Thanh My Loi – a rich area is forming in the city. Thu Duc

Thanh My Loi, Thu Duc city (former district 2) was once considered a remote, underdeveloped suburb. However, since traffic has been invested in and built, real estate here is developing vibrantly.

The bridge spanning the end of the Giong Ong To river branch, connecting Mai Chi Tho Avenue with Thanh My Loi residential area, is considered a “turning point” for the real estate market in the Thanh My Loi area, creating a price list. new in the last few years. Apartment and land transaction prices have increased rapidly.

With its position as a new administrative center, where the People’s Council – People’s Committee of Thu Duc City is located and near the existing center of Ho Chi Minh City, real estate prices in Thanh My Loi ward are approaching the central areas of District 1. , District 3.

Located only about 5 minutes’ drive from the Thu Thiem area, Thanh My Loi real estate has also shown rapid price growth in the past 5 years.

If infrastructure is a prerequisite, feng shui “wealth” is the “launching pad” that leads to the formation of prosperous residential areas. Surrounded by 3 large rivers: Saigon River, Giong Ong To River, Dong Nai River, along with a 17ha landscape park, the entire Thanh My Loi area enjoys beautiful views, airy space and healthy living environment.

Thanh My Loi real estate market in the land and townhouse segment, some plots of land on roads close to the Saigon River such as Tran Quy Kien and Truong Van Bang street frontage have been listed for sale at up to 400 million VND/year. m2. Land projects in the area also have transaction prices ranging from 90-300 million VND/m2 depending on location.

Thanh My Loi is the new administrative center of Thu Duc City with a location right next to the Saigon River and about a 5-minute drive from Thu Thiem New Urban Area.

Around the new administrative center in District 2, dozens of luxurious villas and high-end apartment buildings have sprung up, changing the face of Thanh My Loi ward.

The presence of many famous domestic and foreign investors here such as CapitaLand, Novaland, MapelTree, Kusto Home… has led to the strong development of the real estate market.

The most advanced project in the area and directly benefiting from infrastructure connection is the project Diamond Island apartment with investment capital VND XNX billion. Even though it has been in operation for 4 years, selling prices at the project have not cooled down yet. Currently, the selling price here is about 90 million VND/m2.

With an area of nearly 8 hectares surrounded by the Saigon River and Giong Ong To, the project includes 6 apartment blocks of 16-25 floors. The project was invested by Kusto Home Group and was completely completed at the end of 2018. At that time, the project was considered the most luxurious and expensive apartment in Ho Chi Minh City in particular and the country in general. .

Images at Diamond Island apartment complex (Diamond Island) — Images from the Diamond Island apartment complex. See more information: https://saigonluxury.com.vn/ban/can-ho/quan-2/dao-kim-cuong/

Not far away are 3 projects located next to each other on Truong Van Bang street, also high-end apartments but the prices here are relatively softer, fluctuating 80-85 million/m2.

The first is the Waterina Suites project invested by Maeda Thien Duc Co., Ltd., the project creates a highlight with curves that make a difference compared to the other projects. The project was handed over in the third quarter of 2019 with 98 luxury apartments, penthouses, duplexes and single-storey apartments.

Next to Waterina Suites are 2 apartment projects Feliz en Vista and Vista Verde is invested by CapitaLand in a joint venture with Thien Duc. According to Rever’s latest data, the current price of these two projects ranges from 2-80 million VND/m85, an increase of more than 2% compared to 40 years ago.

Singaporean investor CapitaLand has developed 2 luxury apartment projects right on Phan Van Dang street, in front of the City People’s Committee. Thu Duc. With increasingly convenient infrastructure connections, both projects have dense population.

Define luxury apartment project of investor Capital Land

Project Define Capital Land With a total area of 4.501 m2, this project is located on Dang Nhu Mai street and will be built with 88 apartments located on a 1-storey tower. With high prices, the apartments here will all have river views and only 26 apartments on one floor.

In addition to large-scale projects, there are many individual villas built here. Some of them have stopped construction for a long time, mixed with overgrown grass and trees.

Service utilities

Strong development in recent years has also brought Thanh My Loi ward Many modern and new services and amenities such as a commercial center with luxury stores and brands.

Right at the foot of the Feliz En Vista and Vista Verde apartment towers, there are many high-end services available such as Starbucks Feliz En Vista, Highland Coffee, Stix Coffee, An Nam Market Supermarket, kindergarten. At Diamond Island, there are supermarkets Vinmart, Kmart,… Around Thanh My Loi, there are many restaurants and cafes serving the needs of residents just a few steps away. Especially right in front of the project, there is a Vinfast bus station to serve the travel needs of residents.

Starbucks – a world-famous coffee brand and Annam Gourmet – a high-end brand of imported foods are present at the Feliz en Vista project, in the center of Thanh My Loi ward, Thu Duc city. The two stores were opened at the beginning of the first quarter of 2022.

This activity marks the first presence of two big names in the food service and retail industry in the Thanh My Loi area – a new urban area converging a breakthrough in infrastructure and a civilized community, promising promises to bring a wonderful shopping and coffee experience space for residents.

Sales Department of Saigon Luxury Company.