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Challenge

Vinhomes Times City, Park Hill includes luxurious apartments, high-class commercial shopping centres, a large entertainment hub and other functional facilities such as malls, a hospital, schools and parks. The Vinhome Times City Park Hill 2 residential development is located at 458 Minh Khai Street in the Hai Ba Trung district of Hanoi, comprising four towers (T1, T2, T3, T4) with a total Gross Floor Area of approximately 335,700 square metres.

Altus provided full Cost Management services from the initial budget estimates through to tendering and letting of trade packages, and the post-contract administration of the works in progress up to and including the final account.

Services provided

Our technology-enabled expert services enable commercial real estate professionals to connect to the market with greater speed, visibility and efficiency.

Solution

These apartment complexes, which combine urban living with a resort lifestyle, are equipped with a comprehensive smart home system. They comprise modern shop houses on the ground floor and a unique landscape design covering a total of 15,700 square metres that are inspired by Singapore’s green architecture.

All the facilities, integrated within one location, create a one-of-a-kind modern and intelligent residential complex that meets the requirements of the most discerning residents including Vietnamese clients and foreigners.

Altus worked closely with the Project Manager and the Client’s team to value manage the construction, and ensure the final cost was controlled and kept within the original budget estimate despite the additional scope of works. The project was completed in 2018.

Services provided

Our technology-enabled expert services enable commercial real estate professionals to connect to the market with greater speed, visibility and efficiency.

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Last updated on August 29th, 2019 at 08:59 am

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