Syrena Vietnam to officially launch Halong’s Little Vietnam in Hanoi

Built over 3.3 hectares, Little Vietnam is a townhouse project that combines business and living areas. The streets are planned to be themed and organised by business type to create a common community. Little Vietnam hopes to be a venue for weekend activities and big cultural festivals.

In the first stage of the project, the townhouses were constructed to simulate the traditional businesses of Hanoi’s Old Quarter and the historic town of Hoi An. The project will combine 109 townhouses, including 80 themed Little Hanoi and 29 Little Hoi An.

The townhouses were designed as a “town within a town” concept, with two main facades, the old Hanoi or Hoi An style and a modern style. Most of the townhouses are three and a half levels with two roofs and two fronts. The corner townhouses will have three fronts with a distinctive design. With the aim of becoming the most attractive project in the north, Little Vietnam will be ideal for living and business.

The investor is focused on creating a cultural space and bringing a unique experience to both domestic and foreign tourists.

According to Doan Quoc Huy, chairman of Syrena Vietnam, the country has many well-known tourist destinations and diverse cultures.

“We have seen the differences in architecture, lifestyle, business and cuisine from the north, central and south. So it is difficult to fully explore Vietnam on short trips. That’s why we are building Little Vietnam. This project is not only a tourist, or investment product, it is our passion to preserve and promote the cultural values of the Vietnamese people,” said Huy.

Construction was officially kicked off in July 2014, and the project is expected to finish in September 2015.

Savills Vietnam has been appointed the lead agent for the project. According to Matthew Powell, director of Savills Hanoi, with so many advantages such as design, concept, tourist potential and retail development, Little Vietnam is an attractive option for both buyers and investors, especially thanks to country’s burgeoning tourist industry.

“Through our experience with the project from the first phase and having seen the enthusiasm of the investor, we are extremely confident that Little Vietnam will soon become the most developed commercial community in Halong Bay,” said Powell.

Located in the centre of the Halong Marina, Little Vietnam promises to bring a very exciting life experience to buyers. The developer is offering a number of incentive packages to first buyers, such as committing up to VND200 million ($9,500) to supporting new businesses, a rental support programme of up to VND200 million ($9,500) for the first two years, and up to VND35 million ($1,600) for customers who sign contracts in phase one and many other special discounts for early payment.

On September 12 Syrena Vietnam JSC (BIM Group) and Savills Vietnam will officially introduce Little Vietnam at the Hilton Hanoi Opera.