Location is always a measure of “gold” to value a property, expressed through the distance to the center of the city, the distance to the arterial traffic and the natural waterway.
Thu Thiem Dragon (Thanh My Loi, District 2, Ho Chi Minh City), is one of the rare projects that owns three “expensive” elements of the “most sought-after” property.
The “golden” distance to the center
The value of the property is higher when the distance and time to the center are shortened. The best way to add value to a property is to stay within a radius of no more than 10 minutes to reach the city center.
Possessing “gold” distance to the center, Thu Thiem Dragon is ideally located in Thu Thiem residential area of 34ha, located in the master plan of Thanh My Loi 178ha. From here, residents can go to Ben Thanh market and the busiest roads in the city such as Nguyen Hue, Ham Nghi, etc in about 7 minutes along the direction of Mai Chi Tho and Thu Thiem tunnel. Especially, in the first quarter of 2018, when bridges connecting Mai Chi Tho and Thanh My Loi streets are completed, the traveling time will be shortened to the maximum, ensuring high and sustainable price increase in the medium and long-term for the project.
Price increase “mutation” along the key infrastructure projects
Although not officially opened, Thu Thiem Dragon has quickly attracted the attention and special expectations of the majority of buyers by taking advantage of the infrastructure: immediate access to Metro No. 2 and traffic works.
The Metro is one of the key transport projects that have a critical impact on the City’s future prospects, contributing significantly to the value of surrounding property projects. The evidence is that a series of projects that have been or are being completed near Metro Line 1 is leading the market with increases of 10% – 25%, depending on the distance from there to the train station.
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Rare real estate along the Saigon River
Another unique feature of the property is the harmonious combination of geography and natural water, which helps residents “return” to the “green” living close to nature. It is no surprise that a number of riverfront projects have exploded in the past, targeting medium and high-end consumers.
In the context of the riverside land bank in Ho Chi Minh City is increasingly scarce, the position of “nearby river” continues to be a “powerful” factor to increase the value of Thu Thiem Dragon.
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