Van Phong Investment and Development Joint Stock Corporation: High-class Apartments Need Safety and Security Standardisation
Khanh Hoa is one of the 10 fastest-growing provinces, especially with double-digit tourism service growth which is always the highest in the country. With the desire to fully unlock local potential, entrepreneur Vu Van Hai, General Director of Van Phong Investment and Development Joint Stock Corporation, has always used its resources and passion to carry out many important projects in Nha Trang City, Khanh Hoa province, particularly including OCEAN GATE NHA TRANG project.
Prime location
“Khanh Hoa is blessed with a picturesque landscape. The robust tourism growth of Khanh Hoa province is a great opportunity for vacation property. Thus, I decided to move from Hanoi to the south to do business and chose this place for my investment ideas,” he said. Then, many sizeable projects have been gradually launched, including OCEAN GATE NHA TRANG.
In 2017 and 2018, B.E. Company of Austria is the architectural and interior design consultant for OCEAN GATE NHA TRANG project which won BCI ASIA AWARDS 2018. The project faces the sea and lies near many schools and hospitals such as Ischool Nha Trang School, Ly Tu Trong Primary and Junior High School, Khanh Hoa Medical College and Khanh Hoa General Hospital, thus facilitating residents to access education and healthcare services. OCEAN GATE NHA TRANG is a 40-storey building, including two basements for parking; nine floors for service, technique and trade; nine hotel floors with 171 four-star rooms; 22 apartment floors ranked 4 or 5-star (from 18th to 40th floors). Apartments and hotel rooms with a modern design and spacious walking corridor. Currently, the project has sold out condotel rooms. The curved structure brings impressive modern beauty and exceptional style – giving a new architectural face to Nha Trang coastal city. In addition to full facilities, OCEAN GATE NHA TRANG has a Sky Bar on the 40th floor where visitors and residents can immerse themselves in Sky Bar music and enjoy drinks.
A significant advantage is that OCEAN GATE NHA TRANG has received the credit support from TPBANK which provides attractive credit lines and certificate of output guarantee for the project. The investor, the bank and the customer are respectively responsible for construction progress, financing schedule and contract payment. So far, the three parties have been performing their responsibilities well and the construction progress is on schedule. The project is expected to be completed in the first quarter of 2019 and put into operation in the second quarter of 2019.
Opportunities for real estate projects
“I always make every employee do their best to create a long-term project, especially with quality, class, comfort, security and fire safety standards. It means that, in addition to the elegant design, the construction must have ensured quality,” Hai stressed. Specifically, in addition to best commitments to customers is contractual interest rate for customers. OCEAN GATE NHA TRANG also ensures the highest fire safety from a standard system and emergency exit. Certainly, the project will offer attractive real estate products for customers.
The Khanh Hoa property market is quite stable, driven by robust tourism growth standing at around 30 per cent a year, he said. Besides, the prospective operation of the second terminal and runway No. 2 at Cam Ranh Airport will bring more direct flights from many countries to Nha Trang and Khanh Hoa, thus ensuring the rapid and sustainable growth of tourism industry. This is a great advantage for real estate projects to be exploited effectively.
In the future, the firm will continue to build classy projects and meet new standards of high-end apartments such as OCEAN GATE NHA TRANG. “We will make every effort to blow a new vitality to the real estate sector of Khanh Hoa province and Vietnam as well,” Hai concluded.
Han Luong
Vietnamese
