PetroVietnam Green House: Investment and Settlement Opportunity in the Northeast Area of Ho Chi Minh City
The PetroVietnam Green House project, located in the strategic area of Thu Duc District (now Thu Duc City), is one of the condominium and commercial projects of interest in the Northeast area of Ho Chi Minh City. With a scale of 8,000m2, the project not only provides a convenient living space but is also situated in the city’s key development zone for Urban – Science – High Technology.
Overview of PetroVietnam Green House Project
PetroVietnam Green House is developed by PetroVietnam Power Real Estate Joint Stock Company (PV POWER LAND), with PetroVietnam Real Estate Joint Stock Company as the original investor. The project has a total land area of 8,000m² and a construction area of 3,800m². The total estimated investment is about 376 billion VND, demonstrating serious investment in a multi-functional complex project.
The building is designed with 18 floors, with a total construction floor area of 47,400m². The structure includes a commercial center and residential apartments:
- Commercial center: From the 1st to the 3rd floor, with an area of 7,166m².
- Apartment area: 29,047m² dedicated to 390 apartments.
Apartments in PetroVietnam Green House have diverse sizes, ranging from 58.2m² to 82.6m² per unit, suitable for various customer needs. The project was handed over and put into operation in Q3/2012.
Prime Location and Transport Connectivity
PetroVietnam Green House is located at Lot H of Tan Minh Hai residential area, Linh Tay Ward, Thu Duc District, Ho Chi Minh City, with a specific address on Street 9. This location is highly valued for its convenient connectivity and its position in a dynamic development area of the city.
Location advantages:
The project is located near major transport routes and important utilities in the area:
- Near the Tan Son Nhat Airport – Binh Loi main route.
- Convenient access to Thu Duc Market.
- Close to major industrial zones such as Bien Hoa, Song Than, Singapore, and Binh Duong.
- Only 60m from the Binh Loi – Tan Son Nhat belt road, expected to connect through the project area by the end of 2011, enhancing mobility.
With coordinates of Latitude 10.86184978 and Longitude 106.7586365, the project is located in an area with a synchronized social infrastructure system of Thu Duc District.
Selling Price and Investment Potential
The reference selling price at the time of launch was 13.1 million VND/m². General information also indicates an apartment selling price of around 16,500,000 VND/m².
The project is located in the Northeast development direction of the city, an area focused on Urban – Science – High Technology and major universities, and is therefore strongly prioritized for investment by Ho Chi Minh City. The potential for price appreciation is ensured by strong infrastructure development in the area and high housing demand from the large residential community.
Internal and External Utility System
PetroVietnam Green House focuses on building a fully equipped living environment, with more than 50% of the site area dedicated to greenery and public utilities.
Internal utilities:
A total of 1,600m² of green space and 2,600m² dedicated to shared amenities:
- Outdoor swimming pool.
- Fitness area.
- Kindergarten.
- Bar.
- Laundry service.
- Children’s playground.
- Library.
- Multi-functional meeting room.
- Garden area with optimized greenery.
After handover, PVPower Land commits to managing or appointing a professional management company to operate the project, ensuring the best service quality for residents.
External utilities:
Thanks to its convenient location, residents can easily access important social facilities:
- Education: University of Technology and Education.
- Healthcare: Thu Duc Hospital.
- Commerce: Markets and supermarkets.
- Entertainment: Suoi Tien Tourist Area.
The synchronized connection with the regional social infrastructure system improves the quality of life for residents of PetroVietnam Green House.
PetroVietnam Green House is not only an ideal place to live but also an attractive investment option at the gateway of Northeast Ho Chi Minh City.
