Savills Vietnam has been officially appointed property manager of Sun Grand City Ancora Residence, a high-end property development by the Sun Group.

Located at 3 Luong Yen in Hanoi’s Hai Ba Trung district, the development offers a beautiful view of the Red River and easy access to amenities in the city center, such as prestigious hospitals, schools and universities, large shopping centers, parks, and cinemas. 

With a total area of 22,304 sq m, the development has 25 stories, the first five of which are commercial space on a floor area of 29,635 sq m, while the remaining floors have 679 apartments ranging from 71.9 to 394.9 sq m. 

The Sun Grand City Ancora Residence also provides residents with high-class facilities such as a gym, a spa, a swimming pool, a common area, a shopping center, and an international school.

Savills will provide all property management personnel under the agreement with the Viet Minh Hoang Construction and Investment JSC, a subsidiary of the Sun Group. 

It will begin providing property management services this month, including recruiting and finalizing the management team, taking over the development from subcontractors, signing off on the technical systems, and establishing management procedures.

Savills Vietnam’s engagement as the property manager ensures that what residents receive at handover is an efficiently and professionally-managed development.

Key positions in the management team have already been filled by Savills Vietnam and staff are ready to begin work.

Mr. Matthew Powell, Director of Savills Hanoi, said that by always choosing to cooperate with leading designers and builders, the Sun Group has placed emphasis on the quality element of Sun Grand City Ancora Residence. “I believe the fact that Savills Vietnam has been appointed property manager at Sun Grand City Ancora Residence is also a part of the Sun Group’s strategy to uphold their high-end standards,” he added. “It is an honor for Savills Vietnam and also testimony to our services as the leading property management company in the market. With extensive experience and expertise in Vietnam and globally, we believe that together with the developer we will bring residents a truly high-end and pleasant living experience at Sun Grand City Ancora Residence.”