Today Letienhung.com We will analyze the project with you Eaton Park of the Investor (CDT) Gamuda Land
Who is Gamuda Land's investor?
Gamuda Land was established in 1995 in Malaysia, Gamuda Land is the real estate development division of Gamuda Berhad group. The largest construction and infrastructure development group in Malaysia. With nearly 30 years of experience developing urban areas and buildings. Investor Gamuda Land has created 12 urban areas and 9 large-scale integrated building projects in Malaysia, Singapore, Australia and Vietnam and has a total development value of over nearly 6 billion USD. .
Gamuda Land took its first step into the Vietnamese market in 2007. Gamuda Land is currently investing in two high-class urban areas, Gamuda City with a scale of 274 hectares in Hoang Mai District, Hanoi and Celadon City with an area of 82 hectares in Hanoi. Tan Phu District, City. Ho Chi Minh, …. Gamuda Land is recognized as one of the top five foreign real estate developers in Vietnam to date. In addition to being a major investor in the real estate market, Gamuda Land Vietnam is also a prominent name in social and community responsibility activities.
Analysis of project location and legality
About the project's location:
Eaton Park is located at 164A Mai Chi Tho, An Phu Ward, City. Thu Duc, City. HCMC. Called the city's lifeline. Ho Chi Minh.
Owning a location on the frontage of Mai Chi Tho street, connecting through An Phu intersection with a scale of 3 floors and investment capital of more than 3000 billion, easily connecting via the HCM - Long Thanh - Dau Giay expressway and moving Move into the center of District 1 and famous locations such as Thao Dien west street, Thu Duc city administrative center, and go to Lien Phuong street to connect to Ring Road 2 and Ring Road 3 easily.
In addition, from the Eaton Park project, we can also easily connect to shopping malls as well as large entertainment and shopping areas such as Estella Place, Vincom Thao Dien, Thiso Mall (Sala) and the largest entertainment center in the Southeast. Asia just put into operation is City Park (at The Global City), ...
About infrastructure at the Eaton Park project and surrounding areas
The Eaton Park project is located next to the land funds of giants such as Capitaland, Keepel Land, Masterise Home, and especially the project is next to the Rach Chiec Sports Center (where entertainment and sports activities will be held). international level here)
Regarding the legality of the project, the Investor has fully approved the legalities such as:
- Business registration certificate
- Approval of planning 1/500
- Decide on investment policy
- Decision to allocate land
- Certificates of land use rights
- Construction permit
Investors are waiting until July 2024 to be granted a license to sell houses to be built in the future and customers can sign sales contracts.
Through the above information, you can rest assured about the project's legality, the Investor is always legally transparent. So this is also a plus point so we can trust to buy an apartment at Gamuda Land's Eaton Park project.
Analysis of amenities and apartment design
First, let's take a look at the amenities that Eaton Park will bring to future residents. When talking about amenities, Gamuda Land investors always emphasize the phrase " Biophilic Green Architecture Standards”.
What is Biophilic Architecture?
“The term Biophilic is a concept in architecture and construction that reconnects humans with nature. By using light, living creatures, natural shapes and features. Biophilic design is defined as design that supports psychological and cognitive relief for people. Environments lacking the presence of nature can have a negative impact on health and productivity. Biophilic design is design that creates a connection with nature in the living and working environment."
The Eaton Park project is designed with a low construction of only 20,74% and the rest is used for utilities and green space for the project such as: green landscape, viewing deck, infinity pool, riverside park. , picnic garden, mangrove landscape viewing point, relaxing hammock with river landscape, public garden,...
In addition to the above mentioned utilities, at Eaton Park you can use 50 other utilities that the investor has reserved for residents.
Especially for the first and only time the Eaton Park project provides additional classy and modern amenities for residents such as: Snow sauna, Onsen, Children's entertainment room. and content creation studio.
Eaton Park is also more special than other projects and there are few projects on the current market that can provide a separate play area for pets. This is considered a plus point for the pet-loving community.
What will the interior design of the apartment look like?
Currently, the investor is opening for sale 2 towers, A5 and A6, with a design of 10 apartments/floor (each floor has 1 3-bedroom apartment, 6 2-bedroom apartments and 3 1-bedroom apartments). Elevator area has 5 machine months/building (about 46 units/1 elevator) Higher than the standard in Vietnam of 65 units/machine month (National technical regulations on apartment buildings, QCVN 04:2018/BXD)
The apartments are designed as semi-detached and independent, optimally bringing in natural outside wind. The apartments are separated by a 20cm thick load-bearing wall (this is a plus point, preventing the apartments from being affected by each other's noise, creating a comfortable living space for siblings.
The height from floor to ceiling is 3.5m2, giving you a cool and comfortable living space when living in the apartment.
The corner apartments are designed with curves, giving the project a more special highlight compared to other projects and giving the apartment a panoramic view (for corner apartments).
What is included in the furniture handed over from the investor?
Selling price and sales policy
What is the selling price of Eaton Park? Is the price a bit high compared to the market? And what is the price increase potential of this project?
Regarding selling price: Currently, the investor is announcing the expected price of 125 million/m2 (Selling price is calculated based on clear area). This is the difference between investors when announcing the selling price based on clear area, usually other investors will sell according to the price calculated based on the wall area. This is more beneficial for customers.
To talk about the potential for price increase, let's look at the picture of the area surrounding the project as well as An Phu Ward in 3 years, 2027. The time when the Eaton Park project is handed over
- The location of Eaton Park is extremely beautiful and very well connected to Binh Thanh, District 1, Thu Thiem and Long Thanh - Dau Giay expressway.
- Behind is Rach Chiec Sports Complex, Saigon Sport City (of Kepple Land). If completed, this will be an international destination.
- The Global City urban area (of Masterise Homes) is about to launch apartments for sale expected at 7,000 - 8,000 USD/m2.
- Next to it is Capitaland's project, which is predicted to cost no less than 6,000 USD/m2 if implemented. Far away towards Hanoi Highway is Truong Tho urban area with a vision for the next 10-20 years.
- Slightly to the left behind is Gem Riverside (of Dat Xanh) preparing to deploy again. As far as I know, the land tax that investors pay is no less than 80 million/m2, so how much will the opening price be?
- An Phu intersection was completed and put into operation.
We return to the Eaton Park project, with the current selling price of 125 million/m2. What do you predict will be the value of the apartment in 3 years?
Project payment policy
Currently, the Investor is announcing 5 payment policies:
You just need to pay 5% and sign the sales contract. In 2025, payment will continue as scheduled, every 6 months, pay 5% until 2027 (only pay total 30% until receiving the house) about 1.8-2 billion for a 1-bedroom apartment.
Above are the reviews and analysis of letienhung.com about the Eaton Park project. You can refer and make the right choice for yourself. If you need any information about the project and update the latest policies on the project, you can contact me for the best support or if you have any suggestions for a complete analysis. and more precisely, please contact me via email: letienhung.hcmc@gmail.com
I sincerely thank you!
