The project is expected to become a new iconic landmark in Thu Duc city
Thu Duc has been transforming into a new era with a vision to become a smart city, serving as the driving force for the development of the Southeast region since it was established on December 9, 2020.
Over the past four years, Thu Duc has been growing rapidly, from infrastructure to transportation networks, while attracting reputable investors. Recently, the city's transportation infrastructure has been increasingly expanded, enhancing regional connectivity with Dong Nai, Binh Duong, and Ba Ria-Vung Tau. From National Highway 1 to the ring roads, significant progress has been made. Additionally, the metro line connecting universities and the high-tech zone has made commuting to Ho Chi Minh City's center much faster.
In Thu Thiem, Ho Chi Minh City, the project to establish and shape an international financial center is being rapidly developed, promising significant benefits and opportunities for both Ho Chi Minh City and Vietnam. In addition, this presents a potential investment opportunity for prominent global investors.
Recognizing these distinct advantages, Thu Duc is becoming a destination for high-quality projects, which the city still lacks. Many are eagerly anticipating an iconic development that will symbolize the new Thu Duc City, marking a milestone in the growth of this vibrant and dynamic young city.
The King Crown Infinity project by BCG Land in Thu Duc is being rapidly constructed. This is a luxury mixed-use complex featuring both residential and commercial services, with a contemporary architectural symbol located on the central road of Thu Duc city. The project promises to offer a unique living space, where sophistication and harmony with nature are reflected in every design detail and top-tier amenities. It is managed by Ascott International Management, Vietnam.
King Crown Infinity is expected to become a new iconic landmark in Thu Duc City.
The project covers a total area of 12,652 m² with two residential blocks, 30 above-ground floors, and 5 basement levels. Upon completion, King Crown Infinity will offer convenience with more than 25 five-star standard amenities, providing residents with a perfect and optimized lifestyle that pushes all boundaries. These amenities include a swimming pool, pool bar, outdoor children's playground, restaurant, cinema, BBQ garden, and Jacuzzi lake.
Inspired by Changi airport, this project is also a place where residents can live in harmony with both the landscape and the first indoor green shopping street in Thu Duc city.
With the King Crown Infinity project, residents can immediately enjoy surrounding amenities as it is located in the heart of Thu Duc City, within a vibrant community and well-developed infrastructure. Residents of King Crown Infinity can easily access top-notch local amenities such as Giga Mall Thu Duc, Vincom Thu Duc shopping center, Thu Thiem Financial Center, the system of universities at the Vietnam National University in Ho Chi Minh City, and traditional markets, all within 5-10 minutes.
High potential for price appreciation and stable profits
King Crown Infinity is located in a prime position along the main road in the center of Thu Duc city, serving as the focal point for perfect connectivity to create an elite community. Its most notable feature is its proximity to Metro Line 1, just 500 meters away, allowing future residents to quickly connect to downtown Ho Chi Minh City in just 15 minutes. The project is also situated near major roads and Tan Son Nhat Airport, offering convenient access to neighboring provinces.
King Crown Infinity is located in a prime position along the main road in the center of Thu Duc city.
Domestic and international experience shows that real estate projects near metro lines tend to offer very high profitability. This is also reflected in a recent study published by Savills.
According to Savills, past data shows that property prices for both sales and rentals around metro stations tend to be higher compared to other locations.
In Singapore, residents were willing to accept an apartment price premium of about 15% within a 400-meter radius of Circle Line stations when the line became operational in 2012. In Kuala Lumpur, the average apartment prices (2017-2018) within an 800-meter radius of train stations were 30% higher than the citywide average. In Bangkok, property prices near metro lines can increase by 7% to 21%, depending on the distance to the station.
In Ho Chi Minh City, apartment prices along the metro line have continuously increased since the time of sale, with an average rise of 35% to 70%, depending on location. Some projects even doubled in value from 2015 to 2023. For example, Savills recorded that the price of Masteri Thao Dien, located close to the metro line connecting the city center to Thu Duc City, increased from VND 35-39 million/m² in 2015 to a secondary market price of VND 69-75 million/m² as of Q2 2024.
In Hanoi, the average price of apartments in Cau Giay District within a 500-meter radius of the Cau Giay - Nhon metro line increased by more than 40% in just one year, from Q3 2023 to Q3 2024.
"We also examined price data in areas farther from the metro line, where apartment prices in the market have increased by about 25%-35% on average due to a supply shortage, depending on the location. This indicates that the metro station's advantage has contributed to property prices around it rising 5%-15% higher than the overall price increase," Savills said.
In general, according to Savills' research, metro lines will help increase the value of properties along their routes.
In addition, according to experts, real estate projects with commercial podiums at the base are still considered by real estate professionals to have high potential for exploitation, occupancy, and profitability. When the project, in general, and the commercial podium, in particular, are operated systematically and professionally by a leading global management company, the project will experience significant price appreciation.
Overall, these are the factors that make King Crown Infinity a highly attractive investment project, drawing the attention of many investors who are eagerly awaiting the opportunity to own a unique, high-class apartment in Thu Duc City.
