The River Thu Thiem: Luxury Apartment Project on the Saigon River
The River Thu Thiem is an impressive high-end residential project developed through a partnership between two major real estate groups: REFICO and CII. Located at a prime position on the corner of Nguyen Co Thach Street and Vong Cung Boulevard in Thu Thiem Urban Area, Thu Duc City (formerly District 2), this project not only offers stunning views of the Saigon River but also delivers a luxurious and fully equipped living environment.
Prime Location in Thu Thiem Urban Area
The River Thu Thiem is located on Nguyen Co Thach Street, An Khanh Ward, District 2 (now Thu Duc City), Ho Chi Minh City. This is one of the most strategic locations, situated right next to Thu Thiem Bridge 1 and along the Saigon River, offering excellent connectivity and an ideal living environment.
From this location, residents can easily travel:
- About 1 km to Binh Thanh District.
- About 5 km to District 1.
Within a 2 km radius, residents can quickly access major amenities and international schools:
- 2 km to Him Lam Golf Course.
- Within 2 km to international schools such as ISSP, Wellspring Saigon, Canada International School, and Vinschool.
- 3 km to Landmark 81 tower.
- 2.8 km to Vinmec Hospital.
- 3.1 km to Pearl Plaza Shopping Center.
- 2.9 km to Saigon Zoo.
The River Thu Thiem is built on two land plots (3-15 and 3-16) in Functional Area No. 3 of the Thu Thiem New Urban Area. These plots have four frontage sides, two of which face the river and park, while the others connect directly to the 55m-wide Vong Cung Boulevard. This area is planned as a mixed-use commercial zone with low residential density along the riverbanks, featuring key landmarks such as schools and a museum.
Project Overview and Reputable Developers
The River Thu Thiem is developed by Refico and CII. Refico is a well-known real estate developer recognized for high-quality projects with unique architectural designs. This partnership ensures international standards in construction quality and project management.
- Project name: The River Thu Thiem
- Total land area: 1.54 hectares
- Number of towers: 3
- Total units: 525 apartments
- Construction density: 36%
- Contractor: Ricons
- Legal status: Long-term ownership (red book)
Design and Luxury Apartment Layout
The project consists of 3 towers named Seine Tower (12 floors), Thames Tower, and Hudson Tower (18 floors). With a density of 9–16 units per floor, The River Thu Thiem offers spacious and private living environments.
Notably, the design ensures that all apartments have direct, unobstructed views of the Saigon River. The project offers three main product types:
- 501 standard apartments from 1 to 4 bedrooms.
- 12 penthouse units.
- 12 pool villas.
Apartment sizes:
- 1-bedroom: 64 m²
- 2-bedroom: 94 m²
- 3-bedroom: 140 m²
- 4-bedroom: 203 m²
- Pool villas: 260 m² and 373 m² (with private pools)
- Penthouses: 285 m² and 358 m² (with sky garden and private pools)
Notably, 3- and 4-bedroom units, penthouses, and pool villas are equipped with private elevators, ensuring maximum privacy and luxury.
5-Star Resort-Style Amenities
As a luxury residential project, The River Thu Thiem offers a wide range of premium amenities to meet all lifestyle, entertainment, and relaxation needs:
- 50m Olympic-standard swimming pool
- Infinity pool
- Sun lounges and poolside seating
- Karaoke room
- Cinema room
- Golf simulation room
- Cigar lounge
- Riverside lounge
- Dedicated outdoor amenity elevators
- Community room
- Children’s playground
- Supermarket and convenience stores
- Parking area
- Tennis and basketball courts
- BBQ area
- Park and jogging tracks
- Sauna, gym, yoga room, spa
- 24/7 security system and modern fire protection system
- Professional reception service
- Coffee shops, restaurants, and shopping center
- High-speed elevators and emergency exits
- Central air-conditioning system
Updated Selling Price and Project Progress
As of June 2023, the selling price of The River Thu Thiem ranges from 125 to 297.2 million VND/m².
Apartment price ranges:
- 1-bedroom: 8.53 – 10.94 billion VND
- 2-bedroom: 11.6 – 16.63 billion VND
- 3-bedroom: 16.4 – 80.99 billion VND
Rental prices (reference):
- Overall rental range: 21 – 116.32 million VND/month
- 1-bedroom: 18 – 26.89 million VND/month
- 2-bedroom: 22 – 39.01 million VND/month
- 3-bedroom: 31 – 93.4 million VND/month
Overall price per square meter ranges from 175.53 to 372.09 million VND/m².
Payment Policy
The project offers flexible payment methods suitable for both Vietnamese and foreign buyers.
Installment payment plan (5% discount applied):
- Deposit: 200 million VND per unit
- Stage 2 (April 2021): Pay 28% and sign Sales Contract
- Stage 3 (June 2021): Pay 8%
- Stage 4 (August 2021): Pay 8%
- Stage 5 (October 2021): Pay 8%
- Stage 6 (December 2021): Pay 8%
- Stage 7 (February 2022): Pay 10%
- Stage 8: Pay 25% upon handover notice
- Stage 9: Pay remaining 5% upon receiving the red book
Construction progress
As of October 2022, The River Thu Thiem has been completed and is preparing for handover. Internal facilities are fully finished and match the original design. The developer began handing over units to residents from late 2022.
Conclusion
The River Thu Thiem is not just a place to live, but a symbol of luxury living in the new central area of Ho Chi Minh City. With its prime riverside location, unique apartment design with panoramic views, and complete high-end amenities, the project stands out as a top choice for customers seeking luxury and superior quality of life. The long-term ownership legal status further ensures safety and long-term value for both investors and residents.
