Housing project in Hanoi to see construction begin shortly.
Five Star Kim Giang Co., an affiliate of the GFS Group, and the Uy Nam Investment Construction JSC (Unicons), under the Cotecons Group, have recently signed a contract to develop the Five Star Garden housing project in Hanoi’s Thanh Xuan district.
“Construction of the Five Star Garden project is our top priority,” Mr. Nguyen Sy Cong, CEO of Unicons, said at the signing ceremony. “We will ensure work progress and quality.”
It is a favorable time to begin construction as Unicons can mobilize full resources in machinery, modern technology, high quality raw materials with competitive prices, and skilled construction workers. “This will also help the project’s owner ensure housing is handed over to customers on schedule, in early 2017.”
A representative of Five Star Kim Giang, meanwhile, said the company has been careful in the selection of the leading professional partners, including Unicons, to develop the project. “We believe Five Star Garden will bring absolute satisfaction to our customers when completed,” he said.
With total investment of VND1.8 trillion ($82.5 million), the project covers an area of 12,530 sq m in Kim Giang Ward in Thanh Xuan district. Sixty per cent of the project’s area is for green space, with trees, playgrounds, footpaths and ponds.
Five Star Garden comprises two 33-storey buildings, including 1,200 apartments for sale, office space for lease, shopping malls, and other facilities for residents such as supermarkets, kindergartens, gyms, and spas.