Project site :
The project situates right in the hub of Bien Hoa city, Dong Nai province, on the main road CMT8 adjacent to National highway 1K – one of the main routes connecting Bien Hoa city to vicinity provinces.
- 6km from Bien Hoa 1, Bien Hoa 2 , Amata industrial parks
- 14km from hi-tech park, district 9, HoChiMinh city to the west, 32km from Long Thanh international airport to the south and 36km from Tan Son Nhat airport to the south-west.
- Existing infrastructure at the project area is uniform and completed.
Goal : to build a architectural complex including a 18-floor apartment, in-flat houses, public activity zone, supermarket, beauty club, swimming pool, tennis course and green park.
Scale :
- Feature : 3 blocks, i.e. tenement houses A, B, flat houses
- Capacity : 242 tenement households, 10 flat households. Estimated population : 1,018 people
- Total area of the project site : 9,074.1 m2
- Cut area due to road expansion planning : 176,4 m2
- Project area : 8,897.7 m2
- Total investment : 500 billion VND
- Construction area for ground floor : 4,143.2 m2. Construction density : 46.56%
- Total construction area including basement : 56,805.66 m2
- Green area and open space : 2,429.68 m2. Construction density : 27.32%
- Traffic area : 2,324.82 m2. Construction density : 26.12%.
In-flat Houses : comprised of 10 households, each of 3 floors, construction area for each household : 61 m2. A typical house is comprised of :
- Living room
- Kitchen
- Dinning room
- Workship room
- 3 bed rooms
- 4 rest rooms
Development status :
- Legal formalities : land clearance completed.
- Design task : completed with design & construction drawing verification, prepared for construction.
(As a matter of size, those projects mentioned herein just provide general information regarding background and bases for the setup thereof. Other related contents, e.g. SWOT Analysis, Business Plan, Marketing Plan, Revenue Forecast, Financial Forecast, etc…are not available on this medium)
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Convenient transport: The complex is located in the heart of Bien Hoa City, Dong Nai Province, on Cach Mang Thang Tam Street and near National Highway 1K - one of the main routes linking Bien Hoa and neighboring provinces. It is about 6km from Bien Hoa Industrial Zones 1 and 2 and Amata Industrial Park, 14 km west of Saigon Hi-tech Park in District 9 (Ho Chi Minh City), 32 km south of Long Thanh International Airport and 36 km southwest of Tan Son Nhat International Airport. Synchronous infrastructure in the project area. High land use density with buildings of 17-18 stories. With the central location of the project, residents can easily gain access to existing conveniences and facilities in Bien Hoa’s center.
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Objective |
Construction of a modern condominium comprising shopping centers and luxury apartments to meet the housing demand of locals and people from neighboring areas like Ho Chi Minh City and Binh Duong |
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Location |
Quang Vinh Ward, Bien Hoa City, Dong Nai Province, Vietnam |
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Scale |
Total investment capital: USD30,655,958 Total area: 8,910.5 m2 |
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Condominium Block A: 18 stories, with shopping center on the first two stories, community activity area, nursery and restaurant on the third story, and 160 apartments from the 4th to the 18th stories. Block B: 17 stories, with shopping center on the first three stories, and 82 apartments from the 4th to the 17th stories. Attached houses: 10 units, each with one ground floor and two stories, living room, kitchen, dining room, 3 bedrooms and 4 toilets. |
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Items |
Land use structure Total floor area (including basement) Building area Greenery and open space Internal communication Height |
56,851.8 m2 4,082.9 m2 2,164.6 m2 2,663 m2 17-18 stories |
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CONDOMINIUM Block A Shopping center Community area, nursery, restaurant Apartment Block B Shopping center Apartment ATTACHED HOUSES 3-story house Auxiliary works |
28,970.1 m2
16,116 m2
1,849 m2 184.9 m2 90 m2 |
160 units
82 units 10 Units |
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Progress |
Land allocation and land use conversion procedures completed. Basic design completed. Construction design being drafted |
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Construction development |
First quarter of 2009 |
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Investment opportunity |
Experienced and capable partners are invited to join the project under different forms. Opportunities include capital contribution, strategic investment, joint venture, joint-stock company and transfering part of the project to sub-investors |
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Block A : comprised of 20 floors (2 basements and 18 floors) 65.5 meters in height.
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Floor |
Area (m2) |
Floor height (m) |
Function |
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Basement 2 |
4,151.3 |
3.6 |
Parking area |
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Basement 1 |
4,151.3 |
4.1 |
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Floor 1 |
2,112.3 |
4.5 |
Trade center |
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Floor 2 |
2,160.5 |
4.5 |
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Floor 3 |
2,141.2 |
4.5 |
Recreation area, kinder garten, food & drink service |
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Floor 4 |
1,770.8 |
3.1 |
Apartment |
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Floor 5 |
1,610.1 |
3.1 |
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Floor 6 |
1,483.5 |
3.1 |
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Floor 7 |
1,599.3 |
3.1 |
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Floor 8 |
1,599.3 |
3.1 |
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Floor 9 |
1,610.1 |
3.1 |
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Floor 10 |
1,483.5 |
3.1 |
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Floor 11 |
1,599.3 |
3.1 |
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Floor 12 |
1,599.3 |
3.1 |
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Floor 13 |
1,610.1 |
3.1 |
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Floor 14 |
1,483.5 |
3.1 |
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Floor 15 |
1,599.3 |
3.1 |
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Floor 16 |
1,609.3 |
3.1 |
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Floor 17 |
1,317.8 |
3.1 |
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Floor 18 |
651.9 |
3.1 |
Block B : comprised of 18 floors ( 1 basement and 17 floors), 64m in height.
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Floor |
Area (m2) |
Floor height (m) |
Function |
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Basement |
1,413.2 |
4.1 |
Parking area |
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Floor 1 |
1,201.9 |
4.5 |
Shopping center |
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Floor 2 |
1,198.6 |
4.5 |
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Floor 3 |
1,198.6 |
4.5 |
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Floor 4 |
863,48 |
3.1 |
Apartment |
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Floor 5 |
866,47 |
3.1 |
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Floor 6 |
851,66 |
3.1 |
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Floor 7 |
866,47 |
3.1 |
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Floor 8 |
866,47 |
3.1 |
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Floor 9 |
866,47 |
3.1 |
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Floor 10 |
851,66 |
3.1 |
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Floor 11 |
866,47 |
3.1 |
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Floor 12 |
866,47 |
3.1 |
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Floor 13 |
866,47 |
3.1 |
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Floor 14 |
851,66 |
3.1 |
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Floor 15 |
866,47 |
3.1 |
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Floor 16 |
869,26 |
3.1 |
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Floor 17 |
826,83 |
3.1 |
Financial feasibility appraisal by CB Richard Ellis :
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Land Area 0.9 ha |
Year |
Investment Cost ($US) |
NPV ($US) |
IRR |
Payback period (year) |
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Whole period |
2008-2022 |
30.655.958 |
4.825.433 |
17.5% |
7.9 |