Urban Green

Urban Green is a riverside apartment compound in Hiep Binh Phuoc, Thu Duc – now Hiep Binh Ward – developed by Kusto Home for owner Ladona Properties. On about 2 hectares with building coverage of 32.3%, two 23-storey towers, The Aster and The Bliss, hold about 734 apartments, 37–38 shophouses and a handful of villas. Handover began in April 2025, and by March 2026 the first 200 pink books had been issued, with the rest targeted for the second quarter of 2026.

Quick facts

Who is behind Urban Green

Kusto Home is the developer behind Diamond Island in Thu Duc. Its strategy is to build a small number of projects to a high finish, and Urban Green’s fast certificate issuance has been held up as an example of that approach.

Location: Hiep Binh Phuoc, Thu Duc

The project is on Street No. 6 in Hiep Binh Phuoc, opposite the Van Phuc City urban area and close to the Saigon River. Upper floors on some sides look towards Landmark 81.

National Road 13 and Pham Van Dong Boulevard connect the area with Binh Thanh, Go Vap and District 1; Kusto quotes 5–12 minutes to Binh Thanh, Thu Duc, District 2, Go Vap and District 12, though peak-hour traffic can be slower.

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Master plan and amenities

More than 40 amenities are spread across the podium and grounds:

• Two swimming pools with jacuzzis
• Two parks and walking paths
• Two gyms
• Rooftop garden
• Children’s play areas
• Shophouses at street level

Apartment types

Apartments range from one to four bedrooms, with limited four-bedroom units and villas. Units were handed over with full kitchen cabinets, Teka appliances, Grohe sanitaryware and air-conditioning in each room.

Prices and buying

The project launched at about 52–60 million VND per m² and later releases were around 64 million. In 2026 two-bedroom resales were listed at about 5.4–7.3 billion VND, with an 83 m² unit at around 5.8 billion VND.

Because certificates are being issued quickly, check whether the unit you are buying already has its pink book.

Legal status and foreign ownership

Urban Green is commercial housing. Kusto Home issued the first 200 certificates within a year of handover and aimed to complete the remainder in Q2 2026. Foreigners can buy within the quota for 50 years.

Renting at Urban Green

Tenants include professionals working in Thu Duc, Binh Thanh and Go Vap, and families attracted by the well-finished units and resort-style grounds.

Pros and cons

Pros

• High finishing standard
• Fast pink book issuance
• Low building coverage and green grounds
• Close to Pham Van Dong and National Road 13

Cons

• Prices above many Thu Duc projects
• Neighbourhood still developing
• Traffic on Pham Van Dong at peak times

Who it suits

Urban Green suits buyers who want a finished, legally clean apartment with good quality fittings in northern Thu Duc.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including Thi Truong Tai Chinh Tien Te – pink books, Znews – Urban Green, 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