Thursday, 4 August 2016

Special Report: Riva Park Condominium (HCM, Vietnam)


Project Information
Address: 504 Nguyen Tat Thanh, District 4, Ho Chi MinhLand area: 4827.80 m2Construction Area: 2042.20 m2Building density: 42.68 %Number of floors: 18 floorsNumber of apartments: 320 unitsSize: 58.46 m 2 - 113.13 m2Expected handover: 2017

Location
Riva Park Condominium strategically located in District 4, just 3km away from heart of business district 1 with the iconic building Bitexco Tower and will benefit greatly from the future Vincom Khanh Hoi mixed development.
District 4 is a small district (just 4 km square) just next to Business District 1, to be an extended area for the business district.

Riva Park location map

Developer and Contractor
- Developer: Vietcomreal
- Development partner : Tien Phat Corp.
- Main Contractor: Hoa Binh Group.
- Bank sponsors: VietcomBank

Price

Comparison with similar type of projects in the same area or nearby

Project
Developer
TOP
Type of flat
$ per sqft (From)
Location
Riva Park

Tien Phat
2017
1BR – 3 BRs
SGD $187
District 4

Saigon Royal
Novaland
2019
1BR – 3 BRs
SGD $356
District 4
The Gold View
May Diêm Sài Gòn
2017
1BR – 3 BRs
SGD $214
District 4

The Tresor
Novaland
2017
1BR – 3 BRs
SGD $253
District 4


* Price does not include VAT 10% tax and 2% maintenance fee

Rental Yield
Estimated rental for 1 bed room flat:  SGD $700 - $900

Estimated yield: 7-8%

No comments:

Post a Comment