PROJECT INVESTORS

Novaland Group is a joint stock company whose activities specialized in the field of Investment and Real Estate Development in Vietnam. As an investor has wealthy financial background, high reputation and firmly success in the market with several famous project: River Gate Apartment in District 4; Tropic Garden Apartment in District 2; Lucky Dragon apartments in District 9; Sunrise City Apartment in District 7; Lexington An Phu in District 2; Lucky Palace apartment in District 6; The Prince Residence in Phu Nhuan District; Galaxy 9 D and Icon56 Residences in District 4

RiverGate riverside apartment - Continuing success project of Novaland

Novaland has received a lot of great prestige awards: TOP 10 investors headed Asia (BCI Asia Awards 2013), Vietnamese strong brand in 2013, Famous Brand ASIA 2013.
While the real estate market in Vietnam is still in the recovery stage, the Novaland constantly surpriseby announcement of acquisition a series of very big projects in real estate market such as Hoang Anh Gia Lai, Intresco , Savico, Dai Hung Phu ... . Not only acquired many big projects, Novaland Group also prove its ability on selling villa, apartment and other properties. The latest results in ending months of 2014 is selling more than 1,000 apartments in just two months. It somehow surprise all the Vietnamese real estate market.
Mr. Phan Thanh Huy- General Director of Novaland Corporation: "Target of year 2015 is selling out 6.000 apartments, so we are continuing to open new projects ". As he mentioned, in 5 next years, Novaland focus in single house market. Besides the luxurious apartment products, they would change direction to popular apartment with price from 18-25.000.000 per square meter, sell out in big number and have small profit over quantity. As one head of Novaland, this popular segment is very attractive to both customers and investors.


RIVER GATE APARTMENT INFO

RiverGate riverside apartment - Continuing success project of Novaland

In the development plan for the city, District 4 will be a broadening center of Ho Chi Minh on an area of 930 hectares. This place will be a booming area of civil-commercial-industrial purposes that stands for the podium of development of regional center. In the history, District 4 is a deserted place that is separated by channel and rivers. District started to change its face and wore a new dress. People moved to District 4 and change it every day. Gradually, many commercial centers are set up and built mostly besides Saigon River, on Nguyen Tat Thanh and Hoang Dieu Street to an intended public center at Ward 1. Nowadays, District 4 is absolutely changed to be an expanding center of Ho Chi Minh City with very high quality infrastructures: commercial centers, international tourist harbor. On a privilege location, being next to business center and Ben Nghe River, District 4 is a potential place for you to buy or invest in real estate products, especial at the present.

Having a great location for transportation in District 4, River Gate Apartment will be a great choice for people who are working in Saigon Business Center. Living here, you can easily go to District 1 via Calmett Bridge and other District like District 3, District 5, District 8, 10 and 11. River Gate Apartment is supported to be the best apartment project in District 4 in 2015.


RiverGate riverside apartment - Continuing success project of Novaland

River Gate apartment designed in luxurious and modern way is a most high quality residence project in central region that Novaland is developing now. The project is a harmonious combination between offices, commercial centers and apartment into a perfect unity.

River Gate Apartment consists of two buildings from 27 to 33 high floors which area varies from 56.80sqm to 114.24sqm. After finish, River Gate Apartment is a symbol of beauty, harmony, grace and elegance beside Saigon River. All apartments hear are designed in open-air style in harmony with at least two surfaces exposed to river space.


RiverGate riverside apartment - Continuing success project of Novaland

River Gate Apartment: 151 - 155 Ben Van Don, ward 6, District 4, Tp HCM
Type of properties: Complex buildings of apartment-commercial and offices.
River Gate Structure: project includes 5 substair, 6 floors of commercial offices, 7th floor especial for all of conveniences and services for residents, and the rest are apartment from 27 to 33 floors in 2 block of buildings.
6 foot floors: 3 floors for commercial offices and 3 floors of officetel + commercial.
River Gate apartment is on area of 9600sqm
River Gate apartment ’s height: 27-33 floors


LOCATION OF RIVER GATE APARTMENT

RiverGate riverside apartment - Continuing success project of Novaland

River Gate apartment shows its central location in above map.

River Gate Apartment is located at 151 Ben Van Don Avenue, District 4. River Gate is one of the most extremely good apartment in District 4. It is located in frontage of Ben Van Don Street, at the foot of Ong Lanh Bridge, parallel to Vo Van Kiet Avenue, only 200 meters to reach commercial and financial center of Ho Chi Minh City. In the near future, when the Ben Thanh –Suoi Tien subway is going to completion stage, from River Gate apartment, you can easily go to the Eastern area of Ho Chi Minh City.
- From River Gate apartment to District 1 approximately 200meters.
- Far from Ben Thanh market 500 meters.
- Far from 23/9 Park under 300 meters
- River Gate is closed to Ben Thanh-Suoi Tien metro
- From River Gate Apartment, you can easily go to District 5, District 10 and District 2 by Vo Van Kien Avenue.
- You can also quickly go to District 7, 8, Binh Chanh and Nha Be District.


RiverGate riverside apartment - Continuing success project of Novaland

Overview of riverside area where River Gate apartment on
The location of River Gate apartment project is supported to be a “gold” location for long-term investment. Customers and investor will feel convenient for both business and residence. Hardly can you find a good apartment in the same area. In terms of wind and water, by oriental concepts, River Gate apartment is owning a prosperous place next to business center.


STRUCTURE OF RIVER GATE APARTMENT

RiverGate riverside apartment - Continuing success project of Novaland

Everything is ready for an elegant riverside River Gate building


RiverGate riverside apartment - Continuing success project of Novaland

Flat structure of River Gate Apartment


RiverGate riverside apartment - Continuing success project of Novaland

Flat structure of office in River Gate apartment


RiverGate riverside apartment - Continuing success project of Novaland

Office-tel flat structure in River Gate project



SERVICES OF RIVER GATE APARTMENT

River Gate Project is fully furnished with advanced facilities to serve the best life for all the residents living here. Customers can meet all the needs of daily living with designed services such as swimming pools, commercial shopping center, spa, gym,cafe, restaurant and many other high-end gadgets.


RiverGate riverside apartment - Continuing success project of Novaland

RiverGate riverside apartment - Continuing success project of Novaland

Shopping mall in River Gate apartment is model of wholesale and retail business model which meet the various shopping needs of almost people with a reasonable price. Opening, large in width hall facilitate the selection of favorite products of customers. Every shop in River Gate aims to diverse products for variety of customers demand. For parking? Don’t worry, you will have very big place to park your car, even the big car. Then you can go to have a rest, even after long shopping time, in food, café area. That is a truly value of a commercial center that differs.


RiverGate riverside apartment - Continuing success project of Novaland

Officetel is a new model of property product, is expected to attract more investors from the market. This model is a combination of Office and Hotel, which means that the owner has the right to both business and residence registration for his apartment Officetel. This model is attracting the attention of the market and expected to grow significantly in the coming years. Come to River Gate apartment, customers is hardly ignore the new model of Officetel on the area from 26 to 31sqm, this is the first investment options for those who prefer to buy an apartment for rent. You can design a one-bedroom apartment for staying and working. This type officetel of River Gate apartment is suitable for singles for its affordable rental rate and have sufficient utility to use, such as swimming pool, gym, shopping and dining area. You will attract big intention and have a big chance to rent you apartment out.



PRICING & PAYMENT FOR RIVER GATE APARTMENT

PROMOTION
( Applied from April 1st, 2015 to new paper issued )

1. For the customer receive basic apartment (non-furnished)
- Applied for all customers buy apartment in River Gate apartment.
- If you don’t want to receive partly-furnished package, the value of the package will be directly calculated to the selling price included VAT equivalent to 2.500.000 VND per square meter plus the using area of apartment.
- Duration to upgrade basic apartment to furnished apartment is 6 months.


2. SH motorbike present:
- Customers will be offered present of SH motorbike:
+ For apartment 1 bedroom and 2 bedrooms apartment in River Gate: 1 motorbike SH 125cc values 66.000.000VND.
+ For River Gate 3 bedrooms: present SH 150CC value 80.000.000 VND.
(Present can be directly calculated in to selling price).


PROMOTION OF RIVER GATE OFFICETEL
( Applied from April 1st, 2015 to new paper issued )

1. River gate officetel will be upgrade from basic standard to furnished standard:
- Applied to all customers buy officetel
- Duration to upgrade basic officetel to furnished officetel is 6 months


2. First year renting out commitment:
- Value of renting out for first year: 420.000 VND/sqm/month (calculating on the using area of officetel.
- Criteria of this commitment: At least 2 months from the day you receive ownership of your officetel, you have to furnish your officetel (kitchen, air conditioner, lighting system, bed, table, sofa, TV, refrigerator, desk) and handle back to Novaland to conduct commitment of renting out in one first year. You will receive you rental rate every 3 months and have to pay any tax if exist: Khách hàng nhận tiền thuê mỗi 3 tháng 1 lần và phải thanh toán tất cả các loại thuế theo quy định của pháp luật bao gồm: VAT, personal income, purchasing tax …
- Specially to customers who own officetel from 1 to 7 lot, 27 to 32 lot: if you don’t accept renting out commitment, you can ask for directly calculated in to selling price included VAT value equivalent to 420.000VND/month plus using area in 6 months.


PRICING OF RIVER GATE APARTMENT


RiverGate riverside apartment - Continuing success project of Novaland

PRICING OF APARTMENT FOR SHORT PAYMENT


RiverGate riverside apartment - Continuing success project of Novaland

PRICING OF RIVERGATE OFFICETEL


RiverGate riverside apartment - Continuing success project of Novaland

PRICING OF RIVERGATE OFFICETEL IN SHORT PAYMENT


RiverGate riverside apartment - Continuing success project of Novaland

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RIVERGATE APARTMENT

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THE PRINCE RESIDENCE

TROPIC GARDENT APARTMENT

LEXINGTON AN PHU


CONTACT

Contact us now to observe model RIVER GATE APARTMENT
143/12 PHAN DANG LUU, WARD 2, PHU NHUAN DISTRICT, HCMC
(+84)982.89.50.89      alexhoang@vietapartment.com

VietApartment.com is proud to be a strategic partner of this project in creating an open and transparent environment for foreigners to buy and rent properties in Vietnam from July 1st 2015. You, as a foreigner come to Vietnam, will have full ability to reach right, sufficient and transparent information about real estate market in Vietnam. That is the last target of all investors of big projects and VietApartment.com aim to fight for. To rent, buy, share and advertise properties, please come to VietApartment.com and together we will develop it for all people.
Thank you very much.


Foreigners have to know about property ownership law in Vietnam from July 2015

Section 159. The object owns house and housing ownership forms of foreign individual and organization in Vietnam.
1. Foreign individuals and organization having properties ownership in Vietnam including:
a) Foreign individuals and organization invest in constructing house under project form following this law and related legislation terms.
b) Enterprise with foreign capital investment, sections, office of foreign enterprise, foreign funds and foreign bank section operating in Vietnam (call shortly foreign organization)
c) Individuals have right to enter Vietnam territory
2. Foreign organization and individuals having a properties ownership in Vietnam under following forms:
a) Investment in construction house in project in Vietnam follow this Law and related legislation terms.
b) Buy, rent-buy, dedication, inherit commercial house including apartment and single house in project of constructing house investment, excluding national defense and security region as stipulated by Vietnamese Government.

Section 160. Criteria when foreign individual and organization having properties ownership in Vietnam:
1. Towards organizations and individuals specified in point a, paragraph 1, section 159 of this Law must have the certificate of investment or housing construction in project in accordance with the provisions of this Law and related legislation terms.
2. Towards foreign organization specified in point b, paragraph, section 159 b of this law, there must have investment certificates or documents relating to the permitted activities in Vietnam (hereinafter referred to as the investment Certificate) issued by the competent officers of Vietnam Government.
3. Towards foreign individuals specified in point c, paragraph 1, Section 159 of this Law must be allowed to enter Vietnam territory and not entitled to the privileges, immunities of diplomatic, consular prescribed by law.
4. Government regulate certificate in detailed proof of the object, condition of foreign organizations, individuals are entitled to properties ownership in Vietnam.

Section 161. Properties Ownership rights of foreign organizations and individuals
1. Foreign organizations and individuals specified in point a, paragraph 1, section 159 of this Law are having the rights of properties ownership in accordance with the provisions of section 10 of this Law; In case building on leased land, foreign organizations individuals only have rights to lease.
2. Foreign organizations and individuals specified in point b and point c, paragraph 1, section 159 of this Law having all the right of properties ownership as much as Vietnam citizen but must comply with the following provisions:
a) Have rights to buy, to lease, donation, inheritance and ownership not exceed 30% number of the apartments in a building; for the single houses including villas, ranging houses, foreign organizations and individuals have rights to buy, rent, donation, inheritance not exceed number of 250 properties within a region equivalent of a ward-level administrative units.
In some region with a population equivalent of a ward-level administrative unit that has many condominiums, single houses on one street, the Government shall specify the number of apartments, number of single houses that the foreign organizations and individuals have rights to buy, lease, donate, inherit and own;
b) In case, organizations and individuals are dedicated, donated out of provisions of point b, paragraph 2, section 159 of this law or exceed the number of properties specified at this paragraph a shall only own the value of this properties;
c) Foreign individuals own properties as agreement in the contract of sale, rent, donate, inherit transaction not exceeding 50 years from the issued date of certificate and can be extended under the provisions of the Government if required; properties ownership period must be specified in the certificate.
In case a foreign individual gets married to a Vietnamese citizen or get married to a Vietnamese living abroad, have ownership rights in stable, long-term and the rights of properties ownership right as Vietnamese citizen;
d) To foreign organization own the properties following the contract of sale, rent, dedicate, inherit transactions not exceeding the time limit stated in the certificate of investment of that organization, including extended period of time; properties ownership period is calculated from the date of the certificate and stated in this certificate;
đ) Before the expiration date of properties ownership in accordance with the provisions of this Law, the owner can donate or sell this properties for the subjects able to own properties in Vietnam; If exceeding the deadline of ownership and the owner does not sell or donate, this properties will be owned by the state.
Section 162. Obligations of the property owner who are foreign organizations, individuals.
1. Foreign organizations and individuals specified in paragraph 1 of Section159 of this Law shall have the obligations of properties owners in accordance with the provisions of Section 11 of this Law.
2. Foreign organizations and individuals specified in points b and c, paragraph 1 of Section 159 of this Law shall have the obligations of properties owner like Vietnamese citizen but comply with the following provisions:
a) Foreign owners have rights to lease properties to use for purposes not prohibited by law, but prior to rental properties, the owner must provide written notice of the rental to administrative authorities in the district where properties in, under the guidance of the Ministry of Construction and pay all the tax accordance with the provisions of this law.
In case foreign individual gets married to Vietnamese citizen or Vietnamese living abroad have obligations as well as Vietnamese citizens;
b) For owners are foreign organizations use properties to arrange place for people working in that organization only, not use for rental housing, office or on other purposes;
c) Conduct payment for the selling, renting properties through credit institutions operating in Vietnam;

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