Nam Long - Hankyu Realty - Nishi Nippon Railroad’s joint development agreement for Flora Anh Dao project

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The signing ceremony for Flora Anh Dao apartment project The signing ceremony for Flora Anh Dao apartment project
Nam Long Investment JSC (HOSE: NLG) has officially announced the development of Flora Anh Dao project in partnership with Japanese investors - the Project under the new product line Flora for people of middle and stable income.
Nam Long Investment Joint Stock Company (NLG) has launched a new product Flora into the market. This is a product for middle-income people with 3G criteria: Gettable (within the reach), Green (green space), Greater (life improvement).
Mr. Nguyen Xuan Quang - Chairman of the Board of Director of Nam Long said: "The market assessment for Nam Long’s EHOME targeted at people of middle and stable income is positive thanks to its careful and methodical investment.
“With Flora, we still maintain such professionalism level and pay more attention to improving product standards both rationally and emotionally to match higher income groups. However, we would like to confirm whether in case of low-priced, average or high-end housing, Nam Long products are always in affordable to the customers of corresponding segments."
Nam Long also takes this chance to announce two major investors from Japan: Nishi Nippon Railroad Hankyu Realty who jointly develop the product Flora Anh Dao, located on Do Xuan Hop Street in District 9, adjacent to District 2, Ho Chi Minh City.
Flora Anh Dao project is located in Nam Long Phuoc Long B residential area very convenient for transport and trade development with key economic regions in the South. The project is adjacent to the large infrastructure ones in key economic regions in the Southeast, and has been implemented and controlled by the government in recent years, such as Ho Chi Minh City - Long Thanh - Dau Giay highway, Ring Road 2, Thu Thiem Bridge and Tunnel, Metro Line No. 1 Ben Thanh - Suoi Tien.
From here, it takes only five minutes to drive to the center of Thu Thiem in District 2, 25 minutes to drive to the center of District 1, New Urban Area in District 7 in the south of Saigon, and Song Than, Linh Trung industrial parks...
Especially with the city’s determination to close Ring Road 2 in 2015 (phase 1), with the starting point from Phu My Bridge, District 2 through Rach Chiec Bridge (on the Ring Road 2) to D2 street near High-Tech Area connected to Hanoi Highway, the project’s profitability will increase with major investment into apartments for lease to foreign experts.
Flora Anh Dao is a 16-story building with 500 apartments located in an area of 1.1 hectares in a residential area in Nam Long-Phuoc Long B with a total area of 16 hectares. Building density is only 28 percent of the whole area.

 The future Flora Anh Dao

The project possesses prominent amenities including parking facilities, elevator systems, underground electricity, sewage treatment, fire systems, closed security systems, cable TV, telephone, video calls to connect to each apartment, along with the area’s public utilities including Japanese-style gardens, community clubs, BBQ yards, outdoor cafes, swimming pools, sports facilities, nurseries & commercial areas...
In addition, the connection with the new urban area Nam Long - Phuoc Long B has prosperously grown and brought other amenities such as waterfront ecology parks, Doi Gio restaurant... Its special advantages lie in its position in high-end real estate complex in District 9, Rach Chiec Sports Complex - one of the rare “green lungs” of the city giving more pluses to this project.
Mr. Toshihiro Matsuo - Head of Business Department at Nishi Nippon Railroad Company said, “Flora Anh Dao is a project we highly appreciate due to three factors: its location in typical high-end real estate projects in the heart of District 9; its position near the first subway in the City; its implementation by a professional investor in the development of affordable housing in Vietnam.”
It is expected that in mid-April, Flora Anh Dao will be officially open for sale with a starting price of about VND18.9 million/s.q.m with two main types of apartments with areas of 54 and 67 s.q.m.

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