Victoria Village: Luxury Residential Complex in the Administrative Center of Thu Duc City
Victoria Village, developed by Novaland Group, is a high-end real estate complex comprising apartments, townhouses, and villas, located in Thạnh Mỹ Lợi Ward, now part of Thu Duc City (formerly District 2), Ho Chi Minh City. With a scale of 4.27 hectares, Victoria Village offers diverse product types and holds a strategic position in the “golden triangle” of Thu Thiem – Thạnh Mỹ Lợi – Phu My Hung, providing maximum convenience for residents.
Victoria Village is designed to create a premium living environment harmoniously integrated with nature, featuring architectural designs inspired by the Victorian Neo-Classical style. With long-term ownership legality (red-book ownership), the project ensures safety and sustainable investment value for buyers.
Project Overview and Product Scale
Victoria Village is a diversified development offering a total of 1,136 products to the market, divided into low-rise housing (townhouses, villas) and high-rise apartment blocks.
Low-Rise Residential Area: Neo-Classical Style
The low-rise area of Victoria Village includes townhouses and villas designed in Victorian Neo-Classical architecture combined with Singaporean open-space standards. This allows natural light and ventilation while maintaining unobstructed views, creating a close-to-nature living environment.
- Townhouses: 27 units, land area 5×21.4m.
- Semi-detached villas: 49 units, land area 10×20m and 9×21.4m.
- Detached villas: 16 units, land area 15×220m.
High-Rise Apartment Area
The apartment section consists of 4 towers, each 25 floors high with 1 basement, arranged in a U-shape. This layout, combined with orientation design (Southeast – Southwest and Southwest – Northwest), minimizes direct sunlight exposure and reduces indoor heat. The apartment area provides 1,044 high-end units ranging from 1 to 3 bedrooms:
- 1-bedroom apartment: 52.8 m².
- 2-bedroom apartment: 69 m² – 73 m².
- 3-bedroom apartment: 88 m².
Prime Location and Transportation Connectivity
Victoria Village is located on a four-frontage site along Truong Van Bang, Nguyen Mong Tuan, Lam Quang Ky, and Dong Van Cong streets in Thạnh Mỹ Lợi Ward – the administrative center of Thu Duc City. This location is highly valued for its excellent connectivity.
Connectivity Advantages
The Thạnh Mỹ Lợi area is connected by major transport routes, allowing residents to easily access key destinations:
- Mai Chi Tho Boulevard.
- Dong Van Cong Street.
- Ho Chi Minh City – Long Thanh – Dau Giay Expressway.
- Cat Lai Bridge (future development).
Nearby Amenities
- 1 km to Thu Duc City People's Committee and Phuc An Khang International Hospital.
- 4–5 km to Vincom Mega Mall, Vietnam Australia International School, and Asian International School.
- 5–7 km to Thu Thiem Urban Area, Cat Lai Port, An Phu – An Khanh Residential Area, and Thao Dien.
- 10 km to District 1, Binh Thanh, District 7, and District 4.
Location Strengths and Limitations
The project is located on Dong Van Cong Street, a key arterial road. While it provides strong connectivity, it also experiences heavy traffic, especially trucks and container vehicles heading to Cat Lai Port, leading to frequent congestion. This issue is expected to improve once the road expansion project adding two lanes is completed.
Unique Design: Harmony of Classic and Modern Styles
Design is one of the key highlights of Victoria Village. The villas and townhouses reflect Victorian Neo-Classical architecture, while the apartment blocks emphasize modern, functional living spaces.
Apartment Design
The apartment buildings are intelligently arranged in a U-shape to maximize open space and minimize direct sunlight exposure. With 1,044 units, Novaland focuses on 1–3 bedroom layouts suitable for diverse customer needs.
Villa Design
The low-rise units are inspired by Victorian architecture, showcasing elegance and sophistication. Built to Singaporean open-space standards, each home is designed to maximize natural light and airflow, delivering a high-quality living experience.
Premium Internal Amenities
Novaland Group has developed a wide range of high-end amenities within the project to ensure a complete lifestyle experience including leisure, wellness, and entertainment.
- Rooftop infinity swimming pool (Level 2).
- 5,000 m² internal park as a green living space.
- 750 m² swimming pool and additional large pool area.
- Outdoor BBQ area for family and social gatherings.
- Fully equipped modern gym center.
- Other amenities: children’s playground, reception, spa, restaurant, elevators, yoga room, security system, air conditioning, emergency exits, fire protection system, infinity pool, community room, parking, tennis court, basketball court, and sauna.
Pricing and Investment Potential
Prices at Victoria Village show significant growth, especially in villa segments. Overall pricing ranges from approximately 78.99 to 292.95 million VND/m².
Detailed Pricing
- Semi-detached villa (200 m²): around 35 billion VND/unit.
- Detached villa (400 m²): around 40.5 billion VND/unit.
- Shophouse (110 m²): around 28 billion VND/unit.
- 1-bedroom apartment (52.8 m²): from 3 billion VND/unit.
- 2-bedroom apartment (69–74 m²): from 3.4 billion VND/unit.
- 3-bedroom apartment (83–90 m²): from 4.6 billion VND/unit.
Investment Potential
Victoria Village demonstrates strong investment potential, particularly in villa segments. Compared to the 2019 launch price (around 20 billion VND per villa), prices have increased by approximately 75%. Apartment pricing is around 55 million VND/m² (VAT included).
Construction Progress and Handover
- Townhouses, shophouses, and villas were handed over at the end of 2019.
- Apartment buildings are currently under construction.
- Construction resumed in June 2023 after a temporary suspension.
- As of January 2024, construction is actively progressing toward completion and expected handover within the year.
Conclusion
Victoria Village is a premium residential project in Thu Duc City offering an ideal combination of luxury living, diverse amenities, and strong investment potential. With its strategic location, reputable developer Novaland Group, and ongoing infrastructure development, the project is expected to continue increasing in value in the coming years.
It is a strong option for both investors and residents seeking high-end real estate in Ho Chi Minh City’s eastern development hub.
