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22 December 2014
EVNLand Central Joint Stock Company has officially appointed Savills Viet Nam as the exclusive sales and consultancy agent for Harmony Tower in Danang. The project provides apartments with 1–3 bedrooms in the good location near Pham Van Dong Beach of Danang, at the starting price of VND919 million/unit. With the successful sales in Danang, Harmony Tower promises to gain positive feedback from customers in Hanoi.
Harmony Tower is now on its first phase of the EVNLand Central Danang complex, developed over the land area of 13,666 m² of Lot A5 on Pham Van Dong road, Danang. The project is located a few minutes away from Han River and Pham Van Dong Beach. With 16 stories, it overlooks the spectacular view of Han River Bridge, Son Tra Peninsula and the blue ocean. Harmony Tower not only has a direct route to Danang’s CBD but also is surrounded by the nature with the peaceful atmosphere of the seashore.
Commencing since April 2010, the project has now been finalised and handed over to customers since the first quarter of 2013. 124 units are available of 1–3 bedrooms with a variety of sizes from 49–100 m² each. Harmony Tower has won the hearts of customers due to the spectacular location and modern design. The residential community of Harmony Tower is expected to grow in the near future with 100% customers receiving their properties on time.
According to Savills Vietnam research on Danang’s market, in 1H/2014 the condo market had positive movement with the absorption rate of 9%, up 4 ppts compared with 2013 due to the reasonable price of VND23.1–27.3 million/m2. The average price is VND26.1 million/m2.
Mr. Matthew Powell, Director of Savills Hanoi comments: “Danang is known as the city of holiday homes. However, recently, the apartment market segment has also got the remarkable development. With a reasonable price and good location, Harmony Tower will be a worthy option for investors in Hanoi and Ho Chi Minh City. The project is expected to be one of the first investment choices of property investors in 2015.”