What’s hot in the Thu Thiem real estate market?

Phối cảnh toà tháp 88 tầng tại dự án Empire City Thủ thiêm

Thu Thiem New Urban Area is envisioned as a modern expansion of Ho Chi Minh City’s center, serving as the city’s premier financial, commercial, and luxury service hub, as well as a cultural, recreational, and entertainment destination.

Thu Thiem is being developed as a sustainable urban area that harmonizes with the natural landscape characteristics of the region. The master plan incorporates extensive open spaces, amenities, and public infrastructure to serve the needs of residents and workers.

Khu đô thị Thủ Thiêm 2023
Thu Thiem Urban Area 2023

With its exceptionally prime location, Thu Thiem New Urban Area is positioned to become an international financial and commercial center. Major projects with multi-billion dollar investments are continuously being announced and approved for development in this area.

Following a period of slower activity, the largest-scale projects are now under way or in advanced planning stages

1/ Eco Smart City Thu Thiem: Phase 1 encompasses 7.6 hectares across six plots, featuring luxury apartments, shophouses, offices, and commercial spaces. This is the first project in Thu Thiem to offer exceptional lake views.

2/ GS E&C’s Thu Thiem Project: Located on three plots along Nguyen Co Thach Street with views of the central Thu Thiem Lake, the first phase is being developed on Plot 3.11 and named Zeit River Thu Thiem. This subdivision will feature nearly 300 luxury apartments. 3/ Two new subdivisions of City Garden Thu Thiem (Joint Venture Refico & CII): The Luxe (Plot 3.16) comprises three towers of 12, 18, and 24 floors. The Skye subdivision (Plot 3.13) features two 28-story towers.

4/ Phase 4 of The Metropole Thu Thiem: The final phase of The Metropole comprises two towers of 28 and 36 floors, featuring podium shophouses and luxury residences on floors 20–36 of Tower 2. Additionally, Son Kim Land is offering Grade A office spaces in Tower 2 of The Crest subdivision, with floor areas of 1,600 m² per floor, as well as The Opusk Residences.

5/ Lakeview IV Thu Thiem by CII: Located in Plot 4.8, this project is expected to commence construction in the near future.

6/ Sarina 2 and Sadora 2 in Sala urban area: Following an extended period without new developments, Dai Quang Minh investor has now launched two new residential subdivisions, Sarina 2 and Sadora 2.

7/ Empire City’s MU3 subdivision: This completed model residential subdivision is expected to open for sales by year-end.

Khu đô thị Sala Thủ Thiêm
Sala Thu Thiem urban area

A Series of Luxury Real Estate Projects in Thu Thiem Urban Area Set to Launch

Thu Thiem urban area has established itself as a premier destination for luxury real estate. In addition to already-established projects such as Sala Dai Quang Minh urban area and the Empire City project with Linden, Tilia, Cove Residences, The River Thu Thiem Phase 1, Galleria apartments, and Metropole Thu Thiem, the coming years will bring increased vitality to Thu Thiem urban area (Thu Duc City, Ho Chi Minh City) as numerous office buildings, residential towers, and shophouses reach completion.

Dự án Metropole Thủ Thiêm
Metropole Thu Thiem project

Positioned at the base of the Ba Son bridge, two office towers—The Hallmark and The Mett—part of the Metropole Thu Thiem complex developed by Son Kim Land, are expected to open this June, bringing approximately 100,000 m² of rentable space to the Thu Thiem office market.

The Halk Mak

Notably, The Hallmark office tower features a total rentable floor area of 68,000 m², holding an A+ rating with Singapore’s Green Mark (Gold) green building certification.

Metrpole Thủ Thiêm

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About Saigon Luxury

Saigon Luxury is a leading luxury real estate consulting firm specializing in the Thu Thiem area, including properties such as Sala apartments, Sala Dai Quang Minh villas, Empire City Apartments, Metropole Thu Thiem, The River, Ziet River, Lotte Eco Smart City, and more; as well as penthouses in Ho Chi Minh City and Saigon villas.

With a focused strategy on the “high-end niche market” segment of Saigon real estate, Saigon Luxury has earned the trust of numerous property owners for exclusive sales and leasing, as well as the confidence and patronage of discerning clients.

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THE SAIGON LUXURY JOURNAL

June 10, 2023

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