Archive | August, 2009

Saigon Times Square – The Landmark Architecture Icon in the eart of Saigon

31 Aug
VNRELanding in 2005 in Ho Chi Minh City, Times Square (Vietnam) Investment Joint Stock (TSIJS) is the premier real estate developer from Hong Kong-China specializing in the sustainable development of mixed use commercial real estate projects including hotels, serviced apartments, oflices and shopping centers in Asia. Times Square is TSIJS’s latest project in Vietnam.

As anticipated at the second quarter of 2011, Ho Chi Minh City (HCMC), centre of economy of Vietnam, will welcome Times Square (TS), one of the highest buildings in HCMC at present. In its modem architecture of the new century with 39 floors, TS is positioned to offer an one stop exclusive experience of luxury lifestyle in HCMC comparable to the intemational standard in any world class gateway cities. With its height. TS is considered as a vertical city with multi-fimction: retail, business centre, apartments and hotel…

Located with two fmntages on Dong Khoi Street and Nguyen Hue Street, one of the busiest areas in HCMC, TS becomes the epitome of District 1. TS commands the maximum exposure and plays an important role in modernizing the commercial street liont of both streets. “Our unique strength starts with the strategic positioning of TS and making TS the landmark architecture icon in the heart of
Saigon that complements the lifestyle in HCMC,” said Mr. Alfred Chu, General
Director of TSIJS.

In addition, TS is also the home of the first tier intemational fashion and lifestyle brands, the progressive intemational business and leisure travelers and disceming business entrepreneurs and corporations and lastly the upward mobile local people in Vietnam demanding superior products and personalized experiences.

TS is designed by intemational renowned architects with high emphasis on both its functionality and visual impact. The L shaped tower is designed to suit the site configuration as well as to maximize the south facing facade view towards the Saigon River. Different from other high rise building in Vietnam, a helipad has been designed for helicopter landing on the roof top of the tower. In addition, from inspiration of intemational renowned interior designers, the joumey from the ground level entrance to the hotel lobby, to the restaurants and up to the executive lounge on the 38th floor will be the non-stop discovery of “wow” inspiring sensory experience of modem design. Together with the unique architect. the building is also designed with the highest sustainable strategy in mind and the intelligence use of natwal greenery and water feature, TS will become an urban resort at the centre of the HCMC.

ln capitalizing TS’ unique prime location in HCMC, TSIJS’s fmancial strength and Vietnam’s emerging real estate development, the owner of TSIJS is going to share his vision that TS has the ingredients of developing its luxury hotel and residence into a New Asia brand. Successful examples in Asia include the Regent in Hong Kong-China, the Banyan Tree in Phuket, Raffles in Singapore and Dusit Thanin in Bangkok.

“The creation or binh of a New Asia brand in HCMC will reflect that the economies we live in are competitive and open and this economic openness which Vietnam presented is one of the best indicators of her future prosperity,” Mr.Alfred Chu added.

This vertical city will be the pride not only of TSIJS in particular but also of HCMC in general.

Reported by Thu Ha/ Vietnam Economic News

Azura Danang

31 Aug
Azura is a luxury apartment towers 32 floors in the complex including offices, commercial centers, luxury hotels with utilities being invested by Vina Cappital Real Estate, a leading real estate investment company, a members of Vinacapital corporation.

Specifically, the apartment building has area from 60m2 – 265m2, 1 to 4 bedrooms quality by international standards, modern and luxurious equipment, beautiful view directly into the Han River , Son Tra Peninsula, South China Sea and Da Nang city central.

Currently, Azura has begun deploying to receive bookings for the first 28 apartments from the 1st to 4th floor with price for the first customer. Apartment price from U.S. $ 1,450 – U.S. $ 1,600 / m2 (excluding VAT).

The project has completed the pile and continue to deploy foundation, Azura will be expected to be completed and operation in 2011.


Living room


Dining room


For further information, please contact:

CBRE Vietnam – Exclusive Sales Agent
Ms. Nguyen Tran Ai Vy – Sale Team Leader
Tel: 84.511.222 2111 – Fax: 84.511.222 2100
Hotline: 84.90 592 8080 – Email:


31 Aug


Located at one of the most favourable location in the North of Vietnam, Splendora will soon become center of the west of Hanoi, with total area of 264,13 hectares.

Bordering with Lang – Hoa Lac highway, life-line of western gateway, and just around 20 km counted from Noibai International Airport, from Splendora, you can go anywhere easily and quickly.

Splendora – complex urban area with multi – functional space, – together with other urban areas such as Quoc Oai, Ngoc Liep… forming a group of modern and unified urban area.

You can enjoy fresh air, dreaming spaces created by artificial lake with 6,6 hectares, eco-friendly environment, flowers gardens, green areas..High-class international school occupy up to 5hectares, other functional spaces such as entertainment, culture, office, shopping center…also being contructed to create a one-stop life for urban residents here.Besides, Splendora also apply new conept of Security system to absolutely ensure security for people here.

At Splendora, you can meet the model of New York economic center, fashion and culture center of Paris, tourist and entertainment center as Dubai, Sydney…symbol of global life.

Business Environtment

Geological Environment

– Splendora is a base city for development of western axis of Hanoi and expected to act as a core city for Hanoi being connected to other western axis development cities in the future.

– Located near the Lang – Hoa Lac Highway that connects Hanoi with Hoa Lac, and Ring Road 4, the projected area is equipped with a superior wide-coverage traffic environment.

– On the southern and northern sides of the expressway, new towns of a similar size will be symmetrically constructed, raising expectations for considerable synergy creation.

Traffic Environment

Located 6km from National Conference Center. Take only 5 to 6 minutes by car

– Favorable traffic conditions due to being located at the intersection of the Lang-Hoa Lac Highway and Ring Road 4

– Easy access to Noi Bai Airport and other satellite cities around Hanoi

Hanoi Population distribution Plan

Major building site development projects in Hanoi have been accelerated centering around western area and eastern area, and a transport network development plan has been established in consideration of development axes.


Designers have oriented to develop the land area to main functional areas: commercial area, high-rise area, public area and low-rise area

Master Plan desiged by POSCO E&C. Other construction items in first phase designed by:

· Eric Dubosc (Dubosc & Landowski), France
· Professor and Landscape Architect, Katherine Bennett
· Dong Il Architects & Engineers, Korea
· Vinaconsult, Vietnam

Splendora Identity:

· Over 60-Storey Landmark Tower located right at the center of the Project.
· Villa area designed by French style.
· Terrace house are designed with 3 types of garden.
· High-rise apartment.
· Community center.
· Education system including International School, Elementary School, Junior High school,Senior high school, kindergarten

Development phases: Splendora project is divided to six phases.

First phase: Residential

Implementation time: 2009 – 2012. Total area: ~ 50 ha

Sales progress:

Start selling villa and terrace house from Octorber, 2009:

– Villa: 317 units, consists of 6 types: 210m2, 210at m2, 270m2, 330m2, 390m2, 450m2

– Terrace house: 236 units, consists of 13 types: 100m2, 100Am2, 123m2, 123Am2, 125Bm2, 125Cm2, 125Rm2, 128m2, 129m2, 135m2, 142m2, 145m2, 163m2

Apart sales procedure will be announced later.

For further information, please contact:

An Khanh Joint-venture Company
Hotline: 1900-9000 – Website:

Construction update – August 30 2009

30 Aug

Eco Park– The City of Green and Blue

29 Aug

Ecopark is currently the largest township development in Northern Vietnam with a total development area of 499.9 ha. The project is divided into 9 phases with a total estimated investment capital of over 8.2 billion US Dollars. With over 110 hectare in green areas and lakes, Ecopark presents the perfect harmony of humans and nature, a delicate balance between facilitating urban development and creating a natural environment. At Ecopark, urban expansion and Mother Nature unite to create vast expanses of green areas and blue waters. With the ecological ideal at our core, Ecopark preserves that which is uniquely Vietnam, both enviromentally and culturally.

Located just over 10km from the center of Hanoi, Ecopark is a mere 20 minute drive from the bustling city. Six direct access routes connect Ecopark and the center of Hanoi:

1. Take the Thanh Tri bridge (part of Ring road No.3), connecting to the Hanoi – Hung Yen highway (expected completion 2010).

2. Take the Vinh Tuy bridge, connecting to the Hanoi – Hung Yen highway.

3. Take the Chuong Duong bridge and follow the Red River dyke road (planned to be widened and upgraded).

4. Follow Highway 5 (Hanoi to Hai Phong).

5. Follow the future Highway 5B (Hanoi to Hai Phong).

6 Waterway on the Red River to the Bac Hung Hai River, running through Ecopark.

With the vision to create harmony between human and nature, Ecopark aims to bring together modern facilities of international standards in order to create the most enjoyable living environment for its residents.

Enjoy life with Ecopark’s complete range of modern facilities

The township’s facilities include public entertainment facilities such as cinemas, club house area, swimming pools, tennis courts, gyms, parks, children’s playgrounds. The commercial and financial centre of Ecopark, located in the heart of the township, holds a conference center, an exhibition hall, a shopping plaza and supermarket, modern office buildings and a spacious square. A central green park is also planned to soften the landscape and act as a focal point of the commercial center. Ecopark’s master plan also calls for international standard hospitals and clinics, educational institutions from kindergarten to high school and a university. Residents of Ecopark will have an unparalleled opportunity to develop their minds and care for their bodies in a modern environment
admist nature’s beauty.

Ecopark, where traditional values stand the test of time

Still characteristically Vietnam – despite our plan to design and build a city with every benefit of modern technology, we know it is equally important to maintain and highlight the unique traditional features of this deep and captivating culture.

The brilliance of Ecopark “Old Town” (a themed village within our township) is the perfect balance between tradition and modernity. Members of our community enjoy both a modern lifestyle while simultaneously allowing for the preservation of various cultural traditions, architectural styles, and much more. This will both enrich the spirit of life for residents of the township and make deep and lasting impressions on visiting tourists.

Ecopark, when concept becomes reality

The first development phase will offer villas and semi detached housing in a gated community setting, shop houses, mid rise and high rise apartment complex. Several residential facilities and commercial space in Phase 1 will also be offered, including international schools and kindergarten, swimming pools, gym and sports facilties, a club house and community area, children’s playground and parks.

We also place an emphasis on creating green parks and open area where you and your family can enjoy nature at its best, go for a walk or simply sit under the shade of a tree for a picnic. To be launched in the third quarter of 2009, Ecopark’s inaugural phase is set to cast a warm glow of harmony and tranquility over 54 ha of northern Vietnams landscape.

Luxury villas and semi-detached villas

Luxury villas and semi-detached villas with modern design, built on the principle of harmony between nature and residents – and with advanced construction methods protecting the environment.

Your house will be handed over to you bare shell, ready for your creativity to choose bathroom and kitchen fittings, floors, ceilings and interior design to your personal taste. Semi-detached villas range from 160 sqm to over 230 sqm and villas range from 290 sqm to over 766 sqm.

For further information, please contact:

Viet Hung Urban Development and Investment JSC
13th Floor, Vietcombank Tower 198 Tran Quang Khai Str – Hoan Kiem Dist – Ha Noi
Telephone: 84.4.3936 3940 – Fax: 84.4.3936 4174.

Savills Vietnam – Exclusive Sales Agent
82B Ly Thuong Kiet Str., Hanoi
Tel: 84.4.3946 1300 – Hotline: 1900 555 565

The Ocean Villas Official Launch

29 Aug
On August 29, 2009 VinaCapital Real Estate Ltd. will officially launch The Ocean Villas at an event held on location in Danang. Three model villas will be open for guests at the launch.

The Ocean Villas are nearly 200 luxury beach villas that are part of VinaCapital’s 260-hectare Danang Beach Resort. Clients who registered with Savills Vietnam Ltd., sole agent of The Ocean Villas, are invited to the official launch. Clients at the launch will be able to experience the beachfront lifestyle by visiting the three model villas, including a 714m2 two-bedroom, 848m2 three-bedroom, and 1,106m2 four-bedroom model. All are located within view of the beach and the beautiful surrounding landscape featuring the Dunes golf course designed by Greg Norman.

The launch event will see VinaCapital Real Estate Ltd and Savills Vietnam Ltd officially begin sales of the nearly 200 villas, with 2-5 bedroom models on plots of 500-1,000m2, designed as spacious, modern and sophisticated living spaces with views of the golf course and beach, in a green, environment-friendly resort setting.

Almost 80% of first phase was reserved for sale not long after the two soft launch events held in July in Ha Noi and Ho Chi Minh City. The Savills Sales team in HCM City has had great success in finding qualified buyers and informing them of this unique project.

Mr. Raymond Moore, Savills Vietnam Head of Agency Sales in HCM City, said: “We at Savills are extremely pleased with the results to date. Since introducing The Ocean Villas in Hanoi and HCM City in July, we have received numerous enquiries. It shows the strong demand and is a great result for the developers and consultancy companies behind this project.”

The sales office and model villas will be open 7 days a week to welcome guests and prospective customers. Potential clients can register through the hotline + 84 (0) 947 906 999 or at the website

Starwood expanding high-end hotels chain in Vietnam

27 Aug
American’s Starwood Hotels & Resorts is planning to open three new high-end hotels and resorts in well-known tourist destinations in Vietnam in the next three years.

Patricia Neo, senior director of Customer Contact Centre for Starwood Hotels & Resorts Asia Pacific, said Starwood was launching five-star Sheraton Nha Trang Hotel & Spa located along Tran Phu Boulevard in Nha Trang in November.

The 30-story hotel will be the tallest building in the coastal city and all of its 284 guest rooms will enjoy breathtaking views of the bay.

“Besides the international, the local market is an important market for us. 80% of the tourist arrivals to Nha Trang are domestic, so we will be offering a special promotion that will help local residents experience the services of the new Sheraton Nha Trang Hotel & Spa and enjoy the fantastic view of the bay”, Neo said recently in Hanoi.

Another Starwood outlet – Sheraton Hoi An Resort & Spa – is also scheduled to open in 2011, with 242 rooms which is situated in a new destination along Vietnam’s popular China Beach and will offer exclusive beach access to the resort’s guests.

Neo told the Daily that the hotel management group would open Westin Resort & Spa, Cam Ranh in Nha Trang in 2012, featuring 330 rooms and a range of Westin products and services including Westin Heavenly Bed, Westin Workout and Heavenly Spa.

Starwood said Cam Ranh Bay – a protected inlet off the Eastern Sea situated between Phan Rang and Nha Trang and about 290 kilometers northeast of HCMC – would help lure both high-end domestic and international travelers to the Westin.

The U.S. hotel manager is operating two hotels in Vietnam, namely Sheraton Saigon Hotel & Towers and Sheraton Hanoi Hotel. The three hotels and resorts under development are part of the long-term business strategy of Starwood in Vietnam’s hospitality market.

“We are also actively working on potential projects in HCMC, Dalat and Danang. When Sheraton Nha Trang joins the Starwood family in Q4 of this year, it will give us presence in all of north, south and central Vietnam, said Neo.

Neo said the growth and stability of the Vietnam market in relation to other Southeast Asian nations were bringing opportunities in expanding Starwood brands to key destinations across Vietnam.

“The growing demand presents us with tremendous opportunities with the demand for travel infrastructure, including hotels. We continue to see growth opportunities and potential even during this time” said Neo.

“We’re planning ahead for the recovery so we can come out of the gate fast, ahead of the competition. We also believe that today’s reduced travel budgets, cancelled meetings and staycations are tomorrow’s pent up demand”.

Source: Saigon Times