Impressive movements after more than a year to the city have helped Thu Duc from a place positioned as an affordable suburb to a livable city with skyrocketing real estate prices.
From affordable suburbs to creative cities, people's living standards are the highest in the country
December 2020 marks an important milestone for the birth of Thu Duc city - the first "city within a city" of Ho Chi Minh City. In the future planning, this place will become a leading economic area, with the spearhead being the knowledge economy, an innovation center, promoting the development of Ho Chi Minh City and the whole Southeast region.
Just a few days after January 1, 2021 when Resolution 1111/NQ-UBTVQH14 took effect, the wave of "Thu Duc City" was discussed throughout all the "gateways" from reality to forums and online communities. line. In the joy of the local people are the accompanying apprehensions about a future called the "city" of the place that was previously associated with the name of the outskirts of Ho Chi Minh City. A place famous for the phrase "university village", "student village" without any other luxurious buildings.
But after only one year and six months of establishment, Thu Duc City has achieved spectacular movements: Contributing 30% of GRDP (gross domestic product) to Ho Chi Minh City and accounting for about 7% of GDP (gross domestic product). of the whole country. Worth mentioning, the GRDP per capita of Thu Duc city has reached 18,997 USD - the highest in the country, this figure is even 3 times higher than the 2nd ranked unit.
Thu Duc City's GRDP per capita is the highest in the country (Graph: General Statistics Office).
Thu Duc city owns the leading economic - science - technology - education cores of the country. It is a high-tech park that accounts for 40% of Ho Chi Minh City's total export turnover. This is also a place to attract foreign investment capital, large corporations such as Intel, Samsung ... This area also has a modern university urban area, mainly Vietnam National University Ho Chi Minh City, Fulbright University next to the University. Nong Lam, University of Technical Education… Thu Duc city also has Thu Thiem new urban area - the international financial - economic center of Ho Chi Minh City.
Most recently, in the future development of this area, the People's Committee of Ho Chi Minh City has issued Decision 318, issuing a plan to implement the project "Formation and development of an innovative and highly interactive urban area in the eastern part of the city in the period 2020-2035”. Accordingly, Thu Duc City will be the main nucleus leading Ho Chi Minh City to become a major center of economy - finance and science - technology across the country.
In just a short time, the whole country witnessed the spectacular change of Thu Duc city, from a suburban place to an economic "kingdom", leading the development of an entire region. A brilliant new future for the people of the region, and for the investors, has already begun.
From the land in the suburbs to where there is real estate worth living, worth owning
The outstanding development of economy and infrastructure has helped real estate in this area turn to a new page, with high prices set. Compared to 2019, the selling price of apartments in some areas of Thu Duc city has been pushed up about 2 times. Three years ago, the highest price of apartments in districts 2, 9, Thu Duc (now in Thu Duc city) was about 30-35 million VND/m2, now the apartment price here recorded the lowest level of 40 million VND. /m2 and the average apartment price jumped to 60 million VND/m2.
In a recent report of the Vietnam Association of Realtors (VARS), Thu Duc City is one of the areas with the strongest real estate price increase. This area is also absent from projects in the affordable segment, whereas the high-end segment is gradually ascending the throne.
The arrival of real estate giants such as BCG Land, Masterise, Vingroup with a series of high-end projects is a proof that Thu Duc City is transforming, putting on the "coat" of real estate ownership. Top luxury real estate.
Perspective of a luxury apartment project in Thu Duc.
In particular, it is worth noting that the Lumiere Boulevard luxury apartment and commercial complex project is located on 2 fronts of Nguyen Xien and 30m inside - the busy commercial routes of Thu Duc. With modern planning, smooth connection to areas such as high-tech park, Thu Thiem financial center, National University urban area, Ho Chi Minh city center... through Le Van Viet arterial roads, Hanoi Highway, Pham Van Dong and metro line 1.
In addition to the expensive location, the project also impresses the market with the architectural icon of 5 towers from 25 to 35 floors, designed in the European architectural language, creating a facade with impressive curves, along with modern art. Impressive lighting art by world artists. According to the representative of the Masterise Homes project developer, the "ambitious" project is created for Thu Duc city to be a proud symbol, becoming the pride for the people of the area. Lumiere Boulevard will be a piece to upgrade the dynamic and groundbreaking appearance of this city.
Luxury facilities at Lumiere Boulevard - one of the high-end apartment projects in Thu Duc City
Along with that is a system of high-class facilities such as: Indoor resort oasis, unique nature shopping mall, aerial walkway, gym, spa, BBQ... Masterise Homes also said, management operating the project is Atelia - one of the world famous hotel management brand. A representative of the project developer said that Atelia will perfect the luxury living standard of Lumiere Boulevard residents, bring resort-standard operating services to daily activities, help residents experience and enhance their style. living.
Project website: Lumiere Boulevard Apartment