Many expatriates working in Ho Chi Minh City are transitioning from short-term stays to seeking long-term residences, with a focus on luxury and high-end apartments in the city center.
Nam Rach Chiec Real Estate Attracts Foreign Buyers
Vietnam is increasingly attracting high-caliber investors, experts, and skilled professionals in sectors like finance, semiconductors, artificial intelligence, and digital transformation. This influx has led to a growing expatriate population in major cities, particularly Ho Chi Minh City.
Consequently, there’s a noticeable shift in their residential preferences.
In the early 2000s, expatriates favored traditional central districts like District 1 and District 3. Later, Phu My Hung became popular as the first modern urban area with a large international community. Subsequently, Thao Dien and An Phu (formerly in Thu Duc District) gained traction due to their strategic locations and cosmopolitan expatriate communities.
Now, the trend is moving toward Nam Rach Chiec, emerging as Ho Chi Minh City’s new development hub. This area boasts a well-developed transportation network, meticulous urban planning, and a harmonious blend of nature and modern amenities.
With the introduction of internationally-standard luxury projects, Nam Rach Chiec is fostering a diverse, multinational community. Here, expatriates find a lifestyle and global cultural values that resonate with their preferences.
The Privé’s eligibility to sell to foreigners is a significant draw for international professionals, especially as Ho Chi Minh City emerges as a high-tech financial hub.
Among these developments, The Privé—a luxury compound apartment project by Dat Xanh Group—stands out as a highly sought-after option.
One of The Privé’s key strengths is its transparent legal framework. The project is approved for foreign ownership, a rarity in today’s market, enabling direct contracts between buyers and the developer. This ensures secure and transparent transactions, critical for foreign investors in Vietnam.
Given that most existing foreign-eligible projects were completed years ago, new options like The Privé—with its international-standard design and amenities—are particularly appealing to expatriates and business professionals in Ho Chi Minh City.
Additionally, The Privé offers a uniform pricing policy, ensuring both local and international buyers access the project at the same rate, eliminating disparities.
International buyers appreciate The Privé’s proximity to Thu Thiem Financial Center and Nam Rach Chiec’s robust infrastructure.
Location is another critical factor in The Privé’s appeal. Situated in Nam Rach Chiec, adjacent to Thu Thiem—the future international financial center—the project offers seamless connectivity via metro lines and major routes like Long Thanh – Dau Giay Expressway, Mai Chi Tho Avenue, and Hanoi Highway. Residents can reach Tan Son Nhat Airport in 25 minutes and Long Thanh Airport in under 20 minutes, ideal for globally mobile professionals.
International Living Standards in Ho Chi Minh City’s Heart
Expatriates highly value The Privé’s enclosed compound design, a standard in developed urban areas. With just nine units per floor, the project ensures privacy and tranquility, aligning with the preferences of Japanese and Korean residents. Its flood-resistant location further enhances its appeal, a critical consideration for foreign investors.
Beyond privacy, The Privé’s high-quality finishes have quickly won over international buyers. Many compare its delivery standards to luxury projects in Singapore, Seoul, and Shanghai.
The Privé’s delivery quality impresses international buyers, rivaling luxury projects in Singapore, Seoul, and Shanghai.
Complementing its finishes is a diverse amenity ecosystem. With a 25% construction density, The Privé dedicates most of its space to greenery and water features. Three resort-style salt-electrolysis pools, a river-view gym, fine dining lounge, sports facilities, cinema, and creative studio collectively foster a balanced lifestyle.
Amid limited options for foreign buyers, The Privé stands out. It meets essential criteria such as transparent legal processes, strategic location, modern design, international-standard finishes, and exclusive living spaces—factors that resonate with discerning expatriate buyers.
To explore The Privé’s unique living spaces and exceptional values, visit the official project website: https://theprive.vn
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