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Explore VietnamFrasers 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.
Balanced for both homeowners and investors.
Q2 Thao Dien is Thao Dien's standout low-density luxury compound — Frasers Property management, two operating sky amenity decks, and the ISHCMC American Academy literally next door create a daily living standard few projects in the enclave can match. The price premium is steep and high ambient noise from surrounding bars is a real tradeoff buyers should test in person before committing.
Homeowner: A solid choice for homeowners who value low-density living, developer quality, and school convenience. Frasers Property's Singapore-standard G Homes management, two operating sky amenity decks, and the ISHCMC American Academy immediately adjacent give this project a livability edge over most Thao Dien peers. The main tradeoffs are price — resale sits 35% above the upper-mid segment median — and high ambient noise from bars within 200m, which will be felt on lower-floor units in the evening.
Investor: A focused buy-to-let thesis with a clear expat tenant base. Frasers Property management and ISHCMC American Academy proximity draw Western, Korean, and Japanese professional families who pay USD-denominated rents, supporting yields that can reach 4-5% in hard-currency terms. The risk is liquidity: 348 total units means the secondary market is thin, and the luxury price tier limits the resale buyer pool — holding periods may run longer than in larger, higher-turnover projects.
| Market range | 110 triệu – 196 triệu/m² |
| Unit price | 7 tỷ – 22 tỷ |
| Rent | 19 triệu – 141 triệu/mo |
| Launch price | 65 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Q2 Thảo Điền | 145 triệu/m² | — |
| Gateway Thảo Điền | 108,2 triệu/m² | 0.1 km |
| Lumière Riverside | 108 triệu/m² | 0.2 km |
| Estella Heights | 111,9 triệu/m² | 0.3 km |
Q2 Thao Dien has appreciated steadily since its January 2021 delivery, tracking Thao Dien's broader luxury market, with Metro Line 1 operational since Dec 2024 reinforcing the corridor's fundamentals.
| 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). Project delivered January 2021. Pink books reported as 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 May 2026. Managed by G Homes, a Frasers Property member company. |
Q2 Thảo Điền
| CBD (peak) | 23 min |
| CBD (off-peak) | 16 min |
| Airport (peak) | 44 min |
| Airport (off-peak) | 39 min |
| Long Thành (peak) | 54 min |
| Long Thành (off-peak) | 50 min |
High proportion of expatriates (Western, Korean, Japanese) and upper-tier Vietnamese professionals. The low-density layout and Frasers Property brand attract a quiet, discerning resident base with limited short-term rental activity.
