The picture below shows Diamond Island. The Saigon River lies beyond and flows from here down under the Phu My bridge. The land in this part of District 2 is slowly being built on, and most of the riverbank is still totally untouched. Amazing prime real estate on the waterfont just a few kilometers from District 1 and District 7, and what will be excellent links to the new airport and Vung Tau. At the moment all that is there is some basic infrastructure, and some brave soles have built their houses already. Some serious houses by the way.
This house has a jetty out the back on the river:
Here's a view of the riverbank with District One in the distance.
And here, as you can see completely undeveloped, with the Phy My bridge in the distance.
Here's a rough map of my journey from D7 to D2 everyday, the area I am talking about, and the new TT highway yet to open.
View Thu Thiem D2 Development in a larger map
6 comments:
So what do you think it takes $ wise to buy the land there and build a house like one of these?
I am guessing the land is already between $1000-$2000 per m2. So you are talking $100,000 per 100m2. Construction is quite cheap and anything from $50,000 up would build you a house.
Looks like a development already. I doubt it is cheap. Will be a nice location after though.
50k would not build a house like those.
I pass by this area everyday. I never knew that this is going to be the new development. Thanks for the info
no 50K would not build a house like those, but it would build a house...!
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