Frasers Property brings a breath of fresh air to Thao Dien residential market

Frasers Property, the international property brand of Frasers Centrepoint Limited and full-fledged multi-national real estate company, presented its first residential project in Vietnam, Q2 Thao Dien, to the Ho Chi Minh City property market this past weekend.

Frasers Property brings a breath of fresh air to Thao Dien Residential Market
Located on one of the last riverfront plots available for high-rise towers, Q2 Thao Dien is looking to liven up the Ho Chi Minh City property market

Held at Sheraton Saigon Hotel & Towers, 88 Dong Khoi Street in District 1, this first official introduction of Q2 Thao Dien attracted more than 400 prospective buyers.

Named Q2 Thao Dien for its prime location in Thao Dien ward of District 2, Frasers Property’s development sits on one of the few remaining riverfront lands sanctioned for high-rise towers.

Strategically located with close proximity to the coming metro rail transit system (MRT), Q2 Thao Dien enjoys ease of access to key areas in Ho Chi Minh City. Sitting along Metro Line 1, residents will enjoy even greater convenience and time-savings once the line is completed.

Q2 Thao Dien comprises of a residential complex with 315 apartments, 15 street-facing shops, and a commercial block. There are also 12 townhouses and six semi-detached villas on the land plot. Developed in partnership with Vietnamese-listed boutique developer An Duong Thao Dien Real Estate Trading Investment JSC, the estimated total development cost of Q2 Thao Dien is approximately $85 million.

Allan Tay, Frasers Property country head, Vietnam, said, “Frasers Property is excited about this opportunity to present Q2 Thao Dien, a mixed-development project, to the Vietnamese market. We see great potential in Vietnam, particularly in the burgeoning financial hub. Having owned and managed Me Linh Point in Ho Chi Minh City for over 20 years, we are pleased that our long-awaited second development in Vietnam is in one of Ho Chi Minh City’s most coveted residential areas.”

“Our Group has developed and sold thousands of quality residential units across the Asia-Pacific and Europe. From Australia, where we have a 90-year heritage, through Singapore, where we are listed on the main board of the stock exchange, to Thailand, where we are currently managing the development of the largest integrated precinct in the country, to China and the United Kingdom. Many of our residential projects have won international recognition. We look forward to bringing our expertise to deliver a level of quality to this project befitting its superb location facing the great Saigon River,” Tay continued.

Q2 Thao Dien is a vertical reflection of the ‘Thao Dien lifestyle’ so revered by locals and foreigners alike. Thoughtfully designed with chic apartments and enriching community areas, the development touts an elevated lifestyle for residents. Maintaining a light and airy atmosphere, the developer focuses attention on living spaces, both within the apartments and the two social spaces. The network of natural environments includes landscaped aerial gardens, ample natural light, and well-ventilated interiors for comfort and freshness.

Located on a 7,900-square metre plot just off the Hanoi Highway, Q2 Thao Dien will offer 1 to 4-bedroom units as well as loft-style penthouses of more than 250 square metres. Owners will enjoy a riverfront view looking out on Thao Dien and Thanh Da Island as well as benefit from the convenient access to a well-connected transportation network, especially once the Metro is in operation. The various townhouses and villas range from 300-450 square metres.

Q2 Thao Dien is available for viewing by appointment. Prospective buyers and investors can look forward to its estimated handover in 2021.

By Thanh Van