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Which apartment buildings can be purchased for under VND 2 billion in Thu Duc City?

Ho Chi Minh CityWith 1.5-1.8 billion dong, people can only buy old apartments, most often one bedroom, one bathroom, it is difficult to reach new apartments.

According to the report “What apartments can be bought under VND 2 billion in Thu Duc City” published by Rever, in district 2, 9, old Thu Duc with a cash flow of VND 1.5-1.8 billion, homebuyers can access 40 project to choose a place to live. In this list, 60% of the basket are apartments with only 1 bathroom, 80% are apartments with an area of ​​​​30-55 m2, most of which were built 6-10 years ago or more.

Where, in the old 2nd district, there are 12 projects, some of which only have matchbox apartments 30-36 m2 within this budget. For example, in the neighborhood of An Phu, old district 2, the officetel Lexington office apartment, 36 m2, 1 bedroom, 1 bathroom had an asking price on the secondary market earlier this year around 1.75 billion VND. Apartment 64 Xuan Thuy, an apartment with an area of ​​30 m2, 1 bedroom, 1 bathroom with an asking price on the secondary market of 1.8 billion dong…

Accessible one bathroom apartments on a budget of less than 2 billion include: Muoi Mau Project, La Astoria, Petroland, An Loc – An Phuc, Thu Thiem Xanh. If you are working hard to move to the Cat Lai area, accepting more inconvenient traffic, you can buy a bigger house with 2 bedrooms and 2 bathrooms, including Citi Esto, Citi Alto, Citi Home, Citi Soho project or building Thanh My Loi apartment.





The apartment market in Thu Duc City, in the East area of ​​Ho Chi Minh City.  Photo: Quynh Tran

The apartment market in Thu Duc City, in the East area of ​​Ho Chi Minh City. Photo: Quynh Tran

In the old district 9, which is the East lowland area, because it was developed after the old district 2 and Thu Duc, the number of accessible projects is more, the house area is also larger.

This place lists 10 apartment projects that are still traded in this price range but houses with only one bathroom such as Man Thien, EHome 1, Thu Thiem Garden, Vinhomes Grand Park, Citrine Apartments, Ricca, Flora Anh Dao, Flora Kikyo, Flora Fuji, East. Most of these projects are located in the Phuoc Long B and Phu Huu areas, and there is even a project adjacent to Dong Nai.

With a 2 bathroom apartment (60-73 sqm) located in Phuoc Long A, Phu Huu and near Suoi Tien. This project group includes 9 View Apartment, Green Building, Sky 9, EHomeS, Topaz Home 2, Saigon Gateway.

Meanwhile, the old Thu Duc district has 13 projects still being bought and sold for less than 2 billion VND per unit. The group of apartments offered at a price of 1.5-1.8 billion dong for one bathroom includes My An apartment, Chuong Duong House, Newton Apartment, TDH Phuoc Long, Linh Trung, Saigon Avenue, Fresca Riverside. These projects are located in the Tam Binh, Truong Tho, Binh Chieu and Hiep Binh Chanh neighborhoods.

Specifically, the 2 bedroom, 2 bathroom designed apartment group in Thu Duc district has this price, including: Dat Gia Residence, Sen Hong, Sunview Town, Linh Tay, TDH Riverview, Stown with an area of ​​58- 68 m2.

The list of apartments under VND 2 billion per unit have in common are old houses, handed over for 6-10 years or more, in the affordable (cheap) or affordable (fairly average) segment. The prices of these projects on the secondary market (investors buy and resell) have now increased by 50-100% compared to when they were first offered for sale on the primary market (investors open baskets). Prices for old apartments in this segment are currently trading at 35-38 million VND per square meter.

However, the selling price of new apartment projects offered in the last 12-18 months in Thu Duc City is not less than 50 million VND per m2 (old District 9 apartment building), 80-100 million VND per m2 apartment (in old Thu Duc district) . Meanwhile, in the old district 2, only upscale and luxurious apartments appear in the price range of 5,000-6,000 USD (110-130 million VND) per square meter or more.

According to experts, with a budget of less than 2 billion VND, it is already difficult to find new apartments in Thu Duc City, and even more difficult to access land-based houses in this area in the context of real estate prices which are still rising this year due to the impact of land auctions. Thu Thiem late last year.

In March, house prices in Thu Duc City recorded a 15-20% increase compared to the end of last year. The project in District 2 offers townhouses for sale at 350 million dong per square meter, up 15-20% compared to two months ago; In the urban area of ​​District 9, there are luxury homes priced at 300 billion VND per unit.

Vu Le

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