05:21 (GMT +7) - Thursday 23/11/2017

Property

Bitexco launches The Manor Lao Cai

Released at: 14:14, 12/07/2017

Bitexco launches The Manor Lao Cai

Photo: Bitexco

High-tech eco-urban area wraps up first phase.

by Ngoc Lan

The Bitexco Group launched The Manor Lao Cai urban area and the Manor Tower project in Lao Cai city on July 8.

The Manor Lao Cai, located in Tran Hung Dao Street, Lao Cai city, was designed by South Korean architects S.A.I Associates. It will be a modern, synchronous and high-tech eco-urban area that meets demand for housing and office space, with high-end facilities such as green parks, sports centers, swimming pools, squares, and fountains.

The project has now completed the first phase, with 441 villas, shophouses, parks, squares, and fountains and The Manor Palace service building.

It is a key project in Lao Cai province in both scale and development orientation, and a symbol of the dynamic development of Lao Cai city.

The Manor Tower, meanwhile, is the second phase of The Manor Lao Cai project and covers an area of 15,000 sq m with an 18-story tower and featuring apartments, hotels, supermarkets, commercial areas, children’s playgrounds, cinemas, and hotels.

With The Manor Lao Cai project, the Bitexco Group aims to modernize local lifestyle options with a completely integrated community, which is a first for a mountainous province in northern Vietnam.

Bitexco now owns a number of major real estate projects in large cities, including The Manor My Dinh and The Manor Central Park in Hanoi and The Manor Office-tel and Bitexco Financial Tower in Ho Chi Minh City.

Located 300 km north of Hanoi, Lao Cai city can be reached by car or train. Lao Cai province, which borders China, has preserved many special cultural and historical sites, including stone engravings from thousands of years ago in Sapa’s Muong Hoa Valley and the Pho Rang vestige site.

It also boasts many beautiful caves, such as Thuy Tien (Bat Xat district), Ta Phoi (Lao Cai city), Tien-Trung Do (Bac Ha district), and Xuan Quang (Bao Thang district).

Lao Cai province is also making efforts to develop tourism in Sapa in particular and the province as a whole. Sapa has potential in real estate, especially in luxury real estate.

The province has a number of large projects on the drawing board in the 2016-2020 period, such as building three- to five-star hotels with a total of 6,000 rooms and shopping and conference centers with total investment of VND10 trillion ($448.3 million).

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