Hong Hac City Project represents a landmark for both Nomura and Phu My Hung, with Nomura’s recognized development capabilities forged through continuous value creation in Japan, Vietnam, and across Southeast Asia, and Phu My Hung’s outstanding track record with over 30 years of township development in Ho Chi Minh City. By leveraging the expertise of both companies, this project aims to deliver an appealing and sustainable township, with a total project cost of approximately 285 billion Japan Yen, marking the largest project in NRE’s Vietnam portfolio.
The township site is located in Bac Ninh Province, a major hub for high-tech industries. Situated approximately 20km from central Hanoi and close to National Route 17, which links key industrial zones with Hanoi, the site serves as a vital gateway to the eastern part of the capital.
In the rapidly expanding Hanoi metropolitan area, where further population growth and development are expected, Nomura aims to create a high-value community and new lifestyle for residents by comprehensively developing approximately 2,850 low-rise homes, along with parks, a clubhouse, schools, hospitals, and commercial facilities in this prime location.
By adopting Nomura’s proposed township development concept – “Gathering Nest to Enjoy Life With Seasons”- the project aims to create external spaces that allow residents to experience the four distinct seasons of Northern Vietnam, as well as enjoy lush greenery and waterfront areas.
Approximately 20% of the entire township will be dedicated to green spaces, ensuring that this conveniently located area provides a nature-rich environment and spaciousness.
