Property developers agree to terms over construction of project in Hanoi's south.
The Building and Infrastructure Development of Vietnam JSC (BID) and the HANHUD LAND JSC (HANHUD) have recently signed an agreement to develop the BIDHomes Golden South project in Hanoi’s Hoang Mai district.
Speaking at the signing ceremony, BID Chairman and General Director Tran Van Manh said the cooperation between the two prestigious property companies will result in the quick completion of the project, thus meeting the needs of the investors and homebuyers.
The 9,760 sq m complex sits in the expanded North Dai Kim Urban Area in the southern suburbs of the capital.
It comprises three 28-storey buildings, including a shopping mall, office space for lease, and 874 apartments for sale with areas ranging from 70 to 88 sq m.
Construction is expected to begin in the second quarter of 2016 and be completed in the second quarter of 2018.
The project is only a 10-minute drive away from the center of the city and is also close to the large residential areas of Linh Dam, Dinh Cong, Dai Kim, and Gamuda Gardens, as well as major universities and hospitals.