The highlight of Midtown complex is the Sakura Park. The majority of the trees here are Singaporean Cherry Blossoms that produce pink flowers similar to Japan’s cherry blossoms, but suitable for Vietnam’s warm weather in the south. Additionally, there are many other types of trees includingsaman, tropical almond and willows that ensure the park will always be colorful and vibrant.
The developers hope that when it opens to the public, the Sakura Park will become another landmark, not only for Phu My Hung Midtown complex or Phu My Hung, but also for HCMC as a whole, like the Crescent Lake and Starlight Bridge.
The launch of other properties in the Midtown complex has shown that along with the advantages coming from location, planning, design and the Sakura Park, the connection between public facilities is also a decisive factor in the customers’ decision to purchase a place.
For example, Le Thi Bich Ngoc, a customer who bought an apartment during phase 3 of the Midtown complex, is planning to move in soon, as it’s more convenient for her children to get to school. Ngoc also wants to buy an apartment at The Peak for her parents, thus make taking care of them easier for her.
“I really like this complex because of all of the surrounding facilities, especially the cherry blossom park. Moreover, this is a collaboration between Phu My Hung and Japanese corporations, which I believe ensures construction quality,” Ngoc said.
First launched in December 2016, the first 3 developments of the complex– including The Grande, The Symphony and The Signature, reached record absorption rates on the launching day – 98 percent to 100 percent. 4,200 people signed up to join the drawing to buy the apartments, and 1,333 were sold.
According to the developers, of these, up to 20 percent of successful transactions involved foreigners or Viet Kieu (overseas Vietnamese), and a majority were Phu My Hung residents working in IT, finance, stock exchange, petro and gas, real estate, medical and education, and 20 percent of these were business owners.
“It’s the customers who chose the apartments that confirm the high quality and luxury of the place,” said a Phu My Hung Development Corporation representative.
As being the investor, developer and operator of the project, Phu My Hung Development Corporation, has long been associated with developments aiming to create modern and civilized communities. Examples worth mentioning are several annual events like charity walks, spring flower fairs, family-friendly events during International Children Day, Vietnam Family Day or Green-Village Day and the Mid-Autumn Festival.
The community factor not only brings intangible values and increase the living standard, but also has positive effects on the value of the property.
The Phu My Hung Development Corporation representative emphasized: “A property located in a stable, civilized residential area… will definitely have much higher value than those with the same type and size in other areas.”
