VSIP Development – The Habitat Binh Duong – Wins Property Award

Ho Chi Minh City, June 3rd, 2017 – The Habitat Binh Duong has emerged as the winner of the Best Mid-end Condo Development (Ho Chi Minh City) category, Vietnam Property Awards 2017. The award ceremony was held the previous evening at InterContinental Asiana Saigon hotel in Ho Chi Minh City.

PropertyGuru Vietnam Property Awards 2017 honors well-designed and developed projects and rewards the country’s best developers, real estate projects and design in the top-tier markets and emerging resort destinations. PropertyGuru Vietnam Property Awards is organized for the third year, highlighting the high levels of standard in quality developments across Vietnam and celebrating the achievements of Vietnam’s rapidly growing property sector. The Awards are part of the 12-year-old Asia Property Awards program.
The Habitat Binh Duong is the first residential property developed by VSIP-Sembcorp Gateway Development Co., Ltd. The shareholders are Singapore’s Sembcorp Properties, a subsidiary of Sembcorp Industries; Japan’s MC Development Asia, a subsidiary of Mitsubishi Corporation; and VSIP JV Co., Ltd, the developer of the VSIP integrated township and industrial park in Binh Duong and other provinces in Vietnam. The Habitat Binh Duong is conceived as part of the VSIP’s integrated development in response to demand from tenants and expatriate community to deliver housing and related amenities for total work, live, play environments. Since its official launch in mid-2016, The Habitat Binh Duong has also drawn the interests of the wider working population and residents in outer districts of the province.
The developer has sold out more than 90% of The Habitat Binh Duong’s 267 units. Construction has been completed for the two apartment towers as well as facilities including the club house and gym, swimming pools for adults and children, playground, BBQ pit, jogging track and open lawn. Since April 2017, apartments units have been handed over to buyers in phases.
Right from the start, the developers focused on delivering quality finishing, high construction standards and facilities that are more consistent with high-end residential developments. This could be achieved because of the experiences of its shareholders, Sembcorp and MCDA, who have delivered quality commercial and residential developments in other countries. Consultants, contractors and design agencies with strong reputations and expertise were invited to collaborate on the development, including RSP Architects Planners and Engineers, Apave, Arcardis, Construction Joint Stock Company No. 1 (Cofico), Site Concepts International and HALO Interiors and Architects.  
The Habitat Binh Duong, Best Mid-end Condo Development, Vietnam Property Awards 2017

The Habitat Binh Duong is a gated condominium development in Thuan An district, Binh Duong province. The development comprises 267 apartments ranging in sizes from 58 to 103 square meters per unit (approximate carpet area measurements). With more than 30% of the development designated for landscaping, the development strikes the perfect balance for modern conveniences and tropical oasis. The Habitat Binh Duong has the distinction of being the first residential development in Vietnam with dual-key apartments comprising two separate units within: a two-bedroom unit and a studio unit that provide owners with privacy when living with extended family members, or even as additional space for rental income. Apart from play areas and open spaces, The Habitat Binh Duong offers added security for its residents including card-controlled access to each tower and CCTV cameras in public areas.

The Habitat Binh Duong is located along Huu Nghi Boulevard within the landmark VSIP Integrated Township and Industrial Park. The development is in close proximity to the nearby AEON shopping mall, 27-hole Song Be Golf Course, MMI Montessori Kindergarten, Eastern International General Hospital and many other local attractions.
The Habitat Binh Duong’s current phase is part of a larger planned condo development.
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