Thanh My Loi (Q2) is the hot spot of Ho Chi Minh City real estate by the attractive price increases and promises to increase value in the coming time.
The wave of investment began to land
According to market analysts, in 2018, the growth of HCM City’s real estate market in District 2 increased the most in Thanh My Loi area, when the bridge crossed the island of Kim Cuong be inaugurated in the near future.
According to a forecast from Savills, during the 2018-2016 period, the market is expected to add 68,000 apartments from 65 projects. District 2 occupies a majority with 46% of the market share, explaining this in district 2 near the center of the city, beautiful view, Saigon river and infrastructure system. Well done, especially in the area of Thu Thiem and Thanh My Loi, these two areas are very empty.
This has been proven from the end of 2017 to now, the real estate market in Ho Chi Minh City is very exciting, a wave of investors landed here to “hunt” the land fund. Talking about the apartment segment in Thanh My Loi area can not fail to mention prominent projects such as Mapletree’s One Verandah project, Novaland Group’s Victoria Village, Capitaland Vista Verde and Thu Thiem Dragon residential area. Thiem Villa …
So in the near future, Thanh My Loi is expected to be completed by 2020 in the area of infrastructure, transportation and promises that will really become a new residential area of the city.
Real estate projects in Ho Chi Minh City Thanh My Loi
A specialist in real estate said that the traffic through Diamond Island has formed a new traffic – connecting the route along the Saigon River into Mai Chi Tho. Therefore, the real estate market in Ho Chi Minh City will set up a new price with the average price increase ranges from 30 to 50% compared to 2017. Along with that, Thanh My Loi still own potential value added by the most synchronous infrastructure system in District 2, no floods, many parks with a total area of 50 hectares …
Welcoming the bridge over Diamond Island, Rio Land Real Estate Investment JSC launched Thu Thiem Dragon project. The project starts at the end of Q3 / 07. Thu Thiem Dragon is located in Thu Thiem Villa area with an area of 34 ha, located next to Sala urban area and surrounded by convenient center in District 2 with Thanh My Loi Park, District 2 People’s Committee, AIS International School, Saigon Star International School, District 2 Hospital, Metro An Phu …
The Thiem Diem Dragon project has a size of 5,200 sqm, building 23 floors. At present, the price of Thu Thiem Dragon 1-bedroom apartment is about VND1.5 billion / unit, the two-bedroom apartment is in the range of VND2.2 billion. According to the representative of Rio Land, this price is due to the advantage of land fund, the experience of project developers of investors Thu Thiem Corporation and the investor’s efforts to increase the ownership for buyer.
In addition, the heart of “hot spots” in Thanh My Loi is the Victoria Village Project of Novaland Group – The project is located on 4 fronts including Dong Van Cong, Truong Van Bang, Lam Quang Ky and Tran Mong Compliance. Victoria Village is considered as a golden triangle connecting three major urban areas of Ho Chi Minh City: Thu Thiem – Thanh My Loi – Saigon South. This is considered typical of the property to help investors, residents enjoy the full value of the natural environment as well as the infrastructure and planning.
Victoria Village is also very convenient when it is located adjacent to District 2 (District People’s Committee, Taxation Department, District 2 …) and the extra-convenience zone (Lotte Mart, Metro Saigon Snowtown, Rach Chiec Sports Complex, AIS International School …).
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