Nam Rach Chiec Company Limited together with Huong Viet Properties held the Palm City Urban Area Kick-off Ceremony and officially launched the Palm River subdivision, marking the beginning of a new development phase for the 30.2-hectare urban township in Binh Trung Ward (formerly District 2), Ho Chi Minh City.
The event marks a significant transformation of Palm City under the new development orientation of Huong Viet Properties, with a vision to create an “Urban Retreat in the City, a destination that balances modern urban living with a nature-inspired environment.
The area is adjacent to Thu Thiem, the future international financial center of Ho Chi Minh City, and benefits from connectivity through major infrastructure projects, including the An Phu Interchange, the Ho Chi Minh City – Long Thanh – Dau Giay Expressway, the North–South High-Speed Railway, the Thu Thiem – Long Thanh Metro Line, and transportation links to Long Thanh International Airport.

As infrastructure continues to improve and connectivity becomes increasingly seamless, master-planned urban developments offering comprehensive amenities and high-quality living environments are becoming the preferred choice for homebuyers.
Planned across 30.2 hectares, Palm City is being developed under the concept of an “Urban Retreat in the City,” where natural elements such as waterways, riverside parks, and open green spaces are seamlessly integrated into everyday urban life. The project integrates a diverse range of functions, including high-rise and low-rise residential developments, commercial and service facilities, international schools, international hospitals, and community amenities, comprehensively meeting residents’ needs for living, working, studying, and healthcare within a single urban township.
Speaking at the event, Mr. Nguyen Si Toan, Chief Executive Officer of the High-Rise Residential Business Division, Huong Viet Properties said: “Palm River marks the beginning of a new development phase for Palm City. This is not merely the launch of a new subdivision; it also reflects our long-term commitment to developing a large-scale urban township that is thoughtfully planned, professionally invested, and oriented toward sustainable value. We believe that the value of an urban township is not defined by the speed of its development, but by its ability to create an increasingly better living environment over time.”

Palm River is the first subdivision to be launched in Palm City’s new development phase. The project offers a diverse product portfolio, with unit sizes ranging from 34.86 square meters to more than 300 square meters, and is expected to be launched to the market in 2026.
Located along the riverfront, Palm River is designed with an architectural language inspired by nature, drawing on the imagery of palm leaves and the flow of water as its core themes. Natural light, ventilation, and green spaces are optimized to support a daily resort-style living experience. Palm River integrates a hydrotherapy-inspired amenity system, with water serving as the guiding element, creating a journey of rejuvenation where the pace of urban life is balanced by daily experiences of relaxation and restoration.
The combination of international design thinking and a deep understanding of Ho Chi Minh City’s urban lifestyle is reflected throughout Palm River’s architecture, landscape, and amenity system. The subdivision offers a living environment where green spaces, waterways, and wellness-oriented facilities are seamlessly integrated into everyday life, shaping a resort-style urban living experience, a lifestyle trend increasingly sought after by modern residents.
Many components of Palm City have already been completed and are now operational, including Palm Residence, Palm Heights, international school facilities, and riverside parks. These developments have contributed to the formation of an established residential community and laid the foundation for future development phases.
As homebuyers increasingly prioritize quality of life, resident experience, and practical living value, Palm City is positioned as an “Urban Retreat in the City,” where residents can enjoy the dynamism of urban living while rejuvenating themselves every day through a resort-inspired amenity system.
With Palm River, Huong Viet Properties continues to complete the vision of Palm City, aiming to create a subdivision that embodies a resort-living spirit through a water-inspired amenity ecosystem, delivering a distinctive rejuvenation experience.
Source: By Vietnam Business Forum
