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Lottle Eco Smart City is located in An Khanh ward, Thu Duc city, and this is a project of investor Lottle Group in combination with 3 partners from Japan, built on a land area with a total area of 7,45 hectares. with a total investment capital of 20.000 billion VND. With a prime location, huge scale and a reputable investor, right at the time of the first information, Eco Smart City received great attention and expectation in the Real Estate market. Especially in recent days, when information about this project is about to start, let’s learn about it with SaiGon Luxury. Eco Smart City project And see what’s special about this project? Is it worth investing or not?
Project overview:
-Name of project: Lottle Eco Smart City
-Location: Functional subdivision 2a, Thu Thiem urban area, An Khanh Ward, Thu Duc City.
-Investor: Lottle Group (Korea)
-Scale: 7,45 hectares
-Total investment capital: 900 million USD
-Construction density: 35%
-Number of apartments: 12.500 luxury apartments
-Type of development: service shopping mall, office
Is Lottle Eco Smart a super project in Thu Thiem?
Lottle Eco Smart City is located in functional subdivision No. 2A in Thu Thiem urban area, An Khanh ward, Thu Duc city. This is considered a prime location with a direct view of the Saigon River. The opposite side is the central area of District 1, from the project you can quickly access this area through Thu Thiem tunnel and Thu Thiem 1 2 bridge. The project is also located right in front of Mai Chi Tho street, an important traffic intersection of Thu Duc city, conveniently connecting to neighboring areas. With its location in the center of Thu Thiem urban area, surrounding the Eco Smart City urban area are a series of high-end luxury housing such as Empire City, Metropole Thu Thiem, The River Thu Thiem, Sala Dai Quang Minh. The surrounding roads have basically been 100% completed with paved, spacious road frontages. However, utilities in the Thu Thiem area are still limited because many plots of land have not been developed.
Regarding project scale, Lottle Eco Smart City is planned to be built on land with a total area of 7,45 hectares, including a general commercial service area and multi-functional residential area deployed on a campus with Total area is 5,12 hectares. The project provides 12.500 luxury apartments, the overall scale of the complex includes 11 towers with construction scales from 10 to 50 floors. These towers are built into commercial centers, hotels, office buildings, service apartments, apartments, and educational buildings. The highlight is the tower Thu Thiem Eco Smart City 50 floors high, carrying the new symbolic architecture of the future Thu Thiem urban area.
Are the amenities at Lottle Smart classy?
Lottle Eco Smart City will integrate a diverse and high-class utility system such as an Olympic-standard swimming pool, shopping center, tennis court, children’s play area, central walking square, bbq grill area, restaurant area. , cafe, supermarket. A special feature of the Lottle Eco Smart City area is that the project will apply 4.0 technologies in management and operations to serve the lives of residents, standardizing a smart urban area such as security systems, digital management artificial intelligence, facial recognition or digital health care services. Smart payment utilities, drones and delivery robots will also be applied to optimize Lottle Eco Smart City’s commercial operations management in retail areas and 1-star hotels. . It can be seen that Lottle Eco Smart City is positioned in the high-end segment, so the products and utilities here will also have commensurate quality. Does the project investor have the capacity to do this?
Information about the construction process of the Lottle Eco Smart City project
Groundbreaking on September 2, outside the project are prominent banners introducing information about the project as well as the investor, inside the project is the land that has been cleared and is under construction. during the land leveling process.
According to market information from Café Land newspaper. The Lottle Eco Smart City Thu Thiem project has been stalled since 2013 because Ho Chi Minh City reviewed the process of selecting investors. This is also one of the projects that has been focused on solving problems in recent times. Previously in 2019, the government inspector said that the City People’s Committee had accepted the policy of appointing project investors. Lottle Group has not properly implemented bidding regulations and land laws. After many years of review, the Department of Natural Resources and Environment of Ho Chi Minh City has now submitted a proposal to the People’s Committee of Ho Chi Minh City to consider reviewing and leasing land to Lottle Properties Co., Ltd. Ho Chi Minh to implement the project. While waiting for the city People’s Committee to allow the company to hold the project’s groundbreaking ceremony on September 2.
Ground leveling work is being carried out near the project entrance. A number of machines have been mobilized on the site. To complete the construction process, the investor has built a number of housing areas for workers right at the project.
Lottle’s largest project in Vietnam.
The investor of the Lottle Eco SmartCity complex is the Korean Lottle Group, one of the 5 strongest corporations in this country with development in many fields. Lottle Group started doing business in the Vietnamese market from in 1996, but the real estate segment only really developed in 2006. This investor has a number of prominent projects built in Vietnam, including Lottle Center Hanoi – the 2nd tallest tower in the Capital, next to That is the La Premier project in Thanh My Loi area, Thu Duc city.
It can be said that Lottle Eco Smart City is the largest project of this group in Vietnam, where the business has assigned 4 joint venture subsidiaries to invest, including Lottle Aset Development Company – investing in asset management. . Lottle Shopping Company – retail development. Lottle Hotel Company – Hotel management and Lottle E&C Company – in charge of construction.
Previously, in addition to the above-mentioned subsidiaries of Lottle Group, they participated in the investment. The joint venture also includes Japanese investors including Mistubishi Corporation, Mistubishi Estate and Toshiba. However, according to research to date.
With a beautiful location, large scale and reputable investor. Lottle Eco Smart City is expected to become a new symbol of Thu Thiem in particular and Ho Chi Minh City in particular in the future. Along with that, although there is no official information, the selling price of apartments here is expected to be higher than other projects being implemented in the area. With current prices ranging from 150 – 200 million/m2
