Novaland, Tai Nguyen start Grand Sentosa mixed-use project in HCM City

Novaland Group and Tai Nguyen Joint Stock Company on Tuesday broke ground for the Grand Sentosa in HCM City.

Representatives of Novaland Group and Tai Nguyen Joint Stock Company at the ground-breaking ceremony for the Grand Sentosa in HCM City. — Photo Courtesy Novaland Group

Novaland Group and Tai Nguyen Joint Stock Company on Tuesday broke ground for the Grand Sentosa in HCM City.

The mixed use development comprising commercial space and luxury housing on one of the main streets in the south of the city, Nguyen Huu Tho, has two facades overlooking rivers.

Spread over 8.3ha, it will bring to the market over 2,000 condominiums and town houses.

It will have modern amenities to meet the requirements of high-income buyers including foreigners living and working in the southern part of HCM City.

It is expected to be completed in 2024. — VNS

  • Share:

see also

Government faces hurdles in push for one million social housing units

Government faces hurdles in push for one million social housing units

Experts emphasised the need to channel funds into less risky segments like social and affordable commercial housing to ensure a balanced real estate market. They also urged swift implementation of new regulations under the Housing Law and Land Law to...
Even high earners struggle to afford to buy homes due to the current price surge

Even high earners struggle to afford to buy homes due to the current price surge

According to VARS'' most recent report, based on data from the General Statistics Office’s (GSO) 2023 Residential Living Standards Survey, housing affordability in Việt Nam has declined. 
Việt Nams real estate market on a path to recovery

Việt Nam’s real estate market on a path to recovery

Many real estate developers continue to face difficulties in meeting their profit targets this year, with data showing a significant of 20 per cent in revenue and 43 per cent in profit, primarily due to a sharp decline in sales...
Condotels at the Ocean Resort Quy Nhon by Fusion handed over

Condotels at the Ocean Resort Quy Nhon by Fusion handed over

These are housed within two towers spanning over an area of one hectare, offering 80 units, ranging from studios and three-bedroom residences, to duplexes.
Industrial parks to go green, adopt sustainable models: forum

Industrial parks to go green, adopt sustainable models: forum

Domestic and international stakeholders shared experiences and proposed policies to transition Vietnamese industrial parks to smart and sustainable models at a forum on HCM City.