The View Riviera Point, Ho Chi Minh City, Vietnam Riviera Point is a Joint Venture project undertaken by Keppel Land and Tan Truong. It is located at 584 Huynh Tan Phat Street, Tan Phu Ward, District 7, HCMC. The tenure of land is said to be Freehold for Vietnamese and 50-years ownership for Foreigners. The estimated date of completion is said to be 2019 or earlier. The site area is 12,700 sqm however it will be subject to final survey. Total number of units will be 518 units, 3 Towers (6, 7, &8), 39-40 floors. The Architect/Designer are DP Architect, Singapore / Ong & Ong, Singapore.
For Keppel Land property development is a life-touching and life-transforming business. Their mission is to help build lives, make dreams come true, give a shape to landscapes and in the process of doing so, set a new standard of quality living, the one that is sustainable and answers modern urban needs. They live by and are highly motivated by their commitment to build a better future, thus they challenge themselves to continuously think and view things from an angle that is different from others. This unwavering approach of theirs has helped them to establish a portfolio of highly popular and award-winning properties that are spread across Asia.
Tan Truong has designed refreshing and green residential spaces in the mid of District 7. Their project Phu Thuan Villas has received strong recognition from residents and investors alike. The superior level villas and contemporary apartments were influenced by sleek Korean designs, giving the area a flawless, sharp and dynamic feel. The company is a rising property developer with a strong reputation that is completely based on trust and satisfaction and is highly committed to creating distinctive properties.
Keppel Land , as a pioneer and one of the largest real estate investors in Vietnam, they continue to set high benchmarks in terms of quality, modernization and innovation with developments such as Villa Riviera, The Estella and Saigon Centre. The company remains focused on providing urban living solutions through their core businesses of property development and property fund management. At Keppel Land, they call this ‘Thinking Unboxed’
The View Riviera Point, Ho Chi Minh City and Vietnam Riviera Point provides a 500 metres front view of the Ca Cam River and will mark 2,400 waterfront apartments, amusement and recreational facilities while offering luxurious waterfront. This will be living right next to the commercial centre of Phu My Hung, an entrenched residential township sector.e developments in the Vietnamese real estate market.
The indication price for Tower 6 starts from 37 mil psm per US$ 1,650 psm. This rate is based on central wall area. Other Taxes that the buyer will have to bear the cost of is Sinking Fund / Maintenance Fees that means 2% of apartment selling price before VAT; Value Added Tax (VAT) would be 10% of apartment selling price (excluding sinking fund); Registration Tax for Ownership Certificate would be 0.5% of apartment value; Personal Income Tax (Resale) that would be 2% of transacted value; Personal Income Tax (Rental Income) that would be 5% VAT & 5% Personal Income Tax on revenue; Business License Tax that would be VND 1 million per year and that is if rental income exceeds VND 1.5 million per month.
On-going Costs would include Management Fee is est. VND 17,000 psm per month which would be excluding VAT and would be based on inner area; Car-parking fees is estimated to be around VND 850,000/lot/month excluding VAT; Motorbike parking fee is estimated to be VND 150,000/lot/month excluding VAT; Sinking Fund is 2% of Apartment Selling Price which is excluding VAT.
The Tower 6 is Fully Fitted and will have finished flooring; Painted Wall finish; Doors finishes; bathroom sanitary wares and fittings finish; water heater; kitchen cabinet; kitchen appliances and fittings like sink, cooker hob, hood; air conditioners and video intercom. While Tower 7 is bare finished and will have Concrete Flooring; wall with plaster and skim coat; Main door; Switches, Socket and Video intercom.
The View is perfect to experience complete riverfront lifestyle living that you always wanted. It will be an experience worth every penny.
The View Riviera Point is located in a close vicinity to four international schools, the Royal Melbourne Institute of Technology, Franco-Vietnam Hospital, established commercial buildings and restaurants in Phu My Hung. The buildup will feature residential towers above a podium, infinity pools which will be overlooking the river and the commercial centre of Phu My Hung. A retail and food and beverage belt will be developed along the river promenade, allowing a high level elegant dining.
Riviera Point in front of Ca Cam river, 584 Huynh Tan Phat street, Tan Phu wars, district 7, Ho Chi Minh city (Sai Gon). With such a critical location, any person who lives in Rivera point can come to work, to school and trading center very easily. It will be just 3 minutes to Phu My Hung urban, international school, just 2 minutes to District 7 Communities, District 7 police office, 15 minutes to Ho Chi Minh center and 15 to Thu Them which is a new center of Ho Chi Minh city. Besides, at Riviera Point, the resident can go to Mekong Delta throught Nguyen Van Linh avenue Ho Chi Minh – Trung Luong highway or go to Bien Hoa city, Vung Tau beach, Phan Thiet through Ho Chi Minh – Long Thanh – Dau Giay highway.
It is at a convenient location for children too. The View is just 5 minutes to Rmit international university, Dinh Thien Ly hight school, Japanies international school, Korean international school. Take a look at this:
Bank: just 5 minuts to ACB, Sacombank, Vietcombank, Agribank, Techcombank.
Office building: just 5 mnutes to Petroland Tower, Vinamilk tower, Phu My Hung trading center.
Super market and commercial center: Just 3 – 5 minutes to Crescent Mall, Vico City, Co-op mart, Lotte Mart, Viet-opia.
Hospital: just 3 minutes to Tam Duc hospital, French – Viet hospital, District 7 general hospital.
Besides this we have got cafe, restaurant, hotel, fast food around Riviera Point. The View is at 3 minutes to Phu My Hung Township, an established expatriate community with restaurants, supermarkets, International hospitals, financial institutions and renowned international schools in Ho Chi Minh City.
Also, it is within 15 minutes to District 1, the current Central Business District; within 20 minutes to District 2 via Phu My Bridge, another established expatriate community. Hence lifestyle eateries and entertainment are at its doorstep. Moreover, The View is in the area which is surrounded with international educational establishments such as Korean, Japanese and Taiwanese International School, Canadian School, Saigon South International School and Royal Melbourne Institute of Technology (RMIT University). The View is within walking distance to Big C and short distance drive to Lotte Mart, Crescent Mall, and Vivo City. Hence, the residents will discover a vibrant locality encompassed by a host of shops, cafes and recreational facilities that make living here at the riverside more augmenting and fulfilling right in the heart of District 7.