Delivered 2021

Q2 Thao Dien - Frasers Property Luxury Apartments in Thu Duc

Name: Q2 Thảo Điền
Address: VN

Frasers Property

Delivered 2021 · Pink books issued

Frasers Property's only residential project in Vietnam — ultra-low density (348 units on 0.96 ha) with two dedicated sky amenity decks and a quiet street setting in the heart of Thao Dien's expat enclave.

💰 7 tỷ – 80 tỷ📏 145 triệu/m²🏗️ Delivered 2021🏢 348 units

Q2 Thao Dien is a low-density luxury mixed-use development by Frasers Property (Singapore) and An Duong Thao Dien at 21 Vo Truong Toan Street in Thao Dien, Thu Duc City. The project comprises a 32-story apartment tower on a 6-story amenity podium, a serviced apartment block, 6 villas, and 12 townhouses across approximately 0.96 hectares — one of the lowest-density luxury projects in the Thao Dien enclave. Two dedicated sky amenity decks, 'SIX@Q2' at Level 6 and 'ONE-TREE@Q2' at Level 12, set the project apart from standard high-rises in the area.

Neighborhood

80*

Family Score

Excellent

Family appeal here is strong, led by ISHCMC American Academy immediately next door at 110m. The on-site ONE-TREE sky garden provides a safe elevated space for children, and ISHCMC Early Years — ranked among HCMC's top preschools — is within 800m.

90*

Leisure Score

Excellent

Dining and leisure options are excellent here, anchored by Estella Place next door — a full-format retail and dining destination with restaurants, cafés, and social spaces within easy walking distance.

64

Convenience

Good

Daily convenience is solid, with WinMart+ a short walk away and Estella Place next door covering broader shopping and dining needs.

71

Health

Good

Medical access for routine needs is satisfactory — several clinics and a pharmacy sit within 320m of the entrance. For specialist or emergency care, Thu Duc City General Hospital is roughly 4km away and FV Hospital is accessible in about 20 minutes.

98

Transit Access

Excellent

Transit access here is exceptional. An Phú Station on Metro Line 1 (operational since December 2024) is a short walk at 590m, giving residents a direct rail link to Bến Thành that bypasses Saigon Bridge congestion entirely.

100

Commute Ease

Excellent

24 min to Q1 Bến Thành via MRT1. 9 min walk to metro station.

56

Nightlife

Average

A walkable bar and dining scene lines the Thao Dien strip within 1km, offering neighborhood bars and gastropubs for an evening out without leaving the area.

5

Quietness

Below Avg

Ambient noise levels are high in this location. The immediate Thao Dien street network hosts multiple late-evening bars within 200m, meaning residents on lower floors or street-facing orientations should expect nighttime activity noise.

* Score includes on-site amenities that are planned or under construction, not yet open.

Domo Scores™

7.5

🏠 Homeowner

Good

7.4

📈 Investor

Solid

Balanced for both homeowners and investors.

Frasers Property's only residential project in Vietnam — an ultra-low-density compound with two sky amenity decks and ISHCMC American Academy at the entrance, in the heart of Thao Dien's expat enclave. The tradeoffs are a luxury price premium running 29% above upper-mid segment peers and bar-scene ambient noise from the surrounding Thao Dien street network affecting lower floors.

🏠 Homeowner

Value

5.8

Livability

8

Legal & delivery

8.7

Location & connectivity

7.7

📈 Investor

Value

5.8

Returns & exit

7.9

Legal & delivery

8.7

Location & demand

7.7

Why the scores differ

Homeowner: A strong Thao Dien homeowner address — Frasers Property's only residential project in Vietnam, delivered as an ultra-low-density compound with two sky amenity decks and an international school literally at the entrance. Pink books are fully issued and G Homes (Frasers) manages day-to-day operations. The honest tradeoffs are a 29% price premium over segment peers and bar-scene ambient noise at street level that affects lower floors.

Investor: A credible rental-yield play anchored in Thao Dien's expat enclave — 2BR and 3BR gross yields track 5–7% from documented listing data, and the secondary market has risen sharply over the past year. The primary constraint is exit liquidity: with only 348 total units and a luxury price floor above 145M/m², resale transaction depth is thin and the buyer pool at exit is relatively narrow.

Price & Market

Current Market Price

145 triệu/m²

📈 +123% since launch

Market range	110 triệu – 282 triệu/m²
Unit price	7 tỷ – 80 tỷ
Rent	19 triệu – 141 triệu/mo
Launch price	65 triệu/m²

Est. Rental Yield2.2%

•🟢 Secondary prices at Q2 Thảo Điền have surged: 1BR up ~51% and 3BR up ~56% year-on-year from observed resale snapshots, both outpacing HCMC's already-strong secondary market gain of 32.3% y-o-y (CBRE Q1 2026).
•🟢 Metro Line 1 An Phú Station is now fully operational with over 20 million passenger journeys in 2025 — confirming it as an established daily-commute option that strengthens tenant demand and location liquidity for this project.
•🟡 Resale liquidity is thin: with only 348 total units, secondary transaction volume is low in any given period; buyers should verify active listing depth and recent closed transactions before relying on a defined exit timeline.
•🔴 Priced at a 29% premium to the upper-mid peer median (145M/m² vs. 113M/m², n=42) — appropriate for the Frasers brand and low-density positioning, but limits re-rating upside on valuation alone.
•🟢 Vietnam's FTSE Russell upgrade to Secondary Emerging Market status (effective September 2026) is expected to channel approximately USD 6 billion into Vietnamese equities, with positive spillover sentiment for luxury residential demand (CBRE, May 2026).

Last updated: June 2026

Is this a good deal?

Project	Price	Distance
Q2 Thảo Điền	145 triệu/m²	—
Gateway Thảo Điền	78 triệu/m²	0.1 km
Lumière Riverside	115 triệu/m²	0.2 km
Cantavil	87,2 triệu/m²	0.3 km

Should you buy here?

Best for:

✓Expat families wanting low-density luxury with ISHCMC, BIS, or AIS in immediate reach
✓Vietnamese executives seeking Singapore-standard Frasers Property management and brand
✓Metro commuters — An Phú Station a 9-minute walk for a direct 15-minute ride to District 1

Not ideal for:

✗Light sleepers sensitive to bar-district ambient noise on lower or street-facing floors
✗Buyers seeking large-scale township amenities — this is a compact 0.96 ha compound

Market Trends

Secondary prices at Q2 Thảo Điền have risen sharply over the past year, broadly outpacing the already-strong HCMC-wide secondary market trend.

Decision Factors

Strengths

✓Singapore-grade execution: Frasers Property's ultra-low density (348 units, 0.96 ha), two dedicated sky amenity decks (SIX@Q2 with 50m infinity pool, spa, and gym; ONE-TREE@Q2 with hanging gardens and social lounge), and G Homes property management
✓ISHCMC American Academy immediately next door at 110m — eliminates the school-run commute for families with children enrolled there
✓Pink books fully issued, no legal disputes in records as of June 2026; foreigners hold 50-year renewable leasehold
✓Metro Line 1 An Phú Station 590m away — operational since December 2024, carrying over 20 million passengers in its first full year

Tradeoffs

!Luxury price tier — resale at 125–200M/m² for standard apartments runs 29% above the upper-mid peer median, narrowing the buyer pool at exit
!Small compound scale (348 units) means thin secondary transaction volume — few resale trades happen in any given quarter, making rapid exit difficult

Watch items

?Ambient bar noise — multiple bars within 90–200m on the Thao Dien street network; verify specific floor and unit orientation before committing, as impact varies significantly by level
?Verify live listing depth before purchase if planning to resell within 3–5 years — the 348-unit total means few active comps at any time
?Foreign buyers hold a 50-year leasehold (not freehold); renewal and resale to other foreigners are subject to applicable quota rules at the time

Unit Types

1BR

1 Beds · 1 Baths · 53 m²

7 tỷ – 7,5 tỷ

145 triệu/m²

Rent: 19 triệu - 25 triệu/mo

Singles & couples

2BR

2 Beds · 2 Baths · 71–100 m²

8 tỷ – 10 tỷ

125 triệu/m²

Rent: 22 triệu - 35 triệu/mo

Young families

3BR

3 Beds · 3 Baths · 100–128 m²

13 tỷ – 22 tỷ

156 triệu/m²

Rent: 35 triệu - 55 triệu/mo

Growing families

Penthouse

4 Beds · 4 Baths · 181–400 m²

Under review

75 tỷ – 80 tỷ

185 triệu/m²

Rent: 77 triệu - 141 triệu/mo

Growing families

Project Details

Developer	Frasers Property
Status	Delivered 2021
Total Units	348
Towers	1

Legal Information

Launch Date	2017-07
Handover	2021-01
Construction Permit	Approved
Pink Book	Issued
Legal Notes	Joint venture between Frasers Property (Singapore) and An Duong Thao Dien (Vietnam). Project delivered January 2021. Pink books fully issued per available records. Vietnamese citizens hold permanent freehold ownership; foreigners hold 50-year renewable leasehold. No legal disputes found in available sources as of June 2026. Managed by G Homes, a Frasers Property member company.

Amenities

👨‍👩‍👧 Family: Children's playground (Walhalla) and a multi-purpose function room with gourmet kitchen on the SIX@Q2 amenity deck. BIS, AIS, and ISHCMC international schools are within 2-3km. The low-density layout with 6 villas and 12 townhouses provides a private, quieter environment for families.

🏋️ Fitness: SIX@Q2 amenity deck at Level 6 (rooftop of the 6-story podium) features a 50-metre infinity pool with glass-edge design and Saigon River views, a floating gym suspended above the jacuzzi, sunrise yoga platform, hydrotherapy spa, rain spa, massage rooms, and a BBQ terrace — positioned above the podium roofline for open views over Thao Dien.

🏖️ Lifestyle: ONE-TREE@Q2 sky garden at Level 12 includes a reading library, social lounge, BBQ zone, hanging gardens, meditation and Tai Chi spaces, and an ornamental bird and aquatic club. The SIX@Q2 amenity deck at Level 6 also features an amphitheatre and gourmet kitchen function room. The mixed-use compound has Q2Terrace retail on the ground floor with tenants including Annam Gourmet Market and Wayne's Coffee.

🛒 Convenience: 24/7 security with managed access, basement car and motorbike parking, concierge services by G Homes. An Phu Metro Line 1 station (~500m) provides a 15-minute CBD connection without crossing Saigon Bridge traffic. Vincom Mega Mall Thao Dien (~1.5km) for retail and dining.

🏊 Pool🌳 Garden🔥 BBQ Area🧒 Play Area🔒 Security🛎️ Concierge🌿 Sky Garden🅿️ Car Parking🏋️ Gym🏍️ Motorbike Parking

Location & Commute

Explore on map

Q2 Thảo Điền

17 min

District 1 CBD

39 min

Tân Sơn Nhất Airport

49 min

Long Thành Airport

CBD (peak)	25 min
CBD (off-peak)	17 min
Airport (peak)	46 min
Airport (off-peak)	39 min
Long Thành (peak)	55 min
Long Thành (off-peak)	49 min

🚇

Metro

An Phu Station

Nearby

🛍️

Mall

Estella Place

Next door

🛒

Supermarket

WinMart+

Short walk

🏫

Schools

International School Ho Chi Minh City – …

Next door

🏥

Hospitals

삼성하늘병원 2군점 - Samsung Sky Clinic - Phòng …

Next door

🌳

Park

ONE-TREE @ Q2 Thao Dien

On-site

Major Roads

Vo Truong Toan StreetLuong Dinh CuaSaigon Bridge

🔇 High Noise🌊 Low Flood🛣️ Near Highway

High proportion of expatriates (Western, Korean, Japanese) and upper-tier Vietnamese professionals. The low-density layout (348 units on 0.96 ha) and Frasers Property brand attract a quiet, discerning resident base with limited short-term rental activity.

🏫 International Schools

•British International School (BIS) — multiple campuses in Thu Duc (~2km)
•Australian International School (AIS) (~2.5km)

🏥 Hospitals

•Thu Duc City General Hospital (~4km)
•FV Hospital (~8km via Saigon Bridge)

Things to consider (not deal breakers)

⚠️ Traffic

Vo Truong Toan Street is a quiet residential street with low traffic load. Main route to District 1 ...

Vo Truong Toan Street is a quiet residential street with low traffic load. Main route to District 1 runs via Ha Noi Highway over Saigon Bridge — peak-hour congestion at the bridge approach adds 10-20 min. Metro Line 1 An Phu station (~500m, operational Dec 2024) provides a 15-minute CBD bypass that avoids Saigon Bridge entirely. The An Phu Interchange (progressively opening since late 2025, full completion targeted end of 2026) is adding capacity at the Ha Noi Highway eastern gateway.

→ Metro Line 1 An Phu station (~500m) operational since Dec 2024 — 15 min to Ben Thanh bypasses Saigon Bridge congestion entirely. An Phu Interchange (progressively opening since late 2025, full completion targeted end of 2026) is adding road capacity at the eastern gateway to HCMC.

🌊 Flood Risk

Thao Dien ward drains well. The project sits on elevated land along Vo Truong Toan with no significa...

Thao Dien ward drains well. The project sits on elevated land along Vo Truong Toan with no significant flood history.

→ Elevated land with modern drainage infrastructure. No flooding history in available records.

Notable Places

ONE-TREE @ Q2 Thao Dien

ONE-TREE@Q2 sky garden at Level 12 within the tower, featuring hanging gardens, a reading library, social lounge, BBQ zone, Tai Chi and meditation spaces, and an ornamental bird and aquatic club. A mid-tower community level that gives residents an open-air gathering space elevated above the street.

SIX @ Q2 Thao Dien

SIX@Q2 amenity deck at Level 6 (rooftop of the 6-story podium) with a 50-metre infinity pool featuring glass-edge design and Saigon River views, a floating gym suspended above the jacuzzi, sunrise yoga platform, hydrotherapy and rain spa, massage rooms, amphitheatre, multi-purpose function room with gourmet kitchen, and a children's playground (Walhalla). Elevated above the Thao Dien roofline, it is the primary fitness and wellness hub for all residents of the compound.

Projects by Developer

Mê Linh Point Tower

Growth Catalysts

✅Ring Road 3 HCMC expressway section opened December 2025; full completion targeted June 2026 (2026)
🚧An Phú Interchange: N3 branch opened April 30, 2026; final branches N4 and N1 pushed to end of July 2026 (2026)
🚧Cat Lai tunnel (HCMC–Dong Nai) broke ground January 2026 — opens Thu Duc City corridor to Long Thanh airport (2028)