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50-year ownership, renewableSPA signed directly with the developerResale to a Vietnamese national → perpetual freeholdFreely resold or leasedWithin each project's foreign-ownership quotaAdvisory in English · 中文 · 한국어Housing Law 2023
Happy One Elite

Van Xuan Group

Happy One Elite

Live Above, Live Elite

Two towers of twenty-five storeys on Tam Binh, at the eastern gateway of Ho Chi Minh City. Seven hundred and eighty-four homes over a commercial podium, handed over fully fitted, with long-term ownership title.

Tam Binh, Ho Chi Minh CityPreviously marketed as Van Xuan Tam Binh

From
59,800,000 VND
per m², before VAT
Handover
Q3–Q4 2029
Homes
784

The project

A tower address on Tam Binh, built by the group behind Happy One.

Happy One Elite is Van Xuan Group's fourth address under the Happy One name and its first on Tam Binh. The site sits on a plot with four street frontages, a few hundred metres from Pham Van Dong, the boulevard that runs from this side of the city to Tan Son Nhat airport.

The development is two residential towers of twenty-five storeys over two basement levels and a commercial podium, with the amenity decks on floors three and four. Seven hundred and eighty-four homes in six formats, from a 36 m² single to a 105 m² corner, are planned for a resident population of around nine hundred.

Happy One Elite
Happy One Elite
  • Commercial podium

    Shophouses, a mini-supermarket and services on the podium, so the ground floor works before you leave the building.

  • Fitted handover

    Homes are handed over fully fitted, not as a bare shell — the finish is in the price, not an extra budget line.

  • Long-term title

    Sold on a long-term ownership Pink Book, with the developer's eligibility-to-sell permit already issued.

  • 15% to signing

    Fifteen per cent of the price takes you to contract, and the balance is interest-free until you take the keys.

At a glance

The specification, in one table.

Every row below is either read off the developer's drawings or stated by the seller. Where the two sources disagreed, the note says which one this page followed.

Developer
Van Xuan Group
Former name
Van Xuan Tam Binh
Address
191/2 Tam Binh, Tam Binh, Ho Chi Minh City
Scale
2 towers · 25 storeys · 2 basement levels · 8,760.7 m²
Homes
784 homes in six formats
Unit areas
35.88 – 105.64 m², measured to the wall centreline
Planned population
around 900 residents
Expected handover
Q3–Q4 2029
Handover standard
Fully fitted
Architecture and landscape
ONG&ONG · Belt Collins
Management
Savills
Ownership
Long-term ownership Pink Book
Lending banks
PVcomBank · ACB · BIDV

The 8,760.7 m² figure is printed by the seller without saying whether it is the site area or the gross floor area, so it is reproduced here unlabelled rather than assigned to one.

Happy One Elite

Where it is

Tam Binh, and the road that gets you out of it.

The project stands on a plot with four street frontages on Tam Binh, in the eastern approach to Ho Chi Minh City. These are the connections the developer's own location page names — and they are the only ones this page repeats.

The developer’s connectivity map: Tam Binh at the centre, with the routes out to Binh Thanh, the airport and the eastern districts.
The developer’s connectivity map: Tam Binh at the centre, with the routes out to Binh Thanh, the airport and the eastern districts.
The plot on the satellite view, with the streets that bound it.
The plot on the satellite view, with the streets that bound it.
The tower in its immediate neighbourhood.
The tower in its immediate neighbourhood.
  • Pham Van Dong

    Under a kilometre away. The boulevard links this side of the city with Binh Thanh, the central districts and Tan Son Nhat airport.

  • National Highway 1A

    The through route north and east, reached from the same approach roads.

  • To Ngoc Van

    The local link from Tam Binh across to Linh Dong.

Four street frontages

The plot fronts four streets, which is what lets the podium open retail on more than one side and keeps the residential drop-off clear of the shop traffic.

The seller's own page also prints a list of travel times to Thuan An, Becamex hospital and the Binh Duong hi-tech park. Those are in a different province and were written for another project, so they are not reproduced here.

Amenities

More than fifty, on two dedicated floors and a rooftop.

The amenity decks sit on floors three and four, above the commercial podium, with the signature pool higher up. This is the seller's list, grouped.

The glass-bottomed pool, looking back over the city.
The glass-bottomed pool, looking back over the city.

Water

  • Glass-bottomed sky pool, cantilevered clear of the facade
  • Olympic-standard infinity pool
  • Separate children's pool

Active

  • Gymnasium
  • Yoga studio
  • Running track
  • Outdoor barbecue terrace

Family

  • Children's play area
  • Nursery school
  • Residents' community room
  • Landscaped park and gardens

Retail and services

  • Shophouse frontage on the podium
  • Mini-supermarket and convenience store
  • Cafe
  • Restaurant
  • Spa

Security

  • 24/7 manned security
  • Camera surveillance throughout

The amenity decks, as drawn

The amenity decks, as drawnThe amenity decks, as drawnThe amenity decks, as drawnThe amenity decks, as drawnThe amenity decks, as drawnThe amenity decks, as drawn

Where each amenity sits

The developer publishes a numbered plan for each of the two amenity levels — the podium at ground level and the rooftop. Both are reproduced here; the numbered keys on them are the developer’s own.

Podium level: arrival, drop-off, the community block and the outdoor amenities.
Podium level: arrival, drop-off, the community block and the outdoor amenities.
Rooftop level: the sky deck, the gardens, the yoga and barbecue zones.
Rooftop level: the sky deck, the gardens, the yoga and barbecue zones.

The building

Two towers on one podium.

The developer's typical-floor drawing labels the two towers A and B. Below the apartments are two basement levels and a commercial podium, with the amenity floors above it.

2towers25storeys2basement levels8,760.7 m²site, as stated

How the levels stack

Two basement levels for parking and plant, one podium floor for the commercial units, the amenity decks on floors three and four, and twenty-five residential storeys above.

The developer's typical-floor plate, showing towers A and B.
The developer's typical-floor plate, showing towers A and B.

The seller prints 8,760.7 m² without saying whether that is the site area or the gross floor area. It is reproduced as given.

The mix

Six formats, and how many of each.

Read off the developer's own product-mix plate. The six shares sum to exactly one hundred, which is why this is the breakdown the page publishes.

  • 1%Garden home
  • 14%One bedroom
  • 12%One bedroom plus
  • 34%Two bedroom
  • 10%Two bedroom plus
  • 29%Officetel
The developer's product-mix plate.
The developer's product-mix plate.

Areas

What each format actually measures.

These are the areas printed on the developer's typical-floor plate, to two decimals. They are measured to the centreline of the walls, the larger of the two Vietnamese conventions, so compare them against a carpet-area figure with that in mind.

FormatAreaBedroomsBathrooms
One bedroom35.88 – 37.03 m²11
One bedroom plus60.34 – 61.55 m²11
Two bedroom69.8 – 71.01 m²22
Two bedroom plus104.67 – 105.64 m²22

On a typical floor

FormatPer floorArea
One bedroom636 m²
Two bedroom1170.01 m²
Two bedroom, corner370.01 m²
Two bedroom plus5105 m²

Also in the building

Officetel units run 36 – 62 m².

Podium shop units run 86 – 159 m².

The seller's text also quotes 56, 62 and 85 m². Those figures appear nowhere on the floor plate, so the plate's figures are the ones published here.

Unit drawings

Every layout the developer has released.

Seven sheets in all. Four are the developer’s layout boards, which pair each plan with its key plan and its carpet and centreline areas; three are the single-type cards, which add how many of that layout sit on a typical floor. Where the two disagree on an area, the typical-floor plate is the one this page’s tables follow.

Every layout the developer has released.
Every layout the developer has released.
Every layout the developer has released.
Every layout the developer has released.
One bedroom, one bathroom — 36 m², six per floor
One bedroom, one bathroom — 36 m², six per floor
Two bedroom, two bathrooms — 70.01 m², eleven standard and three corner per floor
Two bedroom, two bathrooms — 70.01 m², eleven standard and three corner per floor
Two bedroom plus, two bathrooms — 105 m², five per floor
Two bedroom plus, two bathrooms — 105 m², five per floor

Each sheet carries its own area and the number of that layout on a typical floor. The developer's own note on the sheets is that drawing figures are indicative.

The garden and space-villa sheet shows two formats that do not appear in the seller’s price table. We have not been given a price for either.

Inside

Handed over fitted, not as a shell.

The seller states a fully fitted handover. That matters more here than it sounds: a bare-shell handover in this market usually adds a six-figure fit-out in dong per square metre, and a buyer living abroad has to manage it from a distance.

The show apartment.
The show apartment.

The show apartment and the balconies

The show apartment and the balconiesThe show apartment and the balconies

Price

What it costs, with the tax stated.

The seller quotes a rate per square metre before VAT and a per-home table after it. The two reconcile at the standard ten per cent, so both are printed here, each labelled.

Headline rate

59,800,000 VND/m²

Before VAT and before the maintenance fund, which is the convention this market quotes in.

FormatArea bandPrice per home
One bedroom36 – 61 m²2,369,000,000 VND – 4,050,000,000 VND
Two bedroom62 – 71 m²4,078,000,000 VND – 4,670,000,000 VND
Two bedroom plus85 – 105 m²5,591,000,000 VND – 6,775,000,000 VND
Podium shophouse86 – 159 m²On application
What it costs, with the tax stated.

Per-home prices include 10% VAT. The maintenance fund is charged separately, as it is on every project in this market.

Prices are the seller's published table, read on 2026-11-10. A price list moves between sales releases — ask us and we will confirm the current sheet in writing before you commit to anything.

Payment

Fifteen per cent to contract, then interest-free until the keys.

The schedule below is the seller's published policy. The headline is that the balance after contract carries no interest until handover, which on a 2029 delivery is a long time to hold a place at today's price.

  • To contract

    15% of the price takes you to a signed sale and purchase agreement.

  • Then interest-free

    No interest is charged on the balance until you take handover.

  • Booking

    A booking of 50,000,000 VND reserves a unit ahead of the release.

The seller is currently running two versions of the booking offer with different allocation sizes and different management-fee waivers. Only the booking amount, which both state identically, is published here — ask us which round is open.

The four routes side by side

Paying more of the price early earns a larger discount. The figures below are the developer’s four non-loan payment routes, summarised from the schedules that follow.

StandardPay 40% earlyPay 65% earlyPay 90% early
Paid early (after the first 5%)15%40%65%90%
Discount2%6%10%17%
Instalments22843
Paid before handover70%70%70%95%
At handover25%25%25%0%
On the ownership certificate5%5%5%5%

The seller's note excludes an initial five per cent deposit instrument from these percentages.

Work out your own instalments

Enter the price you have been quoted. Each route takes its own discount off that price and splits what is left across its instalments, to the dong, and each route downloads as an image or a PDF.

VND

Use the price on your quotation. Each route below deducts its own discount, then divides the rest by its published shares; the amounts in a route add up exactly to its price after discount.

Route 1

Standard

Price after the 2% discount: 4,576,600,000 VND

2% off

InstalmentWhenSharePaid to dateAmount (VND)
1On signing the reservation agreement5%5%228,830,000
2One month after the reservation agreement5%10%228,830,000
3Sale and purchase agreement signedQ3–Q4 20275%15%228,830,000
4One month after the sale and purchase agreement5%20%228,830,000
5–14Monthly, one instalment a month2.5% × 1045%114,415,000× 10 = 1,144,150,000
15Topping outQ3–Q4 202810%55%457,660,000
16–20Every two months3% × 570%137,298,000× 5 = 686,490,000
21HandoverQ3–Q4 202925%95%1,144,150,000
22On receiving the ownership certificate5%100%228,830,000

Route 2

Pay 40% early

Price after the 6% discount: 4,389,800,000 VND

6% off

InstalmentWhenSharePaid to dateAmount (VND)
1On signing the reservation agreement5%5%219,490,000
2One month after the reservation agreement40%45%1,755,920,000
—Sale and purchase agreement signedQ3–Q4 2027—45%Nothing due
3Topping outQ3–Q4 202810%55%438,980,000
4–6Every two months5% × 370%219,490,000× 3 = 658,470,000
7HandoverQ3–Q4 202925%95%1,097,450,000
8On receiving the ownership certificate5%100%219,490,000

Route 3

Pay 65% early

Price after the 10% discount: 4,203,000,000 VND

10% off

InstalmentWhenSharePaid to dateAmount (VND)
1On signing the reservation agreement5%5%210,150,000
2One month after the reservation agreement65%70%2,731,950,000
—Sale and purchase agreement signedQ3–Q4 2027—70%Nothing due
—Topping outQ3–Q4 2028—70%Nothing due
3HandoverQ3–Q4 202925%95%1,050,750,000
4On receiving the ownership certificate5%100%210,150,000

Route 4

Pay 90% early

Price after the 17% discount: 3,876,100,000 VND

17% off

InstalmentWhenSharePaid to dateAmount (VND)
1On signing the reservation agreement5%5%193,805,000
2One month after the reservation agreement90%95%3,488,490,000
—Sale and purchase agreement signedQ3–Q4 2027—95%Nothing due
—Topping outQ3–Q4 2028—95%Nothing due
—HandoverQ3–Q4 2029—95%Nothing due
3On receiving the ownership certificate5%100%193,805,000

The developer’s original sheets

The four tables above are transcribed from these sheets, one per route; the sheets themselves are reproduced as the developer publishes them.

The developer’s original sheetsThe developer’s original sheetsThe developer’s original sheetsThe developer’s original sheets

These sheets are the developer’s, and a schedule can change between sales releases. Ask us and we will confirm which one is open before you commit to anything.

Lending

The project is on the lending panel at PVcomBank · ACB · BIDV.

Handover

What is in the apartment when you get the keys.

The seller publishes a fitted-handover board listing the specification and the brands behind each item. It states the same Q3–Q4 2029 date as the overview table.

The handover specification board.
The handover specification board.

Foreign buyers

How the law works, and what is still unconfirmed here.

  1. You buy through an official Sale and Purchase Agreement signed directly with the developer.
  2. Under the Housing Law 2023 a foreign buyer owns for up to 50 years, renewable, within the project’s foreign-ownership quota; once resold to a Vietnamese buyer it becomes long-term (permanent) ownership.
  3. The home can be freely resold or leased during that term.
  4. The 50 years run from the date your Pink Book is issued, not from the day you sign, and the term is written on the certificate itself.

The one thing we cannot yet tell you

This project’s foreign-ownership quota is not published in any material we have read. We will not borrow a figure from a sibling project to fill the gap — ask us and we will get it from the developer in writing.

On site

Foundations.

Foundation works are under way and the basement levels have not been started. The seller gives no date against that status, so it is printed as a stage rather than a schedule.

Piling under way at Tam Binh, stamped 9 November 2026.
Piling under way at Tam Binh, stamped 9 November 2026.
The site gate on Tam Binh.
The site gate on Tam Binh.

Three photographs the seller files under this project that are not this site

The seller’s progress gallery includes these three. Each carries its own stamp — “Thu Khoa Huan, TP. Thuan An” and “211 KDC Mieu Ba, Thuan An, Binh Duong”, dated October 2025. That is a different province and a different site. They are shown here because they are part of the published material, and labelled because they are not this build.

Three photographs the seller files under this project that are not this siteThree photographs the seller files under this project that are not this siteThree photographs the seller files under this project that are not this site

Figures on this page were read from the developer's published drawings and the seller's own pages on 2026-11-10.

The developer

Van Xuan Group, and what it has already handed over.

The group has been developing in Ho Chi Minh City and Binh Duong since 2005. The Happy One line is its residential brand, and two of the earlier addresses are worth checking before you judge this one.

Happy One Central

Occupied and running. The first residents' meeting elected a management board for 2025–2028, and the first batch of ownership certificates was issued from 2024-12-14. A handed-over building with certificates in owners' hands is the most useful thing a developer can show you.

Happy One Mori

Under construction in Binh Duong, with the superstructure contract signed in June 2026. We publish a full page on it, so you can compare the two directly.

Open the Happy One Mori record

The group, its partners and its last handover

Van Xuan Group marking twenty years.
Van Xuan Group marking twenty years.
The consultants named on the project: ONG&ONG, Belt Collins, Phan Vu and Savills.
The consultants named on the project: ONG&ONG, Belt Collins, Phan Vu and Savills.
Handing over certificates at Happy One Central.
Handing over certificates at Happy One Central.
The group’s mark.
The group’s mark.

Who it builds with

Central · Ricons · Phuoc Thanh · Artelia · CBRE · Savista

Launch and offers

What the seller is running right now.

These are the seller’s own launch and promotion materials, reproduced as published. They are dated and they expire — treat them as a snapshot, not as terms.

What the seller is running right now.What the seller is running right now.What the seller is running right now.What the seller is running right now.

An offer board is not a contract. Whatever is current when you buy is what the sale and purchase agreement says, and that is the document to read.

Design and operations

Who drew it and who will run it.

Architecture and landscape
ONG&ONG · Belt Collins
Building management
Savills

An international manager named before handover is a reasonable signal, but the management contract is renewed periodically — it is not a permanent fixture of the building.

Source material

Everything else the seller publishes.

The rest of the images on the developer’s pages, so the set is complete and nothing has been quietly left out.

An amenity board for a different development

Fresia Riverside Tan Van — another developer’s scheme, published on this project’s pages.
Fresia Riverside Tan Van — another developer’s scheme, published on this project’s pages.

Logos and interface graphics

Logos and interface graphicsLogos and interface graphicsLogos and interface graphicsLogos and interface graphicsLogos and interface graphicsLogos and interface graphicsLogos and interface graphics

Talk to us

Ask for the documents, not the brochure.

Tell us which format interests you and we will come back with the current price sheet, the payment schedule in writing, this building's foreign-ownership allocation and the developer's eligibility certificate.

Tin Pham
Tin Pham · Authorized Advisor
usually replies within the hour during business hours

How can we reach you?needed

Investor FAQ

Frequently asked questions

What is Happy One Elite?
Van Xuan Group — two towers of 25 storeys over two basement levels on Tam Binh, at the eastern gateway of Ho Chi Minh City. 784 homes from 35.88 m² to 105.64 m², measured to the wall centreline and handed over fully fitted. From 59,800,000 VND/m² before VAT, 15% on signing and interest-free until handover in Q3–Q4 2029. Design by ONG&ONG and Belt Collins; management by Savills. It is offered to both owner-occupiers and investors.
Where is Happy One Elite located?
Happy One Elite is located in Tam Binh Ward · 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 Happy One Elite?
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) as a foreign buyer you own the home for 50 years, renewable under the Housing Law 2023; (3) you can freely resell or lease the home during that term, with proceeds repatriable; (4) once the home is resold to a Vietnamese buyer, it becomes long-term (permanent) ownership. We confirm the remaining foreign quota for Happy One Elite before any reservation.
Can a foreigner resell an apartment at Happy One Elite?
Yes. During your 50-year term you can freely resell or lease Happy One Elite. If you sell to another eligible foreigner, the 50-year ownership term 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 Happy One Elite 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 Happy One Elite?
Happy One Elite is developed by Van Xuan Group. 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 Happy One Elite a good investment for rental income?
Happy One Elite may appeal to tenants seeking quality housing in Tam Binh Ward · Ho Chi Minh, 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 Happy One Elite offer?
Happy One Elite 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 Happy One Elite?
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 Happy One Elite 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 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 of team experience, 4,200+ international clients

A track record across all 34 provinces and cities, with the buying journey delivered in your language end to end.

2

Foreign quota checked before you pay

Before you pay any deposit, our foreign-buyer sales team checks the seller, the building’s remaining foreign quota and the Pink Book.

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.

Owner services

Resale community

Buy & sell owner-listed apartments before they reach the public market. Verified members, advisor-moderated.

Join the Zalo group

Apartment management for foreign owners

Leasing, rent collection, maintenance & quarterly reports while you are abroad — one local team, one monthly statement.

See how it works