The Sun Avenue, developed by Novaland, is expected to be popular with many major investors as it is the first office-tel project on Mai Chi Tho Road in Thu Thiem. — VNS Photo

Ngan Duong

Thanks to its low investment cost and high returns of 8-12 per cent, office-tel remains the most popular segment in the real estate market in the last quarter of 2015.

Of the 10 projects with office-tel units being developed by Novaland Joint Stock Company (Novaland), The Sun Avenue is the hottest.

Demand for it has kept increasing thanks to a unique instalment offer that requires buyers to pay just VND22 million (US$1,000) a month.

Office-tel: office with no limited working time

Office-tel is a modern apartment model that has both residential and working space and enables owners to save money and time since they do not have to commute from home to office. Besides, without any restrictions on working hours, they can serve their clients and contact partners in any time zone at any hour.

The Sun Avenue, rare product in Thu Thiem New Urban Area

When the Trans-Pacific Partnership comes into effect, experts predict, Viet Nam will become an ideal destination for industrial groups, major companies as well as giant retailers, leading to high demand for office space.

Thanks to its superb facilities and preferential treatment, the Thu Thiem New Urban Area in District 2 will be the most attractive place for ones who come to HCM City to study the market or to start businesses.

The Sun Avenue, developed by Novaland, is expected to be popular with many major investors as it is the first office-tel project on Mai Chi Tho Road in Thu Thiem.

A model of office-tel. — VNS Photo

Investors and experts all predict that with the demand for office space set to boom in three to five years, office-tel units in The Sun Avenue will fetches returns of 8-12 per cent a year.

Special instalment makes investors happy

Novaland said many buyers have paid money to buy units in The Sun Avenue not only because of its good location and attractive returns but also the unique instalment scheme offered by the developer.

Instead of paying several large instalments, buyers can pay just VND22 million ($1,000) a month until December 2017.

To extend this special offer, Novaland has tied up with VPBank to offer buyers a low interest rate of 7.99 per cent for two years or 6.99 per cent for the first year.

The Sun Avenue – international standard office-tel

Unlike in the past, when people looking for an office bothered only about location, now they look for quality office space with modern facilities where they can work and also rest.

Locating on a 500m stretch of Mai Chi Tho Road, the city's most modern area, The Sun Avenue is the best address to open an office. It is also the best place to buy to ensure the property appreciates in value.

Each block in The Sun Avenue will have three stories earmarked for office-tel units. They will all have private gates and elevators; in the basement will be assistance desks and company name boards; each office-tel apartment will have full facilities including a telecom system.

Office-tel owners and staffs at The Sun Avenue can enjoy the common public facilities like gym, swimming pool, entertainment areas.

In addition, security is totally guaranteed with modern systems and professional security agencies.