Hoang Quan markets Cheery 3 condo project
18-09-2012
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Covering a total area of nearly 12,000 square meters, the project in Xuan Thoi Dong Commune has a 17-storey apartment building plus a commercial section with total investment capital of VND650 billion. It is set for completion in the third quarter of 2014 with 721 condos of 50-80 square meters priced from VND625 million a unit.
Target customers of the housing scheme are low- and middle-income people, so the company applies an installment plan. Buyers can take out loans accounting for up to 70% of a flat’s price from BIDV over a period of 15 years.
The Cheery 3 Apartment is developed by Hoc Mon Trade JSC as part of the overall 25-hectare plan “Residential area - Hoc Mon wholesale agro-product and foodstuff market” but Hoang Quan has recently purchased a majority of the project.
Hoang Quan is also the project owner of Cheery 1 in District 2 and Cheery 2 in District 12.
