The opening of phase 1 of the water music zone at The Global City is receiving positive feedback. Where will be the next bullish push?
According to Masterise Homes, The Global City in September is particularly attracting the attention of many customers. Partly because the market is warming up after a dark month, combined with the bright spot of opening credit rooms for banks, partly thanks to the heat of the opening of phase 1 of the water music zone in the big city.
The opening of phase 1 of the water music zone confirms the heat and the push to increase prices for The Global City
It can be said that this is one of the first pushes for the value of The Global City and the SOHO townhouse subdivision that is open for sale. It is expected that The Global City will continue to receive many price increases from the utility milestones of the project and the surrounding infrastructure.
End of 2022, beginning of 2023
According to the plan, The Global City will open a model house and a lifestyle hub and put into operation the entire 2 km long artificial canal system by the end of 2022. By early 2023, the entire system of green parks along the canal will be completed.
The Global City continues to open the model house and lifestyle hub at the end of this year
These will be the "magnets" to attract tourists and residents to The Global City, affirming the "new center" of Ho Chi Minh City. The attraction of utilities partly paints the busy and bustling scene of the new center, affirming the commercial potential and future promotion value of SOHO townhouses.
Mr. Ha – an investor in Ho Chi Minh City shared: “I have chosen to buy SOHO townhouses since May, recently when the project opened the water music area and held The Fountain Festival, there were people My friend in Hanoi contacted me to ask about this project. It can be seen that the buzz of the event is significantly increasing the need for investment in The Global City. I believe that the more complete the project is, the higher this demand will be, increasing the value of my investment product.”
From 2023 to 2024
This is the time when The Global City continues to deploy large-scale infrastructure facilities of the megacity such as 123,000 m2 Grade A shopping malls, hospitals and international schools. These works affirm the worth living value of The Global City, according to Masterise Homes' estimate, the population size in this megacity can be up to 37,000 people; At the same time, this is also an abundant source of potential customers of SOHO townhouses, promoting investment value.
From 2025
The Global City has two fronts bordering the two most important roads in East Saigon: Ho Chi Minh City - Long Thanh - Dau Giay expressway and Do Xuan Hop street - a connecting route throughout Thu Duc new city (District). 9 old). Thanks to that strategic location, the megacity benefits from many major traffic projects being heavily invested by the Government and Ho Chi Minh City.
In the middle of May 2022, the Ministry of Transport has prepared investment plans to expand the Ho Chi Minh City - Long Thanh - Dau Giay expressway. It is expected that by the end of 2025, the expanded expressway will be put into operation at the same time as the inauguration of phase I of Long Thanh airport, the nation's largest infrastructure project to help Ho Chi Minh City and other provinces "take off" with international friends, competing with the hub model in Singapore, Thailand…
Long Thanh airport alone is expected to serve 100 million passengers/year when it comes into operation, most of the passengers going to/from Long Thanh airport are via the expanded Ho Chi Minh City - Long Thanh - Dau Giay expressway. know how much traffic on this road.
In addition, the roads around the project are expected to complete the expansion plan such as Do Xuan Hop street to 60 m, Nguyen Duy Trinh street to 30 m, Lien Phuong street connecting radially, Metro line No. belt 2 and An Phu intersection.
"Foreign" impact
Masterise Homes officially cooperated with Druce - a leading real estate consultant from the UK - to "export" the high-rise products of The Global City to international markets.
Another driving force behind The Global City's price increase, according to Mr. Gibran Bukhari - Sales Manager, Masterise Homes is foreign capital. “We now have a plan to 'export' The Global City's high-rise products to international markets, through cooperation with Druce," said Mr. Gibran. “As the world gradually reopens, Masterise Homes confidently brings its world-class products to the international market to introduce and attract investment. That foreign customer file will contribute to increasing the heat and investment value of The Global City.”
The Global City is a pioneering international standard urban complex in Vietnam designed and planned by the world's leading architectural firm from the UK Foster + Partners.
With a scale of 117.4 hectares, The Global City is positioned to become a symbolic urban area of the whole Southeast Asia region, a new center of Ho Chi Minh City with full facilities, promising to bring a comfortable and modern living space according to international standards for residents in particular.
Learn more about The Global City : https://masterisesaigon.com/the-global-city/
