Dossier № 04 · 2026Confidential pre-launchSonKim LandIndochine Real Estate JSC

Project Identification

The
Metropolis

The next-generation Thu Thiem address — on the metro, on the master plan.

Specifications

Project
The Metropolis
Previously
The East Valley
Developer
SonKim Land
Address
Mai Chi Tho Ave, Thu Thiem, HCMC
Status
Pre-launch
Launch
17 May 2026
Venue
JW Marriott Saigon
Dossier issue
01 / 2026
Launching in
06Days00Hrs00Min00Sec
17 May 2026 · 08:00JW Marriott Saigon

Be first to receive the dossier

Preferred contact channel· needed

The Metropolis cover plate

Fig. 1 · Cover plate — conceptual rendering

Contents

  1. 01The developerSonKim Land
  2. 02The developerThe developer's track record
  3. 03The MetropolisProject particulars
  4. 04The MetropolisSite & connectivity
  5. 05The MetropolisConcept plates
  6. 06The MetropolisPublic introduction event
  7. 07The MetropolisPre-launch register

01

The developer

SonKim Land

§ 01

Identity

SonKim Land

Luxury Boutique Real Estate Developer

Founded
1993
Parent
Son Kim Group
Track record
15+ developments
Years
30+
Operators
Marriott · JW Marriott

SonKim Land is the real estate arm of Son Kim Group, one of Vietnam's most established private conglomerates. For over three decades the developer has focused exclusively on luxury, boutique-scale residences and commercial assets — partnering with internationally renowned architects and operators to deliver some of HCMC's most recognised addresses.

Tenet 01

Boutique scale

Limited-edition residences engineered for privacy, with curated unit counts rather than mass-market towers.

Tenet 02

International partners

Long-term collaborations with global architects, hospitality brands (Marriott, JW Marriott) and design houses.

Tenet 03

Pink Book legal track record

Every flagship project delivered with secure pink-book title and a clear foreign-ownership quota.

Tenet 04

Long-term asset value

Strategic land-banking on prime corridors — Thao Dien, District 1/3, and the Thu Thiem New CBD.

02

Projects delivered & in-progress by SonKim Land

The developer's track record

§ 02

A contact-sheet survey of SonKim Land's 30-year portfolio — every residence, office and resort the developer has completed, is operating, or has under construction across Thao Dien, District 1/3 and the central coast. The Metropolis joins this track record as SonKim Land's first transit-oriented address.

  1. The Metropole Thu Thiem01In dev.

    The Metropole Thu Thiem

    Thu Thiem, HCMC · Mixed-use

  2. The Opera Residence02In dev.

    The Opera Residence

    Thu Thiem, HCMC · Residence

  3. The Galleria Residence03Completed

    The Galleria Residence

    Thu Thiem, HCMC · Residence

  4. The Crest Residence04Completed

    The Crest Residence

    Thu Thiem, HCMC · Residence

  5. The Hallmark05Operating

    The Hallmark

    Thu Thiem, HCMC · Office

  6. The METT06In dev.

    The METT

    Thu Thiem, HCMC · Boutique residence

  7. The Nassim07Completed

    The Nassim

    Thao Dien, HCMC · Residence

  8. Gateway Thao Dien08Completed

    Gateway Thao Dien

    Thao Dien, HCMC · Residence

  9. Serenity Sky Villas09Completed

    Serenity Sky Villas

    District 3, HCMC · Villa

  10. The 9 Stellars10In dev.

    The 9 Stellars

    Thu Duc, HCMC · Mixed-use

  11. Alta Villa11Completed

    Alta Villa

    Thu Duc, HCMC · Villa

  12. Vega Villa12Completed

    Vega Villa

    East HCMC · Villa

  13. The Albany13Operating

    The Albany

    HCMC · Boutique residence

  14. The OpusK14Upcoming

    The OpusK

    Thu Thiem, HCMC · Office

  15. JW Marriott Cam Ranh15Operating

    JW Marriott Cam Ranh

    Cam Ranh · Resort

  16. Blue Ocean Resort16Operating

    Blue Ocean Resort

    Phan Thiet · Resort

Imagery © SonKim Land · sonkimland.vn/vi/du-an/1/1 · Compiled by Indochine Real Estate JSC.

03

The Metropolis

Project particulars

§ 03

A flagship transit-oriented mixed-use district fronting Mai Chi Tho Avenue, immediately adjacent to the future Thu Thiem terminal station of the Ben Thanh – Thu Thiem – Long Thanh metro line.

Project history · Originally launched as The East Valley by Refico, the project was acquired by SonKim Land and rebranded as The Metropolis — adding the developer's signature luxury-boutique design language and a stronger transit-oriented masterplan.

Argument 01

On the metro line

Directly adjacent to the future Thu Thiem terminal station of the Ben Thanh – Thu Thiem – Long Thanh metro — one of the last riverside parcels with this proximity.

Argument 02

On the airport corridor

Mai Chi Tho Avenue feeds the Long Thanh Expressway, the express route to the new Long Thanh International Airport.

Argument 03

On the Thu Thiem master plan

Inside the eastward expansion of HCMC — sitting on the same axis as the new financial district and the Sala new town.

Argument 04

SonKim Land development

Inheriting the developer's track record on The Metropole, The Hallmark and The METT — the same design language applied to a transit hub site.

04

The Metropolis

Site & connectivity

§ 04

Mai Chi Tho corridor
Fig. 2 · Mai Chi Tho corridor — primary site identification
Fig. 3 · Thu Thiem terminal — plot adjacency
Fig. 3 · Thu Thiem terminal — plot adjacency
Fig. 4 · Plot identification
Fig. 4 · Plot identification
Fig. 5 · Former name — The East Valley
Fig. 5 · Former name — The East Valley
Fig. 6 · Skyline landmarks
Fig. 6 · Skyline landmarks
Fig. 7 · Locality map
Fig. 7 · Locality map

05

The Metropolis

Concept plates

§ 05

Public renderings released ahead of the May 2026 launch event — indicative only. Final unit plans, podium layout and facade details to be confirmed by SonKim Land.

Skyline render
Plate I · Skyline & community pavilion
Podium retail render
Plate II · Podium retail gallery

06

The Metropolis

Public introduction event

§ 06

Event poster
Fig. 8 · Official event poster

Invitation

Khu Do Thi Phuc Hop
Ga Thu Thiem

The Thu Thiem Station Mixed-Use District

Date
17 May 2026
Time
08:00
Venue
JW Marriott Hotel & Suites Saigon
Address
Corner of Hai Ba Trung & Le Duan, Sai Gon Ward, HCMC
Request an invitation

07

The Metropolis

Pre-launch register

§ 07

Chapter 07 — Reserve

Receive the brochure first.

A senior advisor will reach out within 24 hours with the official price list, the unit-mix availability and an invitation to the launch event at JW Marriott Saigon on 17 May 2026.

Preferred contact channelneeded

Preferred agent language

Emailinfo@vietnampropertymarket.comHours7 days · 09:00 – 21:00 ICT
© 2026 Indochine Real Estate JSCDossier № 04 · Page 12 of 12

Disclaimer · The Metropolis is currently in the pre-launch phase. All renderings, floor counts, unit sizes and dates published here are indicative only and may change before the official sales opening. Final particulars to be confirmed by SonKim Land.

Investor FAQ

Frequently asked questions

What is The Metropolis?
SonKim Land's flagship transit-oriented development on Mai Chi Tho Avenue — directly adjacent to the future Thu Thiem terminal metro station. Formerly The East Valley by Refico, acquired and rebranded by SonKim Land. Pre-launch. 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 The Metropolis located?
The Metropolis is located in Thu Thiem · HCMC, Ho Chi Minh. Our advisory team can share the exact address, masterplan position, and the surrounding transport and amenity context on request.
Can foreigners buy apartments at The Metropolis?
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 The Metropolis before any reservation.
Can a foreigner resell an apartment at The Metropolis?
Yes. During your 50-year term you can freely resell or lease The Metropolis. 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 The Metropolis 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 The Metropolis?
The Metropolis is developed by SonKim Land. 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 The Metropolis a good investment for rental income?
The Metropolis may appeal to tenants seeking quality housing in Thu Thiem · HCMC, 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 The Metropolis offer?
The Metropolis 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 The Metropolis?
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 The Metropolis compare with other projects in Ho Chi Minh?
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.