Description Location: Quadrangle of Pham Ngu Lao, Calmete, Le Thi Hong Gam, Pho Duc Chinh Street, District 1, HCMC, Vietnam.
Total investment area: 8,000sqm
Price (per square meter): US$ 17,000 (in contract) + US$ 1,000 (services cost) = US$ 18,000
Objective:
- Office buildings,
- Trading centers,
- Department stores,
- High-grade showroom centers.
Period of Land Using:
- Foreign Investors: 50 years.
- Joint Venture Investors: 70 years.
Procedure: Proving Financial Capacity (by form).
Payment term: 3 stages (30%, 60%, 10%).
Payment form: Bank transferring.
Deposit & Earnest:
- Deposit: US$ 100,000 right after Memorandum of Understanding;
- Advance Security Money from Seller and Buyer: US$ 10,000,000.
Expansion potential:
- Face four streets: Pham Ngu Lao, Calmete, Le Thi Hong Gam, Pho Duc Chinh;
- Opposite Ben Thanh Master Bus station;
- Close Ben Thanh market;
Contact for more information on this Development for sale.