated 13 Oct 2026
- 1
Palm City launch
October 2016, with Palm Residence (townhouses) and Palm Heights (apartments) — both sub-zones are now inhabited.
- 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
Handover
Expected in Q4 2028.
Palm City Gallery
Illustrative renderings based on the developer's materials.
Palm City 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.
- Company
- HPR Real Estate Investment Joint Stock Company
- Business registration
- Business Registration Certificate No. 0317289140, issued by the Ho Chi Minh City Department of Planning and Investment on 12 May 2022
- Office
- No. 55 Tran Van Khe Street, Gia Dinh Ward, Ho Chi Minh City, Vietnam
Why Choose Palm City — 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 30.2 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.
Flexible cash flow
Sign the sale and purchase agreement from 10–15%; loans of up to 75% with 0% interest support for 24 months; discounts of up to 13% for fast payment.
Palm City 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.
When is handover?
Expected in Q4 2028.
How much is the booking fee?
The booking fee is VND 100 million. Depending on the plan, buyers sign the sale and purchase agreement after paying 10–15%.
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.
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 City Prices & Sales Policy
Leave your phone number and an HPR consultant will send you the Palm River price list and sales policy via Zalo during business hours. No spam, and your details are never shared with third parties.
Hotline 07 88 04 04 88
