With the Thu Duc City Master Plan to 2040 approved and the drastic actions of the city's leaders, support from the Government, this place is expected to become a creative urban area, a focus for investment in transport infrastructure with a series of key projects, to realize new growth goals and attract FDI capital.
Operating in the field of real estate development for many years, Masterise Homes has witnessed 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 Zone with a large population, Thu Duc has brought confidence to businesses when planning to invest and develop projects in the area.
Breakthrough opportunity for Thu Duc City after the new planning
Thu Duc City is a model of a city in the first city of Vietnam, officially operated from January 1, 2021. After more than 4 years of development, Thu Duc City has completely "transformed" with many infrastructure works, real estate and people's livelihoods as highlights.
Ho Chi Minh City leaders believe that the planning will open up more strong development opportunities for Thu Duc City, when it focuses resources to form a new growth pole for the most populous city in Vietnam.
Thu Duc City's journey to become a leading economic region of Ho Chi Minh City will also create many opportunities and favorable conditions for development companions such as Masterise Homes.
Currently, the city has clearly planned 9 zones associated with 11 development focuses. It is expected that from now until the end of August, the zoning plan 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 VND800,000 billion and submit to Ho Chi Minh City for approval in the coming time. This is the basis for investors and developers to easily develop strategies and orient to accompany the city.
With the orientation of forming a knowledge economy of Thu Duc City, experts say that this place will attract high-quality human resources and create communities with their own strengths and identities. That is why one of the most important goals of the planning, in addition to the factor of landscape and economic development, is to create a good quality of life and an attractive working environment. The population 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, which is being invested in by the Government.
At the same time, a series of key projects are being vigorously constructed and completed. Of which, the An Phu intersection with an investment capital of VND3,400 billion and three floors will be partially opened to traffic on the occasion of April 30 and is expected to be completed this year. The new construction section of Lien Phuong Road will be completed and technically opened to traffic in the first quarter of 2025. After these projects are completed, traffic pressure will decrease, increasing convenient connectivity, for example, An Phu residents only take more than 5 minutes to travel to Thao Dien and 15 minutes to enter District 1. The city will also have the advantage of connecting Long Thanh International Airport in the future, and is expected to have the first flight on the occasion of September 2, 2026, promoting international tourism and trade in the whole region.
Real estate projects develop closely following the city's planning
In order to optimize the exploitation of land around these important infrastructure projects, Thu Duc City is also planning to develop an urban model according to the orientation of public transport (TOD). This is not only about effectively using capital for key projects, but also promoting the creation of modern living spaces, convenient traffic connections, thereby increasing the value of the entire area.
For example, the LUMIERE riverside project right near the 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 said that the construction process closely following the planning orientation of the city has contributed to helping these real estates optimize advantages and increase value for residents. In fact, since the metro line No. 1 Ben Thanh - Suoi Tien was put into operation at the end of last year, the apartment transfer market here has also been bustling with selling prices recording an increasing trend.
Meanwhile, along the Ho Chi Minh City - Long Thanh - Dau Giay Expressway, Masterise Homes is developing The Global City urban area. With Nam Ly Bridge opened to traffic at the end of last year, and Lien Phuong Street and An Phu intersection coming to completion, the project's connectivity will be further expanded. The SOHO commercial townhouse district at The Global city is attracting many famous brands to join the business, while the first high-rise project - Masteri Grand View - was also exploded with bookings at the end of last year and most apartments have found owners. The newly launched SOLA garden villa subdivision here has also received special attention from the market because of its scarcity, being a garden villa on a peninsula with only 3 river banks in the heart of the city.
Not only with advantages in infrastructure, utilities, and methodical planning according to international standards, Masterise Homes' products are also highly appreciated for their quality, solid legal status, and ensuring sustainable investment value in the long term.
In particular, with the orientation of serving the intellectual and middle class increasing strongly, 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 only meeting basic needs to creating essential utilities. Now, people are not only interested in the space of a house, but also in amenities and higher values. The core of a sustainable urban area must still be for the people as in The City of Humanity written by Jan Gehl - architect and former professor at the Royal Academy of Fine Arts of Denmark. This is not a new issue, however, to truly realize this in urban life, it requires strong commitment and determination from current urban developers.
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, connecting roots... creating a classy living experience for residents. In recent times, with completed infrastructure, standard scale and international utility systems, The Global city has become a destination for large-scale music and art programs, becoming the vibrant center of Ho Chi Minh City, raising the standard of urban lifestyle for the global community.
