Update: 11:31:42 20-07-2018Date Submitted : 10:52:50 29-06-2018
August was quite quiet when no new residential projects were launched. Nevertheless, September will start with the launch of a luxury apartment project in District 2 called Q2 Thao Dien by Frasers Property after the brilliant success of D'edge by Capitaland - the leading luxury apartment project in HCMC market launched in quarter 3 of 2017.
Back to July when there was an obvious success of the two luxury apartment projects in District 2 in two subdivisions which are Thu Thiem new urban area and Thao Dien expats community- respectively Empire City (by Keppel Land) and D'edge. With the selling price of both exceeded USD3,100 per sqm however surprisingly caused a noticeable "fever" when 100% of the stock sold out within a very short period of time.
One interesting thing about these two projects is that 100% foreign quota was reached right on the opening day. Most of the buyers are familiar clients of the two brands Capitaland and Keppel Land, from Korea, Hong Kong, Taiwan, Singapore, and China.
The biggest attraction of these two projects is the extremely strategic location which are Thu Thiem new urban area and Thao Dien most sought after expats community, combined with the brand of the prestigious developers having brought such a great success for Empire City and D'edge.
In quarter 4 of 2017, An Phu - Thao Dien area in District 2 is welcoming another big brand name, Frasers Centrepoint - a "tycoon" listed on the Singapore stock exchange - coming with Q2 Thao Dien (also called Glenwood Maison), a project that is expected to continue the "fever" after Empire City and D'edge.
There are 3 trends of choice in the high-end apartment segment particularly in district 2:
Q2 Thao Dien has similar boutique design concept to d’Edge Thao Dien. However, location of Q2 Thao Dien is better in term of walking distance to metro station No. 7. Project idea is to develop a small compound with landed properties (townhouses and villas), condos, serviced apartments, and retail shops.
There are 3 groups of buyers suitable for Q2 Thao Dien:
Location of Q2 Thao Dien
Q2 Thao Dien is located in the most populous residential community in HCMC, bounded by Tran Van Toan Street, street No. 9, and street No. 10, just off the main road Hanoi Highway.
Amenities and service of Q2 Thao Dien
The impression at Q2 Thao Dien comes mainly from the difference in internal facilities system, similar to the luxury apartments in District 2 such as D'edge or Nassim right next to it.
In particular, Frasers has put a lot of effort into creating the best comfort for Q2's residents by designing a 5-storey podium that will be used for commercial and parking. 6th & 13th floor will be used for amenities.
Q2 Thao Dien is quite special when keeping the two different needs for amenities separated from each other: entertainment and relax.
Another remarkable point is that the design of the 6th floor will be up to 8 meters from floor to ceiling with the floating gym creating a unique feature for the building.
In addition, another good factor is that Q2 Thao Dien is located in the most luxurious residential area in Thao Dien, so also inherited the system of external utilities within 2km radius.
Obviously, living in Q2 Thao Dien, the residents can be completely assured about the quality of life. The world-class internal facilities combined with the high-end amenities in Thao Dien area is the highest value that Q2 Thao Dien offers to its future residents.
How about Fraser?
Fraser Centrepoints Limited (FCL) has extensive experience in the real estate industry with a portfolio of world-class housing projects in Australia, China, Thailand and the United Kingdom.
FCL is an international real estate company listed on Singapore stock exchange and one of the leading companies in the country with total assets of over SGD 23.5 billion.
In Vietnam, Frasers is well known for its three famous projects - Me Linh Point Tower in District 1 and two serviced apartment projects - Capri by Fraser in Phu My Hung (HCMC) and Fraser Suites serviced apartments in Hanoi. highly rated, well-known, and luxury.
Fraser is a big brand with strong financial strength and their success has been proven by the ultra-class projects. Buyers can fully trust the reputation of this developer.
Is the estimated selling price of Q2 Thao Dien reasonable?
Until now the official selling price for this project has not been announced by the developer yet. However, it's predicted that the average price of Q2 Thao Dien will be USD3,290/sqm, for buyers who place refundable bookings now and purchase in the 1st launch (Dec) will have the priority to buy Q2 Thao Dien at special price: USD3,070/sqm. Specifically, starting early bird price for each type of unit: - 1 bedroom: $2,500/sqm - 2 bedroom: $2,500/sqm - 3 bedroom: $3,200/sqm - 3-4 bedroom premium private lift: $3,300/sqm. (Price excludes VAT 10% & Maintenance fee 2%).
This price is higher than the nearby Masteri An Phu project (around USD2,000 per sqm). But Masteri An Phu shouldn't be compared to Q2 Thao Dien because the two projects are in different segments.
Q2 Thao Dien should ideally be comparable to projects in the same or equivalent segment, such as Gateway Thao Dien (USD2,400-USD2,700), Estella Heights (USD2,300) -USD2,700), Nassim or D'edge (from USD3,100 to USD3,700).
With such a good condition of handover and its strategic location, the price of Q2 Thao Dien is considered reasonable.
Q2 Thao Dien is also a rare luxury apartment project located in such a favorable location. It should also be noted that the amount of land available for new residential developments in An Phu - Thao Dien area is not much, especially pieces of land with fantastic location being right next to the metro line with unobstructed river view as Q2 Thao Dien.
Besides, payment scheme for Q2 Thao Dien is very easy, lasting up to 3 years (Q2 / 2020).
Q2 THAO DIEN is the ideal location for those seeking a home or investment that is CBD near, yet feels far away from the hustle and bustle of the city.
Update: 11:31:26 20-07-2018
Update: 11:32:26 20-07-2018
Update: 11:32:34 20-07-2018
Firstly, like Masteri An Phu, Gateway Thao Dien, The Nassim, etc. Q2 Thao Dien is directly connected to the city's traffic system by the Metro line No. 1 - An Phu metro Station (Terminal 7) within 5...