Luxury apartments on lot 6.8, northern subdivision of the Sala urban area, Thu Thiem
Sarene Residence & Commercial Complex is a luxury apartment and retail-street development by Dai Quang Minh Real Estate Investment JSC on lot 6.8 in the northern subdivision of the Sala urban area, An Khanh Ward (formerly District 2 / Thu Duc City), Ho Chi Minh City. The project was introduced and broke ground on 13 January 2026, marking the first new residential development to be launched in the Sala urban area in nearly a decade, after a pause that began in 2018 due to legal complications.
On scale: according to the announcement by main contractor Central Cons, the site covers 16,319.6 m² (about 1.63 ha) and comprises 4 apartment towers rising to 26 floors, 2 basement levels and a 3-storey commercial podium, with a total construction floor area of about 150,431 m². The product mix has not been officially announced by the developer: most information from distributors describes 1 – 3 bedroom apartments, while some other sources also record a 4-bedroom type. Unit sizes are equally inconsistent across sources — some cite roughly 56 – 170 m², others 50 – 120 m² — so these figures are for reference only and need to be checked against the official launch documents. Alongside the apartments there are shop-apartments in the commercial podium. Handover is expected in November 2027 according to the information released at groundbreaking; some distributors quote 2028, so the schedule should be reconfirmed in the sale and purchase agreement.
On price, the developer has not yet released an official price list. VnExpress (29 May 2026) reported the project's price level at "200 million VND per m² and above", in a market where Thu Thiem apartment prices have been recorded in the 200 – 500 million VND/m² range. Distributors are quoting a reference level of 200 – 250 million VND/m², equivalent to roughly 11.2 billion to more than 40 billion VND per unit depending on size, floor and view. Note that the 250 million VND/m² ceiling and the per-unit value range above come from agency sources and have not been confirmed by the developer or by mainstream media.
**Sales status.** According to Tien Phong, the developer's plan is to open sales from June 2026 and to complete and hand over in November 2027. However, as of late August 2026 we have not been able to confirm a notice from the Department of Construction stating that the project is eligible to sell future-formed housing, and information from the sales floors is inconsistent — some report that bookings (reservations) are being taken, others say the project has not announced sales and is still working on the foundations. Buyers should therefore confirm the legal status of sales, the form of reservation and the deposit-refund conditions before committing any money.
**About the developer.** Dai Quang Minh (brand name THADICO) is a member of THACO Group, founded in 2011, and is the developer of the entire Sala urban area of more than 100 ha as well as four main arterial roads in the new Thu Thiem urban area. The Sadora, Sarimi, Sarica and Sari Town subdivisions have been handed over and in operation for several years, with more than 1,000 homes in Sala already issued with ownership certificates. This is a notable difference from many projects in the same area: buyers can see for themselves the handover quality and the real level of operation in earlier subdivisions delivered by the same developer.
**Who is it for?** Based on the reference price level available today, the project targets buyers with a budget from around 11 billion VND upwards who prioritise a central Thu Thiem location and clear legal standing: families working in District 1 who want to cut their commute to 3 – 5 minutes; professionals and foreigners who need a living environment with the VAS international school inside the Sala urban area and AIH International Hospital in the neighbouring area; and long-term investors betting on the pace at which the Thu Thiem financial centre takes shape. Conversely, this is not the right product for anyone looking for an affordable apartment, needing a home ready to move into, or needing a fixed price list and unit mix in order to run the cash-flow numbers right now.
Happy Land is following the legal progress of sales and the movement of the Sarene Residence inventory closely. Leave your details and we will send you the original price list as soon as the developer publishes it, along with the inventory by tower and unit type, detailed floor plans, payment schedules and loan support policies, and the latest status of the 30% quota reserved for foreign buyers.
📍 An Khanh Ward (Sala Urban Area – Thu Thiem, formerly District 2 / Thu Duc City), Ho Chi Minh City
Sarene Residence sits on lot 6.8 in the northern subdivision of the Sala urban area, fronting Mai Chi Tho Boulevard and Nguyen Co Thach Street, in An Khanh Ward — a new administrative unit created on 1 July 2025 by merging the former wards of An Khanh, An Loi Dong, Thao Dien and Thu Thiem plus part of An Phu in the former Thu Duc City (the former District 2 area). This is the centre of the Thu Thiem peninsula, where Mai Chi Tho Boulevard serves as the backbone connecting the Thu Thiem financial and administrative core with the rest of the city. From the project, residents reach central District 1 in about 3 – 5 minutes through the Thu Thiem Tunnel or across Ba Son Bridge, and Binh Thanh in about 3 minutes via Thu Thiem 1 Bridge; the planned Thu Thiem 3 and Thu Thiem 4 bridges will add connections towards the former District 4 and District 7. Mai Chi Tho also runs straight onto the HCMC – Long Thanh – Dau Giay Expressway, convenient for Dong Nai and Long Thanh airport. Within walking distance or a few minutes' drive are the amenities already operating within the Sala urban area itself: Thiso Mall, the Sofic office tower, the VAS Vietnam Australia International School, together with the parks and the Thu Thiem ecological forest park that surround the area. AIH International Hospital is in the neighbouring area, a few minutes away.
The first residential project to break ground in the Sala urban area after almost 10 years of suspension, with construction starting on 13 January 2026
Lot 6.8 fronting Mai Chi Tho Boulevard in the northern subdivision of Sala, about 3 – 5 minutes from central District 1 via the Thu Thiem Tunnel or Ba Son Bridge
Developed by Dai Quang Minh (THADICO), a member of THACO Group and the company that built the entire Sala urban area and Thu Thiem's framework infrastructure
A compact 1.63 ha site with 4 towers rising to 26 floors and a 3-storey commercial podium, total floor area of about 150,431 m² as announced by main contractor Central Cons
Inherits Sala's already-operating amenities: Thiso Mall, the Sofic tower, VAS international school and the Thu Thiem ecological forest park; AIH International Hospital is in the neighbouring area
As a condominium project, foreigners may purchase under the Housing Law, subject to a cap of 30% of the total units in each building. Foreign buyers receive a pink book (so hong) with a 50-year ownership term, which may be applied for extension; Vietnamese citizens and eligible overseas Vietnamese hold long-term ownership. The 30% cap is counted building by building and allocated across each sales phase, so the remaining quota should be confirmed with the developer before placing a deposit. Eligibility must be checked for the property type, project, specific unit and buyer. Read the foreigner guide →
Sarene Residence & Commercial Complex is a luxury apartment and retail-street complex on lot 6.8 in the northern subdivision of the Sala urban area, An Khanh Ward (formerly District 2 / Thu Duc City), Ho Chi Minh City. The developer is Dai Quang Minh Real Estate Investment JSC (THADICO), a member of THACO Group — the same company that developed the entire Sala urban area. Construction began on 13 January 2026 on a site of about 1.63 ha, with 4 towers rising to 26 floors, 2 basement levels and a 3-storey commercial podium; handover is expected in November 2027.
According to Tien Phong, the developer plans to open sales from June 2026. However, as of late August 2026 we have not been able to confirm a notice from the Department of Construction stating that the project is eligible to sell future-formed housing, and information from the sales floors is inconsistent: some report that bookings (reservations) are being taken, others say the project has not announced sales and is still working on the foundations. Buyers should confirm the legal status of sales and the deposit-refund conditions before placing a reservation. Happy Land will update as soon as an official launch is confirmed.
The developer has not published an official price list. According to VnExpress (29 May 2026), the project's price level is 200 million VND per m² and above, within the 200 – 500 million VND/m² band recorded across the Thu Thiem apartment market. Distributors are quoting a reference level of about 200 – 250 million VND/m², equivalent to roughly 11.2 billion to more than 40 billion VND per unit — these figures come from agency sources, have not been confirmed by the developer and may change. Contact Happy Land to receive the original price list as soon as it is released.
Yes. As a condominium project, foreigners may purchase under the Housing Law, subject to a cap of 30% of the total units in each building. The ownership term shown on the pink book (so hong) is 50 years and may be applied for extension under the regulations; Vietnamese citizens and eligible overseas Vietnamese hold long-term ownership. Because the 30% cap is allocated building by building and phase by phase, foreign buyers should check the remaining quota before placing a deposit.
Sarene Residence (Sala Thủ Thiêm) is priced No official price list from the developer yet. VnExpress (29 May 2026) reported the project's price level at 200 million VND/m² and above; distributors are quoting a reference range of 200 – 250 million VND/m², equivalent to roughly 11.2 – 40 billion VND per unit. (around Từ 200 triệu VND/m² trở lên (VnExpress 29/5/2026); các sàn tham khảo 200 – 250 triệu VND/m²). Contact Happy Land for the detailed price list and current available units.
Sarene Residence (Sala Thủ Thiêm) is developed by Công ty CP Đầu tư Địa ốc Đại Quang Minh (THADICO – Tập đoàn THACO), located in An Khanh Ward (Sala Urban Area – Thu Thiem, formerly District 2 / Thu Duc City), Ho Chi Minh City. Project scale: Approximately 1.63 ha (16,319.6 m² of land), with 4 apartment towers rising to 26 floors, 2 basement levels and a 3-storey commercial podium; total construction floor area of about 150,431 m² (as announced by main contractor Central Cons). Groundbreaking took place on 13 January 2026..
Sarene Residence (Sala Thủ Thiêm) is currently coming soon. Expected handover: Expected November 2027 (some distributors quote 2028 – to be confirmed against the sale and purchase agreement). Contact Happy Land for the latest construction progress and available units.
Sarene Residence (Sala Thủ Thiêm) (Luxury apartments & shop-apartments) offers: 1 – 3 bedrooms (some sources list 1 – 4 bedrooms; no official announcement from the developer yet). Contact Happy Land for floor plans and prices for each unit type.
Sarene Residence (Sala Thủ Thiêm) is located in An Khanh Ward (Sala Urban Area – Thu Thiem, formerly District 2 / Thu Duc City), Ho Chi Minh City. Notable connections and amenities: Thu Thiem Tunnel to central District 1 - about 3 – 5 minutes; Ba Son Bridge to District 1 - about 5 minutes; Thu Thiem 1 Bridge to Binh Thanh - about 3 minutes; Thiso Mall Sala - adjacent, inside the Sala urban area.
As a condominium project, foreigners may purchase under the Housing Law, subject to a cap of 30% of the total units in each building. Foreign buyers receive a pink book (so hong) with a 50-year ownership term, which may be applied for extension; Vietnamese citizens and eligible overseas Vietnamese hold long-term ownership. The 30% cap is counted building by building and allocated across each sales phase, so the remaining quota should be confirmed with the developer before placing a deposit. Happy Land helps check buyer eligibility, project documents and the specific unit before a transaction.
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