Thu Thiem New Urban Area

Thu Thiem urban area in the East City of Saigon is considered one of the cities with extremely outstanding development potential compared to neighboring areas when up to 70% of the investment capital for infrastructure development of the city. City. Ho Chi Minh are all focused on this area. A series of traffic items were built to change the face of the Eastern gateway area in particular and the city in general.

What districts does the Eastern city have?
The eastern city consists of 3 districts which are District 2, District 9 and Thu Duc District. In District 2, there are new urban areas such as Thu Thiem, Thanh My Loi and Cat Lai urban areas; District 9 has projects running along the Long Thanh Dau Giay highway.

Potential for real estate development in the Eastern city?
According to the city’s plan, by 2025, the East of Saigon will become an intellectual and high-tech center. Therefore, the potential for real estate development in this area is very high. Here are some pictures of analysis, planning and orientation of the city in the East of Saigon:

EAST CITY (DISTRICT 2 – DISTRICT 9 – THU DUC)

Infrastructure and potential of Thu Thiem urban area
The Management Board of Thu Thiem urban area determined that in 5 years from 2016 to 2020, it will focus on investing in the construction and reconstruction of Thu Thiem new urban area, with the desire to turn this urban area into a center. advanced civilization and modernity of Ho Chi Minh City area.

To build this, the development of transport infrastructure is one of many key issues, after identifying this key point, city leaders have found a way to solve it when accepting Thu Thiem as the first investment project called for investment in the form of BT. Currently, the project has tunnels, Thu Thiem 1 bridge, Thu Thiem 2 bridge… Thu Thiem new urban area is a new urban development project on Thu Thiem peninsula, in Thu Duc city, opposite District 1 across the Saigon river. Saigon, Ho Chi Minh City. Thu Thiem new urban area with an area of ​​7.3 km² (730 ha) is considered to be as important to Ho Chi Minh City as Manhattan of New York, USA.

8 MAJOR FUNCTIONAL SECTIONS THU THIEMU URBAN AREA
Sasaki’s Thu Thiem master plan focuses on developing Thu Thiem as a mixed-use, dynamic and sustainable commercial center. The planning is based on a framework for traffic, land use and public spaces that integrates the existing ecological conditions of the lower Saigon River and responds to the climate of southern Vietnam. The Thu Thiem master plan reinforces the city’s special link with the river and serves as a model for long-term sustainable growth in the city. Ho Chi Minh.

Sasaki’s plan for Thu Thiem also focuses on connection to the riverbank, connection to the historic city center and a compact, flexible urban form. The plan promotes density, integrated public transport (on water and land), proper building orientation and streets that encourage cross ventilation and passive cooling. The plan incorporates natural delta landscapes and river fluctuations into the urban structure and preserves native vegetation. An important ecological strategy is to maintain Thu Thiem as an “open system” – a system that can regulate tidal regimes and high water events through canals, lakes and areas. natural and man-made flooded forests. All residential areas are located near the water and public spaces are created through this strategy.

In the next 20 years Thu Thiem will have more than 130,000 residents. Since 2005, three major infrastructure linkages have been built upon Sasaki’s planning work. Thu Thiem Bridge directly connects Thu Thiem with the existing city to the north. East-West Boulevard – in line with Sasaki’s original master plan – has also been built, connecting Thu Thiem to residential and commercial areas in the east and opening up access to development opportunities. diversified development. The completed East-West Tunnel passes beneath the Saigon River and connects historic District 1 with Thu Thiem. In the future, an iconic pedestrian bridge will connect Thu Thiem shopping center – which will be one of the largest public spaces in Vietnam – with Me Linh Square to the west of the river.

Three additional vehicular bridges are expected to be built according to Sasaki’s plan over the next 50 years. Sasaki’s master plan also calls for an 86-storey mixed-use tower currently being conceptually designed with a private developer in HCMC. The building is located on an important visual axis and will be a highlight in the skyline of buildings in Thu Thiem

It can be said that Thu Thiem City urban area is the most livable urban area for the upper class, fully synchronously designed with a full range of commercial – service and office functional areas. The value of Thu Thiem’s ​​profit always increases over time and brings a profit margin of 80-100%.