Property developer Novaland has launched its new Victoria Village project in Ho Chi Minh City’s District 2. Victoria Village will be a housing complex with condominiums, houses and villas and construction is expected to be complete in early 2020.
The “Village” will include four apartment blocks of 25 floors each. There will be a total of 900 condominiums of one to three bedroom size that will be designed in European style and the condos will range in size from 52 ~ 95 square meters. Prices for apartments are expected to start at $110,000 USD (2.5 billion VND).
Other parts of the project will include a total of 92 houses and villas. The size of the houses will be from 107 ~ 300 square meters, and the size of the villas will be from 160 ~ 400 square meters.
The Victoria Village project will include a variety of amenities that one would expect in a high-end development including green parks, gymnasiums, jogging paths, play grounds for children and a 5,000 square meter swimming pool.
There are a number of other projects being developed in the area that include commercial buildings, a convention center and other residential products so there will be a variety of restaurants and retail establishments in the area and international hospitals and international schools will be nearby.
The “Thu Thiem – Thanh My Loi” area is expected to be Ho Chi Minh City’s new business, commercial and residential area and is being developed as a “green” area that will enhance the quality of life of people in the district and relieve the congestion of HCMC’s district 1 area. By 2030 the area is expected to have 275,000 people living in it and 50,000 ~ 75,000 people going to the area each day for work.