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Palm River Palm City 2026: Riverside Resort Apartments With an Onsen

Posted by Khoi Pham on June 6, 2026
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Palm River — the final residential phase of the established Palm City township in East Ho Chi Minh City — is one of the most anticipated launches of the year, with an official debut expected in late June 2026. For buyers seeking a riverfront home in the former District 2 area, where waterfront land has become increasingly scarce, this is a rare and timely opportunity.

This overview brings together everything we know so far about Palm River: its location and riverfront advantage, the future connectivity unlocked by the Metro Line 2 extension and Long Thanh International Airport, the mature Palm City ecosystem already in operation, developer Huong Viet Holdings, and the broader growth momentum of East Saigon. Official pricing and sales policy will be published the moment the developer releases them — contact Realtique to be among the first to receive the price list.

Palm River at a Glance

Project Overview
📍 Location
Binh Trung Ward, East HCMC (former District 2) — Nam Rach Chiec, riverfront
🏛️ Developer
Huong Viet Properties · project company: Nam Rach Chiec Co., Ltd
🏙️ Township
Palm River — the flagship high-rise phase of the operating 30.2-hectare Palm City
🏗️ Scale & design
36-storey towers + 2 basements · only 6–8 units/floor · ~694 homes
🚇 Connectivity
Beside the Metro Line 2 extension (Ben Thanh – Thu Thiem – Long Thanh, planned) · next to Binh Trung station
🌿 Amenities
Resort township: ~3km riverfront park · elevated Taichi park · onsen · water park
🏫 Ecosystem
The American School (operating) · international healthcare · integrated retail
📜 Legal
Pre-launch, expected 2026 launch · Vietnamese freehold · foreign quota not yet confirmed (Viet Kieu pathway)
Product Range
Studio
Compact layouts
1–3 Bedroom
Family apartments
Duplex
Double-height
Penthouse
Riverside tower crowns
Figures per developer materials (pre-launch); areas, unit count and amenities may change — contact Realtique for the latest.

Palm River — The Final Chapter of Palm City

Palm City is one of the most established and fully operational townships in East Ho Chi Minh City. After years of development, its resident community, schools, retail centres and internal amenities are already in place, creating a mature living environment rather than a masterplan that exists only on paper. This distinction matters more than many buyers realise.

Palm River (formerly Palm Garden) is the phase that closes this development journey. As the final residential stage of Palm City, it inherits the full existing ecosystem while carrying the newest planning vision, with a focus on high-rise riverfront living. For buyers, the advantage is twofold: move in and immediately enjoy real, functioning amenities, while owning a product from the very last release — which typically features the most up-to-date design and handover standards across the entire township.

Being the final phase also means scarcity. Once Palm River sells out, the primary supply coming directly from the developer within Palm City will be effectively exhausted. For long-term investors, this limited-supply dynamic is an important part of the value story, because it supports both resale liquidity and long-term price resilience.

A Riverside Resort Township — With an Onsen — in East Saigon

To soak in a proper onsen, Saigonese have long had to fly to Quang Ninh or drive out to Long An. Palm River’s biggest differentiator is bringing that resort experience right into East Ho Chi Minh City: residents step out of their apartment into a spa-style relaxation setting instead of saving it for a weekend trip.

The whole of Palm City is master-planned as a “resort township in the heart of the city“: a riverfront park nearly 3km long, a ~500m south-bank retail promenade, and a landscape of water threading through the phase — the kind of amenity depth inner-city projects rarely have the land to deliver.

Tổ hợp tiện ích nghỉ dưỡng ven sông tại Palm River, Palm City | Riverside resort amenities at Palm River, Palm City
Tổ hợp tiện ích nghỉ dưỡng ven sông Palm River | Palm River riverside resort amenity complex

Beyond the onsen, Palm River’s amenities lean firmly toward wellness and family life:

  • An elevated Taichi park and relaxation lawns for exercise, meditation and downtime amid greenery.
  • A water park and children’s play areas — a genuinely valuable feature for families with young kids.
  • Riverside walking paths, a light garden, outdoor BBQ zones and green pockets across the phase.

This amenity set does more than lift daily living: it protects rental value, because a riverside resort community draws its own steady tenant pool.

Công viên Taichi và khu vui chơi trên cao tại Palm River | Elevated Taichi park and play area at Palm River
Công viên Taichi & khu vui chơi trên cao Palm River | Palm River elevated Taichi park
Công viên nước cho trẻ em tại đại đô thị Palm City | Children's water park at the Palm City township
Công viên nước cho gia đình tại Palm City | Family water park at Palm City

Palm River Product Range & Apartment Design

Palm River is Huong Viet’s first high-rise phase within Palm City, with roughly 694 homes across a broad range: from studios and 1–2–3 bedroom apartments to double-height duplexes and penthouses crowning the riverside towers. That spread lets both owner-occupiers and investors find a price point that fits.

The design is the standout: each tower rises 36 storeys over 2 basements yet places only 6–8 units per floor, with breathing space between apartments. The result is that most homes get natural light and cross-ventilation like a corner unit — largely avoiding the “boxed-in” middle apartments common in high-density towers.

Cụm tháp căn hộ Palm River bên sông lúc hoàng hôn | Palm River riverside apartment towers at dusk
Cụm tháp căn hộ Palm River ven sông | Palm River riverside apartment towers

Thanks to the riverfront plot and low per-floor density, most apartments face the river or internal greenery, and generous balconies become an extended living space — true to the “resort township” idea the project pursues. Exact areas, unit mix and per-line pricing will be released with the official sales policy; leave your details and Realtique will send the price list the moment it is available.

Ban công căn hộ Palm River nhìn ra sông và mảng xanh | Palm River apartment balconies over river and greenery
Ban công căn hộ Palm River nhìn ra sông | Palm River apartment balcony river views

The International Design Team Behind Palm River

What sets a luxury project apart is not only its location, but the experts behind every detail. According to the developer, Palm River brings together international design firms with a track record on landmark projects:

  • Dark Horse (Australia) — architecture and interior design, directly responsible for Palm River’s show units and sales gallery; the studio has won multiple Asia-Pacific design awards.
  • DP Architects – DPA (Singapore) — façade specialists behind Palm River’s floor-to-ceiling full-glass envelope, replacing solid walls with a light-reflecting riverside skin.
  • LJ Group (Brazil) — landscape architects with over two decades of experience, designing the riverside promenade and commercial boulevard; LJ Group also created the resort-grade landscapes at Eco Village Saigon River, Lotte Eco Smart City and Riviera Point.

This blend of international architecture, façade and landscape design positions Palm River as a refined resort-style address in East Saigon rather than an ordinary apartment block. With only around 620 apartments, Palm River is a boutique-scale development aimed at buyers who value aesthetics and lifestyle.

Prime East Saigon Location & a Rare Riverfront Setting

Palm River sits in East Ho Chi Minh City, within the former District 2 area — a location with a proven track record of capital appreciation and rental demand over the past decade. The east has long attracted a community of mid- to high-income residents, international professionals and skilled workers, generating steady, durable demand for both ownership and leasing.

The project’s standout feature is its riverfront position. Across central and inner-city Ho Chi Minh City, land directly beside the water is increasingly limited, making river-view homes a defensive asset class that tends to hold value well. Palm River apartments are designed to maximise river and greenery views, delivering a sense of openness that is genuinely rare within a high-density urban setting.

Beyond the visual appeal, a riverfront location is closely tied to quality of life: natural breezes, open space, waterside promenades and connection to the green corridors of Palm City. These are exactly the attributes buyers have come to prioritise in recent years, as wellbeing and a balanced living environment move to the top of the decision list.

The Metro Line 2 Extension & Long Thanh Airport Catalyst

One of Palm River’s most compelling forward-looking advantages is connectivity. The project is located next to the planned Metro Line 2 Extension, which is expected to connect Ben Thanh Station – Thu Thiem Station – Long Thanh International Airport. Once completed, residents will be able to travel between Ho Chi Minh City’s central business districts and Vietnam’s largest international airport through a direct rail connection.

This is not simply about convenience. Historically, major metro infrastructure has had a meaningful impact on both property values and rental demand in surrounding areas. The transit-oriented development (TOD) effect has already been demonstrated along the operating Metro Line 1, where prices around stations have appreciated steadily since launch — a real-world precedent rather than a theoretical projection.

As Long Thanh International Airport prepares for operation, projects positioned along this future transportation corridor are expected to benefit from improved accessibility and stronger long-term demand. For Palm River, the metro factor elevates the everyday resident experience while standing out as one of the genuine long-term drivers of value that investors should weigh carefully.

East Saigon — The City's Next Growth Centre

Recent market data confirms that the east continues to lead real estate interest across Ho Chi Minh City. By share of buyer interest across the city’s regions, the eastern area records the highest growth in attention compared with the western, northern and southern areas — a clear reflection of buyer and investor confidence in the area’s long-term potential.

Alongside this, Hanoi-based users searching for Ho Chi Minh City real estate also concentrate most heavily on the east, showing that the area’s appeal extends well beyond local residents. Apartment prices across the former District 2, Thu Duc and former District 9 have all trended upward, reinforcing the case for the east as the city’s emerging growth pole.

Within this picture, Palm River brings together several reinforcing factors: an eastern location, a riverfront setting, proximity to a future metro line and a position inside an already-operating township. The infographic below summarises why East Saigon is widely regarded as the city’s next growth centre.

The Palm City Ecosystem — Already Up and Running

Unlike many projects that launch while their amenity infrastructure still exists only on the drawing board, Palm River enjoys a distinct advantage: residents gain immediate access to the established, operating Palm City ecosystem. This dramatically shortens the gap between the day you receive your home and the day you actually enjoy the full suite of amenities.

The Palm City ecosystem includes the building blocks of a mature community: international education, a network of retail and services, healthcare facilities, and a settled resident community. For families with young children, having schools and essential services already present within a short radius is often the deciding factor.

Within the phase itself, Palm River is planned with green spaces, play areas and landscaped grounds at the base of the towers, creating a living environment that is friendly to every generation. The combination of new in-phase amenities and the existing Palm City ecosystem delivers a complete living experience from day one. The Palm City township spans about 30.2 hectares, anchored by the operating The American School alongside its retail, services and riverfront amenities.

👉 See the full township overview: What is Palm City — the 30.2ha township next to Thu Thiem.

Developer Huong Viet Holdings & Construction Progress

Palm River is developed by Huong Viet Holdings (Huong Viet Properties). The project is delivered by Nam Rach Chiec Co., Ltd, part of the Huong Viet Properties group, building Palm River within the wider 30.2-hectare Palm City township. The fact that the phase is being delivered methodically within an already-operating Palm City township is an important basis for buyers assessing the reliability of the product.

On site, Palm River’s components are under construction in parallel with the continued completion of the wider Palm City township. Actual construction progress is one of the key criteria buyers should monitor closely, alongside legal documentation and sales policy. Realtique will provide regular progress updates so clients can track real on-the-ground developments rather than rely solely on renders.

Legal, Ownership & Financing

Ownership: For domestic buyers, Palm River is a chance to own a luxury riverside resort apartment in East Saigon. Based on developer information at the pre-launch stage, Palm River apartments are expected to be available to foreign buyers (within the 30%-per-tower quota) — however, the official policy and conditions will be confirmed at launch. Foreign and overseas-Vietnamese (Viet Kieu) buyers are encouraged to contact Realtique for updates as soon as this is officially confirmed, as well as guidance on a Long-Term Lease Agreement (LTLA) where relevant.

Indicative pricing & launch timing: Based on preliminary information at the introduction stage, Palm River is expected to be priced at around VND 180–220 million/m², with the project expected to launch in September 2026. Note: these are indicative figures only and not official — final pricing, payment policy and launch schedule will be announced by the developer. Please contact Realtique for the latest official price list as soon as it is available.

Why Palm River Stands Out for Investors

From an investment standpoint, Palm River combines several characteristics that experienced buyers look for in a single asset. First is scarcity: as the final phase of Palm City, it represents the last block of primary supply within a township that has already proven its desirability, which tends to support both resale liquidity and long-term price stability.

Second is the infrastructure catalyst. The Metro Line 2 extension and the future Long Thanh International Airport are not speculative talking points but planned transport corridors. As history along Metro Line 1 has shown, properties positioned ahead of such infrastructure often capture value as the network comes online — an advantage that rewards early movers.

Third is rental demand. East Saigon’s deep base of professionals, international families and skilled workers underpins a resilient leasing market. A riverfront apartment within a mature, fully serviced township is precisely the type of product that commands premium rents and low vacancy. Together, scarcity, infrastructure and rental depth form a compelling, multi-layered case for long-term holders.

Palm River — Frequently Asked Questions

Where is Palm River located?
Palm River is in East Ho Chi Minh City (the former District 2 area), the final phase of the Palm City township, with a riverfront position next to the Metro Line 2 extension.

When does Palm River launch?
The project is expected to officially launch in late June 2026. Exact timing and policy will be confirmed by the developer.

Who is the developer?
Palm River is developed by Huong Viet Holdings (Huong Viet Properties). The project is delivered by Nam Rach Chiec Co., Ltd, part of the Huong Viet Properties group, building Palm River within the wider 30.2-hectare Palm City township.

What makes Palm River different?
A rare riverfront setting, proximity to a future metro line connecting Long Thanh Airport, and — crucially — immediate access to the fully operating Palm City ecosystem.

How much does Palm River cost?
Official pricing has not yet been released. Please contact Realtique to receive the price list and policy as soon as the developer publishes them.

How much does Palm River cost, and when does it launch?
Indicative pricing is around VND 180–220 million/m², with the project expected to launch in September 2026. These figures are indicative and not yet official — contact Realtique for the official price list once released.

Huong Viet Holdings — Project Portfolio
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
Exclusive Advisory by Realtique

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Grace Le - Realtique
YOUR ADVISOR
Grace Le
Senior Property Consultant, Realtique

Grace Le advises local, overseas Vietnamese and international buyers across HCMC’s East side — and is Realtique’s lead consultant for the Palm River (Palm City) phase, having produced the project’s introduction video.

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