King Crown Village has a frontage of Nguyen Van Huong Street, Thao Dien Ward, District 2 and is near the Saigon River. This project is reported to comprise 43 shophouses, 5-star-hotel (25 floors). The shophouses areas are from 105 sqm, 131 sqm, 299 sqm over various designs and land will have dimensions of 5 x 21 metre, 6 x 21 metre 13 x 23 metre respectively.
The estimated construction cost is reported to be about $20 million and the estimated completion is expected to be in 2020. See new/ revised design below.
Ownership: freehold for Vietnamese and 50 years for foreigners.
The site was reported to be sold to Bamboo Capital by Sao Sang Sai Gon (Hoan Cau Group). The main function of this project changed from villas to shophouses and hotel. Land location map (approx). Please subscribe for more details.
Q4 2018, the asking price per shophouse is reported to be from US$10,000 per square metre with prices we estimate to start from US$1,000,000 to over US$3,000,000.
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