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The Potential Value Of The New City Project

New City apartment

Thu Thiem has the large potential growth thanks to the special geographical location, the center of District 1 is about 300m from here. 

10 years ago, this place was still a wilderness considered as the low-lying area of Ho Chi Minh City. However, currently, Thu Thiem has been planning and synchronous construction to become the new ecological urban and the important center of Ho Chi Minh City in the 21st century, furthermore, it can become the financial center of the region and world.

New City District 2 project is located in the facade of Mai Chi Tho Avenue. With the starting point in the resettlement area, however, this project is designed separately becoming the modern and high-end apartment.

This article will analyze the values of the New City projects to provide the useful information for choosing the residence or investment of the clients in District 2.

The connection of the New City District 2 project to other areas 

New City project is located in the “golden land” – the center of the Thu Thiem new urban area where is planned to become the opened central city with the full subdivisions such as the multifunctional trade and services center, multifunctional residential area, sports entertainment, multifunctional high-rise commercial zones, the administrative agencies of local, international hospital, public works, parks, and resort hotels… In the near future, the residents in the New City project only takes a few minutes to move to: go to work, shopping, pick up their children at international schools, the local administrative agencies. You can enjoy the high-end public facilities in Thu Thiem such as the pedestrian bridge in District 1, the large square in Vietnam (constructed by Dai Quang Minh), museums, theaters.

New City apartment
New City apartment golden location

With the advantages of location, the facade Mai Chi Tho Avenue is one of the backbone road routes in the Thu Thiem urban area. From the project, the residents can easily move to the areas:

  • It takes 5 minutes to move to District 1 through the East-West Highway and Thu Thiem tunnel
    • Or few minutes to come to District 7 through Dong Van Cong-> Vo Chi Cong-> Phu My Bridge or go to Thu Thiem tunnel through District 1-> Nguyen Tat Thanh (District 4) -> Nguyen Van Linh
  • It takes 10 minutes to move to Binh Thanh District through Tran Nao->
    Saigon Bridge
  • Or 20 minutes to come to High-tech Zone District 9
  • You can come to Vung Tau beach by HCMC – Long Thanh – Dau Giay highway with only 1.5 hours or go to Long Thanh International Airport just 30 minutes.
    • You can move to Hanoi highway through Mai Chi Tho Avenue at Cat Lai intersection
    • It is convenient to move to the key areas of the southern economy, the provinces of the Southeast, the Southwest through the highway routes: Highway 1A, East-West Highway, Nguyen Van Linh Avenue, Ring Road, Phu My bridge, HCMC – Trung Luong highway, Long Thanh – Dau Giay highway.

According to planning, Thu Thiem will build 3 bridges linking to District 1 (Thu Thiem 2 Bridge, a pedestrian bridge), connecting with District 4 (Thu Thiem 3 Bridge) and linking to District 7 (Thu Thiem 4 bridge) that make the circulation to these areas easier and more convenient.

Besides, when Metro Line No. 2 Thu Thiem – An Suong goes into operation, it will take the residents a form of civilized, modern, safe and fast public transport.

The attractive price of New City apartment

The expected price of New City Thu Thiem apartment project is from 1670 USD/ sqm-1850 USD/ sqm (the price of the high-end apartment in Thu Thiem area is recorded from 2420 USD/sqm-3080 USD/sqm). Two adjacent super projects are The Sun Avenue of Novaland Group with the price from 1892 USD/sqm-2070 USD/sqm and the Sala Dai Quang Minh apartment with the price about 2420 USD/sqm-3300 USD/sqm.

In addition, you can refer to the list of apartments sold in District 2, here: Selling apartment in District 2 Ho Chi Minh

New City apartment
Full facilities system of New City apartment in District 2

The price of New City project is appreciated best in the region at the present. According to our evaluation, New City project is a good choice for young families with incomes about 1320 USD/ month who want to choose Thu Thiem to invest or reside.
However, due to its location in Binh Khanh resettlement area, sometimes this reduces the value of New City apartment.

New City owns the “golden land” with the strength of the location, the good price, and the potential in the future promising to become the ideal residence for young intellectual families, it is also the profitable investment project attracting to the investors. Hoping that the useful information will help the customers in the process of choosing where to live or invest in Thu Thiem new urban area.

See more news information at: Vietnam Real Estate News

The Potential Value Of The New City Project
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