PROJECT INVESTORS
Masteri Thao Dien project investors are Thao Dien Investment Corporation, some huge and powerful investors as Vingroup, under financial support of Techcombank and some constructions corporation in Vietnam.
Thao Dien joint-stock Investment Corporation is found on February 09, 2007.
Masteri Thao Dien residence including Masteri Thao Dien apartments and commercial office marks a special point of Thao dien joint-stock Investement Corporation joining in real estate Vietnam market. This luxurious project with many apartments in such a wide area have an important meaning, contribute to the quick and boosting development of the eastern area of Ho Chi Minh City.
Overview of Masteri Thao Dien Residence- District 2
Masteri Thao Dien residence project has an important implication for the Thao Dien Investment Corporation by the participation of two strategic partners which are Vingroup, a leading real estate corporation in Vietnam, and Techcombank, one of the strongest brands in the field of financial with high trust index. This strategic and well partnership can turn Masteri Thao Dien residence into a potential project which brings benefit for both private investors and customers. Masteri Thao Dien residence is going to be a beautiful and healthy space for Vietnamese and foreigners who work and live in the eastern city area.
PARTNERS OF MASTERI THẢO ĐIỀN RESIDENCE
Vingroup was established in Ukraine in 1993. Since 2000, Vingroup got back to Vietnam market with a deep desire to contribute to the national development, concentrating in investments field which are retail, electronic devices, e-commerce, tourism and real estate with many brand names, such as: Vinhomes, Vincom, Vinpearl, Vinmec, Vinschool.
"In co-operation with Thao Dien Investment Corporation, we want and try to create a modern residence fully-furnished to bring a great services to all the habitants in Masteri Thao Dien residence." Said by head of Vingroup."
Established on 09/27/1993 with an initial capital of 20 billion Vietnam Dong, get over 20 years of operation, Techcombank has become one of the biggest joint-stock commercial banks in Vietnam with total assets over 180 874 billion Vietnam Dong.
"Understanding the housing demand of Vietnamese people, further is the demand of investment of foreigners from July 2015 into local real estate market, with the vision and goals of Thao Dien, Techcombank is committed to be a company Bank financing to the project and pay all benefits to customers in accordance with specified points in the contract in case the apartment is not completed and handled on agreement time. In addition, to support customers to easily own ideal apartments in Masteri Thao Dien apartments, Techcombank provides additional attractive and flexible financial products." As speech by representer of Techcombank.
Coteccons is one of the leading construction companies in Vietnam specializing in the construction of civil and industrial, which requires sophisticated techniques, especially in the field of high and luxurious buildings. Coteccons proud to have built a strong brand in Vietnam construction market, recognized prestige and quality of work, to meet the high demands of progress and safety.
"In cooperation to construct Masteri Thao Dien apartment project, Cotecons will have three meaningful accomplishments: fastest construction progress, high-rise projects have the largest floor area (43 floors with over 370,000 sqm), and housing projects with largest value contract up to date."
NQH Architecture Co., is a leading company in the field of architectural design and urban planning in Vietnam, has completed over 400 projects throughout Southeast Asia including office buildings, luxurious apartment and complex buildings. NQH brings well qualified engineers, programmers, landscape designers, interior designers and consulting electrical and structural company in Vietnam, Asia and the United States together.
PTW Architects was established in Sydney in 1889, has been involved in the design of more than 50 commercial office buildings in Sydney and more than 150 other projects throughout Australia, New Zealand and South East Asia (including Hanoi and Ho Chi Minh City . Ho Chi Minh City). PTW Architects brings outstanding patterns in planning infrastructure and sustainable architectural environmentally friendly design through diverse projects.
SUPPORT FROM INVESTORS OF MASTERI THAO DIEN APARTMENT.
FINANCIAL SUPPORT FROM TECHCOMBANK
Techcombank will finance project investors, managing all client funds paid to the investor, and Techcombank committed to pay customers all the benefits provided in Agreement just in case Masteri Thao Dien Residence project is not completed on time. In addition, Techcombank will support customers can own a dreaming Masteri Thao Dien apartments. All of kind of special, flexible financial products when customer want to loan are in ready list of Techcombank.
Participation in financing Masteri Thao Dien project also shown strong commitment from Techcombank in the implementation of state policies and contracts with enterprises to develop real estate market. Techcombank is looking forward to cooperation and commitment develop a model like Thao Dien - Techcombank with other reputable businesses across the country.
MASTERI APARTMENT INFORMATION
Masteri Thao Dien apartment project marked the launch of the Thao Dien Investment Company in real estate market in Vietnam. This is a large-scale, important project that strongly contributed to the development of the eastern area of the city in stage of opening economy of Vietnam.
Construction time: First quarter /2014
Completion time: Last quarter/ 2016
Project address: 159 Xa Lộ Hà Nội, Thao Dien ward, District 2, HCMC
Kind of project: Commercial office, Complex building, Residence, Apartment for rent and for sale.
Masteri Thao Dien Apartment is being constructed on a large area with a total construction area is expected to nearly 8 ha, according to model complex area including shopping centers, office buildings, apartments and green parks. Front part of the complex buildings will be shopping center with a total area of 140,000 sqm is designed according to international standards with shops selling high-end products, restaurants, cinema, entertainment centers, sports swimming pools and green park,...
Masteri Thao Dien Apartment consists of two main buildings facing each other forming a majestic gate. A green lawn zoning commercial and residential work as a "breaking space" for the overall landscape of the modern and luxurious buildings.
Connecting two buildings is the architectural dome that bring a shade for luxury apartments and offices under. In particular, high-hanging garden is a combination of aesthetic refinement with the convenience of moving between the towers, creating a connection of all the Masteri Thao Dien residence. Hanging Gardens is the unique trait which creates a new trend for modern architecture: to bring nature into structural concrete, steel and glass materials which are indispensable in every construction, which bring a harmonic space including ecological landscape and economic benefits of the project.
With modern business perspective of investors combine shopping needs of human beings and ecological environment, through the hands of skillful leading experts on architecture, Masteri Thao Dien Apartment would proud to be the first luxury trade center in Vietnam and would be comparable with some commercial centers at regional level.
The project consists of four residential towers: T1, T2, T3 & T4 with height from 41 floors to 45 floors. Every solid building block is designed in modern trends. Two ground floors and mezzanine floor are specifically designed for functional rooms: gym center, 24/7 supermarkets, community living room, indoor children's entertainment area. Especially, Masteri Thao Dien apartment projects will have Business Center which is equipped with wifi, desks, meeting rooms, and all of these convenient things are completely free services for all residents in Thao Dien Masteri apartment.
Each building of apartment and commercial offices is equipped with 10 high-speed elevators, under international standards. Every elevator is located in a central location for easy access for all residents and habitants.
Corridor is T-shaped designed, utilizing natural light and being full of natural ventilation.
Apartment and serviced apartment area varies from 45sqm to 90sqm (respectively 1-3 bedrooms). To some extraordinary demand of customer of larger apartment, investors of Masteri Thao Dien apartment will have solution to please the needs of the customer.
At the front side of Masteri Thao Dien project is commercial center Vincom Mega Mall by Vingroup develops, with building floor area 120.000sqm, Vincom Mega Mall will be the largest commercial center in Ho Chi Minh City.
ESPECIALLY, Masteri Thao Dien project is connected directly to the No. 7 station (An Phu station) of Ben Thanh - Suoi Tien metro routine. Residents and habitants will only spend 7 minutes to get to Ben Thanh market without being worried about traffic problems or bad weather.
STRUCTURE
Masteri Thao Dien
apartments have various, appropriate design with diverse area for customers to choose.– Apartment 1 bedroom: 52sqm, 70sqm
– Apartment 1 bedroom: 89sqm, 96sqm, 112sqm.
– Apartment 1 bedroom: 135sqm, 148sqm, 170sqm.
Bird-eye view of Masteri Thao Dien project.
STRUCTURE OF CT1 BUILDING IN DETAIL
STRUCTURE OF CT2 BUILDING IS ON SALE
STRUCTURE OF CT4 BUILDING WHICH ARE ON SALE
LOCATION
Located in the heart of Thao Dien-An Phu area, District 2, on the edge of Hanoi Highway, Masteri Thao Dien residence owns a unique position of new planning city center, where you can take the wide view of all the city.
In direct connection to major metro transportation systems at An Phu station (number 7 station), you and family only spend 7 minutes to get to District 1 surrounding districts. By distance to Saigon River of only 200 meters, you can fully enjoy a living space with natural sun and wind.
The blending of modern life and a peaceful green space is unique point of Masteri Thao Dien residence which you can hardly find somewhere else.
You can image the real convenient life to live here
SERVICES
Outdoor conveniences
Subways systems in front of Masteri Thao Dien residence gate.
Green and pure lake with area of 3400 square meters.
Swimming pool on the buildings brings the clean and healthy environment to all project.
Gym center, convenience shop and others.
PRICING & PAYMENT
Selling price form 30.000.000 VND (Not included VAT updated price) (depends on location of apartment for sale). Discounts of up to 7%. Flexible payment. Teckcombank will finance interest rate of 8.99% / year fixed within 3 years (
Masteri Thao Dien
project is the first project commitments and guarantees from the banks)
CONTACT
Contact us now to observe model Masteri Thao Dien apartment
143/12 PHAN DANG LUU, WARD 2, PHU NHUAN DISTRICT, HCMC
(+84)982.89.50.89
[email protected]
VietApartment.com is proud to be a strategic partner of this project in creating an open and transparent environment for foreigners to buy and rent properties in Vietnam from July 1st 2015. You, as a foreigner come to Vietnam, will have full ability to reach right, sufficient and transparent information about real estate market in Vietnam. That is the last target of all investors of big projects and VietApartment.com aim to fight for. To rent, buy, share and advertise properties, please come to VietApartment.com and together we will develop it for all people.
Thank you very much.
Foreigners have to know about property ownership law in Vietnam from July 2015
Section 159. The object owns house and housing ownership forms of foreign individual and organization in Vietnam.
1. Foreign individuals and organization having properties ownership in Vietnam including:
a) Foreign individuals and organization invest in constructing house under project form following this law and related legislation terms.
b) Enterprise with foreign capital investment, sections, office of foreign enterprise, foreign funds and foreign bank section operating in Vietnam (call shortly foreign organization)
c) Individuals have right to enter Vietnam territory
2. Foreign organization and individuals having a properties ownership in Vietnam under following forms:
a) Investment in construction house in project in Vietnam follow this Law and related legislation terms.
b) Buy, rent-buy, dedication, inherit commercial house including apartment and single house in project of constructing house investment, excluding national defense and security region as stipulated by Vietnamese Government.
Section 160. Criteria when foreign individual and organization having properties ownership in Vietnam:
1. Towards organizations and individuals specified in point a, paragraph 1, section 159 of this Law must have the certificate of investment or housing construction in project in accordance with the provisions of this Law and related legislation terms.
2. Towards foreign organization specified in point b, paragraph, section 159 b of this law, there must have investment certificates or documents relating to the permitted activities in Vietnam (hereinafter referred to as the investment Certificate) issued by the competent officers of Vietnam Government.
3. Towards foreign individuals specified in point c, paragraph 1, Section 159 of this Law must be allowed to enter Vietnam territory and not entitled to the privileges, immunities of diplomatic, consular prescribed by law.
4. Government regulate certificate in detailed proof of the object, condition of foreign organizations, individuals are entitled to properties ownership in Vietnam.
Section 161. Properties Ownership rights of foreign organizations and individuals
1. Foreign organizations and individuals specified in point a, paragraph 1, section 159 of this Law are having the rights of properties ownership in accordance with the provisions of section 10 of this Law; In case building on leased land, foreign organizations individuals only have rights to lease.
2. Foreign organizations and individuals specified in point b and point c, paragraph 1, section 159 of this Law having all the right of properties ownership as much as Vietnam citizen but must comply with the following provisions:
a) Have rights to buy, to lease, donation, inheritance and ownership not exceed 30% number of the apartments in a building; for the single houses including villas, ranging houses, foreign organizations and individuals have rights to buy, rent, donation, inheritance not exceed number of 250 properties within a region equivalent of a ward-level administrative units.
In some region with a population equivalent of a ward-level administrative unit that has many condominiums, single houses on one street, the Government shall specify the number of apartments, number of single houses that the foreign organizations and individuals have rights to buy, lease, donate, inherit and own;
b) In case, organizations and individuals are dedicated, donated out of provisions of point b, paragraph 2, section 159 of this law or exceed the number of properties specified at this paragraph a shall only own the value of this properties;
c) Foreign individuals own properties as agreement in the contract of sale, rent, donate, inherit transaction not exceeding 50 years from the issued date of certificate and can be extended under the provisions of the Government if required; properties ownership period must be specified in the certificate.
In case a foreign individual gets married to a Vietnamese citizen or get married to a Vietnamese living abroad, have ownership rights in stable, long-term and the rights of properties ownership right as Vietnamese citizen;
d) To foreign organization own the properties following the contract of sale, rent, dedicate, inherit transactions not exceeding the time limit stated in the certificate of investment of that organization, including extended period of time; properties ownership period is calculated from the date of the certificate and stated in this certificate;
đ) Before the expiration date of properties ownership in accordance with the provisions of this Law, the owner can donate or sell this properties for the subjects able to own properties in Vietnam; If exceeding the deadline of ownership and the owner does not sell or donate, this properties will be owned by the state.
Section 162. Obligations of the property owner who are foreign organizations, individuals.
1. Foreign organizations and individuals specified in paragraph 1 of Section159 of this Law shall have the obligations of properties owners in accordance with the provisions of Section 11 of this Law.
2. Foreign organizations and individuals specified in points b and c, paragraph 1 of Section 159 of this Law shall have the obligations of properties owner like Vietnamese citizen but comply with the following provisions:
a) Foreign owners have rights to lease properties to use for purposes not prohibited by law, but prior to rental properties, the owner must provide written notice of the rental to administrative authorities in the district where properties in, under the guidance of the Ministry of Construction and pay all the tax accordance with the provisions of this law.
In case foreign individual gets married to Vietnamese citizen or Vietnamese living abroad have obligations as well as Vietnamese citizens;
b) For owners are foreign organizations use properties to arrange place for people working in that organization only, not use for rental housing, office or on other purposes;
c) Conduct payment for the selling, renting properties through credit institutions operating in Vietnam;
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