Development Update Phu My Hung Area Dec 2010

Once again I had the sudden urge to drive around for three hours taking pictures of vacant plots of land and half-finished buildings. I have no idea what it is that holds my interest in development. Maybe its that back home, everything was already finished. Nothing new was ever built in my town. To see a city of millions of people literally exploding at the seems, the buildings spouting out of the ground along once deserted roads, is strangely satisfying.

Riverside Residence has finished Phase One completion (check the photos from the official PMH website).

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Not to be confused, River Park Residence is also progressing quickly, here seen on its waterfront location looking back into Phu My Hung.


Here's the progress at Sunrise City...





There is a vast area of land just to the south of Sunrise City ready for development.



Where it looks like it's really going to explode however is in the planned 'new financial and business district'. This picture shows land cleared and ready behind the SECC.



Just down the road is the new Star Hill, which looks huge. Here's a video of 3D rendering.



According to the Phu My Hung website, Star Hill covers 20,000m2 and will have 14 buildings varying between 4 to 18 stories, with a total of around 350 apartments. It's just broken ground.









Very close to here is another huge project being readied to start is Riviera Point, seperated from Phu My Hung by the Ca Cam river. According to Keppel Land who are building the thing -

This 2,400-unit waterfront development features residential towers above a shopping arcade. A high-end retail and restaurant belt runs along the 500-m river promenade offering residents alfresco dining choices. A full array of recreational facilities coupled with 24-hour security and full power backup make Riviera Point a choice home.

I am little bit put off by it's close proximity to the overpass that runs from Nguyen Van Linh to the Phu My bridge.






Some of the site clearance for Riviera point revealed the 'back garden' of an army barracks, with some missiles (now removed) on show.

Also in this area is Southern Palace. More apartments...




In between all of this madness is a sorry bunch of flooded shacks, awaiting the day they too get cleared for immensely rich people to live in ridiculously over-priced apartments.






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