The Grand Manhattan

Overview

Land area: 
14,000 sqm
Unit area: 
0 sqm
GFA: 
0 sqm
NLA: 
0 sqm
Hits: 
547
General Information
· Developer: Novaland Group
· Leasing agent: Savills Vietnam Co., LTD
· Street no: 100 · Street: Co Giang · Ward: Co Giang · District: 1 · City: Ho Chi Minh City
· Project (GFA): 0 sqm

All areas are approximate and as reported.

Property Notes

General description:

The Grand Manhattan by Novaland is located within HCMC ’s Central Business District on Co Giang Street. The development mix includes retail, apartments and some penthouse apartments. The complex is pitched at the luxury segment. The total number of developed lots is reported to be 997 in 3 buildings and will be 29 stories each. The areas of the apartments are reported as 68 to 95 sqm for 1-4 bedroom types. The complex will have 4 basements providing about 883 car spaces and 1,304 parking for motorbikes. 

Legal/ developer overview:

Legal Ownership: Freehold for Vietnamese, 50 years for foreigners.

Marketing, leasing or asking price:

Q4 2018, the asking prices are reported to be:

  • 2 bedrooms (68 sqm) VND12 billion per unit or equal to about US$520,000 or US$7,650 per sqm.
  • 3 bedrooms (81-89 sqm) is approximately VND14 billion per unit or equal to about US$600,000 or US$7,400 per sqm (assuming 81 sqm).

Management charges will be about US$0.86 per sqm and payment terms are deposit of about US$8,500 then pay 15% within 7-15 days of signing.  Then non-interest payments of 1.5% per month up to house handover. If you pay upfront they offer an 18.5% discount.  

Primary Contact:

Contact name: Savills Vietnam.

General amenities

  • Bus station
  • Entertainment centre
  • Hospital
  • Metro station
  • Modern retail complex
  • Museum
  • School
  • Supermarket/Minimart
  • Traditional market
  • University

Facilities

Add to saved properties Get alerts for free

There are many reasons to join the goREDN team, sales and transaction data, additional property info such as designers and mangers, asking price and price trends are all at your fingertips. Click here to join today.

Featured Companies