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Singapore-company Candour Group launches Dormitory project in Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City Vietnam

Singapore-based Candour Group has launched its dormitory project in Ho Chi Minh City, Vietnam. Located in District 9 with a land area of 500 square metre, the 4 storey building will have approximately 1,200 square metre Gross Floor Area (GFA) and will be able to yield at least 50 loft units. The project is targeted for completion 3rd quarter of 2019 and is located near many major factories at the Saigon Hi-Tech Park (SHTP).

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Singapore-based Candour Group has launched its dormitory project in Ho Chi Minh City, Vietnam. Located in District 9 with a land area of 500 square metre, the 4 storey building will have approximately 1,200 square metre Gross Floor Area (GFA) and will be able to yield at least 50 loft units. The project is targeted for completion 3rd quarter of 2019 and is located near many major factories at the Saigon Hi-Tech Park (SHTP).

“The project uniqueness lies in the detail in the design with special attention paid to safety, ventilation and natural light,” says Daniel Chng, Co-Founder of Candour Group. “We are confident of a high take up rate based on its proximity to all the major factories.”

The project was launched jointly by Candour Vietnam with the initial group breaking ceremony held on the plot of land. “We are pleased to have the site that is close to all the major factories” says Tammie, Director of Candour Vietnam. “With the number of factories in Saigon Hi-Tech Park, the number of units available will be easily taken up.”

Recent market reports have highlighted the growth of the Vietnam property market with demand exceeding supply. Several of the properties held by the company has already escalated in value, both in land and unit cost.

[Candour Group Pte Ltd specializes in the development, management and transactions of commercial and private real estate. Headquarter in Singapore, with offices in Vietnam and Taiwan, the company prides itself with the experience of the management team and the quality of the projects it undertake].

[Candour Vietnam is a wholly owned subsidiary of Candour Group Pte Ltd. Candour Vietnam's portfolio include the management, transaction and advisory of real estate projects in Vietnam].



Send an email to Daniel Chng of Candour Group Pte Ltd
+65. 8752 5515



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