A jewel in the crown for serviced apartments

Located in western Hanoi, what are the advantages of Crowne Plaza West Hanoi Residences?

Ideally located in Hanoi’s upcoming CBD, Crowne Plaza West Hanoi Residences offers the most comfortable spacious apartments with an extensive range of services and facilities. Families moving to Hanoi can be assured an experience which allows them to live in a safe, friendly and comfortable environment under international management.

Companies are moving office from the centre to western Hanoi is on the rise due to lower prices and higher incentives. What do you think about the demand for residences?

My Dinh is becoming the new CBD for Hanoi city attracting corporate clients in a very dynamic, up and coming area that offers improved infrastructure which is appealing. Investors to Hanoi are evaluating new production lines, supplying construction and producing consumer goods which reflect on the positive growth and income of the Vietnamese society. Therefore, we strongly believe that a demand for full serviced apartments will continue with the right price-value for consumers.

What is the occupancy rate of the Crowne Plaza West Hanoi Residences and who are the main tenants?

We are excited to report close to sell out occupancy in studios, one bedroom, one bedroom with study and three bedroom apartments. As we are offering short and long term apartments with personalised service the Residences will reach 90 per cent occupancy by end of September, 2012.

Therefore, we decided to launch our “Last unit’s autumn Sale” which allows up to 20 per cent discount on available apartment units on 12 month or 24 month leases to become our privileged guests from now until September 30, 2012.

The apartments are the definition of luxury living

Any further incentives to attract tenants for the remained units in the pipeline?

As outlined beforehand a good price-value for product is essential for any consumers within My Dinh area which includes full serviced apartments. The Crowne Plaza Residence team attracts tenants by personalising desires starting from restaurant discounts, Spa discounts, Internet packages, car parking spaces, shopping services or leisure discounts for golf or driving ranges.  

What do you think about the demand of the serviced residences in the coming time in Hanoi? Ho Chi Minh City now is seen a fair enough supply and consultants expected that serviced residences could be over supplied in the coming time, do you think that it could be the same in Hanoi?

In general the Hanoi market for residences has its own dynamic comparing with Ho Chi Minh City and follows the positive growth of the north with company investments and consumer demands. We foresee that the demand in My Dinh area continues to grow especially in the full serviced apartment products which are not meeting the current market demands.