HCMC’s first mini-condos to be on sale in May

An artist's impression of Vinacomplex 3 mini-condos. Vinacomplex 3, Ho Chi Minh City’s first mini-condos with 19 apartments, was Tuesday announced to go on sale in May, according to project developers Vinacomlex and Hoang Anh Saigon Real Estate (HASR).

It will be sold at VND19 million (US$973.8) per square meter, according to Doan Chi Thanh, Director of HARS.

The 1,000 square meter building with five floors including a ground floor, mezzanines and a rooftop was licensed in December 2010.

The apartments are all under 30 square meters and will be viewed as any normal house for homeownership certificate purposes, Thanh added.

This kind of condos is familiar in Hanoi while in Ho Chi Minh City it is still new.

Vinacomplex and Hoang Anh Saigon Real Estate are two real estate firms based in Ho Chi Minh City.

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