Condotel AB Central Square Nha Trang is the latest project developed by A&B Development Corp. Thesedays, AB Central Square Nha Trang is the potential project which take interest in the investors in the relaxing property market.
With the newest investment in Nha Trang, A & B Development Corp promises to create a high potential real estate as well as affirms its position in Nha Trang City through a combination of facilities, services and accommodation of 5-star AB Central Square Nha Trang. Previously, the group has achieved many outstanding successes with a number of prestigious works such as Mui Ne Ananatara, Gia Han Ecological Resort, Nam Nghi Resort in Phu Quoc, …
Overview of Condotel AB Central Square
– Developer: A & B Development Corp (30% stake in Saigon Tourists).
– Project location: 44 Tran Phu Street, Nha Trang City, Khanh Hoa Province, Vietnam.
– Title of project: AB Central Square
– Construction unit: Unicons (under Coteccons)
– Designer: HB Design (Singapore)
– Supervision Consultant Unit: Apave Asia – Pacific Limited Company
– Management and operation unit: AB Saigon Nha Trang Joint Stock Company
– Guaranteed progress and loan support: HD Bank
– Total area: 9.000sqm
– Construction density: 60% of base block, 18% of tower block
– Project scale: 36 Floating Floors, 484 apartments. Includes:
+ 1 basement parking area
+ 2 storeys of office for rent
+ 4 storeys of commercial center
+ 22 storeys of Unit Hotel, each floor with 22 units (from 44sqm to 86 sqm, 1-2 bedroom)
– Type of investment and development: Five-star service and hospitality complex in Nha Trang 100% sea view
– Standard delivery: full interior with standard 5 star hotel
– Commitment to profit: 10% per annum for the first 10 years and a profit sharing of 80:20 from the 11th year (lifetime)
– Starting time: 10/2016
– Expected completion: Quarter IV in 2018
– Ownership time: 50 years, clearing legal documents
System of facilities
- Internal facilities are equiped with all modern facilities such as very large swimming- pool, five- star luxury restaurants, beauty& spa, high-level gym, bar and coffee, cinema with shopping and entertaining area, modern elevators system with international standard (5 elevators/ floor, speed 4m/s, with stairwells).
- External facilities is one of the most important factors which impacts on successfulness in this project. Thank to the advantage of the location, AB Central Square is located at the intersection among the major streets like Tran Phu, Hung Vuong, Le Thanh Ton. With this location, you just take 3 minutes to go on foot to arrive Nha Trang Beach.
Oppositing with AB Central Square is a plenty of projects and entertainment centre of the city. Unit Hotel Apartment of AB Central Square is offered to sell with price 2500$/ sqm. It’s a reasonable price for consumers. AB Central Square is the potential project with the expectation of investors.