Vingroup officially announced the launch of the public real estate brand VinCity. According to the expected plan, Vingroup will build from 200,000 to 300,000 VinCity apartments with especially reasonable prices within the next 5 years.
As a mass real estate line, with an average price of only VND 700 million, VinCity still fully converges the confirmed values of real estate projects developed by Vingroup Group: quality – sync – utility.
These are high-end projects Vinhomes. VinCity projects will be planned according to a closed urban model like Vinhomes projects.
VinCity projects will be planned according to the model of a closed urban area with synchronous utility infrastructure and services, including: education, health care, sports, culture, shopping, entertainment, landscape. Residents of VinCity will also enjoy professional management services provided by Vingroup such as protection, trees, environment…
In the first phase, VinCity will be deployed in 7 major cities and provinces including: Hanoi, Hung Yen, Ho Chi Minh City. Ho Chi Minh City, Hai Phong, Thanh Hoa, Ha Tinh, Nha Trang. In Hanoi and Ho Chi Minh City. In Ho Chi Minh City, VinCity’s projects will be invested in suburban districts, contributing to the formation of satellite urban areas, reducing population concentration and avoiding traffic jams for central areas of 2 largest city in the country. According to the expected plan, Vingroup will build from 200,000 to 300,000 VinCity apartments with special reasonable prices within the next 5 years, creating favorable conditions for a large number of consumers to access and own quality life and conveniences. in urban areas developed by Vingroup.
With the official entry into the mid-range housing segment, Vingroup has become a leading real estate developer in Vietnam, operating comprehensively across all market segments: high-end real estate, real estate public property, commercial real estate and resort real estate. If Vinhomes provides customers with a superior standard of living, a complete combination of residential real estate with a high standard service system, then VinCity targets a large number of consumers with an appropriate level but still ensures quality. – synchronous – utilities follow the trend of other countries in the world.
Mr. Le Khac Hiep, Vice Chairman of Vingroup said: “With strong investment to build VinCity projects, we want to contribute to the change of urban face so that gradually Vietnam will have a beautiful, modern cities like big cities in the world. In particular, through VinCity, we want to bring to the people modern, safe and suitable homes for the average income of the majority.”
