In recent years, with the great development of the transportation infrastructure in Ho Chi Ming, the Eastern area in District 2 has attracted a lot of the real estate investors.
The important transportation works have changed the appearance to take the new level in this area such as tunnel cross the Saigon River, Cat Lai intersection, Mai Chi Tho boulevard, especially Ho Chi Minh City-Long Thanh – Dau Giay the highway lines…
The series of high-end residential areas, apartments in District 2, new urban areas are planned, invested and developed such as Thu Thiem ecological urban – where will become the new financial center with the constructions of international stature, the Thanh My Loi senior residential area, An Phu – An Khanh senior residential area, the cluster of three of the most modern urban: Rach Chiec – Saigon Sport City – Him Lam City … The following article will generally introduce about Gem Riverside project of Dat Xanh Group – a project was expected which will heat the Southern area of Rach Chiec market and the Eastern area in the last half of 2017.
The overview about the Gem Riverside project of the South of Rach Chiec
Investor: Dat Xanh Group
Contractors (expected): An Phong
Area of project: 67 142 sqm
Gross floor area: 379 668 sqm
Numbers of blocks: 6 blocks of the high-end apartment providing more than 3100 products
Numbers of stories on each tower: 35 stories
The supportive bank: industrial and commercial Viettinbank
The total of invested capital: 239 145 USD
The information about the Gem Riverside’s investor
The Gem Riverside apartment project is invested and developed by Dat Xanh Group which is one of the familiar investors of the product lines of cheap apartments and the medium apartments. Dat Xanh Corporation has over 13 years’ investment and development experience in the field of real estate, it is in the top 10 of the largest real estate project’s developer in Vietnam, the investor has created many successful projects getting confidence in the customers such as Sunview Town, Luxcity, Opal Riverside… Most of these projects are assured about the quality, construction progress, and full facilities system.
The Gem Riverside is considered as the high-end apartment, it is the strategic product which will elevate the Dat Xanh investor to a new position, so it will be focused on the development resources to achieve the highest efficiency.
Strong points and the weaknesses of the Gem Riverside project
The project owns the prime location. It is located in the cluster of urban which is developed completely with the participation of big investors having long experience and abundant financial resources such as Keppel Land (40% of capital Singapore), Him Lam, Novaland investor and Dat Xanh investor. In the future (about 2-3 years), this area will own the modern, high-class and synchronous infrastructure. The location is in the core center of the South Rach Chiec urban which will help the Gem Riverside limiting the maximum noise, smog and dust from the traffic flows
With 2 faces of the project are surrounded by Giong Ong To river and other channel, so the area has very good environmental quality with the fresh and cool air.
Thanks to its location near the important transportation such as Long Thanh – Dau Giay Expressway, Vanh Dai Trong Street, Mai Chi Tho Boulevard, Nguyen Duy Trinh Street…, the residents live at the Gem Riverside in the future which will easily move to the other areas such as District 1, District 4, Binh Thanh District, Phu My Hung in District 7, the high-end residential areas and the new urban areas in District 2. Especially, the high technology in District 9 is about 2 km from the Gem Riverside, so the residents work at the companies in District 9 which can move conveniently and flexibly.
The series of public utilities are serviced the needs of life such as the public school, the international school, the Fullbright school, supermarket, commercial center (Vincom Mega Mall, Metro, Parkson…), recreation area, the system of international hospital (Thao Dien international hospital, An Phuc international hospital, Family Medical Practice clinic…)
If passing this area, the customers won’t see anything, the parallel lines have not finished yet. However, this project has the participation of the big investors, so these works will be finished in the near future.
On the other hand, in the rush-hour, An Phu intersections are often congested, so the movement is very slow. However, the city has decided to the construction of the tunnel crawl at this intersection to improve the traffic jams.
This is the overview as well as information on strengths and the weaknesses of the Gem Riverside project. Hoping that the client can find the ideal apartment in the East for the investment or residence
See more news information at: Vietnam Real Estate News