Kim Oanh Group announces plans to build social housing and the opportunity to own Legacy Prime commercial apartments

On July 22, 2023, at Legacy Prime Project Sales House (Thuan An City, Binh Duong Province), Kim Oanh Group's Board of Directors announced plans to build social housing in the upcoming period. This is a new strategy of Kim Oanh Group with the desire to contribute to local governments to create more favorable conditions to own houses for a large number of workers. The event attracted the attention of a large number of newspaper reporters and television stations.

International cooperation to develop “Singapore standard” social housing

After more than a year of researching the social housing market and segment, Kim Oanh Group has completed the Social Housing and Low Income Housing Development Project with two development phases from now to 2028.

Specifically, Kim Oanh Group aims to develop 26 projects (including 23 social housing projects and 3 low-income housing projects) with a total of about 40,000 products; Total investment is about VND 31,000 billion. Phase 1, from now to 2026, Kim Oanh Group will introduce to the market 14 projects with 25,000 products. In 2023 alone, 4,800 low-rise and high-rise social housing products will be introduced to the market in Binh Duong and Dong Nai.

Kim Oanh Group's projects all meet the criteria of human-centered, aesthetically pleasing but airy design, energy saving and low operating costs. In particular, Kim Oanh Group will optimize the project development process, from design, material selection to construction to bring the perfect settlement solution for employees with quality products, full utilities but reasonable prices.

With the desire to “create ‘Singapore-standard' social housing projects for Vietnamese families”, on July 14, Kim Oanh Group signed a strategic cooperation agreement with Surbana Jurong Group. Accordingly, besides commercial projects, Surbana Jurong also joins Kim Oanh Group to develop social housing projects with the expectation that it will contribute to improving the quality of life for people living in the projects. Surbana Jurong is a globally experienced group and has been involved in the development of more than 80% of social housing in Singapore.

Kim Oanh Group currently owns more than 500ha of land in many vibrant development areas such as Binh Duong, Dong Nai, Ba Ria Vung Tau, Phu Quoc (Kien Giang) and will set aside 20% of the area to develop social housing projects. “The new social housing product line in cooperation with strategic partner Surbana Jurong will meet the 3 criteria of ‘Practical – Humane and Sustainable'. We believe that Kim Oanh Group's social housing when introduced to the market will satisfy the needs of Vietnamese people” – Mrs. Dang Thi Kim Oanh, Chairwoman and General Director of Kim Oanh Group, shared.

Preeminent policy of Legacy Prime commercial apartment project

In response to the urgent housing needs of people but the real estate price level is high, Kim Oanh Group is also developing the Legacy Prime commercial apartment project in the center of Thuan An City, Binh Duong province, with a price of only VND 900 million / unit. This is a product segment that has long disappeared in the real estate market.

In addition to the most attractive price in the market, on this occasion, Kim Oanh Group also announced a special promotion policy for customers who buy the final shopping cart of Legacy Prime. Accordingly, customers only have to pay the amount of VND 99 million to sign an apartment purchase and sale contract. Customers in need will be supported by the bank to borrow 80% of the contract value, grace period of principal up to 36 months.

And yet, customers who buy apartments are also committed by Kim Oanh Group to sublease for a period of 36 months with a maximum total value of up to VND 216 million. Customers who choose to receive housing to live in are still entitled to 50% of the rental commitment amount. In addition, customers are also given vouchers for furniture packages from 40-60 million VND (depending on the apartment); At the same time, you can participate in many lucky draws to win houses and cars with a total value of up to billions of VND. This is a solution that helps customers both have housing and a source of monthly income to spend or pay interest on bank loans.

The Legacy Prime project integrates more than 30 modern facilities such as shopping malls; schools, overflow pools for adults and children; modern gym, yoga; outdoor sports areas; outdoor BBQ area… The apartment space is harmoniously designed, optimizing usability and wide views to help make the most of natural light and wind. The completed apartment will include items such as integrated smart lock 4, An Cuong's main door and kitchen cabinets, granite cooktops, Toto sanitary ware …

At this time, Legacy Prime is being finalized in detail by Hoa Binh contractor (HBC), which is expected to hand over the house before Tet.