The Pegasuite 2: A Superior Residential and Investment Highlight in Central District 8
The Pegasuite 2 project is not just a typical condominium development but also a new symbol of modern and convenient living in the administrative center of District 8, Ho Chi Minh City. Located at a prime corner position with two main frontage roads, Bình Đăng and Tạ Quang Bửu, this project has quickly become a focal point for both investors and residents seeking an ideal place to live.
With a total of 361 apartments built on a land area of 3,919 m² and a reasonable construction density of 45%, The Pegasuite 2 is developed by Phương Việt Real Estate Investment and Trading JSC (PVInvest) and constructed by the reputable Coteccons. The project was completed and officially handed over on December 18, 2023, confirming its commitment to quality and schedule.
This article provides an in-depth analysis of the key factors that define The Pegasuite 2’s value, including its strategic location, refined design, diverse amenities, investment potential, and transparent legal status.
Prime Location – Four-Direction Connectivity Hub
Location is the most important factor determining real estate value, and The Pegasuite 2 enjoys a “diamond” position in central District 8 at 1079 Tạ Quang Bửu Street, Ward 6. This area is not only a rapidly developing residential zone but also the administrative center of District 8.
The project stands out due to its highly flexible connectivity, serving as a strategic intersection between four of the busiest inner-city districts: District 1, District 4, District 7, and District 5. Located on multiple frontages including major roads such as Tạ Quang Bửu, residents can easily access the city center and surrounding areas.
A major advantage is its proximity to Bình Tiên Bridge, an important transport route connecting to Võ Văn Kiệt Boulevard, significantly reducing travel time to Districts 1, 5, and 6.
From The Pegasuite 2, residents can quickly reach key destinations within 5–10 minutes:
- Commercial connections: Crescent Mall, Bình Tây Market, Aeon Mall District 8.
- Healthcare: Chợ Rẫy Hospital.
- Urban area access: Phú Mỹ Hưng Urban Area.
Key distances:
- Tan Son Nhat Airport: 9.9 km
- Ben Thanh Market: 7.1 km
- Tran Danh Lam Primary School: 1 km
- Hoang Mai 1 Kindergarten: 1.5 km
- An Duc Vocational School: 1.7 km
- Ham Tu Primary School: 1.3 km
- Yola Him Lam English Center (District 7): 1.4 km
Outstanding Design and Optimized Floor Plans
The Pegasuite 2 is designed by Germany-based Korn Architects, delivering a modern and refined architectural style with well-optimized living spaces. Special attention is given to duplex apartment designs.
Overall Layout and Functional Zoning
The project consists of one 28-storey tower with a total construction floor area of 33,305.3 m²:
- Floors 1–2: Shophouse (commercial service units).
- Floors 3–4: Officetel units.
- Floors 5–28: Residential apartments ranging from 52 m² to 98 m².
Apartment Types
- 1-bedroom units: 46–55 m², suitable for singles or young couples.
- 2-bedroom units: 60–75 m², ideal for small families.
- 3-bedroom units: 85–95 m², for multi-generation families.
- Duplex units: 90–110 m², the first duplex concept in District 8, offering luxury and spacious living.
Premium Amenity System
The Pegasuite 2 provides a diverse internal ecosystem, fully meeting residents’ needs for living, working, recreation, and wellness.
Internal Amenities
- Commercial center at ground floor
- Luxury reception lobby
- Outdoor tropical-style swimming pool on Level 3
- Modern gym with pool view
- Children’s play area and daycare zone
- Sky garden and rooftop green space (Level 26)
- BBQ area, jogging track, tennis court
- Yoga room, sauna, spa, coffee shop, restaurant
- 24/7 security system, CCTV, fire protection system
External Amenities
Residents also benefit from surrounding facilities such as schools, shopping centers, supermarkets, and hospitals within a short distance.
Developer and Legal Status
Reputable Developer
The Pegasuite 2 is developed by PVInvest, with Coteccons as the main contractor, ensuring high construction quality and reliability.
Transparent Legal Status
The project offers long-term ownership (pink book) for Vietnamese buyers. Foreign buyers are granted ownership rights for 50 years in accordance with current regulations.
Progress and Pricing
Project Status
- March 2023: Topped out (structural completion)
- July 2023: Exterior finishing works in progress
- December 18, 2023: Official handover completed
Price Range
The selling price ranges from 53.57 to 80.56 million VND/m², which is competitive for a completed project in central District 8 with full amenities and strong connectivity.
Investment Potential Summary
- Prime central District 8 location with strong connectivity to Districts 1, 4, 5, and 7
- Full internal amenities: pool, sky garden, gym, shopping center
- Diverse product types including duplex units
- Transparent legal status with long-term ownership
- Completed and ready for occupancy and exploitation
With 361 apartments across one modern tower, The Pegasuite 2 delivers a high-quality, convenient, and contemporary lifestyle. For investors, it represents a liquid asset with stable long-term value thanks to its strategic location and reputable development by PVInvest and Coteccons.
