The Sun Avenue development brings together condos, offices, and serviced apartments in the future heart of Ho Chi Minh City.
The Sun Avenue development will have something to suit all tastes and requirements, whether it be condos, offices, or retail. The property is located just five short minutes' drive from the city centre, in the planned new financial and business district of the city, Thu Thiem New Urban Area.
The parkside development, by Novaland, will boast condos, apartments, serviced apartments, offices, a shopping mall, resort-style swimming pool, and other services.
Currently under construction with delivery planned for between second quarter 2017 and second quarter 2018, the property will span 8 blocks with units between 55-105sqm in size. Legal ownership is freehold for Vietnamese and 50-100 years for foreigners.
Rental returns are estimated at 8-12% per year, while the expected added value is 8-10% per year.
The price guide is US$85,000 – $160,000.