Connectivity on par with the east
Ring Road 3 and 4, the HCMC – Mộc Bài expressway, the widened NH22 and Metro Line 2 all serve this corridor.
Mỹ Hạnh · Tây Ninh · Bordering Ho Chi Minh City
The Ori Space
THE CREATIVE CITY
Live · Create · Connect · Grow
The first freehold apartment address in Mỹ Hạnh designed for a generation that lives, works and runs a business from home. Where ideas turn into income.
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- Site area
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- Units · 3 towers
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- Tower O, first release
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- Creative amenities
Project overview
One address for both your life and your career
Tower O is the first of three towers to be released, with a unit mix sized for young professionals and young families.
- Developer
- Phương Mai Long An Joint Stock Company
- Location
- Gò Hưu street, Mỹ Hạnh, Tây Ninh
- Site area
- 1.76 ha · building density ~30%
- Total units
- 1,646 units (3 towers)
- Ownership
- Freehold (long-term)
- Sales agency
- BHS Miền Nam
- Handover
- Expected Q4/2028
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- Tower height
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- Total units in Tower O
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- Per floor
- 0 lifts
- Elevators
Tower O unit mix
| Type | Area (m²) | Units | Share |
|---|---|---|---|
| 1BR+ | 42.4 | 26 units | |
| 2BR | 49.8 – 56.1 | 312 units | |
| 3BR | 83.0 | 26 units | |
| Shophouse | 41.2 – 109.7 | 13 units |
Wall-centre areas. Every apartment has its own balcony — every bedroom has a window with natural light.
Market context
Western Ho Chi Minh City: from “waiting” to “moving”
From Q3/2026 infrastructure and master planning switch on together. Tây Ninh (former Long An) becomes the new economic buffer zone — the western gateway rather than a mere fringe.
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- Young, educated residents in the adjacent townships
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- Workers & specialists across 15 industrial parks in Mỹ Hạnh – Đức Hòa
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- Apartment price growth in Dĩ An – Thuận An, 2020–2026
- 0
- Apartment supply in former Long An — against 300,000 units in the HCMC core
Infrastructure leads the breakout
- From Q3/2026
Ground breaks
- HCMC – Mộc Bài expressway starts
- Ring Road 4 starts
- National Highway 22 widened to 10 lanes
- Nguyễn Văn Bứa widened to 6 lanes
- 2027 – 2028
Backbone completed
- Ring Road 3 completed
- Bến Lức – Long Thành expressway
- Nguyễn Văn Bứa widening
- 2029 – 2030
Value harvest
- HCMC – Mộc Bài expressway
- NH22 widening · Ring Road 4
- Metro Line 2 Bến Thành – Tham Lương
- Tây Bắc road · Võ Văn Kiệt extension
Apartments in former Long An still sell at VND 30–45 million/m², while former Bình Dương is already at 40–70 and the HCMC core at 80–100+ million/m². The gap on the western fringe remains wide.
Location & connectivity
The first touchpoint of the western wave
The Ori Space sits on Gò Hưu street in Mỹ Hạnh, Tây Ninh — the closest point to Ho Chi Minh City along the western corridor.
Via the DT824 – Nguyễn Văn Bứa axes the project connects to:
- 5–10 min Xuyên Á industrial park, Mỹ Hạnh Nam market
- 10–20 min Hóc Môn township, healthcare & schools
- 25–30 min Bình Tân, Bình Chánh districts
- 35–45 min Tân Sơn Nhất international airport
- 50–60 min Downtown HCMC — Bến Thành market
Huge owner-occupier demand
15 industrial parks and clusters in Mỹ Hạnh – Đức Hòa employ more than 150,000 workers and specialists, creating durable sale and rental demand.
A pioneer opportunity
Mỹ Hạnh has no established apartment market yet — this project sets the local price benchmark and living standard.
Concept
A creative city for the pioneer generation
More than a place to live. The Ori Space is built around four founding pillars that turn an apartment into the starting point of a creative career.
Live
A space that fully recharges you
Minimalist apartments that prioritise efficiency and flexible layouts. With a building density of only ~30%, the rest is given to greenery you can breathe in.
- A sunlit sofa corner
- A work nook that behaves like a studio
- Home as a quiet charging station
Create
A creative launchpad under your doorstep
The ground-level ecosystem is an unlimited creative office. Everywhere you look is a prompt.
- Creator Studio · Podcast Room
- Indoor & outdoor Livestream Studio
- Co-working & Zoom Booths
- Art Glass Walk
Connect
Creating value with the new centre
Directly plugged into western Saigon — one of the most dynamic growth poles, and a market gap ready to welcome millions of young people.
- Rooted in a busy trade network
- Access to the new creative-economy community
- Countless collaboration openings
Grow
An asset that compounds and pays you
Designed to live, work and trade at one address, turning the home into a place that directly generates cash flow.
- On-site commercial street
- A community of fellow creators
- Rental demand from 150,000+ specialists
The value of an apartment is measured by how many ideas are born in it each day.
Amenity ecosystem
35 amenities tailor-made for creators
From an outdoor Livestream Studio to a Zen garden — every square metre of amenity is designed as a real creative touchpoint.
01
Livestream Studio & short-video corners
The sharpest tools for a creative career: indoor and outdoor livestream studios, short-video corners and a neon check-in zone.
02
Co-working & networking downstairs
Outdoor work decks, community meeting rooms, a creators’ lounge and a workshop area — your office is one lift ride away.
03
Infinity pool & water-music plaza
An infinity pool, poolside café lounge, water-music plaza and light plaza for the community’s evenings.
04
A chain of themed gardens
The s.T.E.A.M idea garden, wisdom garden, art garden, organic vegetable garden, pet garden and Zen Garden — a biophilic flow throughout.
The Ori Creative Hub
The Ori Creative Hub
A large community facility: meeting rooms, a library and reading room, work areas, a networking lounge and a creative workshop — all in one.
- Community meeting room
- Library & reading room
- Work space
- Networking space
- Creative workshop
0 m²
- 1 Smart parcel lockers
- 5 On-site kindergarten
- 6 Signature entrance gate
- 7 Security checkpoint
- 18 Basement car park
- 22 Event plaza
- 23 Performance stage
- 25 Outdoor fitness area
- 26 “Million-view” check-in spot
- 30 Yoga & meditation deck
- 34 Art running track
Images are for illustration purposes only.
Master plan
One continuous creative strip
The whole site reads as a single sequence of experiences: from the signature gate, through the water-music plaza, to The Ori Creative Hub.
Overall amenity master plan — source: the developer’s sales rollout deck (in Vietnamese)
Units
Right-sized layouts, not one wasted square metre
A unit mix optimised for the housing needs and budgets of young buyers and young families.
- Every apartment has its own balcony
- Every bedroom has a window with natural light
- Flexible layouts that fit a home office
- 14 units per floor · 6 lifts
1BR+
42.4 m²
- Separate bedroom plus a flexible zone
- Suits singles and young couples
- A light-entry rental investment
2BR
49.8 – 56.1 m²
- The core product of Tower O
- Comfortable for a family of 3–4
- Private balcony, windows in both bedrooms
3BR
83.0 m²
- Limited to 26 units
- Suits multi-generation families
- Room to spare for a home studio
Layouts and wall-centre areas follow the design dossier; official figures are those in the sale and purchase agreement.
Prices & payment terms
Start from VND 150 million — receive your home two years later
Indicative (rumour-stage) prices excluding VAT, per the August 2026 sales rollout deck. Official prices and terms are announced at the launch event.
| Payment option | 1BR+ | 2BR | 3BR |
|---|---|---|---|
| List price – with loan (4-yr interest support) | 1.3 bil | 1.5 bil | 2.2 bil |
| Standard schedule | 1.2 bil | 1.4 bil | 2.1 bil |
| Early settlement 95% | 1.1 bil | 1.3 bil | 1.9 bil |
| Initial payment (10%) Excluding VAT | 130 mil | 150 mil | 220 mil |
Key points of the sales policy
- 10% to own the apartment From VND 150 million (2BR) your name is on the unit.
- 0% interest support Interest-free for up to 2 years — exactly the wait until handover.
- Fixed rate for 4 years 0% for the first 2 years, then a fixed 7.5% p.a. for 2 years after handover.
- Only 10% until handover The low-outlay package: keep your cash working until the keys arrive.
- 15% until handover From VND 225 million for a 2BR unit.
- 45% until handover Spread cash flow from just VND 3.7 million per month for a 2BR unit.
- 50% and move in From VND 750 million, with the remaining 50% deferred for 2 years after handover.
- Early-payment discounts Extra discounts for the 70% and 95% early settlement options.
Payment schedule by option
15 instalments spread through to the title certificate.
| Inst. | Share | Interval | 1BR+ | 2BR | 3BR |
|---|---|---|---|---|---|
| 1 | 10% | 10 days | 130 mil | 150 mil | 220 mil |
| 2 – 13 (12×) | 5% | 30 days | 65 mil/month | 75 mil/month | 110 mil/month |
| 14 | 25% | Handover | 325 mil | 375 mil | 550 mil |
| 15 | 5% | Title | 65 mil | 75 mil | 110 mil |
| Total | 100% | — | 1.3 bil | 1.5 bil | 2.2 bil |
Buyer 30% – bank 70%.
| Inst. | Buyer | Bank | Interval | 1BR+ | 2BR | 3BR |
|---|---|---|---|---|---|---|
| 1 | 10% | — | 10 days | 130 mil | 150 mil | 220 mil |
| 2 | 5% | 55% | 30 days | 65 mil | 75 mil | 110 mil |
| 3 | 15% | 10% | Handover | 195 mil | 225 mil | 330 mil |
| 4 | 5% | — | Title | — | — | — |
| Total | 30% | 70% | — | 390 mil | 450 mil | 660 mil |
The low-outlay package — only 10% until handover.
| Inst. | Buyer | Bank | Interval | 1BR+ | 2BR | 3BR |
|---|---|---|---|---|---|---|
| 1 | 10% | — | 10 days | 130 mil | 150 mil | 220 mil |
| 2 | — | 35% | 30 days | — | — | — |
| 3 | 20% | 30% | Handover | 260 mil | 300 mil | 440 mil |
| 4 | 5% | — | Title | — | — | — |
| Total | 30% | 70% | — | 390 mil | 450 mil | 660 mil |
Progress-linked — from just VND 3.7 million per month (2BR).
| Inst. | Share | Interval | 1BR+ | 2BR | 3BR |
|---|---|---|---|---|---|
| 1 | 10% | 10 days | 130 mil | 150 mil | 220 mil |
| 2 – 3 (2×) | 5% | 30 days | 65 mil/month | 75 mil/month | 110 mil/month |
| 4 – 15 (12×) | 0.25% | 30 days | 3.2 mil/month | 3.7 mil/month | 5.5 mil/month |
| 16 | 10% | 30 days | 130 mil | 150 mil | 220 mil |
| 17 – 24 (8×) | 0.25% | 30 days | 3.2 mil/month | 3.7 mil/month | 5.5 mil/month |
| 25 | 10% | 30 days | 130 mil | 150 mil | 220 mil |
| 26 | 50% | Handover | 650 mil | 750 mil | 1,100 mil |
| 27 | 5% | Title | 65 mil | 75 mil | 110 mil |
| Total | 100% | — | 1.3 bil | 1.5 bil | 2.2 bil |
VND 3,750,000 per month for a 2BR unit during the spread instalments.
Stretched across 48 months in line with construction progress.
| Inst. | Share | Interval | 1BR+ | 2BR | 3BR |
|---|---|---|---|---|---|
| 1 | 10% | 10 days | 130 mil | 150 mil | 220 mil |
| 2 – 3 | 5% | 30 days | 65 mil/month | 75 mil/month | 110 mil/month |
| 4 – 23 (20×) | 0.25% | 30 days | 3.2 mil/month | 3.7 mil/month | 5.5 mil/month |
| 24 | 25% | Handover | 325 mil | 375 mil | 550 mil |
| 25 – 34 (10×) | 0.25% | 30 days | 3.2 mil/month | 3.7 mil/month | 5.5 mil/month |
| 35 | 15% | 30 days | 195 mil | 225 mil | 330 mil |
| 36 – 45 (10×) | 0.25% | 30 days | 3.2 mil/month | 3.7 mil/month | 5.5 mil/month |
| 46 | 25% | 90 days | 325 mil | 375 mil | 550 mil |
| 47 | 5% | Title | 65 mil | 75 mil | 110 mil |
| Total | 100% · 48 months | — | 1.3 bil | 1.5 bil | 2.2 bil |
Mortgage terms
VietinBank – North Saigon branch (offer letter dated 12 Aug 2026)
- Purpose
- Financing the purchase of a commercial home at The Ori Space
- Loan-to-value
- Up to 70% of the collateral value (excluding the maintenance fund)
- Tenor
- Up to 35 years (the borrower must be no older than 70 at maturity)
- Interest rate
- 11% p.a. promotional for the first year; thereafter floating per the bank’s schedule (currently 12% p.a.)
- Principal grace period
- Up to 24 months
- Early repayment fee
- Years 1–2: 2.0% · years 3–4: 1.5% · years 4–5: 1.0% · from year 6: 0.5%
Prices and terms are indicative as at the August 2026 communication round, excluding VAT and the maintenance fund. Loan terms are decided by the bank on a case-by-case basis.
Developer
Phương Mai Long An Joint Stock Company
The developer has delivered a chain of residential and low-rise projects from Hanoi and Sơn La to Thái Bình and Đà Nẵng, and now pioneers at HCMC’s western gate.
Sales for The Ori Space are run by BHS Miền Nam, a large distributor in the southern market.
The ground-breaking ceremony was attended by senior and former senior officials; a Ministry of Construction and Tây Ninh province delegation has also inspected the site.
The Ori Garden was named “Most Liveable Project 2023”.
-
The Ori Garden
Đà Nẵng
- Scale
- 4.03 ha · 10 towers
- Type
- Social & commercial housing
- Units
- 3,358 units
-
Melorita Hòa Lạc
Hanoi
- Scale
- 1.8 ha
- Type
- Villas
- Units
- 41 units
-
Glory Downtown
Thái Bình city
- Scale
- 1.6 ha
- Type
- Shophouses
- Units
- 128 units
-
Glory Sol
Diêm Điền
- Scale
- 2.1 ha
- Type
- Townhouses
- Units
- 59 units
-
Mộc Châu Central Hill
Mộc Châu, Sơn La
- Scale
- 0.69 ha
- Type
- Townhouses
- Units
- 24 units
Upcoming projects
- Metro Grand Street (Hanoi) — 41 inner-city villas launching soon
- Three further projects in former Long An, around 5,000 apartments
- The nearest, in Đức Hòa, is in permitting and expected in 2027
Progress & timeline
From ground-breaking to launch day
The project is in its sales rollout phase; drone photography updated July 2026.
-
Ministry & province site visit
A delegation inspected the project on site.
-
July drone survey
Aerial photography recording construction across the site.
-
The Pioneer Day
Kick-off with the pioneering sales team.
-
Project kickoff
The market-wide communications campaign begins.
-
Sales gallery opening
On-site visits and face-to-face consultations begin.
-
Launch event
Official price list and sales policy announced.
-
Show unit opening
Show apartment tours and weekly sales events.
-
Expected handover
Keys handed over per the schedule in the sale and purchase agreement.
Site photography
Drone photography taken on 30 June 2026.
Legal
A transparent legal file
The foundational legal documents for the project and the developer have been issued.
- Decision 11353/QĐ dated 27 Jun 2025 Approval of the detailed master plan
- Decision 5154/QĐ dated 25 Sep 2025 Land-use conversion — Phương Mai JSC
- Document 818 — construction permit Basis for starting construction
- Business registration certificate Phương Mai Long An Joint Stock Company
- Document 1188 dated 30 Oct 2025 Tây Ninh Social Policy Bank — preferential credit programme
Copies of the legal file are provided during a site visit or on request.
Q & A
Frequently asked questions
Where exactly is The Ori Space, and is it inside Ho Chi Minh City?
The project is on Gò Hưu street in Mỹ Hạnh, Tây Ninh province (the former Long An area) — the closest point to Ho Chi Minh City along the western corridor. Bình Tân and Bình Chánh are 25–30 minutes away and downtown HCMC roughly 50–60 minutes via the DT824 – Nguyễn Văn Bứa axis.
Is ownership freehold or leasehold?
Apartments at The Ori Space are sold on a long-term (freehold) basis according to the project dossier.
How much do I need to start?
The initial 10% is VND 130 million for a 1BR+, VND 150 million for a 2BR and VND 220 million for a 3BR (excluding VAT). Under the spread option the following instalments are about VND 3.2–5.5 million a month depending on unit type.
How does the interest support work?
Two packages: 0% interest for 2 years, or a 4-year package with 0% for the first 2 years and a fixed 7.5% p.a. for the 2 years after handover.
Which bank finances the project?
VietinBank – North Saigon branch lends up to 70% of the collateral value for up to 35 years, with a principal grace period of up to 24 months. The promotional rate is 11% p.a. for the first year, floating thereafter.
When is handover?
Handover is expected in Q4 2028 according to the project dossier.
Which tower is on sale and how many units does it have?
Tower O is the first release: 27 floors, 377 apartments, 14 units per floor and 6 lifts. The whole project comprises 3 towers and 1,646 units.
Can foreigners buy here?
Under the Housing Law, foreign individuals may own apartments in Vietnam within a 30% cap of the units in each building. Please contact us to check the remaining foreign quota for the tower at the time of booking.
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