On December 8, main contractor Fountech and Gamuda Land Group held a groundbreaking ceremony for the luxury apartment project Eaton Park located at Mai Chi Tho Street, An Phu Ward, Thu Duc City.
Mr. Angus Liew, Chairman of the Board of Directors of Gamuda Land Vietnam, said during the ceremony: "Eaton Park is poised to emerge as one of the most eagerly awaited projects, set to debut in the second quarter of 2024. We're ecstatic. Anticipating a thorough and protracted collaboration with Fountech and all other business associates to achieve exceptional benchmarks of quality in this undertaking. I anticipate us to work hard to develop and offer the same value that we have returned to the communities of Vietnam and Malaysia, given our recent success as the #1 Leading Real Estate Developer in Malaysia."
Mr. Teoh Chin Sang - Eaton Park project director - said that Eaton Park is Gamuda Land's first high-end project in the eastern area of Ho Chi Minh City. Notably, the project will launch in the second quarter of 2024.
Eaton Park is a project acquired by Gamuda Land in July 2023 with a deal value of over 315 million USD (more than 7,000 billion VND) and is also the third consecutive successful million USD deal in Vietnam. of the project developer from Malaysia.
Gamuda Land will invest in 6 37-39-storey towers, providing nearly 2,000 apartments in An Phu ward, Thu Duc City, contributing to increasing the apartment supply in Ho Chi Minh City amid the housing thirst.
Gamuda Land's presence helps improve the quality of life for residents in the surrounding area with investments in infrastructure, road and landscape upgrades, to comprehensively improve aesthetics and accessibility. develop the area surrounding the project.
The investor also orients this apartment product to be in the high-end segment, targeting high-income foreign families and medium to high-income Vietnamese people.
In particular, Eaton Park also has convenient connection to the city center through the main road system. In the future, when the city's two major metro lines are deployed and put into operation, it will further optimize convenience for residents and is expected to boost real estate values.
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