Gamuda Land Mai Chi Tho Thu Duc project is a large-scale real estate complex located in front of Mai Chi Tho Avenue, An Phu Ward, Thu Duc City (former District 2), Ho Chi Minh City. With a total area of ​​up to 36,800 square meters, this project was acquired by Gamuda Land after acquiring Tam Luc Real Estate Joint Stock Company, the owner of a large area of ​​3.68 hectares in Thu Duc City at a price of 315,000 VND. 8 million USD. Total scale includes 1,968 apartments, 12 luxury penthouses, 51 Shophouses on the ground floor of 6 40-storey towers

 

It is known that this is Gamuda Land's second M&A deal in just one year, besides the two projects that have made a name for this foreign investor, Celadon City in Ho Chi Minh City and Gamuda City in Hanoi, are still remaining. in the completion stage.

 

 

 

 

Mr. Angus Liew - Chairman of the Board of Directors of Gamuda Land Vietnam shared the intention behind this remarkable deal: "M&A deals are part of Gamuda Land's plan to continue expanding its business scale in Vietnam." Male. Since entering the market in 2007, we have established a strong presence in Vietnam, with a commitment to creating ideal places to live, creating civilized, cohesive communities for Vietnamese people.

 

We see Vietnam as a potential market with countless opportunities, a rising country with good economic prospects, with stable FDI capital flows and many new jobs created every year. These factors are a solid premise to promote income growth for the majority of the population. Continuing to expand in Vietnam is an important strategic step for the group to achieve the annual revenue target of 2 billion USD in our 5-year expansion plan."

 

The project has clear legality and investment policy in document No. 292/QD-UBND dated January 25, 2021 of Ho Chi Minh City People's Committee. The project also received an environmental impact assessment report in April 2022. The project implementation progress is divided into 3 phases: from September 2020 to December 2022, completing legal documents; From January 2023 to January 2026, project construction; From February 2026 the project will be put into operation.

Eaton Park will be the official name of the project. 

 

Eaton Park is designed and built with an apartment complex model with a total of about 2,000 apartments, divided into 2 subdivisions including:

 

Division 1: Includes podium block K1 (floors 1 - 2) and 4 tower blocks from A1 - A4.

- Base block K1: 15 apartments.

- Tower block A1: 38 floors with 338 apartments.

- Tower block A2: 29 floors with 276 apartments.

- Tower block A3: 29 floors with 347 apartments.

- Tower block A4: 39 floors with 347 apartments.

 

Division 2: Includes podium block K2 (floors 1 - 2) and 2 tower blocks (A5, A6).

- K2 podium: 5 apartments.

- Tower block A5: 39 floors with 346 apartments.

- Tower block A6: 37 floors with 326 apartments.

 

The Eaton Park project provides the market with apartment types including: Studio (38 m2), 1 bedroom apartment + (54 m2), 2 bedroom apartment (73 - 80 m2), 3 bedroom apartment sleeping (98 m2).

 

Location

The Eaton Park District 2 apartment project is located on Mai Chi Tho street, opposite the Lexington Residence apartment project. Mai Chi Tho Street is one of the arterial roads of District 2, now City. Thu Duc. From the location of the Riverdale Mai Chi Tho project, it can connect to a series of other major roads such as: Hanoi Highway, Ring Road 2, Luong Dinh Cua Street, parallel Long Thanh - Dau Giay Expressway, City Expressway. HCM - Long Thanh - Dau Giay, Thu Thiem bridge, Ba Son bridge, Metro Ben Thanh - Suoi Tien,... convenient to go to District 1, Binh Thanh or to Dong Nai, Ba Ria - Vung Tau provinces.

 

• 500m to Dang Quang Court

 

• 1km to Australian International School (AIS)

 

• 2km to An Phu Ward People's Committee

 

• 2.5km to American International Hospital (AIH)

 

• 2km to Rach Chiec bridge

 

 

 

Location of Eaton Park - new apartment project of investor Gamuda Land in District 2

 

 

 

 

The east side of the Eaton Park Mai Chi Tho apartment project is adjacent to Ba Dat canal - one of the canals that flows into the Giong Ong To river, a canal that receives treated wastewater and rainwater from residential areas. The north of the project land borders agricultural land and the road to the Rach Chiec Sports Complex project.

 

Price
Updated in October 2023, there is currently no official information about the selling price of the Eaton Park apartment project in District 2. However, on the market there is a rumor that the apartment price of this project will be from 4000-7000 USD/m2.

 

Progress
The Eaton Park Mai Chi Tho project will start construction in October 2022. According to expected information, the project will officially launch on the market in 2023.

 

Updated in May 2023, the Eaton Park project site is still undergoing infrastructure leveling and load testing. More machines appeared at the construction site.

 

Updated in August 2023, the Eaton Park Gamuda Land project has completed its infrastructure and is expected to have a model house in the near future.

 

 

Opposite the Eaton Park Mai Chi Tho Project is the Lexington Residence project

 

 

 

 

 

 

 

 

 

 

 

Progress of Eaton Park Mai Chi Tho Project Mai Chi Tho May 2023