On the morning of July 18, 2025, Nam Long Group (HOSE: NLG), via its Residential Sales & Development Division, formally held the groundbreaking ceremony for Solaria Rise condominium, marking a significant milestone for the 355‑ha Waterpoint integrated township in western Ho Chi Minh City.
Spanning 3.1 ha and comprising of four towers, each rising from 8 to 17 stories, Solaria Rise will deliver nearly 700 condominium units, ranging from studio layouts to spacious three-bedroom homes. The project is a joint development by Nam Long and Nishi Nippon Railroad, a century‑old Japanese conglomerate.
Solaria Rise is also pioneering to become EDGE-certified – by the internationally recognized green‑living standards. The development commits to optimize energy efficiency, conserve resources, and reduce environmental impact—thereby establishing a healthy, sustainable living ecosystem and enhancing quality of life for residents.
Ricons, as the general contractor, will oversee all construction phases—from foundation work and structural framing to finishing, MEP systems, infrastructure, and internal landscaping. Other prestigious domestic and international partners such as Lascal (landscape design), NQH Architects (architectural design), among others, will also make their marks with this project
Situated at n the heart of Waterpoint along the township’s main axis and adjacent to the expansive 25‑ha Central Park, Solaria Rise offers sweeping views over the largest green expanse within the development.
With its modern, sustainable design and resort‑style amenities, Solaria Rise is set to introduce a vibrant new living environment tailored for young professionals and young families seeking quality, convenient lifestyles. Additionally, nestled within the 355‑ha integrated metropolis, Solaria Rise residents enjoy a comprehensive ecosystem including schools, healthcare facilities, supermarkets, F&B outlets—and more to come.
The launch of Solaria Rise reinforces Nam Long’s strategic direction in building integrated townships with a diverse range of products meeting customer needs. The supply for this group of reasonably priced, quality condominiums shall quickly capture the ongoing trend of urban decentralization to satellite cities.
Perspective Rendering of the Solaria Rise
At the event, Mr. Ng Joo Tong, Managing Director of Nam Long Land, stated: “Solaria Rise is a key component of Nam Long’s integrated urban development strategy, creating a model satellite city in tandem with modern, vibrant urban areas in western Ho Chi Minh City. With the Japanese‑Vietnamese joint venture between Nishi Nippon Railroad and Nam Long, along with top‑tier design, construction, consulting, and landscaping partners, Solaria Rise will not only become a new icon of Waterpoint—it also marks the beginning of happy and prosperous living”.
Mr. Taro Koyama, Director of Overseas Development Division of Nishi Nippon Railroad, also shared: “We are proud to have partnered with Nam Long for over a decade on many Vietnam‑Japan signature projects, shaping new, modern, and worth-living townships. Solaria Rise continues this tradition. This project underscores our commitment to crafting contemporary, convenient, and sustainable living spaces—places where young people and young families can settle down and prosper”.
On behalf of the general contractor, Mr. Phan Vĩnh Phúc, Project Director at Ricons, emphasized: “We are honored to continue our partnership with Nam Long on Solaria Rise. Backed by our experience in large‑scale developments and engineering expertise, Ricons commits to meeting schedule, providing top craftsmanship, and ensuring safety during construction — so that a signature landmark at Waterpoint exactly as envisioned will soon take its place.”
Solaria Rise is expected to officially launch in the third quarter of 2025. To support future homeowners, Nam Long has partnered with leading banks—including Vietcombank, Vietinbank, BIDV, ACB, OCB, Hong Leong Bank, and others—to introduce the Easy Pay – Easy Invest program, offering superior financing solutions for professionals purchasing homes at Nam Long’s integrated townships, including Waterpoint.
