Nam Long successfully introduces AK NEO tower, recording revenue of 600 billion Dong

HO CHI MINH CITY, September 24, 2023 - On the morning of September 24th, Nam Long Group (HoSE: NLG) officially introduced the condominiums at AK NEO Tower - the final tower of the Akari City Phase 2 project. The event attracted approximately 500 attendees, with estimated pre-sales revenue reaching 600 billion dong.

Nearly 500 participants at the launch event of AK NEO Tower

Akari City is Nam Long's fifth partnership with two Japanese partners, Hankyu Hanshin Properties and Nishi Nippon Railroad, who have over a century of experience. The project is situated on Vo Van Kiet Boulevard, a major thoroughfare that is approximately a 20-minute drive from District 1's city center. The location provides easy access to neighboring districts via existing transportation routes.

The project spans a total area of 8.5 hectares and is being developed in three phases, offering around 5,000 standalone apartments (Flora Condominiums) to the market. Phase 1 of Akari City has already been completed and has welcomed almost 2,000 families to their new homes. Akari City Phase 2 is currently under construction and has reached up to the 24th floor, adhering to the overall plan.

An enhanced version for modern and sophisticated living.

AK NEO is the final tower of Akari City Phase 2, located in the prime position within the project. It is adjacent to the spacious 2,500m2 Light Square, connecting to the main commercial boulevard that houses a range of convenient stores, supermarkets, restaurants, and more. It is also just a few steps away from the Ngô Thời Nhiệm inter-level school.

Inheriting the advantages of Akari City's strategic location and meticulous planning, AK NEO offers an exceptional living space with improvements in design and handover standards. Every detail of improvement is designed based on the daily needs of residents, such as increased storage space in the kitchen area and the addition of practical household items. This creates a modern and sophisticated living experience.

Most customers highly valued Akari City’s location

AK NEO's competitive pricing, with options starting from VND 3 billion for a two-bedroom unit, and a payment policy that allows for a 30% down payment split into multiple installments until handover, is one of its main attractions. Banks support loans up to 65% of the product value, and customers enjoy a fixed interest rate of 5% for 24 months.

Nguyen Anh Minh shared that he was very impressed with the internal utility system when he visited Akari City Phase 1 in person. The project's location on the Vo Van Kiet axis is convenient for daily commuting, which led him to choose an AK NEO apartment as his family's new home. He also noted that the project's price is quite reasonable compared to other projects he had researched.

AK NEO is a new version with many improvements

The end of the year sees a 'warm breeze' for the real estate market.

Not only does AK NEO provide quality apartment supply that meets the actual demand in Binh Tan - a district with a fast urbanization rate and the highest immigration rate in Ho Chi Minh City, but it also marks the starting point of Nam Long's real estate race in the last quarter of 2023.

In Q4/2023, Nam Long will also introduce limited units of Flora condominiums in Flora Panorama project, The project is completed with a well-equipped utility system that meets the demand for immediate residence or rental profit.

Nam Long also introduced Grand Villas in The Aqua compound, Aquaria and European-style compound Park Village in Waterpoint township.

In the social housing segment, Nam Long will sell over 500 EHome Southgate apartments in Long An with prices starting from 1 billion dong/50m2, and 1,602 apartments in Nam Long II Central Lake project, including 320 commercial apartments for sale, 962 NOXH apartments for sale, and 320 apartments for rent or rent-to-own.

Besides sales strategy, Nam Long maintains its brand reputation by keeping their commitment to progress and quality at all projects and urban areas. They also collaborate with multiple strategic banks to implement practical financial solutions and accompany homebuyers.

According to analysts, the real estate market will have a significant transformation from the end of Q4/2023 due to the synergy between state policies, lowered lending rates, and accelerated disbursement of public investment.

The return of major investors is a positive signal that contributes to boosting supply after a long-term congestion. Projects with reasonable prices and flexible payment policies that meet actual demand are considered an important driving force for a more balanced and sustainable market development.

Contact information:

Website: akaricity.vn

Phase 2 landing page: akaricity.vn/giaidoan2/

Hotline: 098 139 33 44

Source: Nam Long Group (HOSE:NLG)