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Vietnamese, Japanese firms shake hands in affordable housing project in Long An

The Vietnamese real estate developer Nam Long Group has partnered with Japan's Nishi Nippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Delta province of Long An.
Vietnamese, Japanese firms shake hands in affordable housing project in Long An ảnh 1The EHome Southgate project in the Southgate subdivision of Waterpoint is opposite the shopping service complex and the Bus Interchange transport center in the new urban area. (Photo: Nam Long)
HCM City (VNA) – The Vietnamese real estate developer Nam Long Group has partnered with Japan's NishiNippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Deltaprovince of Long An.

In its announcementon July 29, Nam Long Group said that this is the first time the Japanese firmhas teamed up with the company in developing an affordable housing project withthe price of an apartment at about 1 billion VND (43,565 USD).

Tran Xuan Ngoc, General Director of the Nam Long Group, said thatalthough the EHome products do not bring Nam Long as much profit as thosebelonging to other segments. The firm is delighted to share with Nishi NipponRailroad a common mission and vision in creating the valuable living environment and products for the community.

Meanwhile, Fukumori, chief representative of Nishi NipponRailroad, said that Nam Long and Nishi Nippon Railroad have jointly developedsix projects from small to large scales.

EHome is a highly appreciated affordable apartment productline of Nam Long. This product line has an average price of about 1 billion VND with three core values: Economy (affordable), Ecology (green livingenvironment), Efficiency (effective design).

Nam Long introduced the product line for the first time in2007. Since then, EHome has realized the dream of having a house for 5,000households with income of 10-15 million VND per month.

The EHome Southgate, which covers 4.5 hectares of land inthe area, was designed to have seven apartment blocks, equivalent to more than1,400 apartments. The project is expected to have a synchronous utilityinfrastructure system and easily connect to the infrastructure of the competed WaterpointRiver area.

Online sales of the project will start in the thirdquarter this year./.
VNA
#Nam Long Group #Nishi Nippon Railroad Co. Ltd #EHome Southgate housing project #affordable housing #Vietnam #Vietnam news #Vietnam News Agency Japan
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