0% found this document useful (0 votes)
25 views64 pages

Highlight Projects Q4:2022

The document provides information for foreign investors interested in residential property investment in Vietnam. It discusses Vietnam's stable economic growth and positive GDP outlook. It highlights Ho Chi Minh City as Vietnam's economic hub and center of commerce and finance, with a growing middle class and improving infrastructure. The document also outlines Vietnam's housing law that allows foreign ownership of condominiums and provides two main methods - long-term leases and sales purchase agreements. It notes the foreign ownership quotas and lease terms under the new housing law.

Uploaded by

doden2607
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
25 views64 pages

Highlight Projects Q4:2022

The document provides information for foreign investors interested in residential property investment in Vietnam. It discusses Vietnam's stable economic growth and positive GDP outlook. It highlights Ho Chi Minh City as Vietnam's economic hub and center of commerce and finance, with a growing middle class and improving infrastructure. The document also outlines Vietnam's housing law that allows foreign ownership of condominiums and provides two main methods - long-term leases and sales purchase agreements. It notes the foreign ownership quotas and lease terms under the new housing law.

Uploaded by

doden2607
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 64

GUIDEBOOK

FOR
FOREIGN INVESTORS
ON RESIDENTIAL PROPERTY
INVESTMENT IN VIETNAM
About Vietnam
Vietnam lies in the heart of Southeast Asia and spans across
over 330 km2. It is home to over 90 million people with
nearly 50% of the population below age of 30.
Before Covid-19, the country had experienced stable
economic growth in recent years with GDP growth rate
averaging 6.15 percent from year 2000 to 2019. The
formation of ASEAN Economic Community and the
passing of the TPP will provide a favourable setting for
Vietnam’s economy and increase foreign investments into
the country.
Why Vietnam?
GDP growth is expected to remain positive from strong export growth, post-COVID consumption recovery, and
increasing public and private sector investment,…

7.1 7.0% 6.5%


% 4.5% 5.0%
GDP Growth 2.9% 2.6% ⚫ Vietnam’s GDP in the midst of the
pandemic (2020 and 2021) maintained a
positive growth mainly contributed by
export growth and investments, especially
Inflation 3.5% 4.0% FDI.
2.8% 3.2%
(average) 1.8% 1.9%
0.3% ⚫ Consumption decreased (illustrated
through negative retail growth) but has
been recovering since then.
8.4% 9.2% 5.0%
Retail Growth 4.4% 4.4% ⚫ GDP Growth Prospect in 2022 and 2023
(actual growth) will likely be bolstered by increasing
-3.0% -6.2% private and public investments, recovery
of retail consumption.
6.3%
2018 6.2% 5.9% 5.7% Q1.21 Q1.22
5.4%
2019 4.9% 4.8%
2020
Source: FiinGroup, Resolution 01/NQ-CP, MoIT
2021
2022F
HO CHI MINH CITY
Located in the South of Vietnam, Ho Chi Minh City (HCMC), formerly
named Saigon, is one of the largest and most important cities in Vietnam.
This city is not only a centre of commerce and finance, but also
Vietnam’s hub for science, culture, education and technology.

With a young and dynamic population of over 11 million people and a


growing middle class, HCMC has enormous market potential. The city
boasts the best infrastructure in the nation including modern transportation
and telecommunication systems to create modern well-planned city that can
become the most desirable and international business centre in Southeast
Asia.
HO CHI MINH CITY Historical Investment Prospect Rankings

2021 2020 2019 2018 2017 2016 2015 2015 2014 2013
Tokyo 2 2 4 7 12 1 1 1 13 16
Singapore 1 1 2 3 21 11 9 7 3 1
Sydney 3 4 3 1 9 2 4 5 4 3
Melbourne 6 5 1 2 16 3 5 13 10 7
Seoul 4 10 9 19 17 7 7 15 14 19
Osaka 8 8 5 10 15 4 3 9 22 21
Shanghai 7 7 6 4 6 9 6 2 2 2
Ho Chi Minh City 5 3 7 5 4 5 13 19 18 10
Shenzhen 9 6 8 6 5 18 19 10 16 —
Guangzhou 10 9 10 8 10 20 20 6 15 6
Auckland 13 19 20 9 14 10 15 17 17 20
Beijing 12 13 12 11 11 14 10 8 7 5
Taipei 11 14 21 22 22 17 18 16 9 6
Hong Kong 22 22 14 13 18 15 21 18 11 13
China—second-tier cities 17 20 18 17 20 22 22 12 8 —
Bangkok 14 11 11 16 8 19 16 11 6 14
Mumbai 15 12 13 12 2 13 11 22 20 15
Jakarta 16 18 15 14 7 6 2 3 1 11
New Delhi 18 15 17 20 13 16 14 21 21 12
Bangalore 21 16 16 15 1 12 17 20 19 9
Manila 19 17 19 18 3 8 8 4 12 18
Kuala Lumpur 20 21 22 21 19 21 12 14 5 17

Source: Emerging Trends in Real Estate Asia Pacific surveys


CBD
Ho Chi Minh City
HCMC Condominium
HCMC Condo’s Rental Yield in 2022

8.0%

7.0%

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%
District 1 District 2 District 7 Binh Thanh

2018 2019 2020+2021 Q1/2022

Source: ERA Vietnam Research


New Vietnam Housing Law

1st of July 2015

Before After
Foreigners, subject to certain
Foreigners who are allowed to enter
criteria and working in Vietnam at
least 1 year WHO Vietnam

NOT EXCEED:
30% high-rise properties of total
Only one condo allowed units in one apartment building
(landed property not included) HOW MANY
10% low-rise properties of total
SPA number of separate houses for each
project
New Vietnam
Housing Law

50- YEARS 50+ YEARS


Leasehold with renewal possibility Extendable subjects to applicable
upon expiration HOW LONG law
(freehold tenure for foreigners
married to Vietnamese citizens)

ALLOWED:
Foreigners are allowed to lease,
No sub-lease mortgage, contribute as capital, gift,
bequest, exchange, etc., subject to
Only for owner occupying purpose WHAT FOR certain limitations
How Many Ways To Invest
Property In Vietnam
Long-term Lease Sales Purchase
(LTL) Agreement (SPA)

Long-term lease contract Certificate of ownership

50 years 50 years

Does not consider foreigner quota Subjected to foreigner quota

Possibility legally reselling for both Possibility legally reselling for both
Vietnamese & foreigners Vietnamese & foreigners
How To Invest Properties In Vietnam ?

1 Booking
2 Deposit
3 1st instalment
& Deposit contract 4 Other instalments as
schedule

Pick out the units at the Pay the 1st instalment by Pay subsequent instalments
Place a refundable booking bank transfer within 14 days in accordance with the
launching event and sign the
fee of roughly US$ 5,000- from the date of deposit to payment schedule
Deposit Contract Agreement
10,000 (by credit card execute the Deposit Contract
The booking fee will be
payment or bank
automatically transferred into
telegraphic transfer) and
deposit fee (non-refundable)
sign the Booking form

5 Upon completion
of foundation 6 Handover
7 Ownership certificate
8 The last
payment

Execution of SPA or LTL Submit documentation for the


(if eligibility for foreign Pay maintenance fee, 1 year of application of Ownership Pay the remaining balance
ownership is confirmed) management & operation Certificate within 14 days from the date
charges, registration fee, and (for buyers who have signed of the notice to take delivery
an instalment amount upon the Sales & Purchase of the ownership certificate.
handover of the apartment Agreement)
Taxes & Fees Involved
VALUE ADDED TAX MAINTENANCE FEE
(VAT) / SINKING FUND

10% VAT 2%

REGISTRATION TAX ADMINISTRATION


FOR OWNERSHIP FEE

0.5% A minimal administration fee may be


involved
How Do Buyers Make Payment?
Foreign investors shall to set up a local bank account to transfer
payments for their apartment to the Developer’s bank account.

How Do Buyers Resale & Lease

$ PERSONAL
INCOME
2% paid on the transacted value

TAX
RESALE

If only, annual income earned from the


TAXES lease of apartment/house is higher
AND than US$ 4,300, - PIT is 5% - VAT is
FEES 5%
LEASE
Thu Thiem
Master Plan District
12 1A

a
1A Thu Duc hw
ig y
iH

657 ha

N o
Ha
Go Vap

Tan Son
District

Land area
Nhat Airport 9
Binh Thanh
rinh
yT
District Du
Tan Binh en
3 N guy

st- r

Almost 10 mil sqm


Ea euslet va
BWo District

1A
District d 2
10 CBD THU
District THIEM
11
Total GFA* District
5
District
District District 7
6 4

More than 360,000 people District


8
n
L in
h
Va

Total estimated population**


n
u ye
Ng

N g uy
en H u
ho uT
*Including basement area
**As per master plan, total population included 145,393 residents and 217,170 employees
A prime location with advantages in
city future development Suoi
District Hiep Binh Tien
M
Thu Thiem is located along the Saigon River • Easy connecting to National 12 Phuoc
M 1
and takes only 5 minutes from Thu Thiem Highway 1A, National Highway 3

Vuon
Lai
Tunnel to the CBD of HCMC 51, as well as Long Thanh - Dau
• Only 10 km to Tan Son Nhat airport Giay Expressway Binh
• Strategic location at the eastern gateway • Convenient traffic connecting
Go
Vap Than
District
Tan Son Nhat h
along with strong development of the area CBDs around with the formation International 9

• Convenient transportation when Long of Metro Line no. 2 (the line Airport

Thanh International Airport is formed in from Thu Thiem and the


the near future Proposed
destination is An Suong (District Thu Thiem Propos
train ed Long Thanh
12)) Tan
station International
Phu Airport

Thu
District Thie
11 District m M


4 2
Thu Thiem is designated as Ho Chi Minh City’s new District
5
Cat Lai
CBD. After the completion and operation of the Port
District
infrastructure - including Metro Line No. 2 and Bridge 8 District

No. 2,3,4 connecting to the District 1 and 7 – Thu Thiem 7

will be operated properly as planned.



The Grand
Marina Saigon
01 MASTERISE HOMES

02 THE VERY FIRST


BRANDED RESIDENCE
General Information
Overview Product & legal
Investor/Developer Masterise Homes – a local famous real estate investment group

Location Unique – HEART of famous Saigon

Products Marriott International – 8 branded residences and complex buildings

Services Branded residences services


Price & Unique features Reasonable & potential increase at the one-of-a-kind branded residences in the heart of Saigon
The Golden Unique Location
Overview
Product & Legal
No.2 Ton Duc Thang, Ben Nghe Ward, District 1,
Location
Ho Chi Minh City
Masterise Homes
Developer/Investor
Masteri Group and Marriott International

Design unit AB Concept HK and Atkins

General Contractor Delta & Newtecons

Management &
Marriott International
Operation

Type of apartment Studio, 1 BR, 1 + 1 BR, 2-BR, 3-BR, Dual-Key

10 hecta, including 8 towers with more than 4,200 super luxury


Project scale
apartments
Super luxury apartment, Shophouse, Office-tel, Services, Office,
Product type
Commerce

Legal Fully legal, under construction of the basement foundation

Ownership Vietnamese: free-hold, Foreigner: 50+ years

Status Open for sale at Sea, Lake and booking for Cove building
Masterise Homes
A Local Prestige Real Estate Investment Group

Masteri An Phu Masteri Thao Dien Miollennium LUMIÈRE Boulevard The Rivus The Global City
Ultimate living in the heart of Thao Prime location in the heart of Thao A trendsetter in urban lifestyle. A The largest multi-dimensional green Asia’s first river-font villa inspired The new DOWNTOWN in Ho Chi
Dien with absolute prvacy and world- Dien with easy access to D1 and luxurious, private and timeless living sanctuary in Ho Chi Minh City by Haute Couture Minh City
class resort amenities other neighboring district environment

M-One Gia Dinh M-One Saigon South The Grand, Hanoi LUMIÈRE Boulevard Masteri Centre Point Masteri Waterfont
Morden lifestyle at a convenient Morden comfortable living smart The Ritz-Carlton Residences, Hanoi The first-ever JW Marriott & The premium compound residence at The most privilleged location in
location with easy connectivity and design, high-end facilities in the shapes a whole new super-luxury Marriott branded Residences in the heart of Grand Park township Ocean Park
full amenities within 2km radius center of Go Vap district living standard, first in Vietnam Vietnam
Marriott International
8 Branded Residences & Complex Buildings

SEA
LAKE (condo)
Marriott LAGOON COVE
LAKE JW Marriott
JW Marriott

 47-storey building03 BAY  47-storey building


JW Marriott
basements  04 basements

 02 utility floors  02 floors of shops


 02 utility floors

SEA LAGOON
 47-storey building SEA  45-storey building
(officetel)
 04 basements Marriott  04 basements
COVE
 02 floors of shops JW Marriott  02 floors of shops
 02 utility floors  02 utility floors
STRING STRAIT
JW Marriott Marriott
Branded Marriott
Residences Services
Branded Marriott
Residences Services
Prime Collection
Branded JW Marriott
Residences Services
Legacy Collection
Price Marriott Branded Residence:
Grand Marina Saigon

Marriot Branded Residence:


Ritz Carlton Residences MahaNakhon - Bangkok
 Unit price: US$ 14,487 /sqm

Price started
Marriot Branded Residence:
Ritz Carlton Residences Singapore US$ 15.000 /sqm
 Unit price: US$ 38,000 / sqm
Unique Features

1 Marriott branded residences values

2 Underground Metro Station – Line no.2

3 Private Exclusive Marina in CBD

Minutes to all conveniences: numerous private

4 and public schools, church, Ben Thanh market,


Thu Thiem bridge, Tan Son Nhat airport, opera
house...
Grand Marina Saigon
Branded Residence
Thu Thiem Peninsula Master Plan
The New CBD – Potential Capital Appreciation
Binh Thanh District
District 2

District 1
Thu Thiem New
Urban Area

District 4

District 7
PUDONG – SHANGHAI
Future Of Thu Thiem

Pudong is a district of Shanghai, which is located in the East of the Huangpu River
across the historic city center of Shanghai in Puxi. Less than three decades ago, there
was virtually nothing here. After opening-up, Pudong has transformed from a village
into a metropolis, showing a remarkable growth of the city. Owning similarities in
economic and geographic conditions, Thu Thiem is expected to be a Pudong version in
Saigon, a new financial and commercial center opposite the current CBD.
PUDONG – SHANGHAI
Future Of Thu Thiem

Now

1990
Thu Thiem
New Urban Area

The potential of Thu Thiem has been seen since 1950s with the greenery and the canal
system embraced by the Saigon River. Located right next to the current CBD, Thu
Thiem is now the only international standard New Urban Area in Vietnam, developed
by the prestigious Sasaki, a US master planner. With smart infrastructure, architecture
and traffic flow, Thu Thiem will be the new commercial and financial center of Saigon
and become the economic leverage of HCMC in the future.
PUDONG – SHANGHAI
Future Of Thu Thiem
Total and area Total estimated population
657 Ha ~363,000

Total
commercial area Residential population
11% 145,000
40% Residential units/
Villas 20,426

Residential 22%

Employee population
Green Area & public utilities/ 67%
217,000
60% ZONE 1
Employee
population
In which
81,713
Zone 1
Located in the northern half of the
central core area, is a high-density
multi-functional commercial and
service center. This is the location of
important public and prominent
works such as:
1
• Exhibition Convention Center
• Thu Thiem 2 bridge
• Pedestrian bridge
• The Symphonic Theater
• Planning information center
• Walking Square
• 5-6* Hotel Complex
Zone 2
A high-density complex with commercial,
multi-functional residential and sports and
entertainment functions located south of the
central core. This functional area is divided into
3 subdivisions:

• Zone 2a is in the north east-west boulevard


• Zone 2b with the complex Observation
Tower of Empire City project which will be
marked as the Landmark of Thu Thiem area
• Zone 2c is the complex of Sports and
Entertainment 2a
2b

2c
Some prominent works: Observation tower
complex, Stadium, multi-purpose gym, schools
and local administrative center.
Zone 3 & 4
A mixed residential function area,
located along the north bank of Thu
Thiem, important highlight works
include:
4
• Schools
3
• The museum opposite the
exhibition convention center of
zone 1.
• Community activities center
• Local administrative agencies
• Fire station and material supply
station
Zone 5 & 6
Including public works on the East-
West Avenue, residential area south of
East-West Avenue and multi-function
commercial buildings with key public
works:

• Children’s cultural houses 3


• Urban Administration Building
• Fuel supply station
• Two schools
6
• Community activities center
• Local Administration 5
• Software park
• International Hospital
• Internal bus routes
• The metro line leads into the station
area located at the Hospital and the
software park
Zone 8 Zone 7
This is the southern submerged
ecological area, considered an important
conservation area of the Thu Thiem 3 7 In the easternmost position of Thu
Thiem with:
peninsula. There are 3 projects built in
this area:
• Delta resort hotel area
• The marina complex
• Resort Hotel in the Southern
• Surrounded by commercial areas,
Floating Delta located in the West
restaurants, shops and motels
• Water park
• Biological Research Institute 8
The Metropole
Thu Thiem

01 SON KIM LAND

02 PRODUCT
Prime Location Of Thu Thiem Peninsula
Apparently, Metropole Located
At Golden Area Of Thu Thiem Peninsula

Located in the heart of the new “Wall Street” of Saigon, right


next to the landing point of Thu Thiem 2 Bridge, The
Metropole Thu Thiem possesses an ideal and uniquely direct
connection with central districts via 4 bridges, 1 pedestrian
bridge, 1 tunnel and 1 Metro line. Surrounded by culture
symbols, artistic, entertainments, iconic constructions, The
Metropole Thu Thiem is the only project owning impressive
connections to all major landmarks of Saigon old and new
within a few steps.
Being a professional real estate developer, with a strong foundation, SonKim Land not
only creates living space but also focuses on details of every project. In order to bring the
best quality to the project, SonKim Land carefully selected and cooperated with global
industry leaders, to develop international standards for all products.

Serenity Sky Villa

The Nassim Thao Dien Gateway Thao Dien


The Metropole
Office Building
Overview
Tower B
Proposal Office Tower B

Location Plot 1.13, Thu Thiem, HCMC, Viet Nam Tower B


Function Commercial – Office – Grade A

Tower B: 23-Story Above Ground, 3-


Height Basement

GFA 38,300 m2

NFA 30,332 m2

Basement Area 8,186 m2 (3-Basement)

Car Parking lot 162 Lots

Bike Parking Lot 491 Lots

Construction Update Aug 2022 Level 18

Expected Hand-Over Q2/2023


Building Specification
Tower B
Category Specification

Gross Floor Area • 38,300 m2

Office Floors Level • 22

Typical Floor Area • 1,650 m2

Sustainable Building • Green building accreditation by The Building and Construction Authority of Singapore (Green Mark Gold Standard)

Curtain Wall • Unitized, energy efficient, Low E, double glazed curtain wall with vertical aluminum fins

Load Capacity (Raised Floor) • 5 kN/m2 Inclusive of Live load and superimposed load

• Central chilled water system


Air Conditioning
• Auto-tube cleaning system provided for chilled water system

Cleaning • International standard Pest control

Maintenance • International standard, continuous planned preventative maintenance (PPM) and responsive to tenants needs

Toilets • Provided at each floor

Pantry and bin room • Provided 1 each per floor (L2 – L22)
Building Specification
Tower B
Category Specification

• 7 passenger lifts with destination control for low zone (up to L15). Capacity 1,800 kg, Speed 3.5m/sec.
Lifts • 4 passenger lifts with destination control for high zone (L1, L16-L22), Capacity 1,800 kg, Speed 5m/sec.
• 1 Service/ Fire lift (B3 to L22), Capacity 1,600 kg, Speed 2.5 m/sec
• 2 Carpark lifts (B3 to L1), Capacity 1,800 kg, speed 2.5 m/sec.

Average lift waiting time • <= 30 Sec at in peak cases for both low and high zone passenger lifts

Tenant area finishes • L1-L2: Bare-shell handover, no raised floor


• L3-L22: Raised floor/tile finish for floors, dry gypsum walls and suspended fibrous, plasterboard ceiling
• 5.43 m from Floor finish to suspended ceiling (L1)
• 2.4m from raised floor to suspended ceiling (L2-L3)
Ceiling height • 2.84 - 3.13 m, From raised floor to suspended ceiling, depending upon location (L4)
• 2.75 m from raised floor to suspended ceiling (L5 – L21)
• 6.75 m from raised floor to suspended ceiling (L22)

• 100% Back-up
Back Up Power • UPS Support provides for main ELV System Components such as CCTV, Car parking system, fire alarm system

• 24/7 CCTV monitoring in common areas and inside lift cars


Security System
• Parking access control

Fire Protection, Smoke detector,


• Fully equipped fire alarm system, 2 layers of sprinklers and smoke detector. PA Speaker is provided in common areas. The design
Sprinkler, loudspeaker
complies to Vietnam standard QCVN 06
TOWER B

Artist’s Impression

Hallway

Artist’s Impression
TOWER B

Lobby

Artist’s Impression

Entrance

Artist’s Impression
ACCORDING TO MARKET REPORT FROM CBRE VN,
AVERAGE MONTHLY LEASING PRICE FOR GRADE A OFFICE IS MINIMUM:

US$ 45 / sqm / Month


Updated: 07/2022

Average Office Monthly Leasing Price/sqm Grade A CBD Office 100 m2 Monthly Leasing Price in D1

Average
Average Monthly
Monthly Service Average Monthly
Leasing (Incl. Service
Charge Leasing (Incl.
Leasing (Excl. Charge, Total
(Excl. VAT) Service Charge &
Excl. VAT) Leasing
Service Charge VAT)
Project Grade Location Per year
& VAT)

$6,300 $600 $6,900 $7,590 $91,080


M Plaza A D.1

$7,000 $700 $7,700 $8,470 $101,640


Deutsches Haus A D.1

$6,200 $650 $6,850 $7,535 $90,420


Saigon Centre II A D.1

$6,500 $650 $7,150 $7,865 $94,380


Times Square A D.1

$6,000 $650 $6,650 $7,315 $87,780


Market Report from CBRE Sunwah Tower A D.1

$6,400 $650 $7,050 $7,755 $93,060


Average price:
THE AVERAGE SELLING PRICE OF METROPOLE - OFFICE TOWER B

US$ 7,200 / m2
(Excluding VAT & Sinking Fee)

SAVING COST IF BUYING OFFICE

LEASING 1 sqm / month 1 sqm / month 1,650 sqm / month 1,650 sqm / year
Leasing Price in 1st Average Leasing Price in 44 Average Leasing Price in Average Leasing Price in
year years, price expected 44 years, each month 44 years, each year Saving Cost for 44
increasing 6% per year (*) year is roughly
$48
2
m /month 95%, after
US$ 48 US$ 218 US$ 359,700 US$ 4,316,400 deducting 15%
financial cost. The
BUYING 1 sqm 1 sqm / month 1,650 sqm in 44 year 1,650 sqm / year saving rate is nearly
Cost of Buying, in 1st Average Cost of Buying in Average Cost of Buying Average Cost of Buying up to:
year 44 years in 44 years each year
$7,200 80%
US$ 7,200 US$ 7,200 US$ 11,880,000 US$ 270,000
2
/m

Note:
• All prices above is excluding VAT, maintenance fees, and management fees
• (*) Growth rate of 6%/year as report by CBRE when market is under normal condition, particularly for Thu Thiem, the price will be increased faster because this place is shaped
as a financial and commercial center, and there are many Iconic projects, infrastructure are continuously being built.
Time Square Sunwah Tower Saigon Center ll
US$ 65++ US$ 60++ US$ 62++

M Plaza Deutsches Hous


US$ 63++ US$ 70++

Just crossing a Thu Thiem


Metropole 2 Bridge, leasing price of
Office Metropole Office is
US$ 48++ minimum 30% lower than
(2023) current CBD
District 1 Thu Thiem

01 NO TRAFFICE JAM

District 1 Office Metropole Office


02 SPACIOUS PARKING LOT

WHY CHOOSING
THE METROPOLE 03 SPACIOUS & MORDEN BUILDING Metropole Office

BETTER LEASING PRICE


04 Just 1 Bridge away, leasing price of Metropole Office is minimum
30% lower than current office building at CBD District 1

ZONE 1 - PRIME LOCATION OF THU


05 THIEM Thu Thiem
COST EFFICIENCY & SHORT PAYBACK PERIOD REVENUE RETURN & SAFE INVESTMENT
Save up to 80% compared to Leasing, as
same cost, if buying office & sub-lease, Short
payback period time is 9 years
01 04 Expected handover in 2023 Estimated Rental Yield
minimum of 8% for 1st year, and increasing yearly

OWNERSHIP
6 BRAND VALUE
Ownership 44 years until 2066, property have
ownership certificate available for mortgaging. 02
02
REASONS
TO OWN
05 Functional Zone 1 of Thu Thiem
New “Wall Street” of SAI GON Enhance company's
image and increase brand value.
THE OFFICE

OPTIMIZING INVESTMENT VALUE FLEXIBLE FUNCTION


Thu Thiem planning will be completed in 2030. Price to
increase approximately minimum 200% 03 06 Can use, sublease or resale
The Metropole
Residential Building
The Average Selling Price
Of the Metropole
Residential Building

started at US$ 8,000/m 2


(Excluding VAT
Residential Building

& Sinking Fee)


Handover Galleria Residences
1st Phase
BOOKING PROGRAM

Booking for OFFICE

VND 10 bil. (Roughly US$ 435,000)/ per Booking/


1 per Floor

Bookings will earn the interest base on the 1st year


Bank
2* Deposit Rate announced by VCB bank

Booking for RESIDENTIAL

• 1-2 BR(s): VND 2 bil. (Roughly US$ 87,000)/ per


1 Booking/ per Floor
• 3-4 BRs: VND 5 bil. (Roughly US$ 217,000)/ per
Booking/ per Floor

Bookings will earn the interest base on the 1st year


Bank
2* Deposit Rate announced by VCB bank

Note: No. 2 (*) Apply for unsuccessful bookings


UPCOMING HIGH-END PROJECTS IN HCMC
The One KingCrown Infinity
Classification: Ultra Luxury Classification: Luxury
Developer: VivaLand Developer: Bamboo Capital
Management: The Ritz Carlton Condos: 724
Condos: Updating Location: Thu Duc, HCMC
Location: D1, HCMC

The Global City


M&C Tower Classification: Ultra Luxury
Classification: Ultra Luxury Developer: Masterise Homes
Developer: Updating Condos: Updating
Condos: Updating Location: D2, HCMC
Location: D1, HCMC

Eco Smart City


Classification: Ultra Luxury
Empire City Thu Thiem (expected)
Classification: Luxury Developer: Lotte Group,
Developer: Keppel Land Mitsubitshi Group, Toshiba Group
Condos: Updating Condos: Updating
Location: Thu Thiem, HCMC Location: Thu Thiem, HCMC

The Metropole GS Thủ Thiêm


Classification: Luxury Classification: Luxury
Developer: SonKim Land Developer: GS Saigon
Condos: Updating Development
Location: Thu Thiem, HCMC Condos: Updating
Location: Thu Thiem, HCMC
Thank You.

Mr. NGUYEN LE TUE DUC (William)


International Sales Director
Mobile: (+84) 932 72 9405
Email: [email protected]
ERA VIETNAM REAL ESTATE JOINT STOCK COMPANY
L02 – 05 - 06, 2nd Floor
Pearl Plaza 561A Dien Bien Phu Str., D. Binh Thanh, W. 25, HCMC
Official Website: www.era.com.vn

You might also like