2022: Which New Projects are Coming…

The first quarter of 2022 has almost passed, the primary market has not yet had any new projects launched in Ho Chi Minh City.

With the apartment rental market in Ho Chi Minh City, the recovery is clearly showing when the rental price of 1-2-3-4 bedroom apartments in central areas such as Binh Thanh (Sunwah Pearl, Vinhomes Central Park…) & Thao Dien (Q2 Thao Dien, Estella Heights, Masteri An Phu…) is vibrant again. Rents and occupancy rates are increasing quickly.

As for the secondary transfer market in Ho Chi Minh City, liquidity is still slow as home buyers and investors are still wary of the market’s recovery and observing more post-Covid opening momentum. At the same time, due to having to fight against the epidemic for a long time, the selection of primary projects with off-plan payment will be more favorable.

Key projects launching soon in HCMC

In the near future, the real estate market in HCMC will be lively, closely following the post-Covid-19 economic recovery, the opening of international flights as well as the good control of the epidemic in the country.

Let’s take a look at the projects soon launching and highly recommended this year:

• Urban Green:

Mr. Sergey Nam – General Director of Kusto Home shared more information about the Urban Green and the goals and orientations of Kusto Home in the near future

Having made a mark on the market with Diamond Island, Kusto Home marks the return to the real estate market with the Urban Green project in Thu Duc City, Ho Chi Minh City.

What is the competitive advantage of Urban Green compared to other projects in Thu Duc City?

Urban Green owns a location in Thu Duc City with full of potentials, adjacent to two Metro 3B stations in the future and National Highway 13 connecting to the administrative and commercial center of Ho Chi Minh City in just 10 minutes. Mr. Sergey Nam believes this strategic location is a great advantage of Urban Green.

“With Urban Green, we invest most of our time and energy into the design language. Specifically, in terms of architecture, the project is designed in the Bauhaus style, which balances functionality and aesthetics, combined with the Hybrid Habitat landscape design model, bringing the beauty of nature into the urban living environment.

Those advantages have helped Urban Green attract the attention of many young and dynamic customers. Although it has not been officially launched, I think the project has shown the percentage of people who want to purchase at a very high level.”

• Lancaster Legacy:

Membership card for elite community Lancaster Club. Photo: Trung Thuy Group

The enterprise launched the Lancaster The Master real estate project management and exploitation unit and the Lancaster Club system with many incentives for members.

According to the strategic direction, in the coming time, Trung Thuy Group said it will promote the development of the luxury and super luxury real estate segment. In particular, service and experience elements are the main highlight for the entire project.

“To do this, we launch the Lancaster property management brand The Master, inheriting the identity and artisan spirit of Trung Thuy Group and 15 years of management experience from our ‘predecessor’ Lancaster Management, the management and operation unit of Lancaster Eden villas, Lancaster Nui Truc and Lancaster Le Thanh Ton buildings,” said a representative of Trung Thuy Group.

Lancaster Legacy is located on Nguyen Trai Street, the center of District 1, Ho Chi Minh City, will be launched in the first quarter of 2022. With a prime location in District 1, the project offers 2-3 bedroom apartments with nice view of Bitexco & downtown, suitable for the search of many buyers for a large layouts in the city center.

Other projects are also in the process of completing information before launching such as: Global City (Masterise Group), Grand Centrosa (Novaland), The 9 Stellars, Phase 2 (SonKim Land), The Metropole Thu Thiem, Phase 4 (SonKim Land), The Beverly at Vinhomes Grand Park (Vingroup)…

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