Vingroup until now has handed over 4,000 condos to customers and will give out nearly 2,000 more before the year-end as part of an earlier commitment.
For the remaining 2,000 apartments at the two projects, the investor will only finish construction and decoration if buyers register to buy them. The enterprise has plans to launch the sale and finish these condos within the next two years.
Royal City project has started operating with Vincom Mega Mall Royal City, boasting Asia’s largest underground retail and entertainment complex, which opened on July 31. Vingroup will complete the final works to launch the entire project into operation early next year.
Meanwhile, the infrastructure network of Times City project has also been completed. The Vincom Mega Mall Times City, a commercial and entertainment complex, and the pre-school Vinschool will open on December 24.
Vingroup has also announced a preferential policy for residents of Vincom Center Ba Trieu, which was launched into use and handed over to customers five years ago. The enterprise will give management fee exemptions for the condo section for one year starting from next month and apply the rate of VND10,000 per square meter within the next five years.
In addition, the enterprise will apply hot water usage fee of just VND30,000 per cubic meter. Vingroup will also give similar support to residents of Vincom Center Dong Khoi in HCMC’s District 1. - Source: Saigon Times
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