Detailed Evaluation of City Horse Urban Area Project: A Comprehensive Overview of the New Urban Area in District 2, Ho Chi Minh City
City Horse Urban Area, located in An Phu Ward, District 2 (now Thu Duc City), is one of the large-scale new urban development projects, notable for the participation of multiple reputable investors. The project not only provides a modern living space but is also planned with synchronized infrastructure and amenities, meeting the increasingly high demand of Saigon residents for a quality living environment.
Basic Information and Investors
City Horse is a multi-functional new urban area developed at a strategic location in An Phu Ward. The project stands out due to the involvement of a consortium of major real estate investors in Vietnam. The total area of the urban zone is 88.03 hectares.
Project Development Partners
The City Horse project attracts participation from a large group of developers, reflecting the scale and complexity of its master planning. Participating investors include:
- Phu Nhuan Housing Development and Trading Company
- Thu Duc House Company
- Saigon Coorp
- Thu Thiem JSC
- Tien Phuoc Company
- Phu My Company
- My My Company
- Tan Tao Company
- Tan Binh Company
In addition, the main investor is Saigon Real Estate Corporation (Resco). The cooperation of many leading units ensures strong financial capacity and experience in implementing large-scale projects, promising a high-quality urban area.
Strategic Location and Connectivity
City Horse Urban Area is located on Vu Tong Phan Street, An Phu Ward, District 2, Ho Chi Minh City (now Thu Duc City). This is a prime location in a rapidly developing area with convenient transportation connections to the city center and neighboring provinces.
The geographic coordinates of the project are Latitude 10.79785919 and Longitude 106.7484741.
Surrounding Boundaries
The location of City Horse is clearly defined by its surrounding boundaries:
- North: Borders Hanoi Highway, near the toll station area. This is a major transport artery connecting Ho Chi Minh City with eastern provinces.
- East: Borders Provincial Road 25B (60m wide), enabling easy access to suburban areas.
- South: Borders Luong Dinh Cua Street (100m wide), an important route in District 2.
- West: Borders An Phu - An Khanh New Urban Area (131ha) and Metro Supermarket (now MM Mega Market), a well-developed commercial area.
With this location, residents benefit from a complete transportation system, easy access to commercial and service amenities, and convenient travel to the city center via Thu Thiem Tunnel or Saigon Bridge.
Scale and Planning Indicators
The City Horse project has a total planned area of 88.03 hectares. Planning indicators are designed to create a green, modern, and sustainable urban area, balancing residential, commercial, service, and public spaces.
Land Use Structure
The land use structure is allocated as follows:
- Residential and mixed-use commercial land: 44.14 ha, accounting for 50.14% of total area.
- Public facilities land: 6.24 ha, accounting for 7.09%, including:
- Education land: 4.04 ha
- Commercial-service land: 2.2 ha
- Parks, greenery, sports, and water surface: 10.42 ha (11.84%), contributing to a green living environment.
- Transportation and parking land: 23.28 ha (26.45%), ensuring smooth internal traffic and external connectivity.
- Existing religious land: 3.59 ha (4.48%).
Key Architectural Indicators
Architectural planning indicators are designed to optimize land use while maintaining a reasonable construction density:
- Estimated population: 30,000 people.
- Overall building density: 30%, ensuring balance between construction and open space.
- Floor area ratio (FAR): 4 times.
Residential Land Use Indicators
Residential land use indicators are carefully calculated to ensure adequate living space and public amenities:
- Total residential land use: 28.03 m²/person
- Residential and commercial land: 14.71 m²/person
- Public facilities land: 2.08 m²/person
- Green park land: 3.47 m²/person
- Transportation land: 7.76 m²/person
The allocation of 3.47 m² of green space and 7.76 m² of transportation land per person shows that City Horse aims to build a green, spacious living environment with a high-quality internal transport system.
Investment Value and Potential
City Horse is located in District 2 (Thu Duc City), one of the fastest developing infrastructure and urbanization areas in Ho Chi Minh City, creating strong long-term value growth potential.
The current price range of the project varies from 18.82 million VND/m² to 282.96 million VND/m². This wide range reflects the diversity of property types within the urban area (land plots, apartments, townhouses, shophouses) and their specific locations.
This pricing confirms that City Horse is not only an ideal place to live but also an attractive investment opportunity, especially as District 2 continues to be a key development hub of Thu Duc City.
Conclusion
City Horse Urban Area is a clear representation of modern urban development in Ho Chi Minh City. With its large scale (88.03 ha), participation of multiple major investors, and well-defined planning indicators (30% building density, estimated population of 30,000), the project provides not only a modern living environment but also contributes to forming a complete and vibrant urban area in An Phu Ward, Thu Duc City. This is definitely a worthwhile choice for both residential living and long-term investment.
