One of the biggest projects that leading Vietnamese real estate developer Novaland has just announced early this year is the grand Sun Avenue. With an overwhelming amount of purchasing reservations right after its announcement, the Sun Avenue is more than just any property for sale in Vietnam. Its golden location, outstanding design and top-class facilities make it highly attractive for overseas property investors.
Model of the Sun Avenue | Photo courtesy of Novaland
Introducing the Sun Avenue
The Sun Avenue is a compound apartment that stretches over 400m frontage of Mai Chi Tho. With more than 1,400 units in its eight towers, it is a mix of residential, commercial, and office properties.
It covers a massive area of more than 46,000 square meters, with over 30 floors in each building. Residents of The Sun Avenue will enjoy a healthy living space with its incredible design by the ventilation of greenery and amazing views in every corner of the tower. Its utilities include a luxurious shopping mall, modern swimming pools, playground, gym, and spa. This property for sale in Vietnam is also adjacent to a new urban area called Thu Thiem where residents can conveniently access a sport-centre complex, financial centre and a cultural entertainment – travel centre.
Map of the Area around the Sun Avenue | Photo courtesy of Novaland
The Sun Avenue’s Golden Location
The Sun Avenue is attracting a lot of overseas property buyers as its strategic location makes it a good investment opportunity. It’s considered to be in a golden position, being located at the intersection of Mai Chi Tho Avenue and Dong Vann Cong road in District 2, which are two of the largest routes in the city.
It is most known for being in an area near Thu Thiem, a new urban area that players in the property market are keeping an eye on due to its large commercial potential. Mr. Trong Dat, a real estate investor, has once told Novaland, “I believe that when the multinational corporations invest in Thu Thiem, the demand for houses, commercial service, business expansion in the region will skyrocket. Therefore, I decided to purchase one apartment and one Office-tel at The Sun Avenue (Dist. 2) to both stay and work, or for lease.”
This property for sale in Vietnam is not only adjacent to a new urban area called Thu Thiem, but it is also at the heart of major arterial highways. These highways are the Long Thanh – Dau Giay and Metro Ben Thanh – Suoi Tien highways, with the latter still under development. Once the highway is in full operation, it is expected to increase the property value of The Sun Avenue even more, as this shortens the distance from the eastern provinces to the city centre. It is also located near the inner beltway in direct connection with the Thu Thiem tunnel to the centre of the district. Being at the heart of this transportation network, the convenience that this Ho Chi Minh property offers certainly makes it highly valued in the property market.
Novaland’s Promotional Deals for Investors
The Sun Avenue is a property that is popular among real estate investors due to its investing efficiency, especially with its payment schedule of 0% for the next two years. Novaland is also offering a special program to encourage more foreign property investments. Potential overseas property investors are given a round trip plane ticket to visit any property for sale in Vietnam that is owned by Novaland. The developer also have special promotional packages where investors can get a 7% commitment for a leasing package for the first year, a supporting service package in the interior finishing stage, and a full refund plus interest if the property buyer no longer wishes to pursue the purchase.
For more information on this Ho Chi Minh city property or other properties by the same developer, visit the Novaland website. You can also subscribe to us for more updates on Asia properties and real estate news in Asia by visiting our Facebook page or send us any business inquiries by contacting us here.