Overview About The Manhattan Glory
The Manhattan Glory is the landed-housing subdivision of Vinhomes Grand Park, the 271-hectare master-planned city on Nguyen Xien Street in Long Binh Ward (formerly District 9 and Thu Duc City), Ho Chi Minh City.
It offers detached villas, semi-detached villas, townhouses and shophouses in an Indochine architectural style, arranged around the Manhattan Glory light boulevard, a chain of internal parks and a marina area along the Tac River.
This is existing product rather than a first launch. The current stock is 11 homes: 6 sold directly by the developer and 5 available by taking over a purchase contract from a secondary investor.
Developer stock starts at roughly 21.27 billion VND in total (pre-tax price plus VAT plus maintenance fund) and runs up to about 71.55 billion VND for a villa land plot.
The five secondary-investor homes range from about 42.67 to 140.05 billion VND. All figures come from the developer’s indicative calculation sheets applied from 23 April 2026; the binding numbers are those in the documents signed between the developer and the buyer.
The single most important thing for an overseas buyer to understand is the handover standard. Homes here are handed over without interior finishing, under two schedules attached to the sale and purchase contract: a minimum standard for detached and semi-detached villas under 500 sqm of floor area, and a shell standard for townhouses, shophouses and villas above 500 sqm.
Under both, ceilings are unplastered, internal walls are unplastered, unpainted and have no room partitions at all, the staircase is not built (only an opening is left), the ground floor is filled with sand and earth rather than finished, and the water tank and septic tank are not built.
Electricity, water, drainage and telecoms are brought to a single point inside the plot boundary. Under the minimum standard, doors and windows are not installed at all — the openings are sealed with metal sheet and hiflex fabric, and the owner is responsible for replacing that covering when it deteriorates.
Interior fit-out must comply with the project’s approved design, and where the sales material or show house differs from the handover schedule, the handover schedule is the document with official legal force.
On foreign ownership, three things need to be kept separate. Under the Housing Law 2023, foreign individuals may own landed homes in commercial housing projects within limits set per residential area and per project, for up to 50 years with renewal — a different rule from the 30% cap that applies to apartment buildings.
However, the sales policies in force for this subdivision since 1 July 2026 expressly exclude foreign organisations and individuals from their scope, which means a separate arrangement has to be requested rather than buying under the published policy.
And in September 2026 a draft amendment was published that would stop foreign individuals owning villas and townhouses, with apartments unchanged; that text is still a draft and not in force.
The ownership form and term available to foreign buyers in this subdivision is not consistently confirmed in the documents we hold, so Happy Land verifies it unit by unit instead of stating a blanket answer.
Payment runs in six instalments: a fixed 500 million VND on the deposit agreement, then 15%, 15%, 20%, 25%, and a final 25% plus the full maintenance fund on the handover notice.
Buyers who do not take a bank loan and pay within 15 days of signing the contract on time receive a 9.0% discount on the base price for units whose first transaction document is signed between 23 April and 20 July 2026, with an indicative 7.5% afterwards.
Bank funding of up to 70% of the VAT-inclusive price is available with 0% interest support over 18, 24, 30, 36 or 60 months — note that the support is loaded into the base price, so longer terms cost more overall. The financing option is fixed at the deposit stage and cannot be changed later.
Happy Land provides the unit-level calculation sheet, the current stock list, and a side-by-side comparison of the fast-payment route against the subsidised-loan route.
