One Verandah

One Verandah: The Definitive Guide to Riverside Luxury in Thu Duc City

One Verandah, masterfully developed by the esteemed Singaporean real estate group Mapletree, is a prime example of modern, high-end residential architecture in Thanh My Loi, Thu Duc City (formerly District 2), Ho Chi Minh City.¹ Spanning 1.7 hectares and composed of five distinct apartment blocks, this project redefines resort-style living with its unique design, world-class amenities, and strategic location.²

Strategic Location and Unmatched Connectivity

The project’s location is a key differentiator, situating residents in the highly desirable and well-planned Thanh My Loi area. One Verandah offers a unique balance of tranquil riverfront life and essential urban connectivity:

• Location: Situated in Thanh My Loi Ward, Thu Duc City. The project’s borders are defined by Nguyen Van Kinh Street (Northeast), Bat Nan Street (Northwest), an internal road (Southwest), and Ta Hien Street (Southeast).
• Accessibility: Residents enjoy immediate access to major transport routes like Mai Chi Tho Boulevard, providing a swift, approximately 10-15 minute commute to District 1 via the Thu Thiem Tunnel. Its proximity to Diamond Island and the local administrative centre guarantees a low-density, high-security, and impeccably maintained neighborhood.

Architectural Vision and Project Scale

One Verandah is an architectural statement, featuring five 22-story residential blocks named Soleil (S), Viento (V), Jardin (B), Ciel (C), and Luminosa (L).³ The entire project was meticulously designed by the acclaimed P&T Architects from Singapore.

A crucial design innovation is the use of above-ground parking floors (T1 + T3). This approach eliminates the disadvantages of traditional underground parking, improving airflow, safety, and accessibility. The project’s low construction density (tower block 40%, base block 50%) is dedicated to maximizing green spaces and communal areas, enhancing the quality of life.

The Allure of the River View

True to its name, which evokes spacious balconies and open terraces, One Verandah is centered around its connection to the Saigon River.⁴ Approximately 80% of all apartments are oriented to capture breathtaking panoramic river views. This feature is the project’s crown jewel, providing residents with a quiet, ever-changing natural landscape that acts as a true escape from the city’s pace.

Product Diversity and Handover Standards

The project comprises a total of 779 residential units plus commercial apartments, offering a range of sizes to suit various needs, from high-level single professionals to large families.⁵

All units were completed and handed over in June 2020 according to a basic completion standard. This standard ensures high-quality foundational elements and utility systems are in place, while providing owners with the flexibility to customize the interior finishing to their exact taste and style.

Developer Trust and Legal Security

The integrity of One Verandah is guaranteed by Mapletree, a global real estate firm with a reputation for delivering large-scale, quality projects across the world.⁶ Their commitment to international construction standards ensures the project’s long-term excellence.

The project is legally sound, secured by:

• Official legal documents (1/500 approval and Construction Permit).
• Guarantor Bank: Vietcombank, providing financial security to buyers.
• Long-term ownership pink book for Vietnamese citizens.
• 50-year ownership pink book for foreigners.

Investment and Transaction Perspective (Sale & Rental Pricing)

One Verandah is a completed, operational asset, making it highly attractive for immediate occupancy or investment yield. The project’s quality, location, and stunning views sustain its premium valuation in the competitive Thu Duc City market.

The combination of the Mapletree pedigree, the rarity of a prime river view location in Thanh My Loi, and the transparent legal status makes One Verandah a compelling case for both capital appreciation and stable rental income in the thriving Thu Duc City real estate market.