The Opera Residence Shophouse — Commercial Units at Saigon's Wall Street, Priced from 50 Billion VND

Shophouse units at The Opera Residence in Thu Thiem are listed from 50 to 128 billion VND, located next to the Thu Thiem Opera House site, with only 25% payment required until June 2023, direct access benefits from the Bason Bridge completion on 2 September 2021, and a July 2021 construction progress update.
Huynh Vo

Huynh Vo

2020
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THE OPERA RESIDENCE_SHOPHOUSE.docx THE OPERA RESIDENCE_SHOPHOUSE 1.docx

Overview

Sonkimland positioned the shophouse component of The Opera Residence as "Saigon's Wall Street" — a commercial address located immediately next to the planned Thu Thiem Opera House site. The asking price range runs from 50 to 128 billion VND, with a payment schedule requiring only 25% until June 2023 (a minimum of 12.5 billion VND over two years).

The shophouse launch coincided with the Bason Bridge (Thu Thiem Bridge No. 2) officially completing its final span on 2 September 2021, creating a direct vehicular link from Ton Duc Thang Street, District 1 into the Thu Thiem new urban area. By July 2021, the Opera Residence construction was already advancing visibly on site while the final bridge span was being prepared for installation.

Thu Thiem new urban area and the Bason Bridge (Thu Thiem Bridge No. 2) viewed from above

Location

The Opera Residence sits on land plot 1.17, Zone 1, Thu Thiem, District 2 — within the area planned to become Ho Chi Minh City's new central business district. The project fronts a circular boulevard spanning nearly 7.6 hectares, sits along the Saigon River, and is directly linked to District 1 via Thu Thiem Bridge No. 2.

The location is presented alongside Pudong (Shanghai), Raffles City (Singapore), and Darling Harbour (Sydney) as comparable internationally recognized financial and commercial precincts.

Thu Thiem masterplan highlighting the Opera House, Convention Centre, Central Plaza, and Riverfront Park

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Shophouse Product

The commercial units occupy the podium of the Opera Residence development, directly adjacent to the future Thu Thiem Opera House. The location is positioned to capture foot traffic from shoppers, tourists, and business visitors both domestic and international.

DetailInformation
Price range50 - 128 billion VND
Payment schedule25% until June 2023
Minimum upfront12.5 billion VND over 2 years
PositionNext to the Thu Thiem Opera House site

Street-level render of the commercial podium and pedestrian boulevard at The Opera Residence

Project Progress - July 2021

By July 2021, the Opera Residence massing was already visible from multiple angles along the Saigon River and from the Thu Thiem side of the project. The imagery highlights the facade lighting concept, the built podium scale, and the project's direct frontage toward the bridge connection into District 1.

The Metropole Thu Thiem stands to benefit directly from Bason Bridge, with the project sitting beside the Central Plaza and the future pedestrian bridge.

The Opera Residence construction progress update - July 2021

Night-time project progress view showing the podium and tower lighting concept

Developer

Sonkimland was established in 1950 and is known as a boutique developer specializing in premium real estate across three segments: residential, hospitality, and office. Completed projects include Nassim, Gateway Thao Dien, and Serenity Sky Villa.

With the Opera House and Central Plaza immediately adjacent, The Opera Residence shophouses are positioned to attract a large and growing volume of retail and hospitality visitors

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Bason Bridge Completion

The 17th and final girder of the Bason Bridge was barged in from Vung Tau to the Saigon River ahead of the 2 September deadline, and the bridge officially completed its span on 2 September 2021. The final span had already arrived in Saigon and was ready to be joined before the holiday milestone.

Aerial view of the Bason Bridge during the joining of the final (17th) span

Thu Thiem Bridge No. 2 connecting Ton Duc Thang Street, District 1 to the Thu Thiem new urban area

Booking Terms

Sonkimland's reservation policy for the shophouse offering includes:

Sonkimland sales policy — booking fee 10 billion VND, 10%/year interest if transaction completes, 7%/year if not; maximum 3 units per customer

  • Booking fee: 10 billion VND
  • Interest rate (transaction completes): 10% per year
  • Interest rate (transaction does not proceed): 7% per year
  • Unit selection priority: in order of deposit receipt
  • Maximum units per customer: 3
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