Novaland Group, one of Vietnam’s leading real estate developers has announced that three companies, MGLand, MLand and TatiLand will be the official sales distributors of The Grand Manhattan, a new apartment project that is being developed by Novaland in Ho Chi Minh City’s downtown area.
The Grand Manhattan will be built on 1.4 acres of prime land in the district 1 area of HCMC, next to September 23 Park and close to the five-star hotels in the heart of the city. The project is slated to have 1,000 condominium units with a construction density that is under 50%. Amenities will include two swimming pools, a children’s playground, a BBQ area for residents and their guests, and entertainment spaces.
Novaland is the developer of the project with the investor being the Dat Viet Development Joint Stock Company. Novaland has developed more than 40 projects Vietnam and projects include condos, houses, villas and offices, in both urban areas and resorts.
The three companies that will be selling The Grand Manhattan, MGLand, MLand and TatiLand are companies that are well known for effectively selling real estate products across Vietnam. Currently HCMC’s district 1 is considered to be at almost 100% saturation for new developments. Sales for The Grand Manhattan are expected to begin the last quarter of 2018 and come at a time of strong demand and limited supply and the project is expected to be sold out in quick order.
Photos at: https://nhacaocap.vn/the-grand-manhattan/