22:55 (GMT +7) - Tuesday 18/12/2018

Property

MLand, TatiLand & MGLand named official agents of The Grand Manhattan

Released at: 10:02, 17/09/2018

MLand, TatiLand & MGLand named official agents of The Grand Manhattan

Photo: Novaland

Three become distributors of high-end commercial and residential development in HCMC's CBD.

by Hong Nhung

Vietnamese real estate developer the Novaland Group on September 14 announced the official sales agents for The Grand Manhattan in Ho Chi Minh City’s District 1: the MLand Vietnam JSC (MLand), the Tati Real Estate Investments JSC (TatiLand), and the MGLand Vietnam JSC (MGLand).

The Grand Manhattan is a complex of service - commercial and residential apartments. It sits on more than 1.4 ha in the center of District 1 with two super-prime frontages and long-term ownership of 1,000 units available. It is also adjacent to 23/9 Park (more than 9 ha), five-star hotels, and the city’s financial center.

Despite the scarce land bank in the CBD, the project’s construction density is under 50 per cent, with amenities including 4,000 sq m of green area, two swimming pools, a kid’s playground, a BBQ terrace, and a shopping mall.

The Dat Viet Development JSC is the project investor and Novaland Group is the developer. Novaland has been developing more than 40 projects in apartments, villas, townhouse, offices, urban areas, and high-end resorts in strategic locations in Ho Chi Minh City and other cities and provinces in Vietnam. It has supplied over 26,000 products to the market to date.

MLand, TatiLand, and MGLand are prominent names in real estate agent services and manage properties around the country.

With the limited land bank in District 1 as well as the change in Ho Chi Minh City’s downtown planning to 2020, the supply of apartments in the area is very scarce. While demand for high-end apartments is on the rise in the center of Vietnam’s major cities as well as in Southeast Asia, especially in Ho Chi Minh City, the appearance of The Grand Manhattan has attracted major attention in the domestic and international real estate market.

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