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Landmark Towers sold 90% of high-grade apartments
Keangnam-Vina Company Chairman Ha Jong Suk said despite the high prices and a quiet real estate market, the Keangnam Ha Noi Landmark Towers had already sold 90 per cent of the project's high-grade apartments.
South Korea-based Keangnam Group installed the roofs on Viet Nam's two highest residential buildings in Ha Noi late last week.
Covering an area of over 46,000sq.m, the two 48-storey buildings will add 922 high-grade apartments to the market for an average price of US$3,000 per square metre.
The $1.05 billion complex features a 5-star, 70-storey hotel managed by the InterContinential hotel group, offices, entertainment areas, retail spaces, clinics and convention centres.
It was anticipated to be the country's highest building and the world's 17th highest, and the 5th largest single structure in the world upon its completion until PetroVietNam announced it would build a 102-storey project in My Dinh.
Keangnam began construction in November 2007. An astonishing 1.46 million labourers and 106 sub-contractors were involved in the construction. The average number of labourers working on the construction per day was 40,000.
In a speech delivered at the ceremony, Deputy Minister of Construction Nguyen Tran Nam said the project was one of the key strategic development projects to welcome the 1,000th anniversary of Thang Long – Ha Noi.
He also asked investors and sub-contractors to follow the commitment timeline and to ensure security.
The two towers are expected to become operational by the beginning of next year, with the hotel to open to guests next August.
The apartments are scheduled to open to residents in February.
vietnamnews
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