- The Global City
The Global City is a mega-urban area developed by Masterise Home, a member of the Masterise Group (the first real estate development unit in Vietnam to apply international standards in management, operation and development). developing real estate projects in Vietnam as well as globally). The Global City is on a mission to create a new symbol for the city. Thu Duc in particular and City. Ho Chi Minh City in general and has a classy "Downtown" symbol of Southeast Asia.
Customers know Global City as the project's commercial name. In addition, The Global City also has another name, Saigon Binh An Urban Area, with a project complex of up to 117 hectares including all types of apartments, townhouses, villas,... along with other amenities. Top high-end entertainment facilities such as City Park, 5* hotels, shopping centers, hospitals, international schools, ...
Commercial name of the project: The Global City
Location: Do Xuan Hop Street, An Phu Ward, City. Thu Duc, City. Ho Chi Minh.
Investor: Masterise Home – belongs to Masterise Group
Architectural design: Foster + Partner (from UK)
Landscape design: WATG (from Singapore)
Project monitoring: Artelia (from France)
General construction contractor: Tung Feng (from Taiwan)
Subcontractors: Central, An Phong
Project management consulting unit: Quimera Energy Efficiency (from UK)
Management and operation unit: Masterise Property Management (part of Masterise Home)
Project scale and area: total area of 117 hectares, divided into 2 low-rise subdivisions including: Soho townhouse – Dinner Squares – Water Front, Oasis villa and high-rise subdivision is Canal Walks from 17-21 buildings.
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When mentioning the Global City mega-urban project, we cannot help but mention the project's symbolic canal, "The Canal of Love", where international outdoor water music shows are performed. In addition, the Soho neighborhood will be the Eten culinary neighborhood, experiencing culinary cultures around the world.
City Park – World-class entertainment destination at the Global City project. The complex includes outdoor play areas, speed challenges with a Go-Kart track for the first time in Vietnam, a sports complex with training fields, and international standard competitions for a variety of sports. The sport is suitable for all ages, from young people who are passionate about adventure sports, to families looking for a place to relax and have fun together. Especially the virtual reality interactive game area for those who are passionate about technology with 12 VR and AR games.
Greater urban area Global City Construction of phase 1 will begin in January 2022 with the Soho subdivision and be handed over at the end of 2023. With a total urban area of up to 117 hectares, divided into 6 phases and diverse product types. such as: Apartment, Penthouse, low-rise Shophouse, Townhouse, Villa, ...
Foster + Partners is the main unit responsible for architectural design for the entire Global City urban area, along with that WATG is a landscape design unit and general construction contractor Tung Feng (Taiwan) and the monitoring unit is Artelia. Legally, the project will have long-term ownership for Vietnamese people and 50 years for foreigners.
Details of subdivisions at Global City:
- State 1: Soho townhouse subdivision (with 925 products)
- Phase 2: Dinners Square subdivision (with 554 products)
– Stage 3: Waterfront Park subdivision (with 381 products)
– Stage 4: Canal Walk high-rise apartment subdivision (with 8,530 products)
– Stage 5: Villa Oasis subdivision (with 22 products)
The Globa City is applying an extremely good payment policy including a long-term payment schedule according to the Investor's schedule, a quick payment schedule with high discounts and a new bank loan payment schedule. Low interest rate incentives from Techcombank.
– Standard payment discount 5.5%
– Quick payment with discount 10%
– Loan support up to 80% apartment value
– Grace period of 15 months interest rate 0%
– Original grace period up to 4 years
| WAIT | PAYMENT TIME | PAYMENT RATE |
| Make a Deposit | ... | 500 million or 1 billion |
| 1st | Within 7 days from the date of deposit | 10% |
| Phase 2 | 60 days from the first installment payment date | 10% |
| 3rd round | 60 days from the date of payment of the 2nd installment | 10% |
| Phase 4 | 60 days from the date of payment of installment 3 | 10% |
| Phase 5 | 60 days from the date of payment of installment 4 | 10% |
| Phase 6 | 60 days from the date of payment of installment 5 | 10% |
| Phase 7 | 60 days from the date of payment of installment 6 | 10% |
| Phase 8 | Notice of house handover | 25% + 0.5% PBT |
| Phase 9 | Receive handover of books | 5% |
Masterise Homes belongs to Masterise Group, established in 2007 under the leadership of Ms. Do Tu Anh (Masterise Group's predecessor was Thao Dien Investment Joint Stock Company - Thao Dien Investment). This is considered a leading developer with high-end apartment lines in Ho Chi Minh City. Masterise Homes was born with the goal of managing and developing real estate projects of Masterise Group.
After the change event in 2019, Masterise comes with the goal of being a pioneering international real estate developer applying global standards in the development, operation and management of real estate products and services. real estate in Vietnam and the world.
Owning the largest Branded Residences portfolio in Southeast Asia, Masterise Homes affirms its international capabilities through cooperation with Marriott International - the world's largest hotel group with brands Marriott and JW. Marriott and Ritz-Carlton.
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