TransparentReal Estate
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Sun Group (Sun Property)
Only resort project in Phú Quốc combining 1.4km Bãi Dài beachfront, 3,000 preserved ancient trees, and direct adjacency to Grand World entertainment district — all backed by Sun Group.
Balanced for both end-users and investors.
Best-located resort project in North Phú Quốc — 1.4km beachfront next to the island's biggest entertainment cluster. High entry price (22B+ VND) and commercial land classification are real tradeoffs, but Sun Group's ecosystem and Bãi Dài's tourism traffic provide strong rental potential long-term.
| Project | Price | Distance |
|---|---|---|
| Sun Secret Valley | 115 triệu/m² | — |
| Grand World Phú Quốc | 15-30B VND for shophouses | Adjacent — already operational with established foot traffic |
| Park Hyatt Phú Quốc Residences | 50-150B+ VND for ultra-luxury villas | Bãi Trường, south coast — established luxury corridor |
| Meyhomes Capital Phú Quốc | 5-15B VND — freehold residential land | South Phú Quốc — cheaper but farther from tourism hub |
End-user: Weak project for owner-occupiers. Sun Secret Valley is a resort complex, not a residential neighborhood — it lacks daily-life infrastructure, schools, and year-round community. High entry price (22B+ VND), commercial land title, and raw shell delivery further reduce livability value. Strong amenities and Sun Group quality partially offset but cannot overcome fundamental unsuitability for primary residence.
Investor: Mixed project for investors. Strong tourism location adjacent to Grand World/VinWonders with Sun Group backing, but high entry price, commercial land classification, seasonal demand, and Phú Quốc resort oversupply risk create meaningful headwinds. Prices flat since 2022 with resale at/below launch levels. Suitable only for patient, high-net-worth investors with 3-5 year horizons.
| Market range | 38 triệu – 115 triệu/m² |
| Unit price | 22 tỷ – 52 tỷ |
| Launch price | 120 triệu/m² |
Prices flat since 2022 launch amid Phú Quốc resort market correction. Long-term outlook positive as North Island tourism infrastructure matures and international flights increase — but expect 3-5 year horizon for meaningful appreciation.
| Developer | Sun Group (Sun Property) |
| Construction | Construction |
| Completion | 2025 |
| Total Units | 1971 |
| Launch Date | 2022-05 |
| Handover | 2024-Q2 |
| Construction Permit | approved |
| Pink Book | partial |
| Legal Notes | Commercial/service land (đất TMDV), not residential land. Pink Book issued for commercial land. Vietnamese citizens get long-term ownership until 2085. Foreign buyers get 50-year ownership. Interior delivered as raw shell — buyers complete fit-out separately. |
Sun Secret Valley
| CBD (peak) | 25-30 min to Dương Đông |
| CBD (off-peak) | 15-20 min to Dương Đông |
| CBD (motorbike) | 20 min to Dương Đông |
| Airport (peak) | 40-50 min to airport |
| Airport (off-peak) | 30-35 min to airport |
High-net-worth Vietnamese investors and resort property buyers. Mix of commercial operators (shophouse owners) and vacation homeowners. Seasonal occupancy — busiest Nov-Apr during dry season.
103-hectare mixed-use resort complex by Sun Group on Bãi Dài beach, northwest Phú Quốc. 1,971 units across 5 zones: shophouses, shop villas, beach villas, lagoon villas, and a 308-room Crowne Plaza hotel (already operational). 1.4km beachfront with 3,000 ancient trees preserved. Phase 1 (The Avenue) with 605 commercial units launched May 2022.