Weekly News 08.10.2018 – 12.10.2018

Phu My Hung unveils new project

Property developer Phu My Hung Development Corporation launched a new housing project called The Peak in HCM City last week. The Peak will be the last project in the Phu My Hung Midtown complex first launched nearly two years ago. Like other projects in Phu My Hung Midtown including The Grande, The Symphony and The Signature, The Peak has attracted thousands of customers to its launch and showroom introduction events. The two buildings will be on an area of 27,700 sqm and will house hundreds of two- and three-bedroom condos. It will also have many retails options. The show houses are now open at the Phu My Hung City Centre in District 7. The Peak will be next to Sakura Park.

For more details, please kindly visit:

http://bizhub.vn/property/phu-my-hung-unveils-new-project_299590.html

-----------------

Pérolas Villas Resort, a serene jewel of true and refined natural beauty

Boasting broad and clean beaches which are not impacted by annual typhoon season, Hon Lan International Tourism Area is an outstanding tourism development hotspot. The location is now home to almost 30 developmental projects. Among these, Pérolas Villas Resort emerged as one of the most popular choices for both investors and visitors alike. Located in the coastal area of the southern central region, Binh Thuan holds an important geographical position as a gateway for economic, cultural, and social exchanges among the southeast and south central regions, as well as the Central Highlands. The province also acts as a bridge connecting the large tourist-rich cities of Nha Trang, Dalat, Ho Chi Minh City, and Vung Tau. Utilising the twin foundations of natural beauty and infrastructure investment from the government, Binh Thuan has become one of the most attractive destinations for both domestic and international tourists. A range of large-scale projects have been implemented which are expected to transform Binh Thuan into an international-standard tourism destination.

For more details, please kindly visit:

https://www.vir.com.vn/perolas-villas-resort-a-serene-jewel-of-true-and-refined-natural-beauty-62932.html

-----------------

Market expansion strategy of the Swisstouches La Luna Resort’s developer

Safety, transparency, and professionalism are three core values that La Quang Binh, chairman of Marina Hotel JSC, promised to convey to secondary investors in the strategy of developing Swisstouches La Luna Resort and other relaxation properties. Swisstouches La Luna Resort is strategically located in the heart of Nha Trang’s northern development area, along the “gold” routes—Tran Phu and Pham Van Dong, right next to the internationally acclaimed Ana Marina. Beside the important profitability criteria, feng shui is also worthy of consideration in a real estate project. The project lies at the foot of the Tien Mountain facing out towards Nha Trang Bay. Quy Island lies in front of the property, making a perfect "waterfront – upon mountain" constellation promising prosperity, fresh energy, and peace.

For more details, please kindly visit:

https://www.vir.com.vn/market-expansion-strategy-of-the-swisstouches-la-luna-resorts-developer-62908.html

-----------------

Offer family albums to customers who visit Dahlia Homes - Gamuda Gardens

Within the framework of the program “Saving the moment” held in October 2018, the investor Gamuda Land Vietnam cooperates with project business developer Cenland to offer family albums to visitors who visit Dahlia Homes project in Gamuda Gardens. According to the representative of Gamuda Land Vietnam, many customers love daily life in Gamuda Gardens, but has not yet had a chance to experience living space there. Therefore, the program “Saving the moment” provides an opportunity for customers to have a direct experience at the township Gamuda Gardens, especially at the Dahlia Homes project. In addition, the program also saves familial moments for customers, which are often forgotten due to busy urban lifestyle.

For more details, please kindly visit:

http://cafef.vn/tang-album-anh-gia-dinh-khi-tham-quan-du-an-dahlia-homes-gamuda-gardens-20181003131622731.chn

----------------

Mortgaged real estate projects are legal but risky

Experts say mortgaging real estate projects to banks or other credit institutions is a common practice. But the law also requires that before selling the houses or apartments of projects mortgaged by banks, investors must end the mortgage contracts or come to agreements with the banks and customers, However, analysts say that while mortgaging ongoing projects is legal, it may have consequences. The involvement of three parties is not a problem when projects are completed smoothly and legally, but when incidents do occur, customers are the first to lose out. In the cases involving an investor who fails to repay bank debts, projects end up with two owners: banks and customers. In many other instances, customers received their apartments but were unable to get land use certificates because investors had not yet cleared their debts.

For more details, please kindly visit:

http://isentia.net.vn/viewarticles/default.aspx?acc=sTsVXiexhk0=&file=bp%20qLAGmIqrky8mUmOjD5OWQy%20e%208/QgpT0gTM8mLtTOjnLLsiBnQw==&app=n7q0r37qA1I=