Sun Group · Core of the Thu Thiem peninsula
Sun Thu Thiem
The Central Square, HCMC Administrative Centre and Sun Group’s urban complex at the heart of Thu Thiem – verified information, updated 10/2026.
Thu Thiem · Sun Group
Sun Thu Thiem – Sun Group At The New Heart Of Ho Chi Minh City
“Sun Thu Thiem” is the market name for Sun Group‘s projects in the core of Thu Thiem New Urban Area. The project officially under construction is the Central Square and HCMC Administrative Centre – about 47 ha with investment of nearly VND 29,600 billion, by Mat Troi Sai Gon Investment and Development Co., Ltd. (a Sun Group member) under a BT contract, which broke ground on 29/04/2026.
Meanwhile, the market is waiting for Sun Group’s commercial-residential complex in zone 2C. As of 10/2026 there is no official information on its name, number of apartments or prices; Info Realty separates confirmed facts from market information so you can judge for yourself.
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Quick summary · Updated 10/2026
What Is Sun Thu Thiem?
Sun Thu Thiem is associated with the Central Square and HCMC Administrative Centre invested by Sun Group in An Khanh Ward (Thu Thiem): about 47 ha, nearly VND 29,600 billion, started 29/04/2026, including a 6.6 ha square for up to 100,000 people, a 12 ha central lake and an administrative tower of about 30 floors. Sun Group’s commercial apartment complex in Thu Thiem has not been officially announced and is not yet on sale.
InvestorMat Troi Sai Gon Investment and Development Co., Ltd. (Sun Group)
LocationMai Chi Tho – Nguyen Co Thach – To Huu – Saigon River, An Khanh Ward
Scale~47 ha · nearly VND 29,600 bn
ModelPPP – BT contract
Groundbreaking29/04/2026
ComponentsSquare · administrative centre · 12 ha lake · 2,000-seat theatre
1/500 planPolitical-administrative centre and lake park ~33.04 ha (04/2026)
Commercial apartmentsNot officially announced
SalesNot yet launched
Location & connectivity
The Core Of The Thu Thiem Peninsula
The site is bounded by Mai Chi Tho Boulevard, Nguyen Co Thach and To Huu streets and the Saigon River – directly opposite central former District 1. It is the planned central axis of the Thu Thiem peninsula, home to the square, administrative centre and the city’s major cultural buildings.
District 1 is reached via Thu Thiem 2 Bridge, the Saigon River Tunnel or the pedestrian bridge under construction; to the east, Mai Chi Tho Boulevard leads to the HCMC – Long Thanh – Dau Giay Expressway.
5 minCentral District 1 · Nguyen Hue Walking Street
Next doorEmpire City, The Metropole, The River
10 minThao Dien · An Phu metro station
~40 minLong Thanh Airport (when operating)
Square & public buildings
The Central Square And Administrative Centre
This is the new landmark of Ho Chi Minh City, creating the public “heart” of Thu Thiem – a key driver of value for all the property around it.
6.6 ha
The “For the People” Square
About 350 m long and 245 m wide, holding 90,000–100,000 people for national-scale events.
12 ha
Central lake
The ecological core of the area, for water music and fireworks shows.
~30 floors
Administrative Centre
Workplace for over 8,000 officials, serving 1,500–2,000 citizens a day in a one-stop model.
2,000 seats
Multi-purpose theatre
Conference and performance centre for cultural and artistic events.
VND 29,600 bn
Investment
One of the largest BT projects in HCMC, with a Sun Group member as investor.
3 rings
Of, By and For the People
A concentric layout linking parks, water and the Saigon River.
Commercial-residential complex
Sun Group’s Zone 2C Complex: What Is Known And What Is Not
Many websites promote “Sun Thu Thiem” with a 69-storey landmark tower on about 32 ha. Below is what Info Realty could verify as of 10/2026.
Confirmed
1/500 plan for area 3 (2C)
The detailed plan for area 3 – usually called zone 2C – sets mixed uses: commercial services, public buildings, green space and education.
Not yet
Project name & apartment scale
The developer has not announced a commercial name, number of towers, units or official product types.
Market info
69-storey tower · ~270 m
Figures quoted by many distributors but not confirmed by any official document.
Not yet
Prices & booking
No price list or official booking round – be wary of “reservation” payments.
Reference prices · Updated 10/2026
Sun Thu Thiem Prices
As of 10/2026, Sun Group has not launched any residential product in Thu Thiem. For reference, the table summarises prices of nearby premium projects on the peninsula.
| Nearby project | Developer | Reference price | Notes |
|---|---|---|---|
| Empire City | Keppel – Tien Phuoc | from ~200 million VND/m² | Resale – handed over |
| The OpusK (Metropole) | SonKim Land | ~255–450 million VND/m² | Luxury apartments |
| Lotte Eco Smart City | Lotte Group | Not yet on sale | Construction started 10/2026 |
| Sun Thu Thiem | Sun Group | Not announced | Register to receive official information first |
Prices of nearby projects are for reference only, based on the 2026 resale market; Info Realty will update as soon as Sun Group announces products in Thu Thiem.
Progress & legal status · 10/2026
Progress And Legal Status Of Sun Thu Thiem
~47 haBT project size
VND 29,600 bninvestment
100,000square capacity
29/04/2026groundbreaking
Key milestones
04/2026
Approval of the 1/500 plan for the political-administrative centre and lake park (~33.04 ha); investment policy approved.
29/04/2026
Groundbreaking of the Central Square and HCMC Administrative Centre.
08/2026
Dozens of piling rigs and cranes working continuously; the first components are taking shape.
2027
Target completion of the main components (per market information).
Not announced
Launch of Sun Group’s commercial-residential complex in Thu Thiem.
Before placing a booking
- Only transact when there is a project name, legal developer entity and approval to sell
- Do not pay “reservation” money for products not officially announced
- Distinguish the public BT project (square, administrative centre) from commercial housing
- Check the 1/500 plan of the specific land plot
Info Realty helps verify the legal status of each unit before you place a deposit.
Sources: Cong Thuong (30/04/2026), CafeF (27/08/2026), SGGP, planning information published on the HCMC People’s Council portal (04/2026).
Info Realty review
Is Sun Thu Thiem Worth Buying? Pros And Things To Consider
Pros
- Sun Group is the investor in HCMC’s newest landmark in Thu Thiem
- The square, 12 ha lake and administrative centre will lift values across the peninsula
- Core location opposite District 1, linked by several bridges and tunnels
- Sun Group has experience developing large complexes (Sun World, Blanca City)
Things to consider
- No official information yet on the commercial housing project
- Many circulating figures (69 floors, 32 ha) are unconfirmed
- Thu Thiem prices are already high; new products may exceed 300 million VND/m²
- Launch timing is unclear
Who is Sun Thu Thiem for?
Good fit
Buyers tracking Thu Thiem long-term
Register for information to have an edge when Sun Group officially launches.
Good fit
Investors benefiting from infrastructure
Consider legally complete projects around the square such as Empire City and The Metropole.
Think twice
Buyers wanting to put down a deposit now
There is no official product yet – see Empire City or The OpusK.
Info Realty’s view: Sun Group’s biggest impact on Thu Thiem right now is the square and administrative centre – public infrastructure that will ‘activate’ the whole peninsula. For the residential complex, wait for the official announcement; meanwhile, legally complete projects around the square are the way to benefit directly from it.
Quick answers
Frequently Asked Questions About Sun Thu Thiem
What is Sun Thu Thiem?
It is the market name for Sun Group’s projects in central Thu Thiem. The project officially under construction is the Central Square and HCMC Administrative Centre (~47 ha, nearly VND 29,600 bn); the commercial housing complex has not been officially announced.
Who is the investor of the Thu Thiem Central Square?
Mat Troi Sai Gon Investment and Development Co., Ltd., a Sun Group member, under a PPP – BT contract.
When did the Thu Thiem Central Square start construction?
It broke ground on 29/04/2026 and includes a 6.6 ha square for up to 100,000 people, a 12 ha central lake, an administrative tower of about 30 floors and a multi-purpose theatre of about 2,000 seats.
Does Sun Thu Thiem have a 69-storey tower?
A 69-storey tower about 270 m high on 32 ha is quoted by many distributors, but as of 10/2026 no official developer document confirms it.
Has Sun Thu Thiem been launched for sale?
No. As of 10/2026, Sun Group has not announced a project name, price list or official booking round for housing in Thu Thiem.
What is zone 2C in Thu Thiem?
Zone 2C (area 3 of subzone 1) has a detailed 1/500 plan with mixed uses: commercial services, public buildings, green space and education.
Which projects near the Thu Thiem square should I consider?
Legally complete projects trading around the centre include Empire City, The Metropole (The OpusK, The Opera, The Galleria, The Crest) and The River Thu Thiem.
