With the number of apartments offered to the market is estimated to reach over 98% in the 3,000 baskets only from commencement (2014) until delivery (April 2017), can prove one thing that Masteri Thao Dien apartment project succeeded beyond expectations.
The latest project of Masteri brand is Masteri An Phu project which is expected to be launched in March 2017. It is expected to achieve many successes such as “Masteri Thao Dien’s predecessor” with good deposit amount high.
Masteri Thao Dien – “The trump card” of investor Thao Dien Investment
By the end of 2014, Masteri real estate brand has launched the real estate market in Ho Chi Minh City with the project Masteri Thao Dien luxury residential area in Thao Dien Ward, District 2. This is the first project located in Masteri’s development strategy to meet the diverse needs of the market with three real estate product lines: luxury projects, high-end projects and modern projects.
During the nearly three years from 2014 – 2017, Masteri Thao Dien is a bright spot in the East of Ho Chi Minh City, has a special appeal in the market. The highlight of this project is to be developed as a professional investor model – quality contractor – reputable bank – strong partner. The quality and tempo of the Masteri real estate are ensured by a large number of big names involved in the project. That is the Vingroup Group – the leading real estate group in Vietnam as the investor of Vincom Mega Mall Thao Dien, an important item of the project; Contractor Coteccons Construction JSC, experienced unit to execute high-level projects.
Moreover, from the time the project was launched (October 2014), when the Real Estate Business Law stipulated that the investor had to make a guarantee for the project that had not yet been implemented, Masteri had Proactively pioneering cooperation with Techcombank – a leading commercial joint stock bank in Vietnam, to manage capital sources, ensure the cash flow of customers put into projects are invested for the right purposes, works implemented on schedule. At the same time, Techcombank is also responsible for cases where the investor fails to deliver the apartment on time. The transparency and security of customers’ interest in the progress and quality of the works right from the date of publication has made customers put firm confidence in the project.
Notably, the selection of partners also aims to bring much useful value to improve the quality of life for residents. Specifically, the investor has cooperated with Vingroup Group to build Vincom Mega Mall Thao Dien commercial center within the Masteri Thao Dien project. Shopping mall with the largest scale and modern in the East of Ho Chi Minh City, coming into operation on December 24, 2015, will be where the residents of Master Thao Dien project enjoy the activities of shopping, entertainment Granted at any time.
In addition, to ensure the operation of the facilities and infrastructure of the residential area in a professional manner, Thao Dien has selected Savills Vietnam Company – a prestigious global real estate to manage Masteri Thao Dien high-end residential service management. With the strict requirements and management standards set by the owner, Savills Vietnam representative said that it would bring the most experienced staff and experts to build the management service of the area. The inhabitants meet international standards, create a humane environment, friendly and harmonious with nature while ensuring security and safety for the residents of Masteri Thao Dien.
Mr. Nguyen Ba Duong, Chairman and CEO of Coteccons shared: “Masteri Thao Dien is the most meaningful project for Coteccons: the project has the fastest progress (30 months from the survey). , Design to completion handover); High rise project has the largest floor area (43 floors with more than 370,000 sqm floor); And the project has the largest value up to now (over VND 3,000 billion). This is a project of special importance to Coteccons, we are committed to work on schedule and ensure the quality of the work at the highest level.
With the strength of cooperation with leading corporations and corporations, Masteri has become one of the most successful real estate brands in the past three years.
Masteri An Phu successively from the “predecessor” Masteri Thao Dien
Following the success of Masteri Thao Dien, Masteri An Phu’s “juniors” project is also showing its level of attractiveness to real estate investors as well as customers buying to stay. Accordingly, the project has not been officially opened but the number of reservations is increasing day by day. Vietnam Real Estate latest report shows that the number of customers booking Masteri An Phu apartment has far exceeded the 700 mark out of the total of 900 apartments that investors launched to the market. Many experts predict the number of bookings for the Master An Phu project will increase even more, reaching the threshold of 1000 seats before the official opening date, expected in August – September 2017.
Like Masteri Thao Dien, Master An Phu owns a prime location right in front of Ha Noi Highway (District 2), the hottest area on the city’s real estate map. Located adjacent to Thao Dien District 2, Masteri An Phu inherits all utility values in the area: a dense river system that creates a fresh ecological environment, Ben Thanh – Suoi Tien metro line, Prestigious international trade centers and schools, modern bridges and roads, etc., in which the role of Metro Line 1; The Saigon Bridge connecting District 2 with Binh Thanh and Thu Thiem Tunnel connecting District 2 with District 1 center is very important.
In addition, one of the key successes of the Masteri brand is the choice of strategic partnerships with strong partners such as Vingroup, Techcombank, Savills … to ensure the effectiveness of the project and the benefit for customers.
It can be seen that, contributing to the success of the Master An Phu project has a “favorable time”, due to the hot real estate market again, positive policies allow foreigners to own any property in Vietnam, demand for investment and ownership of luxury apartments in the East increased, however, the prime location and quality project are still two important factors that make this attraction.
Masteri An Phu owns an attractive price of VND38-40 million/sqm, 10-20% lower than the Ha Noi Highway
Overview Master An Phu:
- Project title: Master An Phu Apartment
- Investor: Thao Dien Investment Joint Stock Company
- Address: Front of Hanoi Highway, An Phu Ward, District 2, Ho Chi Minh City. Ho Chi Minh
- Main contractor: Coteccons
- Bank for project guarantee: Techcombank
- Total project area: 10,000sqm
- Scale: The two towers are about 33 stories tall, with about 900 apartments
- Apartment information: 1 bedroom (46sqm), 2 bedrooms (62-68sqm), 3 bedrooms (90sqm)
- Commencement: Quarter IV – 2016
- Expected handover: expected fourth quarter 2018
- Estimated selling price: VND 38 – 40 million / sqm
You are reading the article “Explaining The Success Of Masteri Thao Dien And Masteri An Phu” in the section “Real Estate News” on the website: realestatevietnam.com.vn/.
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