Office and villa projects half-done

Sacomreal’s office building under construction on Pho Duc Chinh Street in HCMC - Photo: Hong Duyen

HCMC - Two property developers have announced the completion of the first phase of an office building project in HCMC and a villa project in the central coast city of Danang.

VinaLiving, a housing brand of VinaCapital Real Estate, says it has finished phase one of the Ocean Villas at Danang Beach Resort, and handed over the first 30 villas to owners.

The Ocean Villas comprises a beachfront residential component with 115 luxury beach villas as part of VinaCapital’s 260-hectare complex near the newly opened The Dunes Golf Course.

The developer says almost 80% of the phase-one villas were booked by buyers shortly after the two soft launch events held last year – one in Hanoi and one in HCMC.

In another project, Saigon Thuong Tin Real Estate JSC (Sacomreal) and its partner Ganeralimex Company last week held a topping-out ceremony for their  office building on Pho Duc Chinh Street in downtown HCMC.

The VND73 billion project is being developed on a 3,850-square-meter site with 10 floors for offices. It is scheduled for completion late this year.

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