According to InterNations' annual Expat City Ranking 2021- the world's largest expat community - Ho Chi Minh City is ranked 6th among the Top 10 best cities for foreigners to live and work, out of 57 cities worldwide surveyed. Many expatriates in the city have shifted from short-term accommodation to long-term residences, increasingly seeking high-end and luxury apartments in the city center.
Drawing foreign attention
Vietnam is attracting investors with strong financial capacity, alongside teams of experts and highly skilled workers in finance, semiconductors, artificial intelligence, and digital transformation. As a result, the number of foreigners living in major cities, especially Ho Chi Minh City, is steadily growing.
Residential preferences among this group have evolved over time. In the 2000s, foreign residents prioritized central districts such as District 1 and District 3. Gradually, they shifted to Phu My Hung, home to the first modern urban model with a large international community. In the following phase, Thao Dien and An Phu (formerly Thu Duc City) became popular for their prime locations and well-established foreign communities. Today, that trend is moving toward Nam Rach Chiec, an area considered the new development focus of Ho Chi Minh City. The district combines comprehensive transportation infrastructure, systematic urban planning, and a living environment that balances nature with modern amenities.
With the emergence of international-standard luxury projects, Nam Rach Chiec is gradually forming a multinational residential community, where foreign residents can find common ground in lifestyle and global cultural values.
In this context, The Privé, a luxury apartment complex by Dat Xanh Group, has become one of the projects receiving the most attention from foreign buyers. Its transparent legal framework is a key factor. Licensed for sale to foreigners, a rare feature in the current market, the project allows buyers to sign contracts directly with the developer, ensuring a secure and transparent transaction process. This is a crucial criterion for international investors. In a context where most foreign-eligible projects were handed over many years ago, opportunities to purchase primary-market units are very limited.
Therefore, the emergence of The Privé - a new project with international-standard design and amenities - quickly became a prominent choice for the community of foreign experts and entrepreneurs living and working in Ho Chi Minh City. Adding to its appeal, The Privé applies a "one price" policy, giving both domestic and international buyers equal access without price differences.
Location is a significant factor contributing to The Privé's appeal. Situated in Nam Rach Chiec, adjacent to Thu Thiem - the city’s international financial hub - the project offers convenient access to the metro and major routes, including the Long Thanh - Dau Giay expressway, Mai Chi Tho avenue, and Hanoi Highway. Tan Son Nhat airport is reachable in 25 minutes, and Long Thanh airport in under 20 minutes. For international clients who travel frequently, proximity to key transport hubs is a significant advantage.
International-standard living in the heart of Ho Chi Minh City
One factor highly appreciated by foreign clients is the closed-compound design - a model that has become standard in many developed cities. Limiting to only nine apartments per floor provides privacy and tranquility, suitable for the lifestyle favored by Japanese and Korean customers. The location's immunity to flooding is also a significant advantage, as this is a criterion often carefully considered by foreign investors before making a decision.
Besides private living spaces, the quality of handover is a key factor that helps The Privé quickly win over international customers. From the impression of phase 1 to the upgrades in the new subdivision, many foreign customers believe that the handover standards at The Privé are equivalent to luxury projects in Singapore, Seoul, and Shanghai.
Accompanying the quality of handover is a diverse ecosystem of amenities. With a construction density of only 25%, the majority of The Privé's area is dedicated to green spaces and water features. Three resort-standard electrolytic salt pools, a river-view gym, a fine-dining culinary lounge, a sports area, a cinema, and a creative studio all blend together to create a balanced lifestyle.
In a context where the number of projects eligible for sale to foreign customers is very limited, The Privé is considered one of the notable options. The project simultaneously meets important factors such as transparent legality, convenient location, modern design, international-standard handover quality, and a secluded living space - factors that help The Privé create strong appeal among foreign customers, who set high standards when choosing real estate products.
To explore details about the unique living space and quintessential values at The Privé, please visit the official project website: https://theprive.vn
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