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| Novaland offers 1% instalments for HCM City office-tel. — VNS Photo |
HCM CITY (Biz Hub) — Property developer Novaland has said buyers of units in its Office-tel RiverGate mixed use building in HCM City can make payments of just 1 per cent a month for 79 months after making a 20 per cent down payment.
The price of a unit in the building on Ben Van Don Street, District 4, starts at VND1.8 billion (US$85,000), and the handover is scheduled for August 2017.
The company pointed out that the 1 per cent instalment meant buyers can pay using the rent they get for their unit.
Office rent in the city centre is around $20 per square metre.
Office-tel, a portmanteau of office and hotel, is a new concept in Viet Nam. — VNS