Sunwah president Jonathan Choi told the Daily that his group, which is
based in Hong Kong, China, would set aside about US$100 million to
develop an apartment project near Tan Son Nhat International Airport.
However, he declined to reveal the scale of the project, on which work
is projected to start in the next two years.
Located in a densely populated area, the scheme is expected to meet the local housing demand.
After 40 years of investing in the areas of agro-product processing and
export in Vietnam, Sunwah began its involvement in the property market
with the grade-A Sunwah Tower in HCMC built in 1993.
Source: Saigon Times