Vietnam's elite turn to riverfront luxury residences in Ho Chi Minh City and Da Nang

In Ho Chi Minh City, the Gladia Heights project near Thủ Thiêm, developed by Keppel and Khang Điền, offers a limited riverfront development on a 1.26 ha site with three towers. About 70 % of its 1,500 apartments face the Saigon River, commanding price premiums of roughly 24 % above typical inner‑city units, reflecting the scarcity of waterfront land.

Further north, Da Nang’s The Hidden Valley (Vinhomes Hải Vân Bay) provides detached villas nestled in a pristine valley under the Hải Vân range. The development is marketed as a “quiet‑luxury” wellness enclave, with claims that the dense forest environment improves respiratory health and reduces anxiety by up to 25 % according to a joint study by the University of Exeter and the WHO. Early buyers, such as Nguyen Thị Hà, cite cleaner air and a calmer lifestyle as key motivations.

Both projects illustrate a growing trend among Vietnam’s affluent classes to seek river‑front or valley‑front properties that combine long‑term value appreciation with health‑focused living environments.