Thu Thiem Urban Area – The best new central area in Saigon

Thu Thiem urban area – a new central area on par with Pudong – Shanghai

During the past 20 years, Thu Thiem is expected to soon expand, bringing many opportunities to both residents, investors and businesses. This place owns a rare remaining piece of riverside land in the city center, is carefully planned and receives a lot of attention both domestically and internationally. This new land is expected to soon break through, becoming a bustling, prosperous new district in the heart of Ho Chi Minh City – the proud and beautiful “Pearl of the Far East”.

Thu Thiem and Pudong - Shanghai urban areas have many similarities — Thu Thiem and Pudong – Shanghai urban areas have many similarities

Having the opportunity to accompany the local government, we see the vision, scale and meticulousness of the Thu Thiem development plan. Just like Pudong has “put a new coat” on Shanghai’s landscape, Thu Thiem will improve the quality of life for the city’s residents.

Strategic location of Ho Chi Minh City

Embraced by the gentle Saigon River flowing around, the peninsula is conveniently located to move to districts 1, 4, 7, Binh Thanh and is expected to soon make a breakthrough and become an economic center. New city, Pudong (Shanghai) is bustling and prosperous in the heart of Ho Chi Minh City.

The new urban area is located on the East bank of the Saigon River opposite District 1, with a total area of 657 hectares. It is planned to be a new, modern and expanded center of Ho Chi Minh City, with the main functions of being the financial, commercial and high-end service center of the city and the region and has an international position. It is a center of culture, rest and entertainment. Planned as a new sustainable urban area closely combined with the natural landscape conditions of the land; At the same time, create more open spaces, utilities, and public works to serve the lives of residents and workers.

Panorama of Thu Thiem new urban area 2022

Possessing high connectivity with major boulevards, train stations, 05 “lifeline” bridges, including pedestrian bridges to District 1, Thu Thiem is not only planned to become an economic center – Southeast Asia’s new financial hub but also a bustling center of culture, arts and entertainment. This place will soon become the “common home” of many unique and symbolic architectural works.

New look of Thu Thiem Urban Area in the future

All elements met “Live – Work – Play – Learn” With an outstanding utility system, Thu Thiem reserves nearly 50% of its area for parks, green areas and river landscapes. With favor from nature, this place is considered the “Green Peninsula” of the city, with three sides directly adjacent to the river. “Living in Thu Thiem” will soon become a proud statement for buyers and open up great investment opportunities in the future.

Traffic planning

Completely planned with key investment in transportation infrastructure. Build 4 main roads: arc boulevard, central lakeside road, Saigon riverside road and delta road through the southern ecological park.

Also project Thu Thiem urban area Build more Thu Thiem 2 and 4 bridges after having Thu Thiem tunnel and bridge to ensure traffic connection with the existing central area. Currently, Thu Thiem 2 bridge is being built by investors, expected to be completed by the end of 2019.

Utility infrastructure

This beautiful peninsula is a harmony of gentle riverside life and vibrant urban breath. Here all amenities will be packaged in a relaxing, classy living space – a privilege reserved only for elite residents.

when the Arc Avenue Merging with the road through Lan Anh area, this place will become one of two vibrant main roads with the presence of the busiest shopping areas in the area. Thu Thiem urban area will possess sustainable investment opportunities, increased investment value, and high liquidity whether buying to live in or transferring.

Along with that, public works of international stature and unique designs such as Central Square, Riverfront Park, Children’s Palace, Central Lake Park,… promise to bring benefits to residents. Thu Thiem’s future is the best living environment

Subdivision	Main characteristics	Key projects
#1	Economic administrative center High density multi-function	Exhibition conference center center Square Symphony Theater Planning information center
#2	High density complex	Observation tower complex Gymnasium, stadium Local administrative agency
#3	Multi-functional residential	Museum
#4	Multi-functional residential High density commercial Low density residential and public works	Community activity center Local administrative agency The gas station
#5	Public works, low density residential	Supply Children Urban administrative agency Community activity center Local administrative agency
#6	Software park Multi-functional residential – low density	International Hospital Community activity center
#7	Marina complex Mixed residential – medium and high density	Urban resort hotel area Marina complex
#8	Mangrove Landscape Area Dredging cleans the river	Southern Delta resort hotels, water parks, Southern Delta Research Institute

You will understand the potential of Thu Thiem urban area just through numbers

Figures on land use functional planning:

24%/total area for traffic
43% of the total area is devoted to natural landscapes and water surfaces
13% of the total area has residential functions
11% of total area has commercial functions
The remaining 9% is for administrative and public works, etc.

About 71 percent of the plots (representing 67 percent of the total developable area and 81 percent of the total floor area) have been officially approved.

54% of the total developable land area is allocated land in the form of BT (Build – Transfer)
10% of the total developable area has been officially approved by bidding
16% of the total developable area is being planned for bidding

Construction progress

It is estimated that about 62% of the total floor area (GFA on the ground) has not yet been constructed because many investors are facing difficulties in administrative procedures for applying for investment licenses.

Most of the projects built in the new urban area today are housing projects. Besides the Dai Quang Minh commercial complex project, there have not been any other commercial development projects recorded in this area.

11%/total completed floor area
12%/total floor area is under construction
62% of total floor area is planned for development

Real estate in Thu Thiem urban area

Real estate here has impressive growth. Thu Thiem land price is currently ~ 400 million/m2. Apartment selling price from 90 million/m2. Some projects have a selling price of ~ 200 million/m2. Liquidity is also very good. Outstanding projects in Thu Thiem have completed legality/handover such as: Empire City, Lotte Eco Smart City, Sala Urban Area, The River Thu Thiem, The Metropole Thu Thiem,….