Lotus Residences offers townhouses along Ha Long beach

Wednesday, Jun 24, 2015 16:58

Syrena Viet Nam signed cooperation agreement with G5 Property Trading Floor at the debut of Lotus Residences in Ha Noi yesterday. File Photo
HA NOI (Biz Hub) — Following the success story of Little Vietnam last year, Syrena Viet Nam on June 24 introduced Van Lien (Lotus Residences) at Halong Marina Urban Area in Quang Ninh Province.

The commercial and resort project at a prime location offers a valuable and rare opportunity for those seeking to own a townhouse along Ha Long beach, Syrena Viet Nam Sales Manager Pham Van Nam stressed.

With 159 four-storey townhouses built in modern and environmentally friendly design and offering a view of sea, Lotus Residences together with Little Vietnam – the project featuring the country's most original architectural styles – is expected to create a bustling commercial, cultural, and tourism destination in Ha Long City.

Lotus Residences, constructed on an estimated investment of VND680 billion ($31.48 million), offers prominent utilities such as a high-end resort area that includes a swimming pool, modern gym, park, and kid playground.

For the first time in Ha Long City, Syrena Viet Nam will introduce a rental pool system at Lotus Residences. A rental pool is a popular management model followed in resort projects, in which parties involved share rental income from a property, as well as expenses associated with its ownership and maintenance.

The model of Lotus Residences. File Photo

Syrena Viet Nam has pledged a maximum combined profit of VND600 million (US$27,700) for the first two years of the operation of townhouses in Lotus Residences, joining the rental pool and 65 per cent of rental profits from the third year. In addition, the owners of townhouses can enjoy free accommodation for 60 days every year.

The construction of Lotus Residences started mid-May and is expected to be completed within 14 months. The first 48 units of the project will be offered for sale on June 28 in Ha Long City with promotion programmes by the investor.

G5 Property Trading Floor Alliance has been appointed the official distributor of the Lotus Residences project.

According to Nam, investing in tourism property projects in Ha Long is promising as Ha Long city is becoming more and more appealing for tourists, along with the development of the transport infrastructure system.

Syrena Viet Nam is a subsidiary of BIM Group, which has to its credit a diverse portfolio of residential, commercial, and resort projects in Ha Long, Phu Quoc, and Lao.

Lotus Residences will add to Syrena Viet Nam's high-profile projects, which include Little Vietnam, Crowne Plaza Vientiane, InterContinental Phu Quoc, Halong Marina Plaza, and Coral Bay Townhouses. — VNS

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