R E A L E S TAT E M A R K E T

THU THIEM – NEW CBD

Relocation of Launch of the first Cove Residence,

Planning for Thu Thu Thiem 1 Thu Thiem Work on Thu Thiem
existing residents residential project Metropole
Thiem begins Bridge opened Tunnel opened 2 Bridge begins
officially begins by Dai Quang Minh launched

1996 2002 2008 2011 2015 2015 2018

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WHY THE EAST OF HCMC?

Pudong - Then Pudong - Now

Thu Thiem
The new CBD of HCMC

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MARKET OUTLOOK 2019

District 2
Holding a size advantage (of 50 km²) compared to key districts – are primarily seen with 4 highlighted areas of
investment
District 9
Metro Line 1
- THAO DIEN -
` Rach Chiec
EXPATS COMMUNITY
An Phu - AN PHU -
Binh Thanh Tan Cang Thao Dien (Nam Rach Chiec)
Van Thanh Park
Ba Son
District 1
Opera House - THU THIEM -
Ben Thanh NEW CBD - THANH MY LOI -
ADMINISTRATION
District 4 District 7 AREA
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P R O J E C T O N T H E D E V E LO P I N G M O M E N T U M – T H U T H I E M
New city
1,328 units

Sala - Dai Quang Minh

5,600 units

Empire City
3,787 units

Launched

Not Launched
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Finished
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MARKET OUTLOOK 2019
THE RIVER THU THIEM
(CII & REFICO)
Price: US$6,500

THE METROPOLE
(Son Kim Land)
Price: US $7,000 – 9,000/sqm

Sala – Dai Quang

Minh

EMPIRE CITY – NARRA

RESIDENCE

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MARKET OUTLOOK 2019

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PHASE 1: LOT 3-15

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REFUNDABLE BOOKING: 200,000,000/1 BOOKING

SELLING METHOD: FIRST COME FIRST SERVE

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MARKET OUTLOOK 2019

THE METROPOLE THU THIEM

PROJECT SUMMARY
Developer SONKIM LAND
Type Condominium, shophouse, office.
Phase 1: 456 units included 3 towers, max 12 floors
Total Unit Phase 2: 646 units included 1 tower, max 24 floors
Phase 3: to be confirmed
Phase 1 – The Galleria Residences (SOLD OUT)
No. of available Phase 2 – The Crest Residences (SOLD OUT)
units Phase 3 – The Opera Residences – refundable booking 500,000,000.
Max 3 bookings

Location Core of Thu Thiem - new CBD behind Opera House

THE METROPOLE
Expected Launch Phase 3: May 2020

Unit Size To be confirmed

Year Completed 2023
Status Under construction.
Asking price US$ 7,000 - 9,000/sqm
Brochure phase 1 14
Click here
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MARKET OUTLOOK 2019

Galleria Residence
(SOLD OUT in 2018) Convention Center
Opera House

Opera Residence 5 stars hotel

500,000,000/1 booking
Launch date: May 2020

The Crest
(SOLD OUT in 2019) 15
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REFUNDABLE BOOKING: 500,000,000/1 BOOKING

MAXIMUM 3 BOOKINGS/PERSON
SELLING METHOD: LUCKY DRAW

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 THANK YOU
For more information regarding this presentation please contact:
Huynh Vo (Ms.) | Senior Sales Executive
Residential Project Marketing
CBRE (Vietnam) Co., Ltd. Unit 1301 | AB Tower
76A Le Lai street, District 1 | Ho Chi Minh City | Vietnam
T 84 8 3824 6125 | F 84 8 3823 8418 | M +84 933 97 21 97
phung.do@cbre.com | www.cbrevietnam.com | www.cbre.com

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