Phu My Hung launches new apartment project in Southside District
Giant property company Phu My Hung Development Corporation late last week unveiled a show house of its new project, Hung Phuc Premier (Happy Residence Premier), where it plans to start selling units next month. Located on Nguyen Luong Bang Boulevard, Hung Phuc Premier is the ninth condo project. Hung Phuc is building in its Southside District, site of Chateau Villas, considered a symbol of Hung Phuc City Centre’s living environment and community. The new project will be developed on an area of 5,000sq.m with a construction density of 43 per cent. The other 57 per cent is meant for infrastructure, amenities, parks, and transportation.
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Japanese sun rises in Saigon housing market
From relative obscurity about five years ago, Japan has emerged as a top 3 housing projects investor in Ho Chi Minh City. Behind only Singapore and Taiwan now, the growing attention Japanese firms have been paying to the residential sector in Ho Chi Minh City is reflected both in the number and scale of projects. Real estate business is the second largest source of FDI, accounting for more than a quarter of total registered in the city. Unlike investors from Singapore or Taiwan, who typically develop projects on their own, Japanese investors tend to partner with a local firm and their projects have so far been focused mainly in the southern part of the city. A typical case is the partnership between Vietnam’s An Gia Group and Japan’s Creed Group. Phu My Hung has partnered with three Japanese giants, Daiwa House, Nomura and Sumitomo, in a joint venture to develop Midtown. Mizuki Park in Binh Chanh District is another Japanese-invested project in the city’s southern part. The VND8 trillion ($349 million) project is a joint venture between Vietnam’s Nam Long Group, which holds a 50 percent stake, and Japan’s Nishitetshu and Hankyu. Japanese-backed projects usually carry recognized Japanese standards.
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https://e.vnexpress.net/news/business/japanese-sun-rises-in-saigon-housing-market-3781733.html
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Limited in supply, high-end apartments in CBDs of HCMC may increase in prices
Over one year, HCMC real estate market has witnessed rapid price increases of central-business-district (CBD) townhouses and suburban land lots, while CBD high-end apartments only increase following the national inflation rate, which is 5-7pct per year. In upcoming time, with strong decline in supply and a policy about stopping development of additional high-rise projects in CBDs, high-end apartment segment in CBDs will see more attractive price increases. According to statistics from Vietnam Property Brokerage Association, 30pct out of nearly 9,000 successful apartment transactions in Q1-2018 were for high-end apartments.
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Seek after green living space in Hanoi
In crowded cities, people are aware of negative effects of noises, air pollutions, and therefore desire for ecological greeneries. With the change of urban space and lifestyles, many green townships have been developed, creating harmony between human and nature, such as Ciputra, Gamuda, Park City, Flamingo Dai Lai… Among these renowned projects, the most noticeable one is Imperia Sky Garden developed by MIK Group. Inspired by world-renowned sky gardens like Rockefeller Center Roof Garden (New York), Kensington Roof Gardens (London) or Acros Garden and Namba Parks (Japan), architects of Baumschlager Eberle Architekten (BEA) – one of the world’s top 100 design offices – worked for two years to design Imperia Sky Garden into a rare horizon garden amidst Hanoi.
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https://baomoi.com/do-mat-tim-khong-gian-song-xanh-giua-noi-do-ha-noi/c/26958721.epi
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High-level green living space at Gamuda City
Gathering sufficient utilities and having green living space, Gamuda City of investor Gamuda Land is an international-standard township, making it an ideal location to hold many large-scale cultural events in Hanoi. In upcoming time, the green township will become even livelier when Gamuda Gardens project is being completed. Gamuda Gardens is one of main precincts of Gamuda City and covers 500 hectares. Inspired by renowned Malaysia townships Valencia and Bandar Botanic, Gamuda Gardens is developed following the closed community-oriented green lifestyle. Spanning 73 hectares, the township has construction density only occupying 50pct of the project’s area and consists of over 2,000 semi-detached villas, detached villas, townhouses and high-end apartments. The remaining 50pct of the project’s area is developed into green space and modern utilities.
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http://vietbao.vn/Nha-dat/Khong-gian-song-xanh-dang-cap-o-Gamuda-City/590463635/507/