National Focus

KDI Holdings and Masterise Homes forge partnership to develop holiday homes in Nha Trang

April 02, 2024 | 09:05 AM GMT+7

The Vega City project has been rebranded as Libera Nha Trang.

KDI Holdings and Masterise Homes forge partnership to develop holiday homes in Nha Trang
Masterise Homes has ventured into tourism real estate sector after years of developing housing projects in Hanoi and Ho Chi Minh City. Photo at the courtesy of KDI

In a landmark agreement signed today, renowned real estate developer Masterise Homes and the formidable conglomerate KDI Holdings have joined forces to propel the development of Flex Home apartments within the Libera Nha Trang coastal urban enclave.

The signing ceremony marks a significant stride in reshaping Vietnam's real estate landscape and promises to elevate Nha Trang's status on the global tourism map.

Kieu Huu Dung, Chairman of KDI Holdings, underscored the significance of this partnership, stating, "As stewards of sustainable development, we are relentless in our pursuit of innovation to deliver value-driven products. 

Our collaboration with Masterise Homes underscores our commitment to excellence and reinforces our dedication to our partners and clients."

Shirley Ng, Deputy Director of Business Division at Masterise Homes, highlighted the synergy between the two entities, stating, "Through our collaboration with KDI Holdings, leveraging years of expertise in developing upscale products, Masterise Homes is poised to advise on crafting the Flex Home coastal apartment project tailored to diverse customer segments."

The Flex Home project in Libera Nha Trang not only catalyzes Nha Trang's tourism sector but also unlocks the potential of Vietnam's real estate market, offering lucrative investment prospects and propelling the sector towards robust growth in 2024.

Flex Home complex is part of Libera Nha Trang, a coastal enclave nestled along the Tran Phu thoroughfare, boasting a private beach and a comprehensive array of upscale amenities spread across a sprawling 44-hectare strecth.

With its breathtaking vistas of Nha Trang Bay, Libera Nha Trang epitomizes luxurious living within the heart of the city, attracting both local and international tourists seeking unparalleled resort experiences.

Libera Nha Trang boasts a Grand Melia villa complex which held soft opening last year while two condotel towers are curently being completed.

KDI Holdings and Masterise Homes forge partnership to develop holiday homes in Nha Trang 1
The artist impression of Libera Nha Trang, which boasts a Grand Melia villa complex now in operation

KDI Holdings is a multifaceted conglomerate with interests spanning real estate, entertainment, luxury yachts, premium furniture, STEM education, high-tech agriculture, and renewable energy.

Masterise Homes, a subsidiary of the Masterise Group, pioneers the application of global standards in real estate development, operation, and management and collaborates with renowned brands like Elie Saab and Marriott International to deliver timeless architectural marvels and exceptional experiences to its clientele.

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