Thu Duc City is accelerating its development across all aspects

The Global City - Since its establishment (January 2021) until now, the young city of Thu Duc has consistently strived to excel in order to enhance its position, aiming to become a vital hub of economic intellect, science and technology, culture and education, and finance for both Ho Chi Minh City and the nation by the year 2040.

Thu Duc City and the momentum of development in the new phase

As a young city with abundant potential, Thu Duc City is expected to become a nucleus area driving the economy of Ho Chi Minh City, focusing on the knowledge-based economy and serving as a hub for innovation and creativity. It is also a place for the transfer of new technologies to provinces in the Southeast region and for the expansion of technology-based services and products for the key economic area in the South.

Thu Duc consistently receives significant attention from the Central Government and Ho Chi Minh City in terms of guidance, direction, and providing conditions for the young city to unleash its full potential and strengths, truly becoming an efficient model of urban administration and governance, the first of its kind nationwide.

Metro Line 1 has been completed approximately 95%, contributing to the transformation of Thu Duc City's infrastructure

Situated at the gateway of the Southeast region, Thu Duc City serves as a convenient connection point among major cities like Binh Duong, Dong Nai, and Ba Ria - Vung Tau. Particularly noteworthy, the city is making significant efforts to prepare for upcoming opportunities, including a remarkable 60% increase in public transportation route kilometers and the enhancement of infrastructure.

In tandem with its role as a leading economic hub of Ho Chi Minh City, as outlined in the plan until 2025, Thu Duc City is set to witness an "influx" of over 50,000 residents, including 2,000 skilled engineers and experts arriving for work. By the year 2030, the city's population is projected to reach approximately 1.5 million people, and by 2040, it is estimated to reach around 2.2 million people. This makes it a magnet for attracting high-skilled workforce and professionally trained labor, positioning it as a hub of expertise.

To meet the living and lodging demands for the labor force gearing up to "pour in," Thu Duc City is estimated to require millions of housing units, ranging from serviced apartments to condominiums and townhouses. Some experts posit that, considering the trend observed in similarly developing metropolises like Shanghai and Seoul, in 5 to 10 years, Thu Duc's labor productivity could be three times that of Ho Chi Minh City, with its population and workforce accounting for 10% of the city's total, transforming it into the nation's third economic hub. Consequently, the potential for real estate price escalation here is poised to rise significantly. This is partly driven by the centrifugal trend towards suburban areas, as the central core real estate market of Ho Chi Minh City has exhausted its land resources for project development.

It can be observed that there is a strong investment in infrastructure, while the supply is becoming increasingly scarce. The rising demand for home ownership is a significant factor that keeps the real estate market in Thu Duc City consistently vibrant and unaffected.

The Global City Thu Duc - a project of true value that caters to genuine needs

Catching onto the potential of Thu Duc City, for several years, real estate developer Masterise Homes has successfully introduced projects in the area, including Masteri Thao Dien, Lumiere Riverside, and Masteri Centre Point. In the beginning of the third quarter of 2023, Masterise Homes continues to unveil a new SOHO (Small Office Home Office) zone within The Global City project in District 2. This further validates the philosophy of real estate that focuses on true value, meeting genuine needs, and consistently being well-received by customers, with a responsive market. It is a continuation of success that has solidified Masterise Homes' reputation in the real estate market.

Possessing numerous advantages, The Global City is a fitting choice in the townhouse segment for customers in the heart of Thu Duc City. The project is situated right on the frontage of Do Xuan Hop Street and the TP HCM - Long Thanh - Dau Giay Expressway. In 2023, the city authorities are committed to expediting the construction to swiftly complete these vital roadways, contributing to the economic and social development of the city and its neighboring provinces. In order to ensure the rapid implementation of key roadways such as Belt Road 2, Belt Road 3, and the expansion of the TP HCM - Long Thanh - Dau Giay Expressway, the Department of Transportation has also submitted recommendations to the Ho Chi Minh City People's Committee to accelerate the comprehensive progress.

The Global City is also adjacent to the intersection of Hanoi Highway; it is in close proximity to the Metro Line 1 station of Ben Thanh - Suoi Tien via Mai Chi Tho Boulevard and Do Xuan Hop Street, right at the gateway area to Binh Duong, Dong Nai, and more. Therefore, residents of the project only require approximately 10-15 minutes to commute to Pham Van Dong Boulevard or Hanoi Highway, 15 minutes to the Metro station, and 15 minutes to the center of District 1.

Masterise Homes has just announced a very HOT support policy for customers buying SOHO townhouses at the new center of The Global City:

RENTAL GUARANTEE AT A RATE EQUIVALENT TO DISTRICT 1 CENTER for 12 months, with expected RENTAL PROFIT UP TO 2 BILLION VND/YEAR.

The lessees are exclusively renowned F&B and retail brands from Singapore, further benefiting from the developer's assistance in completing basic interior furnishings, alleviating concerns and efforts in seeking tenants. Not to mention, the rental profit income is substantial enough to cover the costs of SOHO or townhouse purchase as well as other financial expenses.

To cater to the needs of various customer segments, The Global City Thu Duc offers a diverse range of product lines within the SOHO townhouse category. Designed by Foster & Partners - a globally renowned architectural firm behind iconic landmarks like Hong Kong International Airport, "The Gherkin" tower in London, Apple's headquarters in the U.S., and the Supreme Court building in Singapore - Foster & Partners selected Masterise Group as their partner, with the anticipation that The Global City will become a new symbol not only in Vietnam but also throughout the broader Southeast Asian region.

Contact The Global City via:

Hotline/Zalo: 0911 525 454

Project official website: https://theglobal. vn/