PRESS RELEASE - GRAND OPENING OF THE OCEAN ESTATES DANANG

GRAND OPENING OF THE OCEAN ESTATES DANANG  

  • 33 luxury VinaLiving-branded villas available with freehold title to Vietnamese buyers / 50-year long-term lease to foreign buyers
  • A premier “second home” product, part of the award – winning VND3,450 billion, 260 hectare “The Ocean Resort”
  • Infrastructure already completed with all Land Use Right Certificates secured for each land lots – As of today the Ocean Estates is one of 7 projects that has approval in place from the Danang Construction Department.
  • Only 12 kilometers from city center, 15 kilometers from Hoi An ancient town.
  • Located beach-front, a few minutes walking from the golf course and Sheraton hotel.
  • Commitment by developer to complete construction and handing over to buyers in December 2017.

Danang, 18th August 2017 – VinaCapital Danang Resort Ltd, a member of VinaCapital, the leading investment manager and real estate developer in Vietnam with over USD1.8 billion assets under management, is pleased to announce the grand opening of the ‘The Ocean Estates Show Village’, the last remaining residential beachfront site to be developed within the award-winning ‘The Ocean Resort’.

The Ocean Estates is a private community within a community, including 33 beach villas from 3-5 bedrooms, with plot sizes ranging from 929 sqm to 1,303 sqm which is unequalled amongst Danang beach villa projects. Each villa features floor-to-ceiling glass terrace doors, outdoor salas and swimming pools, with terraces and balconies throughout. GFA ranges from 570 to 740 sqm, with prices starting from VND 16.9 billion including VAT. This enclave will also have its own exclusive recreation club and swimming pool, with full access available to a number of five-star facilities and amenities already built and operating within The Ocean Resort.

We have left the best to last: The Ocean Estates is the last residential project that will be developed within the beachfront parcel of The Ocean Resort, the largest resort complex in Vietnam’s central region, which was named “Best Golf Development” on numerous occasions at the Asia Pacific Property Awards 2011 - 2016. This integrated resort is comprised various high-end residential precincts including beach villa compounds and condos, together with numerous facilities including a Greg Norman-designed golf course, a separate beach club with multiple swimming pools, several F&B options together with a range of other recreational amenities for buyers and their guests.  

Mr Matthew Koziora, Director of Transactions at VinaCapital said: “We pioneered the second home market in Danang back in 2009. Since then, the global trend of luxury has evolved, and we have developed this project with a clear understanding of what today’s buyers are looking for when seeking a true beach home experience.  These are internationally designed homes that will provide a very high level of living standards for our clients”.

“The Ocean Estates and The Ocean Resort are further supported by Danang’s emergence as one of the hottest new destinations on the Asian golf and tourism trail. We firmly believe Danang is on its way toward establishing itself alongside Southeast Asia’s other famous tourism destinations like Phuket and Bali in the coming years,” Mr Koziora said.

About VinaCapital Group

VinaCapital was founded in 2003 to promote investment in Vietnam and highlight the opportunities available to investors around the world. We have since become one of the country’s leading investment managers, delivering superior returns across a full range of asset classes.

VinaCapital does more than invest money. We introduce new ideas and approaches, products and technologies into the country, along with leadership and management support to ensure international best practices are merged with Vietnam’s dynamism and innate entrepreneurial spirit.

Our success comes from our people. Our networks and relationships with people and their businesses have been developed over years of being on-the-ground in Vietnam, enabling us to access a wide range of investment opportunities.

Our commitment to Vietnam goes beyond profits –we’re here to make a difference. The VinaCapital Foundation funds a range of economic, environmental, and social initiatives.

For more information, please visit www.vinacapital.com.

For more information, please contact:

  1. Matthew Koziora

Director of Transactions, VinaCapital Real Estate

Email: matthew.koziora@vinacapital.com

Mobile: 0933 887 796

     2. Truong Thi Minh Hanh

Associate Director Sales & Marketing, VinaCapital Real Estate

Email: hanh.truong@vinacapital.com

Mobile: 0914 104 000