The model of a corner of Little Vietnam. Photo Syrena Viet Nam

HA NOI (Biz Hub) — Townhouses of Little Vietnam, one of Syrena Vietnam's high-profile projects at the Halong Marina Urban Area in northern Quang Ninh Province, will be released for sale on November 28.

The sale, to be held here and in Quang Ninh Province, comes after two successful releases in September and October. Savills Viet Nam will be the project distributor.

Based on the idea of replicating the unique beauty of Viet Nam, Little Vietnam has attracted numerous buyers, with all units in two previous releases sold out.

The Urban Infrastructure Development Corporation began construction last July. The project's foundation has been completed and work is now ongoing at the second floor.

The project is scheduled for completion in May 2015 and will be fully operational by September 2015.

In its first phase, Little Vietnam will have 109 three-and-a-half storey houses, including 80 units in Ha Noi Old Quarter architecture called Little Ha Noi, and 29 units in Hoi An Ancient Town architecture called Little Hoi An. The first floor will serve for business purposes and the other floors will be residential areas.

Work is now ongoing at the second floor of townhouses of Little Vietnam. Photo Syrena Viet Nam. — VNS Photos

Made to blend in harmony with modern designs, Little Vietnam is expected to integrate living values and investment opportunities and become a developed trade community and an attractive destination for tourists while contributing towards honouring and preserving Vietnamese culture.

Located in the Halong Marina Urban Area, Little Vietnam will also benefit from the area's synchronous infrastructure and facilities.

Matthew Powell, Savills Ha Noi director, said Little Vietnam was appealing to investors because of its promising profits.

Syrena Viet Nam, the project investor, also pledged that at least 85 per cent of stores in Little Vietnam will be operational by September next year, with CBRE acting as a management consultancy agency.

The project investor, said the infrastructure development would bring about property market development and provide opportunities for investors in northern Quang Ninh Province, which has high tourism potential and highways connecting Ha Noi and Hai Phong. — VNS