Salto Residence - Pho Dong Village: A Bright Spot for Living and Investment in Thu Duc City
Salto Residence is a high-end mixed-use serviced apartment project, located within the 41-hectare Pho Dong Village Urban Area in Cat Lai Ward, District 2 (now Thu Duc City), Ho Chi Minh City. The project is developed by Saigon Construction Corporation (SCC) and is positioned as a multifunctional complex, fully meeting criteria for economic, commercial, financial, service, cultural, educational, scientific, technical, and high-quality entertainment needs.
Project Overview Information
Salto Residence - Pho Dong Village has a scale of 3.9 hectares, including 3 apartment blocks, of which 2 blocks are 21 stories high, located right at the center of PhoDong Village Urban Area. With a construction density of only 24%, the project aims to create a green, peaceful living environment closely connected to nature for residents.
- Project name: Salto Residence - Pho Dong Village
- Location: Nguyen Thi Dinh Street, Cat Lai Ward, District 2 (now Thu Duc City), Ho Chi Minh City.
- Developer: Saigon Construction Corporation (SCC) - Saigon Investment Group.
- Management unit: CBRE.
- Land area: 4.1 hectares (Note: General description states 3.9 hectares).
- Construction density: 24 %.
- Legal status: Long-term ownership for Vietnamese / 50-year ownership for foreigners.
- Expected completion time: Q2/2024.
Reputable Developer: Saigon Construction Corporation (SCC)
The developer of Salto Residence is Saigon Construction Corporation (SCC), established in 1992. The company mainly operates in construction, design, and industrial factory leasing, while also investing in many urban and resort development projects in southern regions such as Ho Chi Minh City, Quy Nhon (Binh Dinh), and Lagi (Binh Thuan). SCC's reputation ensures quality and progress for Salto Residence.
Prime Location and Connectivity Potential
Salto Residence apartments are located right on the frontage of Nguyen Thi Dinh Street at No. 1145, Cat Lai Ward, District 2. This is a strategic location with a beautiful frontage, directly connected to a 4-hectare central park and adjacent to a riverside park of over 3,000m2.
The project is located at the intersection of Ring Road 2 and Nguyen Thi Dinh Street, within the development hub of Thu Duc City, offering extremely convenient regional connectivity:
- Northeast: Adjacent to Ring Road 2, easy access to Ho Chi Minh City – Long Thanh – Dau Giay Expressway.
- Northwest: Adjacent to District 2 People's Committee, heading toward Thu Thiem New Urban Area.
- Southwest: Adjacent to Phu My Hung Bridge, heading toward Phu My Hung Urban Area.
- Southeast: Adjacent to the planned Cat Lai residential area.
Surrounding Infrastructure Planning
As Ho Chi Minh City promotes socio-economic development in District 2, Salto Residence benefits from a series of major infrastructure projects in Cat Lai:
- Traditional Medicine Hospital covering 5.69 hectares, invested by the Ministry of Public Security, located near My Thuy intersection.
- Construction of Cat Lai high-quality high school.
- Upgrade and expansion of Nguyen Thi Dinh Street (section from Giong Ong To Bridge to My Thuy Bridge).
- Central road connecting Dong Van Cong Street with Ring Road 2.
- Clearance of Tran Hung Dao cemetery and planning of Cat Lai port service and residential area of 62.2 hectares.
Apartment Design Optimized for Functionality
Salto Residence consists of 3 blocks (connected corridors between blocks) with a total of 483 apartments, 4 duplex units, and 8 shophouses. The apartment design is generally square-shaped, with reasonable functionality to maximize views, ventilation, and natural lighting.
The overall layout of the project includes:
- 1 basement: Parking for motorbikes and cars.
- Floors 1 & 2: Lobby, Shophouses, kindergarten, community spaces, amenities, parking area.
- Floors 3 - 21: Amenities, office areas, and apartments.
There are a total of 10 elevators, including 6 passenger elevators and 4 service elevators, ensuring convenient movement for residents.
Detailed Apartment Structure
The buildings and apartments are designed so that both living rooms and bedrooms have outward-facing views for open space. All units feature balconies and loggias, with a ceiling height of 3.2m and a corridor width of 1.8m. The project offers a variety of apartment types:
Detailed information on apartment types:
- 1-bedroom apartments (69 units): Area 45m2 - 50m2 – 58m2.
- 2-bedroom apartments (356 units): Area 69m2 - 72m2 - 76m2.
- 3-bedroom apartments (54 units): Area 85m2 – 95m2 – 128m2.
- Duplex apartments (4 units): Area 141m2 (+ 73m2 – 93m2 private garden).
Block-Based Design Analysis
The project is divided into 3 blocks with different apartment densities and elevator allocations:
- Block A: 7 floors (32 units), maximum 11 units/floor with 2 elevators. Typical layout: 1 unit 1-bedroom, 8 units 2-bedroom, 2 units 3-bedroom.
- Block B: 21 floors (193 units), maximum 10 units/floor with 3 elevators. Typical layout: 8 units 2-bedroom, 2 units 3-bedroom.
- Block C: 21 floors (245 units), maximum 15 units/floor with 5 elevators. Typical layout: 2 units 1-bedroom, 11 units 2-bedroom, 2 units 3-bedroom.
Diverse and Modern Amenity System
Salto Residence offers a modern "dual" amenity system, serving all living, learning, and entertainment needs of residents, from premium internal amenities to external amenities inherited from Pho Dong Village and Cat Lai area.
Outstanding Internal Amenities
Internal amenities are designed to create a comfortable and relaxing living environment:
- Infinity swimming pool with city views.
- Fully equipped high-end gym.
- Elevated Golfzone for premium leisure experience.
- Plaza – Water playground and outdoor playground/private playroom for children.
- Outdoor BBQ area, Bar counter, and Café with elevated views.
- Four-season greenery system and relaxing maze garden.
- Mini library.
External Amenities
Being located within Pho Dong Village Urban Area, Salto Residence inherits available amenities such as:
- Education system: Kindergarten, primary school with total area of 19,000m2.
- Entertainment chain: Riverside park, tennis court, gym, elderly care center, swimming pool, children's playground.
In addition, the project is close to well-planned amenities in Cat Lai Urban Area and the new administrative center of District 2:
- Education: Son Ca kindergarten, My Thuy primary school, My Thuy secondary school.
- Healthcare: Phuc An Khang International Hospital.
- Administration: Supreme People's Court of Appeal headquarters, District 2 People's Committee.
Pricing Information and Incentive Policies
The selling price of apartments at Salto Residence - Pho Dong Village ranges from 55.8 - 59.1 million VND/m² (average displayed price is 59 million VND/m²). Detailed price range by apartment type:
- 1-bedroom apartment price: from 2.9 - 3.5 billion VND.
- 2-bedroom apartment price: from 3.9 - 4.4 billion VND.
Rental price for shophouses in Pho Dong Village: from 15 - 32.5 million VND/month.
Attractive Sales Policies
The developer SCC offers many incentive policies to support customers:
- 5% discount for each successful transaction at the launch event, plus a bonus of 10 taels of gold for customers purchasing 3-bedroom units.
- Customers following the standard payment method only need to pay 25% until receiving the apartment handover notice.
- The developer supports interest rates until handover notice and waives early repayment fees.
- Bank principal grace period: first 30 months or until receiving the handover notice (whichever comes first).
Legal Status and Project Progress
In terms of legal status, the project has obtained land allocation decision and 1/500 detailed planning approval. The developer is completing procedures to apply for a construction permit, ensuring long-term ownership for Vietnamese and 50-year ownership for foreigners.
The project is being implemented on schedule and is expected to be completed in Q2/2024, bringing peace of mind to investors and future residents.
Salto Residence - Pho Dong Village is not only an ideal place to live with a green environment and synchronized amenities, but also an attractive investment opportunity in the rapidly developing area of Thu Duc City.
