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| Phu My Hung signs agreement with Vietcombank to offer good interest rate for consumers buying Scenic Valley. — VNS Photo |
HCM CITY (Biz Hub) — The Phu My Hung Development Corporation on Thursday signed a co-operation agreement with Vietcombank, offering a priority loan to customers buying apartments in its new project called Scenic Valley.
Under the agreement, the project's customers will receive a 24-month loan.
For the first year, the interest rate for the loan will be equal to the deposit interest rate. In the next two years, the interest rate will rise by 2.5 percentage points over the current deposit rate. From the fourth year, it will increase by 3.5 percentage points over the deposit rate.
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Scenic Valley is the second apartment project on the Medical Campus District in the Phu My Hung Urban Area in District 7. It is 3.2-ha in size and has seven buildings from 16 to 24 storeys.— VNS Photo
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In addition, there will be extra priority given to customers who have accounts at Vietcombank.
According to the company, the priority loans are aimed at younger consumers.
Scenic Valley is the second apartment project on the Medical Campus District in the Phu My Hung Urban Area in District 7. It is 3.2-ha in size and has seven buildings from 16 to 24 storeys.
Designed by a Singaporean company, the project is expected to be completed in 2017.
On October 4, the first phase of selling will begin. —VNS