The third phase of the Ho Tram Strip project is set to start development some time in 17Q4, said Ho Tram Project Company (HTP) in a press release on Thursday.
The Kahuna Ho Tram Strip is a 244-key development located adjacent to the north-side of The Grand and will feature a combination of 164 one and two bedroom condominiums as well as eight penthouses located inside a 12 storey tower, as well as 44 premium beach villas, ranging in size from 218 to 223 square meters.
“The company that first brought Vegas to Vietnam, brought the best Asian Tour event that the golfing world has seen is today thrilled to announce that we are riding that Hawaiian wave across the Pacific and onto the shores of Vietnam’s East Sea with our new residential development,” said HTP’s executive chairman Michael Kelly.
“We have made it our primary focus to ensure that Ho Tram is Vietnam’s entertainment capital, and in line with this, The Grand has unveiled countless new lifestyle amenities. We are viewing Kahuna as an extension of this. This is not just another residential development, this is a chance to be a part of all of the energy that has made the Ho Tram Strip what it is today,” Mr. Kelly continued.
Pricing for condominiums begins from US$88,800, while villas begin at US$350,000.
HTP is a wholly owned subsidiary of Asian Coast Development Ltd, it recently became the first company to submit an application to host Vietnamese nationals for a pilot gaming project.