Thu Duc city is a special name that attracts investors and people interested in real estate thanks to its many advantages, potential and strong rise at the present time. It is thanks to this special attraction that projects located in the Thu Duc city area also become a "golden land" that is sought after by investors.
Market outlook and absorption of housing products
According to CBRE's analysis, for the Ho Chi Minh City market, 2020 has witnessed a big change in the supply of apartments offered for sale in both quantity and product segment. In 2020, the whole city has 17,272 apartments offered for sale from 21 projects. The market recorded a different recovery between the mid-end, high-end and luxury segments. In particular, the high-end segment recorded very rapid growth thanks to the supply from large urban projects Vinhomes Grand Park and Masteri Center Point in District 9.
Currently, the trend of moving to satellite urban areas with well-connected infrastructure is clearly forming. Especially in the East of Ho Chi Minh City, it is increasingly attracting investors and buyers to stay thanks to good connection infrastructure and the establishment of Thu Duc City. It is expected that this area will be the place to live and work for a large community of experts and intellectuals at home and abroad. Most of them are Korean and Japanese…
The transformation of Thu Duc city
Talking about the potential of Thu Duc City, Ms. Pham Ngoc Thien Thanh, Deputy Director, CBRE Vietnam commented: “Thu Duc city was formed with many expectations from both the government and the people. In fact, people are willing to move much longer distances than before, to find a home in a well-planned area, with professional management, full facilities and utilities. integrated, and more importantly, more affordable prices, thanks to long, flexible payment terms and linkages with banks.”
Currently, foreign experts or Vietnamese entrepreneurs often choose to live in residential clusters with many high-end projects such as Masteri Thao Dien, Masteri An Phu or Estella An Phu in District 2. Because this area is also located in District 2. focus on many international schools, accounting for 25% of the total number of international schools in Ho Chi Minh City, meeting the learning needs of families of experts.
In addition, it can be seen that besides the quality of apartments and convenient location, people also need a community with amenities and facilities such as international schools, shopping centers, parks, green areas. These facilities will hardly be fully available in single projects, but only in complex and large-scale projects such as The Origami, Masteri Center Point and the next phase of the Vinhomes Grand Park urban area.
What to expect in the real estate market of Thu Duc city?
Looking to the future, real estate expert CBRE commented: “Infrastructure projects and the real estate market are always closely related, while infrastructure projects always have a lag, the growth of Real estate is always quicker to catch up. Looking at this direction, and looking at the next 3-5 years, we can see the potential and the demand for Thu Duc City will only increase, but it will be difficult to decrease.
Masterise Homes boldly invests in Masteri Center Point, contributing to changing the face of Thu Duc City in the future
In particular, urban projects with a full range of commercial, office, service, facilities, and utility items can provide a full living environment, helping to quickly form a residential community. New products in the area such as Masteri Center Point will be a favorite product of buyers in the coming years. In particular, the factor of the investor's name and reputation, strong financial potential, flexible and long-term sales policy, also helps to attract and support a lot of home buyers.
With a reputation that has been confirmed in the market through a series of projects that have resonated before such as Masteri Thao Dien, Masteri An Phu, Millenium..., Masterise Homes boldly invests and cooperates with leading partners in the world. creating Masteri Center Point in the center of District 9, contributing to changing the face of Thu Duc City, marking the presence of one of the residential projects that fully meet the innovation, improvement and high-class elements. . The 10 towers of Masteri Center Point will create an outstanding architectural mark between the green of the landscape and modern utility systems.