Anpha Holdings picks up Novaland subsidiary

Vietnamese real estate developer Anpha Holdings has announced completing the purchase of a 99.98 per cent stake in Nova Galaxy Real Estate JSC from Novaland Group, according to newswire Saigontimes.

The deal value has yet to be disclosed. Novaland also refused to release the reasons of its divestment, however, decrease in net revenue and after-tax profit may have played a part. Notably, in the first half of this year, Novaland earned VND3.33 trillion ($145.9 million) in net revenue and VND841 billion ($36.85 million) in after-tax profit, signifying decreases of 33 and 45 per cent, respectively.

After the purchase, Anpha Holdings will take over Nova Galaxy’s projects, especially its newest project, the apartment and shopping centre complex located in District 4, Ho Chi Minh City.

Anpha Holdings, through its subsidiary Anpha Consulting, provides full consulting services ranging from market research, feasibility studies, financial modeling and sourcing, strategic sales and marketing, and design management to project management for residential, commercial, and mixed-development projects, retail, hotels and resorts, and luxury serviced apartments.

Along with consecutively pumping capital into domestic projects, Anpha Holdings has invested capital to expand its operations in Southeast Asia, with a series of property projects in Singapore and Malaysia.

Anpha Holding plans to co-operate with Villamas Sdn., Bhd. from Malaysia to develop a high-end property project in Kuala Lumpur-SK Development. The $320-million project will include three towers with 1,772 apartments, a 7-storey shopping centre, a 13-storey office building, and a five-star hotel. The construction is expected to start in the third quarter of this year and be completed in the first quarter of 2023.

Regarding Novaland, it now has a portfolio of more than 40 projects with different types of products, such as townhouses, office-tels and condotels, trading centres, land houses, and villas.

Aside from six projects completed and delivered as committed, in the first quarter of 2017, Lakeview City in District 2, Lucky Dragon in District 9, and Orchard Garden in Phu Nhuan district have been handed over to residents. Novaland is expected to deliver nine more projects in 2017, aiming to maintain clients’ trust and its brand name in the real estate market.

Source: VIR



Many technology corporations converged at sales gallery of SIMCity Premier Homes

Customers will be able to experience a range of smart devices by famous manufacturers at sales gallery of SIMCity Premier Homes on the grand opening October 6, 2017.

Anpha Holdings will open the “Smart City SIMCity” model at the Administrative Center of District 9, HCMC.

According to representatives of Anpha Holdings, this is the first time leading technology companies will converge at sales gallery of project with their newest equipment.

At the show gallery, LG Electronics Korea will introduce the “Intelligent robot” 4.0 technology initially introduced at the technology fair in Germany.

The “steward” robot controls a slew of LG’s latest household appliances such as LG TWINWash the smart washing machine, OLED TVs, Instaview Door-in-Door refrigerator and the latest Home Theater System in the market.

Leading Japanese technology company – Panasonic provides SIMCity CCTV security camera system located in the high-end area of SIMCity Premier and the park area around the 1 ha of landscape lakes of the project.

The luxury villas of SIMCity Villas & Chateau are also provided by Panasonic with superior air conditioning and air purification systems, ERV technology that provides fresh air, purifies 99% harmful bacteria and saves consumption energy by regeneration of heat source.

Anpha Holdings has purchased the first 300 smartphones Galaxy Note 8 in the market for SIMCity customers and many lucky gifts on the grand opening on October 6.

SIMCity received the award “Best of the Best Luxury Township Development” by Dot Property

According to a representative of the developer, with the extensive cooperation with the leading technology companies, SIMCity’s sales gallery is equipped with the latest Samsung and LG products, even some the devices has not appeared in Vietnam.

Anpha Holdings expects SIMCity customers to be “attracted” with the luxury model house and a series of first-generation technology applications that appear in the same space.

According to the group, “green” and “smart” are the trend in real estate market of the developed countries. This is applies to the SIMCity Premier Homers by Anpha Holdings.

“As a result, 151 townhouses of the project has successful transacted in the 30 minutes immediately after the launching date. SIMCity also awarded ‘South East Asia’s Best of the Best Luxury Township Development’ at the Dot Property Awards 2017” the representative said.

Featured as one of the only few in the region to apply 8 strict smart criteria defined by Forbes for smart city, SIMCity tops the market in term of most desirable homes for ‘Tech-Savvy’ executives and start-up society. SIMCity Premier Homes was selected by Cornell University in the United States this October as the point of discussion.

151 townhouses of the project has successful transacted in the 30 minutes

SIMCity Premier Homes is located at Road 4, Lo Lu Street, District 9, HCMC. This is the main artery of Saigon East, where many administrative offices of District 9 and the leading corporations in the high-tech zone are located.

According to Anpha Holdings, SIMCity is a smart city model with over 300 luxurious properties. The project is planned close to the green nature thanks to the park system and landscape lakes of more than one hectare.

Residents of SIMCity will enjoy more advanced facilities such as Floating swimming pool & Floating Clubhouse, Gym, Business Lounge and Start-up Incubation MegaCenter (S.I.M).

In 2017, Anpha Holdings has spent more than VND1 trillion to acquire a number of high-end real estate projects belong to the Novaland Group such as Galaxy 9 (District 4) and Lexington (District 2).

The brand is also known for a number of corporate and investment projects in Singapore, Malaysia, Australia and Vietnam such as: Wallich Residence is the tallest building in Singapore, Star Residences in Malaysia….


  • Video from Anpha Holdings