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Decoding 8 Factors That Make Palm City District 2 Become Interesting

Palm City

The Palm City District 2 project is attracting a lot of attention not only property investors and customers but also the media. Why is Palm City so attractive? Let Vietnam Real Estate decode the 8 reasons why this project is so hot.

Nice location

Nam Rach Gia Chiec is renowned for its beautiful location, overlooking the river stretching for more than 2.7 km, along with extensive greenery systems. Most prominent in Nam Rach Chiec is the project Palm City District 2 with the functions of a modern urban area most in East Saigon. Palm City is planned to include apartment, townhouse, villa and office buildings.

Palm City project
Perspective of Palm City, District 2

From Palm City, residents easily connect the transportation network to District 1 (15 minutes along the inner ring road), to District 2 center (10 minutes along Song Hanh street) or connect District 7 via the Ring Road Belt through Phu My Bridge.

Competitive price in the area

Palm City’s initial selling price is extremely attractive and competitive compared to existing product lines in the region. Accordingly, with only VND 2 billion, customers can own a luxury Palm City apartment and also an ideal place to settle in the East.

Analysts from Vietnam Real Estate showed that many high-end condominium projects in District 2 had an average asking price of VND 45 – 60 million / sqm, of which the project in Thanh My Loi area had a reasonable asking price. From VND  45 to 55 million / sqm, An Phu An Khanh area is about VND 60 million / sqm. In some cases, Song Hanh Street has some asking price of VND  150 million /sqm – VND 50 billion / unit. Some of the high-end apartments in Palm Springs in District 2 such as Estella Heights’s price is at $ 50 million, Vista Verde’s price is at $ 35 million, The Sun Avenue’s price is at $ 38 million, Feliz En Vista’s price is at VND 39 million / sqm, Dai Quang Minh Sala’s price is from VND 50 million /sqm … From this scale, it can be said, Palm Heights – Palm City’s price is from VND 32 million / sqm.It is extremely competitive. Currently, Palm Heights’s 816 apartments are no longer available when most apartments have found their owners.

This is also a prerequisite for investors to decide to buy Palm City apartments in the first sale with reasonable price and flexible payment method. Accordingly, customers pay only:

Deposit 10% of the value of the apartment including VAT

15 days after payment of 10% of the value of the apartment including VAT

The payment phase after payment from 1 to 1.8%, until the handover of the customer house only pay about 50%.

Upon receipt of the apartment expected in June 2019, customers pay only 45% of the value of the apartment and VAT included.

The remaining 5% will be paid upon receipt of the pink book.

>>> Read more: Palm City Apartment Creates The Perfect Future For You

High investment opportunity

Another factor that makes investors decide to spend money on Palm Heights Palm City is the high investment potential. This is easy to see when the housing market in District 2 is significantly changing the infrastructure, making the project here attractive and easy to sell or lease. Besides, when Samsung factory located in district 9 is in operation, foreign experts will have special needs to rent housing around District 2 and District 9 very high. In particular, Palm City will be the first choice of experts from many parts of the world, creating liquidity for investors, at the same time, and increasing the potential for prices for apartments.

A prestigious investor

Keppel Land is one of the foremost and largest real estate developers in Vietnam with a number of top class projects such as Villa Riviera, The Estella, Estella Heights, Riviera Point and Saigon Center.

 Palm City project
Keppel Land is the main investor of the Palm City project

Meanwhile, Tien Phuoc Real Estate JSC is one of the veteran real estate investors and developers in Vietnam. The most notable projects of Tien Phuoc include: Le Meridien Hotel, Empire City & Senturia Garden …

Last but not least, Tran Thai Co., Ltd. Tran Thai was established in 2001 and is principally engaged in the field of real estate investment, real estate, tourism and hospitality, travel services and more.

With well-known and reputable investors, understanding the buyer’s desired life will be a solid backbone for the value of the Palm City project.

Execute construction techniques

With the advanced structure of the wall, Palm City apartment project is a striking difference between the “crowd” of hundreds of other apartment projects.

According to the analysis of the Architects, due to the technique of bearing walls using pre-prestressed concrete, the ability to bear high load is limited to beams. In addition, the beam step divides the floor less so the beam is not cut across the house. These two factors make the interior space more open, the ceiling as well as extended and, in particular, minimize dead corners in the home, facilitating the design and interior decoration.

Palm City project
Palm Heights – Palm City apartments are invested by the owner of advanced wall technology

One outstanding feature of this technique can not fail to mention that it is easy to execute, the progress of the handover of the house is advantageous because it does not have to pile formwork. Construction time is expected to be shortened by 25% compared to normal brick wall construction but still provides good strength with better bearing capacity. See Palm City’s construction specifications.

System of utilities synchronized and class

Palm City project
Perspective of the park at the Palm City project

Not only outstanding architecture combined with harmony natural space but Palm City project also create a system of utilities with a full range of service life style from lion Singapore.

The most striking feature of the hotel is the remarkable combination of 29 local amenities, including the international standard swimming pool, commercial center, entertainment area, school and hospital system, Sports area or children’s play area. This contributes to the creation of a life of utility with a range of services that meet the essential needs right at the door of families.

Ideal transport infrastructure

When the two-way tunnel with the total investment capital of more than 1000 billion at the An Phu intersection will be put into use in the future, surely many real estate projects in East Saigon will benefit greatly, Sale of apartments in this area increased and contributed to opening up great investment opportunities. One of the projected apartments that is expected to increase strongly from this proposal can not fail to mention the Palm City project.

Palm City project
Infrastructure planning at An Phu intersection

According to the latest report and analysis, only in December 2016, average land prices for many roads located in districts 2, 9 and Thu Duc in the east of Saigon escalated. Benefit from infrastructure. The popular increase is about 5-10%, the highest up to over 40% over the same period in 2015. This shows that the East Saigon has not cooled down.

Certainly, quick and smart investors can not ignore the attractive investment opportunities at Palm Heights – Palm City. In addition, those who are looking for a classy, convenient transportation should not miss the opportunity to own modern design apartment with the synchronous and important convenience moving to the neighboring provinces, it’s easy to quickly get to the inner city like Palm City.

A civilized and prosperous population

With the quality of life priority, Keppel Land is keen to turn Palm City District 2 into the most rewarding project today, highlighting a variety of utility systems, living space and harmony. Blue comes with a community of civilized, humane and prosperous people. In addition, the 24/7 security system helps ensure a safe and secure life for you and your family.

Palm City project
Palm City is one of the most rewarding projects in the East Saigon area

In addition, Palm City District 2 also provides families with a perfect living environment to enjoy life, improve health with low building density, the project area is largely focused on space trees and natural scenery.

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Decoding 8 Factors That Make Palm City District 2 Become Interesting
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