00:31 (GMT +7) - Thursday 14/12/2017

Property

Savills Vietnam appointed official sales agent for PentStudio

Released at: 11:14, 18/07/2017

Savills Vietnam appointed official sales agent for PentStudio

Photo: Savills Vietnam

Savills in charge of sales at West Lake, Hanoi project set to open in Q3 2018.

by Ngoc Lan

Savills Vietnam has been appointed as the official sales agent for PentStudio, a new luxury serviced apartment residence in Hanoi.

Located in Tay Ho district, the new five-star serviced residence from CTX Holdings is operated and managed by The Ascott, one of the world’s leading serviced apartment owners and operators.

PentStudio has excellent accessibility, just three minutes from the West Lake area, five to ten minutes from The United Nations International School, Hanoi International SOS Hospital, and West Lake Water Park, and 15 minutes from Noi Bai International Airport, Ba Dinh Square, and the Old Quarter.

The project has one 18-story tower offering 321 apartments of one or two bedrooms (75 sq m to 175 sq m) and six penthouses, and is the only apartment block in Hanoi with a unique mezzanine style providing a thoughtfully integrated living space.

Facilities include a four seasons swimming pool, a 24/7 convenience store, restaurants, coffee shops, a spa, a gym, a rooftop bar, a sky BBQ garden, and a social club.

PentStudio is being supported by transparent and sustainable commitments from the developer, including an extendable ten-year lease back program, guaranteed in US dollars, a commitment to buy-back at any time during the ten-year leaseback period, at a price equal to 75 per cent of the original investment, and free furniture and equipment replacement after ten years.

The project is expected to be completed in the third quarter of 2018.

Savills Vietnam was recently appointed as the official sales agent for Kosmo Tay Ho, an apartment and commercial complex developed by West Lake View Real Estate Ltd. in cooperation with strategic partners Refico and New Tatco.

Kosmo Tay Ho features three towers of 21, 29 and 35 floors with apartments of various layouts, from one to four bedrooms (63.2 sq m to 203.8 sq m) that capture views looking over West Lake and the city.  

Savills Vietnam is the largest and most experienced real estate practice in Vietnam, with offices in Hanoi and Ho Chi Minh City. It provides comprehensive property services, such as Residential Sales, Commercial Leasing, Residential Leasing, Research & Consultancy, Valuation & Feasibility Studies, Banking & Corporate Services, Investment Brokerage & Advisory, Retail Consultancy & Leasing, Property & Asset Management, Tenant Advisory & Representation, Industrial Consultancy & Leasing, and Marketing & Creative Services.

With over 20 years of operations and growth in Vietnam, Savills is proud to be the most established real estate consultancy firm in the country, providing the most comprehensive data and insights into the local property market. It now has over 1,000 experienced and professional staff nationwide.

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