Syrena Viet Nam Sales Manager Pham Van Nam introduces Lotus Residences at the sale release on June 28. — Photo BIM Group/ Syrena Viet Nam

QUANG NINH (Biz Hub) — Buyers have paid deposits for about 70 per cent of Van Lien's (Lotus Residences) townhouses that were put on the first sale on June 28, project investor BIM Group said.

Lotus Residences is located in the prime Halong Marina Urban Area with 159 luxury townhouses, offering a good opportunity for those seeking a townhouse along Ha Long beach.

The commercial and resort project has good transport connections with neighbouring areas such as Halong Marina Plaza, Bai Chay Beach and Tuan Chau Complex.

Lotus Residences' townhouses will have modern and environment-friendly designs, with a view of the sea, together with prominent utilities such as all-season swimming pools, modern gyms and green parks and playgrounds, promising high-end living standards for residents.

The project is expected to be completed in the third quarter of 2016, after 14 months of construction.

The promise of profits has also made Lotus Residences look appealing to buyers, given the great tourism development potential of Ha Long City in particular, and of the northern Quang Ninh Province in general.

People looks at the model of Lotus Residences at the sale release in Quang Ninh Province on June 28. — Photo BIM Group/ Syrena Viet Nam

For the first time in Ha Long City, a rental pool system in which the involved parties can share rental income from a property with the aim of optimising profits for the owners will be implemented at Lotus Residences.

The BIM Group pledges a maximum combined profit of VND600 million (US$27,700) during the first two years of the operation of townhouses in Lotus Residences, for those joining the rental pool, and 65 per cent of the rental profits from the third year.

Interior decoration packages at preferential prices starting from VND200 million ($9,180) will also be provided to owners of townhouses who join the rental pool programme.

Lotus Residences and Little Vietnam – the project featuring the country's most original architectural styles – are expected to create a bustling commercial, cultural and tourist destination in Ha Long City.

Lotus Residences and Little Vietnam are among high-profile projects of the BIM Group, which has developed a diverse portfolio of residential, commercial and resort projects in Ha Long, Phu Quoc and Lao.

Tourism and property development are among three major businesses of the BIM Group, which also offers agricultural, food and commercial services. — VNS