PentStudio 699 Lac Long Quan Tay Ho
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PROJECT OVERVIEW

 

Project developer: CTX Holdings Construction Investment Corporation

Investor: C.T.L Investment Co., Ltd.

Interior design consultant: Kaze

Management unit: Ascott

Location: Lot B, Area D1, Phu Thuong Ward, Tay Ho, Hanoi (Lane 699 Lac Long Quan)

Total area: 2,758m2

Number of projects: 18 floors, 3 basements

Facilities: high-class modern life with restaurant, supermarket, spa, gym, yoga, indoor swimming pool, kindergarten, private garden, sky garden BBQ, rooftop bar, Social Club club , ...  

Handover: Quarter IV 2018  

Legal: Permanent pink book all apartments

Number of apartments: 321 apartments

-174 apartments for sale to Clients wishing to live in PentStudio;

-147 apartments for sale to customers.

The investor commits to sublease for 10 years, The Ascott Group operates the management.

- 6 Ambassador Penthouse

Area: 1 - 3 bedrooms (45m2 - 53 - 106m2)

 

LOCATION

PentStudio is located at Lot B, D1, 699 Lac Long Quan, Phu Thuong, Tay Ho, Hanoi. 

The project owns a prime location on the Bo Lake, located on the arterial road of the Capital. 

Lac Long Quan and Vo Chi Cong roads connect the entire transportation system in Quang An area, Nhat Tan bridge, the city center. Hanoi.

The location is in Phu Thuong - Vuon Dao ward, which has a flat topography, surrounded by lakes and rivers, and is the dragon point of Thang Long. 

The land is compared to good feng shui, natural and abundant fortune.

In addition, the economic axis north of the capital where the project is located is the most developed area today with high sustainability when the density is controlled under planning. 

This is the last expensive piece of land in Hanoi city that promises to bring advantages in transportation, connectivity as well as potential for future development.

Smooth connection and utility


From the project, it can be easily moved to downtown areas where modern education, health and entertainment services are concentrated:

 - 2km from Cau Giay district, 1.5km from the center of Tay Ho district, 4km from Hoan Kiem district and 2.5km from Ba Dinh district.

- Next to Vo Chi Cong main road to Noi Bai airport, Au Co road to the center of Tay Ho district, Lac Long Quan street along West Lake.

 - Ho Tay water park and amusement park 500m

- Next to West Lake and Red River 800m

- State agencies: police headquarters, state treasury, tax offices, social insurance, district health stations within a radius of 200m

 - Low population density, creating a quiet and airy space

 - Near the United Nations international schools on Xuan Dieu Street and Ciputra Urban Area.

GENERAL PLAN

The design unit is the famous KAZE (Japan) and won many awards in the field of real estate with the MIA Nha Trang Resort and Sailing Club Vietnam projects. 

This is one of the leading design units in the world.

Inspired by high-class hotel apartments, KAZE wants to create a perfect living space for residents of Pentstudio Tay Ho. 

The apartments at the project now have a direct view of West Lake, modern design, high-class furniture.

The most special feature that is hard to find in other projects is that the height of each apartment is increased to 5m, helping to optimize the space. 

The apartments are designed with flexible area from 75 - 205m2, 1 - 3 bedrooms.

The management and operation of well-known and professional units is also an important factor for Condotel projects.

UTILITIES

With the goal of bringing a luxurious living space, bringing a lot of emotions.

Pentstudio Tay Ho project is equipped with many advanced utilities to meet the needs of residents such as:

• 2 podium floors: Gym, Spa, Four-season swimming pool, restaurant, children's play area, virtual office, convenience store, lounge.  

• Sky Garden 16th floor: BBQ, Café, Sky garden.  

• 20th floor: High-class entertainment area, upper class club, Lounge Besides,

life at Pent Studio Tay Ho is guaranteed to be safe and private with 24/7 security system including camera, security, access control by magnetic card.

 

Product

With the advantage of an impressive height of over 5m, Pentstudio is designed with a modern style and Mezzanine promises to bring a different perfect living experience.

All apartments are well furnished, feeling spacious and full of light. Pentstudio pursues a philosophy of minimalism but ensures usability for our customers. 

2 main types of products included

Apartment Leaseback

Number of Lease Back apartments: 147 units
 Floors: From 5th floor to 11th floor
Rental period: 10 years
Management unit: The Ascott
 Rental profit: 40% revenue share
 Free full serviced apartment fee
 Pay profit once a year on April 30 every year after independent audit.
 E&Y is an independent audit unit
 Free repair and replacement of furniture and apartments for 10 years
  Became a member of The Ascott
Enjoy 15 free nights at Pentstudio every year

 

Residence Apartments


Number of Residence apartments: 174 units
Apartment floors from 12-20 are high floors
 Management unit: The Ascott
Free 10 year apartment service fee
Access to all services of The Ascott provided to the hotel.
To be handed over rough with unit price reduction of 5.5 million / m2 on the entire use area.
 Chosen interior packages according to The Ascot's standards

DEVELOPING UNITS AND BRAND MANAGEMENT

Development unit

Project development unit Vietnam Construction & Trading Investment Joint Stock Corporation - Constrexim Holdings (CTX Holdings) was established in 1982, with more than 30 years of establishment and development, reputation of CTX Holdings on increasingly confirmed by key national projects such as the National Convention Center, Da Nang International Airport Station ... With the field of civil construction products such as PVI Tower, Indochina Sapa International Hotel 5 stars, ... and hold a series of golden land in large areas such as Cau Giay, Tay Ho, Hoang Mai.

Brand management

The Ascott - the largest hotel servicing apartment management company in the world with 100% capital of Capital Land Group. Capital Land is known as Asia Pacific's largest real estate group. The Ascott brand has appeared in Vietnam since 1994 and manages three 5-star hotel brand chains: Ascott Residence, Somerset, Citadines. In particular, Ascott is the most advanced brand specializing in serving entrepreneurs in the TOP 500 businesses in the world.

In Hanoi, The Ascott currently operates 4 buildings with impressive business activities in terms of leasing. GM - The executive manager of Somerset West Point apartment system is the same GM will run Pentstudio. Somerset West Point is The Ascott's most successful apartment building with an impressive occupancy rate of 95% in 2017. The rent of this apartment is also very high due to its proximity to West Lake. The world's leading rental management system provides intangible values ​​for apartments: Aesthetic maintenance and architectural construction Provide internal utility services according to customers' own requirements Manage service system and service according to global operating standards. Control security and handle safety issues immediately. Create a civilized and high-class environment for the community

PAYMENT TIME

General policy:

• Free 10 years service fee

• Buy 2 apartments 1 for living, 1 for investment get a 2% discount

Residence Apartments:

• Buy 2 apartments in the pine dam Get 5% discount

• Customers buying residential apartments receive a rough discount of VND 5.5 million / m2 (VAT included)

total floor area.

• Customers who receive raw apartments for improvement must pay 95% in full.
Apartment Lease back:

• Customers can purchase investment in the condition of approved interest rate fix plan

Annual interest rate is 5% in USD and CĐT commits to buy back 75% of the value of the apartment in real estate

any time in USD.

• Offering 15 nights / year at Pentstudio to Lease back customers.

• Customers paying early 95% are free of maintenance fee 2%.
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