First housing project in Phu My Hung international financial and commercial area goes out into operation
In Ho Chi Minh City, in addition to the central business district, including Dong Khoi St., Nguyen Hue St., Le Loi St., Ham Nghi St. etc with the operation of trade, finance, office, shopping, dining, services, and tourism … now it appears a new central business district in the south with strong development, high speed, and it is more dynamic and has more advantages by the new and synchronous master plan, based on the contemporary international standards. It is the Phu My Hung International Commercial and Financial Area.
Developed from the ideas of the central business district in the world such as Manhattan – New York (USA), Shinjuku – Tokyo (Japan), Milano (Italy), Singapore, Kuala Lumpur (Malaysia) … the Phu My Hung International Commercial and Financial Area is planned with 46 ha. Here it is attracting many domestic and foreign corporations to expand business with key economic field, such as finance, trade, services, insurance, automotive, stocks, telecommunication, real estate, and tourism. It is estimated that there are now more than 20 buildings which have been put into use with more than 100 businesses.
These include such names as Unilever, Manulife, Parkson, Porsche, BMW, Toyota, Mercedes, … international hotel IBIS or businesses which have built buildings for their office and for leasing as Vinamilk, Paragon Building … In addition, Saigon Fair and Exhibition Center – SECC is not only an impressive architectural landmark of the International Commercial and Financial Area, but more importantly, it is the motivation for MICE activities (tourism combined with conferences, seminars, exhibitions, events) which are developed equivalent to the dynamism of Ho Chi Minh City.
In particular, in the continuous chain function, the connection between the International Commercial and Financial Area and the Crescent with Anh Sao Bridge, Crescent Mall, the Crescent walking area, has created a complete central business district with potential for investment opportunities, business and leverage for Phu My Hung real estate together with the southern part of the city as a whole.
Centers have an important role to the “brand” of a municipality, improving the competitiveness of the city. So it is not exaggerated to say that the strong development of the International Commercial and Financial Area and The Crescent is a dynamic force to attract businesses and investors in the area and abroad to the southern area of Ho Chi Minh City. Mr. Andreas Klingler, General Manager of Porsche Vietnam once said “Ho Chi Minh City is a big city with a dynamic economy.”
For Phu My Hung Urban Area, this is a potential environment, because firstly the infrastructure is a good investment, the living environment has high security, power and water supplies are stable, the traffic has convenient connections to the neighborhoods, the communities have consuming demand. Based on that evaluation, we decided to have investment and do business here.”
Star Hill: The value of apartments in central area
Urban planning of Phu My Hung meets only 100,000 people. Thus, the finiteness of real estate in this urban area is higher than in many other areas. In particular, the most significant is the International Commercial and Financial Area, which is for the heart of Phu My Hung, so housing in here is considered as “finiteness of finiteness”. Compared with the other functional areas of Phu My Hung with several dozen housing projects, as planned the International Commercial and Financial Area has only 5 projects and Star Hill is the first residential area brought into use. This prime location provides exceptional value for owners of Star Hill together with added value proportional to the boom on the scale and scope of the International Commercial and Financial Area.
The whole area has 351 apartments, 24 townhouses, diverse in styles and size.
Standard apartment (87~112m2) gives impression with front space to plant trees to create a small garden, bringing comfort to the owner.
The second type, mezzanine apartment- Loft (132~244m2), the owner may allocate more functional floors to meet needs of the family …
Penthouse (398~413 m2) is the third apartment type in Star Hill, which is like a villa on high, particularly valuable, helping owners to enjoy the scenery from on high of a bustling dynamic district daytime and a picture with shimmering lights at night.
The fourth type, ‘Townhouse’ (409~413m2 ) is a 4 storey townhouse, suitable for both living, doing business, offices…
The utilities at Star Hill include 36 shops, 2 swimming pools, 2 clubs, 2 gyms, parks. In addition to motorcycle parking, the car parking rate at Star Hill is 1: 1 including parking space for visitors.
