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The Estella An Phu – High-End Real Estate Investment in District 2

The Estella An Phu is a luxury apartment project developed by Keppel Land (Singapore) and Tien Phuoc, completed in 2012 in An Phu Ward, District 2. The project comprises eight blocks with 719 apartments ranging from two to four bedrooms plus penthouses, situated in an established community with professional management and an exceptional rental track record of approximately 95% occupancy over 14 years. Featuring competitive pricing (7.4–26+ billion VND), strong rental potential (20–130 million VND per month), clear legal documentation (ready red book), and a strategic location in the heart of An Phu, The Estella is an optimal choice for investors seeking long-term buy-and-hold investments with stable rental yields.

Why Invest in The Estella An Phu

  • Complete legal status: Ready red book with no disputes, 50-year ownership (approximately 36 years remaining), 100% transparency
  • Excellent rental track record: 14 years of operation with approximately 95% occupancy rate and high-quality tenants, including expatriates and corporate management
  • Attractive rental yield: Two-bedroom units renting for 20–27 million VND per month (2.5–3.5% annual yield); three-bedroom units for 27–43 million VND per month (2–2.8% annual yield)
  • Competitive purchase price: Compared to Estella Heights (new development), The Estella is 20–30% more affordable while offering a quiet location and an established community
  • Price appreciation potential: The developed An Phu area benefits from nearby metro connectivity, with significant infrastructure investment planned for the next 1–2 years that will drive property appreciation
  • Professional management: A reputable management company handles tenant acquisition, rent collection, and maintenance—ideal for busy investors
  • Established community: Long-term residents, excellent security, and comprehensive amenities foster extended tenant occupancy and minimize turnover

Project Details

Location & Connectivity

The Estella An Phu is located in Quarter 3 along Hanoi Highway in An Phu Ward, District 2—the core of the An Phu high-end residential area. Although not situated on the main thoroughfare, this location offers significant advantages: a quiet setting, excellent security, and freedom from Hanoi Highway traffic congestion. The property is approximately 15–20 minutes by car from District 1 (Saigon Bridge, Thu Thiem Tunnel) and is surrounded by international schools (HCMC, BIS), hospitals, Big C supermarket, and upscale dining establishments. These amenities explain the strong appeal to tenants, particularly expatriates.

Apartment Types & Sizes

The Estella An Phu offers:

  • Two Bedrooms (98–124 m²): Ideal for young couples, international students, or individual or dual-occupancy rentals
  • Three Bedrooms (124–171 m²): Suitable for small families of 3–4 people or investors seeking balanced purchase and rental prices
  • Four Bedrooms (180–250 m²): Spacious apartments for affluent families or premium rental investments
  • Penthouse (225–283 m²): Duplex penthouse with exceptional views, high-floor positioning, and appeal to VIP tenants

All units feature open layouts, expansive balconies, and views of the internal landscape or Saigon River from higher floors.

Apartment & Community Amenities

Each apartment is equipped with essential to premium furnishings, including wooden furniture, electric cooktop, refrigerator, air conditioning, hot water, and a three-layer security system. Community amenities include a 20–30 m swimming pool, gymnasium, tennis court, clubhouse, landscaped gardens, 24/7 security, reception services, laundry facilities, and 1–2 parking spaces per unit.

Residential Community & Lifestyle

Over 14 years of operation, The Estella has fostered a stable community comprising affluent Vietnamese families, international residents (engineers, managers, international educators), and buy-to-rent investors. The environment is quiet and secure with strict governance standards. Community events, festivals, and gatherings hosted at the clubhouse create a family-oriented atmosphere that encourages long-term residency.

Legal Status & Ownership

The Estella An Phu has been fully licensed since 2012, with all 719 apartments possessing clear red books and no outstanding disputes. Managed by a reputable company with transparent regulations, the property has a 50-year land use period from the license date (approximately 36 years remaining—secure for long-term investors). Upon resale, the red book is readily available with swift procedures and minimal legal risk.

Sales Price List (Reference August 2026)

The selling price of The Estella An Phu varies based on apartment area, type (two to four bedrooms or penthouse), floor level (higher floors command premium pricing), views, finishes, and condition. Below is a reference guide to average pricing:

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