Not all property projects are suffering

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A sequence of big property projects were launched and offered for sale since late November 2011 and reported good sales figures.

Among those are Xanh villas, Nine Ivory Eco-Resort & Country Club, Cat Ba Amatina, The Empire and Ocean View, just to date a few.

Xanh Villas, developed by Xuan Cau Property Company Limited, occupies 50 hectares in Hanoi’s Thach That district.

Five-star hotel and apartment development The Costa Nha Trang, developed by TD Joint Stock Company, reported encouraging sales. By date November 2011 nearly half of project apartments found customers with prices averaging from VND44-60 million ($2,090-$2,850) per square metre, according to a representative from Knight Frank Vietnam, the project distributor.

Costa Nha Trang, with 14 villas and 228 apartments with areas ranging from 58 to 249 square metres and worth $147 million in total investment capital, is positioned next to 308-room Crown Plaza Hotel managed by InterContinental Hotels Group.

In late November 2011 in Hanoi, Archi Investment Joint Stock Company launched to the public its international standard resort Nine Ivory Eco-Resort & Country Club which covers 12ha in Hanoi’s Ba Vi district.

The project encompasses 79 hillside villas with area ranging from 300 to 600sqm together with a five-star service system.

In the central region, later last week, Taseco launched its Oceanviews Apartment Hotel in Danang city’s Son Tra district by the side of My Khe beach. The project benefits from a full range of utility services to serve the residents such as a swimming pool and spas.

Earlier, the Thanh Do Investment Development and Construction presented to Hanoi customers its hi-end second home and resort project The Empire also positioned in Danang city.

The $476 million, 51.5ha project occupies an auspicious position between Danang Golf Club and Golf Montgomerie Links, facing Co Co River in the west and sea areas in the east.

The project’s planning is handled by Wimberly Allison Tong & Goo NA (WATG)- US leading group in hotel, resort and trade centre design consultancy whose brand was manifested through a sequence of top-grade properties in over 160 countries and territories.