Gamuda sets new standard in capital city

Benefitting the community

2015 was a particularly successful year for the Gamuda City developer (a subsidiary of Malaysia’s leading construction and infrastructure group Gamuda Berhad) after the signature township was lauded as the Best Residential Development in Hanoi at the first-ever Vietnam Property Awards in 2015, and was selected as the most-desirable premier lifestyle township by VIR readers.

These accolades served as a due reward for Gamuda Land Vietnam’s concerted efforts in giving a facelift to this once-polluted low-land area in Hanoi, and turning it into an award-winning integrated township with parks, lakes, lush foliage and exclusive facilities for residents.

The commissioning of the state-of-the-art waste-water treatment facility in Hanoi’s Yen So Park has allayed the long-running concerns over water quality, which was previously a hazard to the health of the local population.

Gamuda City has proved popular with Hanoians as a result of the developer’s strategic vision, the detailed master plan, quality in design, sustainability, and its unique core values.

Cheong Ho Kuan, general director of Gamuda Land Vietnam, said, “What’s gradually taking shape in the project site is a testament to our tireless efforts to develop Gamuda City as the best residential development in Hanoi, which is worthy of the trust from our residents, customers, and partners. This trust will further inspire and drive us forward in the development of integrated lifestyle townships in Hanoi and Ho Chi Minh City.”

Quality design for sustainable development

Gamuda City, covering 500 hectares of land contains two trade centres – Gamuda Central and Gamuda Plaza, as well as two self-contained integrated townships – Gamuda Gardens and Gamuda Lakes.

Gamuda Gardens, one of the four main components of Gamuda City, consists of more than 2,000 high-end units, including villas, semi-detached villas, terraced houses, and apartments. The first world-class products were made available on the market in April 2012, and by December 2013 the project’s first phase was finalised. In April 2014, Gamuda Gardens’ first residents opened the door of their new home. In addition to the exceptional factors in the project’s master planning and landscaping, the diversity of products and quality of design target diverse customer segments and instill confidence in customers.

One of the products most favoured by Gamuda Gardens customers is the three-floor penthouses, which feature spacious windows and a balcony, allowing plenty of natural sunlight and fresh air into the resident’s home. The basement space design with both front yard and back yard helps create a balanced fresh air circulation system for the house, while also providing private spaces where families can bond.

In the fully-detached villas, the basement consists of a living room, a dining room, a dry and a wet kitchen, in addition to bedrooms for the elderly. Meanwhile, the upper floors consist of separate bedrooms cleverly combined with common spaces such as a mini living room, and a relaxing corner for working or reading, etc.

Gamuda Gardens has earned a high reputation for its much sought-after apartments which saw their appeal in the real estate market reach fever pitch in early 2015. On the first day of its launch, 80 per cent of the units were sold, and a long queue of customers awaited the chance to become homeowners in this exclusive property. Such was the scale of the market appetite, that Gamuda Land Vietnam will launch further apartment sale rounds in early 2016.

In 2015, a series of exclusive facilities in Gamuda Gardens were completed and made available to serve residents’ daily needs. These included Singapore international schools, a world-class clubhouse with modern equipment, the vibrant commercial quarter “The THREE Central” and many other public utility works.

From commitment to proven achievements and customer trust

Looking back over Gamuda Land Vietnam’s decade-long path of development, it is impossible to ignore the company’s long-term investment commitment as well as its ethical business approach in Vietnam.

Although 2015 was a prosperous year for Vietnam’s economy generally, and the real estate market especially, “we have stayed in Vietnam long enough to have experienced and readily prepared for all vicissitudes of the economy and market contingencies. With our long-term vision and investment strategy, Gamuda Land Vietnam can consistently supply the market with quality products that have a long-term investment and usage value. We are simultaneously committed to meeting the deadline targets of our project’s commercial items,” Kuan  stated.

In December 2015, Gamuda Land Vietnam offered leases in their Le PARC prime commercial area. Covering more than 20,000 square metres, this is the first retail project Gamuda Land Vietnam has developed in Hanoi, and one of the four main components of the mega investment project Gamuda City, which is scheduled to begin operations from March 2016.

Just a 20 minute drive from the heart of Hanoi, Le PARC is a pilot project featuring modern architectural trends, green shopping areas, and a new-style approach to entertainment. Featuring a square, an outdoor performance stage, reflexology paths, a BBQ garden, a children’s playground, an events area, and an artificial island which exudes a soothing influence throughout the area. Le PARC by Gamuda promises to become an ideal entertainment venue to Hanoians.

The real estate market is showing signs of recovery, and consumer confidence is bouncing back. Also, the supply is rising as numerous projects race to resume investment after a long delay. As such, only serious investors with quality products are in a position to survive the harsh competition in the market.

“For Gamuda, opportunities are also challenges, and challenges also create opportunities for us to show our differences and prove our status,” said Kuan, who together with Gamuda Berhad has laid the foundations for the group’s success within Hanoi’s real estate market.