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Blooming Tower Danang introduces condo models

Korea Investment and Development Co. Ltd. has introduced the apartment model of the Blooming Tower Danang project with Savills Vietnam named as exclusive distributor of the luxury condos.
Blooming Tower Danang has two 37-floor towers with nearly 700 luxury flats, a commercial section, a swimming pool, a spa, a fitness center, a miniature golf course, a restaurant and a conference room. The condos, whose areas range from 50 to over 200 square meters each, offer various choices for customers, said Shin Yong Kyu, director of the Korean enterprise.

Conveniently located in Danang City, the buildings are near the Thuan Phuoc suspension bridge over the Han River and overlook Son Tra Peninsula, Danang Bay, Hai Van Mountain Pass and Ba Na tourist site. The condos are priced at US$1,300 per square meter for early buyers, and US$1,500 after the foundation is completed.

Target homebuyers are overseas Vietnamese, businesspeople and investors in HCMC and Hanoi, Shin Yong Kyu said. Customers have registered to buy 30% of the project so far.

Saigon Center recognized as best mixed-use property

Saigon Center building in downtown HCMC was honored as the best mixed-use development in Vietnam at the CNBC Asia Pacific Property Awards 2009, a prestigious competition dedicated to recognizing the best real estate professionals across the globe.
Singapore-based real estate company Keppel Land Limited boasted in a statement sent to the Daily last week that the property project had won five-star status, qualifying it for the International Property Awards to be held in November.

The foreign property developer said with the award it would continue to add benchmarks to its quality portfolio here in Vietnam and across Asia.

Ang Wee Gee, Keppel Land executive director and CEO of international operations, said the building had grown to become a landmark in the city, and it continued to reinvent itself to cater to the demands of multi-national tenants.
Facing Le Loi Blvd in District 1, Saigon Center sits on two-hectares. The project completed phase one in 1996.

The building comprises 11 levels of office space, three floors of retail space, 89 serviced apartments and other facilities.

MooYoung A&E inks designing deal for eco-township project

Korea’s MooYoung Architecture and Engineering Co. clinched a deal with Trung Nam Group on Friday to be the design contractor for the eco-township project of Quan Nam-Thuy Tu in Danang City.
The new township project covering over 3,400 hectares in Lien Chieu District will include commercial-service centers, villas, luxury apartments, a hotel, an international university, a hospital and sports and entertainment facilities.

The project worth over US$1.6 billion will be divided into two phases. The first stage worth US$154 million will set up the infrastructure for four eco-urban subprojects, a central township project, sports and entertainment facilities and a park in 2009-2011. The second stage worth about US$1.5 billion will focus on the construction of the remaining subprojects.

The Korean designer is also taking part in the Meridian Tower project owned by Viendong Land and the Danang City Hall.

Source: The Saigon Times

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