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Construction of Lavenue Crown in HCMC within sight

Released at: 16:58, 02/03/2015

Construction of Lavenue Crown in HCMC within sight

Lavenue Investment Corporation will kick-off construction of the luxury mixed-use project later this year.

by Doanh Doanh

The Lavenue Investment Corporation will begin construction of Lavenue Crown - a luxury mixed-use project, in late 2015.

Lavenue Crown comprises condominiums, a five-star hotel and an exclusive shopping mall, with a prime location in the heart of District 1 in Ho Chi Minh City. The residential section has almost 200 units with a total area of approximately 23,000 sq m.

The Corporation was established in September 2010 by three shareholders: the Housing Management and Trading Company, the May Flower Limited Company, and the Kinh Do Investment Limited Company.

CBRE Vietnam has been selected by Lavenue to act as Residential Development Consultant regarding development, design review, marketing, and pre-sales strategy for the residential part of Lavenue Crown.

According to Ms Le Yen Thi, Chief Operating Officer at the Lavenue Investment Corporation, after carefully considering all the options the company decided to select CBRE Vietnam as the residential development consultant. “We believe that CBRE has the capability and experience to help us successfully develop the project generally and the residential space in particular to meet market needs,” she said.

During the consultancy, CBRE Vietnam will collaborate with the developer to ensure that Lavenue Crown meets and exceeds the expectations of its discerning customers. “We are confident that through CBRE’s global platform, experience and resources, we can provide the strategy and innovation to contribute to the success of this iconic project,” said Mr. Marc Townsend, Managing Director of CBRE Vietnam.

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