Empire City Viet Nam

What Empire City Viet Nam does

Empire City is a luxury residential real estate development located in Functional Area No. 2 of Thu Thiem New Urban Area, District 2 (now part of Thu Duc City), Ho Chi Minh City, Vietnam. The project spans 14.5 hectares and is being developed by Imperial City Joint Venture Company Limited, a private joint venture entity. The development comprises approximately 3,000 apartment units across five sub-projects: Linden Residences (510 units, average 130 million VND/m²), Tilia Residences (472 units, 140 million VND/m²), Cove Residences (136 units, 190 million VND/m²), Narra Residences (238 units, 180 million VND/m²), and The Skyline commercial precinct (300 units, expected 230 million VND/m²). Linden, Tilia, and Cove have been completed and handed over; Narra is under construction; The Skyline is slated for upcoming sale. The project features modern amenities including infinity pools, gyms, BBQ areas, and children's playgrounds, with direct river views of the Saigon River and District 1 skyline.

The company monetizes through two primary streams: one-time sales of residential apartment units and recurring rental income from leasing. Sale prices range from approximately 6 billion VND for entry-level 1-bedroom units up to 201 billion VND (~USD 8.6 million) for premium Penthouse units. Rental prices range from 23-80 million VND per month or USD 1,200-6,000 per month depending on unit type. Distribution operates through a direct sales office at Sala Urban Area supplemented by channel partnerships with DN Realty (which also holds the website copyright) and ERA AntPlus real estate agencies. The target customer segment is affluent Vietnamese and international buyers seeking primary residences, investment properties, or rental income opportunities in HCMC's designated new central business district. No proprietary technology, software platform, or AI/ML capabilities are evidenced; the offering is fundamentally a physical real estate asset.

Name

Empire City Viet Nam

Legal name

Imperial City Joint Venture Company Limited

Website

https://empirecity.vip

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Empire City Viet Nam is a luxury residential real estate development spanning 14.5 hectares in Thu Thiem New Urban Area, Ho Chi Minh City. Developed by Imperial City Joint Venture Company Limited, it comprises approximately 3,000 premium apartment units across five sub-projects targeting affluent individual buyers and investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Marketing or Sales, Personnel

Revenue model

1. Property Sales: One-time sales of residential apartment units across multiple sub-projects (Linden, Tilia, Cove, Narra Residences). Units range from 1-5 bedrooms, Duplex, and Penthouse configurations.
2. Property Rentals: Recurring rental income from leasing available apartments to tenants. Rental prices quoted in VND or USD depending on unit type and term.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Empire City is a luxury urban residential development project in Thu Thiem New Urban Area, District 2, Ho Chi Minh City, Vietnam, spanning 14.5 hectares with approximately 3,000 apartment units across five subdivisions (Linden, Tilia, Cove, Narra Residences, and The Skyline). Developed by Imperial City Joint Venture Company Limited, it sells and leases premium 1-5 bedroom apartments, Duplexes, and Penthouses to affluent individual buyers and tenants, with direct river views of the Saigon River and District 1 skyline. Pricing ranges from 6 billion VND for entry-level 1BR units up to 201 billion VND for Penthouse units.

Product overview

Empire City is a single luxury urban residential development project located in Thu Thiem New Urban Area, District 2, Ho Chi Minh City. The project consists of five main subdivisions: Linden Residences (510 units), Tilia Residences (472 units), Cove Residences (136 units), Narra Residences (238 units), and The Skyline commercial sector (300 units), totaling approximately 3000 apartment units across 14.5 hectares.

Differentiator

Problem solved

Functional benefit

Brands

• Linden Residences: Premium apartment building with 510 units, 37% building density. Average price 130 million VND/m2. Status: Houses received.
• Tilia Residences
• Cove Residences
• Narra Residences
• The Skyline

Products and services

• Linden Residences Premium apartment building within Empire City featuring 510 units with 37% building density, average price 130 million VND per square meter. Status: Houses received. Includes 1-3 bedroom configurations marketed to affluent buyers and tenants.
• Tilia Residences Premium apartment building within Empire City with 472 units and 40% building density, average price 140 million VND per square meter. Features modern amenities including pools and playgrounds. Status: Houses received.
• Cove Residences Luxury apartment building within Empire City with 136 units positioned as the most premium sub-brand closest to the Saigon River, average price 190 million VND per square meter. Features infinity pool, private elevator, and direct river views. Status: Houses received.
• Narra Residences Premium apartment building within Empire City with 238 units and 35% building density, average price 180 million VND per square meter. Status: Under construction.
• The Skyline Commercial precinct within Empire City featuring 300 luxury apartments with 30% building density, expected price 230 million VND per square meter. Status: Coming soon for sale.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• DN RealtycoreChannel Partner/ Reseller/ DistributorAuthorized real estate agency partner handling sales, rentals, and property management for Empire City. Provides sales staff and customer service at project location.
• ERA AntPluscoreChannel Partner/ Reseller/ DistributorReal estate agency representing Empire City project with dedicated sales office and hotline services.
• Imperial City Joint Venture Company LimitedcoreOthersJoint venture company responsible for developing and investing in Empire City project. The primary developer entity.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Regional players

• CapitaLand Development (Vietnam): Singapore-based developer of premium residential projects in HCMC, including heritage and luxury developments. Comparable in luxury product positioning and Singaporean capital backing, but with a regional rather than purely domestic footprint.
• Mapletree Investments (One Verandah): Singapore-based investor-developer of One Verandah and other HCMC luxury projects. Comparable premium condominium product in HCMC, but Singapore-domiciled parent gives it a regional profile.
• Dat Xanh Group: Vietnamese real estate developer and brokerage active across HCMC and other provinces, with mid-to-high-end projects. Comparable in being a Vietnam-based property company with HCMC exposure, but typically operates at lower price points and with broader geographic spread.
• Keppel Land (Vietnam): Singapore-based developer with luxury residential projects in HCMC (e.g., Estella, The Estella Heights). Comparable product type and HNW buyer target, but headquartered and capitalised in Singapore, so a regional rather than domestic peer.

Direct peers

• Vinhomes (Vinhomes JSC): Vietnam's largest master-planned luxury residential developer, with flagship projects such as Vinhomes Ocean Park and Vinhomes Grand Park. Directly comparable as a large-scale, multi-phase, premium-priced Vietnamese residential developer with a recurring rental and services ecosystem.
• Masterise Homes (Lumiere Riverside): Developer of Lumiere Riverside and other luxury HCMC projects in District 2, directly competing in the same Thu Thiem/District 2 luxury condominium segment with comparable pricing tiers and target buyer profile.
• Sun Group (Sunshine Group): Vietnamese developer of premium and luxury residential projects across HCMC and Danang. Comparable as a multi-project luxury residential developer serving affluent Vietnamese buyers, with overlapping pricing tiers.
• The Marq (Hongkong Land + Hoa Binh): Ultra-luxury residential tower in District 1, HCMC, developed by Hongkong Land and Hoa Binh. Closely comparable in product type (high-end condominium), target buyer (HNW Vietnamese and expats), and central HCMC positioning.
• Novaland Investment Group: One of Vietnam's largest real estate developers, with multiple luxury and mid-high residential projects in HCMC, including properties in District 2. Directly comparable on product mix and HCMC-centric luxury focus, though currently facing refinancing stress.
• Phu My Hung Development Corporation: Master developer of the Phu My Hung urban area in District 7, HCMC, a comparable large-scale, phased, premium residential development in HCMC with mixed-use planning and international positioning.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xfacebook.com/empirecitydnrealty
• YouTubeyoutube.com/watch?v=sXNlcyd0y1I
• Facebookfacebook.com/empirecitydnrealty
• LinkedInlinkedin.com/company/empire-city-viet-nam

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Empire City Viet Nam