Somerset Feliz En Vista

About Project:

• Project Name: Somerset Feliz
• Project Company: CapitaLand Thien Duc Investment Company Limited
• Land Area            : 2.6 hectare
• No of Tower          : 04 Towers in Feliz En Vista, only 1 Tower (Somerset Feliz) is managed and operated by Somerset
• Ownership:
  •  Freehold for Vietnamese
  •  Long Term Lease Contract for Foreigner (until 2066). Converted to SPA and freehold if sell for Vietnamese. 
• Total units: 154 units, from 3a floor to 19^th floor
• 1 floor include 10 units:
  • 2BR from sqm 75 – 80 (can buy 2 units and use as Duo Key Concept),
  • 3BR from sqm 98 – 100 and
  • 4BR from sqm 160 – 200 (Net usable Area)
• Handover: Estimated by end of 2020
• Handover Condition: Full furniture (including electric items), designed and equiped under Somerset standard
• Estimated selling price : from VND 78 – 84 mil/m2 (exl VAT, net area)
• Estimated payment scheme: Up to 30% payment until end of 2020 (Not yet confirmed)
• Sales scheme: Customer buy and lease back to Somerset in 5 years for renting out as Serviced Apartment . Somerset will guarantee the rental income for buyer in 5 years (total 7% per year, based on total apartment price before VAT)