Update about Market Insights

Are you hesitant about purchasing Eaton Park in District 2 due to its high price and the fact that units have not yet been handed over? With nearly 5 years of experience in the East Ho Chi Minh City real estate market, Tiffany would like to provide an in-depth analysis of the strengths and weaknesses of this project:

4 Limitations of Eaton Park, Thu Duc

High Selling Price:

Eaton Park apartments are priced between VND 125-145 million/m², making it the most expensive project in the An Phu area.
Compared to the surrounding projects (around VND 60-70 million/m²), Eaton Park's price is relatively high, on par with apartment prices in Thu Thiem. However, this is a luxury-class project for the area, so direct comparisons to older nearby projects are not entirely fair. By 2027, when the project is handed over, the market is expected to adopt a new pricing structure, especially with new land pricing policies effective from January 1, 2025, reducing the availability of cheap land for future developments.

Construction Progress:

The Eaton Park project is still under construction and has not been handed over yet, which may concern buyers who are looking for immediate housing.
For customers needing a home urgently, renting nearby while waiting for Eaton Park to be handed over in 2027 could be an alternative. Moreover, the 30% payment schedule over three years alleviates financial pressure. For investors, lower upfront payments could translate into better profit margins in the future.

Traffic Conditions in the Area:

The project is located on Mai Chi Tho Boulevard, a main city artery, which is prone to congestion during peak hours.
Traffic jams between Cat Lai Junction and Luong Dinh Cua are frequent due to ongoing construction at the An Phu interchange, a three-level interchange expected to be completed in Q2 2025, significantly easing traffic flow. Additionally, the Cat Lai-Phu Huu Port road (6 km, 60 m wide) is slated for completion in 2026, further reducing truck traffic on Mai Chi Tho and Dong Van Cong roads.

Surrounding Area Development:

The Eaton Park area is still sparsely developed, with limited facilities in the Nam Rach Chiec region.
While the current density and infrastructure are modest, the project itself boasts robust amenities, including shophouses at the base of the towers. By 2027, once the project is handed over, improvements like the 34-60m-wide Lien Phuong Road connecting to Vo Nguyen Giap and key developments such as Global City and Saigon Sports City will bring significant transformations to the surrounding area.

8 Strengths That Make Eaton Park Stand Out

Reputable Developer:

Gamuda Land, the project’s developer, is a leading Malaysian real estate group with a proven track record of successful global projects.
Known as one of the top three construction and infrastructure developers in Asia, Gamuda Land’s financial strength is evident in Eaton Park’s rapid construction progress and its strategic acquisitions of major projects in Vietnam.

Prime Location:

Eaton Park boasts an enviable location on Mai Chi Tho Boulevard, easily connected to key routes and city centers.
Strategically situated between Vo Nguyen Giap Road and the An Phu interchange, residents can quickly access Thao Dien, Thu Thiem, District 1, and Binh Thanh via major thoroughfares like Saigon Bridge and Thu Thiem Tunnel.

Exclusive Amenities:

Eaton Park features over 100 luxury amenities, such as a pet park, Onsen mineral hot springs, pickleball courts, and a dedicated studio for TikTokers.
Other amenities include coworking spaces, a cigar lounge, and a chill bar, offering a modern and distinctive lifestyle compared to older nearby projects.

Modern Design:

The Eaton Park building design emphasizes curved corners for aesthetic appeal, maximizing natural light and ventilation.
With only 9-10 units per floor and six elevators per tower, the project ensures privacy and convenience. Additionally, every unit has unobstructed views and biophilic design principles for green and sustainable living.

Green Living Spaces:

With a construction density of only 20.7%, Eaton Park integrates lush greenery and scenic water features.
This luxurious project includes biophilic design elements, such as triple Low-E glass exteriors, ensuring a tranquil and eco-friendly living environment.

Price Appreciation Potential:

Eaton Park holds significant investment potential, driven by its location and amenities.
Upcoming infrastructure developments, such as the Rach Chiec Sports Complex, The Global City, and the HCMC-Long Thanh Highway expansion, are expected to enhance property value significantly.

Flexible Payment Plans:

The project offers an extended payment schedule, easing financial pressure on buyers.
Customers can opt for a 30% payment until 2027, followed by an additional 30% within 12 months post-handover, or a staggered payment of 50% until handover with a 45% balance, benefiting from discounts of up to 12%.

Transparent Legal Status:

Gamuda Land ensures clear and secure legal documentation for Eaton Park, including 1/500 approval, construction permits, and future housing sales permits for towers A5 and A6.
This legal clarity offers peace of mind to both buyers and investors, underscoring the developer’s commitment to high standards.

Get advice on Eaton Park now!

👉 For detailed consultation about Eaton Park, contact IQI Vietnam – the official distributor of the project.

Check market information: [Here]

View detailed price lists and project analysis materials from Tiffany: [Here]

Call Tiffany for a site visit: 0976 976 457

Message Tiffany on Zalo for further discussions about the project: 0976 976 457

For agents interested in learning more about the project through IQI, don’t hesitate to reach out to Tiffany & #IQIVN!