district9 land for sale proposal 30 11 12
DESCRIPTION
ÂTRANSCRIPT
Offer For Sale
LAND PARCEL SUITABLE FOR COUNTRY–CLUB STYLE OF DEVELOPMENT
District 9, Ho Chi Minh City, Vietnam
Content 1. Land Size
2. Current Offer Price
3. Location – Location – Location
4. Comments on Infrastructure Development Progress
5. Recommendations
6. Next Steps
7. Contact
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Land Size • 56,456m2 currently.
• Additional Purchase to bring it up to 100,000m2 (10ha) @ same price subject to agreement on acceptable timeline (e.g. within the next 12 months?).
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Current Offer Price
Being offered @ 5m VND/m2 inclusive of:
• All taxes including zoning upgrade from rural to commercial.
• Suitable Zoning and Building Permits for Country–Club Development.
(1USD = VND21,000)
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Location – Location – Location
River front with excellent access via new expressways and river transport.
Distance in km:
• From District 1. HCMC, Thu Thiem Tunnel:…..........................20km
• From Tan Son Nhat International Airport:…….…….……...32km
• From Expressway Access – being built:………….…….……620m
• From New Long Thanh International Airport:….17km
• From the nearest Metro Stop at Suoi Tien:……………….…….14km
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REGIONAL ROAD NETWORK
HCMC – Long Thanh – Dau Giay Expressway
Ring Road Network
Land Location
Location – Location – Location Estimated Travelling Time By Car
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From Currently When the
Expressway Completed
District 1 – Thu Thiem Tunnel 45 mins 10 mins
Tan Son Nhat Airport 60 mins 25 mins
Expressway Access – being built Less than 05 mins
New Long Thanh International Airport 30 mins 15 mins
The nearest Metro Stop at Suoi Tien 30 mins 15 mins
Comments on Infrastructure Development Progress
Taking into account the current economic climate and constraints on public finance in Vietnam, completion dates for key infrastructure projects that have a direct impact on the land attractiveness, are estimated as follows:
• Ho Chi Minh City – Long Thanh – Dau Giay Expressway
• New Long Thanh International Airport
• Metro System
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Comments on Infrastructure Development Progress
Ho Chi Minh City – Long Thanh – Dau Giay Expressway
Passing thru the Project Location (fronting access road of 620m to Expressway) and 55km in length, linking HCM city to the new international airport at Long Thanh and other expressways, railway lines and major ring roads (1, 2, 3 and 4) around HCM City.
– Starting Date: 10/2009
– Planned Completion date (currently): 2013
– Worst Case Scenario: 2014
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Comments on Infrastructure Development Progress
New Long Thanh International Airport
On 5,000ha with 100m passenger capacity, to replace the current Tan Son Nhat International Airport.
– Starting Date: Phase 1 in 2015 with 2 landing lanes, accepting Airbus A380
– Planned Completion date (currently): 2020
– Worst Case Scenario: 2025 – 2030
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Comments on Infrastructure Development Progress
Metro System
Part of the HCM City Metro Network planned.
First Metro Line in HCM City, 20km long, linking downtown Saigon to Vietnam’s largest Suoi Tien Entertainment Park with 13 stops, up to 500,000 passengers/day in 2040.
– Starting Date: 28/08/2012
– Planned Completion date (currently): 2017
– Worst Case Scenario: 2020
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Recommendations! Highly recommended for river front location and ease of access via expressways, river transport, at around the current Offer Price @ VND5m/m2.
If agreeable then,
• Negotiate and present Conditional Offer @ 5m VND/m2 subject to Due Diligence and acquisition of additional adjacent land @ same price.
• Complete Due Diligence on: – Ownership and Titles.
– Land Clearance/No Squatters.
– Zoning.
– Building Permit.
– Canal Dredging to remove mud on low tide.
– Direct Access to Dong Nai River.
– Expressway – Long Thanh/Dau Giay Definite Completion Date.
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Next Steps Extensive Site Visit Check by
Development Experts.
Meet Planning Authorities of District 9.
Meet Owners – Principal Partner, Mr. Nguyen Cong Khe.
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Mr. Nguyen Trung Truc
Chairman – Vietta Company Ltd.
Email: [email protected]
Phone: +84 909 772 208
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