Alpha King Real Estate Development on Wednesday cooperated with the Ascott Limited to manage Ascott The Residence, a luxury serviced residence in HCM City.

The property, in District 1 close to the Saigon River, has 205 one- and two-bedroom apartments.

Lew Yen Ping, country general manager for Ascott in Viet Nam, said: “We are delighted to partner with Alpha King and combine their development expertise with our award-winning hospitality capabilities to create the flagship Ascott The Residence serviced residence which will set a new benchmark for luxury living in Viet Nam, offering top business executives and industry leaders an exclusive living and unparalleled service.”

Jimmy Chan, CEO of Alpha King, said: “In Alpha King, human wellness is our top priority. The cooperation with The Ascott Limited shows Alpha King’s commitment in creating the most advanced lifestyle, offering maximum safety and comfort for our residents.”

Ascott is a Singapore company with over 45,000 operating serviced residence units in the Americas, Asia Pacific, Europe, Middle East and Africa and another 30,000 under development.

Alpha King is a fully foreign-owned company that develops a range of real estate projects from grade A office buildings and commercial centres to luxury apartments. — VNS