GGRAsia – Vietnam’s Ho Tram Strip launches sales of villas

Vietnam’s Ho Tram Strip launches sales of villas

Mar 23, 2016 Newsdesk Latest News, Rest of Asia, Top of the deck

Sales have commenced for villas in the residential component of the Ho Tram Strip casino resort development, in Vietnam, Ho Tram Project Co Ltd announced over the weekend.

The ‘Gallery Villas’ scheme includes 60 units. Each unit (pictured – image supplied by the firm) offers three bedrooms, the company stated in a press release.

The villas range in size from 800 square metres (8,611 sq feet) to 1,700 sq ms. They are set on two levels, and include terraces and private swimming pools.

Owners are also offered a membership to Ho Tram’s golf course, The Bluffs.

Ho Tram Project Co holds the investment certificate – issued by the Vietnamese government – for the Ho Tram Strip, a beachside gaming resort 120 kilometres (75 miles) southeast of Ho Chi Minh City in Vietnam.

In December, Ho Tram Project Co announced the development of a time-share condominium tower on the Ho Tram Strip.

On November 6 it was revealed that Harbinger Capital Partners LLC, the main investor in the Ho Tram Strip, had confirmed a US$50-million capital injection in the development – the second injection of that amount to have been made by Harbinger during the past 14 months. Harbinger was founded by U.S.-based investor Philip Falcone.

Ho Tram Project Co is a unit of Asian Coast Development (Canada) Ltd, the company owning the Ho Tram Strip.