Highlight Projects Q4:2022
Highlight Projects Q4:2022
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,…
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
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
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
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)
50 years 50 years
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
10% VAT 2%
$ PERSONAL
INCOME
2% paid on the transacted value
TAX
RESALE
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
1A
District d 2
10 CBD THU
District THIEM
11
Total GFA* District
5
District
District District 7
6 4
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
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
Management &
Marriott International
Operation
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
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
Price started
Marriot Branded Residence:
Ritz Carlton Residences Singapore US$ 15.000 /sqm
Unit price: US$ 38,000 / sqm
Unique Features
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:
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:
02 PRODUCT
Prime Location Of Thu Thiem Peninsula
Apparently, Metropole Located
At Golden Area Of Thu Thiem Peninsula
GFA 38,300 m2
NFA 30,332 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
Maintenance • International standard, continuous planned preventative maintenance (PPM) and responsive to tenants needs
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
• 100% Back-up
Back Up Power • UPS Support provides for main ELV System Components such as CCTV, Car parking system, fire alarm system
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:
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)
US$ 7,200 / m2
(Excluding VAT & Sinking Fee)
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++
01 NO TRAFFICE JAM
WHY CHOOSING
THE METROPOLE 03 SPACIOUS & MORDEN BUILDING Metropole Office
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