EcoXuan, the biggest ecological urban area in Binh Duong's Thuan An town, handed over to buyers 100 per cent of the town's houses it built in the first phase.—VNS Photo

BINH DUONG (Biz Hub) – EcoXuan, the biggest ecological urban area in Binh Duong's Thuan An town, handed over to buyers 100 per cent of the town's houses it built in the first phase.

Despite the difficult situation in the property market, the handover was done a month earlier than promised, said Leong Swee Chow, director of Setia Lai Thieu Ltd, the main investor and a subsidiary of Malaysia's leading property developer S P Setia.

But the company refused to disclose the number of units, pleading "business secret."

The three-phase project, to cost around US$177 million, will also contain villas, luxury apartments, and serviced residences when completed in mid-2014.

Local authorities have said such new urban areas play an important role in the town's development by attracting highly skilled residents.—VNS