Lancaster Luminaire, Hanoi’s Vietnam-Japan Luxury apartments launched in Hong Kong

June 04, 2021 | 18:21
Asia Bankers Club, Ashton Hawks, and Golden Emperor Properties have signed an MoU to be the exclusive marketing agents of Lancaster Luminaire, Hanoi’s latest luxury residential project developed jointly by Trung Thuy Group of Vietnam and Japan’s Toshin Development of Takashimaya Group.

As part of the agreement, Asia Bankers Club, Ashton Hawks and Golden Emperor Properties will exclusively promote Lancaster Luminaire of Hanoi to overseas investors, with Hong Kong as the first stop. Trung Thuy Group is gradually asserting its ambition in the international real estate market by searching for professional agencies to expand the distribution capabilities of the Lancaster developments – one of the luxury brands in the Vietnamese real estate industry.

Besides the collaboration with other international distributors, Trung Thuy Group and Toshin Development (a subsidiary company of Takashimaya Group) officially signed a business cooperation agreement to invest in Lancaster Luminaire. With long-standing experience in the management and operation of projects, Toshin Development promises to apply Japanese standards in managing the offices and retail podium. With the contribution of Toshin Development, the values will be increased over time.

Sharing his views about the cooperation, Nguyen Trung Tin, CEO of Trung Thuy Group, said, “At the beginning of the project, Lancaster Luminaire has drawn customers’ attention inside and outside Vietnam. Although there are only 252 apartments which were released to the market", we would like to provide perfect experiences as well as a professional counseling service for customers. Thus, we decided to look for appropriate distributors from the world market. Besides the quality of products, a professional distribution system is absolutely necessary to create a secure and transparent investment environment.”

lancaster luminaire hanois vietnam japan luxury apartments launched in hong kong
From the left: Nguyen Manh Tien (director, Marketing & Sales, Trung Thuy Group), Kingston Lai (founder and CEO, Asia Bankers Club), Nguyen Trung Tin (CEO, Trung Thuy Group), and Bernad Lillo Vicente (deputy general director, Trung Thuy Group)

Assessing the real estate market in Hanoi, Ivan Yam, managing director and partner of Golden Emperor, commented, “Hanoi is the centre of economics and politics of Vietnam with a rapidly-growing urban population. The supply of brand-new residential developments is far behind population growth. Coupled with the stable GDP growth of Vietnam and the rise of the middles class, it is expected that the housing market will recover very quickly once the pandemic is over. We believe this is a good entry point for investors looking to enter the real estate market of this emerging economy.”

The participation of well-known brands is a significant factor for investors to trust a development. Kingston Lai, founder and CEO of Asia Bankers Club said, “Japanese department store chain operator Takashimaya is a familiar name for investors in Hong Kong. This exquisite urban development project in Hanoi by Toshin Development together with Trung Thuy Group, a Vietnamese high-end housing developer would deliver high confidence to Hong Kong investors that are looking for international-standard real estate projects overseas. We are delighted to be a group of exclusive agencies to launch it globally.”

Frederick Ho, director and partner of Ashton Hawks added, “A number of infrastructure projects in Hanoi have been completed in the coming years, improving urban planning in the city centre and the CBD. Lancaster Luminaire is located 10 minutes away from Cau Giay Station of Metro 3 which is scheduled to be completed by 2022. The location of this development is also very convenient with shopping facilities, international schools, hospitals, and CBD nearby.”

Breakthrough for the elite

After the success of Lancaster Nui Truc, Lancaster Luminaire is the next development of Trung Thuy Group. A skyscraper located in a prime location on Lang Street, with an unlimited view of the whole city, Lancaster Luminaire has been a remarkable building from the first draft, turning heads in the industry. Light has been a major inspiration for Lancaster Luminaire – a masterpiece which will become a new center for Hanoi.

lancaster luminaire hanois vietnam japan luxury apartments launched in hong kong
Lancaster Luminaire

Lancaster Luminaire impresses with its remarkable design and 5-star management services. The development will be operated by one of the leading property management firms in the market: Lancaster Management, a part of Trung Thuy Group. With more than 14 years of experience in managing the Lancaster building, Lancaster Management has spent many years to understand customers’ needs and release exceptional care services that are individualised to increase personal experience for all residents living in Lancaster buildings.

Cooperating with prestigious business partners in the real estate industry around the world, Trung Thuy Group will not only bring high-quality real estate products to the local market but also attract potential customers outside Vietnam.

Trung Thuy Group

Experience Lounge: 20 Nui Truc, Ba Dinh, Hanoi, Vietnam

Website: luminaire.lancaster.com.vn

Hotline: 0933 09 09 09

By Nguyen Huyen

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional