HD Mon partners Indochina Capital to develop high-end condo project in Hanoi

By Ha Linh - Oct 26, 2018 | 01:57 PM GMT+7

TheLEADERThe second phase of Mon City will be tailor-made for the premium segment.

HD Mon partners Indochina Capital to develop high-end condo project in Hanoi
HD Mon Holding CEO Nguyen Anh Tuan and Indochina Capital COO Michael Piro at the showroom of Mon City

HD Mon Holdings has appointed two of Indochina Capital’s divisions, Indochina Properties and Indochina Strategic as the lead sales agent and strategic advisor the group’s high-end condominium project.

The move by HD Mon reaffirms the company’s determination and commitment to attain international standards of excellence, quality and innovation for its developments in Vietnam.

The project is the second phase of Mon City, a small township development with a wide range of amenities and green living space in central My Dinh, to the southwest of Hanoi.

In comparison to the first phase, the residential complex in Phase 2 promises more sophistication and luxury, which is tailor-made for the premium segment.

Located in the center of the new administrative district with a strong infrastructural foundation, residents of Mon City will have convenient access to international schools such as the Vietnam Japan University, Vietnam-Australia School, high-quality hospitals, green public spaces, shopping and entertainment hubs.

Nguyen Anh Tuan, CEO of HD Mon Holdings, notes that Mon City Phase 2 will be a mark of excellence, bringing a new living standard, a new way of living and a world-class development, for second home buyers and property investors alike.

“We are confident in our partnership with Indochina Capital given their extensive experience in developing luxury real estate in Vietnam,” said Tuan.

With its renowned past in high-end real estate market, Indochina Capital will leverage this experience and guide HD Mon through this challenging project that is full of promise. The group is especially suitable for the engagement given their pioneering role and success in luxury real estate in Western Hanoi, as evidenced by the iconic Indochina Plaza Hanoi.

Michael Piro, chief operating officer of Indochina Capital, said: “After studying the potential of this high-end development, we have brought in world-class consultants and designers who will help us achieve our client’s ambitions.”

“You don’t often see big names coming together for a real estate project in Hanoi, which speaks to the belief that we all have in this development. Mon City will become a leading product that is accessible to buyers and investors seeking an exceptional experience in the My Dinh neighborhood,” he added.

Mon City Phase 2 is under construction and is expected to be completed in early 2021. Located in a prime area at the junction of Le Duc Tho, Nguyen Co Thach and Ham Nghi, the project is a high-end mixed-use development consisting of 891 luxury units, including two-bedroom, three-bedroom, dual-key, duplex and penthouse. Each apartment is designed with excellent views of Western Hanoi, accompanied by extensive natural lighting.

With a four-level world-class retail podium and four parking basements, the high-end complex provides a full-spectrum services where residents can work, live, and relax all in one place. The credibility and expertise of world-class contractors and management agencies also ensure the highest quality of living for residents. As the last biggest project planned in the My Dinh area, Mon City will revitalize market demand when sales launch in December 2018.