The Felix

About The Felix

The Felix (legal project name: Khu chung cu Hanh Phuc) is an apartment development by Cong ty Co phan C-Holdings (tax code 3702704796, legal representative Mr. Nguyen Quoc Cuong), located on Nguyen Du - Bui Huu Nghia streets in Binh Hoa Ward, Ho Chi Minh City (formerly part of Thuan An City, Binh Duong Province, merged into Ho Chi Minh City from 2025).

The site covers roughly 9,465 sqm, of which 8,511.7 sqm was approved by the Binh Duong Provincial People's Committee for conversion from non-agricultural production land to urban residential land in July 2024.

The development consists of 2 towers of 40 storeys plus 1 basement level, delivering approximately 1,206 units - mostly 1-3 bedroom apartments, along with 16 duplexes, 59 officetels and 10 podium shophouses.

Apartment sizes range from about 41 to 86 sqm (1-bedroom approx. 40.9 - 45.7 sqm; 2-bedroom approx. 59 - 70 sqm; 3-bedroom approx. 77 - 85.6 sqm), with duplexes at approximately 111 - 149 sqm.

What draws the most market attention to The Felix is the price point. At launch in 2024, media reports recorded prices from around VND 1.48 billion per unit; by the 2026 sales phases, the commonly announced level is from around VND 1.6 billion for a 1-bedroom unit (~45 sqm), equating to an average of roughly VND 34 - 35 million per sqm, with the exact figure varying by floor, orientation and unit type.

The payment scheme applied is 10% on signing the sale and purchase agreement, then instalments of about 1% per month; banks support loans of up to 70% of the apartment value, with principal grace and 0% interest support for 24 months.

Please note: information circulating that buyers "only pay 70% until handover" has not been confirmed by any official source and is most likely a misreading of the bank's 70% loan-to-value ratio - buyers should check the developer's official sales policy sheet for each phase directly.

On the legal side, C-Holdings has completed its financial obligations for land use fees (confirmed by the Binh Duong tax authority on 12 May 2025), and the Binh Duong Department of Construction issued document No.

2034/SXD-QLN dated 13 May 2025 regarding capital mobilisation through the sale of off-plan housing. On 3 March 2026, the project was added by the Ho Chi Minh City People's Committee to the list of housing projects permitted for sale to foreign organisations and individuals under Official Letter No.

1476/UBND-DT (which brought the total to 117 projects at that time; the list has since continued to expand). On construction progress, as of July 2026 the building had reached around the 20th floor, topping out is expected in September 2026, and handover is scheduled for Q2 2027.

Some distribution websites still quote handover in Q4 2026 or Q1 2026 - this is outdated information and no longer consistent with actual construction progress.

About the developer. C-Holdings is a real estate company chaired by Mr. Nguyen Quoc Cuong, who serves as both Chairman of the Board and CEO, with a development focus on the former Binh Duong area.

Before The Felix, C-Holdings delivered two apartment projects in the Thu Dau Mot area - C-Sky View and The Maison - with The Maison topping out on 20 April 2024.

These provide a useful reference point when assessing the developer's execution capability, though buyers should still verify actual construction progress and inspect original legal documents before committing funds.

Who is it for? The Felix targets genuine end-users with moderate budgets: young couples, engineers and workers employed in the Thuan An - VSIP industrial parks or the Thu Duc area, who want to own an apartment in the VND 1.6 - 2.5 billion range while retaining good access to central Ho Chi Minh City.

For investors, the project suits a long-term rental strategy supported by the existing pool of specialist tenants in the area, rather than short-term speculation.

For foreign buyers, the project's inclusion on the list approved for sale to foreigners is a necessary condition, but the remaining 30% quota for each tower must be checked at the time of transaction.

Happy Land provides the official developer price list, the remaining inventory by tower and by floor, along with discount policies, payment schemes and bank loan support updated monthly.

Please contact us to receive the detailed price list, compare specific units, and arrange a visit to the show unit and the actual construction site.