Should I buy a Rivergate apartment in district 4?
Amidst the hustle and bustle of Saigon life, owning an apartment in the city center is not only a dream of settling down but also a long-term financial strategy.
District 4 – with its location adjacent to District 1, scarce land fund and rapid urbanization – is gradually becoming a sought-after destination for both homebuyers and investors. Among the outstanding projects in this area, Novaland’s Rivergate Residence attracts attention for its prime location, modern design and stable rental potential.
However, in a time when the market is volatile, information is sometimes exaggerated, is Rivergate really suitable for you – for your needs, lifestyle and financial capacity?
This article will help you unpack each layer of information, from the obvious advantages to the less talked about aspects, so you can make a truly informed and realistic decision.
1. Should I buy Rivergate apartment in district 4?
Whether to buy a Rivergate apartment in District 4 in 2025 depends on the purpose of use and financial capacity of the buyer. For buyers to live, Rivergate is an ideal choice thanks to its central location, full amenities, and modern living space, suitable for young families, singles or professionals working in District 1 and neighboring areas. The community of residents here has been formed since 2017, providing a stable and civilized living environment. The apartments are handed over with complete interiors, helping buyers to move in immediately without having to spend additional renovation costs.
For investors, Rivergate offers attractive profit opportunities thanks to its strategic location and high rental demand in the central area. Officetels and 1-2 bedroom apartments are especially suitable for renting, with stable profit margins. However, investors need to consider the time of purchase to optimize profits, while closely monitoring credit policies and real estate market trends in 2025.
If you intend to invest long-term (5-10 years), Rivergate is a worthy choice thanks to the potential price increase of District 4 and the development of regional infrastructure. However, there will still be some challenges if you decide to invest in this project. To make the right decision, buyers should directly visit the project, review the actual apartments, and carefully study the legality and sales policies from reputable trading floors. Let’s learn more about this project!
2. Overview of Rivergate apartment project district 4
Located right on the frontage of Ben Van Don Street – one of the most beautiful and bustling streets in District 4 – Rivergate Residence is one of the few projects in the near-central area of Ho Chi Minh City that has been completed, put into stable operation, has clear legal status and is highly appreciated for its long-term use value.
This project is invested and developed by Novaland Group, one of the prestigious and experienced investors in the Vietnamese real estate market. Rivergate was started in 2015 and handed over in 2017 – that is, more than 7 years of operation, which is enough time to evaluate the actual quality of life and investment potential of a project!
Rivergate Residence is located at 151-155 Ben Van Don, Ward 6, District 4, just a few steps from District 1 across Ong Lanh Bridge. With the advantage of being parallel to Vo Van Kiet Avenue, Rivergate enjoys a fast connection network, convenient for both commuting and business or leasing.
Rivergate is built on a total area of over 7,000m², including 2 towers of 27 and 33 floors, providing a total of 418 apartments, along with nearly 500 officetels and some shophouses on the ground floor. The construction density is only about 48%, the rest is for green space, walkways and internal utilities, creating an airy feeling even in the heart of the city.
The product types here are very diverse:
- Officetel (area from 27–56m²) for small business customers or those who need a workplace near the center
- Apartments from 1 to 3 bedrooms (area from 56–110m²) suitable for singles, young families to large households
- Shophouses in the base block, suitable for opening shops, cafes, or investing in rentals
Rivergate is not a brand new or flashy project in the trendy style, but it is a practical, sustainable product and suitable for those who are looking for safety in choosing to buy a house or invest in the long term.
To make the right decision, you should continue to learn more about the location advantages, apartment design, internal facilities as well as actual transfer and rental prices in the following sections of this article!
3. Location & regional connectivity of Rivergate Apartment
If we had to pick out the key factor that helps Rivergate apartment maintain its sustainable appeal over the years, there is no doubt that it is the prime location where this project is located. With a frontage on Ben Van Don, a riverside road stretching across the west of District 4, Rivergate apartment is almost at the “golden” threshold when it only takes a few minutes to walk to District 1 – the most vibrant financial, administrative and entertainment center in Ho Chi Minh City.
Ong Lanh Bridge is the bridge that directly connects the project with Vo Van Kiet Avenue, from which you can turn straight to Ben Thanh Market, Nguyen Hue walking street or major roads such as Ham Nghi, Nam Ky Khoi Nghia. Moving from Rivergate apartment to districts such as District 1, District 3, District 5 or even Thu Duc is also extremely convenient, thanks to the expanding transportation network of both roads and future Metro lines.
Interestingly, despite being located close to the center, Rivergate apartment is not as “noisy” as people often think. On the contrary, thanks to being located along the Ben Nghe River and separated by a road with a spacious embankment, the space here is quite cool, the river breeze blows almost all year round. In the afternoon or early morning, you can easily see the image of residents walking and jogging along the riverside park – which is also a rare plus point in other high-rise buildings in the inner city.
In addition, Rivergate apartment is not located in areas with complicated planning or clearance, you can feel more secure about the legal and long-term aspects. Although the Ben Van Don area has almost developed all its land fund, this stability is the factor that guarantees the value of apartments here in the long term.
It can be said that if you are looking for a place “almost like District 1 but not District 1“, Rivergate is a name worth considering. It combines all the elements: beautiful location, convenient transportation, riverside space and surrounding living amenities – all contributing to creating a comfortable and pleasant living environment in the heart of the city.
4. Rivergate Apartment: Design and living experience
When choosing to buy an apartment, many people often pay attention to price, location or amenities, but a very important factor that is often overlooked is the overall design and the feeling of space when living long term. At Rivergate Residence, the design is not “ostentatious” or artistically innovative, but impresses with its practicality, reasonableness and ease of living – many residents who have tried it have admitted after a period of use.
The spacious lobby, high ceiling, lots of natural light, and the use of large glass create an open and comfortable feeling, not stuffy like some other high-rise apartments.
Apartments at Rivergate have an area ranging from 56m² to more than 90m², corresponding to 1, 2 or 3 bedroom apartments. The apartment layout is considered neat, easy to arrange furniture and reasonable for daily life. The living room is often arranged in connection with the kitchen, with a spacious balcony, enough for you to place a small table and chairs, a few pots of green plants or simply a chair to read a book and watch the city in the afternoon.
A very valuable advantage is that many apartments here have a view of the Ben Nghe River or District 1, bringing a feeling of openness and coolness – something that is difficult to find in projects located in the middle of crowded residential areas. With a river view, you can not only enjoy the natural cool breeze, but also avoid the “stuffy” feeling often found in apartments with windows facing the opposite wall.
However, because it has been put into use since 2017, the current market has many apartments that have been completely renovated by the previous owner, in a minimalist Japanese style, modern Korean style, or sophisticated European style. This is a great advantage for buyers because they can choose an apartment that suits their aesthetic taste without having to spend a lot of money on redecorating from the beginning.
Overall, the living space at Rivergate is not too flashy, but scores points for practicality, convenience and comfort. This is the type of apartment suitable for those who want to live stably and long-term in the central area, or simply want a place to live close to work, with enough amenities, privacy, and still keep breathing space to relax every day.
5. Internal and external facilities of Rivergate Apartment
Rivergate Apartment District 4 is built according to the model of a modern apartment complex – meaning that residents almost do not have to go far but still have all the necessary facilities for a comfortable life right in the heart of the city center.
Right on the campus, the 7th floor is a common utility space, residents can relax, exercise or organize meetings with friends and family.
- A large infinity pool with a view of the river is very airy, ideal for relaxing every afternoon
- A fully equipped, airy and clean gym
- Outdoor BBQ area for weekend gatherings
- Children’s play area gives children a safe space to exercise
- Winmart+ supermarket
- 7-Eleven convenience store
- Pharmacity pharmacy
- Cafes and restaurants
In other words, you only need to take the elevator down a few floors to buy food, medicine, have morning coffee or get your hair done – extremely convenient. Even if you live alone and are busy working, having everything “downstairs” saves a lot of time.
In terms of security, Rivergate Apartment also does quite well. The building has 24/7 security, surveillance cameras throughout the area, magnetic cards for each floor when using the elevator, ensuring privacy and safety for residents – especially suitable for families with small children, the elderly or people living alone.
Not only is the internal area complete, Rivergate also has a great advantage in terms of external amenities thanks to its location “next door” to District 1. Just 5-7 minutes by car, you can reach major shopping centers such as:
- Takashimaya, Vincom Dong Khoi, Bitexco,
- Saigon Square, Parkson, and many other famous shopping streets.
- In addition, residents also have easy access to educational – medical – cultural facilities such as:
- International schools
- District 4 Hospital, Saigon Hospital
- Famous tourist destinations such as Ben Nha Rong, Ho Chi Minh City Museum of Fine Arts…
In particular, the cuisine around Rivergate Residence is also very rich. Nearby are many traditional markets such as Xom Chieu market, night eateries on Vinh Khanh street – famous for its reasonably priced seafood and vibrant atmosphere. This is a big plus for those who love the “both modern and Saigon” lifestyle.
In short, Rivergate Apartment not only brings convenience within the area but is also “surrounded” by full and rich external facilities, residents can live fully – from shopping, dining, studying to health care, all within a radius of a few minutes.
6. Selling price, rental price & liquidity potential of Rivergate Apartment
Currently, the selling price of apartments at Rivergate apartment fluctuates quite widely, depending on the type (officetel or apartment), area, river view or city view, and importantly, the interior.
For 2-bedroom apartments (area of about 73-74m²), the price is around 5.8 to 6.5 billion VND. For larger 3-bedroom apartments (about 90-110m²), the common price is from 7 to nearly 10 billion VND if fully furnished. As for smaller officetels, with an area of only 25-45m², the price ranges from 1.9 to 3.5 billion, more suitable for short-term rental investment.
Calculating the unit price, Rivergate is currently in the range of 80 – 95 million VND/m². With a location adjacent to District 1, a clear river view, full amenities and complete legal documents, this price is still competitive – especially when compared to newly opened projects in Thu Thiem, District 7 or Binh Thanh that have exceeded the 80-90 million/m² mark.
That is buying to live in. If you intend to buy to rent, Rivergate is also one of the quite good options in the central area. Thanks to its location near District 1, full amenities, plus the number of foreign guests working in the financial center – Rivergate always has a stable source of tenants, especially Japanese, Korean guests, or Vietnamese people working in large companies around Bitexco, Sunwah, Le Loi, Ham Nghi…
- 1-bedroom apartments are usually rented from 16-18 million/month
- 2-bedroom apartments are about 19-22 million/month, apartments with beautiful views or full high-end furniture can be up to 23-25 million
- 1-bedroom apartments are usually rented from 28-32 million/month
- Officetel apartments (30-50m²) if exploited for short-term office or Airbnb rental, income can be 8-15 million/month, depending on the level of care and decoration
With this price, if purchased at the right time, the annual rental profit rate can reach about 5-7%, not to mention the increase in property value over time. This is a fairly ideal profit level in the context of the market tending to stabilize after a period of volatility.
Moreover, due to the clear legal status, convenient location and stable community of residents, the liquidity of Rivergate apartment is also highly appreciated, especially for apartments with available pink books and beautiful interiors.
However, to buy a good apartment at Rivergate, you need to monitor the market carefully, because apartments with beautiful views, high floors, and no obstructions will always be “closed” faster than usual. In addition, if you buy for the purpose of investing in renting, you should consider management costs, parking fees and interior depreciation – because these are the expenses that affect the actual cash flow after each month.
Overall, Rivergate Residence is one of the few projects in the center of Ho Chi Minh City with prices that are still accessible to buyers with moderate finances, but possess many outstanding advantages for both living and investing.
7. Challenges you face when investing in this project
Besides the obvious strengths, buyers or investors also need to consider some practical challenges before deciding to invest in the project.
First of all, about monthly costs – the management fee at Rivergate residence is about 18,000 VND/m², not including the motorbike parking fee of 150,000 VND/month, and the car parking fee of nearly 1.8 million VND/month. For a 70m² apartment, the total fixed fee can be up to nearly 2 million VND per month, not including electricity, water, Internet or other expenses. For long-term residents, this is a cost that needs to be carefully considered. As for investors who rent, this will directly affect the monthly net profit if not calculated carefully from the beginning.
In addition, although the selling price at Rivergate is considered reasonable compared to District 1, compared to more distant areas such as District 9, Binh Tan or Nha Be, the price is still quite high. This requires buyers to have stable finances, or clearly define their priorities in terms of location and amenities instead of just focusing on low prices.
Finally, we also need to admit that competition from new projects in District 4 or neighboring areas such as Thu Thiem, District 7 also creates certain pressure. In the short term, this can affect the price increase rate of Rivergate, especially when buyers have many new options, more modern designs.
However, Rivergate apartment still has the advantage of being a completed project, with clear legal status, a large population and stable operation – something that not all new projects can guarantee from the beginning.
Hopefully, after this article, we have helped you answer the question: “Should I buy a Rivergate apartment in District 4?”.
Rivergate Residence is a choice worth considering if you are looking for a central apartment with clear legal status, full amenities and stable rental potential. Although the price and operating costs may make some people hesitate, with its “golden” location, practical design, civilized community and long-term price increase potential, Rivergate is still a reasonable option for both residential and long-term investment needs.
If you need more information, do not hesitate to contact Tuong Phat Land!
Contact Information – Tường Phát LAND
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