Background

• The project is to be developed as a luxurious residence in the center of District 2, Ho Chi Minh City.
• Concept design: Phase 1 consist of 17 villas; Phase 2: 25-story complex office and hotel tower.

Location

• Thao Dien Ward, District 2, Ho Chi Minh City.
• Around 6 km or 15 minutes of driving to District 1.

Schedule

• 2018 – 2020

Roles & Responsibilities

• Investor will be responsible for design, construction, sales and marketing.
• BCG will be responsible for obtaining the permits and licenses as per concept design. BCG will also be responsible for financing (if needed), and sales and marketing for the domestic market.
• Design: ZONE Architects

FINANCIALS

• Competitive selling price of 2,500 – 2,700 USD/m2 for shophouses and condotels.
• Expected revenue of $76.6M

Net profit: $18.8M