Live pre-sale Foreign quota now open Pink-Book pathway · 24 h confirm Mitsubishi × Tokyu × Phat Dat Urban Hydrotherapy City ~7%+ gross yield target
Monrei Saigon
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Monrei Saigon
Launched May 2026 · Phase 1 pre-sale

Monrei Saigon

Vietnam’s first Urban Hydrotherapy City — Japanese wellness living on the Nguyen Thi Minh Khai axis.

Mitsubishi Corporation×Tokyu Land×Phat Dat

At a glance

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Mitsubishi Corp.

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Master plan

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Phase 1 units

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Floors

+84 24 6328 1186

The joint venture

The joint venture

Two of Japan’s largest names, building in Vietnam.

Mitsubishi Corporation

Lead developer · 56 % · Mitsubishi

Tokyu Land Corporation

Co-developer · 24 % · Tokyu

Phat Dat Real Estate

Local partner · ~20 % · Phat

Mitsubishi · 56%Tokyu Land · 24%Phat Dat · 20%
Mitsubishi Corporation

Lead developer · 56 %

Mitsubishi Corporation

Japan’s largest trading house (est. 1954). Real-estate arm behind landmark Tokyo & Yokohama residential and mixed-use towers.

Tokyu Land Corporation

Co-developer · 24 %

Tokyu Land Corporation

The property flagship of Japan’s Tokyu Group — master-planner of Tokyo’s Shibuya and Futako-Tamagawa districts.

Phat Dat Real Estate

Local partner · ~20 %

Phat Dat Real Estate

HOSE-listed (PDR) Vietnamese developer — local entitlement, sales and delivery partner for the joint venture.

≈ VND 18,000 billion total development value (~US$720M)

Why buy

Three reasons it sells.

Live

Upgrade to Japanese-standard living

Tokyo-spec build tolerances, M&E and after-sales — plus an onsen-led wellness programme no competing HCMC-metro launch offers.

Earn

Rental yield from a 60,000+ FDI base

Studio / 1–2 BR layouts target the VSIP and Thuan An expatriate-tenant pool. Developer-stated ~7%+ gross yield on launch pricing.

Grow

Sustainable capital appreciation

Metro Line 2, Ring Road 3 and the Binh Duong–HCMC merger are repricing the corridor. Buy at launch, ahead of the infrastructure curve.

Why Monrei

Eight reasons Monrei Saigon stands apart.

01

Top-tier Japanese developer

Master-planned by Mitsubishi Corporation — Japan’s leading trading and investment group — in a joint venture with Tokyu, one of Japan’s largest urban developers.

02

Vietnam’s first urban hydrotherapy city

Recognised by the Vietnam Records Organisation: a one-of-a-kind water-therapy suite — Onsen wellness, detox sauna & steam, Aquatonic, aqua gym, kids’ floating pool, hot–cold thermal therapy, hydro-massage beds, Jacuzzi, warm sento baths and a Sky Aqua on level 20.

03

Luxury Compound Resort design

A private resort in the city: a 9 m grand arrival lobby, two internal resort landscapes, an 88 m lazy river & kayak run, a sky bridge with a tropical waterfall, and 24/7 four-layer security.

04

Five-star resort-grade management

Operated and managed to international five-star resort standards for a true resort-living experience.

05

On HCMC’s strategic infrastructure quartet

At the National Highway 13 (QL13) – Ring Road 3 junction, with upside as the QL13 widening completes and Ring Road 3 opens — plus Metro Lines 1 and 2 underway.

06

Ready-made external amenity ecosystem

Opposite the existing MM Mega Market and the upcoming Aeon Mall (due 2027). 5 min to Aeon Mall Thuan An; 5 min to the Song Be, Phu My and Harmonie golf courses; 10 min to schools (VUS English Thu Dau Mot, Viet-Sing, Viet-Hoa, Nguyen Khuyen) and the Columbia, Becamex and Hanh Phuc international hospitals.

07

Clean legal status — sign the SPA now

Transparent legal standing: buyers sign the official Sale & Purchase Agreement (SPA) right at this launch.

08

Premium segment, strong rental & upside

At the heart of Binh Duong’s international-expert community — a stable foreign tenant pool — with Binh Giao Ward’s high density (~9,000/km²) driving strong in-community rental demand.

Urban Hydrotherapy City

Water, engineered to balance body, mind & spirit.

Vietnam’s first wellness-led residential city. Water is treated as core infrastructure — a Japanese onsen culture brought home, woven through every podium, lake and garden.

Body

Onsen · aquatonic · aqua gym

Mineral onsen and jacuzzi for muscle therapy; an aquatonic lake and aqua-gym for low-impact training.

Mind

Steam · sauna · detox suite

Detox steam and sauna circuits with skincare programming — the Japanese ritual of unwinding, indoors and out.

Spirit

Lakes · kayaking river · gardens

A kayaking lazy river, waterfront parks, walking trails and Japanese gardens for slow, restorative time.

Onsen & jacuzzi pavilion
Onsen & jacuzzi pavilion
Aquatonic lake & aqua gym
Aquatonic lake & aqua gym
Kayaking river & water park
Kayaking river & water park
Japanese garden & tea pavilion
Japanese garden & tea pavilion
Steam & sauna wellness suite
Steam & sauna wellness suite
Sky lounge & business club
Sky lounge & business club
Aerial view — the Urban Hydrotherapy courtyard at the project core
Aerial view — the Urban Hydrotherapy courtyard at the project core

Location · TOD

Beside Aeon Mall, 500 m from the metro.

  • Metro Line 2 · C6 station500 m · walk-in catchment
  • Aeon Mall Binh Duong CanaryAdjacent
  • Song Be Golf ResortNeighbouring
  • Columbia Asia International Hospital~5 min
  • MM Mega Market~5 min
  • Thu Dau Mot city centre~5 min drive
  • Ring Road 3 interchangeDirect access
  • VSIP I / II / III industrial parks60,000+ FDI workforce nearby
  • HCMC District 1 (CBD)~30 min via Highway 13
  • Tan Son Nhat International Airport~20–30 min
Connectivity map — Highway 13, Ring Road 3, VSIP, Aeon Mall & Song Be Golf
Connectivity map — Highway 13, Ring Road 3, VSIP, Aeon Mall & Song Be Golf
Transit-oriented map — Metro Line 2 (C6, 500 m), Song Sai Gon & Tan Son Nhat airport
Transit-oriented map — Metro Line 2 (C6, 500 m), Song Sai Gon & Tan Son Nhat airport

Choose your home

Unit mix & ideal buyer.

TypeLayoutSizeIdeal for
StudioStudio30 – 40 m²Investor lock-up · expat singleEnquire →
1BR1-bedroom45 – 50 m²Yield play · single professionalEnquire →
2BR2-bedroom60 – 70 m²Young family · co-livingEnquire →
3BR3-bedroom85 – 95 m²Family · long-stayEnquire →
DuplexDuplex / sky home120 – 150 m²Premium owner-occupierEnquire →
ShophousePodium shophouseG + 1 retailLive + trade · commercial yieldEnquire →

Show units

Model apartment & design gallery.

Book a viewing →
Architecture · twilight render
Architecture · twilight render
Wellness courtyard · aerial
Wellness courtyard · aerial
Lagoon cabanas
Lagoon cabanas
Lazy river & gardens
Lazy river & gardens

Furnished show-unit interiors are released to registered buyers — book a private viewing for the latest renders.

Build progress

April 2026 on site.

Monrei Saigon 1
Monrei Saigon 2
Monrei Saigon 3
Monrei Saigon 4
Monrei Saigon 5
Monrei Saigon 6
  1. Q1 2026Site mobilised · piling underway
  2. May 2026Official market launch · Phase 1
  3. 2026–27Phase 1 tower structures rising
  4. 2027Hydrotherapy podium + lake works
  5. 2028Phase 1 handover (projected)

Payment

A staged, financeable plan.

Booking
VND 50M reservation · refundable until SPA
Reservation → SPA
15 % of contract price · within 14 days
Construction draws
50 % across staged milestones to handover
Handover
30 % at key-handover · Phase 1 ~2028
Pink Book
5 % on title issuance
Bank financing
Up to 70 % · 25-yr · partner banks
Rental guarantee
2 yrs at ~7 % gross (studio / 1-2 BR)
Early-bird grace
Launch-phase discount + extended schedule

Questions

Foreign-buyer FAQ.

A joint venture led by Mitsubishi Corporation (56%) with Tokyu Land Corporation (24%) and Phat Dat (~20%) — two of Japan’s largest names plus a HOSE-listed local partner. Coteccons is general contractor.

Yes. A permanent-ownership tranche is reserved for foreign buyers under the 2014 Housing Law. The Pink Book is issued in the buyer’s name; Indochine handles the legal pathway end-to-end.

Developer-stated target ~7%+ gross p.a. Our brokerage estimate is 5.8–7.3% depending on unit type — studios and 1-BR are the higher-yielding cohort, drawing on the 60,000+ FDI workforce across VSIP.

Nguyen Thi Minh Khai Boulevard, Thuan Giao, Thuan An — beside Aeon Mall and Song Be golf, ~500 m from Metro Line 2’s C6 station, ~5 min to Thu Dau Mot centre.

Yes — the show suite is open daily 09:00–21:00 ICT at the on-site sales gallery (Thuan An). Submit the form and we’ll match you with a language-appropriate advisor.

Reserve your unit

Get the official price list & foreign-quota availability.

A senior advisor responds within 24 hours with pricing, the unit-mix table and the Pink-Book pathway.

  • +84 24 6328 1186
  • info@vietnampropertymarket.com
Monrei Saigon

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Mitsubishi Corporation × Tokyu Land × Phat Dat · © 2026 Indochine Real Estate JSC

Investor FAQ

Frequently asked questions

What is Monrei Saigon?
Mitsubishi Corporation × Tokyu Land × Phat Dat — Vietnam’s first “Urban Hydrotherapy City”. A 4.46-ha wellness masterplan on Nguyen Thi Minh Khai, beside Aeon Mall and 500 m from Metro Line 2. ~6,000 homes (Phase 1: 2,684). Onsen-led amenities; foreign-quota tranche. It is offered to both owner-occupiers and investors, and is published here only after being verified for foreign-ownership eligibility under Vietnam's Housing Law 2023.
Where is Monrei Saigon located?
Monrei Saigon is located in Thuan An · Binh Duong. Our advisory team can share the exact address, masterplan position, and the surrounding transport and amenity context on request.
Can foreigners buy apartments at Monrei Saigon?
Yes — foreigners can buy eligible condominium units when the project is cleared for foreign ownership and its 30%-per-building quota is not full. The full pathway: (1) you purchase via an official Sale & Purchase Agreement (SPA) signed directly with the developer; (2) you hold a 50-year leasehold, renewable under the Housing Law 2023; (3) you can freely resell or lease the home during that term, with proceeds repatriable; (4) when the home is resold to a Vietnamese national, the title converts to permanent (freehold) ownership. We confirm the remaining foreign quota for Monrei Saigon before any reservation.
Can a foreigner resell an apartment at Monrei Saigon?
Yes. During your 50-year term you can freely resell or lease Monrei Saigon. If you sell to another eligible foreigner, the 50-year leasehold continues within the building's foreign quota; if you sell to a Vietnamese national, the title converts to permanent (freehold) ownership for that buyer. Sale proceeds are repatriable when the original purchase funds came in through the regulated Vietnamese banking channel.
What is the price of Monrei Saigon in 2026?
Pricing varies by tower, unit size, view, floor, payment schedule, and launch phase. Rather than quote a stale figure, we provide the latest developer price list together with all taxes, fees, and current foreign-buyer availability so you can compare like-for-like before booking.
Who is the developer of Monrei Saigon?
Monrei Saigon is developed by Mitsubishi Corporation × Tokyu Land × Phat Dat. Before purchasing, foreign investors should review the developer's track record, the project's legal status, the construction timeline, the sale & purchase agreement, and the handover standard — all of which our team verifies for you.
Is Monrei Saigon a good investment for rental income?
Monrei Saigon may appeal to tenants seeking quality housing in Thuan An · Binh Duong, but rental performance depends on your purchase price, unit layout, handover quality, competing supply, tenant demand, and management fees. We can model an indicative net yield for a specific unit using current market rents.
What amenities does Monrei Saigon offer?
Monrei Saigon is marketed around modern living with landscaped areas and lifestyle facilities. Specific amenities can differ by tower and handover phase, so we confirm the exact facility list against the official developer brochure before you commit.
What documents should foreign buyers check before buying Monrei Saigon?
Check the project's legal eligibility for foreign ownership, remaining foreign quota, the sale & purchase agreement, the payment schedule, pink-book (ownership certificate) terms, developer approvals, the bank guarantee for off-plan sales, and all taxes and fees. Independent legal review is strongly recommended — our in-house legal counsel handles this end-to-end.
How does Monrei Saigon compare with other projects in Binh Duong?
Compare on price per square metre, location and view, unit efficiency, developer brand, handover specification, expected rental demand, and remaining foreign quota. We can prepare a side-by-side comparison against other verified projects so you know whether the premium is justified.
What we handle

Our services for foreign buyers

Multilingual advisory

A native-speaking advisor in English, Mandarin or Korean guides you from first enquiry to handover.

Foreign-ownership verification

We confirm the project is cleared for foreign ownership and check the remaining 30% quota before you reserve.

Legal & contract review

In-house legal counsel reviews the SPA, payment schedule and pink-book pathway, with translated and notarised documents.

Secure payment & escrow

Funds are routed through regulated Vietnamese banking channels so your inbound transfer is documented for future repatriation.

Master-distributor access

Direct allocation from developers means launch pricing and first-pick units — no broker layers between you and the source.

Post-purchase concierge

Property management, rental sourcing, tax filing and resale — all handled in-house after you receive the keys.

Why us

Why work with vietnampropertymarket.com — Indochine

Vietnampropertymarket.com is operated by Indochine Real Estate — a firm built around foreign buyers, not retrofitted for them.

1

12 years, 4,200+ international clients

A track record across all 63 provinces, with the buying journey delivered in your language end to end.

2

Only legally-verified projects

We publish only projects cleared for foreign ownership with a pre-checked pink-book pathway — no surprises at the notary.

3

Native-language team

Every advisor speaks at least two of English, 中文, 한국어 and Vietnamese, so nothing is lost in translation.

4

Independent, buyer-side

Our duty is to you: independent due diligence, honest comparisons, and a clear view of risks before you commit.