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The Festive Retail will add values to Garmuda Garden residents


Hanoi People’s Committee has approved the proposal on the adjustment of function of Parcel A commercial area within the masterplan of Yen So Park.

The Festive Retail will add values to Garmuda Garden residents

According to a local government source, Gamuda City will include commercial housing.

Deputy chairman of Hanoi People’s Committee Nguyen Van Khoi requested the city’s Department of Planning and Investment report on the development’s progress to the local authority and prime minister.

Khoi said Hoang Mai district People’s Committee would resolve site clearance issues in the second quarter of this year.

The gigantic Gamuda City development includes the Yen So sewerage treatment plant, one of the largest modern waste water treatment plants in Vietnam, and Yen So Park.

The entire project covers 500 hectares in the capital’s Hoang Mai and Thanh Tri districts.

The developer earmarked 73ha for the Gamuda Gardens township. According to Gamuda Land Vietnam general director Cheong Ho Kuan, a range of facilities were nearing completion and would be ready for operation in the middle of this year.

“We are offering plenty of privileged benefits for potential tenants and we will start to open registration as of March 2014 ,” said Cheong.

The club house is 80 per cent completed. “The shop houses and club house in Garmuda Gardens are two of the most significant facilities and aminities which are essential for an integrated township. These facilities are targeted to be in full operation in the middle of 2014 to add value for investment as well as Gamuda Garden’s living environment,” Cheong said.

Work is also busily under way to conclude construction on a retail centre, located next to Yen So Park and Phap Van Road. As one of the fundamental commercial components of Gamuda City project, the Festive Retail featuring 5 blocks, 56 units, is located in the proximity of Yen So Park and Phap Van road, which has been constructed up to the third floor. The Festive Retail boasts a commercial hub for not only Gamuda Gardens residents but also for others in the surrounding area.

Gamuda City is developed by Gamuda Land Vietnam with total investment capital of $3 billion. Gamuda Gardens consists of about 2,000 units including villas, semi-detached and terraced houses, and apartments with a mix of commercial facilities.

The first 364 units of terraced and semi-detached houses will be handed over by the end of March 2014.


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