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N E W S L E T T E RQ 3 / 2 0 1 7 - E N G V E R S I O N
Dear valued SonKim Land stakeholders,
GREETINGS
OUR EXECUTIVE BOARD
As an industry leader in Vietnam’s luxury real estate segment, SonKim Land has a finger to the pulse of the local market, with projects that represent the apex of quality, innovation and sophistication in the luxury property market. Amid strong growth and development, we are pleased to share SonKim Land’s philosophy and our role to bring a luxury lifestyle to Vietnam’s upper class.As we continue our expansion, SonKim Land has grown in three separate areas in order to elevate the quality of our projects:
Corporate and Services, Residential, and Commercial and Hospitality. By targeting our efforts, SonKim Land aims to further the company’s development while continuing to ensure our high standards in each endeavour.Beyond our own firm, SonKim Land is also committed to fostering connections with other global industry leaders, including HongKong Land, Hamon Developments, GS Retails, and Pourcel Chateau. These strategic partnerships combine SonKim Land’s expertise and established position in the local property market, helping to bring more world-class products and services to you.SonKim Land wishes you a closing the year of 2017 successfully with the first edition of our quarterly newsletter. We hope to share with you our vision for luxury real estate development and to announce more exciting projects in the future.
SUK JUNG, HAN (ANDY)Managing Director,Residential Group
With 11 years of international business development and management experience, residential group managing director Han Suk Jung is no stranger to the real estate and construction sectors. The American -educated South Korean has called Vietnam home for the past 12 years, bringing his exper t ise in operations, management, and real estate development to the local market.
NGUYEN VAN KHOA, NGOManaging Director,Corporate and Services Group
Prior to joining SonKim Land’s corporate and services group, Ngo Nguyen Van Khoa was the director of investment and M&A at Truman Holdings Vietnam, where he managed integrated portfolios across the textile, industrial park, real estate, and food industries. Mr. Khoa has an MBA from the University of Bolton, UK and has also served as senior vice president for local investment management firm Horizon Capital Group.
How Sen Tan, managing director of the Commercial and Hospitality Group, brings over 30 years of experience to SonKim Land. With a strong focus on hospitality and residential management, Mr. How has worked in many countries throughout Southeast Asia as well as in China, Taiwan, Hong Kong, Australia, and New Zealand. Prior to joining SonKim Land, earlier, Mr. How served as development director for Nha Trang-based property development firm Crystal Bay Group.
HOW SEN, TANManaging Director,Commercial and Hospitality Group
Yours sincerely,
NGUYEN HOANG TUANChairman
• Serenity Sky Villas
• Gateway Thao Dien
• The Nassim
• The Albany
• A landed property project in Thu Thiem
RESIDENTIAL PORTFOLIOS
• Empress Tower
• Indochine Park Tower
• Oakwood Serviced Apartment
COMMERCIAL PROPERTIES
• SonKim Land Partnerships
• Prestigious Awards
• SonKim Land Activities
SKL UPDATES
CONTENTS
SKL HIGHLIGHTS
SERENITY SKY VILLAS THE NASSIM
GATEWAY THAO DIEN
Artist’s Impression Artist’s Impression
Artist’s Impression
AT A GLANCE• Project Name: Serenity Sky Villas • Developer: SonKim Land• Project address: 259 Dien Bien Phu, Ward 7, District 3, HCMC • Sales Gallery: 251 Dien Bien Phu, Ward 7, District 3, HCMC • Site Area: 1,505m2
• Total units: 45 units 41 residential units and 4 commercial units A block of 17 storeys, a block of 12 storeys• Unit type: 1 bedroom: approx. 70m2
2 bedroom: approx. 124-137m2
3-4 bedroom: approx. 175-244m2 Penthouse: 367-500m2 Garden villa: 290m2
• Average price: USD 5,000-6,000 per m2
As the first true sky villa concept in Vietnam, Serenity Sky Villas takes HCMC real estate to new heights with stunning panoramic views, unparalleled privacy, and an outstanding combination of traditional villa and luxury condo design elements.
“THIS COULD BE THE MOST LUXURIOUS
RESIDENTIAL PROJECT IN THE NEXT THREE YEARS”
The Luxury Magazine
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Artist’s Impression
IMPECCABLE LOCATION
Located in District 3’s prestigious Ward 7, a peaceful neighbourhood replete with historical architecture and spacious, tree-lined streets, Serenity Sky Villas’ charming residences feature a combination of green living and Indochine-inspired design in the heart of Saigon.
With just 45 exclusive residential units, the Serenity Sky Villas bring privacy, luxury, and comfort to an elite community of homeowners in an incredible location just moments from the city centre.
EXCLUSIVE COMMUNITY
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS Artist’s Impression
Construction on Serenity Sky Villas has begun in earnest with continued work on the basement, foundation and ground floor. The structure’s third bracing system has been removed, while the removal of its second bracing system is ongoing. The pouring of reinforced concrete for the first and second foundation layers as well as the capping beam is also under way.The foundation and ground floor are expected to reach completion in November and December 2017 respectively.
UNIQUE DESIGN CONSTRUCTION PROGRESS OF SEPT 2017
Boasting a sophisticated fusion of contemporary and tropical style, the unique architecture and interior design of fully integrated architecture firm URBNarc draws upon the best elements of traditional villas and luxury condominiums.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Artist’s Impression
AT A GLANCE• Project Name: Gateway Thao Dien• Developer: SonKim Land • Project address: Hanoi Highway, Thao Dien Ward, District 2, HCMC • Site Area: 10,944m2 • Total units: 436 units• Unit types: Studio and 1 bedroom: approx. 50m2
2 bedroom: approx. 95m2
3-4 bedroom: approx. 130m2
Sky villa: from 170m2
Penthouse: 360-480 m2
• Average price: USD 2,000-2,500 per m2
“BEST CONDO DEVELOPMENT IN VIETNAM
BEST LUXURY CONDO DEVELOPMENT IN HO CHI MINH CITY”
Vietnam Property Awards 2015
As the first property to bring high-quality, contemporary luxury living and nuanced, thoughtful service to Vietnam, Gateway Thao Dien has become a standard in HCMC’s luxury property market, known for its exceptional residential environment.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Artist’s Impression
STRATEGIC LOCATION
With the future in mind, Gateway Thao Dien sits in a prime location at the heart of District 2’s tranquil neighbourhood, 250 meters from the for thcoming An Phu metro station and surrounded by a diverse international community.
RESORT-STYLE CONCEPT
Gateway Thao Dien’s extravagant, resort-style atmosphere features five-star facilities such as a saltwater swimming pool, lush gardens, a barbecue area, gym and fitness centre, supermarket, children’s play-ground, and kindergarten.Located in Thao Dien international community where can be seen as Saigon’s Food and Beverage destination, the residents can savor countless global gastronomy.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Artist’s Impression
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
CONSTRUCTION UPDATE OF SEPT 2017EUROPEAN STANDARDS
Furnished with world-class design and materials, Gateway Thao Dien boasts Euro Window sound- and heat-proof window, German Wefatherm water supply system, German laminated flooring, BOSCH kitchen equipment, Duravit and Hansgrohe bathroom appliances with Häfele digital door locks.
As of September 2017, the brick work has been completed for the Aspen on 41 floors and for the Madison on level 6 to 34. Internal and external plastering continues on levels 40-42 and 34-36 for the Aspen and Madison respectively.Aluminium door frame work and wall tiling have been completed on level 6 to 14 for the Madison while progressing on levels 24-32 and 33-38 for the Aspen.Construction crews are currently completing ceiling work on levels 6 to 14 for both buildings. For the Aspen, internal painting is ongoing across levels 9-26 and external painting continues on levels 40-42.
Artist’s Impression
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
“BEST CONDO DEVELOPMENT IN VIETNAM
BEST LUXURY CONDO DEVELOPMENT IN HO CHI MINH CITY”
Vietnam Property Awards 2016
The Nassim is known for its exclusivity, where private lifts lead to each luxury residence, ensuring privacy and direct access for each homeowner.
AT A GLANCE• Project Name: The Nassim• Developer: Co-developed by SonKim Land and HongKong Land• Project address: 30 Street 11, Thao Dien Ward, District 2, HCMC• Site Area: 6,464m2 • Project description: 238 units on 29 floors with 4 towers • Unit types: 1-bedroom: approx. 55m2
2-bedroom: approx. 85m2
3-bedroom: approx. 120-135m2
4-bedroom: approx. 150-160m2
Penthouse: 509-617m2
• Average price: USD 3,300 per m2
BEST CONDO DEVELOPMENT
(VIETNAM)
The Nassimby SonKim Land
& HongKong Land
2016
BEST LUXURY CONDO (HO CHI MINH CITY)
The Nassimby SonKim Land
& HongKong Land
2016
Artist’s Impression
PRIME LOCATION
The Nassim’s lush, riverside location and tree-lined gardens provide residents with further privacy as well as a tranquil living environment in District 2’s upscale Thao Dien Ward. This is the most sought-after living environment for foreigners and young successful Vietnamese.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
WORLD-CLASSCOMMUNITY
A perfect balance between urban sophistication and suburban calm, The Nassim fosters a diverse international community of both Vietnamese and foreign residents amid Thao Dien Ward’s range of international schools, top-quality medical facilities, exclusive boutiques, and high-end restaurants.
VINCOM
MEGA MALL
THAO DIEN
METRO CASH & CARRY
FAMILYMEDICAL PRACTICE
ANNAM GOURMET
AN PHUSUPERMARKET
AOEN CITIMARTSUPERMARKET BRITISH INTERNATIONAL
SCHOOL
AUSTRALIANINTERNATIONALSCHOOL
AMERICAN INTERNATIONALSCHOOL
INTERNATIONAL SCHOOLOF HCMC
SMARTKIDS
ECOLE_ANTONIAFRENCH KINDERGARTEN
PARKSON CANTAVIL
SAIGO
N R
IVER
SAIGON RIVER
SAIG
ON
RIV
ER
SAIG
ON
RIV
ER
THAO DIEN
THU THIEM
DISTRICT 2
LE VAN MIEN
NGO QUANG HUY
XUAN THUY
XUAN THUY
TRAN NAO
TRAN NAO
TRA
N N
AO
NG
UYEN
HO
AN
G
NG
UYEN THI DIN
H
NGUYEN DUY TRINH
DONG VAN CO
NG
QU
OC
HU
ON
G
THAO DIEN
NGUYEN U DI
VO TRU
ON
G TO
AN
LE THU
OC
SONG HANHAN PHU
THAO DIEN
TAN CANG
RACH CHIEC
SONG HANH
TRAN
NG
OC D
IEN
SONG HANH
LUONG DINH CUA
HO CHI MINH - LONG THANH - DAU GIAY HIGHWAY
LUONG DINH CUA
TRA
N V
AN
KH
E
HANOI HIGHWAY
HANOI HIG
HWAY
MA
I CH
I TH
O
MAI CHI THO
ROAD NO. 11
QU
OC
HU
ON
G
NG
UYE
N V
AN H
UO
NG
CAT LAIINTERCHANGE
RACH CHIECBRIDGE
SAIGON BRIDGE
TONG HUU DINH
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
CONSTRUCTION UPDATE OF SEPT 2017PRIVACY PRIVILEGE
The Nassim offers residents additional privacy within its gates via a private lift which leads directly to the foyer of each residence, the first of its kind in Vietnam.All the floors are paved in imported marble an exquisite touch to the apartments from 2 bedrooms.
Plastering work has been completed on The Nassim, and additional construction is moving along smoothly. Ceiling work within the building is in progress up to the 27th floor, as is aluminium, glazing, and tiling work, while marble flooring is in progress up to the 26th and 27th floors. Carpentry and laminate flooring work is also under way up to the 9th and 13th floors respectively, and mechanical, electrical, and plumbing work is ongoing up to the 22nd floor.
Artist’s Impression
THE ALBANY
The Albany is located in District 2’s sought-after Thao Dien Ward. In addition to its exclusive community, The Albany’s low apartment density with only three units per floor and private lift access make the project a leading luxury residence in HCMC.The Albany is professionally managed by Hamon Properties Management, the developer and operator of Nguyen Du Park Villas, and was exclusively designed by global design firm B&Co.
A LANDED PROPERTY PROJECTIN THU THIEM PENINSULA
Perched on the verdant waterfront of District 2’s up-and-coming Thu Thiem Peninsula, a landed property project will feature breathtaking river and sunset views from its luxury villas across the Saigon River. The area’s serene quality lends itself to peaceful, spacious residences conveniently close to the city centre.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
UPCOMINGVILLAS
PROJECT
Ar tist’s Impression
INDOCHINE PARK TOWER
Overlooking downtown Saigon’s green spaces and just moments from the city’s central business district, Indochine Park Tower consists of 55 luxury serviced apartments and penthouses. The building is equipped with high-end facilities including a gym, sauna, indoor swimming pool, kids’ club, and meeting room as well as a bar and resident lounge.
SKL HIGHLIGHTS - COMMERCIALSKL HIGHLIGHTSRESIDENTIAL UPCOMING
EMPRESS TOWER
Located on District 1’s bustling Hai Ba Trung Street, Empress Tower is a grade-A office building featuring commercial space over 18 floors as well as two basement-level car park facilities. The tower is conveniently situated near a variety of international companies and consular offices.
SKL HIGHLIGHTS - COMMERCIAL PROPERTIES
OAKWOOD SERVICED APARTMENT
As the prestigious Oakwood management brand’s first serviced apartment property in Vietnam, Oakwood Apartment features world-class service and an international standard of living through its luxury amenities such as a swimming pool, gym, and sauna as well as bistro and restaurant dining for its residents. Over 68 high-end units, from studio space to 2-bedroom apartments, Oakwood Apartment pays homage to 1950s-1970s Saigon in its District 3 location with thoughtful Cu Xa Do Thanh design.
PARTNERSHIPEXS CAPITAL AND ACA INVESTMENT
SonKim Land Corporation and EXS Capital Limited, an Asia-based independent alternative investment group, have announced the successful first-round fundraising of USD46 million out of an expected USD100 million follow-up fundraising for SonKim Land. This is the second SonKim Land investment led by EXS Capital through the Lemongrass Master Fund. After a successful initial investment of approximately USD37 million in 2013, SonKim Land has proven its value and expertise in Vietnam’s luxury real estate development through unique and award-winning residential projects such as Gateway Thao Dien and The Nassim.Building upon this success, SonKim Land and EXS Capital are partnering with ACA Investments Pte. Ltd., a Singapore-based Japanese fund manager with a strong track record of investment across the Asia-Pacific region. ACA has significant experience in the local market thanks to investments in Vietnamese companies such as Bibo Mart and Cung Mua.
commercialSKL HIGHLIGHTS
SKL HIGHLIGHTS - COMMERCIAL PROPERTIES SKL UPDATES - PARTNERSHIPS
PARTNERSHIPGS RETAIL (GS 25)
SonKim Land recently joined forces with South Korean convenience store brand GS25 to build the GS25 convenience store chain in Vietnam. GS Retail and SonKim Land expect to launch the brand’s first store in HCMC, with the aim of growing to 2,500 locations over the next decade. The two firms held a joint venture signing ceremony on 27 July 2017.
PARTNERSHIPPOURCEL CHATEAU
On 10 August 2017, SonKim Land and Pourcel Chateau Group entered a joint venture to build a high-end restaurant chain in Ho Chi Minh city. Founded by the Michelin-star Pourcel brothers, the French Pourcel Chateau Group and SonKim Land have carefully selected a handful of properties with great potential in strategic locations throughout the city. The two partners will initially launch three outlets: a gastronomy restaurant, a tea house, and a cafe.
SKL UPDATES - PARTNERSHIPS
DOT PROPERTY AWARDS
In May 2017, leading Vietnamese real estate developer SonKim Land Corporation was recognized by the Dot Property Awards as the Best Developer Ho Chi Minh City.Founded by Dot Property Group, the Dot Property Awards takes a different approach to finding each country’s leading firms, searching throughout each location for the best and brightest in the industry. This year’s awards panel boasted more than 50 years of combined real estate experience, and SonKim Land’s recognition helps to highlight its own instrumental role in Vietnam’s luxury real estate development.
SKL UPDATES - PRESTIGIOUS AWARDS
VIETNAM M&A FORUM 2017
At this year’s Vietnam M&A Forum, SonKim Land earned two significant awards for its practices, including Best Real Estate Deal of the Year 2016-2017 for its successful fundraising of USD$100 million from EXS Capital and ACA Investments as well as Company With Best Public Disclosure Practices of the Year 2016-2017 for having transparent and effective strategies and information disclosure policies.This year’s ceremony took place at the 9th annual Vietnam Mergers and Acquisitions (M&A) Forum with the theme "Seeking a Big Push.” The event was held at the GEM Conference Centre in HCMC on 10 August, 2017.
SONKIM LAND ACTIVITIES
SKL UPDATES - ACTIVITIES
COMPANY TRIP DALAT 22nd September
SONKIM LAND FAMILY 2017 JUNE, VAN THANHConnecting SonKim Land employees outside of the office in a fun and engaging way, this year’s Family Day event featured exciting indoor and outdoor activities such as a flea market, cooking competition, and music show.
THE NATIONAL OPEN AMATEUR GOLF CHAMPIONSHIP 2017SonKim Land decided to sponsor for this Tournament with main purpose of dedication to making a contribution to Golf Vietnam Association, promote the development of sports activities as well as bring a healthy & rewarding Tournament for Vietnamese Golfers.
THANH NIEN TENNIS CUPSonKim Land has recently lent its support as the main sponsor of Thanh Nien Tennis Cup’s special event. The company is proud to support sports development in the local community and across Vietnam.
SKL BLOOD DONATION 2017With the decision of holding the Blood Donation Event 2017, SonKim Land staffs would like to deliver the most precious gifts to the public in general and to the patients in particular.
“ONE HAND – WHOLE LOVE”On 17 September 2017, SonKim Land joined forces with Bao Quang Pagoda to organize “One Hand – Whole Love”, a charity initiative to distribute 100 care packages valued at VND100,000 each to elderly and poor people in Binh Thanh District. The gifts contained essentials like rice, noodles, sugar, salt, and fish sauce.
SPONSORSHIP FOR VUA A DINH SCHOLARSHIPSonKim Land is recognized as one of the enterprises contributing to the scholarship fund Vua A Dinh at “Dream Lightening 2017” event that has the attendance of Deputy President of Vietnam.
Whilst every care has been taken to ensure accuracy in the preparation of the information contained herein, no warranties whatsoever are given or legal representations provided in respect thereon. Visual representations including sketches or photographs are for illustrative purposes only and not to be taken as representations of fact or law. Interested parties should rely on the formal sale documents. The information or features relating to the units are subject to change as may be approved or required by the relevant authorities.
SONKIM LAND53-55 Nguyen Dinh Chieu Street, Ward 6, District 3, Ho Chi Minh City, Viet NamTel: +84 8 3823 1564 Fax: +84 8 3823 1574www.sonkimland.vn