Novaland Group is a joint stock company whose activities specialized in the field of Investment and Real Estate Development in Vietnam. As an investor has wealthy financial background, high reputation and firmly success in the market with several famous project: River Gate Apartment in District 4; Tropic Garden Apartment in District 2; Lucky Dragon apartments in District 9; Sunrise City Apartment in District 7; Lexington An Phu in District 2; Lucky Palace apartment in District 6; The Prince Residence in Phu Nhuan District; Galaxy 9 D and Icon56 Residences in District 4
Novaland has received a lot of great prestige awards: TOP 10 investors headed Asia (BCI Asia Awards 2013), Vietnamese strong brand in 2013, Famous Brand ASIA 2013.
While the real estate market in Vietnam is still in the recovery stage, the Novaland constantly surpriseby announcement of acquisition a series of very big projects in real estate market such as Hoang Anh Gia Lai, Intresco , Savico, Dai Hung Phu ... . Not only acquired many big projects, Novaland Group also prove its ability on selling villa, apartment and other properties. The latest results in ending months of 2014 is selling more than 1,000 apartments in just two months. It somehow surprise all the Vietnamese real estate market.
LOCATION
The Sun Avenue Apartment
at front of Mai Chi Tho, An Phu ward, District 2, Ho Chi Minh City, is located in the center of administrative Thu Thiem and stretches over 500 meters frontage of Mai Chi Tho Avenue. The Sun Avenue owned an advantageous regional location convenient for transportation. It is connected by the network of transportation of “arteries”: Long Thanh - Dau Giay highway, city inner belt-way in direct connection with the Thu Thiem tunnel to the center of District
The Sun Avenue Apartment
also possesses outstanding design of ventilation, ensuring unrestricted visibility and various internal facility, ensuring strong added value over time.
A number of notably key transport projects in District 2 can be referred to as: Xa Lo Ha Noi Highway, road extension of Dien Bien Phu Street which starts at Saigon Bridge connects District 2 to the east District like District 9, Thu Duc district, and other eastern provinces. With this route, people will easily take a quick moving from District 2 to the adjoining districts like District 9, Thu Duc District, Binh Thanh District. Being designed with modern harmony with nature gives The Sun Avenue Apartment always get natural light, pure and fresh air ... give you a overlooking beautiful view, airy space with modern luxury design.
Second route is Mai Chi Tho Avenue (route connecting the east and west of Saigon) make traffic becomes extremely convenient when moving from District 2 to District 1 in center via Thu Thiem Tunnel. With convenient transportation, inspired by some model apartment in Europe, Novaland firmly develops The Sun Avenue Apartment to be a luxury complex apartment in Ho Chi Minh.
Area connect
• Area Internal road 40 meters connecting The Sun Avenue Apartment the new Van Minh residence, Thanh My Loi Residence and the Ring Road 2 (near Phu My bridge)
• Internal roads 16m alongside Mai Chi Tho Avenue, connecting The Sun Avenue Apartment to Van Minh Residence and Thanh My Loi Residence.
• Internal road 19 meters in The Sun Avenue Apartment parallels Dong Van Cong Street.
• The Sun Avenue Apartment is adjacent to Thu Thiem New Urban Zone (2 kilometers from the center), takes 3 minutes to the center of District 1 and District 3 via Mai Chi Tho Avenue by Thu Thiem Tunnel.
• The Sun Avenue Apartment is adjacent to some residential area has been formed and completed in infrastructure: City Horse 87 hectares, Van Minh Residence, Thanh My Loi residence and others.
• To Administrative Center in 2-3 minutes from The Sun Avenue.
• To Phu My Hung Urban Area 15 minutes by Phu My Bridge.
• The Sun Avenue Apartment near Long Thanh - Dau Giay Highways.
• Metro station adjacent Long Thanh International Airport project
• Near Ben Thanh-Suoi Tien metro subway.
SUN AVENUE APARTMENT INFO
Following the success of the Lexington An Phu Apartment, Novaland Group has continued to exploit the invaluable potential area of District 2 for the preparation of complex commercial-services-apartment AVENUE THE SUN residence at the front side of Mai Chi Tho Avenue, only 3km from the Thu Thiem Tunnel with direct views towards Saigon River and panoramic view of all blossoming city center.
The Sun Avenue Apartments
is located at the “gold” position of intersection of Mai Chi Tho Avenue and Dong Van Cong road in District 2. At the present, these roads are belong to one or two largest routes of the city. These routes plays an important role which is compared to the basement for economic development of the city. Just as these description, the area where The Sun Avenue Apartment is becomes the center of the real estate “storm” which is caused by the new Thu Thiem urban and a series of key projects are being accelerated construction. This is also the foundation for the development of residential projects
The Sun Avenue
.
• Total area of The Sun Avenue Apartment: 46715sqm
• Kind of residence: Apartment building – Office commercial and serviced
• Number of floor: 28 - 30
• Construction ratio: 40% apartment, 52% commercial purposes
STRUCTURE OF THE SUN AVENUE APARTMENT
View from your apartment in The Sun Avenue at the height of 96 meters.
Bird-eye-view of all of The Sun Avenue Apartment Project
Structure of a typical floor of The Sun Avenue Apartment
Typical The Sun Avenue apartment of 1-2-3 bedrooms by pictures
SERVICES OF THE SUN AVENUE APARTMENT
External services of The Sun Avenue Apartment
1. International AIS School
2. Intermediate Luong Dinh Cua School
3. People Committee of District 2
4. Phuc An Khang hospital
5. District 2 hospital
6. Children house of District 2
7. Thu Thiem high school
8. Metro An Phu
9. Parkson Cantavil , BigC supermarket
10. BIS international schools in Thao Dien area.
Internal services of The Sun Avenue Apartment
• 4 Swimming pool for adults and children
• Theater
• Commercial center
• Restaurant, Food court
• Bowling Center
• Kids playing garden
• Outdoor cafe
• The Square area
• Internal park
• International gym
• Convenience shop
• Health care center
Meeting area The Sun Avenue Aparment
PRICING & PAYMENT OF THE SUN AVENUE APARTMENT
PRICING
PAYMENT
PROMOTION WHEN BY APARTMENT IN THE SUN AVENUE PROJECT OF NOVALAND
(Applied for April 1, 2015 to June 30, 2015)
Customers will be offered from completion package to plus completion package
You will receive a SH Honda Motorcycle when:
- Buy a 2 bedrooms apartment value: SH 125 cc values 66.000.000 VND
- Buy a 3 bedrooms apartment value: SH 150 cc values 80.000.000 VND
SUPPORT FROM THE BANK
Three year fixed loaning rate of 7.49%/year.
Maximum financial support up to 85% value of The Sun Avenue apartment value.
Allows parallel disbursement, customers can be disbursed as soon as the payment after completed stage 1.
Free early repayment after 36 months.
An original maturity of 1 year.
Prolonged period of payment up to 1 year.
All these financial support start from April 1, 2015 to June 30, 2015.
Contact us now to observe model The Sun Avenue apartment
143/12 PHAN DANG LUU, WARD 2, PHU NHUAN DISTRICT, HCMC
(+84)982.89.50.89
[email protected]
VietApartment.com is proud to be a strategic partner of this project in creating an open and transparent environment for foreigners to buy and rent properties in Vietnam from July 1st 2015. You, as a foreigner come to Vietnam, will have full ability to reach right, sufficient and transparent information about real estate market in Vietnam. That is the last target of all investors of big projects and VietApartment.com aim to fight for. To rent, buy, share and advertise properties, please come to VietApartment.com and together we will develop it for all people. Thank you very much.
Foreigners have to know about property ownership law in Vietnam from July 2015
Section 159. The object owns house and housing ownership forms of foreign individual and organization in Vietnam.
1. Foreign individuals and organization having properties ownership in Vietnam including:
a) Foreign individuals and organization invest in constructing house under project form following this law and related legislation terms.
b) Enterprise with foreign capital investment, sections, office of foreign enterprise, foreign funds and foreign bank section operating in Vietnam (call shortly foreign organization)
c) Individuals have right to enter Vietnam territory
2. Foreign organization and individuals having a properties ownership in Vietnam under following forms:
a) Investment in construction house in project in Vietnam follow this Law and related legislation terms.
b) Buy, rent-buy, dedication, inherit commercial house including apartment and single house in project of constructing house investment, excluding national defense and security region as stipulated by Vietnamese Government.
Section 160. Criteria when foreign individual and organization having properties ownership in Vietnam:
1. Towards organizations and individuals specified in point a, paragraph 1, section 159 of this Law must have the certificate of investment or housing construction in project in accordance with the provisions of this Law and related legislation terms.
2. Towards foreign organization specified in point b, paragraph, section 159 b of this law, there must have investment certificates or documents relating to the permitted activities in Vietnam (hereinafter referred to as the investment Certificate) issued by the competent officers of Vietnam Government.
3. Towards foreign individuals specified in point c, paragraph 1, Section 159 of this Law must be allowed to enter Vietnam territory and not entitled to the privileges, immunities of diplomatic, consular prescribed by law.
4. Government regulate certificate in detailed proof of the object, condition of foreign organizations, individuals are entitled to properties ownership in Vietnam.
Section 161. Properties Ownership rights of foreign organizations and individuals
1. Foreign organizations and individuals specified in point a, paragraph 1, section 159 of this Law are having the rights of properties ownership in accordance with the provisions of section 10 of this Law; In case building on leased land, foreign organizations individuals only have rights to lease.
2. Foreign organizations and individuals specified in point b and point c, paragraph 1, section 159 of this Law having all the right of properties ownership as much as Vietnam citizen but must comply with the following provisions:
a) Have rights to buy, to lease, donation, inheritance and ownership not exceed 30% number of the apartments in a building; for the single houses including villas, ranging houses, foreign organizations and individuals have rights to buy, rent, donation, inheritance not exceed number of 250 properties within a region equivalent of a ward-level administrative units.
In some region with a population equivalent of a ward-level administrative unit that has many condominiums, single houses on one street, the Government shall specify the number of apartments, number of single houses that the foreign organizations and individuals have rights to buy, lease, donate, inherit and own;
b) In case, organizations and individuals are dedicated, donated out of provisions of point b, paragraph 2, section 159 of this law or exceed the number of properties specified at this paragraph a shall only own the value of this properties;
c) Foreign individuals own properties as agreement in the contract of sale, rent, donate, inherit transaction not exceeding 50 years from the issued date of certificate and can be extended under the provisions of the Government if required; properties ownership period must be specified in the certificate.
In case a foreign individual gets married to a Vietnamese citizen or get married to a Vietnamese living abroad, have ownership rights in stable, long-term and the rights of properties ownership right as Vietnamese citizen;
d) To foreign organization own the properties following the contract of sale, rent, dedicate, inherit transactions not exceeding the time limit stated in the certificate of investment of that organization, including extended period of time; properties ownership period is calculated from the date of the certificate and stated in this certificate;
đ) Before the expiration date of properties ownership in accordance with the provisions of this Law, the owner can donate or sell this properties for the subjects able to own properties in Vietnam; If exceeding the deadline of ownership and the owner does not sell or donate, this properties will be owned by the state. Section 162. Obligations of the property owner who are foreign organizations, individuals.
1. Foreign organizations and individuals specified in paragraph 1 of Section159 of this Law shall have the obligations of properties owners in accordance with the provisions of Section 11 of this Law.
2. Foreign organizations and individuals specified in points b and c, paragraph 1 of Section 159 of this Law shall have the obligations of properties owner like Vietnamese citizen but comply with the following provisions:
a) Foreign owners have rights to lease properties to use for purposes not prohibited by law, but prior to rental properties, the owner must provide written notice of the rental to administrative authorities in the district where properties in, under the guidance of the Ministry of Construction and pay all the tax accordance with the provisions of this law.
In case foreign individual gets married to Vietnamese citizen or Vietnamese living abroad have obligations as well as Vietnamese citizens;
b) For owners are foreign organizations use properties to arrange place for people working in that organization only, not use for rental housing, office or on other purposes;
c) Conduct payment for the selling, renting properties through credit institutions operating in Vietnam;
