Analysis and evaluation of Diamond Island project, District 2

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Overall Analysis & Evaluation

DIAMOND ISLAND APARTMENT

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About Diamond Island

The name Diamond Island carries several fascinating stories. One account tells of the island’s owners consulting a feng shui master who observed that the island’s location represents “the jade in the dragon’s mouth,” positioning it at an auspicious site that inspired its prestigious name. Another perspective notes that when viewed from above, the triangular island, covered entirely in lush greenery, appears as a solitary emerald jewel on the Saigon River, earning its name for its resemblance to a rare and precious diamond—enduring and eternal in nature.

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Project Overview

Project Name Diamond Island
Location Binh Trung Tay, District 2
Total Area
8 hectares planned
Construction: 13.5%
Green space: 86.5%
Scale
6 Towers
Brilliant, Hawaii, Bora Bora, Canary, Bahamas, Maldives
Total Number of Apartments
1,323 apartments
200–250 apartments per tower

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Location Highlights

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15 Minutes

6.1 km

Access to Vincom Mega Mall, Metro An Phu supermarket, bus station, and Metro Line 1 (Ben Thanh – Suoi Tien).

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8 Minutes

4 km

Thu Thiem New Urban Area, District 2—Ho Chi Minh City’s emerging financial, commercial, and service hub.

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18 Minutes

7.1 km

Easy access to District 1’s key attractions: Nguyen Hue Walking Street, Ben Thanh Market, Notre Dame Cathedral, and more.

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37 minutes

14.6km

Tan Son Nhat Airport – the largest airport in southern Vietnam.

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  • The Diamond Island Apartment project is ideally located in the heart of District 2, with convenient access to other major city centers. District 1, District 7, and the Thu Thiem new urban area are all within a 10-minute commute.
  • Surrounded by water on three sides, Diamond Island is Ho Chi Minh City’s only isolated island offering 360-degree river views and panoramic vistas of the city center, including iconic landmarks such as the Bitexco building. The project is highly valued for its exceptional location and enduring strategic vision.

Location and Tower Views

  • With its three-sided riverfront design, each tower offers at least two panoramic views showcasing the eastern expanse of Ho Chi Minh City and the District 2 urban landscape.
  • For personalized guidance on unit selection, orientation, and feng shui considerations tailored to your preferences, please contact our hotline at 0902.601.689.

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Internal Amenities and Facilities

• Diamond Island offers comprehensive onsite amenities, including a kindergarten, fitness center, BBQ facilities, jogging track, tennis court, and water taxi service. Standout features include a saltwater infinity pool, a 2,300-square-meter resort-style swimming pool, and a dedicated children’s water park.

• Advanced security systems ensure resident and visitor safety with 16 strategically positioned 24/7 security posts complemented by comprehensive CCTV coverage. All non-resident visitors are required to present identification and undergo security screening before entry.

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Appreciation Potential

Key Insights:

• Eastern Ho Chi Minh City has emerged as a premier investment destination for discerning investors, driven by accelerated development of expressway and metro infrastructure. The city’s strategic expansion eastward is evident through major development projects and the establishment of District 2 as a special administrative zone. With systematic planning and a vision through 2025, eastern Ho Chi Minh City is positioned for substantial socio-economic growth and corresponding real estate value appreciation.

• The bridge connecting Diamond Island to Mai Chi Tho Avenue and Ring Road 2 is now operational, significantly enhancing transportation infrastructure accessibility. These connectivity improvements increase the project’s appeal and market demand, establishing Diamond Island as a compelling long-term investment opportunity.

The Developers Behind Diamond Island

Acquiring a luxurious Diamond Island apartment requires collaboration with prominent real estate industry leaders.

  • Kusto Home – An international investor specializing in mining operations, real estate development, and banking investments. Kusto Home operates across key markets including Russia, Ukraine, Kazakhstan, and Vietnam, where the company continues to develop large-scale real estate projects.
  • Arata Isozaki – Architect: Diamond Island is a major development with a total investment of $350 million USD on an 8-hectare site. The investor held an international design competition that attracted participants from around the world, ultimately selecting renowned architect Arata Isozaki as the winning designer.
  • Contecons – Construction Contractor: Contecons brings extensive experience in constructing and installing numerous large-scale, prestigious projects valued at hundreds of billions of VND. As one of Vietnam’s leading construction firms today, the company has a proven track record in civil, industrial, and commercial construction projects.
  • Techcombank – Financing Partner: Vietnam Technological and Commercial Joint Stock Bank (Techcombank) was established in 1993 and has evolved into one of Vietnam’s leading joint stock commercial banks. Techcombank offers favorable financing terms for Diamond Island purchasers, including loan periods of 5-20 years with interest-free periods of up to 2 years.
  • The Ascott, Singapore – Property Management: The Ascott Group is a key partner that will appeal to Diamond Island investors. With extensive experience managing premium properties in Singapore and worldwide, Ascott currently manages Brilliant Tower. Investor Kusto Home has committed to a sublease arrangement with a guaranteed annual return of 8%.