PORTRAITS OF THE REAL ESTATE MONKS THAT MAKE UP THE GREAT EMPIRE CITY PROJECT

Empire City is a premier luxury apartment project tailored for discerning clientele, boasting an exceptional reputation that attracts sophisticated buyers. The project is developed through a strategic partnership with renowned international and regional firms including Gaw Capital Partners (UK), Keppel Land, Tien Phuoc, and Tran Thai real estate companies. This prestigious consortium significantly strengthens the project’s credibility and ensures the highest standards of execution, quality, and market performance.

Substantial Investment Scale

Empire City District 2 represents a landmark investment of USD 1.2 billion, positioning itself as a world-class regional and international hub featuring:

  • 215 hectares dedicated to a financial, banking, and commercial center.
  • 159 hectares allocated for transportation infrastructure.
  • 281 hectares of verdant green space for public enjoyment.

Empire City comprises 3,785 luxury residences, anchored by an iconic 88-storey tower. Spanning 14.56 hectares with a total built area of approximately 730,000 m², the project integrates a high-end shopping destination, 5-star hotel, corporate offices, residential apartments, serviced residences, and underground parking facilities, all developed to international standards.

Positioned along the Saigon River and adjacent to a pristine ecological reserve spanning 17.9 hectares, this development offers residents an exceptional living environment enriched by the refreshing breezes of the river and its protected biosphere. Empire City apartments command remarkable panoramic views encompassing Nha Rong Port and the vibrant Nguyen Hue Walking Street. This distinctive positioning embodies the three essential principles of feng shui: proximity to water views, waterfront location, and accessibility to major thoroughfares.

The project occupies a prime location on Thu Thiem island, encompassed by the Saigon River with commanding views of the city center.

Strategic Partnership with Leading Investment Groups

  1. Gaw Capital Partners

Gaw Capital Partners is headquartered in Hong Kong with operations in China. The firm’s real estate fund holds a 30% stake in the Empire City Thu Thiem project. While relatively new to the Vietnamese market, Gaw Capital Partners has rapidly established itself as a significant player by acquiring four premium real estate projects from the Indochina Land investment portfolio for approximately $106 million USD. These acquisitions include Indochina Plaza Hanoi, Hyatt Regency Danang, Malibu Villas in Quang Nam, and Park City in Ho Chi Minh City. The firm continues to expand its presence in Vietnam with several large-scale developments in the pipeline, most notably the 86-story mixed-use tower that anchors the Empire City project in Thu Thiem. With this strategically positioned investor leading the way, Empire City is poised to become the premier urban destination in the Thu Thiem area, District 2.

  1. Keppel Land

Keppel Land is the real estate division of Keppel Group, one of Singapore’s leading multinational conglomerates with principal interests in oil and gas, marine services, infrastructure, and real estate. Keppel Land has an impressive portfolio of successful developments including Saigon Center, Villa Rivera, The Estella, and Sedona Suites Royal Park. The firm’s most notable recent undertaking is the Empire City Thu Thiem complex project, which has generated considerable market interest. With a 40% capital investment in Empire City Thu Thiem, Keppel Land has significantly enhanced the project’s credibility and market standing, further validating its exceptional potential.

  1. Tran Thai Real Estate Company Limited

With 15 years of experience in Vietnam’s real estate sector, Tran Thai Real Estate Company has established itself as a trusted developer with deep market expertise. The company’s impressive portfolio includes Louis Tower, Nam Rach Chiec residential community, Phu An building, Tran Thai Marina Resort & Villas, Hon Thom cable car project, Tran Thai Village, and Huong Bien in Phu Quoc. The firm’s growing reputation and track record are further strengthened by its 15% capital contribution to the distinguished Empire City project. This partnership reinforces buyer confidence in Empire City, backed by a developer with proven expertise and a commitment to delivering exceptional value to customers.

  1. Tien Phuoc Real Estate Company

Tien Phuoc Real Estate Company holds a 15% stake in Empire City. Established in 1992, the company has spent decades operating in the real estate sector with numerous completed projects to its name. Notable developments include Greenfield Village in District 2, the 23-story Le Meridien Saigon Tower, Long Truong Residential Area, The Estella (in collaboration with Keppel Land), Tien Phuoc Residential Complex in South Saigon, Cam Ranh Bay Resort and Spa, and Tien Phuoc Building. The company is regarded as a respected veteran in the real estate market.

All units in Empire City have been delivered, with new launches anticipated in 2023. Given the caliber of the project’s investors and its prime location in the Thu Thiem urban area—an area designated for exceptional growth and highly favored by the state—Empire City is positioned for strong performance. With its outstanding investor consortium, Empire City is assured of delivering exceptional quality and will appeal to discerning residents seeking this exceptional location.

For more detailed information and updates regarding Empire City apartment leasing and resale prices, please contact our Sales Department: 0918 195 449 (call, Viber, Zalo, WhatsApp)

We welcome inquiries for buying, selling, and leasing Empire City apartments. Visit the project website at: https://empirecity-vn.com/

THE SAIGON LUXURY JOURNAL

January 5, 2023

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