The First In VietNam

Monrei Saigon:
The First Water - Hydrotheraphy City
In VietNam

In-Depth Project Analysis from A to Z
Overall Rating
8.5 / 10
8.5 / 10
Average Score Across 8 Criteria
Legal
8.7
Location
7.6
Developer
9.2
Construction Progress
8.8
Design
9.2
Overall Rating
8.5 / 10
8.5 / 10
Average Score Across 8 Criteria
Legal
8.7
Location
7.6
Developer
9.2
Construction Progress
8.8
Design
9.2
KEY DIFFERENTIATORS

3 outstanding advantages of Monrei Saigon

A distinctive living statement built to apanese standards in the heart of former Binh Duong. One asset - one icon - one source of pride.
01
🏛️

A unique concept

A Japanese-standard Water & ydrotherapy City that heals and rejuvenates the body every day.

Highlight
02
🏢

Japan’s No.1 developer

Mitsubishi Corporation, with over 70 years of global urban development, develops a real-estate project under its own name in Vietnam for the first time.

03
⚖️

Solid legal standing

Transparent, complete documentation - built to standard and on schedule.

Fact sheet

Project Overview

A passion project of Mitsubishi Corporationn
Expected sales launch in June 2026
Trung tâm Thuận Giao, HCM

Liền kề Metro số 1 & 2, vành đai 3

Key Information
Project name
Monrei Saigon
Location
Nguyen Thi Minh Khai, Thuan Giao, Ho Chi Minh City
Developer
Joint venture: Mitsubishi Corporation (56%) - Tokyu Land (24%) - Phat Dat Corporation (20%)
Scale
4.6 ha - 3 towers - 2,717 apartments
Product types
Studio, 1-3 bedroom, garden house, shophouse
Legal
Long-term ownership certificate (pink book)
Handover
QI/2028
DETAILED SCORING

8 PILLARS

Each pillar is analysed independently with clear data sources, on a 100-point basis.
⚖️
Very Good
Legal
13 / 15
Transparent legal records, complete paperwork
🏢
Excellent
Developer
11 / 12
International experience, global reputation.
📅
Very Good
Progress
10.5 / 12
On plan; needs close monitoring.
📍
Good
Location
11.5 / 15
On plan; needs close monitoring.
🏗️
Excellent
Project
11 / 12
Sensible design, good materials, premium operation.
🌳
Excellent
Amenities
11 / 12
Unique, healing, multi-experience
💰
Good
Financials
9.0 / 12
Higher price vs. the market; flexible policy.
📊
Very Good
Liquidity
8.0 / 10
Unique product, premium buyer profile.

Khám phá Monrei Saigon trong 90s

Video Tổng Quan & Đầy Cảm Xúc
Key Details

In-depth Information

The 6 most important details of the project
📍Apartment - Made By Japan
Developer & International Partners
The first project in Vietnam to carry the Mitsubishi Corporation brand
Lead developer

Mitsubishi Corporation — a leading Japanese brand with more than 150 years of history

In joint venture with

Tokyu Land Corporation: one of Japan’s largest urban-renewal & TOD groups.
Phat Dat Corporation: a Top 10 reputable Vietnamese developer for 6 consecutive years.

Construction

Centralcons — one of Vietnam’s leading contractors, trusted on many large-scale projects for its construction capability, quality management and schedule control.

Operations management

CBRE

📍 Thuan Giao, Ho Chi Minh City
Location — At the Heart of Connectivity
Strategically located in the heart of the former Binh Duong Province, at the intersection of Nguyen Thi Minh Khai Street, National Highway 13, and Ring Road 3, within Thuan Giao Ward, Ho Chi Minh City.
Excellent Connectivity

Positioned along major transportation corridors, offering convenient access to Ho Chi Minh City Center (30 minutes), Tan Son Nhat International Airport (40 minutes), and Long Thanh International Airport (40 minutes)

Connected to Metro Lines 1 & 2

5-minute walk to Metro Line 2 Station (C6)
5-minute motorbike ride to Metro Line 1 Station (S8)

Premium Amenities Nearby

Within a 2-kilometer radius, residents enjoy easy access to a full range of lifestyle amenities, including AEON Mall, MM Mega Market, international hospitals, golf courses, and international schools.

At the Heart of a High-Tech Industrial Hub

Located in Vietnam's leading industrial center, with seamless connectivity to five major industrial parks across Binh Duong within a radius of 5–25 km.

📍 The HydroTherapy City - Vietnam Record Holder
HydroTherapy City
Spanning over 2 hectares, the amenity landscape is thoughtfully crafted around five experiential zones and four core design pillars, where Japanese architectural philosophy harmoniously blends with the vibrant rhythm of Saigon living.
Water Resort In Home

Featuring 6,500 sqm of water-inspired amenities — equivalent to 65 swimming pools and 88 meters of lazy river — bringing a true resort experience to everyday life.

HydroTherapy Treatment

Inspired by centuries of Japanese hydrotherapy traditions, from restorative Onsen hot springs and detoxifying mineral baths to Aquatonic hydro-massage therapy, designed to rejuvenate the body, balance the mind, and restore overall well-being.

Luxury Compound Resort

A grand 9-meter-high arrival lobby, a breezy Sky Pool on the 20th floor, a rooftop Sky Garden overlooking the city skyline, and a four-layer security system come together to create an exclusive, private, and elevated living environment.

IKIGAI Community

Inspired by the Japanese philosophy of Ikigai — “a reason for being” — Monrei nurtures a harmonious community where residents enjoy a balanced lifestyle, inner well-being, and a peaceful retreat amidst the urban landscape.

📍 Tòa Onsen - Mở Bán Đợt 1
Luxury Compound Resort
Monrei Saigon spans 4.46 hectares and comprises three residential towers: Wellness Onsen Tower, Detox 1 Tower, and Detox 2 Tower.
Project Specifications

Wellness Onsen Tower 36 residential floors + 3 basement levels: 1,106 apartments and 9 shophouses
Detox 1 & Detox 2 Towers: 39 residential floors + 3 basement levels: 825 apartments and 753 apartments respectively

Apartment Types

Studio (34–38 sqm): 21%; 2-Bedroom + 1 WC (51–55 sqm): 42%; 2-Bedroom + 2 WC (64–66 sqm): 31%; 3-Bedroom (88 sqm): 5%.

Typical Floor Plan

Approximately 34 units per floor 14 passenger elevators and 2 service elevators
Average density: 69 units per tower floor

Handover Standard

Apartments will be delivered fully fitted with premium interior finishes. Register to receive the detailed handover specification package.

Mặt Bằng Chi Tiết Tòa M1 (Onsen)

📍 Fully Approved – Ready for SPA Signing
Complete Legal Documentation
Monrei Saigon offers a fully established legal framework, providing long-term ownership rights and comprehensive project documentation for buyers' peace of mind.
Construction Permit

The Wellness Onsen Tower and Detox 1 Tower have completed foundation works and basement construction, and are currently under structural construction.

Sales Approval

Officially approved for sale in accordance with Vietnamese regulations.

Sales & Purchase Agreement (SPA)

Buyers may sign the SPA upon payment of 15% of the purchase value.

Bank Guarantee

The project is backed by construction progress guarantees and financing support from leading Vietnamese banks, including Vietcombank, BIDV, and MB Bank.

📍 Prices in Phase 1 from 45 million/sqm
Phase 1 Launch Pricing
Only from 40-45 million VND/sqm
Studio Apartment - 1BR

Prices form 1,58 billion VND per unit

2 Bedroom Apartment

2BR + 1WC: Prices from 1,98 billion VND per unit
2BR + 2WC: Prices from 2,52 billion VND per unit

3 Bedroom Apartment

Prices from 3,95 billion VND per unit

Sales policy for phase 1

- Bank financing available: Pay 15% until handover.
- Standard payment: approximately 2.2% paid each month
- Early payment plan: 50% until handover.

Lifestyle · Amenities

An Elevated Living Experience

A unique 2-hectare internal amenity system with biophilic design across 5 landscape layers.
🏊 6,500 m² of swimmable water surface
🛋️ Hydrotherapy pool
💪 Lazy river and pedestrian bridge
🏠 Luxurious show units
🌳 Elegant 9-metre double-height lobby
APARTMENT TYPES

Which type are you interested in?

Monrei Saigon offers 5+ types. Select one to receive details on size, floor plan and an estimated price.
Studio
34 – 38 m²
2 BR + WC
51 – 55 m²
2 BR + 2WC
64 - 66 m²
3 BR + 2WC
88m2
Garden House
Private Garden
🔒 Your details are used only to send the floor plan & price of your.
Pros & Cons Analysis

Strengths & Limitations

Every project has its strengths and limitations. This two-sided perspective provides additional insights to help you make a more informed decision.
Advantaged
Standout pluses
A chance to own an apartment from Japan’s No.1 developer from just VND 2 billion.
Reputable developer - clear legal status

The project has solid legal documentation; sign the sale & purchase agreement right away

Unique design - a new living standard

A Japanese-standard Water & Hydrotherapy City. Amenities, services and the resident community are crafted with meticulous, refined care.

Attractive first-phase pricing

One of the first 3 towers will be released in June 2026. Prices from just VND 2 billion per unit, with many first-phase incentives.

Easy payment - accessible ownership

A diverse range of units from 35 - 88 m².
Comfortable payment schedules of 2 - 5 years.

Checklist
Points to consider
Key considerations before investing
Liquidity

Binh Duong is growing rapidly with many projects under way; some are priced lower.

Location

The project is fairly far from the centre, but travel is convenient and infrastructure is being heavily invested in (metro, ring roads). It is not on a major road frontage; the entrance is charming and secluded.

High monthly operating fees

The apartments are operated to resort standards, so monthly management fees are higher than usual.

Rental potential

Rental performance will depend on the tenant pool, handover quality and the developer’s actual operations.

Lifestyle · Design

Premium Design

Every apartment and every small corner of the project is meticulously crafted — optimised and functional.
🏊 Elegant Facade
🛋️ Elevator Lobby
💪 Reception Lounge
🏠 Family Dinning Room
🌳 Inhouse Gym
ACTUAL CONSTRUCTION PROGRESS

Monrei Saigon construction update

On-site photos updated monthly
30%
Overall progress
2/3
Towers with completed foundations
The Onsen tower is building the 6th floor
Q1/28
Expected handover
The first tower
Q1/29
Expected handover
Whole project
06/2025
Completed
Groundbreaking & Foundation Piling
12/2025
Completed
Basement foundations completed
03/2026
Completed
Structural works up to the 3rd floor
05/2026
in progress
Structural works up to the 6th floor
3/2027
upcoming
Topping out
Q4/2027
upcoming
Apartment handover

Site photos

May 2026 update
📅 05/2026
Construction Overview
2 of 3 Towers: Foundation & 3 Basement Levels Completed
M1 Onsen Tower · 30%
Building the 9th floor
M2 Tower · 15%
Foundations just completed
M3 Tower
Basement foundations under construction
Sale Gallery
Ready to welcome visitors
Independent Review · 2026
Monrei
Saigon
Vol. 01 · Vietnam Edition
Detailed analysis
📄
Monrei_Review_2026.pdf

28 trang · 4.2 MB

Exclusive document · free

The Monrei Saigon Review

Compiled from field analysis, market data and professional assessment. This is not a marketing brochure.
01
Overview report & scoring across 8 criteria
02
A 27-point inspection checklist
03
Floor plans & apartment design
04
Actual progress & a draft payment schedule
🔒 The document will reach you within 30 seconds · No spam · Unsubscribe anytime.
FAQ

Frequently Answered Questions

You can be fully confident in the legal status of Monrei Saigon.

The project is being developed in full compliance with applicable regulations, and buyers are expected to sign the official Sales & Purchase Agreement (SPA) during the sales launch period.

Key legal highlights include:

  • Long-term ownership rights for Vietnamese buyers.
  • Developed by a joint venture involving Mitsubishi Corporation, one of Japan’s leading multinational conglomerates.
  • Master-planned and operated in accordance with Japanese urban development standards.
  • Transparent legal documentation, catering to homebuyers, investors, and long-term wealth preservation strategies.

Absolutely.

Monrei Saigon is backed by Mitsubishi Corporation, one of Japan’s most respected corporations with a long-standing global presence and extensive experience across multiple industries.

Japanese developers, particularly Mitsubishi, are widely recognized for:

  • Rigorous development standards.
  • Strong emphasis on construction quality and long-term operations.
  • Thoughtful master planning focused on real-life living experiences.
  • Transparency throughout the development process.
  • Commitment to sustainable value creation rather than short-term gains.

This is why developments carrying the “Made in Japan” philosophy continue to attract discerning buyers, overseas Vietnamese, and long-term investors.

The project is currently under active construction by Central:

  • Onsen Tower (First Launch Tower): Currently under structural construction up to Level 5.
  • Detox 1 Tower: Foundation works and all three basement levels have been completed.
  • Detox 2 Tower: Basement construction is currently underway.

Monrei Saigon offers highly flexible payment plans, allowing buyers to manage their cash flow with ease:

  • Bank Financing Program: Pay only 15% of the apartment value until handover, with interest support until handover and a principal repayment grace period of up to 60 months.
  • Standard 18-Month Payment Plan: Extended payment schedule designed to reduce financial pressure throughout the ownership journey.
  • Early Payment Plan: Ideal for buyers with readily available capital, helping maximize investment efficiency.

With attractive launch pricing, a low initial payment, and comprehensive financial support from the developer, Monrei Saigon presents an opportunity to own a premium Japanese-inspired residence with a distinctive concept while significantly optimizing cash flow requirements.

Expected Handover of the First Tower: Q1 2028

Expected Full Project Handover: Q4 2028

Monrei Saigon offers an attractive financing program for buyers who choose bank financing, making homeownership more accessible while optimizing cash flow.

Pay Only 15% Until Handover
  • Reservation deposit: VND 50 million
  • Upon signing the Sales & Purchase Agreement (SPA): 15% payment
  • The remaining balance is financed by the partner bank, subject to applicable lending policies.
Interest Support Until Handover

Buyers benefit from interest support until handover, significantly reducing financial pressure during the initial ownership period.

Principal Repayment Grace Period of Up to 60 Months

No principal repayments are required during the grace period, subject to the prevailing financing program.

Cash Flow-Friendly Payment Schedule

  • Only an additional 5% payable upon handover.
  • The final 5% payable upon issuance of the Ownership Certificate (Pink Book).

With this financing structure, buyers can secure a premium residence at Monrei Saigon with relatively low upfront capital, while leveraging financial resources to maximize investment returns or plan for future homeownership.

Monrei Saigon offers strong rental potential thanks to its strategic location at the heart of one of the most dynamic industrial and service hubs in Northeast Ho Chi Minh City, home to major industrial parks such as VSIP 1, Viet Huong Industrial Park, and Dong An Industrial Park, where tens of thousands of foreign experts, engineers, and senior executives work and reside.

  • Rental yields in the area can reach up to 7.5% per annum, among the highest in Vietnam.
  • The project benefits from a large and stable tenant pool, primarily consisting of foreign professionals, senior managers, and engineers employed in nearby industrial zones.
  • Developed by the joint venture of Mitsubishi Corporation, Tokyu Land, and Phat Dat, Monrei Saigon brings Japanese-quality living standards that are well suited to the expectations of high-income tenants.
  • The project also offers strong long-term capital appreciation potential, supported by continuous infrastructure investment, rapid urbanization, and the increasing scarcity of centrally located land in the area.

Yes. This is widely considered one of the most favorable stages to purchase at Monrei Saigon, thanks to attractive launch pricing and exclusive early-buyer incentives.

The project’s risk profile remains relatively low, with construction progressing on schedule, legal procedures advancing as planned, and official Sales & Purchase Agreements (SPA) available for buyers. Furthermore, the development is backed by Mitsubishi Corporation, one of Japan’s most respected corporations, providing additional confidence in construction quality and long-term project delivery.

Buyers who wait for future release phases may benefit from a wider selection of premium units; however, prices are expected to be higher than those currently available.

CONTACT FOR CONSULTATION

Still unsure? Let a specialist answer your questions one-on-one.

Leave your details and our advisory team will contact you within 30 minutes, providing full documentation plus guidance on choosing a unit for your specific needs.
Hotline

0924 72 7777

Email

info@saigonmonrei.vn

Working hours

7:00 AM – 10:00 PM (Mon – Sun)

Response time

Within 30 minutes

Sale Gallery

Mega Market, Song Hanh Road, An Phu, Ho Chi Minh City

Project address

39 Nguyen Thi Minh Khai, Thuan Giao, Ho Chi Minh City

Submit your details for consultation

Our specialists will contact you right away
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