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Thu Thiem And Thao Dien Luxury Apartment Attract Foreign Visitors

Thu Thiem and Thao Dien area

Some of the developing areas in District 2 such as Thao Dien, Thu Thiem, Thanh My Loi … gradually become the ideal settlement for foreigners.

From 2015, amendments to the Housing Law that allow foreigners to buy houses in Vietnam are seen as a positive development. In general, the requirements for this object have been specified quite clearly and clearly, thus creating new demand and promising to further promote the development of the real estate market.

Selecting a good investment area in District 2 through the District 2 master plan to 2020 of the People’s Committee of Ho Chi Minh City is synthesized by Vietnam Real Estate.

Currently, legal procedures for owning real estate in Vietnam for foreigners have received very positive feedback from both sellers and buyers after nearly three years of implementation.

According to Our observation, only real estate market TP. In HCM, in the past 2 years, there have been thousands of successful transactions with foreign customers. In 2017, there were many “ceiling” projects owned by foreigners.

luxury apartment in Thu Thiem and Thao Dien area
Foreign visitors are increasingly interested in the real estate market in District 2

More specifically, a project located in the prime location of District 2 opened for sale in the second phase, quotas for foreigners reached more than 30% in a short time and many foreigners did not get a base rate. they. Customers in this sale are mainly from Asia such as Korea, China, Taiwan, Hong Kong and Singapore.

Based on the overall assessment, strategic projects such as District 1 and District 2, particularly Thao Dien and Thu Thiem, with reputable investors are now receiving interest with absorption rates. Very good from the foreign guests.

According to Nguyen Khanh Duy, Director of Savills’ Housing Business Division, in fact, the projects and products attracting international buyers are mainly in the high-end segment, accompanied by quality requirements. A number of works, services in the consulting and sales process as well as the ability to invest, sublease.

However, it is important to limit the number of apartments that allow foreigners to own, with a view to minimizing and preventing negative impacts on the economy and society in general.

luxury apartment in Thu Thiem and Thao Dien area
Many residents of District 2 apartment projects are foreigners

Thao Dien and Thu Thiem are increasingly available

Fully equipped with elements such as: good living environment, convenient transportation, full and high-quality living facilities … District 2 is currently the leading pre- Big businessmen and a whole host of foreign businessmen and professionals working in Ho Chi Minh City. Many areas in District 2 are strongly attracting foreigners to live in. Here are three of the District 2 areas most foreigners are most concerned about:

Thao Dien residential area

Referring to Thao Dien is to mention the area where there is a class community, civilized, favorite place of foreigners when living in Ho Chi Minh City. Thao Dien has an area of 3.75 km, 3 sides are embraced by the Sai Gon River so this area is quite isolated, quiet, with the best quality living environment in Saigon. Thanks to located at the gateway to the East, at the foot of Saigon Bridge and adjacent to Hanoi Highway, this area has excellent transport connections, only 5 minutes to District 1, 15 minutes to Hi-tech Park. District 9. This is also where there is a system of high-end facilities, quite full from major commercial centers, international schools, luxury restaurants … Residents living in Thao Dien mainly middle And upstream, most of them are big businessmen, senior foreign experts. The expat community has been here for a long time, from the French colonial era and growing steadily every year.

Reference projects most foreigners most interested in Thao Dien in 2017: D’Edge apartment project.

luxury apartment in Thu Thiem and Thao Dien area
Perspective of D’Edge project

Thu Thiem new urban area

Thu Thiem new urban area is planned to become a new financial center, symbol of South East Asia, in the near future, this urban area will become the most living place in Vietnam thanks to the weak Fact: 50% of Thu Thiem area is water and trees so the air here is very fresh, cool. The system of high-end facilities, excelling with many national key public buildings, is only 3 minutes from the center of District 1. This will also be the place to gather a lot of representative offices of multinational corporations around the world. Therefore, in the next 3 – 5 years, this area will bring together many senior citizens, especially senior managers and managers working in representative offices in the center of Thu. Thiem. In addition, the development of Thu Thiem urban area will impact, the development of residential areas and surrounding urban areas.

Thanh My Loi residential area

luxury apartment in Thu Thiem and Thao Dien area
Landscape planning Thanh My Loi residential area

This is an extremely prime location, bordering the Saigon River, Mai Chi Tho Avenue and the administrative center of District 2. It takes only 3 minutes to move to Thu Thiem. At present, this place has not been developed as expected as the main route through this area is Dong Van Cong which usually has container trucks passing through (to Cat Lai Port). However, the city has planned to overcome the situation as: Construction Ring Road as a place for moving containers, and the river route connecting Diamond Island on Mai Chi Tho. When these roads form, Thanh My Loi area will quickly develop to its position and potential. This is also a place to attract a lot of foreigners living due to its proximity to the center of Thu Thiem. Some major projects in the Thanh My Loi area such as Diamond Island, Feliz En Vista, Vista Verde …

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Thu Thiem And Thao Dien Luxury Apartment Attract Foreign Visitors
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