Sunwah Pearl is the name that investors are most talking about in the first quarter of 2025. So what are the current selling and rental prices of this project? What is new compared to the end of 2024? Tuong Phat Land will help you see the picture of the project clearly. Don’t miss the important information in this article!
1. Overview of Sunwah Pearl – Icon of living along the Saigon River
Sunwah Pearl is a luxury apartment project invested by Sunwah Group (Hong Kong). This is a multinational corporation established in 1957 and headquartered in Hong Kong. Sunwah Group has made a strong mark in the Vietnamese market since the 1970s with outstanding projects such as Sun Wah Tower and Saigon Pearl. Following that success, Sunwah Pearl is the next “bright pearl” in the group’s real estate development journey in Ho Chi Minh City.
Located at 90 Nguyen Huu Canh, Ward 22, Binh Thanh District (now Thanh My Tay Ward), Sunwah Pearl owns a diamond position when it is adjacent to District 1 and along the poetic Saigon River. Thanks to this unique location, residents at Sunwah Pearl can have a panoramic view of the center to see the Bitexco building sparkling at night or look towards the strongly developing Thu Thiem.
In addition, Sunwah Pearl also has flexible traffic connections. Thanks to the complete traffic system, residents can quickly access neighboring districts such as District 3, District 7, Thu Duc within 10 – 15 minutes. Notably, Metro Line 1 (Ben Thanh – Suoi Tien) along with modern forms of transportation such as river buses are contributing to raising the real estate value of Nguyen Huu Canh area in general and Sunwah Pearl in particular.
The project also owns a synchronous internal utility system such as:
- Resort-standard swimming pool
- Outdoor BBQ area
- Safe children’s playground
- Gym, relaxation area, supermarket, restaurant, cafe,…
2. Is Sunwah Pearl a safe choice in times of market scarcity?
After a period of stagnation in 2023, the high-end apartment market in Ho Chi Minh City is showing clear signs of recovery. Especially in central areas and areas bordering District 1 such as Binh Thanh, apartment prices are recording an increase of 3 – 7% compared to the end of 2024.
According to a report from Savills, in the fourth quarter of 2024, the average apartment price in Ho Chi Minh City reached VND 91 million/m² (excluding taxes and fees), which means an increase of 36% quarterly and 33% annually. The mid-range and affordable segments have almost disappeared, as all the supply for sale is in the high-end segment. Existing projects in the center have also adjusted prices, ranging from VND 75 to 450 million/m².
Mr. Le Hoang Chau – Chairman of HOREA (Ho Chi Minh City Real Estate Association) affirmed: “Apartments under VND 3 billion are gradually disappearing from the inner city market.” This is the context that promotes capital flows to projects that have been handed over and have full legal documents such as Sunwah Pearl.
In addition, the investor Sunwah Pearl plans to closely coordinate with the authorities to complete legal procedures and issue pink books to residents in 2025. The specific implementation plan is as follows:
- Quarter I/2025: Complete all necessary legal documents to submit to the authorities.
- Quarter II/2025: Officially submit applications for pink books for eligible apartments.
- Quarter III/2025: Authorities conduct inspection and appraisal of documents.
- Quarter IV/2025: Expected to hand over pink books to residents.
See more: Marina Central Tower rental price | No. 2 Ton Duc Thang District 1
3. Update the latest rental price of Sunwah Pearl project
According to the latest update, the selling price of Sunwah Pearl apartments is recorded at 119.2 – 192 million/m². Specifically for each type of apartment, we have summarized the prices as follows:
| Apartment Type | Selling Price | Rental Price |
| 1Bedroom – 1WC (Area: 51m² – 53m²) | 6.5 – 7 billion VND/unit | 21 – 24 million VND/month |
| 2Bedroom – 2WC (Area: 97m² – 99m²) | 13.5 billion VND/unit | 36 – 39 million VND/month |
| 2Bedroom – 2WC (Area: 105m²) | 14.5 – 19 billion VND/unit | 38 – 46 million VND/month |
| 2+1Bedroom – 2WC (103m² – 112m²) – Golden House | 15 – 17 billion VND/unit | 40 – 45 million VND/month |
| 3Bedroom – 2WC (Area: 122m² – 125m²) | 17 – 18 billion VND/unit | 48 – 52 million VND/month |
| 3Bedroom – 2WC (Area: 133m²) | 20 – 23 billion VND/unit | 50 – 57 million VND/month |
The above price applies to the investor’s basket, including VAT, buyers will be handed over 100% new houses with many attractive incentives. In addition, you can also choose to buy back from individual owners who have consigned, with a cheaper price of about 20 – 25%, ranging from 110 – 120 million/m² (including all transfer costs and certificate issuance fees).
Refer to the service fees you need to pay when living in this project:
| Category | Detailed Information |
| Management Company | Savills Vietnam |
| Management Fee | 22,500 VND/m²/month (VAT included) |
| Car Parking Fee | 2,000,000 VND/car/month |
| Motorbike Parking Fee | 200,000 VND/motorbike/month |
| Management Office Hotline | 0907 582 815 |
4. Should I buy a Sunwah Pearl apartment when the project is about to issue a pink book?
Before deciding to buy a house, you need to carefully consider the legal factors, the actual value of the property and the potential for future growth. However, 2025 is considered a very worthwhile time to consider. When the project is in the process of completing the pink book, buyers can enjoy many benefits in terms of price, legality and investment potential, specifically:
- The current apartment price is lower than the time the book was issued, helping you save significantly on initial costs.
- The investor has signed a sales contract and is expected to complete the pink book in 2025 according to a specific schedule.
- Apartments with a book always have a higher value, are easier to sell and rent. After having a book, the value of the property often increases significantly, especially in high-end projects with beautiful locations like Sunwah Pearl.
By the end of this year, when Sunwah Pearl has completed all legal issues, you will see clearer benefits:
- High liquidity: Easy to resell at a high price, attractive to both investors and real buyers.
- Easy to rent, good price: Apartments with red books attract long-term tenants, foreign experts, etc.
- Support for bank loans: Easy to mortgage to rotate capital or continue investing.
- Legal peace of mind: No more worries about risks when transferring ownership or buying and selling transactions.
- Limit disputes: All legal information is clear and transparent from documents to ownership.
Overall, Sunwah Pearl still maintains its position as the top choice in the high-end segment. Thank you for accompanying Tuong Phat Land in this article. Stay tuned for our next articles!
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