Frasers Property brings a breath of fresh air to Thao Dien residential market
Frasers Property, the international property brand of
Frasers Centrepoint Limited and full-fledged multi-national real estate
company, presented its first residential project in Vietnam, Q2 Thao Dien, to
the Ho Chi Minh City property market this past weekend.
Located on one of the last riverfront plots available for high-rise towers, Q2 Thao Dien is looking to liven up the Ho Chi Minh City property market |
Held
at Sheraton Saigon Hotel & Towers, 88 Dong Khoi Street in District 1, this
first official introduction of Q2 Thao Dien attracted more than 400 prospective
buyers.
Named Q2 Thao Dien for its prime location in Thao Dien
ward of District 2, Frasers Property’s development sits on one of the few
remaining riverfront lands sanctioned for high-rise towers.
Strategically located with close proximity to the
coming metro rail transit system (MRT), Q2 Thao Dien enjoys ease of access to
key areas in Ho Chi Minh City. Sitting along Metro Line 1, residents will enjoy
even greater convenience and time-savings once the line is completed.
Q2 Thao Dien comprises of a residential complex with
315 apartments, 15 street-facing shops, and a commercial block. There are also
12 townhouses and six semi-detached villas on the land plot. Developed in
partnership with Vietnamese-listed boutique developer An Duong Thao Dien Real
Estate Trading Investment JSC, the estimated total development cost of Q2 Thao
Dien is approximately $85 million.
Allan Tay, Frasers Property country head, Vietnam,
said, “Frasers Property is excited about this opportunity to present Q2 Thao
Dien, a mixed-development project, to the Vietnamese market. We see great
potential in Vietnam, particularly in the burgeoning financial hub. Having
owned and managed Me Linh Point in Ho Chi Minh City for over 20 years, we are
pleased that our long-awaited second development in Vietnam is in one of Ho Chi
Minh City’s most coveted residential areas.”
“Our Group has developed and sold thousands of quality
residential units across the Asia-Pacific and Europe. From Australia, where we
have a 90-year heritage, through Singapore, where we are listed on the main
board of the stock exchange, to Thailand, where we are currently managing the
development of the largest integrated precinct in the country, to China and the
United Kingdom. Many of our residential projects have won international recognition.
We look forward to bringing our expertise to deliver a level of quality to this
project befitting its superb location facing the great Saigon River,” Tay
continued.
Q2 Thao Dien is a vertical reflection of the ‘Thao
Dien lifestyle’ so revered by locals and foreigners alike. Thoughtfully
designed with chic apartments and enriching community areas, the development
touts an elevated lifestyle for residents. Maintaining a light and airy
atmosphere, the developer focuses attention on living spaces, both within the
apartments and the two social spaces. The network of natural environments
includes landscaped aerial gardens, ample natural light, and well-ventilated
interiors for comfort and freshness.
Located on a 7,900-square metre plot just off the
Hanoi Highway, Q2 Thao Dien will offer 1 to 4-bedroom units as well as
loft-style penthouses of more than 250 square metres. Owners will enjoy a
riverfront view looking out on Thao Dien and Thanh Da Island as well as benefit
from the convenient access to a well-connected transportation network,
especially once the Metro is in operation. The various townhouses and villas
range from 300-450 square metres.
Q2 Thao Dien is available for viewing by appointment.
Prospective buyers and investors can look forward to its estimated handover in
2021.
"Source: Vietnam Investment Review"
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