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Landmark Landmark Investment Opportunity for International Developer - Major Mixed Use Development Project over 85,000 m2 GFA with two 32 level towers suitable for Shopping Mall, Commercial Office tower, Hotel, Residential or Serviced apartments - Saigon, Ho Chi Minh City, VIETNAM - For mor information email: [email protected]
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Si f M j Mi d U D lSite for Major Mixed-Use Development7 Le Duan Street, District 1, Ho Chi Minh City
Proposal for Investment
All enquiries contact: Thomas HoferAll enquiries contact: Thomas Hofer Managing DirectorThomas R Hofer & AssociatesEmail: [email protected]
Location Map
Project site
Petro Tower
Diamond Plaza Kumho
Asiana
Saigon Riverside
P l ’
Madonna Church
Opera HousePeople’s
ComitteeHouse
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Location
Petro TowerUniversity
HCMC Television
Project site
University
~128m
56m
S iSaigon CenterSofitel
hotel
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• Prime location, the existing Government Office and Southern Representative Office.• Adjacent to the Petro Tower and near established hotels and office towers.
Current status
• This land is the existing office building of Government Office –• This land is the existing office building of Government Office –Southern Representative Office. This office is currently vacant.
• Land lease for site of 50 years.• Seeking foreign investor to develop a major mixed use
development project that may include a shopping centre, d/ 5 t h t l d/ ffi b ildi d/ i dand/or 5-star hotel, and/or office building and/or serviced
apartment.
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Development Plan
• Complex development on a site of 7,128 square metres.• 4-storey podium for retail footprint 65%4 storey podium for retail, footprint 65%• 2 block towers ranging from 28-32 storey, footprint 35%.• Plot ratio 12 times. (above ground & excluding basements)
T t l GFA 85 536 t• Total GFA = 85,536 square metres.• 2-3 levels for basements (excluded from GFA).
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The offer
• Seeking a foreign investor to lease the site for 50 years in order to d l j i d d l t j tdevelop a major mixed use development project.
• Land value:
7 128sqm x USD12 000/sqm = USD $85 536 0007,128sqm x USD12,000/sqm = USD $85,536,000
(Price includes third party consultancy for obtaining approval for the investment license, Land Use Rights Certificate (LURC) for
100% foreign ownership, construction license, and clearing the site but excludes the 2% commission payable to Colliers International)
• Foreign investor must present company profile with good track record and financial capacity (further detail to be provided in the MOU /
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and financial capacity (further detail to be provided in the MOU / consultancy investment contract).