Jul 31, 2015

HAGL Apartments Up for Grabs

Apartment units at the Vietnamese mega project HAGL Myanmar Center are now open for lease to the public, the company said.

The housing units in the first section of the project are being offered to the public through a 70-year rental contract which can be renewed after expiration.

“Housing units are up for leasing now and a sales office has been opened. Customers can choose from three plans to buy units; full down-payment, one-year installment and two-year installment,” a spokesperson for the company said.

The housing units are valued at $230 per square foot with the size of the rooms ranging from 66 to 119 square feet. The housing units and the residential building will be completely built by 2017.

HAGL said its building is designed to withstand earthquakes and equipped with advanced security systems. The buildings when completed will be under 24 hour security surveillance and have comprehensive monitoring and alarm systems.

“As the HAGL Myanmar Centre is located on Kabaraye Pagoda road, it is well connected. The residents can go to the airport conveniently and will have a view of the Shwedagon Pagoda. In addition, the centre will have retail spaces where the residents can buy their day to day necessities,” Cao Duy Thinh, managing director of HAGL Myanmar, said.

The residential building, developed with a 100 percent Vietnamese investment of $440 million, will be 31 storeys high and include 660 residential units.

Source: Myanmar Business Today