Millennium Masteri

Sold

Overview

Land area: 
7,303 sqm
Unit area: 
0 sqm
GFA: 
87,630 sqm
NLA: 
0 sqm
Hits: 
753
General Information
· Developer: Thao Dien Investment Joint Stock Company
· Architect/ Design (Main): PTW Architects
· M&E Consultant: Coteccons Construction Joint Stock Company
· Financing Bank: Techcombank
· Property manager: Savills Vietnam Co., LTD
· Street no: 132 · Street: Ben Van Don · Ward: 6 · District: 4 · City: Ho Chi Minh City
Property Notes

General description:

Millennium Masteri is located in the centre of District 4. Land area is about 7,302 sqm with a total GFA of about 87,000 sqm as reported. The developer is Thao Dien Investment Joint Stock Company and Phat Dat Corporation. The project will comprise 2 towers, 34 floors each with 3 basements. The commercial area is 6 floors and the apartment towers to 25 floors. The total reported number of units around 650 including apartments, penthouses and 20 shophouses. The apartments will range from studio to 3 bedrooms. Areas are quoted as; Officetel/ apartment: 30 to 48 sqm. Regular apartments: 53 to 107 sqm (1-3 Bedrooms) and shophouses 80 to 108 sqm.

Merger & acquisition &/or sale:

The seller and buyer was reported to be Nguyen Kim Holdings and Phat Dat Corporation Real Estate Development. The transaction was reported to occur in 2016. Refer to subscription data for more details.  

Marketing, leasing or asking price:

Q3 2016 asking prices: discounts were offered of 2% to 4.5% on the first week of sale (30 July – Sep 2016).

1 bedroom type: 53.6 sqm, priced from US$110,000 to US$128,000

2 bedroom type: 65.11 sqm to 74.92 sqm, priced from US$145,000 to US$208,000. 

3 bedroom type: 97.84 sqm to 107.88 sqm, priced from US$230,000 to US$300,000. 

2016 the average asking price, per sqm was about US$2,549.

Q2 2017 asking prices: attractive discounts were on offer up to 9%. There is a special lucky draw to win a Mercedes-Benz C-250 for all buyers. 

1 bedroom type: 53.6 sqm, priced from US$132,000 to US$145,000.

2 bedroom type: 65.11 sqm to 74.92 sqm, priced from US$167,000 to US$202,000.

3 bedroom type: 97.84 sqm to 107.88 sqm, price from US$238,00 to US$304,000.

2017 the average asking price, per sqm was about US$2,728 per sqm showing an increase of about 11% from 2016.

Sale & evidence history

You are not a Subscriber. Click here to upgrade.

General amenities

  • Bus station
  • Entertainment centre
  • Hospital
  • Local People's Committee
  • Metro station
  • Modern retail complex
  • Parkland
  • School
  • Sporting complex
  • Supermarket/Minimart
  • Traditional market

Facilities

  • BBQ area
  • Childrens play gym
  • Escalators
  • Gymnasium
  • Lifts
  • Maintenance facility
  • Meeting room
  • Pro shop
  • Restaurant
  • Sauna
  • Spa

Add to saved properties Get alerts for free

There are many reasons to join the goREDN team, sales and transaction data, additional property info such as designers and mangers, asking price and price trends are all at your fingertips. Click here to join today.

Featured Companies