(BCG Land) On 04/04/2018, BCG Land JSC announced the ownership of the apartment project in Thao Dien.

The mixed residential-commercial building is located on Nguyen Van Huong street, Thao Dien ward, District 2, where many other luxury buildings are being constructed. As planned, the building will be built in two blocks with 22 storeys each block, spread over 9,000 sqm. Located in the East of Ho Chi Minh City, next to Saigon river, the building is designed to create an eco-friendly lifestyle.

The project has a total investment of VND 2,055 billion and is expected to commence in Q2/2018, Tracodi will be a general contractor.

Location of the BCG Land's Thao Dien apartment project

Nguyen Thanh Hung, General Director of BCG Land, said it is forecast that the real estate market for mid-end apartment products in 2018 will continue to increase steadily. We believe that this project will be one of projects in the east of HCM city to catch attention of customers.

BCG Land is a subsidiary of Bamboo Capital JSC (BCG), mainly specializing in real estate. Recently, its parent company – BCG, received 100% of the capital transferred from Indochina Hoi An Beach Villas Co., Ltd, who owns Malibu Resort project (Quang Nam). The project will spread over 11ha with 100 villas and 300 condotel units. Construction is expected to start in April 2018.