The Ho Chi Minh City People’s Council’s decision to authorize Sun Group (through Sun Saigon Investment and Development Company) to develop the New Administrative Center project in Thu Thiem under Public-Private Partnership (PPP) and Build-Transfer (BT) models marks an exciting new chapter for the entire Eastern region. With a total investment of nearly 30,000 billion VND, this project transcends conventional infrastructure development to become a symbol of prosperity and vision.
Sun Group – Creator of Heritage Icons
Entrusting this project to Sun Group – one of Vietnam’s leading private economic conglomerates – brings exceptional confidence in the aesthetic and quality standards of the development. Sun Group has established itself as an industry leader through internationally acclaimed projects:
- Iconic Architecture: From the Golden Bridge in Da Nang – recognized as a modern wonder – to acclaimed resort complexes including InterContinental Danang Sun Peninsula Resort and JW Marriott Phu Quoc.
- Aesthetic Vision: Sun Group’s philosophy consistently emphasizes enhancing the lands it develops, prioritizing harmony between contemporary architecture, cultural heritage, and natural landscapes.
Sun Group’s involvement in Thu Thiem promises to transform the administrative complex into a vibrant, sustainable architectural ecosystem that befits Vietnam’s status as the “Eastern Broadway.”
The Focal Point of Luxury Urban Planning
The project spans over 46 hectares at the most prominent location on the Thu Thiem peninsula. Beyond office towers, the development includes a Central Plaza and Riverfront Park – premium community spaces designed to accommodate up to half a million people.

When the city’s leading institutions officially relocate here, Thu Thiem will transform from a developing district into a premier destination. This integrated ecosystem will create significant momentum, elevating luxury living standards throughout the surrounding area, from security and landscaping to long-term property values.
Vision of Center Shift
Seamless connectivity between the historic core of District 1 and the modern center of Thu Thiem, linked by iconic bridges, will create a distinctive dual urban identity. While District 1 preserves its historical significance, Thu Thiem will showcase cutting-edge smart city technologies and the finest luxury lifestyle offerings.

Saigon Luxury – Your luxury real estate specialist in Thu Thiem.
As Thu Thiem establishes itself as the new administrative and financial center, selecting a residence or investment property requires strategic vision and deep market expertise.
At Saigon Luxury, we deliver more than real estate information—we provide tailored solutions designed for the most discerning clientele. As the leading specialist in Thu Thiem’s luxury segment, we are privileged to guide our clients toward exceptional properties and prestigious residences, where investment value is directly tied to the continued development of this emerging power hub.
- Website: saigonluxury.com.vn
- Hotline: 0911 747 748
- Property listings in Thu Thiem: https://saigonluxury.com.vn/khu-vuc/thu-thiem/