09:43 (GMT +7) - Monday 17/06/2019

Property

Savills Vietnam to distribute Lancaster Hanoi condos

Released at: 16:59, 23/05/2019

Savills Vietnam to distribute Lancaster Hanoi condos

Photo: Savills Vietnam

Real estate practice the exclusive distributor of limited stock in Hanoi block.

by Ngoc Lan

Savills Vietnam has been appointed the exclusive distributor of limited stock in Lancaster Hanoi.

Developed by the Trung Thuy Group (TTG), Lancaster Hanoi is located in a prime area with luxurious amenities for living, working and entertainment. The building is near the Giang Vo - Giang Van Minh - Cat Linh - An Trach intersection and within proximity to public transport such as the BRT 01 bus route, the Cat Linh - Ha Dong metro line, and a station on the Nhon - Hanoi metro line.

Apartments come with long-term ownership and are ready for immediate move-in. Prices start from $3,300 per sq m, including tax.

With 29 levels and three basements, the building has 296 one to four-bedroom condos with sizes ranging from 38 to 177 sq m, meeting the needs of investors, young families, and multigenerational households.

Lancaster Hanoi is managed to a five-star standard by Lancaster Management, owned by TTG. Private amenities for residents include 24/7 reception and security, 24/7 maintenance services, housekeeping and laundry, a swimming pool, a gym and sauna, a restaurant, a children’s playground, a library, and a convenience store.

After six years, more than 50 per cent of the condos in Lancaster Hanoi have been purchased for buy-to-let purposes. As some available for sale have already been leased, instant profit is achievable, with monthly rentals running from $1,700 to $6,900.

Savills Vietnam invites you to tour and inspect the condominiums during an exclusive event on May 25.

TTG was established in 1995 and operates in the real estate, high-tech agriculture, commercial services, and hospitality and tourism sectors. In the property sector, it has developed Lancaster Ho Chi Minh, Lancaster Hanoi, and the upcoming Lancaster Lincoln, Lancaster Luminaire, and Lancaster Legacy.

Savills Vietnam is the largest and most experienced real estate practice in Vietnam, with offices in Hanoi, Da Nang, and Ho Chi Minh City. It provides comprehensive property services such as Residential Sales, Commercial Leasing, Residential Leasing, Research and Consultancy, Valuation and Feasibility Study, Banking and Corporate Services, Investment Brokerage and Advisory, Retail Consultancy and Leasing, Property and Asset Management, Tenant Advisory and Representation, Industrial Consultancy and Leasing, and Marketing and Creative Services. It won Asia Pacific Property Awards 2015-2016 for “Best Real Estate Agency in Vietnam” and “Best Property Consultancy in Vietnam”.

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