Analysis Of Rental Income And Transfer Of Thao Dien Apartment Project In District 2

Thao Dien – masterpiece architecture on the Saigon River is coming to market in the East in August/2017. Located next to Masteri An Phu and adjacent to potential projects in An Phu – An Khanh area such as Gateway Thao Dien, The Nassim, The Estella, … Thao Dien is expected to have good investment potential, both for rent and for transfer.

Rever provides some analytical information on rental income and transfer of  Thao Dien apartment project to help customers easily plan future investment.

Perspective of Q2 Thao Dien project  – luxury complex coming to market in August/2017

The main investor of  Thao Dien project is Fraser Centrepoint Limited (FCL). Apart from CapitaLand and Keppel Land, Fraser Centrepoint Limited is also one of the leading real estate companies in Singapore. In terms of financial potential, experience, and awards, FCL has many outstanding advantages. This unit operates real estate business serving customers around the world.  Thao Dien is a product that shows the clever combination of intelligent living space and creative design in every detail, even the smallest.

You can view more listings of projects being sold in District 2, Ho Chi Minh City: Apartments for sale in District 2

The transfer rate of Q2 Thao Dien Apartment project is forecasted to increase by 10-20% after handover

 Thao Dien is located in the heart of Thao Dien area. The place is known as the living area of the rich, famous and have a stable income. The highlight of this project is the possession of unlimited vision to the Saigon River, bringing fresh living and rare places where there are rare.

Selling price of Thao Dien apartment project compared with neighboring projects

Q2 Thao Dien belongs to the luxury segment in Thao Dien District 2, similar to Gateway Thao Dien and The Nassim. At present, the estimated selling price of Q2 Thao Dien project is between VND 60-70 million / sqm.

It can be seen, the transaction of lease and transfer in two projects Gateway Thao Dien and The Nassim quite good. The real estate market is witnessing a very strong price increase with these two projects, up by 15% – 20% in less than two years. With the same quality and condition,  Thao Dien has great potential to achieve similar profitability.

Expansion chart for two neighboring  Thao Dien projects is Gateway Thao Dien and The Nassim

The profit margin for  Thao Dien project can reach over 7% per year

Around  Thao Dien project is a series of high-end apartment projects such as The Vista, The Estella, Cantavil Premier An Phu … Currently, the rent of high-end projects in the area ranges from VND 25 to 60 million / sqm for apartments from 2 – 4 bedrooms. At the expected price of VND 60 – 70 million / sqm, the rental margin of  Thao Dien project is estimated at over 7% per year. Specifically, taking into account the price of similar projects in the area (such as The Estella and The Vista), together with the expected selling price of  Thao Dien, the rental income at the moment of  Thao Dien is likely Fall into:

• 7.33% for apartment with 2 bedrooms
• 6.69% for apartment with 3 bedrooms
• 5.84% for apartment with 4 bedrooms

Chart of rental rates in the vicinity of Thao Dien project  in District 2

In addition, according to Rever, the sale of Gateway Thao Dien and The Nassim Gateway apartments will help boost rents in the region, suggesting profits for The average rent of Q2 Thao Dien at 6% -7% is just a low estimate at the moment. Rever said that this profit with Thao Dien will actually be higher,  reach 8% per year.

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