Phu My Hung Development Corporation has launched a new project, Phu My Hung Midtown, in HCM City’s District 7. — VNS Photo

Phu My Hung Development Corporation has launched a new project, Phu My Hung Midtown, in HCM City’s District 7.

The company said that for the first time it is co-operating with other companies, all from Japan -- Daiwa House Group, Nomura Real Estate Group, and Sumitomo Forestry Group -- to set up a joint venture called Phu Hung Thai Development Joint Stock Company.

Phu My Hung Midtown will be a complex of condos, office and retail space, and amusement centres, located between Nguyen Luong Bang and Tan Phu streets.

It is being be designed by Singapore’s Kyta Architects and Malaysia’s Expressions, and built with materials imported from the EU, the company said.

The first part of the complex, The Grande, will be a 26-floor building condos ranging from 69sq.m to 149sq.m and have one to four bedrooms. — VNS