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Sales Price of Vinhomes Grand Park

The following amounts are projections.

Vinhomes Grand Park Local Conditions

We are pleased to introduce Vinhomes Grand Park (Ho Chi Minh City), a great place to invest in Vietnam real estate. Recently, an event was held at the site of Vinhomes Grand Park.

At the event, Mr. Shigeyuki Ikeda, General Manager of Mitsubishi Corporation (Vietnam) Ho Chi Minh City Branch (Middle East and Central Asia), who invested in the project, gave a lecture in Vietnamese, which was very well received by the local Vietnamese people and drew a large crowd.

Properties for sale in Grand Park

Vinh Homes Grand Park| Projects & Properties for Investment by Mitsubishi Corporation & Nomura Real Estate Development in Ho Chi Minh City

Mitsubishi Corporation and Nomura Real Estate will invest 100 billion yen, or 80%, in Vinhomes Grand Park to proceed with project development. The two companies have been promoting apartments and residential development in Ho Chi Minh City. MC has successfully developed the Diamond Lotus Riverside project in District 8, Ho Chi Minh City, with two of the three buildings completed and the remaining one just a few months away from delivery.

Mitsubishi Corporation and Nomura Real Estate Co-developed with Vin Group!

Investment in Vinh Homes Grand Park, the largest project in Ho Chi Minh City

The Grand Park project is currently the biggest project in Ho Chi Minh City. It is the Vin Group's largest project and a development of great interest not only to the Japanese, but also to Koreans, Hong Kongers, Singaporeans, Westerners and local Vietnamese.

Phase 2 urban development of Grand Park (Mitsubishi Corporation and Nomura Real Estate Development to invest in Phase 2)

  • Site area: 26ha
  • Use: Over 10,000 units of housing for sale
  • (Total project cost: approximately 100 billion yen; completion and delivery date: within fiscal 2022)

The second phase of Grand Park will develop 10,000 residential units on a 26-hectare site. This alone is quite a scale, but the Grand Park as a whole will cover approximately 271 hectares (all lots are scheduled for completion in 2023).

Grand Park is a project to create a new city with a residential population of 200,000 people by enhancing urban functions such as offices, residences, sports facilities, commercial facilities, schools, hospitals and parks. Ho Chi Minh City is also actively accepting investment in District 9 as a university, high-end residential area, and industrial park, and strong demand for housing is expected as the population continues to grow.

Vin Homes Grand Park Features

Features of Grand Park ① Smart Security

The multi-layered camera system with artificial intelligence (AI) has built-in AI that warns of suspicious persons entering or leaving the Grand Park. In conjunction, it detects, analyzes and identifies fraudulent activities (crimes, car theft, car accidents, etc.) and communicates the information to the security center.

Elevators equipped with a face recognition function ensure a high level of safety for apartment residents.

The Smart Fire Alarm System communicates fire alarms to residents, leading to a quick evacuation. Residents can gather information quickly, even if they are not in the Grand Park.

The smart transportation system is linked to Google Maps and various applications, and updates traffic conditions in a timely manner, facilitating the movement of residents to the center of the city.

 

Features of Grand Park 2) Smart Operation

The second feature of Grand Park is its smart operating system.

The operation system, equipped with the most advanced technology (artificial intelligence, AI, IoT), operates 24 hours a day, 365 days a year, and is used to monitor the apartment building, helping to resolve problems as soon as possible.

A Grand Park-wide (paid) wifi system will allow residents to access the Internet anytime, anywhere.

The state-of-the-art intercom system is also noteworthy. Not only can apartment residents check on the lobby from inside, but the system also works with registered smartphones to check on visitors from anywhere.

A parking system (a system for locating parking spaces) will also be in place. Residents will be able to easily identify available spaces through an app. It is a state-of-the-art system that also works with license plate registration and cashless.

 

Features of Grand Park (3) | Smart Community

The third feature of Grand Park is its smart community.

While a key feature of Grand Park will be its state-of-the-art systems, the smart community will establish a cashless system. Residents will be able to enjoy ecommerce through an app for residents. A household budgeting app for children is also available, making it easy to cover and track daily consumption activities.

 

Vinhomes Grand Park Location & Location

map

Grand Park is located in District 9, Ho Chi Minh City.

Ho Chi Minh's infrastructure development is progressing rapidly, and it will take about 25 minutes by car to Ho Chi Minh New City. The ring road 2 still leads to Phu My Hung City, and the Hanoi Highway leads to Ho Chi Minh District 1. In 2021, Metro Line 1 will start along the Hanoi Highway. This is an area where you can expect a great improvement in your lifestyle.

 

Vinhomes Grand Park Room Floor Plan (Reference)

Rainbow second-hand for foreigners 2 bedroom

Currently, we are looking for second-hand sales of Rainbow for about 15 million yen. Please feel free to contact us.

Vinhomes Grand Park Hierarchy Drawing

The Reason that Mitsubishi invest in Vinhomes Grand Park

 As the largest of Japan's leading general trading companies, Mitsubishi Corporation (MC) has been investing in and investing in overseas markets. In its medium-term management strategy for 2021, the company has announced that it will strengthen its business in the service and downstream areas. MC's achievements in Ho Chi Minh City include Diamond Lotus Riverside, and the company will continue to develop residential apartments and mixed-use urban development in Vietnam.

Mitsubishi Corporation's Urban Development, Diamond Lotus Riverside Apartments

 

The Reason that Nomura Real Estate invested in Vinhomes Grand Park

In its medium- to long-term management plan for 2028, Nomura Real Estate Development has announced that it will invest 300 billion yen in its overseas business. Nomura Real Estate Development has positioned overseas business as a core business and has expanded into Thailand, Vietnam, the Philippines and China. Nomura Real Estate Development plans to contribute to the transformation of the entire city into a smart city and the improvement of the quality of life of the middle class in Vietnam by introducing cutting-edge technologies and facilities.

 

Why the Vin Group is pursuing joint development with Mitsubishi Corporation and Nomura Real Estate Development

The Vin Group has built up the Vinhomes brand and has become the largest developer of urban complexes and a household name for all Vietnamese. The project that solidified the Vin Group's brand is Vinhomes Central Park, a 10,000-unit mixed-use development that has become one of the most popular tourist attractions in Ho Chi Minh City.

The development of this project will be driven by a combination of Mitsubishi Corporation's strategic urban development policy, Nomura Real Estate Development's policy of creating smart cities, and the Vin Group's policy of providing large-scale housing.

Vinhomes Central Park 

 

Vinhomes Grand Park Overview

Vinhomes Grand Park Project

  • Site area 260,000 m2
  • Total floor space 793,600 m2
  • Number of buildings 21 buildings
  • Total number of units: over 10,000
 

Vinomes Grand Park Sales Schedule

  • Sales launch / First half of 2020 (planned)
  • Completion and delivery / First half of 2022 (scheduled)
 

About Mitsubishi Corporation

  • Mitsubishi Corporation
  • 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo
  • Takehiko Kakiuchi, President and Representative Director
  • Number of employees: 6,016
  • Business : We are developing diversified businesses in a wide range of industries under a 10-group structure covering natural gas, general materials, petroleum and chemicals, metal resources, industrial infrastructure, automobiles and mobility, food industry, consumer industry, electric power solutions, and urban development complexes.
 

About Nomura Real Estate Development

  • Nomura Real Estate Development Co.
  • 1-26-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo
  • Seiichi Miyajima, President and Representative Director
  • Number of employees 1,976
  • Business : Apartments sales business, detached house sales business, corporate brokerage business, investment and development business, building business, construction and design business, asset management business
 

About Vinhomes

  • Vinhomes Joint Stock Company
  • 458 Minh Khai Street, Vinh Tuy Ward, Hai Ba Trung District, Hanoi
  • Chairman Nguyen Dieu Linh
  • Number of employees: 6,258
  • Major Shareholder Vingroup Joint Stock Company (70%)
  • Business : Since its establishment in 2008, Vingroup has been involved in many real estate development projects in Vietnam and has the largest market share in this field in Vietnam. The parent company, Vingroup*, is the largest company in Vietnam involved in commercial, hospital, education, automobile, etc., and develops its business in cooperation with VH.
 

About Vin Group

It is a core company under Vingroup, the largest conglomerate in Vietnam. As the country's largest real estate company, it is mainly engaged in the residential property sales business, rental management business, and residential leasing business, and has a wealth of experience in township development.

It is the largest conglomerate in Vietnam, with a wide range of business fields, including real estate, hospital management, and education. In recent years, the company has also been actively expanding into new fields, including participation in the automobile and smartphone businesses.

  • Established in 1993
  • Representative Mr. Pham Nhat Vuong
  • Number of employees: 65,300 (consolidated)
  • Net sales: Approx. 570 billion yen (2018)
  • Market capitalization: Approx. 1.8 trillion yen
 

Image and model of Vinhomes Grand Park

Vinhomes Grand Park
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