One Verandah District 2 by Mapletree

Project Overview:

Following the success of Richlane Residences in District 7, Mapletree brings you its new project called “One Verandah” perfectly located at the heart of Thu Duc District (District 2) in Ho Chi Minh City.

One Verandah was handed over in 2020 and is comprised of 5 Blocks (Lumina, Ciel, Jardin, Viento, and Soleil) and 779 modern apartments with 5-star luxury facilities, a poetic landscape, and 24/7 security. Residents can enjoy breath-taking views of the iconic Saigon River and unblocked views of the surrounding area.

One Verandah is a space where residents & guests can approach, harmonize and enjoy nature.

Project Fact-sheet:

Project Name:One Verandah
Location:Thanh My Loi, Thu Duc (District 2), Ho Chi Minh City
Developer:Mapletree (Singapore)
Area:16,684 square meters
Project Scale:22 Floors per Block. Apartments from 4th to 22nd floor. Utilities on 3rd Floor.
Unit type:1-3 BR (54-111 sqm) + Penthouse
Handover:2020
Ownership:Freehold for Local Buyer and 50 year ownership for Foreign Buyer

Project Location:

One Verandah is perfectly located in one of the fastest growing wards of the district. With the recent handover of other projects in the vicinity such as Feliz en Vista, Diamond Island, Waterina Suites, and Vista Verde, Thanh My Loi has become one of the most desired neighborhoods in the entire city. Due to its strategical location, residents can easily access District 1 (CBD) throught the Thu Thiem Tunnel and other important areas of District 2 such as An Phu & Thao Dien through the Mai Chi To Highway.

Known as the last riverside project in Thanh My Loi, One Verandah Residents can easily commute to other areas of the city as shown below:

  • 10 Minute Drive to District 1
  • 5 Minute Drive to Thu Thiem New Urban Area (future CBD of HCMC)
  • 15 Minute Drive to An Phu – Thao Dien Expat Ward
  • 25 Minute Drive to District 7
  • 10 Minute Drive to the Australian International School
  • 10 Minute Drive to the American International Hospital (AIH)

5 Reasons to Invest in One Verandah

  1. Special Location: Riverside project located in a well-known developing area and is well connected to the rest of the city. With the expansion of Thu Thiem as the new CBD, One Verandah and other projects in the vicinity will increase their value by great proportions.
  2. Convenient Traffic: Residents can easily connect with District 1 and other areas of Thu Duc (district 2) through the Mai Chi To Highway.
  3. Saigon River Views:  Being a riverside project comes with some perks such as the eye-watering views of the Saigon River and the city’s Landmark 81.
  4. 5-Star Utilities: Known for its quality, Mapletree has made a huge effor to bring residents at One Verandah the most convenient and luxurious facilities for them to enjoy.
  5. Modern Apartment Layouts: With standard layouts ranging from 1-3 bedrooms and different sizes, there is plenty of options to satisfy all standards. In addition, the quality of the finishings is Top-Tier which really ads up to the value of the property.

Project Facilities:

With the motto “A Luxury life”, Mapletree has carefully design a plethora of facilities within an area of 8,000 square meters for residents exclusive use.

The area around the project has many other high-end real estate projects and many schools and large hospitals such as District 2 hospital, Thu Thiem new park, Australian international schools, etc … ready to meet all the needs of residents.

Internal Facilities:

Daybed Corner12. Olympic pool25. Outdoor Fitness
Herb Garden15. Swimming Pool Kids26. Revitalizing Area
Open Lawn16. Dipping Pool Kids27. Party Deck
Viewing Deck17. Playground28. Sun Lounge
Reading Corner18. Indoor Playroom29. Pool Deck
Jogging Track19. Playground30. Multi-function Room
BBQ20. Mini Soccer Court31. Aqua Deck
BBQ21. Basketball Court32. Outdoor Lobby
Outdoor Dining22. Tennis Court 
 Library23. Gym 
 Jacuzzi24. Yoga & Meditation 

External Facilities:

American International Hospital – 3.4 km

Australian International School – 2.0 km

Vinmart Dao Kim Cuong – 1.2 km

Genshai Supermarket Vista Verde – 1.0 km

Estella Place Mall An Phu – 4.1 km

Units Type – Area

Units TypeArea (Sqm)No. of Units Indicative Pricing
1 Bedroom 55  11% US$190K
2 Bedroom 80 – 95  41% US$250K
3 Bedroom 110 – 130  33% US$390K to US$430K
3 Bedroom Duplex 170  11% US$450K

Layouts:

4th Floor:

5th to 7th floor

8th to 18th Floor

19th Floor

20th Floor

21st Floor

22nd Floor

Taxation & Other Fees

When you Purchase the unit:

  1. 10% of Purchase Price (VAT)

Upon Completion:

  1. 0.5% Registration
  2. Balance of Payment
  3. Sinking Fund (PIT-one time) 2%

When rented out:

  1. PIT (rental income): 5% VAT & 5% PIT on revenue
  2. Business license tax: VND 1 million per year if rental exceeds 1.5 million per month.

When selling:

  1. PIT 2%

Upon Notice of Pink Book:

  1. Balance Payment (5%)

About Mapletree:

Mapletree is a leading real estate development, investment, capital and property management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.

Mapletree currently manages four Singapore-listed real estate investment trusts (REITs) and five private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, Europe, the United Kingdom (UK) and the United States (US). As at 31 March 2020, Mapletree owns and manages S$60.5 billion of office, retail, logistics, industrial, data centre, residential and lodging properties.

The Group’s assets are located across 13 markets globally, namely Singapore, Australia, Canada, China, Europe, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

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