Upholding progress at Mizuki Park, Nam Long continued to topping off Flora Mizuki MP9-10 and Flora Panorama.

After handing over Immediately Flora Mizuki MP6-7-8 apartment complexes at the end of last year, Nam Long continued to simultaneously top up the Flora Mizuki MP9-10 and Flora Panorama two component projects of Mizuki Park Integrated Township at the beginning of this year.

Maintain velocity, ensure delivery plan.

Started in the Q4/2021, after nearly a year of expedited construction, the condominium complex Flora Mizuki MP9-10 was topped out on schedule. At the same time, 3 blocks of Flora Panorama, with the most beautiful location in Mizuki Park integrated township and a panoramic view have been topped out after only 9 months of construction. The investor representative said that, right after the topping-out ceremony, Nam Long will continue to work closely with the general contractor Newtecons, consulting company Artelia… to complete the remaining items including landscape, interior, facilities, etc. Flora Mizuki MP9-10 and Flora Panorama into operation in accordance with commitments to customers, expected in the fourth quarter of 2023.

Topping out ceremony for Flora Mizuki MP9-10 and Flora Panorama held by the investor and general contractor on January 12, 2023.

Besides marking an important milestone of 70% project completion, topping out of multiple apartment buildings prior to Lunar New Year also proves Nam Long’s capacity and reputation in project development. This is also considered a positive sign for the real estate market amidst challenges. Mizuki Park is a pioneering integrated township developed by Nam Long and strategic partners from Japan, Hankyu Hanshin Properties and Nishi Nippon Railroad, which have more than 100 years of experience. After more than 5 years of announcement, Mizuki Park is gradually becoming a worthy residence in the South of Ho Chi Minh City with modern and constantly improving facilities, a Japanese-style green living environment that include canal park, walking trail, swimming pools, sports complex, indoor and outdoor children's playgrounds… More than 3,000 products of Mizuki Park integrated township have been delivered, and a sustainable community has been established with more than 12,000 residents.

Residents’ favorite corner in Japanese island, Mizuki Park.

Nam Long’s proven reputation in project development

Looking back at the fluctuating market in the second half of 2022, Nam Long was one of a few businesses that still maintained velocity and a clear handover plan in 2023-2024 for ongoing projects: Mizuki Park, Akari City, Waterpoint, etc. In particular, Nam Long is expediting the progress of villa compound The Mizuki, and the shopping center Marina Square.

Strong project development capacity is one of the key factors helping Nam Long uphold the leading position in the domestic market.

At Akari City, Nam Long completed the basement in phase 2 on time under supervision of leading companies in the construction and real estate industry such as Ricons, Bulter Associates (Australian, general planning), Beltcollins (Hong Kong, landscape consulting, etc.

At the largest integrated township, Waterpoint 355ha, Nam Long also strictly follows the timeline for component projects including Aquaria, EHome, Southgate phase 2 (topped out), EHome Southgate phase 3 (footing), etc. At the same time, construction of facilities in the township are also expedited such as EMASI bilingual school, walking trail and cycling trail.

In January 2023, Nam Long also finished topping out Izumi City (Dong Nai Waterfront) on time. Commitment to project planning is Nam Long’s priority throughout development. The comprehensive partnership with international corporations is not only for capital but also for capacity, experience in administration, operation, project development as well as product development orientation, serving customers with real needs, helping Nam Long maintain its position on the market and face challenges.

In 2023, Nam Long expects to supply thousands of affordable housing products in HCMC and other provinces like Long An, Dong Nai, Can Tho, etc.

Source: Nam Long Group (HOSE: NLG)