AKARI CITY

01. Location

The Akari City project is built on the gold location in the Binh Tan district, when the facade is located on Vo Van Kiet Boulevard, close to the intersection of Ho Ngoc Lam Street.

Vo Van Kiet is considered one of the most beautiful boulevards in Vietnam with clear traffic density. From the location of the project, it is extremely easy for customers to move to nearby areas such as:

- It takes 5 minutes to go to Binh Dien market.

- Move to Phu Dinh port in 3 minutes.

- With only 6 minutes driving, you will get to Phu Lam Park, Trieu An Hospital and the old Western Bus Station.

- To Cho Lon market, the center of District 5 with only 9 minutes.

- With 7 minutes, you have reached the Ten Lua zone.

- Enter Ben Thanh market, the center of District 1 with only 15 minutes.

- To the center of the new Thu Thiem urban area in District 2 with a 20-minute drive.

- Move to neighboring districts such as District 5, District 6 with 5 minutes, Tan Phu, Tan Binh in 15 minutes, and District 4 and District 7 it takes about 30 minutes.

- Adjacent to major boulevards such as Nguyen Van Linh Boulevard, Saigon-Trung Luong Expressway, East-West Highway with less than 10 minutes.

Possessing the most beautiful location in the center of Binh Tan district, Akari City Nam Long will create favorable conditions for residents to move to the surrounding area without worrying about congestion, dust, flooding and make sure that it does not take too much time to travel.

02. Project detail info

Project name: Akari City
Stages of development
- Akari City phase 1
  - Block D Akari Hoang Nam
  - Land area: 35,882 m2, number of apartments: 1,862 units.
- Akari City phase 2
  - Block F Akari Hoang Nam
  - Land area: 26,528 m2, number of apartments: 1,690 units.
  - AK NEO tower: 338 units
- Akari City phase 3
  - Block E Akari Hoang Nam
  - Updating …
Address: 73 – 77 Vo Van Kiet, An Lac Ward, Binh Tan District, HCMC
Investor: Nam Long Group – Hankyu Hanshin Properties Corp – Nishi Nippon Railroad
Total area: 8.5 hectares
Type of development: Flora Akari apartments, Shophouse apartments, officetels, etc
Construction contractor: Coteccons (Phase 1), Ricons (Phase 2)
Building density: 33%
Status: Phase 1 (September 2021), Phase 2 and 3 are under construction.
Internal facilities: Private swimming pool in each phase, commercial center along 42 m avenue, sports ground, Clubhouse, Gym, Yoga, Japanese garden, children's play area, library, etc
Estimated selling price: From 36-48 million VND/m2
Sales policy: Vietinbank, Hongleong Bank, Vietcombank, ACB, BIDV, OCB, Shinhanbank provide 65-70% loan, for 25 year period, stable 5% interest rate for the first 2 years (Principal support for the first 2 years).
Handover: Basic finishing according to Flora standards and Flora Plus lines, etc
Legal: Vietnamese people own long-term. Foreigners own 50 years.

03. Project Amenities

In addition to material facilities, spiritual life is constantly being upgraded. The pace of urban life always makes people mentally tired. Akari City’s residents wish that after returning home, they have the best relaxing moments.

The Akari City is always available with the following facilities:

Play area for children.
Outdoor picnic area, outdoor BBQ area.
Yoga area, multi-function sports room.
Gym, swimming pool. Shared working area.

In particular, the investor also designed the Light Square, a unique feature only in Akari City. The square is 2500 square meters. This place promises to be an ideal place to live a super beautiful virtual life for residents. At the same time, raising the aesthetic value of Akari to become a City of Light worth living and long-term investment.

04. Project perspective

05. Sales policy

For Akari City phase 2 to be opened for sale in March 2022, especially the launching of AK NEO Tower in the middle of August, 2023; Nam Long investor and Japanese partners offer special sales policies as follows:

Only pay 30% of the apartment value from the time of booking to the handover of the apartment (each payment is only 5%, 3 months apart)

Fixed interest rate of 5% for 24 months and grace period of principal up to 24 months.

Free management for the first 2 years.

2% discount for customers with a booking of 30 million (refundable) before the opening date of AK NEO tower on September 24th, 2023

For example:

- At the time of apartment handover, you are approved for a bank loan, the bank interest rate at that time is 11%, you only need to pay fixed 5% of interest rate for the first 2 years, the rest of interest rate - 6% will be covered by the investor. You also don't need to pay the principle for the first 2 years

- From the 25th month onwards, you will have to pay both principal and interest according to bank regulations

-> Therefore, from the time the bank loans is supported, on the first 24 months, each month you have to pay ~8-9 million VND for a 2 bedroom apartment, from 25th month onwards, your payment will be ~ 23.6 million / month.

06. Pictures of model house

07. Construction progress

08. Download brochure of Akari City

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