The River Thu Thiem: New Worth Investment Project in the New CBD of HCMC?
Thu Thiem in District 2 of Ho Chi Minh City has been the top spot for luxury real estate project investors. This new urban area is planed by the City to become the new financial district and has been compared as a new Pudong or Kowloon of Vietnam. The area is famed with many prestigious projects like Empire City and Metropole Thu Thiem. Now it is welcoming another one: The River Thu Thiem.
The River Thu Thiem is now under booking phase with the below information. Let’s have a look:
The River Thu Thiem with spectacular view to the river, Landmark 82 and the CBD
Booking information now is available as:
- Project Location: Nguyen Co Thach Street (Besides Thu Thiem Bridge 1 and Saigon River, Functional Area 3.15 & 3.16 in Thu Thiem New Urban Area, Binh An Ward, District 2, HCMC)
- Developer: Refico Group & CII Company
- Land Area: 15.378m2
- Status: Building
- No. of Units: Total: 1140 units
- First Launch: 525 units
- No. of Tower: 3 towers
- Unit Size: 1 Bedroom: 57m2; 2 Bedroom: 77-82m2; 3 Bedroom: 119-125m2; 4 Bedroom: 185m2 (Pool Villas, Penthouse/Duplex)
- Tenure: Free hold for Vietnamese and SPA for Foreign Quota
- Expected Price: around $7000/m2 (excluding tax)
Spectacular view from the units that can see the river, firework from Landmark 81 and the CBD
The project has appointed few agencies to promote for the launch which is expected to be within this Q2/2020:
The floor plan is also released at its early stage with 03 main towers as below:
With the design that tilts all of the layouts to an angle with the river to make sure most of the units will have a nice view to the river, central lake or CBD
Also with the quick forming of the Thu Thiem Bridge 2 and the start of the pedestrian bridge connecting District 1 to Thu Thiem, the projects within Thu Thiem area will soon gain the good yield
The Reason Why The River Thu Thiem?
There are many reasons to expect and The River Thu Thiem will join with Empire City and Metropole Thu Thiem to create a magnificent face for this new CBD, making not only District 1 but the whole of Ho Chi Minh City look spectacular every night.
However, although it is located in a “sensitive” location, the legal license is the strength of The River Thu Thiem when:
- The launch will be this Q4/2020
- Sale and Purchase Agreement will be ready around June 2020
- Expected handover: Q4/2021
Unlike other projects which are currently under slow construction after the launch, The River Thu Thiem is currently in the process of constructing foundation to meet the expected handover schedule.
Located next by the Thu Thiem Bridge 1, the construction can be observed very clear:
Booking is only available till 21st Feb, 2020. 10 days more to go at 200,000,000 VND/unit ~8,800USD (Refundable)
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Realtique Co., LTD
94 Xuan Thuy St., Thao Dien Ward, District 2, HCMC