Faced with economic challenges and risks, the townhouse product line is of interest to investors, in which the Soho subdivision at The Global City reveals many interesting advantages.

The Global City is one of the first international standard urban complexes in Vietnam designed and planned by the world’s leading architectural firm from the UK Foster + Partners. With a scale of 117.4 hectares located in a prime location in An Phu ward, Thu Duc City, The Global City has a vision of becoming a symbolic urban area, the new center of Ho Chi Minh City.

With a complete and complete legal basis in accordance with regulations, the SOHO townhouse area is the first subdivision to be launched, and has received great attention from customers and investors. In addition, The Global City has completed phase 1 of the canal and water music area and launchedGlobal City Sales Gallerycum Lifestyle Hub with the largest scale in Vietnam and will continue to improve the entire canal system atBay of love– Canal of Love, green park and a series of other classy amenities in the near future.

The SOHO townhouse area possesses advantages such as a prime location in the metropolis, adjacent to key roads, connecting to the city center, and a series of surrounding high-class amenities that are invested synchronously. Therefore, when big brands and brands are present here, they will contribute to increasing customer experience, thereby making SOHO an ideal meeting, entertainment, and entertainment destination, anticipating the needs of serving thousands of future residents of The Global City urban area and tourists.

Soho commercial townhouse area is located in the center of The Global City urban area. Townhouses are inspired by the busiest and busiest shopping areas of global cities such as London or New York.

The scarcity of townhouses in the center always creates attraction

Currently, real estate is still the preferred investment channel for many people amid the fluctuations and instability of the economy. Investors in general still have a preference for townhouses and in the context of Ho Chi Minh City’s scarce supply, this segment tends to have the strongest price increase among all types of real estate in the entire market. SOHO is also a townhouse project in District 2 currently open for sale. Therefore,Global City townhousein the Soho subdivision is the most attractive investment channel in the center today.

With the project “Building a Housing Development Program in Ho Chi Minh City for the period 2021-2030” approved, aiming to increase the proportion of high-rise apartment buildings and gradually reduce the proportion of low-rise housing in central area projects, townhouse projects will become increasingly expensive.

Mr. Nguyen Minh Phuc – long-time investor in Ho Chi Minh City – is confident in the price increase potential of the Soho subdivision. He cited the story of townhouse products in Thu Duc City, with an average increase of 70-80% after 2-3 years, many townhouses even increased in price 3-4 times after 5 years.

Mr. Phuc analyzed: “The pressure of land fund shortage, high construction material costs, rising inflation, makes it difficult for real estate prices in Ho Chi Minh City in general and Thu Duc City in particular to fall deeply; moreover, from now until the entire metropolis is completed and handed over, it will be nearly 4 years; in which each milestone of completion of utilities and infrastructure will be a boost to the price of Soho townhouses, so the price of each phase will be higher.”

International standard living space and long-term business opportunities

The Soho townhouse area at Global City is uniquely designed by the world’s leading architectural companyFoster + PartnersThe international standard “all-in-one” utility system is also a plus point that makes many customers believe in the potential and value of the project. In particular, with the number of just over 900 townhouses, compared to the scale of attracting up to 192,000 visitors per day and residents living in The Global City, plus large purchasing power, SOHO townhouses are always “sought after”.

SOHO THE GLOBAL CITY subdivisionis a commercial neighborhood planned and professionally operated according to international standards with 3 neighborhoods: shopping, food and entertainment. Masterise Homes has recently regularly organized networking and sharing events for retail, F&B and service businesses…. this is the first step in the plan to develop a professional commercial business model, following global trends at The Global City. Not only stopping at selling real estate products, Masterise Homes will always accompany investors throughout the ownership process to help them achieve their investment goals and earn the desired profits. Therefore, developing an international standard and professionally operated commercial neighborhood is an important factor for The Global City to become a bustling new Center – an unmissable destination for domestic and foreign tourists.

More than a townhouse project, the 5-storey SOHO townhouse with smart exterior and interior design can meet a variety of business models. Besides, owning an open sidewalk of nearly 4m suitable for indoor or outdoor commercial activities, and many nearby amenities such as shopping centers, water music areas, parks, etc. will help optimize profitability for investors.

The clear potential of a new Center is taking shape

The Global City urban area projectWith a large scale of up to 117.4 hectares, located in a unique diamond location in the center of Thu Duc City, only 10 minutes away from District 1 and easy connection to destinations in the city, The Global City is oriented to become a vibrant new center of Ho Chi Minh City, along with infrastructure development in the East area.

Masterise Homes has openedThe Global City model housecum lifestyle utility center (lifestyle hub), and at the same time put into operation the entire 2 km long artificial canal system called “THE CANAL OF LOVE“. Then, in early 2023, the entire green park system along the canal will be completed. These are the “magnets” that attract tourists and residents to The Global City, affirming the “new center” of Ho Chi Minh City. The attraction of the amenities partly paints the bustling, bustling context of the new center, affirming the commercial potential and future promotion value of Soho townhouses.

Mr. David Jackson – General Director of Colliers Vietnam commented that there are many factors that cause real estate prices in Thu Duc city to continue to increase in the future. In addition to planning information, the belief in the city’s future of people with real housing needs, investors and investors is one of the important reasons why house prices increase rapidly.

Within the next 3-4 years, many infrastructure upgrading projects of Thu Duc City will be completed and put into operation, such as expanding Long Thanh – Dau Giay expressway, building An Phu intersection, expanding Do Xuan Hop, Le Van Viet, La Xuan Oai, Nguyen Duy Trinh streets… These are the driving forces to increase long-term prices for Soho The Global City townhouses in general and Soho townhouses in particular.

Soho townhouses have rental potential

With a central location in the metropolis, right next to a 123,000 m2 shopping mall, adjacent to Do Xuan Hop street, the Soho subdivision plays the role of a gateway, welcoming a large flow of customers to the new center of Ho Chi Minh City.

According to estimates by the project developer, The Global City can accommodate up to 192,000 visitors each weekend, with vibrant entertainment, entertainment, and dining activities. Utility infrastructure such as shopping malls, hospitals, schools, Love Bay with the leading musical fountain in Southeast Asia… will be a magnet to attract tourists to the new center of the city.

Besides, with a large area of ​​high-rise and low-rise housing components, The Global City is expected to become one of the large-scale residential areas of Thu Duc City. According to estimates, with the current number of townhouses, villas and apartments, the population size can reach 37,000 people, becoming a rich source of potential customers for the Soho townhouse area.

Currently, Soho townhouse supports a financial package with grace period for both principal and interest up to 24 months. Meanwhile, it is expected that in 2023 the Soho subdivision will be handed over to customers, which means investors have 18 months to earn profits and balance cash flow before paying principal and interest according to the bank’s policy.