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Brief introduction
Hung Phu company invests in a residential project at Phuoc Long B Ward, District 9, Ho Chi Minh City. The project is located in the East of the city, about 7km from the city center.
Market positioning, feasibility study, target customer
Target customer: medium-income and high-income customers
Scale of project (Area, total investment capital, estimated population, number of houses, flats...)
Area: 17.4ha, including two blocks
Block 1: 6.8ha
Block 2 (expanded area): 10.6ha
Total investment capital: 31,446,540.88USD
Estimated population: 3,800 persons
Detached house with garden: 225 units
Double villa: 220 units
Single villa: 62 units
Block of flats: 03 blocks
Investment purpose
To build houses, flats for sale
Legal form of investment
Co-operation and investment in building houses, blocks of flats for sale
Master plan
Block 1: Master plans 1/2000, 1/500 are available
Block 2: Master plans 1/2000, 1/500 are available
Land acquisition and compensation
Block 1: 100%
Block 2: 100%
Decision of land allocation
Block 1: Decision of land allocation No.390/QĐ-UB dated Jan 27th, 2005of the Ho Chi Minh City People’s Committee is available
Block 2: Decision of land allocation No.450/QĐ-UB dated Jan 27th, 2006of the Ho Chi Minh City People’s Committee is available
Duration of project implementation
From 2004 to 2009
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