Hamon Group to anchor mega project in HCM City

Hamon Group to anchor mega project in HCM City

17:29 13 February in Press, Private Equity

British Hong Kong based-Hamon Investment Group and Son Kim Land Corp have signed a joint venture deal to construct a US$100 million luxury residential real estate project to be located in District 2 of HCM City.

The agreement signed on February 12 provides for a high-end project – Gateway Thao Dien – to include a total of 546 condominiums and apartments along with a hotel that will be managed in accordance with international ‘five-star’ standards by Hamon Investment Group.

Units in the project will go on sale later this year and it is expected to be completed in the third quarter of 2017.

In reference to the project, Huge Simon, executive director of Hamon Investment Group highlighted the projects investment potential for homeowners, underscoring his opinion that the Vietnam residential real estate market is on its way to recovery in 2015.

The Voice of Vietnam

February 13th, 2015

http://english.vov.vn/Economy/Harmon-Group-to-anchor-mega-project-in-HCM-City/287912.vov