In-depth Review of MT Eastmark City Apartment Project: A Residential and Investment Opportunity in Thu Duc City, Ho Chi Minh City
MT Eastmark City is a prominent high-rise subdivision within the Centana City residential complex developed by Dien Phuc Thanh Construction and Trading Co., Ltd. The project is strategically located in Long Truong Ward, Thu Duc City (formerly District 9), Ho Chi Minh City. Developed by Dien Phuc Thanh as the investor, and Rio Land Real Estate Investment Joint Stock Company as the project developer, MT Eastmark City promises a modern, convenient living space along with strong potential for future real estate value appreciation.
Project Overview of MT Eastmark City
The MT Eastmark City apartment complex is planned on a large land area of up to 20 hectares, but notably with a low construction density of only 25%, ensuring a spacious and nature-friendly living environment for residents. The project consists of 7 apartment blocks, each 22 stories high, providing a total of 1,720 units to the market. With long-term ownership (freehold) legal status, this is a major advantage for buyers in terms of security and ownership stability.
Basic project information:
- Project name: MT Eastmark City Apartment
- Location: Truong Luu Street, Long Truong Ward, District 9, Ho Chi Minh City (now Thu Duc City)
- Investor: Dien Phuc Thanh Construction and Trading Co., Ltd.
- Developer: Rio Land Real Estate Investment Joint Stock Company
- Contractor: Phuoc Thanh
- Total area: 20 hectares
- Construction area: 43,454 m²
- Construction density: 25%
- Scale: 7 towers, 22 floors each
- Number of units: 1,720 apartments
- Legal status: Freehold ownership
Strategic Location and Connectivity
The location of MT Eastmark City is highly valued thanks to its position along Ring Road 3, a major transportation artery in the eastern area. In addition, the project also has frontage on two important roads: Truong Luu and Lo Lu. These routes not only provide convenient internal and regional connectivity within Thu Duc City but also enhance interprovincial accessibility.
Regarding transportation infrastructure, the project benefits from key ongoing developments. The Ben Thanh – Suoi Tien Metro Line, although located about 6–7 km away (at High-Tech Park station and Suoi Tien Cultural Park station), will serve as a modern public transport system connecting residents to the city center quickly. In the near future, MT Eastmark City will directly connect to Ring Road 2 and the Long Thanh – Dau Giay Expressway, enabling fast travel to neighboring provinces such as Binh Duong, Long An, and Dong Nai.
Notably, Ring Road 3 project section 1A Tan Van – Nhon Trach, 8.7 km long including Nhon Trach Bridge, officially broke ground on September 24, 2022, with an expected construction period of 35 months. This project opens significant real estate development potential for surrounding areas on both sides of Ho Chi Minh City and Dong Nai, including MT Eastmark City.
External amenities connectivity:
- Schools (primary, secondary, and kindergartens) located within a few kilometers of the project.
- 2 km to Long Truong Market.
- 3.7 km to Long Truong Secondary School.
- 5 km to BCR Tourist Area.
- 8 km to Le Van Viet General Hospital.
- 9 km to Vincom Le Van Viet.
Diverse and Premium Internal Amenities
Located within the large Centana City residential complex, MT Eastmark City residents enjoy a wide range of existing amenities. In particular, the project offers more than 100 internal facilities designed in a resort-style standard, meeting all daily living, entertainment, and relaxation needs.
Key amenities include:
- Resort-standard swimming pool.
- Internal river and riverside park.
- Children’s playground.
- Shophouse area with shops and cafés.
- Modern gym.
- Outdoor BBQ area.
- Jogging paths.
- Parking area.
- Security system, air conditioning, fire protection, and standard emergency exits.
- Community hall.
- Supermarket and reception area.
- High-speed elevators.
In addition, residents can easily access major surrounding amenities in District 9 and Thu Duc City such as the High-Tech Park, Vinhomes Grand Park, Dong Tang Long Urban Area, and BCR Tourist Area.
Master Plan and Apartment Types
MT Eastmark City is divided into 3 main subdivisions with a total of 7 towers:
- Eastmark 1: 5 towers
- Eastmark 2: 1 tower
- Eastmark 3: 1 tower
The apartments are designed with square, well-optimized layouts. The staggered arrangement of towers is a highlight in the design, improving air circulation and ensuring that apartments remain airy and well-ventilated. All units feature balconies with unobstructed views.
The project offers a variety of apartment types including 1+1 bedroom, 2-bedroom, and 3-bedroom units, with sizes ranging from 59.6 m² to 126.8 m², suitable for singles, young families, and multi-generational households.
In particular, the 3-bedroom units are designed in a dual-key concept. This smart layout allows one bedroom to function as a separate studio apartment. This provides dual benefits: owners can enjoy private living space while renting out the studio for passive income, ensuring both privacy and profitability.
Pricing Updates and Sales Policy
MT Eastmark City has undergone several successful sales phases, demonstrating strong demand in the eastern Ho Chi Minh City real estate market.
Price history:
- First phase (April 16, 2022): around 2,000 bookings, sold out first batch. Price: 34–36 million VND/m² (excluding VAT).
- Phase 2 (September 25, 2022): 600 units launched, 2-bedroom units sold out on launch day. Price: 39–45 million VND/m² (including VAT).
- October 2022: launch of DIVA tower with river view. Price: from 42 million VND/m².
- June 2023 update: price around 42 million VND/m².
As of March 2024, the project continues selling units in the Hybrid tower—the most premium tower—with sizes from 63–100 m². Current price ranges from 42–46 million VND/m² (excluding VAT).
Units are delivered with high-end furnishings from reputable brands such as Duravit, Hansgrohe, and An Cuong, offering value comparable to projects priced at 60–70 million VND/m².
Rental prices in 2024 range from 7–10 million VND/month, showing strong rental potential.
Project Progress and Reality Update
As of December 2022, after two sales phases, MT Eastmark City had sold more than 1,000 units. Buyers from both phases have signed sales and purchase contracts, demonstrating legal clarity and developer commitment.
Infrastructure progress is also being accelerated with the construction of Nhon Trach Bridge (Ring Road 3) starting on September 24, 2022, expected to be completed in 35 months, further boosting the area’s development potential.
In November 2023, the developer introduced the Hybrid tower design, showing continuous product updates and construction progress.
Investment Potential Analysis
With current pricing at 42–46 million VND/m² (2024) and a prime location on Ring Road 3, MT Eastmark City has strong future appreciation potential. Key driving factors include:
- Infrastructure development: Completion of Ring Road 3, connection to Ring Road 2 and Long Thanh – Dau Giay Expressway will significantly increase property value in Long Truong Ward, Thu Duc City.
- High-end interior delivery: Premium branded furnishings increase unit value and reduce move-in time.
- Dual-key model: Flexible investment model allowing both living and rental income optimization.
- Quality living environment: Low density (25%) and 100+ resort-style amenities ensure high living standards and strong rental demand.
MT Eastmark City is not only an ideal place to live for residents seeking modern living in a dynamic new urban area of Thu Duc City, but also a smart investment choice with sustainable profit potential from capital appreciation and rental income.
As of March 2024, the project is actively selling units in the premium Hybrid tower. Buyers should consider this opportunity before major infrastructure projects are completed, which are expected to further increase property values.
