NEWSLETTER Q 3 / 2 017 - E N G V E R S I O N
OUR EXECUTIVE BOARD GREETINGS Dear valued SonKim Land stakeholders, 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.
Yours sincerely,
NGUYEN HOANG TUAN Chairman
SUK JUNG, HAN (ANDY)
NGUYEN VAN KHOA, NGO
HOW SEN, TAN
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 tise in operations, management, and real estate development to the local market.
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.
Managing Director, Residential Group
Managing Director, Corporate and Services Group
Managing Director, Commercial and Hospitality Group
CONTENTS SKL HIGHLIGHTS RESIDENTIAL PORTFOLIOS • Serenity Sky Villas • Gateway Thao Dien • The Nassim • The Albany • A landed property project in Thu Thiem
GATEWAY THAO DIEN
Artist’s Impression
THE NASSIM
Artist’s Impression
COMMERCIAL PROPERTIES • Empress Tower • Indochine Park Tower • Oakwood Serviced Apartment
SKL UPDATES • SonKim Land Partnerships • Prestigious Awards • SonKim Land Activities
SERENITY SKY VILLAS
Artist’s Impression
“THIS COULD BE THE MOST LUXURIOUS RESIDENTIAL PROJECT IN THE NEXT THREE YEARS” The Luxury Magazine
Artist’s Impression
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.
AT A GLANCE • Project Name: • Developer: • Project address: • Sales Gallery: • Site Area: • Total units: • Unit type:
• Average price: SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Serenity Sky Villas SonKim Land 259 Dien Bien Phu, Ward 7, District 3, HCMC 251 Dien Bien Phu, Ward 7, District 3, HCMC 1,505m2 45 units 41 residential units and 4 commercial units A block of 17 storeys, a block of 12 storeys 1 bedroom: approx. 70m2 2 bedroom: approx. 124-137m2 3-4 bedroom: approx. 175-244m2 Penthouse: 367-500m2 Garden villa: 290m2 USD 5,000-6,000 per m2
IMPECCABLE LOCATION
EXCLUSIVE COMMUNITY
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.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Artist’s Impression
Artist’s Impression
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.
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.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
“BEST CONDO DEVELOPMENT IN VIETNAM BEST LUXURY CONDO DEVELOPMENT IN HO CHI MINH CITY” Vietnam Property Awards 2015
Artist’s Impression
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.
AT A GLANCE • Project Name: • Developer: • Project address: • Site Area: • Total units: • Unit types:
• Average price:
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
Gateway Thao Dien SonKim Land Hanoi Highway, Thao Dien Ward, District 2, HCMC 10,944m2 436 units Studio and 1 bedroom: approx. 50m2 2 bedroom: approx. 95m2 3-4 bedroom: approx. 130m2 Sky villa: from 170m2 Penthouse: 360-480 m2 USD 2,000-2,500 per m2
Artist’s Impression
STRATEGIC LOCATION
RESORT-STYLE CONCEPT
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 forthcoming An Phu metro station and surrounded by a diverse international community.
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 playground, 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
EUROPEAN STANDARDS
CONSTRUCTION UPDATE OF SEPT 2017
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.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
BEST CONDO DEVELOPMENT (VIETNAM)
The Nassim by SonKim Land & HongKong Land
2016
BEST LUXURY CONDO (HO CHI MINH CITY)
The Nassim by SonKim Land & HongKong Land
2016
“BEST CONDO DEVELOPMENT IN VIETNAM BEST LUXURY CONDO DEVELOPMENT IN HO CHI MINH CITY” Vietnam Property Awards 2016
Artist’s Impression
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: • Developer: • Project address: • Site Area: • Project description: • Unit types:
• Average price:
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
The Nassim Co-developed by SonKim Land and HongKong Land 30 Street 11, Thao Dien Ward, District 2, HCMC 6,464m2 238 units on 29 floors with 4 towers 1-bedroom: approx. 55m2 2-bedroom: approx. 85m2 3-bedroom: approx. 120-135m2 4-bedroom: approx. 150-160m2 Penthouse: 509-617m2 USD 3,300 per m2
THAO DIEN
NV AN NG
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ECOLE_ANTONIA FRENCH KINDERGARTEN
RACH CHIEC BRIDGE
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AMERICAN INTERNATIONAL SCHOOL
BRITISH INTERNATIONAL SCHOOL
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FAMILY MEDICAL PRACTICE
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WORLD-CLASS COMMUNITY
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METRO CASH & CARRY
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DISTRICT 2
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PRIME LOCATION N TRAN VA
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The Nassim’s lush, riverside location and tree-lined gardens provide residents with further privacy as well as a SA tranquil living environment in District 2’s upscale Thao Dien Ward. This is the most sought-after living environment for IG ON foreigners and young successful Vietnamese. RIV ER
THU THIEM SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
DUY
TRIN
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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.
Artist’s Impression
PRIVACY PRIVILEGE
CONSTRUCTION UPDATE OF SEPT 2017
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.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
UPCOMING VILLAS PROJECT
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.
SKL HIGHLIGHTS - RESIDENTIAL PORTFOLIOS
A LANDED PROPERTY PROJECT IN 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.
SKLHIGHLIGHTS HIGHLIGHTS - COMMERCIAL SKL
RESIDENTIAL UPCOMING
EMPRESS TOWER
INDOCHINE PARK 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.
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 - COMMERCIAL PROPERTIES
SKL HIGHLIGHTS
commercial
OAKWOOD SERVICED APARTMENT
PARTNERSHIP
EXS CAPITAL AND ACA INVESTMENT
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.
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.
SKL HIGHLIGHTS - COMMERCIAL PROPERTIES
SKL UPDATES - PARTNERSHIPS
PARTNERSHIP
PARTNERSHIP
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.
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.
GS RETAIL (GS 25)
SKL UPDATES - PARTNERSHIPS
POURCEL CHATEAU
VIETNAM M&A FORUM 2017
DOT PROPERTY AWARDS
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.
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
SONKIM LAND ACTIVITIES
THE NATIONAL OPEN AMATEUR GOLF CHAMPIONSHIP 2017 SonKim 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 CUP SonKim 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.
SPONSORSHIP FOR VUA A DINH SCHOLARSHIP SonKim 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.
SONKIM LAND FAMILY 2017 JUNE, VAN THANH Connecting 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.
“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.
SKL BLOOD DONATION 2017 With 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.
COMPANY TRIP DALAT 22nd September SKL UPDATES - ACTIVITIES
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 LAND 53-55 Nguyen Dinh Chieu Street, Ward 6, District 3, Ho Chi Minh City, Viet Nam Tel: +84 8 3823 1564 Fax: +84 8 3823 1574 www.sonkimland.vn