Sacomreal set to sell low-priced apartments

Update: March, 13/2015 - 08:25

HCM CITY (VNS) — Property developer Sacomreal is set to offer for sale 1,290 units at its Jamona Apartment project in Phu Thuan Ward, District 7, at what is possibly the lowest price in the area.

The apartments will start at VND636 million (US$30,285).

The first social housing project in District 7 to successfully access the Government's VND30 trillion ($1.42 billion) credit package will enable buyers to get loans worth 80 per cent of the apartment value at an interest rate of 5 per cent over 15 years.

Buyers will have to pay only VND2.8-5 million ($133-238) per month.

Work on the 1.53ha project will start in early May and be completed in the first quarter of 2017. — VNS