Sản phẩm bánSản phẩm thuê

HOW WILL LOTTE MALL HANOI BE VERIFIED WHEN INVESTING $ 600 MILLION?

(Updated: 8/30/2019 3:38:40 PM)

The latest photos of the Lotte Mall Hanoi project have just appeared on the internet, showing a new image of this project after being transferred from Ciputra Group. The old refrain reappears: changing powers, increasing area and ... floors!

Perspective of Lotte Mall Hanoi

A perspective image of Lotte Mall Hanoi project has appeared online

Lotte Mall Hanoi was the Ciputra Hanoi Mall project, the largest commercial center in Vietnam at the time of licensing. The investor is Nam Thang Long Urban Development Co., Ltd, a joint venture between Ciputra Group (Indonesia) and UDIC Corporation of Vietnam, wants to develop this project as part of the overall project of the Zone. Nam Thang Long urban area.

The project perspective when newly licensed

The project perspective when newly licensed

However, as a former leader of this company admitted, the development of trade centers is neither the strength of Ciputra nor UDIC. Therefore, after completing the foundation, this project has been in the state of "covering up" for nearly 10 years before returning to Lotte Group.

Serviced apartment in Lotte Mall Hanoi

Details of the transfer were not disclosed but when the project was re-registered, Lotte Group registered a capital investment of US $ 300 million. However, not long after that, the project was re-registered with an investment of up to 600 million USD. The doubling of capital has made real estate investors particularly interested because often the capital raising plans will be accompanied by changes in project objectives and functions.

With new images of the project as well as field observations, VietnamFinance noticed that Lotte Mall Hanoi has changed a lot compared to the old project, including the residence.

Basically, Lotte Mall Hanoi will be a complex rather than a commercial center, even a hotel and aquarium (Aquarium).
Lotte hotel
Currently, the construction units are actively ... breaking old nails, possibly to rebuild new foundations. An unprecedented modern and beautiful construction fence in Hanoi has also been erected.
The development of the project in a new direction will make Vuon Dao in Ho Tay district, which is planned as a low-rise construction area, will become overloaded.
It is still unclear how Lotte Group can convince Hanoi City to change such a spectacular design in the context of the West Lake area, which is famous for being the most open area in Hanoi. Internal, also began to witness local congestion.
Lotte Mall Hanoi
According to our observation, Lac Long Quan road, from Lac Long Quan - Au Co junction to Lac Long Quan - Nguyen Hoang Ton intersection, is currently having 27-storey D'el Dorado project of Tan Hoang Minh and 3 basements with a total of 402 apartments are under construction.
Another project is CapitaLand's commercial and apartment complex with 380 apartments being prepared for implementation after the project's acquisition from Hien Duc.
And now with the Lotte Mall Hanoi complex, the Lac Long Quan route, which is inherently cramped, will be overloaded in the near future, even when additional Vo Chi Cong route runs in parallel. Although it has just been put into use for 4 years, Vo Chi Cong Street is currently starting to overload and both sides of this route are also dozens of other high-rise complexes being built.
Along with Lotte Mall Hanoi, Lotte is also implementing another project in Vietnam, Eco Smart City, one of the largest projects, located in Thu Thiem New Urban Area (Ho Chi Minh City), with a total investment. up to 20,100 billion dong (nearly 1 billion USD).

Other news

Apartments for rent in Diplomatic Corps | Apartments for sale in Diplomatic Corps | Villas for rent in Diplomatic Corps | Villas for sale in Diplomatic Corps | 

0986.720.720
  • Đăng ký thuê/ mua