New City | Apartment/Condo Ho Chi Minh District 2, New City Thu Thiem urban area

 

What's New City in District 2 of Ho Chi Minh City?

New City was developed as a diverse shopping area of over 10,000 square meters, providing an ideal environment for the lives of families and individuals. The Vietnamese government will develop the Thu Thiem Peninsula as a new city plan. This property has already been completed in 2018 and will be a used / resale property, but we still recommend it because it is located in a very attractive location.

Recommended location

It is expected that the property value of this property will increase in the future, as there is a plan for Metro Line 2 on My Chit Road facing New City. Currently, that area is scheduled to be completed by 2025 or later, so we would like you to consider holding it for a long time. It is about 6 minutes by car (4km) from the property to district 1 and about 8-10 minutes (5km) to the Ben Thanh Market, which is attractive even at the moment when there is no metro. In addition, the New City Thu Thiem area will be a location and property that is attracting the attention of foreigners as the new city to be developed will be about 2 km away.

What is Thu Thiem New City Area?

The Vietnamese government plans to develop the Thu Thiem as a new city, as a financial district and business area. It is based on the rapid development of the Pudong area of Shanghai as a new district. In addition, the situation in which Ho Chi Minh is the same as the situation in which Shanghai has been developing the eastern part in order to eliminate overcrowding in the western area. In Ho Chi Minh City, the eastern area of the Saigon River is densely populated and there is not much land to develop. On the other hand, the 700 hectare New City Thu Thiem area on the west side of the Saigon River has become an undeveloped area, and we are promoting infrastructure development and urban development in the west side area. In the future, a population of 200,000 and a working population of 450,000 are planned.

Image of New City