2026 Supply Update: New Apartments In HCMC

The apartment market in HCMC is showing clear signs of recovery after a prolonged period of constrained new supply. However, the market remains highly segmented by location, product class, and pricing. This article provides an overview of the new apartments in HCMC and highlights notable apartment projects currently under construction across the city.

table of content  1. Overview of new apartment supply in HCMC  2. Notable new apartment projects in HCMC  2.1 The Metropolis 2.2 Masteri Cosmo Central 2.3 Orchard Collection 2.4 Gladia Heights 2.5 Lumière Midtown 2.6 Eaton Park 2.7 The Metropole Thủ Thiêm 2.8 The Berkley 2.9 Celesta Rise 2.10 Grand Marina Saigon 3. Frequently Asked Questions  

1. Overview of new apartment supply in HCMC 

The HCMC apartment market entered 2026 showing signs of recovery after a prolonged period of constrained supply. However, the market remains highly segmented by location, product type and price, with new launches concentrated in the high-end and luxury segments, particularly above VND 120 million/m2. At the same time, mid-range apartments are increasingly scarce in central areas. 

This supply imbalance is driving development beyond the city centre. With limited land availability in preferred urban districts and ongoing infrastructure improvements, many new apartment projects are expanding into surrounding areas. More than 60% of the new luxury apartment supply is concentrated in the eastern area, particularly Thu Thiem, and along Nguyen Huu Tho Street in the south. 

However, due to legal procedures and increasing development costs, the number of newly launched projects remains below expectations. In Q1/2026, 1,900 units were launched, while a larger supply pipeline is expected during the 2026–2029 period.

2. Notable new apartment projects in HCMC    

2.1 The Metropolis  

• Address: 10 Mai Chi Tho Street, An Khanh Ward 
• Developer: Sun City Real Estate Investment and Development Company Limited 
• Scale: 6 towers 
• Expected handover: TBD 
• For detailed consultation: (+84) 969696201 

The Metropolis is emerging as one of the most notable new apartment projects in the Thu Thiem Peninsula. Located on a prime 9.6 ha land plot along Mai Chi Tho Boulevard, the project is planned as a large-scale transit-oriented development (TOD), with direct integration into the future of Thu Thiem Central Station. This major transport hub is expected to connect to Metro Line 2, the Long Thanh Airport metro, and the North-South high-speed railway. 

The Metropolis is designed to offer a comprehensive living environment with a strong focus on greenery, lifestyle amenities, and resident experience. Showcasing an urban forest” concept, daily living, connectivity, and wellness are brought together within one integrated ecosystem. The project's combination of future-ready infrastructure and natural surroundings provides a strong competitive edge in HCMC's apartment market. 

2.2 Masteri Cosmo Central 

• Address: The Global City, Binh Trung Ward 
• Developer: Masterise Homes 
• Scale: 6 towers 
• Expected handover: Q3/2028 
• For detailed consultation: (+84) 969696201 

Masteri Cosmo Central is designed for homebuyers seeking a modern and well-connected living environment in the heart of The Global City. Positioned opposite the music canal, the project offers open waterfront views from more than 80% of its apartments. Residents also have access to a full range of shopping, entertainment, education and healthcare facilities within the township. 

As a notable new apartment in HCMC, Masteri Cosmo Central is positioned for dynamic urban living, focusing on young families, professionals, and senior executives working in the Saigon Hi-Tech Park, Cat Lai Port, and Thu Thiem office clusters.   

2.3 Orchard Collection  

• Address: Hung Vuong Boulevard, Binh Duong Ward 
• Developer: CapitaLand 
• Scale: 4 towers 
• Expected handover: Q4/2028 
• For detailed information: (+84) 969696201 

As the final phase of Sycamore township, Orchard Collection represents its most exclusive luxury apartment offering. Rather than pursuing scale, the project focuses on a more intimate living experience, with low-density planning, abundant greenery, and thoughtfully designed spaces that promote privacy and tranquillity. 

One of Orchard Collection’s defining features is its strong connection to nature. A private pathway links the development directly to the 4-ha Welcome Park, giving residents easy access to expansive green space and a more relaxed outdoor lifestyle. Within the project, residents can enjoy a curated selection of amenities, including a swimming pool, gym and landscaped leisure areas. Among the latest apartments in Saigon, Orchard Collection distinguishes itself through its low-density design, premium specifications and the international development expertise of CapitaLand Development.

2.4 Gladia Heights  

• Address: 575 Vo Chi Cong Street, Binh Trung Ward 
• Developer: Keppel and Khang Dien  
• Scale: 3 towers 
• Expected handover: End of 2027 
• For in-depth consultation: (+84) 969696201 

Gladia Heights has emerged as one of the standouts residential projects in the former District 2 area as the first premium development within the integrated Gladia By The Waters township. Gladia Heights benefits from the expertise of two established developers, Keppel and Khang Dien, and assures buyers’ confidence in quality and delivery. Reflecting a contemporary approach to urban living, the units feature refined architecture, generous open spaces and expansive facades designed to maximise natural light and ventilation. 

For buyers searching for a new apartment in HCMC, Gladia Heights offers a compelling blend of quality, connectivity and lifestyle. As one of the latest apartments in Saigon currently under development, it is well-positioned to appeal to both owner-occupiers and investors seeking long-term value in the city's eastern growth corridor. 

2.5 Lumiere Midtown  

• Address: The Global City, Binh Trung Ward 
• Developer: Masterise Homes 
• Scale: 2 towers 
• Expected handover: Q3/2027 
• For detailed information: (+84) 969696201 

Lumière Midtown marks the first high-rise development in Masterise Homes’ premium Lumière Series within The Global City. The project combines modern design with biophilic principles, creating a distinct identity. Rather than following the purely functional approach seen in many developments, Lumière Midtown emphasises expansive glass facades, thoughtfully designed interiors, and high-quality finishes that maximise natural light and strengthen the connection between indoor and outdoor spaces. 

Among the latest apartments in HCMC, Lumière Midtown appeals to buyers seeking a contemporary urban lifestyle. Found in The Global City, and leading with a design-first approach, future tenants will include young professionals, international residents and families looking for a well-connected community. 

2.6 Eaton Park   

• Address: Mai Chi Tho Boulevard, An Phu Ward, Thu Duc City 
• Developer: Gamuda Land 
• Scale: 6 towers 
• Expected handover: 2027 
• Book a viewing: (+84) 969696201 

Eaton Park presents a nature-led approach to urban living, bringing together the energy of the city and the tranquillity of green spaces. A defining feature of the project is its biophilic design philosophy, which integrates greenery throughout the residential environment rather than confining it to landscaped areas. As one of Gamuda Land’s new apartments in HCMC, Eaton Park reflects the developer’s long-standing focus on creating sustainable and liveable communities. 

This vision is expressed through generous green spaces, carefully planned building density and a comprehensive range of resident amenities. Located at the gateway to Thu Thiem, with views towards the city’s financial centre, Eaton Park offers a compelling option for buyers seeking a new apartment in HCMC that combines urban connectivity with a more balanced living environment.

2.7 The Metropole Thủ Thiêm 

• Address: D6 Street, New Urban Area, An Khanh Ward 
• Developer: SonKimLand  
• Scale and handover timeline: 
  - The Galleria Residence: 3 towers, handed over in 2021
  - The Crest Residence: 2 towers, handed over in 2023
  - The Opera Residence: 2 towers, handed over in 2024 
  - The OpusK Residence: 2 towers, expected handover in 2026 
• Consultation hotline: (+84) 969696201 

Set along the Saigon River in Thu Thiem, The Metropole is helping shape a new chapter of apartments in Saigon. Drawing inspiration from internationally recognised waterfront districts, the project combines residential, retail and public spaces within a master-planned environment designed to encourage walkability and community interaction. 

The development consists of several residential phases, each with its own design identity and character. The Galleria draws inspiration from art and culture, while The Crest focuses on a vibrant urban lifestyle. The Opera and The OpusK introduce a more exclusive residential offering, reflecting the project's progression towards increasingly refined living experiences. 

For buyers exploring the latest apartments in Saigon, The Metropole offers more than just a residential address. Wellness amenities, riverfront surroundings and proximity to the city's future financial hub contribute to a living environment that balances convenience, connectivity and long-term appeal. 

2.8 The Berkley 

• Address: 177 Vo Nguyen Giap Street, An Khanh Ward 
• Developer: SonKim Land 
• Scale: 1 tower 
• Expected handover: 2026 
• Book a show unit viewing: (+84) 969696201 

The Berkley takes a different approach to residential living in eastern HCMC, placing greater emphasis on privacy and a more intimate residential environment. With only 85 residences, the project is smaller in scale than many of the area's larger apartment developments. 

This smaller scale allows the space to be the main focal point. Rather than maximising unit numbers, The Berkley prioritises generous layouts and thoughtful design. For example, one-bedroom apartments offer up to 106 m2 and feature three open sides, a rare configuration that enhances natural light, ventilation and overall liveability. 

Located near Thao Dien's established international community, The Berkley is designed for buyers seeking a more private residential experience. Among the latest apartments in HCMC, the project stands out for its boutique scale, spacious homes and emphasis on quality over density. 

2.9 Celesta Rise 

• Address: 15A Nguyen Huu Tho Street, Nha Be 
• Developer: Keppel Land and Phu Long 
• Scale: 5 towers 
• Handover timeline: Q4/2024 
• Book a project tour: (+84) 969696201 

Celesta Rise marks the opening phase of the CELESTA township, making a strong impression on the Nha Be residential market through the strategic partnership between Keppel Land and Phu Long. The project appeals to homebuyers with its sustainable design approach, recognised by the prestigious BCA Green Mark Gold certification from Singapore.  

The living environment at Celesta Rise is defined by a resort-inspired green lifestyle, with the tower footprint accounting for only around 25% of the site and the remaining space dedicated to ecological landscaping and water features. Each apartment is carefully planned to optimise natural ventilation, daylight, and overall living comfort. 

As one of the new apartments in HCMC with a strong focus on wellness-oriented living, Celesta Rise offers 40 lifestyle amenities, including a 50-m resort-style swimming pool, a three-level clubhouse, a community garden, and a dedicated pet park. 

Celesta Rise stands out as a compelling residential option for homebuyers seeking an HCMC new apartment project with thoughtful handover quality, clear legal status, and a comprehensive living environment. 

2.10 Grand Marina Saigon 

• Address: Ton Duc Thang Street, Sai Gon Ward 
• Developer: Masterise Homes 
• Scale: 8 mixed-use towers with luxury residences, offices, and retail spaces, and modern basement parking 
• Handover timeline: 2024 
• Consultation hotline: (+84) 969696201 

Grand Marina Saigon introduces a hospitality-led residential concept development partnered with JW Marriott. A key differentiator is the integration of hotel-style services into everyday living, offering branded residences with concierge support, housekeeping and professional property management. 

The project also benefits from a prominent riverfront location along the Saigon River, complemented by a range of lifestyle amenities including an infinity swimming pool, yacht marina and an 850-m promenade. Among the latest apartments in Saigon, Grand Marina Saigon stands out for its blend of residential living and hospitality services, appealing to buyers seeking a new apartment in HCMC with a strong emphasis on convenience, service and waterfront living. 

3. Frequently Asked Questions  

1. Should I buy an apartment under construction in HCMC? 

Buying an apartment under construction can offer advantages such as a wider choice of units and more flexible payment schedules. However, buyers should carefully assess the project's legal status, construction progress and the developer's track record before making a decision. 

Working with a reputable property adviser can help minimise risk. At Savills, projects undergo careful review before being introduced to clients, providing buyers with greater transparency, confidence and professional guidance throughout the purchasing process. 

2. Are newly launched apartments cheaper than completed apartments? 

This is a common misconception. Newly launched apartments are not always cheaper than completed units, and in fact, early-stage launch prices may be more competitive to attract buyers. However, for premium projects or developments backed by strong brands, launch prices can be equal to or even higher than completed apartments in the same area. Buyers should compare the total cost of ownership, including selling price, payment schedule, mortgage costs, management fees, handover quality, and potential capital appreciation after project completion. 

3. What should buyers consider when purchasing an apartment under construction? 

When purchasing an apartment under construction, buyers should review the project's legal status, construction progress and developer track record. It is also important to understand key terms within the sale and purchase agreement, including payment schedules, handover timelines, finishing specifications and potential additional costs. 

For buyers exploring new apartments in HCMC, professional advice can provide a valuable perspective on a project's quality, risks and suitability, helping support a more informed purchasing decision.

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