The Latest news from Thu Thiem River Park of CII and Hong Kong Land

According to Realestatevietnam, CII has announced that Hongkong Land has transferred a large amount of money for the Thu Thiem River Park project in District 2.

The total investment capital of the Thu Thiem River Park project is estimated at over $ 400 million

Specifically in CII’s disclosure statement to the State Securities Commission and Ho Chi Minh City Stock Exchange on April 23, CII said that on April 20, Hong Kong has transferred a large sum of money to The first installment for high-end apartment development in Thu Thiem, District 2, HCMC between Ho Chi Minh City Infrastructure Investment JSC (HOSE: CII) and HongKongLand.

According to CII, the completion of legal procedures to receive money from Hong Kong Land shows that the difficult period has passed, the cooperation between the two sides for the project Thu Thiem River Park will progress well in time. next.

Previously, on December 12, 2017, CII and Hongkong Land officially signed the cooperation contract for development of Thu Thiem River Park project located in Thu Thiem New Urban Area, District 2, Ho Chi Minh City. Once completed, the Thu Thiem River Park project will provide approximately 1,140 apartments, including high-end apartments, air-condominiums, garden apartments, etc. Total investment capital for the project expected more than VND400 million.

Prior to CII, Hongkong Land also cooperated with SonKim Land to develop the Nassim project in District 2, Ho Chi Minh City.

April 23 release from CII

The progress of Thu Thiem River Park project

On March 22, 1818, CII and HongKongLand Company met and agreed on the progress of the project as follows:

It is expected that by March 30, 2015, the 1/500 master plan will be approved. By April 16, 2018, the Company will receive the first payment of HongKongLand.

Expected to start from April 01, 2018, began construction of the sample project.

Expected to Sept 30, 2018, complete the legal procedures to be able to develop the project.

Expected to be October 1, 2015, the project began to be booked.

Expected completion of the entire project in December 2021.

An overview of the Thu Thiem River Park project

Perspective of Thu Thiem River Park project

Project of Thu Thiem River Park from the roundabout

Project location: Lot 3.15 + 3.16 Thu Thiem urban area, District 2, Ho Chi Minh City

Investor: CII + Hongkong Land

Designer: DG Architects Singapore

The land area of ​​Lot 3-15: 15,376 sqm + Lot 3-16: 19,881 sqm

Scale of project: Lot 3-15: Residential area of ​​mixed 10-15 floors

Lot 3-16: mixed residential area of ​​10-20 floors

Total number of apartments: 1,140 apartments including luxury apartments, villas, garden apartments …

Apartment area: 1 bedroom apartment: 54 – 59 sqm, 2 bedroom apartment: 77 – 82 sqm; Three-bedroom apartment: 107 – 108 sqm; 4 bedrooms: 250 – 300sqm

Expected delivery: 2021

You are reading the article The Latest news from Thu Thiem River Park of CII and Hong Kong Land in the Real Estate category at https://realestatevietnam.com.vn/.Any information sharing, feedback please email to contact.vietnamrealestate@gmail.com, Hotline (+84) 898 898 688 (24/7).
Special thanks!