Empire City Thu Thiem

A 14.5-ha riverside township in Thu Thiem with Linden, Tilia and Cove already lived in, Narra under way and the 88-storey Empire 88 Tower planned by Ole Scheeren.

Thu Thiem skyline along the Saigon River
Developer
Keppel Land, Gaw Capital, Tien Phuoc and Tran Thai
Status
Now selling
Address
Sub-zone 2B, Mai Chi Tho Ave., An Khanh Ward (Thu Thiem), Ho Chi Minh City
Total area
About 14.5 ha
Towers
11
Handover
Linden, Tilia and Cove completed; Narra under construction
Ownership
Long-term for Vietnamese, 50 years for foreigners (within quota)

Updated

Amenities

  • Saigon River frontage
  • Sky gardens and pools
  • Riverside eco-park
  • Retail podium
  • CBRE property management
  • Planned Empire 88 Tower

Empire City is a 14.5-hectare mixed-use development in sub-zone 2B of the Thu Thiem new urban area, stretching from Mai Chi Tho Avenue to the Saigon River opposite the old District 1. It is planned as 11 towers, including the 88-storey Empire 88 Tower designed by Ole Scheeren. Three residential phases – Linden Residences, Tilia Residences and Cove Residences – are finished and lived in, while Narra Residences is under construction. In 2026 Keppel announced it would sell its stake in the project for about 270 million USD, with the deal expected to close in the fourth quarter of 2026.

Apartments for sale in Empire City Thu Thiem

Apartment sale market snapshot: Empire City Thu Thiem (November 2026)
Active listings1
Price range18 billion VND
Median price18 billion VND
Median price per m²193.5 million VND/m²
Area range93 m²

Apartments for rent in Empire City Thu Thiem

Apartment rental market snapshot: Empire City Thu Thiem (November 2026)
Active listings1
Price range28 million VND/month
Median price28 million VND/month
Area range91 m²

Quick facts

DevelopersKeppel Land, Gaw Capital, Tien Phuoc and Tran Thai
LocationSub-zone 2B, Mai Chi Tho Ave., An Khanh Ward (Thu Thiem), HCMC
SiteAbout 14.5 ha on the Saigon River
Towers11 planned, incl. Empire 88 Tower
Completed phasesLinden (510 units), Tilia (472), Cove (136)
Under constructionNarra Residences (278 units)
ManagementCBRE
OwnershipLong-term (Vietnamese), 50 years (foreigners)

Who is behind Empire City Thu Thiem

Empire City was launched by a consortium led by Singapore’s Keppel Land with Gaw Capital and local partners Tien Phuoc and Tran Thai. Keppel’s planned exit in 2026 does not change the existing owners’ rights, but buyers of future phases should keep an eye on who leads the development after the transfer. Reports in 2026 also mentioned a plan to raise the total number of homes from about 2,831 to 3,787.

Location: Thu Thiem riverfront

Empire City has one of the best positions in Thu Thiem: a long stretch of Saigon River frontage facing the old District 1, with the Thu Thiem tunnel, the Thu Thiem bridge and the new Ba Son bridge all close by. The Metropole Thu Thiem and Sala are neighbours, and the planned Thu Thiem central square and riverside park are next door.

District 1 is a few minutes’ drive through the tunnel or over the bridges, while Thao Dien, Landmark 81 and the Vincom Mega Mall in Thao Dien are within 10–15 minutes.

Thu Thiem bridge over the Saigon River
The Thu Thiem bridge, one of several links between Thu Thiem and the old District 1. Photo: Cécile Patry-Morel / Wikimedia Commons, CC BY-SA 4.0

Master plan and amenities

The residential phases are linked by gardens and amenity decks, with the 88-storey tower and commercial space planned for the centre of the site:

  • Saigon River frontage and riverside eco-park
  • Pools, sky gardens and skypods
  • Gyms and residents’ lounges
  • Retail space in the podiums
  • CBRE property management
  • Planned Empire 88 Tower with hotel, offices and observation levels

Apartment types

Linden and Tilia offer one- to four-bedroom apartments, duplexes and penthouses, while Cove is a smaller, luxury tower with large river-facing units. Narra Residences focuses on larger family units; four-bedroom units of around 166 m² have been offered for resale.

Prices and buying

Empire City is firmly in the luxury segment. In 2026 resale asking prices included three-bedroom Cove units of about 183 m² at 60–72 billion VND and Narra four-bedroom units of 166 m² at around 60–61 billion VND, while penthouses of 300–400 m² were listed anywhere from 55 to over 300 billion VND.

The completed phases are still waiting for pink books, according to 2025 reports, so check the status of the certificate for the specific unit and how the transfer will be handled.

The project is commercial housing. Linden, Tilia and Cove have been completed and handed over, with certificates in progress as of mid-2025; Narra is still being built. Foreigners can buy within the quota per building for 50 years.

Renting at Empire City Thu Thiem

Empire City is popular with expatriate tenants who want river views and a short trip to District 1. In 2026 rents ranged from roughly 25 to 130 million VND a month depending on size and tower, and rents rose noticeably over the previous year.

Pros and cons

Pros

  • Prime Saigon River frontage facing District 1
  • Completed, well-managed towers you can visit now
  • Strong rental demand from expatriates
  • Part of the Thu Thiem core with major public spaces planned

Cons

  • Very high prices per m²
  • Pink books for completed towers still pending as of 2025
  • Change of lead developer under way

Who it suits

Empire City suits buyers who want a finished luxury apartment on the Thu Thiem riverfront today, and landlords targeting senior expatriate tenants. Those buying into future phases should wait for clarity on the new ownership structure.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Tien Phong – Keppel stake sale, Thu Vien Nha Dat – legal update, Rental listings on Batdongsan. Prices, handover dates and rental terms change often – always confirm the current details with the developer or a licensed agent before you commit.

Frequently asked questions

Who developed Empire City Thu Thiem?

A consortium of Keppel Land, Gaw Capital, Tien Phuoc and Tran Thai. Keppel announced the sale of its stake in 2026.

Which Empire City towers are finished?

Linden Residences, Tilia Residences and Cove Residences have been completed and handed over.

What is Empire 88 Tower?

A planned 88-storey mixed-use tower designed by Ole Scheeren at the centre of the site.

How much is rent at Empire City?

Roughly 25–130 million VND a month in 2026, depending on size and tower.

Do Empire City apartments have pink books?

As of mid-2025, certificates for the completed towers were still being processed.

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