Savills officially opted as manager of Sun Grand City Ancora Residence
By Tung Anh
April 02, 2018 | 04:08 PM GMT+7
Savills Vietnam has been officially appointed the property manager of Sun Grand City Ancora Residence, a high-end property development by Sun Group located at No.3 Luong Yen, Bach Dang ward, Hai Ba Trung district, Hanoi.
The contract signing ceremony between Savills and Sun Group.
Officially introduced in early 2017, Sun Grand City Ancora Residence is a well-known project in Hanoi residential market. The development offers an easy access to amenities in Hanoi center such as hospitals, schools and universities, large shopping centers, park and cinemas.
With a total area of 22,304 square meters, the development is 25-storey rise with the first five floors allocated to commercial purpose with 29,635 square meters floor area and residential area of 679 apartments ranging from 71.9 square meters to 394.9 square meters per unit.
Sun Grand City Ancora Residence
According to the agreement with Viet Minh Hoang Construction and Investment JSC., a subsidiary of Sun Group, Savills, one of the leading property managers in Vietnam, is to provide all property management personnel for the project from April 2018.
The services include recruiting and finalising the management team, taking over the development from subcontractors and signing off the technical systems, establishing management procedures.
“By always choosing to cooperate with top reputational designers and constructors, Sun Group has placed emphasis on the quality element of Sun Grand City Ancora Residence as it is one of their high- end developments. I believe the fact that Savills Vietnam is appointed the property manager of the development is also a part of Sun Group’s strategy to uphold their high- end standards for the project,” said Matthew Powell, Director Savills Hanoi.
Essensia Parkway makes significant impact in the high-end real estate market as 100 per cent of the limited collection was successfully registered within just a few hours at the launching event with the theme “Live lux-well, in a truly refined world”.
Essensia Parkway is set to mark a significant milestone as the first branded residences project in Ho Chi Minh City to be operated by WorldHotels – one of the finest portfolios of independent hotels and resorts within BWH Hotels.
While the average price of apartments in Hanoi has reached new heights, with supply primarily concentrated in the premium and luxury segments, there are still no signs of a price slowdown.
Vietnam's hospitality industry is undergoing a major transformation with a brand repositioning strategy that emphasizes unique, sustainable, and community-focused experiences.
