Vingroup has just given a new trade mark - the VinCity brand, Vingroup has officially attacked low-cost housing segment in 7 cities with the average prices of 700 million /unit.
The project of VinCity will be planned closed model as the same Vinhomes: Vinhomes Riverside Long Bien is an example.
On December 3rd in Hanoi, Vingroup officially launched VinCity – the public real estate brand. The born of the VinCity brand marks the comprehensive development of Vingroup in real estate market with brands: Vinhomes - senior housing, Vincom - commercial real estate, VinCity - middle range housing and Vinpearl - resort real estate.
With an average price of 700 million/unit, VinCity still converged fully core values of the real estate projects developed by Vingroup are quality - sync - utility. Similar to projects of Vinhome, the projects of VinCity will also be planned urban closed model with a synchronized infrastructure and services, including health care, education, entertainment, shopping, ... Vingroup continues to provide professional management services such as security, environment, ...
In the first period, VinCity will be implemented simultaneously in seven provinces and cities including Hanoi, Hung Yen, Hai Phong, Thanh Hoa, Ha Tinh, Nha Trang and Ho Chi Minh City. In Hanoi and Ho Chi Minh City, projects of VinCity will be built in the suburban districts to establish satellite urban areas, to reduce the concentration of population and to avoid traffic jams. In the next 5 years, Vingroup is also planning to build 200,000 to 300,000 apartments named VinCity with the purpose is bringing a convenient of many people.
With the launch of the average home brand, Vingroup became Vietnam's leading property developers, had comprehensive activities on all market segments. If Vinhomes residents enjoy an exceeded standard of life which combines between residential real estate system with high standard services, the VinCity future residents will get a quality - sync - utility life with the most suitable prices.
Mr. Le Khac Hiep, Deputy Chairman of Vingroup said that “By heavily investing to build the projects of VinCity, we look forward to contributing to change the urban face and Vietnam will gradually have beautiful and modern cities as the big cities around the world. In particular, through VinCity, we wish to bring modern, safe homes to the middle income customers”.
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