Masteri Thao Dien — Metro-Connected Luxury Apartments in Thảo Điền, Thủ Đức
Thảo Điền Investment (Masterise Homes)
Delivered 2016 · Pink books 95%
Thảo Điền's most accessible luxury project — directly connected to Metro Line 1 An Phú station with Vincom Mega Mall (140,000m²) integrated at ground level. Pink books issued, proven 3x appreciation, and the lowest entry price for metro-connected living in Thảo Điền's expat belt.
💰 5,25 tỷ – 13,5 tỷ📏 120 triệu/m²🏗️ Delivered 2016🏢 3021 units
3,021-unit luxury high-rise complex by Thảo Điền Investment (now Masterise Homes) on 8 hectares in the heart of Thảo Điền, Thủ Đức. Five towers (T1-T5) ranging 41-45 floors, integrated with Vincom Mega Mall Thảo Điền (140,000m²) and directly connected to Metro Line 1 An Phú station. Delivered Q4/2016.
Neighborhood
80*
Family Score
Excellent
Family appeal is strong for households with young children. EtonHouse International School is next door and well-reviewed preschools sit within about 300 m, which keeps school runs on foot.
93
Leisure Score
Excellent
Leisure options are deep and mostly on the doorstep. Vincom Mega Mall, one of HCMC's major malls with over 14,000 reviews, sits within the development alongside a broad mix of restaurants and casual dining.
71
Convenience
Good
Daily essentials are handled well. A WinMart supermarket is within the development, and MM Mega Market An Phú is about 370 m away for larger weekly shops.
78
Health
Good
Routine medical needs are well covered, with pharmacies inside the development and nearby. Vinmec Central Park International Hospital is 2.5 km away for hospital-level care.
100
Transit Access
Excellent
Metro Line 1 An Phú Station is next door, with several bus stops within about 130–220 m.
100
Commute Ease
Excellent
22 min to Q1 Bến Thành via MRT1. 7 min walk to metro station.
68
Nightlife
Good
Nightlife is a clear strength, with a cluster of well-reviewed bars and gastropubs roughly 200–360 m away. The strip is within a short walk, so evenings out do not need a car.
0
Quietness
Below Avg
Quietness is a clear weakness here. Ambient noise is rated high, driven by the Xa Lộ Hà Nội frontage and a cluster of bars and late-night venues within roughly 200–360 m.
* Score includes on-site amenities that are planned or under construction, not yet open.
Domo Scores™
7.4
🏠 Homeowner
Solid
7.5
📈 Investor
Good
Balanced for both homeowners and investors.
Masteri Thảo Điền is the most transit-integrated address in Thảo Điền, with An Phú metro station and Vincom Mega Mall built into the podium and about 95% of pink books issued since the 2016 handover. The trade-offs are high highway noise, 3,021-unit density, and resale near 110–120M/m² that holds gross rental yield to roughly 3–3.5%; confirm unit-level pink-book status and parking before buying.
🏠 Homeowner
Value
6.6
Livability
7.4
Legal & delivery
8.2
Location & connectivity
7.7
📈 Investor
Value
6.6
Returns & exit
7.6
Legal & delivery
8.2
Location & demand
7.7
Why the scores differ
Homeowner: A solid choice for homeowners who want metro and mall access at the door. The towers are Masterise-developed and Savills-managed, with An Phú metro station and Vincom Mega Mall beside them and about 95% of pink books issued. The trade-offs are constant highway noise, 3,021 units sharing five towers, and 2016-era finishes.
Investor: A liquid, expat-driven rental play rather than a yield story. Metro-linked demand and a deep resale market support exit, but resale near 110–120M/m² against 15–25M/month rents leaves gross yields around 3–3.5%. Check pink-book status and the 30% foreign quota per building on any specific unit.
Price & Market
Current Market Price
120 triệu/m²
📈+314% since launch
Market range
99 triệu – 145 triệu/m²
Unit price
5,25 tỷ – 13,5 tỷ
Rent
15 triệu – 35 triệu/mo
Launch price
29 triệu/m²
Est. Rental Yield3.2%
•🟢 Metro Line 1 is operational and carried 20.5M passengers in 2025 (121% of target); An Phú station is integrated into the podium, making transit the project's most durable demand anchor.
•🟢 Long Thành Airport targets commercial operations from December 1, 2026 (not yet in service as of October 2026), about 30 minutes away via An Phú Interchange, and the Ring Road 3 Thủ Đức section has been open since April 30, 2026, which supports the expat tenant and buyer pool.
•🟡 Resale around 110–120M/m² is about 9% above the upper-mid peer median of 110M/m². CBRE (May 2026) puts former-HCMC condo secondary prices at VND 67M/m² on average in Q1 2026, so this project trades at a clear premium for its metro and mall integration.
•🟡 CBRE (May 2026) reports 76% absorption in former HCMC and names floating mortgage rates of 12–15% as the main headwind to buyer demand, which can lengthen resale times for higher-ticket units.
•🔴 An Phú Interchange completion has slipped to Q2 2027 and the final N1.2 branch is still blocked by about 2.2 ha of unresolved land, so road-side disruption at the project frontage continues in the near term.
Last updated: October 2026
Is this a good deal?
Project
Price
Distance
Masteri Thảo Điền
120 triệu/m²
—
Gateway Thảo Điền
About 35% cheaper (78M/m² vs ~120M/m²)
Mid-segment option in the same Thảo Điền belt with a lower entry ticket; check walking distance to the metro.
Lumiere Riverside
About 4% cheaper (115M/m² vs ~120M/m²)
Nearby upper-mid peer at similar pricing; compare metro access, density and unit age against Masteri Thảo Điền.
Should you buy here?
Best for:
✓Homeowners who want metro and mall access at the door, with Thảo Điền dining and nightlife on foot
✓Families with young children who want international schools and preschools within a few hundred metres
Not ideal for:
✗Noise-sensitive buyers, given the Xa Lộ Hà Nội frontage and the bar cluster within a few hundred metres
✗Low-density seekers: 3,021 units across five towers with 20–24 units per floor
Market Trends
Resale asking prices cluster around 110–120M/m² for 2BR and 3BR units, with no comparable prior snapshot to confirm a direction, while rent snapshots sit at roughly 15–25M VND/month.
Decision Factors
Strengths
✓An Phú station on Metro Line 1 is integrated into the podium; the line carried 20.5M passengers in 2025 (121% of target) and reaches Bến Thành in about 22 minutes.
✓Vincom Mega Mall, a WinMart supermarket and pharmacies are inside the development, so daily needs, dining and healthcare basics need no car.
✓Fully delivered in 2016 with about 95% of pink books issued and Savills managing the complex, so there is no construction or handover risk.
✓EtonHouse International School is next door and several preschools lie within about 300 m, supporting the expat family tenant and buyer pool.
Tradeoffs
!Ambient noise is high: the Xa Lộ Hà Nội frontage and a bar cluster 200–360 m away mean this is a lively address rather than a quiet one, especially in towers facing the highway.
!Density is high at 3,021 units across five towers with 20–24 units per floor, which makes lift waits and shared-facility crowding worth testing at peak hours.
!Resale around 110–120M/m² sits about 9% above the upper-mid peer median, and indicative rents of 15–25M VND/month imply gross yields near 3–3.5%.
Watch items
?Pink books are partially issued: about 95% of units hold them and the remaining ~5% are delayed by owner paperwork or financial reconciliations. Confirm the specific unit's status, and for foreign buyers verify the 30% per-building quota in writing before paying a deposit.
?An Phú Interchange at the project's doorstep is about 75% complete; the N1.2 branch awaits a November 30, 2026 land-handover deadline and full completion is now targeted for Q2 2027, so expect construction disruption until then.
?Two basement levels serve 3,021 units with car parking at roughly 1.25–1.4M VND/month, finishes date from 2016, and no resident review digest is on file; check slot availability, fees and unit condition in person.
Unit Types
Studio
0 Beds · 1 Baths · 45–50 m²
Under review
≈ 5,4 tỷ – 6 tỷ est.
120 triệu/m²
Singles & couples
1BR
1 Beds · 1 Baths · 45–61 m²
Under review
5,25 tỷ – 6,3 tỷ
129 triệu/m²
Rent: 15 triệu - 19 triệu/mo
Singles & couples
2BR
2 Beds · 2 Baths · 63–85 m²
7 tỷ – 9 tỷ
110 triệu/m²
Rent: 17 triệu - 25 triệu/mo
Young families
3BR
3 Beds · 2 Baths · 86–144 m²
Under review
9 tỷ – 13,5 tỷ
122 triệu/m²
Rent: 21 triệu - 35 triệu/mo
Growing families
Duplex
3 Beds · 3 Baths · 111–250 m²
Under review
15 tỷ – 25 tỷ
120 triệu/m²
Rent: 43 triệu - 87,5 triệu/mo
Growing families
Penthouse
4 Beds · 4 Baths · 144–384 m²
Under review
26,8 tỷ – 33,3 tỷ
120 triệu/m²
Rent: 70 triệu - 125 triệu/mo
Growing families
Project Details
Developer
Thảo Điền Investment (Masterise Homes)
Status
Delivered 2016
Completion
2016
Total Units
3021
Towers
5
Legal Information
Launch Date
2014
Handover
2016
Construction Permit
Approved
Pink Book
Partial
Pink Book %
95%
Legal Notes
Developer: Thao Dien Investment JSC (now Masterise Homes). Delivered Q4/2016; pink books first issued September 14, 2017. ~95% of units hold pink books; the remaining ~5% are delayed by individual owner paperwork or financial-obligation reconciliations. Vietnamese citizens: long-term ownership; foreigners: 50-year renewable lease with a 30% foreign-ownership cap per building — verify foreign quota in writing before paying a deposit. Savills Vietnam has managed the complex since handover. October 2026 searches found no new legal disputes or management changes. Address: 159 Vo Nguyen Giap, An Khanh Ward, Thu Duc.
Amenities
👨👩👧Family: Indoor children's playroom and outdoor play areas. Library and reading room. 60% green space with landscaped gardens. BIS, AIS, and ISHCMC international schools within 3km.
🏋️Fitness: Rooftop pool and infinity pool. Fully-equipped fitness center. Tennis court. BBQ areas. 200m from Saigon River with riverside walking paths.
🏖️Lifestyle: Vincom Mega Mall Thảo Điền (140,000m²) integrated at ground level — cinema, supermarket, dining, fashion retail. Business center with free wifi, desks, and meeting rooms for residents.
🛒Convenience: Metro Line 1 An Phú station directly connected — 15 min to Bến Thành. 2 basement parking levels. 8 high-speed elevators per tower. Savills concierge service. 24/7 security.
🏊 Pool🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🅿️ Car Parking🎾 Tennis Court🛍️ Shopping Mall🏋️ Gym🎮 Indoor Playroom🏍️ Motorbike Parking
A mix of young Vietnamese professionals, expat families (Korean, Japanese, Western) and investors, with a high expat share tied to Thảo Điền's international school cluster. Short-term rental activity is also present, particularly in towers facing Xa Lộ Hà Nội.
Things to consider (not deal breakers)
⚠️ Traffic
Xa Lộ Hà Nội congested at peak hours. Saigon Bridge approach is a known bottleneck going to D1. Metr...
Xa Lộ Hà Nội congested at peak hours. Saigon Bridge approach is a known bottleneck going to D1. Metro Line 1 An Phú station directly connected — 15 min to Bến Thành by train, bypassing all road congestion.
→ Metro Line 1 An Phu station directly connected — 15 min to Ben Thanh, eliminates car commute need to CBD. An Phu Interchange has reached ~75% overall progress: the HC1-02 underpass (4 lanes), N3 branch, and N4 branch (Dong Van Cong–Mai Chi Tho, opened August 2026) are now operational. The N1.1 and N1.3 branches remain under construction. The final N1.2 branch is blocked by ~2.2 hectares of unresolved land along Luong Dinh Cua street; HCMC's compensation plan sets a November 30, 2026 land-handover deadline. Full interchange completion is now targeted Q2 2027, per HCMC's July 2026 approved timeline extension — providing multi-level road access to Mai Chi Tho and the HCMC–Long Thanh Expressway.
🌊 Flood Risk
Thảo Điền area generally well-drained. Project elevated with modern drainage. No significant floodin...
Thảo Điền area generally well-drained. Project elevated with modern drainage. No significant flooding history.
→ Well-drained Thảo Điền area. Project elevated with dedicated stormwater management. No flooding history.
Sub-zones
🏢
T1
0 listings · 600 units
5,25 tỷ - 13,5 tỷ
99 triệu - 145 triệu/m²
🏢
T2
0 listings · 580 units
5,25 tỷ - 13,5 tỷ
99 triệu - 145 triệu/m²
🏢
T3
0 listings · 600 units
5,25 tỷ - 13,5 tỷ
99 triệu - 145 triệu/m²
🏢
T4
0 listings · 620 units
5,25 tỷ - 13,5 tỷ
99 triệu - 145 triệu/m²
🏢
T5
0 listings · 621 units
5,25 tỷ - 13,5 tỷ
99 triệu - 145 triệu/m²
Growth Catalysts
🚧Long Thành Airport Phase 1: ACV targets commercial operations from December 1, 2026 (2026)
🚧Ring Road 3: Thu Duc section open since April 30; western 32.6 km sections slip to Q4 2026 amid material shortages (2026)
🚧An Phu Interchange: N4 branch opens Aug 2026, overall progress ~75%; full completion extended to Q2 2027 (2027)
🚀Rach Chiec National Sports Complex: VND 145,600B groundbreaking January 15, 2026; accelerated target ~2030 (2030)
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This area scores 93 for Leisure Score · 80 for Family Score
Explore Vietnam
Delivered 2016
