Cara River Park

About Cara River Park

Cara River Park is a premium apartment development on Vu Dinh Lieu Street in the Nam Can Tho urban area, Cai Rang Ward (formerly Hung Thanh Ward, Cai Rang District), Can Tho City. It comprises two towers, Premium and Luxury, of 20 above-ground floors plus one basement, built on a 3,090 sq m site with a total investment of around VND 564 billion, and delivers roughly 358 units: 1–3 bedroom apartments of about 33–86 sq m (actual handover areas recorded at 36.24–85.85 sq m), 8 penthouses (one listing records a unit of around 157.60 sq m) and 20 shophouses. The site has four frontages onto the internal roads Vu Dinh Lieu – Street 3 – Street 6 – Street 19 and sits about 100 m from Vo Nguyen Giap Boulevard. Construction began in August 2023, the project was inaugurated on 19 December 2025 and residents started moving in from December 2025. At the inauguration the developer said more than 90% of the units had found owners; according to information from a distribution agent (July 2026), the primary basket is down to roughly 10 apartments plus a small number of shophouses and penthouses — that figure has not been officially announced by the developer, so treat it as indicative only. Supply at Cara River Park therefore now comes from two directions: what is left of the developer's primary basket, and resale units from residents and investors who bought in earlier rounds.

**About the developer.** The developer is Cara Group JSC, formerly Dat Xanh Mien Tay Service and Investment JSC, which formally changed its name on 6 June 2024 — a real estate distribution and development company that has been active in the Mekong Delta for many years. Cara River Park is the first high-rise apartment project the company has developed as principal in Can Tho. At the sales launch, the project was certified as eligible for the sale of off-plan housing and came with policies such as 20–30% initial payment, 0% interest support for 18–24 months, a leaseback commitment and a buy-back at the original price after 24 months. On 11 July 2026 the developer held a ceremony to hand pink books to residents, completing the legal paperwork within the first year after physical handover.

**Prices and available stock.** Listings recorded in August 2026 show 2-bedroom units of about 53 sq m asking VND 2.7–2.9 billion, 2-bedroom units of about 70 sq m at VND 3–3.7 billion and 3-bedroom units of 85–86 sq m at around VND 4.7–4.8 billion, equivalent to VND 42–56 million per sq m. Those listings mix what remains of the developer's primary basket — including one advertising a discount of up to 16% — with resale units from residents, so before paying a deposit establish clearly whether the seller is the developer or a private owner. On the primary channel, the developer's most recent published sales policy (VnExpress, September 2025) quoted prices from about VND 3.9 billion per unit, with the price level recorded at roughly VND 45.2–54.2 million per sq m. When buying from a resident, check four points. First, whether the apartment already has its own pink book or is still at sale-and-purchase contract stage, as the procedures and the risks differ; if the certificate has been issued, sign a notarised transfer contract and register the change of title at the land registration office. Second, the tax costs: 2% personal income tax on the transfer price, a 0.5% registration fee plus notary and appraisal fees — who bears them is a matter of agreement, so it must be spelled out in the contract. Third, any outstanding bank debt, and whether management fees and the 2% maintenance fund have been paid in full. Fourth, if the buyer is a foreigner, written confirmation that the tower's 30% foreign ownership quota still has room must be obtained before the deposit. As at this update, the developer has not announced any new phase or new tower on this same site.

**Who is it for?** Among owner-occupiers, the best fit is young families, professionals and staff working around the Nam Can Tho administrative centre who want to move in immediately, into a building whose amenities are already fully operating, rather than wait two or three years for construction. Investors buying to lease tend to look at the smaller 1–2 bedroom units, which rent more readily thanks to the flow of business travellers and specialists coming to Can Tho. Conversely, buyers who want primary stock released in phases with a wide choice of floors and orientations, or who are hoping for a large discount under a new sales policy, will find little room left here because the primary basket is very thin, and should also consider other projects in the area.

Happy Land keeps a continuously updated inventory for Cara River Park covering both the remaining primary basket and resale units: the list of units currently on offer by floor, orientation and size, the prices actually negotiated, the pink book status of each unit, the expected transfer costs and the remaining foreign ownership quota in each tower. Contact Happy Land for a shortlist that matches your budget and how you intend to use the property.