Phu My Hung launches S$5.2M Casa Luna condos in Ho Chi Minh City’s newest development phase
Phu My Hung has unveiled Casa Luna, a 49-unit ultra-luxury condominium in Ho Chi Minh City’s Phu My Hung urban area, with apartments priced from VND100 billion (US$3.84 million). The two-tower project, part of the developer’s “2.0” phase, targets senior executives and offers units spanning more than
Phu My Hung has introduced Casa Luna, a 49-residence ultra-luxury condominium project in Ho Chi Minh City’s Phu My Hung urban area, with prices starting at more than VND100 billion (US$3.84 million). The development comprises two 20-story towers, each floor containing only one or two units, offering views of Crescent Lake and more than 70,000 square meters of surrounding parkland.
Units range from more than 233 to over 500 square meters. The limited number of residences is intended to maintain low density. The development will have no shophouses on its podium — the space will instead be reserved for residents, with reception lounges, a fine-dining area, a business center and wellness facilities.
Each residence will have a private lobby and dedicated elevator. The project will provide 118 parking spaces, or about two to three per residence, including several “double parking” spaces for full-size luxury SUVs. The parking area will include vehicle-location technology, a car care room and a waiting area for drivers. The basement arrival lobby will be designed to meet standards associated with five- and six-star hotels.
Casa Luna targets a niche segment that includes senior executives and corporate leaders. Its amenities include a VIP reception area, Executive Lounge, private banquet room, an infinity pool with ozone water treatment, a gym, spa, salon, gardens and library. Japan’s Nihon Housing Group, established in 1958, has been appointed to operate the development, applying Japanese property management practices.
The project is being introduced as Phu My Hung enters what the developer calls its “2.0” development phase. After more than 30 years of development, the urban area has more than 60,000 residents. The next phase focuses on expanding urban functions and aims to attract 20 million visits a year, with plans for Grade A+ offices, five-star hotels, an arts center and an international hospital. Residential land accounts for just over 10 per cent of the developer’s remaining land bank, much of which is being reserved for luxury and ultra-luxury projects.
To develop Casa Luna’s 49 residences, Deputy General Director Truong Quoc Hung and other executives spent many years studying luxury residential projects in Japan, China, Thailand, Dubai and Singapore, and traveled to Italy and other European countries to hand pick premium stone suppliers and manufacturers. The developer has completed the design plans and secured cooperation from 13 specialized international consultants. Casa Luna is expected to be completed and handed over in 2028.
