VinaProjects wins new residential project in Ho Chi Minh City

VNRE – VinaProjects has secured another third party client, Tran Thai Investment Corporation, for the 22 storey Louis Tower project on Nguyen Huu Tho Street, District 7, HCMC.

The Louis Tower project is a part of 13.6 hectares Phuoc Kien residential project and includes 321 well equipped and modern apartments. The project has strategic location next to Phu My Hung Township and convinient access to district 1, 4, 8, Binh Chanh as well as the Mekong Delta provinces.

VinParojects will provide full Project and Construction Management services including front end Technical Design Services and Tender Management for the project. The project duration is 28 months starting from August 2011.

Even in a very tough current market, winning this project is a reflection upon the excellent work VinaProjects has done in the field and further confirm VinaProjects’ growing reputation of quality and services.

Source: VinaProjects

VinaCapital appoints Cushman & Wakefield to sell Metroplex office building

VNRE – International property consultant, Cushman & Wakefield have been formally instructed by Vina Capital Real Estate, Vietnam’s largest real estate developer to sell Metroplex a new Grade A LEED certified office building totaling 14,000 NET sqm over 9 floors, strategically located in the heart of Phu My Hung’s CBD.

The development site of regular shape is located off Nguyen Luong Bang Boulevard, one of the main arterial road links through Phu My Hung. Vina Capital is seeking a buyer for the whole building, but will also consider selling individual floors. Construction will complete within 18 months of the building’s pre sale, or alternatively when 40% of all floors the have been sold.

Metroplex will consist of 9 floors, offering flexible and efficient floor plate’s of up to 1,400 sqm which will appeal to a wide variety of occupiers. The building will be constructed to LEED (Silver) certification representing new standards in environmental and efficient design never seen before in Vietnam.

Robert Johnston, Associate Director of Cushman & Wakefield says “in recent years there has been a significant increase in office occupiers relocating from the District 1 & 3 to Phu My Hung to benefit from lower occupancy costs, reduced traffic congestion and the wealth of amenities which Phu My Hung has to offer. Key examples of this trend include Unilever and Manulife who have relocated their headquarters to Phu My Hung during the last 3 years”.

Matthew Koziora Director of Sales and Marketing at Vina Capital say’s “Metroplex will offer new standards of quality in the Phu My Hung office market. In addition to the opportunity for potential investors to buy the building, Metroplex offers occupiers the chance to own their office, which is common in major cities across the region, but relatively uncommon in Vietnam’.

The site is located within a stone’s throw from key landmarks including the Parkson Department store, Saigon Exhibition and Convention Center and the Crescent Mall.

For further information, please contact:

Robert Johnston | Cushman & Wakefield Vietnam
M: 097 385 6111
Email: robert.johnston@ap.cushwake.com

VinaCapital signs agreement with Parkson Vietnam at World Trade Centre Danang

VNRE – VinaCapital, the leading asset management and real estate development firm focused on Vietnam, announces today the signing of an agreement with Parkson Vietnam Co Ltd to rent and operate the retail mall under development at the World Trade Centre Danang, a nine-hectare mixed-used development in downtown Danang, central Vietnam.

Parkson, Vietnam’s top department store operator, will occupy a total of almost 20,000sq.m over four levels. Immediately adjoining the department store will be a 30,000sq.m, three-level shopping mall which will front the Han River.

VinaCapital managing director of real estate, Mr David Henry, said: “We are very happy to sign with Parkson, Vietnam’s largest and most successful department store operator, as it represents a crucial milestone in the development of the World Trade Centre Danang as a whole. This truly unique development will not only be the largest modern retail facility in central Vietnam, but the first-ever across Vietnam to combine a traditional shopping mall with a multi-floor department store.”

Concept planning has already started, with a delivery date planned for the second quarter of 2013.

“We are also in the final stages of negotiation with a major international hypermart operator that will occupy the first floor of the shopping mall adjoining the Parkson centre, as well as notable cinema and entertainment operators. Together, they will create one of the top lifestyle and destination shopping spots in Vietnam” David said.

The complex adjoins Azura, a 32-storey luxury apartment development which launched sales in early 2010 under the VinaLiving brand. To date, over 30 percent of the project has sold and, as one of only a few Danang projects still under construction, remains on schedule for completion by the second quarter of 2012.

“The VinaLiving brand promise is quality and value without compromise. By offering our clients a modern retail centre literally at their doorstep, we are setting a new standard for an integrated lifestyle destination with shopping, dining and recreation opportunities that will rival those in other major Asian cities,” David said.

Source: VinaCapital

VinaCapital invests 65 million USD in Ba Thien 2 Industrial Park

VNRE – VinaCapital Group and Vietnam Infrastructure Limited (VNI), the first publicly traded fund to focus on infrastructure assets in Vietnam, on May 31 kick off the Ba Thien 2 Industrial Park project with the total investment of 65 million USD.

Located in Binh Xuyen district, Vinh Phuc province (50km from Hanoi), the 308 – hectare Ba Thien 2 project is owned by Vina-CPK Company Ltd, a joint venture between VNI and CPK Vinh Phuc JSC.

VNI holds a majority stake in Vina-CPK Company Ltd, which was granted an investment license in February 2009 for the Ba Thien 2 project. The Phase 1 comprises 65 hectare was handed over to Vina-CPK in January this year. Compensation of an additional 50 hectare is in progress and is expected to complete in June 2011.

According to Mr Hoang Thieu Son, Vina-CPK General Director, the Ba Thien 2 project will stand as a green, clean and environmentally friendly model for the development of industrial park in the North of country. The project is strategically located and will benefit from the continued arrival of multinational companies in Vietnam, including those migrating from plants in China to take advantage of Vietnam’s lower costs.

“This project is expected to complete within 3 years. Investors hope to create around 30,000 jobs for local and neighboring provinces people, who will enjoy the a 12- hectare housing area inside the park”, Mr Thieu Son added.

The Ba Thien 2 Industrial Park welcomes both domestic and international investors who specialized in the light industrial, high technology and electronic equipment installation/manufacturing.

On the same day, Vina-CPK has signed the first leasing contract with Viglacera Thang Long company for a 20 – hectare parcel.

Source: CPV & ATP

Norman Estates at Danang Beach Resort

VNRE – Norman Estates at Danang Beach Resort is an exclusive, gated “Community within a Community” that offers a sophisticated lifestyle environment with meticulous attention to detail and care for design.

These beautiful contemporary residences feature special touches such as floor-to-ceiling opening glass terrace doors, outdoor salas and living areas, plunge pools, generous terraces and balconies with an emphasis on entertaining and seamless indoor/outdoor living. Residents have access to the golf clubhouse, Rocksalt, the resort’s walking and bike trails and also enjoy exclusive rights to use the Norman Estates private recreation club facilities including a swimming pool.

Designed by internationally acclaimed architects AW2, Norman Estates joins Greg Norman’s international collection of residences in the United States, Middle East and Australia and is the first of its kind to be built in Asia.

Location

Nestled within Danang Beach Resort, the largest and most highly regarded property development in Central Vietnam, Norman Estates is just 20 minutes away from Danang’s CBD by car and within equally close proximity to the ancient town of Hoi An. Its prime location between the ocean and the spectacular Greg Norman-designed golf course makes Norman Estates one of the most sought after neighbourhoods in all of Vietnam.

Villas

Norman Estates features 33 contemporary villas, most of which feature breathtaking views of the ocean, the golf course or a beautiful water feature.

Discerning buyers have the opportunity to select from 4 thoughtfully designed floor plans that integrate the best of local culture with the latest architecture, technology and lifestyle features.

Amenities

Private recreation club

Norman Estates residents enjoy the exclusive use of a private owner’s-only recreation club, located within an easy walk of all Norman Estates villas in the centre of the community. The main building features a wet kitchen, office and reception area, library and games room, media room, and lockers and change rooms. Outside, a swimming pool oasis (including children’s pool), outdoor BBQ and serving pavilion are beautifully framed by lush tropical landscaping. This unique amenity can only be accessed by Norman Estates owners and their invited guests and is the ideal venue for entertaining VIP’s or simply relaxing with family and friends.

The RockSalt

The RockSalt, part of Danang Beach Resort, is an all new first-class facility for entertainment and leisure. Whether you are looking for a relaxing spa, working out in the state-of-the-art fitness center, lounging poolside, playing an invigorating game of tennis or BBQ-ing with your friends and family, the Club covers it all. Set to be the ultimate destination in the area for food, drinks and evening entertainment, the RockSalt is a place to meet your friends and family and enjoy fantastic resort-style amenities and services.

Danang Golf Club

Danang Golf Club offers members and guests a world-class golf course featuring natural hazards and some of Asia’s most spectacular ocean views.

Recently voted one of the world’s top 10 new golf courses, The Dunes Course, designed by golfing legend Greg Norman, offers 18 challenging holes alongside a pristine beachfront, with stunning panoramic views of The Cham Islands and Marble Mountains. The Dunes Course is now fully operational and welcoming true golf enthusiasts.

For further information, please contact:

VinaLiving
Add: 17th Foor, Sun Wah Tower, 115 Nguyen Hue, District 1, HCMC
Tel: 84.8.3821 9930 – Fax: 84.8.3821 9932
Savills Hotline: 0947 906 999 – Email: salesdanang@vinacapital.com

VinaLiving Danang Beach Resort project wins Bloomberg Property Awards

VNRE – VinaLiving, Vietnam’s leading real estate brand, today announces that its Ocean Villas luxury residential villas project, a component of the 260-hectare Danang Beach Resort, was awarded two prizes as part of the 2011 Asia Pacific Property Awards in association with Bloomberg Television.

The Bloomberg-sponsored awards are among the world’s most prestigious real estate industry accolades. The Ocean Villas won in two categories: ‘Best Golf Development’ and ‘Best Project Marketing.’

The Ocean Villas is an enclave of 115 free-standing homes on a 21-hectare parcel of beachfront land near Danang, Vietnam. The homes are on lots that average 700 square metres, each with a private swimming pool. The Ocean Villas are part of the 260-hectare Danang Beach Resort, which features the 18-hole Dunes Golf Course, designed by golf legend Greg Norman.

The ‘Best Marketing’ award reflects the launch of the VinaLiving residential brand, Vietnam’s first lifestyle and tailored living brand. The Ocean Villas was the first VinaLiving project to reach the market, with very rapid acceptance and take-up from 100-percent domestic Vietnamese buyers.

The ‘Best Golf Development’ award recognised the Ocean Villas unique aspects as an integrated beachfront/golf course development. The master planning accentuates this integration, in both form and function. All the Ocean Villas homes have ocean and/or golf course views, and are connected by waterways that wind through the community, and the fairways of the golf course. The built environment follows the form and context of the natural surroundings, and there is easy access by foot or vehicle to the other components of the resort.

The presentation of 2011 Asia Pacific Property Awards will be held in Shanghai on 30-31 May 2011 at The Longemont Hotel in Shanghai. The presentation dinner is part of a two-day Property Summit event that will be attended by hundreds of leading property professionals from across Asia Pacific.

A record number of 21 different countries took part in the 2011 Asia Pacific Property Awards. These awards are part of the International Property Awards which was established 17 years ago and cover residential as well as commercial categories. Later this year, top scoring winners from the Asia Pacific Property Awards will compete against other winning companies from Europe, Africa, the Americas and Arabia to find the World’s best in each category.

VinaCapital’s Managing Director of Real Estate Mr. David Henry comments: “These awards demonstrate our commitment to developing products that stand at the forefront of the property industry in Vietnam. The Ocean Villas and the Danang Beach Resort more broadly, are landmark projects in a rapidly developing market. We believe our approach of offering Vietnamese buyers an international-standard product at a competitive price, less than one master brand, will further raise VinaCapital above its competitors in the coming years.”

Sales of the Ocean Villas residences are almost complete, with ongoing sales at the Danang Beach Resort including two more villa enclaves, Norman Estates and Dunes Residences, and one condominium project, the Cham.

Source: VinaLiving

The Dune Residences – Teeing off right from your doorstep

VNRE – Featuring 15 architecturally designed 3 bedroom villas surrounded by the coastal fairways and water features of The Dunes Course at Danang Beach Resort. The Dune Residences offers a unique living environment to golfers and their families. All villas are built within a pristine natural environment with spectacular views of the rolling fairways and manicured greens. The residence has direct access to The Ocean Villas and all its facilities available to the owners.

Location map

A perfect retreat for your future happiness

This exclusive 15 lot villa compound represent masterpieces of architecture, brought to you by top international design & architecture company PURE. Every detail, from the structure to the interiors and facilities are meticulously considered to provide a perfect retreat for owners.

If you long to enjoy fresh sea breezes and 360 degree views of golfing fairways, lounge around poolside or relax on your terrace, this is the place for you. There will be no need for a landscape painting on your villa’s front wall, because nature has done this for you.

The Floorplan

Enjoy the comforts of a world class resort

Danang Beach Resort is one of the largest and most well regarded integrated resorts in Central Vietnam. Just 20 minutes away from dynamic Danang city, by car, and a short drive from the ancient city of Hoi An.

Featuring the luxurious residencial precinct of Ocean Villas, The Dunes Golf Course (which became fully operational in April 2010) and many other premier facilities, Danang Beach Resort upgrades your standard of living and entertainment to the next level. It is all about experience, relaxation and enjoyment.

Experience the true golfing challenges

The Danang Golf Club presents the first of two world-class golf courses featuring natural hazards, some of Asia’s most spectacular ocean views and a unique experience of ancient culture.

The Dunes Course, designed by the golf legend Greg Norman, offers 18 challenging holes alongside a pristine beachfront, with stunning panoramic views of The Cham Islands and Marble Mountain. The Dunes Course is now fully operational and welcoming true golf enthusiasts.

Delight in your life with exclusive privileges

Discerning purchasers of The Dune Residences villas will enjoy exclusive family golf membership at Danang Golf Club and free access to world class facilities at Danang Beach Resort, including The Beach Club.

Picture a day out with your family at The Beach Club with a wide range of amenities from a fitness center, tennis courts, children’s playground, recreational parklands and much more. Or enjoy an unforgettable golf tournament with your golfing buddies at The Dunes Course.

What are you waiting for?

Please contact us to owning your dream home

VinaCapital Danang Resort Ltd
Add: Son Tra – Dien Ngoc Coastal St. Hoa Hai Ward,
Ngu Hanh Son District, Danang City
Tel: 84.947 906 888.

VinaLiving brings tailored living to Vietnam real estate market

VNRE – VinaLiving is Vietnam’s first lifestyle and tailored-living brand, bringing unique, integrated residential communities to customers across a range of market segments.

From the highest level of luxury report villas set amongst the dunes of the Danang Beach Resort, to affordable, quality townhouses in suburban settings like My Gia Township, VinaLiving is creating the types of community long sought after by Vietnamese families from all walks of life.

VinaLiving projects, developed by VinaCapital, benefit from prime locations and contemporary designs that perfectly balance natural environments with modem amenities. VinaLiving believes it customers want more than a house – they want a lifestyle and a community that reflects their values and aspirations. From young family ‘starter homes’ to fully serviced luxury villas, Vinaliving products are within reach of almost all professional Vietnamese who have the desire to own an international standard home.

VinaLiving has launched developments in Ho Chi Minh City, Nha Trang and Danang that have met with great initial success. The market has already recognized the world-class build quality, innovative designs and superior locations of VinaLiving offerings. VinaLiving is backed by VinaCapital, the leading name among financial services and real estate groups in Vietnam.

VinaLiving projects now available include:

Danang Beach resort – The Ocean Villas, The Cham Condominium, Norman Estates Villas and The Dune Residences.

Danang Beach Resort is Vietnam’s first truly integrated luxury resort development, located on the beach voted one of the six most beautiful beached in the world by Forbes magazine. The Resort incorporates The Ocean Villas, The Cham Condominium, Norman Estates and the Dune Residences, and is equipped with premier facilities that include an 18-hole golf course designed by golf legend Greg Norman and recently rated as 1 of the top 15 new courses in the world by 2010 (Courses and Travel, 2010). Most of the Ocean Villas have sold, with the Cham sales now underway and the Dunes Residences and Norman Estates to launch in early 2011.

Azura Apartments, World Trade Center Danang

Azura is the first residential component of World Trade Center Danang, The project features 225 condominiums, over 32 levels, ranging from one to four bedroom in configuration. Construction is well advanced and sales are underway.

The Garland, Ho Chi Minh City

The Garland is a boutique residential project located in District 9, an emerging business and commercial area of Ho Chi Minh City. The development features 53 detached and semi-detached villas within a gated community. The Garland exemplifies a modern, contemporary lifestyle in the heart of an urban city. The villa sales launched in January 2010 with 4 villas remaining for sale.

Dai Phuoc Lotus towship, Dong Nai Province

Dai Phuoc Lotus is a landmark resort-style urban development project covering 200 hectares on an island in a section of the Saigon River. The island township is strategically located between Ho Chi Minh City and the future Long Thanh International Airport. Offering a luxurious and contemporary lifestyle and surrounded by lush greenery, the development combines the best in ecological planning, creative design and modern living comforts, Phase I comprises 332 semi-detached and detached villas from 2 to 5 bedrooms in configuration, with sales underway and over 35% sold to date; an impressive number given the fact that the project will not be officially launched unit April 2010.

With VinaLiving and its projects, we can believe in a brighter future. VinaLiving will be continuingly building the products that create better lifestyles and living environment for Vietnamese people.

For further information, please contact

VinaLiving
Add: 17th Foor, Sun Wah Tower, 115 Nguyen Hue
District 1, Ho Chi Minh City, Vietnam
Tel: 84.8.3821 9930 – Fax: 84.8.3821 9932

VinaCapital sees strong property demand from Vietnam middle class

VNRE – Vietnam-focused asset manager and real estate group VinaCapital said demand for residential property continued to be strongest from the country’s rising middle class.

In an update, the group said that during the last six months a total of 481 sales contracts and reservations were recorded at projects in Danang, Nha Trang and Ho Chi Minh City, representing total contracts and reservations worth over $58 million.

All VinaCapital-managed residential real estate assets are now marketed under the Vinaliving brand, which the group said was Vietnam’s first tailored living and lifestyle brand.

David Henry, MD of VinaCapital’s real estate division, said, ‘We are very pleased with the performance of our current projects, and are confident that the five Vinaliving projects launched in the second half of 2010 will see continued success in 2011.

‘Demand continues to be strongest in the mid-range market addressing Vietnam’s rising middle class. Vietnam’s GDP growth rate, anticipated at almost 7% in 2010, is due to the strength of the domestic economy, with rising incomes driving the growth of the real estate market.’

The real estate assets are owned by VinaLand Limited and the VinaCapital Vietnam Opportunity Fund, two AIM-traded closed-end funds managed by VinaCapital Investment Management.

Source: StockMarketWire.com

My Gia township – Your dream home at an affordable price

VNRE – Do you have a steady income? Do you want to live and work in peace? From400 million VND, you will be able to own a home with an ideal location in My Gia Township, a new settlement along the river just outside of Nha Trang – the beautiful city of sea and sand known as Vietnam’s Mediterranean destination. This is your opportunity to invest in a home within a city that is currently attracting numerous potential investment projects due to its ideal location in Vietnam.

My Gia is a development by VinaLiving which is a part of the VinaCapital Group. VinaLiving are distinguished developers in Vietnam and are well known for other successful projects such as The Ocean Villas and Azura in Danang and The Garland in District 9, Ho Chi Minh City. With a site area of 181 hectares, My Gia will be one of the largest scale projects developed by VinaLiving.

At My Gia Township you will have the opportunity to experience a peaceful life surrounded by a beautiful natural landscape. With Quan Truong River at the front and backed by mountains, the site creates a stunning Feng Shui location. Under Feng Shui rules and philosophies, this terrain promises to give you wealth of life, success, peace and prosperity. This location was chosen for these very reasons, in order to enhance the value of life for the future residents of My Gia, so that they can live closer to a natural environment.

My Gia Township has a convenient location not far from Nha Trang train station and Maximark supermarket and less than 5km from downtown Nha Trang city and Tran Phu street. In addition to an already excellent location near local amenities, My Gia will also enjoy its own on site services such as the first pediatric hospital in the city in addition to further private hospitals. As well as this, international schools, retail centers and supermarkets amongst others, will be constructed to meet the needs of My Gia residents. In order to create better transport links for residents, the two main streets within the Township, Phong Chau and Vinh Thai street, will undergo investment works in order to upgrade them.

At a reasonable price and allowing you to enjoy a better life within an established community and beautiful landscape, My Gia offers an excellent investment to all, promising an ideal retreat for those that enjoy a spiritual life or who simply want to live amongst nature.

For further information, please contact:

VinaCapital – Nha Trang Office Branch
Add: 7th Floor ACB Tower, 80 Quang Trung Street, Nha Trang
Phone: 84.58.352 3555 – Hotline: 84.94 905 2666.