Developers agree to terms with real estate distributor to handle apartment sales at one of Hanoi project's four buildings.
CapitaLand Vietnam Holdings (CapitaLand) and the Hoang Thanh Investment and Infrastructure Development JSC signed a strategic cooperation agreement with Dat Xanh Mien Bac on November 10 on distributing apartments in Seasons Avenue in Hanoi’s Ha Dong district, with Dat Xanh Mien Bac becoming the exclusive distributor of the S3 building.
After working successfully together in the past, CapitaLand and Hoang Thanh believe the cooperation with Dat Xanh Mien Bac will combine their capacity in real estate development with the extensive distribution network of Dat Xanh Mien Bac to assist homebuyers when choosing Seasons Avenue, said Mr. Vu Tuan Truong, Head of Sales and Marketing Department of CapitaLand Vietnam in the northern area.
Located at the Mo Lao New Urban Area, Seasons Avenue has a total land area of 1.36 ha and a total gross floor area (GFA) of 196,000 sq m.
With investment of $170 million the project comprises four blocks of 40 to 41 storeys, called S1, S2, S3, S4, and draws inspiration from the four seasons concept.
The ground floor and the fifth floor are reserved for an array of more than 60 facilities, such as an infinity swimming pool with city views, a wet play area for children, and calorie-burning steps from the ground floor to the fifth.
Levels 2, 3 and 4 are reserved for parking and from Level 6 onwards are 1,300 quality apartments for sale. Apartment areas vary from 67 to 135 sq m with two or three bedrooms and all are designed intelligently to maximize natural lighting and ventilation.
CapitaLand and Hoang Thanh also committed to apartment handover starting from the fourth quarter of 2017.