Detailed Review of The Useful Apartment Project: Ideal Living and Investment Opportunity in Tan Binh District
The Useful Apartment, also known as Era Lac Long Quan, is one of the notable condominium projects located in a strategic area of Tan Binh District, Ho Chi Minh City. With a perfect combination of prime location, modern planning, and diverse amenities, this project not only provides an ideal living space but also offers an attractive investment opportunity for buyers.
Located right at the intersection of Lac Long Quan – Au Co, Ward 9, Tan Binh District, The Useful Apartment benefits from excellent connectivity to central districts and especially Tan Son Nhat International Airport. This is a key factor that enhances the long-term value of real estate, especially as land in central areas becomes increasingly scarce.
Overview of The Useful Apartment Project
The Useful Apartment is developed by General Construction Compensation and Clearance Corporation, a reputable developer. To create a high-quality living environment, the developer has collaborated with professional partners to ensure construction quality and project progress.
The main contractor is Foreign Trade Construction Investment Joint Stock Company, and the management unit is CONINCO Technology, Equipment and Construction Consulting and Inspection JSC. The involvement of these leading organizations ensures construction quality and future operational management services.
Basic project information:
- Project name: The Useful Apartment (Era Lac Long Quan)
- Address: 19/19 Lac Long Quan, Ward 9, Tan Binh District, Ho Chi Minh City
- Legal status: Long-term ownership, ensuring sustainable rights for residents
- Total land area: 6,713.9 m² (overall description), while recorded area is 6,173.9 m²
- Scale: 2 blocks (A & B), 17 floors & 2 basements
- Total units: 490 apartments
- Block A: 350 units; Block B: 140 units
- Estimated price range: 35 – 54.12 million VND/m²
Prime Location and Breakthrough Connectivity
Location is the strongest advantage of The Useful Apartment. The project is situated at 19/19 Lac Long Quan (also referenced as 654 Lac Long Quan), Ward 9, Tan Binh District, a southwestern central area of Ho Chi Minh City with excellent transportation connectivity.
From the project, residents can easily access major districts such as District 1, District 3, District 5, District 10, and District 11. This area also offers unique panoramic views thanks to surrounding major landmarks:
Unique Views
- Southwest: Overlooking Dam Sen Cultural Park, one of the largest and most vibrant parks in the city, offering greenery and open views.
- Southeast: Facing Phu Tho Racetrack, the only horse racing track in Ho Chi Minh City and a cultural sports landmark.
- Northwest and Northeast: Facing Tan Son Nhat Airport, very convenient for frequent travelers.
Comprehensive External Amenities
The Useful Apartment is surrounded by a wide range of amenities, meeting all residents' needs in education, healthcare, shopping, and entertainment:
- Only 850m from Coop Mart Phu Tho supermarket
- 1km from Trung Vuong Hospital
- 1.2km from Dam Sen Cultural Park
- 1.2km from Phu Tho Sports Center
- 1.4km from Ho Chi Minh City University of Technology
- 1.5km from Parkson Flemington and Lotte Mart
- 5km from Tan Son Nhat International Airport
- 7km from Ben Thanh Market (District 1 center)
This convenience makes The Useful Apartment an ideal residence, helping residents save travel time and enjoy a more fulfilling lifestyle.
Modern and Optimized Apartment Design
The project is built on a 6,713.9 m² land plot, including two blocks A and B with 17 floors and 2 basement parking levels. Residential units start from the 4th floor, offering 490 apartments designed to maximize usable space and natural light.
Apartment sizes range from 57.65 m² to 89.01 m², offering diverse options for different family needs and budgets. Most units feature 2 bedrooms, 2 bathrooms, a spacious balcony, and a separate laundry area, ensuring comfort and privacy.
Each unit is also designed to take advantage of unique views (Dam Sen Park, Phu Tho Racetrack, and Tan Son Nhat Airport), adding aesthetic and emotional value to the living experience.
Diverse Internal Amenities System
The Useful Apartment provides essential internal facilities to ensure a convenient lifestyle within the project:
- Parking area
- Mini supermarket for daily shopping
- Kindergarten for families with children
Additional amenities include:
- Parking facilities
- Security system and fire protection system (PCCC)
- Emergency exits
- High-speed elevators
- Swimming pool
- Gym
- Park and children’s playground
- Community room
- Supermarket and reception area
Residents can enjoy a complete lifestyle without leaving the project, from shopping and entertainment to fitness and childcare.
Investment Potential Analysis
With a price range of 35 – 54.12 million VND/m², The Useful Apartment is considered competitively priced compared to other projects in Tan Binh District, a rapidly urbanizing area with high housing demand. Key investment advantages include:
- Prime location: Close to central districts and the airport, ensuring high rental demand and liquidity.
- Clear legal status: Long-term ownership increases investment stability.
- Rich surrounding amenities: Close to universities, hospitals, and shopping centers, attracting tenants.
- Infrastructure development: Tan Binh District continues to benefit from urban planning improvements, supporting long-term value growth.
Conclusion
The Useful Apartment is a project that fully meets the criteria of prime location, modern design, and rich internal and external amenities. With 490 apartments across 17 floors, it offers a high-quality residential option in one of the most dynamic areas of Ho Chi Minh City.
Backed by reputable developers and professional contractors, the project ensures quality and long-term potential. It is not only a place to live but also a smart investment opportunity with sustainable returns.
Buyers and investors should carefully consider the unique advantages of the location—especially its views of Dam Sen Park, Phu Tho Racetrack, and Tan Son Nhat Airport—to make the most suitable decision.
Overall, The Useful Apartment is a highly desirable residential destination, offering a modern, convenient, and well-connected lifestyle in the gateway area of southwestern Ho Chi Minh City.
