GP Invest invests $139 million in Trang An Complex

May 13, 2015 | 14:53

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Global Petrol Investment Joint Stock Company (GP Invest) has revealed official information about its Trang An Complex project, an apartment, office and trading complex in Hanoi.

Accordingly, the project located at No1, Phung Chi Kien Street has total capital of VND2.5 trillion ($139 million) and cover an area of 2.6 hectares.

At present, the construction of the complex’s foundations has been completed. The company will put on sale the first 150 apartments on May 16 for the initial price of VND31 million ($1,439) per square metre.

The project includes two apartment complexes, a school with the area of 3,000 square metres and a 14-floor building-complex. The area of normal living apartments will be between 75 and 140 square metres and Penthouse apartments between 220 and 240 square metres.

The project was started in January 2015 and is expected to be completed in the first quarter of 2017.

GP Invest is the developer of two big property projects, namely the 22-floor building on La Thanh Street with a total capital of VND700 billion ($32.5 million) and the Nam Do project worth VND1.5 trillion ($69.6 million). GP Invest will expand its operation in the US with its branch GPI Holding US, LLC.

By By Kim Oanh

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