Located at 38 Tạ Hiện Street in the quiet, low-density waterfront district of Thạnh Mỹ Lợi Ward (Thu Đức City / former District 2), Waterina Suites stands as an architectural triumph of Japanese engineering and organic aesthetic design. Developed through an exclusive partnership between Japan’s renowned Maeda Corporation and Thien Duc, the building features an internationally acclaimed organic wave facade conceptualized by world-renowned architect Kengo Kuma. Unlike high-density mega-developments across Ho Chi Minh City, Waterina Suites is a boutique sanctuary containing just 98 ultra-exclusive residences across 25 storeys. For broader regional context, explore our Thủ Đức City Expat Housing & Relocation Guide 2026 and An Phú & Nam Rạch Chiếc Expat Rental Guide 2026.
In 2026, Thạnh Mỹ Lợi has firmly established its status as East Saigon’s premier executive sanctuary. The area is defined by wide tree-lined boulevards, peaceful riverfront esplanades, and low-rise administrative complexes that prevent urban overcrowding. With the operational maturity of the Thời Đại Bridge (Cầu Thời Đại / Diamond Island Bridge), residents enjoy an unobstructed, scenic riverfront route connecting directly to Mai Chí Thọ Expressway, reaching the central business district in District 1 via the Thu Thiem Tunnel or Ba Son Bridge in just 10 to 12 minutes. Furthermore, the completed Vành Đai 2 (Ring Road 2) bypass and Mỹ Thủy Interchange have permanently rerouted heavy logistics transport away from residential corridors, creating a serene, whisper-quiet environment for discerning families.
The microclimate of Thạnh Mỹ Lợi benefits directly from the sweeping southern loop of the Saigon River. Sustained southeasterly river breezes provide natural cooling and superior air quality, maintaining temperatures 2°C lower than urban District 1 or Bình Thạnh. Broad avenues such as Tạ Hiện, Trương Văn Bang, and Lê Hiến Mai feature expansive pedestrian sidewalks and modern subterranean flood-mitigation drainage channels that keep the neighborhood completely dry during peak tropical rainfall.
Strategic advantages of living at Waterina Suites in Thạnh Mỹ Lợi:
2026 expat rental dynamics: Waterina Suites is the preferred address for Japanese managing directors, European diplomats, architects, and corporate C-suite executives seeking refined, understated luxury rather than mass-market high-rises. The generous 160-square-meter 3-bedroom, 3-bathroom lateral layout commands a competitive monthly rental rate of 52,000,000 VND (~$2,080 USD), presenting outstanding value for a boutique residence with five-star Japanese hospitality standards. To compare lifestyle dynamics across expat enclaves, review our Renting in District 1 vs District 2 HCMC: 2026 Guide and explore neighboring projects in our Feliz en Vista Rental Review: 2026 Expat Guide and Vista Verde District 2 Expat Rental Review 2026.
Waterina Suites reflects the harmonious fusion of Japanese Zen minimalism and high-end modern hospitality. Maeda Corporation, bringing over a century of civil engineering excellence in Japan, integrated cutting-edge building systems including pre-stressed concrete slab construction that minimizes interior structural columns, advanced waterproof coatings, and specialized acoustic insulation between residential levels.
The building’s amenity program is curated for wellness, relaxation, and executive discretion. Set across the ground-level garden plaza, 2nd-floor podium, and the 24th-floor sky deck, the facilities provide panoramic vistas over the Saigon River and the illuminated District 1 skyline.
| Facility | Location | Overview & Technical Specifications |
|---|---|---|
| 25m Sky Infinity Saltwater Pool | 24th Floor Sky Deck | Heated 25-meter infinity-edge lap pool with panoramic Saigon River views and chemical-free saltwater chlorination. |
| Japanese Onsen Jacuzzi & Spa | 24th Floor Wellness Center | Heated hydrotherapy jacuzzi, therapeutic hot stone sauna, and private steam room modeled on authentic Japanese onsens. |
| Panoramic Sky Gymnasium | 24th Floor Fitness Pod | State-of-the-art TechnoGym cardio machinery, free weight racks, and yoga studio overlooking the skyline. |
| Two-Tier Waterfall Podium Lounge | Ground Floor Plaza | Calming landscape design featuring dual cascading waterfalls, koi ponds, and Zen rock gardens. |
| Executive Resident Club Lounge | 2nd Floor Mezzanine | Private boardroom suites, high-speed Wi-Fi, Japanese tea ceremony counter, and library salon for executive meetings. |
| Children’s Creative Play Deck | 2nd Floor Family Zone | Safe indoor/outdoor play area equipped with eco-friendly timber play equipment and soft padded flooring. |
| Boutique Cafe & Wine Bar | Ground Floor Promenade | Artisanal Japanese drip coffee, matcha bar, and curated natural wine cellar exclusively for residents and guests. |
| Underground Parking Garage | Basements B1–B2 | Dedicated automobile parking bays with EV charging stations and 24/7 security surveillance. |
This expansive 160-square-meter 3-bedroom, 3-bathroom residence occupies a premium high floor, capturing sweeping 180-degree panoramic views of the Saigon River and green administrative parklands. The architectural layout emphasizes lateral open-space living, functional zoning, and smooth circulation.
The residence features an expansive central entertaining zone bordered by continuous curved floor-to-ceiling glass windows that open to deep, wave-shaped balconies.
Spatial distribution:
| Feature / System | Brand & Origin | Technical Specification |
|---|---|---|
| Living & Dining Flooring | Florim (Italy) | Large-format 800x800mm matte porcelain tiles with sound-absorbing acoustic decoupling membrane. |
| Bedrooms Flooring | Kährs (Sweden) | 15mm engineered European white oak multi-layer timber with natural matte lacquer finish. |
| Kitchen Cabinetry & Tops | CleanUp (Japan) & Caesarstone | Anti-stain stainless steel and wood composite cabinetry with 20mm antimicrobial quartz stone counters. |
| Cooking Appliances Suite | Bosch Serie 8 & Rinnai | 4-zone induction cooktop, 71L multifunction built-in pyrolytic oven, and integrated whisper-quiet dishwasher. |
| Sanitary Ware & Washlets | TOTO (Japan) | TOTO Neorest smart bidet toilets, luxury ceramic undermount sinks, and thermostatic rainfall showers. |
| Acoustic Glazing System | YKK AP (Japan) | Heavy-duty thermal-break aluminum frames with double-glazed Low-E laminated glass (STC 42+ rating, noise < 36 dB). |
| HVAC Climate Control | Mitsubishi Electric VRF | Concealed ducted inverter climate control with independent nanoe-X air purification and zone thermostats. |
| Smart Security & Intercom | Aiphone (Japan) & Häfele | Color video intercom system connected to front gate concierge and biometric smart door lock. |
| Water Filtration & Heating | Toray (Japan) & Stiebel Eltron | Centralized Stiebel Eltron multi-point water heater paired with Japanese Toray whole-home filtration. |
Waterina Suites is managed by CBRE Vietnam in close coordination with Maeda Corporation’s dedicated asset management team, ensuring strict adherence to Japanese building maintenance protocols, 24/7 bilingual concierge services, and rapid-response engineering SLAs.
| Expense Category | Tariff / Unit Rate | Estimated Monthly Outlay | Billing Channel & Schedule |
|---|---|---|---|
| Base Monthly Rent | Fixed at VND 52,000,000 (~$2,080 USD) | VND 52,000,000 | Direct bank transfer in VND on the 1st of each calendar month |
| Building Management Fee | VND 24,000 / m² net usable area / month (160 m²) | VND 3,840,000 | Billed monthly via CBRE resident mobile portal / management invoice |
| Electricity (EVN Progressive Tariff) | Official EVN Tier 1–6 (1,893 – 3,302 VND/kWh) | VND 2,200,000 – 3,400,000 | Direct payment via EVN HCMC app or automated banking transfer |
| Domestic Clean Water | Municipal Sawaco tariff (20,500 VND/m³) | VND 220,000 – 350,000 | Billed monthly on building utility invoice |
| High-Speed Fiber Internet | 500 Mbps – 1 Gbps Dedicated Fiber (Viettel/FPT) | VND 350,000 – 550,000 | Direct tenant subscription with local telecommunications provider |
| Basement Car Parking Bay | 1 Allocated basement car bay (priority allocation) | VND 1,800,000 | Monthly permit card with automated RFID entry gate |
| Motorcycle Parking Bays | Fixed rate per motorcycle (2 bays allocated) | VND 150,000 / bike | Monthly permit card billed directly on building account |
Billed directly according to the official EVN progressive residential tariff schedule:
| Consumption Tier | Monthly kWh Range | Base Unit Rate (VND/kWh) | Typical 3BR Monthly Apportionment | Subtotal Cost (VND) |
|---|---|---|---|---|
| Tier 1 (0 – 50 kWh) | First 50 kWh | 1,893 VND | 50 kWh | 94,650 VND |
| Tier 2 (51 – 100 kWh) | Next 50 kWh | 1,956 VND | 50 kWh | 97,800 VND |
| Tier 3 (101 – 200 kWh) | Next 100 kWh | 2,271 VND | 100 kWh | 227,100 VND |
| Tier 4 (201 – 300 kWh) | Next 100 kWh | 2,860 VND | 100 kWh | 286,000 VND |
| Tier 5 (301 – 400 kWh) | Next 100 kWh | 3,197 VND | 100 kWh | 319,700 VND |
| Tier 6 (401+ kWh) | Usage over 400 kWh (typical 300 kWh in Tier 6) | 3,302 VND | 300 kWh | 990,600 VND |
| Total Estimated Energy | ~700 kWh / month (Continuous Ducted Inverter AC) | Average ~2,879 VND/kWh | Complete 160 m² Residence | ~VND 2,015,850 – 3,150,000 |
Note: For complete details on tenancy utility protections and management fee benchmarks, consult our EVN Electricity Tiers & Landlord Utility Markup Guide and HCMC 40-Condo Building Management Fee Index 2026.
Thanks to the Diamond Island Bridge (Cầu Thời Đại) and direct access to Mai Chí Thọ Boulevard, residents enjoy rapid transit across Ho Chi Minh City without encountering commercial container traffic.
| Destination | Distance | Driving / Transit Time | Primary Route / Infrastructure |
|---|---|---|---|
| District 1 Financial CBD (Bitexco / Le Loi) | 7.2 km | 10 – 12 minutes | Thời Đại Bridge → Mai Chí Thọ → Thu Thiem Tunnel |
| Thủ Thiêm Core & The Metropole | 4.2 km | 6 – 8 minutes | Thời Đại Bridge → Mai Chí Thọ Expressway |
| Thảo Điền Expat Hub (Xuan Thuy) | 6.5 km | 9 – 11 minutes | Đồng Văn Cống → Trần Não / Song Hành Corridor |
| Phú Mỹ Hưng (District 7 / Crescent Mall) | 8.5 km | 12 – 14 minutes | Võ Chí Công → Phú Mỹ Bridge |
| Saigon High-Tech Park (SHTP) | 11.2 km | 15 – 18 minutes | Mai Chí Thọ → Võ Nguyên Giáp Highway |
| Tân Sơn Nhất International Airport (SGN) | 13.8 km | 28 – 32 minutes | Mai Chí Thọ → Ba Son Bridge → Điện Biên Phủ Corridor |
| Long Thành International Airport | 31.5 km | 28 – 32 minutes | Mai Chí Thọ → HCMC – Long Thành – Dầu Giây Expressway |
Waterina Suites was built by Maeda Corporation utilizing Japanese pre-stressed reinforced concrete and patented acoustic decoupling floor membranes. The exterior facade features Kengo Kuma’s organic wave design that naturally deflects solar heat gain and channels river breezes into living spaces. Combined with YKK AP double-glazed Low-E acoustic windows, ambient indoor noise levels remain exceptionally quiet below 36 dB.
With only 98 suites in total and just 5 to 7 apartments per floor plate, Waterina Suites is one of the most exclusive low-density residential condominiums in Ho Chi Minh City. Residents share 3 high-speed elevators, ensuring virtually zero wait times and utmost privacy for senior executives and diplomats.
Residents enjoy excellent neighborhood shopping convenience. Tops Market and Kingfoodmart at Feliz en Vista, as well as Faifo Lane at Vista Verde, are just 2 minutes away. Additionally, Annam Gourmet Market and Mega Market An Phú are accessible within a 6-minute drive.
Waterina Suites is a pet-friendly residence. Small to medium-sized domestic pets are permitted upon registration with the CBRE building management office. Pets must be leashed in common garden spaces and transported via designated elevators to preserve tranquility for all residents.
Explore verified insights, area commute comparisons, and legal protections relevant to this property:
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