A new phase of development has commenced at Palm City, a 30.2-hectare urban area located in the former District 2 of Ho Chi Minh City. Hướng Việt Properties initiated construction on the Palm River subdivision on June 16th, signifying a shift in the project’s leadership. This launch marks a new chapter for Palm City, which is a large-scale residential development. The project’s change in ownership to Hướng Việt Properties preceded the groundbreaking ceremony. Palm River is expected to contribute significantly to the overall Palm City project. Further details regarding the specifics of the Palm River subdivision were not immediately available. The development aims to enhance the urban landscape of the area.