2014–2016 · completed
SORA gardens I & II
Luxury residential twin towers — "living among clouds" · Japanese-standard concierge · rooftop sky gardens
Under construction · Q4 2027 delivery · ahead of schedule
MIDORI PARK The Nest
A young-lifestyle landmark by Becamex Tokyu (Japan × Vietnam) at the foot of MIDORI PARK — winner of "Best Young Lifestyle Condo" at the Vietnam Property Awards 2025.
Ly Thai To Street, Binh Duong Ward, Ho Chi Minh City
Vietnam Property Awards 2025
Best Young Lifestyle Condo
Independently judged by the PropertyGuru jury — a regional benchmark of credibility for residential real estate.
MIDORI PARK◆Becamex × Tokyu◆972 Apartments◆Sky Pool · Kids Pool◆NTT Cloud Wi-Fi◆Q4 2027 Handover◆Best Young Lifestyle Condo 2025◆
Developer & operator
Becamex Tokyu — Japan × Vietnam joint venture, 14 years building Binh Duong New City
The Nest is delivered by Becamex Tokyu — the joint venture of Tokyu Corporation (Japan, founded 1922) and Becamex IDC (Vietnam, master developer of VSIP I & II and Binh Duong New City). Built by Central Construction. Wired by NTT Group Japan. Awarded "Best Young Lifestyle Condo" at the Vietnam Property Awards 2025.
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Apartments · 2 towers
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East tower · 16F West
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Green space · 63 ha master plan
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Years Becamex Tokyu in Binh Duong
The setting · Chapter 1
Binh Duong New City — Vietnam's first Japanese-planned super-city
Binh Duong New City is the 1,000-hectare planned super-city 30 km north of central Ho Chi Minh City — the growth pole connecting HCMC to Vietnam's southern industrial heartland (VSIP I & II, Samsung, LG, POSCO, Foxconn). Inside it sits TOKYU Garden City — a 110-hectare Japanese-planned district by Becamex Tokyu, applying the same "Den-en-toshi" (garden-city) philosophy that built Tokyo's most prestigious suburb. The Nest is its newest residential landmark.
- 30 km north of HCMC center · 10 km from Thu Dau Mot · gateway between HCMC and VSIP
- Founded March 2012 · "Always NEW!" continuous-renewal urban philosophy
- 56% tree coverage across residential zones · seasonal flower-planting calendar
- Administrative center for the merged HCMC super-ward (Binh Duong Province → HCMC, 2025)
1000 ha
Binh Duong New City
110 ha
TOKYU Garden City
1.2B
USD invested by Becamex Tokyu
411
Becamex Tokyu team (Jan 2026)
The track record · Chapter 2
Becamex Tokyu — 14 years, every district delivered
Becamex Tokyu was founded in March 2012 as the 50:50 joint venture of Tokyu Corporation (Japan, 1922 — Tokyu Railways, Hotels and Department Stores; planner of Tama Den-en-toshi) and Becamex IDC (Vietnam, master developer of VSIP I & II and the whole of Binh Duong New City). USD 1.2 billion invested, 411 staff in Vietnam. Below — every district they have already opened, with real on-site photography.
Opened Jan 2015
HIKARI
Dining & retail district — name means "sunlight"; circular plan symbolises sunrise welcoming visitors · F&B + cafes + AEON-adjacent
Completed
The VIEW · MIDORI PARK
First MIDORI PARK apartment block — 22 floors of family residences set inside the 63-ha green urban zone
Completed 2024 · handed over 2025
MIDORI PARK The Glory
24 floors · 1,000 residences · the immediate predecessor to The Nest · fully sold and operating
Completion autumn 2026
MIDORI PARK The Ten
10 floors · 300 residences · the boutique sister project to The Nest, currently rising next door
Operating since 2015
KAZE SHUTTLE
Public-private shuttle network — "kaze" means wind · connects every Tokyu Garden City district to HCMC, Tan Son Nhat and the industrial parks
Operating
MIDORI PARK SQUARE
Retail + F&B podium serving the MIDORI PARK residential community · Japanese-standard daily essentials at the doorstep
Operating
AEON Mall MIDORI PARK
Adjacent retail anchor — full Japanese-standard mall, indoor and outdoor dining, supermarket and entertainment
Seven unit types · one community
Find your nest
Studio & 1-Bedroom
Pink Book · 50-year for foreign58 units
Compact, efficient layouts ideal for singles and couples — Japanese space-saving design with full kitchen and balcony.
| Type | Area | From |
|---|---|---|
| Studio | 34 m² | from USD 58,000 |
| 1-Bedroom | 38 m² | from USD 69,000 |
1-Bedroom + 1
Pink Book · 50-year for foreign354 units (largest pool)
The flagship layout — flexible live/work or guest room. The 2-bathroom variant (297 units) is the project's most popular type.
| Type | Area | From |
|---|---|---|
| 1BR+1 · 1 bathroom | 51 m² | from USD 85,000 |
| 1BR+1 · 2 bathrooms | 56 – 60 m² | from USD 95,000 |
2-Bedroom & 2BR+1
Pink Book · 50-year for foreign84 units
Family-sized — the headline value proposition. 2-Bedroom from USD 88,500 / 2.3 billion VND.
| Type | Area | From |
|---|---|---|
| 2-Bedroom · 2 bathrooms | 64 – 82 m² | from USD 88,500 |
| 2BR+1 · 2 bathrooms | 74 – 79 m² | from USD 110,000 |
3-Bedroom & Penthouse
Pink Book · 50-year for foreign49 units
Compact Japanese-designed 3-Bedrooms and 9 top-floor Penthouses with premium finishes and panoramic views.
| Type | Area | From |
|---|---|---|
| 3-Bedroom | 75.5 m² | from USD 135,000 |
| Penthouse | 88 – 142 m² | Price on application |
3D renders
The Nest, rendered
Seed of Happiness
Amenities designed for young families and young professionals
A 25-floor sky pool over the New City. A 25 m kids' pool below. A residents-only Party Room — the first in MIDORI PARK. Cloud Wi-Fi by NTT everywhere. Guest rooms for when family visits. Coworking when the office is too far.
Sky Pool — Tower East · Floor 25 — panoramic over MIDORI PARK
Sky Level
- ◆Sky Pool — rooftop, Tower East Floor 25, panoramic city view
- ◆Sky Lounge with city views — community gathering
- ◆BBQ Terrace
- ◆Pedestrian-only green promenades between buildings
For Young Families
- ◆25 m Kids' Swimming Pool — dedicated children's pool
- ◆Children's Playroom — large, safety-certified, indoor
- ◆Guest Rooms — boutique hotel-style for visiting relatives
- ◆Community Room — events & programmes
Work & Wellness
- ◆Co-working Space — NTT Group cloud Wi-Fi
- ◆Gym & Yoga Studio
- ◆Party Room — first in MIDORI PARK · residents only
- ◆Library & meeting rooms
Smart Technology
- ◆Cloud Wi-Fi across all common areas — first in Vietnam
- ◆Smart access control & video intercom
- ◆Building management mobile app
- ◆Vietnam's first Town Security System (entire MIDORI PARK)
Cloud Wi-Fi by NTT Group Japan
First condominium in Vietnam wired by NTT — enterprise connectivity, all common areas
NTT operates one of the world's largest telecommunications networks. At The Nest, the same enterprise-grade infrastructure runs across the lobby, pool deck, coworking, gym, sky lounge and outdoor promenades. Always-on, always-fast — the connectivity your work and life already assume.
Nine reasons The Nest
Why this is the project
01
Japanese garden city, 14 years in the making
TOKYU Garden City has been rising on Binh Duong New City since 2012 — the same Den-en-toshi (Garden City) philosophy Tokyu used to build Tama Den-en Toshi, Tokyo's most prestigious 5,000-hectare planned suburb. MIDORI PARK is its 63-hectare expression in Vietnam.
02
PropertyGuru's Best Young Lifestyle Condo 2025
The Nest won "Best Young Lifestyle Condo" at the Vietnam Property Awards 2025 — credibility from the region's most respected real estate jury, and a signal that the product matches what young professional buyers actually want.
03
56% green space — and Vietnam's first Town Security
MIDORI PARK keeps 56% of its 63 hectares as green space, with seasonal flower planting on the Japanese garden-city schedule. The entire urban zone is secured by Vietnam's first Town Security System — a level of safety unmatched in Vietnamese real estate.
04
Cloud Wi-Fi by NTT Group Japan — a Vietnamese first
The Nest is the first condominium in Vietnam wired with enterprise-grade cloud Wi-Fi by NTT Group Japan. Always-on connectivity across every common area — lobby, pool deck, coworking, gym. The infrastructure your work and lifestyle assume.
05
A 25-floor rooftop sky pool — and a 25 m kids pool
On the 25th floor of Tower East, an infinity sky pool faces the entire New City. On the podium, a dedicated 25 m children's pool — rare in Vietnam — sits beside a safety-certified indoor playroom. Designed for young families, not retrofitted for them.
06
Party Room — first private events space in MIDORI PARK
A residents-only private events room — the first of its kind in the entire MIDORI PARK urban zone. Host birthdays, anniversaries, business dinners in a hotel-grade space without leaving home.
07
70,000+ specialists already work next door
VSIP I & II together employ 75,000+ specialists — Samsung, LG, POSCO, Foxconn suppliers, electronics manufacturers. The Nest sits on the corridor between them and central HCMC, anchoring a captive tenant pool that drives 6–9% gross yields.
08
Binh Duong is now HCMC — the merger premium is here
In 2025 Binh Duong Province merged administratively into Ho Chi Minh City. The Nest's address quietly upgraded from "Binh Duong New City" to HCMC's newest super-ward — a one-time capital uplift that has only started to price in.
09
Only 50% before handover · 5% to start
A buyer-friendly schedule: 5% to start, 50% total before keys, 45% on handover (Q2 2027 for Tower East), final 5% on Pink Book. Up to 70% bank financing via partner banks. The numbers work whether you're owner-occupier, end-user, or rental investor.
The address
Inside MIDORI PARK — between Japan's planning genius and Vietnam's fastest-growing economic zone
Walking distance to AEON Mall MIDORI PARK, the Singapore International School and MIDORI PARK SQUARE. Five minutes to VSIP II — 30,000 specialists. Thirty to central Ho Chi Minh City — and to the new Long Thanh International Airport.
AEON Mall MIDORI PARK
walking distance
Singapore International School
3 min
VSIP II Industrial Park
5 min
Becamex International Hospital
10 min
Connectivity at a glance
- •Adjacent to AEON Mall MIDORI PARK, Singapore International School and MIDORI PARK SQUARE
- •5–15 min to VSIP II (30,000+ specialists), Becamex International Hospital and National Highway 13
- •15–25 min to VSIP I (45,000+ specialists) and Thu Dau Mot University
- •30 min to central Ho Chi Minh City · 30 min to new Long Thanh International Airport · 35 min to Tan Son Nhat
Direct flights to Ho Chi Minh City
- Incheon (ICN) · daily · 3.5h
- Busan (PUS) · 4x weekly · 4h
- Taipei (TPE) · 5x weekly · 3h
- Shanghai (PVG) · daily · 3h
- Guangzhou (CAN) · daily · 2.5h
- Beijing (PEK) · 4x weekly · 3.5h
- Hong Kong (HKG) · daily · 2.5h
- Tokyo (NRT) · daily · 5.5h
On the map
Investment case
A 6–9% yield, a captive 75,000-specialist tenant pool, and a one-time HCMC-merger uplift
VSIP I & II together employ 75,000+ specialists across Samsung, LG, POSCO, Foxconn, Tokyu and electronics manufacturers. Average 2BR rents at 12–18M VND/month against an entry from USD 88,500 produce 6–9% gross yields. The 2025 administrative merger of Binh Duong into Ho Chi Minh City adds a one-time capital uplift on top.
Rental yield
Est. 6–9% p.a. gross — 75,000+ specialists in VSIP I & II = captive tenant pool
Capital uplift
Binh Duong → HCMC merger drives premium upgrade · ahead-of-schedule construction
Track record
14 years of Becamex Tokyu credibility — every prior MIDORI PARK project fully sold & operating
Edge
Entry from USD 58,000 (Studio) · 2BR from USD 88,500 — most accessible Japanese-brand condo in Vietnam.
Foreign ownership
Buy through SPA · 50-year leasehold · converts to freehold on resale to a Vietnamese national
- Purchase is secured through an official Sale & Purchase Agreement (SPA) signed directly with Becamex Tokyu — the joint-venture developer.
- Foreigners hold a 50-year leasehold, renewable under Housing Law 2023, within the project's 30% foreign-ownership quota per tower.
- Full rights from day one: resell, lease, gift, inherit, mortgage. No annual property tax in Vietnam — only 10% withholding on rental income and 2% on resale.
- When a foreign-owned home is resold to a Vietnamese national, the title converts to permanent (freehold) perpetual ownership.
For global residents
A home for Chinese, Korean and Taiwanese buyers — designed for the East Asian standard of living
CN
For Chinese buyers
MIDORI PARK's 56% green ratio reads as feng-shui harmony. VSIP I & II are jointly trusted by Chinese investors. Japanese-quality construction is a proven value-preserver. Guangzhou flies daily to HCMC (2.5h); Shanghai daily (3h); Beijing four times weekly.
KR
For Korean buyers
70,000+ Koreans already live in Binh Duong — Samsung, LG and POSCO's VSIP ecosystem. Tokyu reads as familiar East Asian quality. AEON, coworking, kids' facilities and the Japanese community make daily life comfortable. Incheon flies daily (3.5h); Busan four times weekly.
TW
For Taiwanese buyers
Foxconn, TSMC suppliers and electronics manufacturers are next door. Japanese standard is the benchmark Taiwanese buyers already use. The "Best Young Lifestyle Condo 2025" award is a credibility signal. Taipei flies five times weekly to HCMC (3h).
Built by
The names behind The Nest
Tokyu Corporation
Japanese partner · 1922 · Tokyu Railways, Hotels, Department Stores · Den-en-toshi planner
Becamex IDC
Vietnamese partner · VSIP I & II master developer · 40+ years infrastructure
Becamex Tokyu
Joint-venture developer since March 2012 · The View · The Glory · The Ten · The Nest
Central Construction
General Contractor · Vietnam's premier construction firm · 1,400B VND contract
NTT Group Japan
Cloud Wi-Fi infrastructure partner · enterprise connectivity across all common areas
AEON Vietnam
Adjacent retail anchor · AEON Mall MIDORI PARK · Japanese-standard dining & retail
Payment schedule
Only 50% before handover · 5% to start
Booking deposit
50,000,000 VND booking deposit (~USD 1,900) — secures unit + reservation contract
Bank financing
Up to 70% bank financing through Becamex Tokyu's partner banks. Early Phase 1 discount up to 5%.
Phase 2025
25%
First payment only 5% · spread across the year
Deposit 50M VND + first installment 5% + further installments to reach 25% total by year end.
Phase 2026
20%
Quarterly — 5% per quarter
Four 5% installments tracking construction milestones.
Phase Q1 2027
5%
Pre-handover installment
Cumulative 50% paid · keys delivered next.
Phase Q2 2027
45%
HANDOVER — receive keys
West Apr 2027 / East Jul 2027 · 2% maintenance fund payable here.
Phase Pink Book
5%
On title issuance
Final installment when Pink Book / 50-year title is issued.
Maintenance fund = 2% of unit value, paid on handover. SPA = Sale & Purchase Agreement. Pink Book = ownership certificate issued at handover. Early-booker gift of 50M VND (limited). All figures indicative — confirmed at reservation.
Live progress
Construction progress — May 2026
✓Mar 2025
Groundbreaking
5 March 2025 — site mobilized, foundation works started.
✓Q4 2025
Foundation & basement complete
Substructure topped out across both towers.
✓May 2026
Floors 5–6 rising · ahead of schedule
Tower cranes installed on both towers. Vertical works advancing faster than baseline.
4Apr–Jul 2027
Handover — West then East
West tower handover Apr 2027 · East tower handover Jul 2027. Furnished delivery to owners.
Latest updateTrack record
14 years of Becamex Tokyu — every project delivered
2012
Joint venture established
Tokyu Corporation × Becamex IDC found Becamex Tokyu to build Binh Duong New City.
2015–2024
SORA Gardens · The VIEW · Hikari · HARUKA · KAZE
Apartments, dining district, townhouses and transport hub — every project delivered and fully operating.
2024
MIDORI PARK The Glory · 1,000 units delivered
The Glory — 24 floors, 1,000 units — completed autumn 2024, handed over 2025.
2026
MIDORI PARK The Ten · 300 units
Sister project · 10 floors · completion autumn 2026.
5 Mar 2025
The Nest — groundbreaking
Construction commenced on the 972-unit MIDORI PARK landmark.
Q4 2027
The Nest — handover
Tower East delivery · ahead of original schedule.
Begin here
Reserve · The Nest
Tell us which unit type, which floor band, and which channel you prefer. A multilingual advisor on the Becamex Tokyu side will reach out within 24 hours.