What Is Palm City? A Full Overview of the 30.2ha Township Next to Thu Thiem (2026)
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Palm City is one of the most notable integrated townships in East Ho Chi Minh City, sitting right beside the new Thu Thiem financial centre. Spanning roughly 30.2 hectares with an international school and amenities already in operation, and located within the TOD zone around the Thu Thiem super-station, Palm City is positioned as a gateway linking established East Saigon with the city’s emerging growth poles. This guide covers the full picture of the township: location, subdivisions, infrastructure, amenities and developer.
What Is Palm City?
Palm City is an integrated township of about 30.2 hectares in Binh Trung Ward, East Ho Chi Minh City (the former District 2), within the riverside Nam Rach Chiec area and adjacent to the new Thu Thiem urban centre. It is developed by Huong Viet Holdings, with Nam Rach Chiec Co., Ltd as the legal developer. Unlike many projects that launch while their amenities are still on paper, Palm City already has residents and part of its facilities in operation — including The American School.
| 📍 Location | Binh Trung Ward, East HCMC (former District 2), riverside, next to Thu Thiem |
| 🏛️ Developer | Nam Rach Chiec Co., Ltd — developed by Huong Viet Holdings |
| 📐 Scale | Approx. 30.2 hectares |
| 🏙️ Subdivisions | 6 subdivisions (high-rise & low-rise) |
| 🎓 On-site amenities | The American School (operational), international hospital, Grade A+ office, retail streets |
| 🚇 Connectivity | Beside Thu Thiem super-station (TOD 5.0), Metro Line 2 & Thu Thiem – Long Thanh line |
| 🌊 Landscape | 3km+ riverside park, 500m commercial promenade |
| 🏗️ Status | Under development — Palm River apartment phase launching soon |
Prime Location: Next to Thu Thiem, in the TOD 5.0 Zone
Palm City’s biggest strength is its location. The township sits immediately next to the Thu Thiem financial centre — about a 5-minute drive — and within the transit-oriented development (TOD) zone around the roughly 17-hectare Thu Thiem super-station. This is the hub of several key lines: the extended Metro Line 2, the Thu Thiem – Long Thanh urban railway, and the North–South high-speed railway (whose southern terminus is at Thu Thiem station).
Projects within roughly 2 km of a metro station tend to see stronger value growth as infrastructure completes. Palm City is positioned as “close enough for convenience, far enough for calm” — just one station from the Thu Thiem super-station, yet set apart from the noise of the core.
The Subdivisions of Palm City
Palm City comprises six subdivisions, combining low-rise landed products with high-rise apartments:
- Palm Heights — an apartment subdivision already handed over and occupied.
- Palm Residence — apartment blocks with completed towers; the remaining low-rise section continues to be developed.
- Palm River — the riverside high-rise apartment phase, currently being prepared for launch (see below).
- Palm Eden — a subdivision positioned for higher-end services, developed in a later phase.
- Palm Rise — a high-rise subdivision in the township’s development roadmap.
- Palm Landmark — the signature subdivision with an iconic commercial tower and a retail podium, including an area oriented toward premium brands.
Note: subdivision names, scale and roadmap are indicative and may change per the developer’s official announcements.
Amenities & Resort-Style Landscape
Palm City is planned as a “riverside resort township.” The estate features a ~500m commercial promenade and a 3km+ network of wellness and jogging paths along the river — including a commercial route, an “oxygen forest” jogging route, a sunset route and a riverside route — alongside a riverside park, squares and water-feature landscapes.
The Palm River apartment phase adds resort-style amenities such as an onsen (hot mineral bath) at the podium, an infinity pool and sky BBQ areas — bringing a resort experience into everyday living.
International Design Team & Developer
According to the developer, Palm City (and Palm River in particular) brings together international design firms: Dark Horse (Australia) for architecture and interiors, DP Architects – DPA (Singapore) for the glass façade, and LJ Group (Brazil) for landscape — the firm behind Eco Village Saigon River, Lotte Eco Smart City and Riviera Point.
On the corporate side, Palm City’s legal developer is Nam Rach Chiec Co., Ltd, and the project is developed by Huong Viet Holdings (through Huong Viet Properties). The portfolio below summarises the developer’s track record.
| Commercial Flagship: The Hallmark | 5 projects under development · 363,700 m² GFA |
| High-rise residential Flagship: Palm City | 10 projects · 31,800 units · 2,832,000 m² GFA |
| Township housing Flagship: LA Home | 4 projects · 23,900 units · 570 ha |
| Industrial Flagship: KCN Prodezi | 3 projects · 690 ha |
Palm River — The Riverside Apartment Phase Drawing Attention
Among Palm City’s subdivisions, Palm River is the riverside high-rise apartment phase attracting the most interest right now — a boutique scale of around 620 apartments, large 2–3 bedroom layouts, a full-glass façade and onsen amenities. It is also the phase expected to be available to foreign buyers (pending official confirmation from the developer). Indicative pricing is around VND 180–220 million/m², with launch expected in September 2026 — these figures are indicative and not yet official.
👉 See the full location, design, amenities and legal details in: Palm River Palm City — Riverside Resort Apartments With an Onsen.
Frequently Asked Questions About Palm City
Where is Palm City?
Palm City is in Binh Trung Ward, East Ho Chi Minh City (former District 2), in the riverside Nam Rach Chiec area, next to the Thu Thiem urban centre.
Who is the developer of Palm City?
The legal developer is Nam Rach Chiec Co., Ltd; the project is developed by Huong Viet Holdings.
How many subdivisions does Palm City have?
Six subdivisions, spanning high-rise apartments and low-rise products; Palm Heights and Palm Residence already have handed-over products, while Palm River is the apartment phase preparing to launch.
How far is Palm City from Thu Thiem?
About a 5-minute drive to the Thu Thiem financial centre, and just one metro station from the Thu Thiem super-station.
Can foreigners buy?
Apartments in the Palm River phase are expected to be available to foreign buyers (within the 30%-per-tower quota); the official policy will be announced at launch. Contact Realtique for updates.
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KC Pham
KC Pham is the CEO of Realtique, advising local and international clients on Vietnam’s most exclusive properties.















