The recent formation of Thu Duc City under Ho Chi Minh City has sparked interest across all sectors, from economy and finance to culture and society.
As a result, the ‘new’ city has seen an influx of diverse investors, particularly from within the real estate segment.
Real estate: Vietnam’s most promising sector
Despite the ongoing effects of COVID-19, Q1/2021 saw the Vietnamese GDP increase to 4.48 percent, a growth rate of 3.68 percent compared to the same period last year.
Citing this increase, experts suggest the country’s real estate market remains the most stable investment channel, particularly for visionary developers who are quick to respond to buyers’ strict and evolving requirements.
According to CBRE Vietnam, Q1 also saw an 80 percent absorption rate among new projects, a positive sign, particularly as the high-end and luxury segments lead the market.
Eastern Ho Chi Minh City, a strategic imperative for Masterise Homes
Following the January 1, 2021 merger of three eastern districts – District 2, District 9, and Thu Duc District —Thu Duc City sits at the forefront of Ho Chi Minh City’s Industrial Revolution 4.0.
Dubbed a ‘creative urban area,’ the eastern hub is fast becoming the epicenter of economic and educational development.
More than a name change, many anticipate the creation of Thu Duc City as a bright opportunity for the whole city, particularly closely related sectors like real estate, as the area already accounts for 47 percent of property supply.
Sharp and deeply knowledgeable about the market, international developer Masterise Homes has an acute vision for Vietnam’s future of real estate.
Seeing great promise and potential for Thu Duc City, the prestigious developer is taking advantage of the incredible transformation and introducing a strategically relevant, international-standard project in the heart of the new megacity.
The new project, Masteri Centre Point, will serve as a connection gateway to neighbouring provinces, while its prime location within Grand Park gives residents a particularly unique advantage.
Close to the under-construction Long Thanh International Airport, buyers will soon benefit from higher investment value and liquidity, ensuring lasting return on investment for buyers and investors.
A new reference for international-standard living
As a well-known developer with many high-end real estate brands in the market, Masterise Homes is a pioneer in bringing branded residences to Vietnam, namely Grand Marina Saigon, One Central, and The Grand Hanoi (Hang Bai).
The developer works in cooperation with leading international brands in luxury real estate such as Marriott International, including Marriott, JW Marriott, and The Ritz-Carlton, to introduce iconic projects to Vietnam’s thriving real estate market.
|Masteri Centre Point, a high-end haven in Thu Duc City, Ho Chi Minh City|
Masterise Homes’ prestige is further confirmed by the quality of the projects it continuously delivers from the south to the north.
The developer is a driving force for the country’s real estate market, potentially elevating it to be on a par with such luxury destinations as Dubai, New York, Singapore, and Hong Kong.
Marking a shift in interest in health-centric and sustainable living environments, Masterise Homes’ introduction of Masteri Centre Point could not be timelier.
The large-scale, meticulously planned urban community is a beacon for those who wish to avoid the chaos caused by rapid urbanization and lagging infrastructure.
Customized with buyers in mind, the ten-tower development is a harmonious haven that will accommodate a need for a safe, modern, and sustainable living space.
In keeping with a desire to ensure a high-end fit-out, the developer has included such brands as Kohler, Häfele, and Daikin in each apartment.
An international team with partnerships all over the world, Masterise Homes is acclaimed for delivering professional, meticulous, and high-quality developments.
The developer’s most recent partnerships include Marriott, JW Marriott, The Ritz-Carlton, and Techcombank.
In collaboration with the latter, Masterise Homes introduces a seamless housing solution – Home for Home – that allows buyers to expedite the purchasing process and own a new home without a cash deposit.
Home for Home is an exchange solution allowing participants to own within one of Masterise Homes’ high-end residential projects, namely Masteri Centre Point in Ho Chi Minh City and Masteri Waterfront or Masteri West Heights in Hanoi.