28/11/2023

Akari City phase 2’s topping out remains on schedule

On November 21, Nam Long, Hankyu Hanshin Properties and Nishi Nippon Railroad investors performed the topping-out ceremony of Akari City phase 2, marking the completion of the structure of the entire project as planned. 

Hold commitment on progress

The construction of the 4 towers, AK 7, 8, 9, and AK NEO with 30 floors high and 1,690 apartments began in June 2022 and has been topped off after more than 4 million hours of safe labor. The next phase is to complete the inside of the apartment and internal amenities to hand over as committed to customers in the expected Q4/2024. 

Representatives  performed the topping-out ceremony of Akari City phase 

Speaking at the event, Mr. Van Viet Son, CEO of Nam Long Land emphasized the importance of this milestone and affirmed the capacity of investment management and product development management. The project development involves reputable domestic and foreign units to ensure progress and quality standards.

Akari City phase 2 topped out after more than 4 million hours of safe work

Akari City is the 5th collaboration between Nam Long and two Japanese partners, Hankyu Hanshin Properties and Nishi Nippon Railroad. Reputable domestic and foreign units such as Ricons, FQM, Butler Associates, and Beltcollins are also involved in the project development. The aim is to create a comfortable and modern living space in Ho Chi Minh City's Western area. Investors maintaining project construction pace is positive, indicating their capacity and providing customers with confidence in their decision to own the product. 

Highlight of the real estate market at the end of the yea

Experts suggest that project progress and investor reputation are essential factors for customers to safeguard their assets after a recent period of strong market purification.

Despite the challenges in the overall market, the investor representative of the Akari City project emphasized the close coordination with partners to ensure progress and adaptability in order to alleviate pressure. 

Despite applying advanced construction solutions, modern technology, materials and equipment, Akari City phase 2 maintains competitive prices, starting from only VND 45 million/m2, combined with favorable sales policies. 

The project aims to comprehensively support homebuyers, offering flexible payment options with an initial capital requirement of 30% and bank loans of up to 65%. Furthermore, there is a grace period of 24 months. The investor also provides support with an interest rate of 7% per year for two consecutive years. These reasonable prices and practical sales policies have made Akari City a prominent trading destination in the market, achieving stable interest and consumption rates over time. Recently, dozens of Akari City apartment units were successfully traded in just one weekend morning.

Akari City stands out due to its advantageous location on Vo Van Kiet Avenue

Akari City, spanning a vast area of 8.5 hectares and situated on Vo Van Kiet Avenue, stands as the premier large-scale apartment project in the Western region. It benefits from excellent connectivity to the transportation system, allowing convenient access to the city center and neighboring districts. Moreover, each apartment cluster within Akari City is thoughtfully designed to include a comprehensive range of amenities, ensuring that residents' daily needs for relaxation, entertainment, shopping, and more are readily met.

Akari City was built with a focus on practical needs and is currently home to almost 2,000 families residing in the 6 blocks of phase 1. Within a short time of handover, the lighting rate has already exceeded 90%. The commercial boulevard located at the heart of the project has also opened for business, featuring a range of convenience stores, supermarkets, and cafes. 

With thousands of brightly lit windows every night, thoughtfully designed living spaces, and a comprehensive array of amenities, Akari City is gradually transforming into a dynamic and modern residential hub that is contributing to the transformation of the landscape in the western area of Ho Chi Minh City.

Contact information:

Website: https://akaricity.vn/

Hotline: 098 139 33 44

Source: Nam Long Group (HOSE:NLG)