Capital Residences Capitaland

Summer Residences is the 11th apartment of Capitaland Investor in Ho Chi Minh City. Summer Residences is positioned in the premium segment along with D ‘Edge Thao Dien – a very successful 2016 sale by Capitaland. The following Realestatevietnam share their own views on the project Summer Residences, hope to help you add useful information.

1. Where are the Summer Residences project locations?

Located at 1 Ton That Thuyet, District 4. Located in the center, the connection through the central district is very flexible:

Summer Residences -> Nguyen Hue Walking Street: Travel time 5 minutes.

Summer Residences Apartment -> District 5: Travel time 5 minutes.

Summer Residences District 4 -> Thu Thiem New Urban Area: Travel time 7 minutes.

Summer Residences -> Phu My Hung, District 7 -> 7 minutes drive.

Locaiton of Summer Residences

The plus point of the project is that there is one side of the river, the habitat will certainly be very fresh, cool. What is not the central apartment also. In addition, the project is located at the Ton That Thuyet Road, although the large traffic flows through this segment is not large, the situation is noisy, smoke is very limited.

Difficult, District 4 is contiguous between District 1 and South Districts such as District 7, Nha Be large flow of people into the work center very large. While the transport infrastructure in the area is not up to date. Especially, the bottlenecks at Kenh Te Bridge, Tan Thuan Bridge, Ong Lanh Bridge, Calmette Bridge, and traffic jam happened very frequently.

According to the planning of District 4 to 2020. The area will be built 4 new bridges to solve, reduce the problem.

+ Thu Thiem Bridge 3: To connect Ton Dan street to Thu Thiem new urban area, District 2.

+ Kenh Te Bridge 2: To connect Ton Dan Street to Le Van Luong, District 7

+ Nguyen Khoai Bridge: from Nguyen Khoai – District 7

+ Tran Dinh Xu Bridge: Connect Tran Dinh Xu District 1 – Nguyen Khoai District 4

Some main routes are also extended such as:

+ Nguyen Tat Thanh street widening to 40m, along the urban area at Khanh Hoi port (expected to be implemented by Vingroup)

+ Ton That Thuyet widened 25m and made embankments along Te canal .

2. What is the highlight of Summer Residences Capitaland?

The last two products of Capitaland are Feliz En Vista and D’Edge Thao Dien. Each project is designed with emphasis on design as well as utility. At Feliz En Vista brings a sense of luxury, class. D’Edge brings luxury that is close to nature.

In particular, right in the project, each tower will have designs with distinct accents. Although there is not much information about this project, but according to Realestatevietnam, the apartment is located in the luxury segment, plus the products of Capitaland developed before, the utility project Summer Residences is worth waiting.

The outskirts of the project will make Realestatevietnam not need to say much, with the central location District 4 – the area has full advanced facilities from schools, hospitals, business center, shopping, entertainment, ….

3. / What is the price for Summer Residences?

According to Realestatevietnam information received, the price for Summer Residences in District 4 is expected to be $ 3,000 – $ 4,000 / sqm. There is no official information on the project so Realestatevietnam has not deep evaluation on the price. You can refer to the price of some apartments in District 4

+ Millenium: $3000  /sqm

+ The Tresor: $ 3600 / sqm

Lancaster Lincoln: $3000  / sqm

+ Gold View: $2500  / sqm

4. / How can the investor of the apartment in District 4 Summer?

Capital Capital is one of the largest real estate corporations in Asia with 40% Singaporean capital. The Group currently has over 150 cities in 30 countries, of which the two main markets are China and Singapore. In addition, Vietnam and Indonesia are two potential markets that Capitaland is aiming for in the coming years.

CapitaLand owns one of Asia’s largest real estate investment funds with five trust funds in Singapore and Malaysia:

+ CapitaLand Mall Trust

+ CapitaLand Commercial Trust

+ Ascott Residence Trust

+ CapitaLand Retail China Trust

+ CapitaLand Malaysia Mall Trust

In Vietnam, CapitaLand has been present in 7 major cities, Ho Chi Minh City and Hanoi as the two key areas where most of the projects are concentrated.

Here is a video about CapitaLand investors. You can refer to:

Preliminary information of the project Summer Residences District 4

Project Name: Summer Residences

Investor: Capitaland

Location: No. 1, Ton That Thuyet Street, District 4

Project scale: 5 towers with 24 floors

Total number of apartments: 880

Total investment:VND 4,000 billion.

Commencement of construction: expected second quarter 2018

Expected delivery: 2021

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