The best investment opportunity for foreigners in Ho Chi Minh, Vietnam – Empire City
Empire City is located on prime 14.6-hectare waterfront site in the Thu Thiem New Urban Area, the future central business district of HCMC.
Overlooking the Saigon River and the current central business district of HCMC, Thu Thiem New Urban Area is going to be the largest economic, commercial and financial centre of HCMC, offering cultural, entertainment and recreational activities. With the completion of the East-West Highway and the Thu Thiem Tunnel, it now takes only five minutes to drive from Empire City to the central business district.
Empire City will comprise about 3,000 luxury high-rise residential apartments, Grade A office space, prime retail space as well as an iconic 88-storey integrated mixed-use tower complex.
|Property Name:||Empire City|
|Property Type:||Mixed-use development|
|Developer:||Tien Phuoc Real Estate JSC, Keppel Land (Singapore), Gaw Capital Partners (Hong Kong) & Tran Thai Real Estate Co. Ltd|
|Location:||Functional Area 2 (Area 2B) Thu Thiem New Urban Township, Thu Thiem Ward, D.2, HCMC, along Mai Chi Tho Street and the Saigon River, connected to D.7, D.1, D.9, and D.Binh Thanh|
|Expected average selling price:||SD 5,000 – 6,000/sqm|
|Land Area:||14.6 hectares|
|No. of Unit:||3,000 units
Narra: 300 units
|Facilities:||Swimming pool & deck with sun lounges
Garden lounges, sitting area
Indoor & outdoor children’s playgrounds
BBQ pavilions, Outdoor fitness corner, Tennis court
Jogging track, Central square, Multi-purpose room
GymnasiumExclusive entertainment lounge
A collection of engaging F&B concepts
Premier retail concepts along Central Square
|Expected launching date||Linden: Opened for sale (SPA)
Tilia: Opened for sale
Cove: Opened for sale
Narra: Q3/2019 (Coming soon)
MU-1, MU-2, MU-3, MU-4, MU-5, MU-6, MU-7, MU-8, MU-9, MU-10, MU-11.
|Expected to handover:||2021|
|Tenure||* Freehold for local
* 50 years for foreign buyer
Next Launching MU 11
1. General information:
– 16 floors
– Total number of apartments: 136
– 2 penthouses
– 15 Duplexes
– 119 apartments with 2BR, 3BR, 4BR
– No 1 bedroom
2. Total net area:
– 2PN: above 90 sqm
– 3PN: above 160 sqm
– 4PN: 200 sqm
3. Handover condition:
– Bare shell
– Private Lift for all units (excepted 2BR apartment)
– Guaranteed 2 car parking spaces / unit. Penthouse & Duplex has the parking lot at private elevator to the units.
– Salt water swimming pool, Olympic standard with 5 lanes.
– $ 4,000 / sqm excluding VAT and MF, Bare shell
5. Plan for sale:
– 16th June invitations ready (expected)
– 7 July and 8 July – launching events (only sales and their clients). CLIENTS HAVE TO PRESENT AT THE SHOWROOM TO CHOOSE A UNIT.
– Warning: The clients are requested not to change their name, not to change the person. No reservation needed!
– 20 June Show unit will be ready to visit.
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