HCMC – The Vietnam-based Nguyen Alliance Corporation, or NAC Real Estate, announced on Thursday that it had been appointed as exclusive selling agent in Vietnam for a property project in the U.S. named Saigon Villas.
The company on Thursday began to sell products of the project invested by the U.S. Bridge Creek Group, Inc for investors in Vietnam including overseas Vietnamese and foreigners who are working and living in Vietnam.
John Nhat Nguyen, managing director of NAC Real Estate, told reporters in HCMC that the project had 150 apartments covering 65 to 110 square meters each. The condo whose construction was finished last quarter is conveniently located in the heart of Little Saigon in the city of Westminster, California.
The Saigon Villas offers a convenient setting, secured residential environment, elegant architectural design, quality materials and workmanship – all to enhance a resident’s exclusive active living experience and long-term property value, he said.
John said that housing in the U.S. had tumbled 70% in prices, which is a good opportunity for Vietnamese investors to own a low-priced house in the U.S. At Saigon Village project, it costs only US$250,000-400,000 a unit, down some 50% compared with before.
“Procedures and regulations of buying houses and overseas remittance in Vietnam are still obstacles, especially to the U.S. So, our main targets are people whose children are studying in the U.S., immigrants or investors who are to set up a company overseas,” he noted.
NAC Real Estate, which has offices and branches in Hanoi, HCMC, Danang, Canada and the U.S., is the local property consultant and management firm. It has served as exclusive marketing and selling agent for some projects in Vietnam including a project invested by Malaysia’s Berjaya.
No comments:
Post a Comment