Thu Thiem Dragon is a high-end apartment project invested by Thu Thiem Investment Corporation. The project will be introduced on the morning of 19 October 2017 here.
With information on the project has been announced in terms of scale, utility and quality apartments, the price from VND29 million / sqm of Thu Thiem Dragon is a good price for the riverside apartments in HCMC.
Selling price “salute” of the Thu Thiem Dragon apartment project attractive
This is a project developed after the other famous projects in the same area “hot” Thanh My Loi as Diamond Island, Vista Verde, Feliz En Vista, Waterina Suites, … the price of Thu Thiem Dragon investors offering just VND29 million / sqm is good price in the group of riverside apartment projects and compared with projects in the area.
The sale price of Thu Thiem Dragon is at VND29 million / sqm. Meanwhile, the prices of four other projects in Thanh My Loi are:
- One Verandah: estimated VND43 – 49 million / sqm
- Feliz en Vista: From VND39 million / sqm
- Vista Verde: From VND40 million / sqm
- Waterina Suites: From VND68 million / sqm
Looking at the price of Thu Thiem Dragon compared with 4 other projects in the area of Thanh My Loi, we can see that the price of Thu Thiem Dragon is quite attractive. This price compared to the apartment market in the same region has a lower price index of 20% – 40%. The project is a good choice for residents who want to live in Thanh My Loi area – a relatively synchronous development area in District 2, easy connection to District 7 through adjacent Phu My bridge and have a reasonable budget.
Selling price of Thu Thiem Dragon Apartment compared with other projects in the same segment
Will Thu Thiem Dragon own the potential for future price increases?
In the future, the value of Thu Thiem Dragon apartment will depend heavily on traffic factors. According to the plan, Thanh My Loi roads are in progress and completed such as bridges connecting Mai Chi Tho Boulevard with Diamond Island, Thu Thiem 4 Bridge connecting Thanh My Loi with District 7, close the Ring Road 2, … These infrastructure projects will be completed soon in 2018 – 2019, so as soon as the handover of apartments, transport infrastructure in the area has completed, increased potential Raise the price for the project for both investors to buy for resale or investment for rental.
In addition, the value of the Thu Thiem Dragon apartment project is increasingly confirmed by the scarcity of riverine properties at the present time as well as in the future. Up to now, there are only 11 large riverside projects with the selling price of VND40 million / sqm. This is also a factor that customers may consider when choosing a Thu Thiem Dragon apartment.
In addition, the project has a positive return for its mid-end segment: the 346-unit flats on the project create privacy compared to the current riverside projects.
However, it should be noted that the attractive purchase price for a property such as the Thu Thiem Dragon apartment project is also limited. Investor Thu Thiem Dragon has controlled the number of apartments supplying to the market. The whole project has more than 300 apartments sold. Therefore, if you intend, customers should quickly find out and select the suitable apartment for the project of Thu Thiem Dragon apartment.
Overview of Thu Thiem Dragon project
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