The Waterpoint a focal point in satellite township

June 17, 2020 | 14:00
(0) user say
To serve the strategy of reducing the density population in the heart of Ho Chi Minh City and forming a key urban development area in the south, a number of investors have been developing satellite towns in suburban provinces in the past few years. Waterpoint, invested in by Nam Long Group, is a typical model for this type of property.
1496p 34 the waterpoint a focal point in satellite township
The Waterpoint consists of a perfect blend of education, entertainment, and nature

As a megacity with a population of about 13 million, in recent years Ho Chi Minh City has faced many challenges in urban planning and development to meet the increasing housing needs of citizens.

According to statistics, each year the city adds about 50,000 newly-married couples and 20,000 state-owned servant households, and approximately 13,000 other households have relocated into new accommodation to serve for urban embellishment projects. In addition to that, more than 1.2 million immigrants have been in urgent need of accommodation.

As a result, developing satellite cities is becoming a strategic target for Ho Chi Minh City in order to decentralise its population. In particular, Long An province has shown many advantages and is now the largest area adjacent to Ho Chi Minh City. It has a large undeveloped land fund and strong transport links to the city which are currently more convenient than other provinces.

Long An authorities are also setting up many policies to attract investment, improve infrastructure, and develop urban areas, especially high-class projects which not only serve for the target of decentralising residents but also serve for businessmen, experts, and highly-qualified labour who are living and working in industrial zones (IZs).

Long An currently has 32 IZs with a total area of more than 11,520 hectares and 62 industrial clusters with the total area of 3,100ha. Notably, last month, Viet Phat Industrial Park, with an area of up to 1,800ha was established.

So far, the province has received a strong wave of investment from large-scale developers such as Nam Long, FLC Group, Vingroup, Him Lam Group, Van Thinh Phat Group, and Truong Hai Auto Corporation.

As a pioneer in developing satellite towns in Long An province, Nam Long is developing the Waterpoint – a satelline township project with a scale of up to 355ha located in Ben Luc district, just over 40 minutes away from District 1.

The Waterpoint complex is becoming a magnet in the real estate market not only because of its large scale and strategic location, but also by the strong participation of domestic and international corporations into this project. Accordingly, Nam Long has co-operated with a series of foreign corporations such as Nishi-Nippon Railroad and Lascal (Japan); Conybeare Morrison and Royal Haskoning DHV (Australia); Aurecon (Netherlands); and Swan & Maclaren (Singapore) to develop this venture.

In addition, large-scale domestic groups such as ARDOR, Hoa Binh, and Coteccons are also working together to turn the Waterpoint into a city with modern utilities which has serving capacity for around 30,000 residents in the first international living environment city in Long An in particular, and for the Mekong Delta provinces in general.

Customers of the first phase of Waterpoint project love that it is surrounded by 5.8km of the Vam Co River, 8km of canals, and gardens and parks with a total space of green and water surface amounting to 65ha.This natural ecosystem not only brings a green and peaceful living space but also is ideal for sports activities and outdoor cultural festivals to increase cohesion in the community.

Amenities for weekend entertainment are also being completed including a 3ha country club with an outdoor sports stadium, football pitches, courts for volleyball, badminton, and tennis, a swimming pool, gym and sauna, restaurants, a convention centre for the Central Park precinct, nearly 2ha of commercial centre for shopping and leisure services, and an operating centre for the bus system in the SouthGate precinct.

All of those facilities cement the Waterpoint as a modern and busy mini-city close to nature. Residents can work, study, relax and participate in community activities right here in the same area.

Nam Long is the leading real estate developer in Vietnam with 28 years of experience and has successfully developed dozens of large-scale urban and high-end housing projects.

With teamwork from a range of international and domestic partners, the Waterpoint complex is becoming a typical model for successful satellite township development areas in the western area of Ho Chi Minh City.

By Bich Ngoc

What the stars mean:

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