Archive | September, 2010

Jardine Matheson Group will build a complex in the "Golden land" of Hochiminh City

30 Sep
VNREAt the conference (afternoon 9/28/2010) with Mr.Le Hoang Quan – Chairman of HCM City People’s Commettee, Chairman and CEO of Jardine Matheson, Mr Anthony Nightingale proposed: Jardine Matheson Group of UK will build a combination of retail and office for lease in the city center after 15 years present in Vietnam market with many investment projects.
As expected, this building will used the lower floors for retail stores, while the upper floors are the leasing office. According to the opinion of Mr. Nightingale: “We need a good location in the city center, which will build a combination similar to the works of Jardines in Hong Kong and Singapore.”

At the moment, Jardine Matheson is cooperating with the Phu My Hung company to build a supermarket in District 7, not far from the Crescent Lake.

After 15 years of operating in Vietnam, Jardine Matheson has five representative offices, three companies with 100% foreign-owned, 4 joint ventures.

The land 164 Dong Khoi has total area of 9700 m2, surrounded by Nguyen Du and Dong Khoi and Ly Tu Trong, including land area of the HCMC Department of Culture, Sports & Tourism approximately 7100 m2, 2600 m2 the remaining area of 145 households living in this area.

There have been about 66 participating investors would invest in the land. In particular, there are some big investors with equity above U.S $1 billion., such as Indochina Capital, Hong Kong Land, Queensland and Vina Capital…

Reported by Thu Hien

PPI gets land for residential development

30 Sep
VNRELocal property developer Pacific Property and Infrastructure Development JSC (PPI) has won approval from the HCMC government to develop a housing project at a location formerly allocated to another developer.


Phan Anh Dung, deputy general director of the company, told the Daily on the phone on Tuesday that work had started on a detailed design and necessary procedures for a construction license so that the project in the outlying district of Thu Duc could get off the ground pretty soon. The former developer delayed its project for over 10 years.

The city authorities handed over two hectares of land in Hiep Binh Chanh Ward to Phu Nhuan Housing Trade and Construction Company in 1998, but the company had not finished compensation and site clearance.

Dung said PPI planned to invest some VND1.3 trillion to develop the Water Garden Apartment project comprising four blocks of flats, retail podium and other service facilities.

The city, however, has given PPI a deadline for finishing construction and warned that the city will revoke the land if the company also fails to complete necessary procedures to get the project moving within 12 months from the date of receipt of the land.

Work on the project will begin in the middle of next year and be completed within four years.

Reported by Dinh Dung – The Saigon Times Daily

Started construction infrastructure of Hai Phong Cement Urban

29 Sep
VNREMorning 28-9, in Hai Phong, the Hai Phong Cement Urban Joint Stock Company (a member of Vietnam Cement Industry Corporation) started construction infrastructure of Hai Phong Cement Urban project – the first modern international standard urban in Hai Phong.
The urban area is built on a total area of 78.6 hectares on the land of Hai Phong Cement Factory (old) which has a history of more than 110 years. This project is the largest real estate project that Vietnam Cement Industry Corporation ever made.

The urban area is built with modern international standards, ideal green environment, bordering with the Cam and Thuong Ly rivers and land area for park, trees, water, transportation and echnical infrastructure accounted for 43%. As designed, the urban includes functional areas: complex works, commercial areas, residential areas, hotels, schools, hospitals, museums and the transportation system, green parks … and is designed with open space, with 35-storey twin towers high 150 meters, along the two axes are 20-storey buildings and low buildings toward the Thuong Ly River.

Total capital investment in infrastructure of Haiphong Cement Urban is 4,000 billion and the Nikken Sekkei Civil Engineering Ltd. (Japan) plans.

It is expected to complete construction infrastructure in 2013. When completed, this will be the highlighted architecture of the West gate of Hai Phong city.

Reported by Ngo Quang Dung

The first Property and Financial Services Expo will be held in Hanoi

28 Sep
VNREThe first Property and Financial Services Expo – VPF 2010 will be an opportunity to meet and exchange of professionals in the fields of real estate, finance. VPF 2010 will be held under the auspices of the Vietnam Chamber Commerce and Industry (VCCI) and the Vietnam Real Estate Association (VREA).
In the framework of expo will be held two activities: Real Estate and Financial Services Exhibition; seminar Solutions sustainable development for property market. VPF 2010 is expected to attract 50 enterprises in the fields of real estate, finance and about 200 guests attended the workshop.

With exhibition area is over 1000m2, VPF 2010 will display real estate projects by the model, high quality pictures with the other utilities such as: design consultancy, construction, housing loans, policy advice, investment consultant, providing equipment,… introduce the financial system (including banks, investment funds, domestic and international insurance corporations).

This event will take place in Hanoi on 5-7/10/2010.

For further information, please contact:

1.Vietnam Chamber Commerce and Industry (VCCI)
Mr. Pham Huu Quyet – Mobile: 84.90 324 9217
Email: quyetvcci@gmail.com

2.Vietnam Trading Promotion and Service JSC
Add: Room 812, N5B Building, Hoang Dao Thuy Street, Thanh Xuan District, Hanoi
Tel: 84.4.3556 7796 – 3556 7798 – Fax: 84.4.3556 7796
Email: contact@veexpo.com.vn/ trading@vietpromotion.com.vn

Six Senses Con Dao

28 Sep

VNRE – Resting in the quiet waters of the East Sea off the coast of Vietnam, the Con Dao archipelago remains a pristine gem. Marco Polo visited Con Dao in the 13th Century, on his way from China to Europe, and later the East Indian Company established a small trading village on the main island. With a surface area of 70 km 2 and a population of only 5,000, island life is as tranquil as the surrounding waters. Swaths of white sand form breeding grounds for turtles, and further inland the landscape is alive with a multitude of birdsong and the chatter of monkeys.

The Six Senses Con Dao resort is around 230 km, or 145 miles, from Ho Chi Minh City, a mere 45-minutes by regular flights. The site of the resort lies 8 km from Con Son airport and is nestled into a remote cove near the Con Dao National Park.

Six Senses Con Dao is set within one of the most beautiful locations on Con Dao Island. The beach, a one and half kilometer strip of white sand with sloping dunes abreast turquoise waters, is enclosed in a secluded bay with Elephant Head Mountain as a backdrop. This particular site on Con Dao was chosen by Six Senses for its unspoilt beauty and ecological uniqueness.

The development


The Six Senses synergy of simple design and luxuriously spacious accommodation, uncompromising quality and service, and environmental sensitivity is presented in Six Senses Private Residences. These extraordinary villas are located in some of the most breathtaking corners of the world. Built with materials from sustainable sources, they tread lightly on the earth by applying construction techniques that are adapted to preserve the integrity of the environment and local communities that surround them. Far from lessening the luxury, the unique approach enhances the natural experience. Luxury living as nature intended….. we call it living the Six Senses Private Residences lifestyle.

Six Senses Con Dao consists of 35 hotel villas and 15 luxury residential villas. Unit styles range from single-level villas to duplexes, in configurations of one, three, four and five bedroom accommodations, many with indoor-outdoor showers. The ultra-contemporary architectural concept for the property enhances the natural beauty of the site by having the design, layout, scale and texture of the villas fit within the existing environment.

Catering for every taste

We pride ourselves not only on the quality of food and service but also on the environment in which the dining experience takes place. At Six Senses Con Dao, we believe that dining should be an important part of the whole experience. Above all, the settings will be as exceptional as the cuisine itself, be it a romantic and secluded meal for two or a dinner party with a personalized menu at one of the resort’s restaurants; a memorable and exclusive fine dining experience overlooking the mangroves or an intimate moonlit dinner on a private beach; or a private cooking class with a master chef or a gastronomic meal prepared for you in your private villa’s “slow” kitchen.

All our chefs prepare delicious, healthy, balanced dishes using the freshest produce grown in the resort’s own organic fruit and vegetable gardens.

Six Senses spa


The multi-award winning Six Senses Spas brand offers personalized sensory spa journeys, wellness activities, detox and lifestyle programs to enhance the well-being of all ages, either at our beautiful spa or in the privacy of your own villa.


Six Senses Spas adapt seamlessly to host cultures, taking inspiration from the local community, and treatment areas are specifically designed and conceived to rejuvenate and revitalize the mind and body – making each visit to a Six Senses Spa a memorable and enlightening experience. Six Senses Spa therapists take guests on exhilarating sensory journeys, with their special skills and personal care through many forms of holistic healing and sense of well being, delivering each treatment with serene and reassuring professionalism, using products made only from natural ingredients.

A host of activities


Six Senses Con Dao and Private Residences enjoy a private and secluded setting with a host of amenities and activities on hand to entertain all ages and satisfy the most discerning of tastes. From water sports and beach activities to nature hikes and turtle watching, Con Dao Island has something special for everyone. Feature activities include:

  • A wide selection of water sports including catamaran sailing, kayaking, water-skiing and snorkeling.
  • A fleet of motorized water crafts for excursions to other islands, local sites and fishing trips.
  • Diving excursions taught and lead by certified dive masters to see coral reefs and underwater life.
  • Seasonal observation of turtles nesting on the beach at Hon Bay Canh and witnessing the baby tortoises hatch and return to sea.
  • Swimming and exploring the secluded beaches of Bai Dat Doc and Dam Trau.
  • Hiking and trekking through the mangroves and mystical forests, exploring Con Dao’s diverse flora and fauna, including indigenous species of monkeys and black squirrels.
  • Witnessing dawn break as the sun rises over Hon Bay Canh and then watching the sunset over “Love” Mountain.
  • Visiting historical monuments throughout Con Dao dating back to the French colonial era and further to the days when the East India Company and Portuguese merchants frequented the island.
  • Immersing yourself in the local culture, meeting the local people and experiencing the simple life provided on Con Dao.


Ecologically Sustainable luxury

Uncompromising in the pursuit of perfection, Six Senses is acknowledged as a leading global pioneer in cutting-edge eco-concept luxury resorts, where sumptuous comfort and incomparable service are uniquely blended with care for the environment. Six Senses Con Dao is set on the best location on Con Dao Island, enhancing the lush tropical environment and creating breathtaking views. The design and operation of the resort takes a sustainable approach to luxury, reflecting the brand philosophy of the Six Senses management company and Indochina Land’s commitment to architectural excellence.


Committed to minimizing the resort’s impact on the environment, the property is designed and constructed to meet Green Globe 21 certification standards. With a focused commitment to the environment, the villas have a low environmental impact, maximizing natural light and ventilation, and are situated within the natural slope of the dunes to provide continuous breathtaking views of the sea.

Each villa is constructing using an intricate pattern of timber frames, made from Indochinese hardwood sourced from sustainably managed forests, and granite found locally on Con Dao Island.

The private residences


All villas are spacious and range from 3 bedrooms with 542 sqm (5,826 sqf) to 4 bedrooms with 671 sqm (7,213 sqf) of gross floor area on average plots of 2,000 sqm (21,500 sqf). The Hill Retreat Villa will have 5 bedrooms, 2 swimming pools, an entertainment room and wine cellars, all in a total space of 790 sqm (8,493 sqf). Each villa in the resort boasts unobstructed views and designed with sleeping quarters and living rooms in separate pavilions.

3 Bedroom beachfront villas
Total area 542 sq.m.

  • Master bedroom, walk through dressing area and bathroom with double vanity, indoor shower, steam room, double-sized bath and open air shower.
  • 2 further en-suite bedrooms with indoor showers, and personalized deck areas with seating arrangements.
  • Large open living and dining room and bathroom.
  • Deck with open plan sitting area and open shower area, leading onto a lower pool side area with additional relaxation areas.
  • Various large terraced areas with sun loungers.
  • Signature half-moon infinity edged pool from 70 sq.m to 100 sq.m in terrazzo dolo bianco finish.
  • Full amenities and functional open custom made kitchen with pantry.
  • IDD telephone and espresso machine.
  • Wi-Fi and LAN connection, satellite TV, DVD player, Bose Hi-Fi system with docking station for a personal iPod.
  • Voltage: 220-240V, premium fixtures and fittings throughout.
  • Foundations are made of steal/concrete; roofing, interior and exterior finishing are made from hard woods of local sustainable sources.

4 Bedroom oceanview villas
Total area 671 sq.m

  • Master bedroom, walk through dressing area and bathroom with double vanity, indoor shower, steam room, double-sized bath and open air shower.
  • 2 further en-suite bedrooms with indoor showers, and personalized deck areas with seating arrangements.
  • Large open living and dining room and bathroom.
  • Deck with open plan sitting area and open shower area, leading onto a lower pool side area with additional relaxation areas.
  • Various large terraced areas with sun loungers.
  • Signature half-moon infinity edged pool from 70 sq.m to 100 sq.m length in terrazzo dolo bianco finish.
  • Full amenities and functional open custom made kitchen with pantry.
  • IDD telephone and espresso machine.
  • Wi-Fi and LAN connection, satellite TV, DVD player, Bose Hi-Fi system with docking station for a personal iPod.
  • Voltage: 220-240V, premium fixtures and fittings throughout.
  • Foundations are made of steal/concrete; roofing, interior and exterior finishing are made from hard woods of local sustainable sources.

Villa owner benefits


Villa owners at Six Senses Con Dao will receive a host of valuable benefits, including:

  • Optional villa rental program.
  • 20% off of all Six Senses Hideaway Con Dao resort services including F&B and spa services during their stay at the resort.

Services


Six Senses Con Dao and Private Residences enjoy a private and secluded setting with a host of amenities and activities on hand to entertain all ages and satisfy the most discerning of tastes. From water sports and beach activities to nature hikes and turtle watching, Con Dao Island has something special for everyone.

General & Resort related services

  • General administration and management of Private Residences at Six Senses Con Dao.
  • Maintenance of the exterior of private villas, including roofing, patios and pools.
  • Maintenance of all common areas.
  • Residential villa landscaping and maintenance
  • Residential area pest control.
  • Internet access.
  • Cable Television Service.
  • Provision of water supply.
  • Insurance for all common areas.
  • 24 hour security.
  • Life and fire safety systems.
  • Access to resort common areas and grounds
  • Butler services.
  • Bell services.
  • Transport within Private Residences and resort areas.
  • Resort fitness centre and tennis court access.
  • Bespoke Services

Villa owners benefit from all other resort services at a 20% discount off normal rates. Services include:

  • Dinning at Six Senses Con Dao resort.
  • Spa services.
  • Housekeeping services.
  • Laundry services.
  • In-villa dinning and private chef services.
  • In-villa wine tasting sessions.

Rental progamme



The Resort Management Agreement will cover all aspects of the villa rentals. The Resort Management Company will be responsible for renting the villas to hotel guests and will make sure the villa is available to the Villa Investors, depending on what program the Villa Investors chooses. Income from the villa rentals will be collected by Six Senses. Expenses, such as maintenance and management fees will be applied to each individual villa’s account. The surplus will be remitted as profit of Con Dao Residences and then distributed to each V shareholder once a year.

Your villa is yours to enjoy, our rental program is tailored to your desires. As an owner you may use your villa as little or as much as you like. When you are not in residence you may elect to place your villa in the rental program. Upon enrolment, we will ask you to provide us with a schedule of when you’d like your villa to be included in our inventory over the next calendar year. If you change your mind, you may terminate with six months prior written notice, and your agreement to honor any previously made bookings.

The developers

Indochina Land: is the real estate division of Indochina Capital, a leading investment firm whose principals have a 18 year track-record in Vietnam. Indochina Land currently manages three real estate funds with over US$460 million of committed capital, which translates into approximately US$2 billion of projects built or under development covering the full range of property types from multi-family residential and mixed-use commercial developments to hotels and resorts and golf course facilities in Vietnam. In late September 2009, London-based Euromoney magazine announced the winners of its annual Real Estate Poll, recognizing Indochina Land as the “Best Developer in Vietnam”.

Six Senses: is a Resort and Spa Management and Development Company established in 1995, which has developed and operate unique properties in the Maldives, Oman, Thailand, Vietnam and Spain under the brand names Soneva, Six Senses Hideaway, Six Senses Latitude and Evason, plus Six Senses Spas and Six Senses Destination Spas.

The Six Senses team has positioned Six Senses Private Residences at Soneva Kiri to incorporate the same brand values and personal service promised in the Six Senses Core Purpose: To create innovative and enlightening experiences that rejuvenate our guests’ love of slow life (Sustainable – Local – Organice – Wholesome learning – Inspiring – Fun – Experiences).

For further information, please contact:

Con Dao Hideway Residences Ltd.
Office: Capital Place, 10/F. 6 Thai Van Lung Street, District 1, HCMC
Tel: 84.8.3910 4855 – Fax: 84.8.3910 4860
E: info@condaoresidence.com

Mulberry Lane – Update for August 2010

27 Sep
VNRELocated at Co Ngua, Mo Lao new urban area, Ha Dong, Hanoi, Vietnam; Mulberry Lane which is invested by a joint venture between Singapore’s CapitaLand and a local property firm Hoang Thanh Co, Ltd., will aim at the high-end of the investment market and consists of 1,100 apartments across five high-rise building.

Mulberry Lane-Weaving your life










First urban railway route in Hanoi under construction

25 Sep
VNREA ground-breaking ceremony was held in Tu Liem district on September 25 for the first bidding package of the urban railway line from Nhon to Hanoi in the presence of Prime Minister Nguyen Tan Dung, representatives from the French embassy, and those from relevant ministries and departments.

Addressing the ceremony, PM Dung expressed sincere thanks to the French government for its funding and technological assistance. He said Hanoi’s transport system is now overloaded and can’t meet the urgent demands for social-economic development and this project is very important to the expansion of the capital city.

The Nhon-Hanoi railway line is 12.5km long, including 4km underground. The project has a total capitalisation of EUR783 million, sourced from loans granted by the French government, the European Investment Bank, the Asian Development Bank and from Vietnam’s corresponding capital.



There will be 12 stations along the line which is designed for a maximum speed of 80 km per hour and capable of serving over 900 passengers at the same time.

The stations will be connected to bus stops and other urban railway lines and it will be very convenient for passengers to travel the whole length of the line in about 20 minutes.

Source: VOV News