FLC Group has introduced its first property project in the central coast city of Danang called FLC Eco Charm, which is a model urban area project following numerous housing projects by the group in Hanoi, Thanh Hoa and Binh Dinh.
In Saigon East, Thanh My Loi emerged as a 'hotspot' to attract real estate businesses from beginning of 2018 thanks to the information that the bridge connecting Mai Chi Tho avenue to Diamond Island is expected to open in May; My Thuy intersection will be opened on April 30 and Cat Lai bridge connecting District 2 to Nhon Trach.
Khang Dien House Trading and Investment Joint Stock Company was honored as 'Typical Property Developer in 2017' last weekend in HCM City by Investment Bridge Magazine. Khang Dien has successfully developed many well-known house, villa and apartment projects such as Melosa Garden project, Lucasta, Feliza eco-villas and especially The Venica project - a luxurious and exclusive oasis with 43 five-star villas.
Project investor of Detech Tower II has recently inaugurated the topping-out ceremony of the project at 107 Nguyen Phong Sac, Cau Giay District, Hanoi. Detech Tower II is a 17-floor office tower, attached with one commercial floor and four basement floors, spanning 6,500 square meters. After 13 months of construction, the projects has its rough structure completed 100pct and expects to be finished and hand over products to customers in Q4-2018.
The whole share volume owned by Poso E&C Co. (South Korea), equivalent to 50 per cent of the total shares at Splendora in Hanoi, has been transferred to Phu Long Real Estate JSC of billionaire Nguyen Thi Phuong Thao. Phu Long, which is under Sovico Holdings Company, is a big real estate company in Ho Chi Minh City. It has carried out major projects like Dragon City (33 hectares), Dragon Riverside City (3.1ha), Dragon Village (21.6ha), and developed HDBank Tower and Sovico Phu Quoc. Before acquiring 50 per cent of Splendora’s shares from Posco E&C, at the end of 2017, Phu Long raised its charter capital from VND700 billion ($30.85 million) to VND3 trillion ($132.2 million).