Property developer Phu My Hung Development Corporation launched phase two of the Peak in HCM City on Thursday.

The Peak is the last development in the complex known as Phu My Hung Midtown that the company has developed over the past two years in the South District of Phu My Hung City Centre in District 7 of HCM City.

It said 698 units would be sold now in the Peak, including two-bedroom condos ranging in size from 72sq.m to 94sq.m, three-bedroom ones measuring 100-120sq.m and tophouses of 161-292sq.m.

It would be sold in the third quarter of this year, the company said.

It is in an ideal location in Phu My Hung Midtown amid Sakura Park, rivers and other beautiful sights.

Its first phase was sold late last year with over 90 per cent of the units being snapped up within a day.

Phu My Hung Midtown, which Phu My Hung Development Corporation has developed in co-operation with three Japanese companies, contains four projects: the Grande, the Symphony, the Signature and the Peak.

In around two years, more than 1,600 units have been sold.

Phu My Hung Development Corporation said it offered over 1,300 units for sale last year in the Phu My Hung Midtown, Urban Hill and Hung Phuc Premier.

All of them were in the high-end segment, and 90-100 per cent of them were sold right on the first day, it said.

In 2018, the company handed over 1,300 condos and 81 shophouses in the Hung Phuc-Happy Residence, Nam Phuc-Le Jardin, Scenic Valley 2 and Riverpark Premier.

It also assisted 1,500 customers with completing administrative procedures related to these purchases. — VNS