A corner of Coral Bay Townhouse in Syrena Viet Nam's Ha Long Marina Urban Zone project. – VNS File Photo

QUANG NINH (Biz Hub)– Syrena Viet Nam Investment and Development JSC, a member of BIM Group, has produced 80 apartments to be bought through preferential loans in line with the Government's VND30 trillion (US$1.42 billion) support package for the property market.

These apartments - with areas ranging from 61sq.m to 70sq.m - lie in the Green Bay apartment building in Syrena Viet Nam's Hai Long Marina Urban Area project in northern Quang Ninh Province.

As part of the scheme, home buyers will receive preferential loans at interest rate of 6 per cent per year.

The loan could amount to up to 80 per cent of the apartment's value if the apartment itself was used as mortgage, or up to 90 per cent if home buyers have other assets to mortgage. Loan repayment period typically lasts 15 years.

"The loan terms are suitable for low-income earners, enabling them to buy a house," the company said.

Model of Green Bay Towers. — VNS Photo

To date, two individuals have received preferential loans from the Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) to buy apartments in the Green Bay apartment building.

This Saturday, Syrena Viet Nam will also begin the sale of apartments in Coral Bay Townhouse with discount offers and SHi125's lucky draw.

Home buyers will get a discount of 6.5 per cent on the apartment's value if they register the purchase on the released day.

Coral Bay Townhouse is among the key components of the Ha Long Marina Urban Area project.

The Ha Long Marina project is built to be a miniature version of Sydney, covering an area of 287 ha and stretching along 3.8km of beach in northern Quang Ninh Province, with investment of $2 billion. – VNS