Businesses are placing high expectations on Thu Duc City after the new planning, ready to accompany the next development stage of this new city.
With the approved master plan of Thu Duc City until 2040 and the drastic actions of the city's leaders and support from the Government, this place is expected to become a creative urban area, a focal point for investment in transport infrastructure with a series of key projects, aiming to realize new growth targets and attract FDI capital flows.
Operating in the field of real estate development for many years, Masterise Homes has been witnessing remarkable changes in the infrastructure of Thu Duc City. As a gateway connecting the center of Ho Chi Minh City to the provinces in the Southern key economic region, with a large population, Thu Duc has brought confidence to businesses when planning to invest and develop projects in the area.
Breakthrough opportunity of Thu Duc City after new planning
Thu Duc City is the first city-within-a-city model in Vietnam, officially operating from January 1, 2021. After more than 4 years of development, Thu Duc City has completely "transformed" with many outstanding infrastructure, real estate and civil works.
Ho Chi Minh City leaders believe that the new planning will open up even stronger development opportunities for Thu Duc City, as resources are focused on forming a new growth pole.
The journey of Thu Duc City to become the economic leader of Ho Chi Minh City will also create many opportunities and favorable conditions for accompanying businesses to develop like Masterise Homes.
Currently, the city has clearly planned 9 sub-zones associated with 11 key development areas. It is expected that from now until the end of August, the sub-zone planning projects will be completed for appraisal and approval. From there, the city will continue to complete the list of 535 projects calling for investment with a total estimated capital of over 800,000 billion VND and submit it to Ho Chi Minh City for approval in the coming time. This is the basis for investors and developers to easily develop strategies and orientations to accompany the city.
Thu Duc City infrastructure develops strongly
With the orientation of forming a knowledge-based economy in Thu Duc City, experts believe that this place will attract high-quality human resources and create residential communities with their own strengths and identities. That is why one of the most important goals of the planning, besides the factors of landscape and economic development, is to create a good quality of life and an attractive working environment. The population size is estimated to continue to double from 1.5 million people in 2030 to 3 million people after 2040.
To meet this strong growth rate, Thu Duc City also focuses on investing in transport infrastructure. There will be a total of 9 urban railway lines passing through here, conveniently connecting with other areas of Ho Chi Minh City as well as Long Thanh International Airport; in addition to the North-South high-speed railway line that the Government is putting a lot of effort into.
At the same time, a series of key projects are being urgently constructed and completed. Of which, the An Phu intersection with an investment capital of 3,400 billion VND and three floors will partially open to traffic on the occasion of April 30 and is expected to be completed this year.
The Lien Phuong route, a new construction section, will be completed and technically opened to traffic in the first quarter of 2025. After these projects are completed, traffic pressure will be reduced, increasing convenient connections, for example, An Phu residents will only need more than 5 minutes to travel to Thao Dien and 15 minutes to enter District 1. The future city also has the advantage of connecting to Long Thanh International Airport, which is expected to have its first flight on September 2, 2026, promoting tourism and international trade for the entire region.
Real estate projects develop closely following city planning
In order to make the most of the land fund around these important infrastructure projects, Thu Duc City is also planning to develop a public transport-oriented urban model (TOD). This is not only an effective use of capital for key projects, but also promotes the creation of modern living spaces and convenient traffic connections, thereby enhancing the value of the entire area.
For example, the LUMIÈRE riverside project near An Phu metro station has attracted a large number of residents to live with an occupancy rate of up to 92%. Similar to previous projects such as Masterise Thao Dien, Masteri An Phu, developer Masterise Homes believes that the construction process closely following the city's planning orientation has contributed to helping these properties optimize their advantages and increase value for residents. In fact, since the Ben Thanh - Suoi Tien metro line 1 was put into operation at the end of last year, the apartment transfer market here has also been bustling with selling prices recording an upward trend.
Real estate projects benefit from metro line 1
Meanwhile, along the Ho Chi Minh City - Long Thanh - Dau Giay highway, Masterise Homes is developing The Global City urban area. With Nam Ly bridge opened to traffic at the end of last year, and soon Lien Phuong road, An Phu intersection completed, the project's connectivity is further expanded. The SOHO commercial townhouse subdivision at The Global City is attracting many famous brands to join the business, while the first high-rise project - Masteri Grand View - exploded in bookings as soon as it was launched at the end of last year and most of the apartments have found owners. The newly launched SOLA garden villa subdivision here also received special attention from the market due to its scarcity, being a garden villa on a peninsula with 3 river fronts, the only one in the heart of the city.
Not only having advantages in infrastructure, utilities, and international standard planning, Masterise Homes products are also highly appreciated for their quality, solid legal status, ensuring sustainable investment value in the long term.
The garden villa peninsula attracts market attention.
In particular, with the orientation of serving the rapidly growing intellectual and middle class, Masterise Homes also focuses on improving the living experience of residents, not only within the scope of their apartments.
According to Masterise Homes, the urbanization process in Vietnam has witnessed a significant shift in priorities: from just meeting basic needs to creating essential amenities. Now, people are not only concerned about housing space, but also about amenities and higher values. The core of a sustainable city must still be "for people" as in "City for Humanity" written by Jan Gehl - architect and former professor at the Royal Danish Academy of Fine Arts. This is not a new issue, however, to truly realize this in urban life, it requires strong commitment and determination from today's urban developers.
New urban areas attract people with amenities and a modern, connected lifestyle.
Therefore, Masterise Homes considers the philosophy of "humanity" as the core inspiration when developing projects and urban areas - meaning that all designs revolve around people and their needs. Thereby, helping to increase cultural and artistic connections, connections to origins... creating a classy living experience for residents. In recent times, with complete infrastructure, standard scale and international utility systems, The Global City has become the destination of large-scale music and art programs, becoming the vibrant center of Ho Chi Minh City, elevating the high-class urban lifestyle for the global community.
Source: https://diaoc.nld.com.vn/cac-du-an-bds-trong-diem-cung-tp-thu-duc-hien-thuc-hoa-quy-hoach-2040-196250318104608023.htm
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