As the eastern gateway to Ho Chi Minh City, District 9 is considered a crucial socio-economic center.
The district was recently approved to be part of the newly-established Thu Duc City.
Vietnam’s National Assembly Standing Committee passed a resolution on December 9, 2020 to combine District 2, District 9, and Thu Duc into a single new city.
Henceforth known as Thu Duc City, the 211-square-kilometre area will be home to more than one million people.
Strategically located adjacent to District 1, District 4, District 7, and Binh Thanh District, as well as satellite cities Dong Nai and Binh Duong, Thu Duc City is expected to become a leading financial center for Southeast Asia.
District 9 realizes vast potential
Known as a key center of economy, society, and finance, District 9 serves as Ho Chi Minh City's eastern gateway.
With its prime location and improved infrastructure, the area has become a magnet for domestic and international developers and has also attracted general market interest.
As it grows in popularity, District 9 will soon be considered 'the new District 2.’
Recognized as one of the most crucial large-scale technological zones in the country, District 9 has already attracted a variety of international names, including Intel (USA) with US$1.04 billion in investment, Samsung (South Korea) with $2 billion, and Nipro and Nidec (Japan) with approximately $300 million.
Beyond investment, the area's hi-tech park is home to several training centers, institutions, automated factories, and reputable universities.
Additionally, Schindler, OneHub Saigon (12 hectares), Sense City East Saigon shopping center, Vincom Plaza Le Van Viet shopping center, HUTECH University, Fulbright University Vietnam, FPT University, and more are all located here as well.
The opportunities for entertainment and relaxation, which are highly valued among the academic and professional communities, are limitless.
In addition, the fresh air and convenient location makes District 9 even more attractive to the young intellectual workforce made up of experts, engineers, and professors who are excited about the prospects of the up-and-coming new city.
Experts anticipate District 9 to become an undeniable force for Vietnam's Industry 4.0 technological revolution with its contributions to Thu Duc City's economic development.
Sitting at the center of District 9 is Vinhomes Grand Park.
The new metrocity plays a vital role in shaping the area's infrastructure and elevating the local lifestyle.
Boasting 271 hectares and a world-class amenity system, including Vinmec International Hospital, Vinschool system, Vincom Mega Mall, a 45-story office building, the Manhattan Glory Marina, a light park, an artificial lake, and more, Vinhomes Grand Park is unmatched in scale or offerings.
Nestled at the heart of the project is Masteri Centre Point, the newest development from acclaimed developer Masterise Homes.
Masteri Centre Point: the focal point of District 9
With an aim to introduce an icon in District 9, Masterise Homes saw the potential for the area and set about delivering Masteri Centre Point.
With ten impressively designed towers, meticulous landscaping, and two sets of facilities – a private residents-only collection as well as access to those found at Vinhomes Grand Park – the new project will elevate the lifestyle residents and investors can expect of District 9.
From the outset, developer Masterise Homes has always centralized and prioritized their residents' needs and expectations, ensuring maximum benefits to both physical and mental well-being within each of their residential enclaves.
"Masterise Homes has always been part of Vietnam's development and our projects are regarded as market leaders in their respective real estate segments,” said Jason Turnbull, deputy managing director and chief financial officer.
“With a keen understanding of our future residents' needs, we contribute to the country's urbanization with them in mind.
“Our accomplished team hails from multi-sector companies around the world, expertise which has allowed us to bring Masteri Centre Point to life and create a unique lifestyle community in the new Thu Duc City."
Masteri Centre Point will benefit significantly from the integration of the districts which form Thu Duc City.
The project's location, connection, nature, design, and amenity system will make residents' lives more convenient and enjoyable, delivering everything from work and learning to entertainment and relaxation to their doorsteps.
Vietnamese and foreigners alike will thoroughly enjoy the secure, private, and modern life offered at Masteri Centre Point.