The Global City: A 117ha high-end urban area and investment opportunity in Thu Duc City
The Global City project (formerly Saigon Binh An, Him Lam City) is one of the largest mixed-use urban developments in the former District 2 area, now An Phu Ward, Thu Duc City, Ho Chi Minh City. Developed by Masterise Homes (under Masterise Group), the project not only provides a luxurious living space but also stands as a major architectural and planning landmark in the eastern part of Saigon.
With a total area of 117.42 hectares and a construction density of only 30%, The Global City promises to deliver a modern ecological environment that harmoniously combines high-end residential areas with an international-standard golf complex. This real estate project is expected to become the new "Downtown City" of Ho Chi Minh City.
Overview of The Global City project
The Global City is a high-end urban development invested by Masterise Homes, located in An Phu Ward, District 2 (now Thu Duc City). The total area is 117.42 hectares, including residential zones and a golf complex.
Project details:
- Residential area: 22 hectares, including 20 apartment blocks and nearly 200 villas and garden townhouses.
- Golf complex area: 92 hectares, including a golf club, 18-hole golf course, resort area, spa, and a 400-room hotel.
The project supplies around 12,000 housing units, including approximately 600 townhouses, 300 villas, and 40 apartment blocks, offering diverse product types for both investment and premium living needs.
Developer and project stakeholders
The project is developed by Masterise Homes. Key construction and management partners include:
- Developer: Masterise Homes
- Contractors: Tuong Viet, Tung Feng
- Management unit: Artelia
Strategic location and regional connectivity
The Global City is located on Do Xuan Hop Street, An Phu Ward, District 2, Ho Chi Minh City. This area is a key development zone with strong infrastructure investment from the city government.
Detailed location description
In addition to Do Xuan Hop Street, the project is adjacent to the Ho Chi Minh City – Long Thanh – Dau Giay Expressway frontage road and the extended Lien Phuong Road. Boundaries of the project:
- West: Adjacent to Rach Chiec Sports Complex – Saigon Sports City.
- North: Adjacent to Rach Chiec River, offering open riverside views.
Convenient regional connectivity
Thanks to this strategic location, The Global City enjoys excellent connectivity to surrounding amenities and the city center:
- Within 1–3 km: Public schools at all levels and Saigon Star International School.
- 1–2 km: Thanh My Loi Market, Cat Lai Market, Cay Xoai Market.
- 2.5 km: District 2 General Hospital.
- 3 km: District 2 People's Committee, Vinatex supermarket.
- 6 km: Metro Supermarket, Big C, Parkson Shopping Center.
- 7 km: Saigon Bridge.
- 11 km: Bitexco Tower, District 1 Vincom.
However, traffic congestion is currently heavy in this area, especially on Do Xuan Hop Street. In the future, the completion of Metro Line 1 (Ben Thanh – Suoi Tien) is expected to reduce traffic pressure and improve connectivity.
Master plan and design
The Global City is comprehensively planned with multiple high-end functional zones, forming a modern ecological mixed-use development:
- Villa zone
- Garden townhouse zone
- High-rise apartment zone
- Hotel and golf complex
SOHO townhouse design
The SOHO townhouse area is a key highlight of the project with modern design and multi-functional use. Specifications:
- Area: 95–140m²
- Structure: 1 ground floor + 4 floors (no basement, with elevator)
- Handover: Raw interior - completed exterior
Each SOHO townhouse has a unique architectural design, creating diversity and distinct identity within the urban area.
High-rise apartment development
As of February 2024, the developer plans to launch phase 1 of the high-rise apartments including towers CT7, CT8, and CT9. Units range from 50–150m², including 1–4 bedroom apartments and penthouses. This will supplement the originally planned 40 apartment blocks.
Internal and external amenities
The Global City is developed as an ecological mixed-use complex, offering a wide range of services and entertainment facilities for residents.
Outstanding internal amenities
- Marina
- 18-hole golf course and golf club
- City Park with large lake landscape
- 5-star clubhouse
- BBQ area, walking paths
- 500m² infinity pool
- Indoor & outdoor sports facilities (Gym, Yoga, Basketball court)
- Shopping mall, supermarket, convenience stores
- Community and kids facilities (activity rooms, playground, kindergarten)
- Services (reception, spa, coffee, restaurant, ATM & bank)
- Infrastructure & security (parking, elevators, security system, AC system, fire protection, emergency exits)
External amenities
Residents can easily access nearby amenities such as Co.opmart, Vinmart, Metro An Phu, District 9 High-Tech Park, and surrounding international schools and universities.
Legal status and project history
The legal status of The Global City is guaranteed by Masterise Homes, with long-term ownership for Vietnamese citizens and 50-year ownership for foreign buyers.
Development timeline
- 2001: Saigon Development Investment Corporation (SDI) was assigned 137.44ha for Saigon Golf project, later converted to Saigon Binh An residential area.
- 2015: Him Lam Group re-invested; Ho Chi Minh City approved planning adjustment.
- Early 2021: Renamed Him Lam City and construction started.
- End of 2021: Acquired by Masterise Group and renamed The Global City.
Construction progress and handover
The project officially broke ground on March 18, 2021. Construction progress has been actively implemented:
- Sep 2022: SOHO row houses topped out; musical fountain shows launched.
- Dec 2022: Internal bridge construction started; several rows completed exterior finishing.
- Jan 2024: First SOHO townhouses officially handed over.
- Mar 2024: Rapid development; City Park nearing opening.
The fast progress, especially the handover of SOHO townhouses, demonstrates Masterise Homes’ commitment to quality and timeline.
Price information and reference range
The Global City has a wide price range depending on product type and location, estimated at 110.6 – 573.4 million VND/m².
SOHO townhouse price updates
Second launch phase (April 23, 2022):
- Regular units: 38–39 billion VND/unit
- Corner units: 55–56 billion VND/unit
- Non-corner LK7: 42–43 billion VND/unit
- Premium corner LK7: 59–60 billion VND/unit
- Total range: 45.148 – 61.387 billion VND (excluding maintenance fee)
High-rise apartment pricing
As of February 2023, rumor price is around 180 million VND/m². Phase 1 launch is expected in Q1/2024 for towers CT7, CT8, CT9 with a booking fee of 50 million VND/unit (refundable).
The Global City is not only a residential project but a complete mixed-use urban area, delivering high-end living standards and strong growth potential in Thu Duc City.
