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Banking & Finance

BIDV provides loans for Paradise Dai Lai buyers

Released at: 17:14, 20/07/2015

BIDV provides loans for Paradise Dai Lai buyers

Customers buying villas can take out a 15-year loan on up to 70 per cent of its value.

by Hoai An

On July 19 the Bank for Investment and Development of Vietnam (BIDV), Dong Da Branch, signed a cooperation contract with the Nhat Hang Trading and Construction Investment Joint Stock Company on loans for purchasers of villas at Paradise Dai Lai Resort.

BIDV will lend up to 70 per cent of the villa’s value for a 15-year term with an interest-free period of 12 months.

Paradise Dai Lai Resort is located on 40 ha and consists of 200 villas of 200 to 500 sq m, apartments, a restaurant, a conference centers, a spa, and sports facilities. Villas range in price from VND3 billion to VND3.6 billion ($140,000 to $167,000). Promotions will be offered at the next sale, on July 26, such service charge exemptions for the first two years and 50 per cent off for the next three years, and holiday gifts. Of particular note, the first five buyers will receive a motor car worth VND630 million ($29,300).

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