How much is Gem Riverside apartment? Is this price squeeze reasonable? The following article gives us an assessment of the price of the Gem Riverside apartment due to the surrounding apartment projects and the potential for the future increase of this project.
Gem Riverside Apartment District 2 is invested by Dat Xanh Group investment and development located right frontage
Central High Speed Highway in the center of South Rach Chiec. Being one of the developed urban clusters attracted many big investors poured on construction investment, convergence of many apartment projects District 2 premium.
The article Gem Riverside Green Land District 2 includes:
Overview of the Gem Riverside project
The price of the Gem Riverside apartment compared to the area
Potential of Gem Riverside
Overview of Gem Riverside apartment project
Investor: Dat Xanh Group
Total project area: 67,142 m2. Scale: 6 towers, 35 floors
Total number of apartments: about 3100 apartments
Floor area of construction: 379,668 sqm
Building density: 18%
General contractor (expected): An Phong contractor
Construction Supervisor (expected): Apave
Bank guarantee: Vietinbank Industrial and Commercial Bank guaranteed and sponsored
The price of the Gem Riverside luxury apartment compared to the area
According to our records, the expected price that the owner of Green Land will sell to the market is from $1,200/sqm. Currently, within 1 km of the Gem Riverside project the following rates are available:
- Paml Heights project of Keppel Land investor next to Gem Riverside is $1,500/sqm
- Astoria – Homyland 3 project costs from $1,200/sqm
- Jamila project by Khang Dien investor is $1,100/sqm
- Centana Thu Thiem project by Dien Phuc Thanh is priced at $1,300/sqm.
It can be seen that with the expected price of the luxury apartment project Gem Riverside of Dat Xanh Group compared with the general premises in the South Rach Chiec urban area and some neighboring projects is quite good, especially while The Gem Riverside project is at the forefront of nail preparation, pile driving and potential for future price increases. This is a good time to buy for investors.
POTENTIAL INCREASE OF GEM RIVERSIDE APARTMENT PROJECT
Good location, convenient transportation connection
The Gem Riverside apartment project is designed along the Giong hill to make the Gem Riverside project a fresh and cool living environment. With its location in the heart of the South Rach Chiec urban area, future residents will be less affected by traffic noise and dust.
Possession of the advantage lies in front of CaoThanh road, close to the main arterial roads, the major traffic works such as Ho Chi Minh city expressway – Long Thanh – Giau Day expressway, Vo Chi Cong road, Mai Chi Tho Avenue, Cat Lai intersection, Hanoi Highway, Saigon River tunnel (Thu Thiem Tunnel), Phu My Bridge… From the project Gem Riverside future residents easily move to the area of the city: only 10 minutes by car to the center of District 1, only 15 minutes to Phu My Hung District 7, only 10 minutes to move to the high-end residential area of An Phu – An Khanh, “Thao Dien West Village”, 10 minutes to move to District 2 administrative center.
A unique advantage of the traffic connection is Gem Riverside is only about 2 km away from District 9 technology. This is the focus of many corporations, technology companies leading the world. Demand for rental housing will increase dramatically as technology companies start operating in the near future.
The infrastructure of Rach Rach Chiec area is developed synchronously and modernly.
At the present time, when you visit the area of South Rach Chiec, have not seen the overall of this urban area, only the Lake City City of Novaland investors has begun to become. On the Pamp City project of the Singapore developer Keppel Land is building the Paml Heights apartment on the second floor, in addition to the Gem Riverside project and surrounding projects such as Sport City, Him Lam City. … not yet formed. Although it started a little slower than the surrounding projects, but according to our opinion, that brings a certain advantage for the Gem Riverside apartment project, that is when the project is completed, the infrastructure in the area is almost complete, the residents living here can enjoy the modern high-tech facilities around the local utility system that the owner of Green Land designed construction.
Gem Riverside is assessed to raise the level of Green owner
Green Land Owner has been a prominent investor in the segment of low and mid priced apartments. With the projects are executed in accordance with the quality of commitment, exceeding the construction schedule such as: Sunview Town (Thu Duc) with a scale of 1603 apartments, handed over 06 months earlier than the contract or Luxcity apartment project (District 7) handed over 4 months earlier than the contract… The Gem Riverside project is expected to be the stepping stone of Green Land, so it can be believed that Gem Riverside will continue to be another success of this investor.
The above is a review of the price and potential increase of the project of Green Riverside apartment project, hope to bring new perspectives, new information for customers are interested, know about this project.
See more news information at: Vietnam Real Estate News