Midtown is the most luxurious development in the south of HCM City in the recent years. For the first time Phú Mỹ Hưng has collaborated with other leading Asian property developers, and the result is an architectural masterpiece.
Phú Mỹ Hưng Development Corporation has unveiled a new complex called Phú Mỹ Hưng Midtown, for which the corporation is collaborating for the first time with foreign companies.
It has set up a joint venture called Phú Hưng Thái Joint Stock Company with three renowned Japanese companies -- Daiwa House Group, Nomura Real Estate Group, and Sumitomo Forestry Group -- to develop Phú Mỹ Hưng Midtown complex.
Without disclosing the investment involved, the developers said merely that the project is the most expensive in the recent years in the south of the city.
Phú Mỹ Hưng Midtown is inspired by famous complexes around the world like Tokyo Midtown and Manhattan Midtown.
The project, targeting high-income customers, is being developed with materials imported from the EU. All the design and building contractors are leading companies in the region.
Phú Mỹ Hưng Midtown is situated on the main roads of Phú Mỹ Hưng City Centre – Nguyễn Lương Bằng and Tân Phú. It is an ideal location in Phú Mỹ Hưng City Centre since it connects International Commercial and Financial district and the south district’s luxury residential area.
Near Phú Mỹ Hưng Midtown are many administrative offices, office buildings, hotels, malls, hospitals, banks, and international schools. The new masterpiece also abuts a large green space in the south district of Phú Mỹ Hưng City Centre.
The developers say Midtown has two components: construction and outdoor area.
The central region includes four buildings which will be built on an area of 56,331sq.m.
Phú Mỹ Hưng Midtown will be a self-contained complex where many services will be available. In each building will have infinity swimming pool, sauna and massage room, outdoor BBQ area, gym, rooftop’s yoga and park, library, golf simulation, etc.
Thus, residents will not need to go anywhere but can still enjoy all the services needed for daily life.
Phú Mỹ Hưng Midtown will be a small city with F&B stores, commercial, offices, shops, and supermarkets which will be in the ground and second floors.
Besides, the developers have used a large land lot to develop Sakura Park, which is inspired by parks with sakura flower in Japan.
Two lines of Sakura trees will be planted along a 600m walking road. A playground for children and a sports centre will also be built.
Many amenities will be built in both Vietnamese and Japanese styles -- like a Sakura fountain, floating pavilion and a sculpture garden, etc.
Phú Mỹ Hưng Development Corporation said Midtown would become a public area like The Crescent that is successfully developed.
Midtown is expected to become a new destination in HCM City in future, the corporation said.