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Delivered 2021
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.
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.
Better for long-term living than for investing.
A private, low-density Frasers Property compound (348 units on 0.96 ha, delivered 2021, pink books issued) with an international school next door and Metro Line 1 about a 9-minute walk away. The tradeoffs are a price well above comparable Thảo Điền stock, a thin resale market, and high ambient noise from the surrounding bar scene; resident-review evidence on management and parking is not yet available to test.
Homeowner: A good choice for homeowners who want a private, low-density address with an international school and shopping next door. It was delivered in 2021 by Frasers Property with pink books issued, and offers two sky amenity decks and Metro Line 1 within a short walk. The compromises are high ambient noise from the surrounding bar scene, a price well above comparable Thảo Điền stock, and limited outdoor green space on a small site.
Investor: The case rests on expat rental demand and a proven location, not on a discount. Rent and resale listings both exist and indicative gross yields look like roughly 3-4%, but with only 348 units, tickets of about 7B VND and up, and asking prices well above peers, the resale market is thin and exit pricing is hard to benchmark.
| Market range | 110 triệu – 282 triệu/m² |
| Unit price | 7 tỷ – 80 tỷ |
| Rent | 19 triệu – 141 triệu/mo |
| Launch price | 65 triệu/m² |
| 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 |
Resale asks cluster around a typical 145M/m² (about 135-222M/m² across unit types), and the large year-on-year moves in some bedroom slices come from thin samples and unit mix rather than a confirmed re-rating.
| Developer | Frasers Property |
| Status | Delivered 2021 |
| Total Units | 348 |
| Towers | 1 |
| 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). Delivered January 2021. Pink books reported fully issued; no legal disputes found in searches as of October 2026. Vietnamese citizens hold permanent ownership; foreigners hold 50-year renewable leasehold. Managed by G Homes. |
Q2 Thảo Điền
| CBD (peak) | 22 min |
| CBD (off-peak) | 16 min |
| Airport (peak) | 43 min |
| Airport (off-peak) | 38 min |
| Long Thành (peak) | 53 min |
| Long Thành (off-peak) | 50 min |
A 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 management attract a discerning resident base, though the surrounding bar scene means the neighbourhood itself is lively rather than quiet.
