Real Estate

Muong Thanh Luxury Vientiane

Laos / Vientiane
Hotel/Condo Expected yield 12%
1,000million yen

Premium Condominium Apartment with the Highest Floor in Laos

As of April 2017
From the balcony, you can enjoy a panoramic view of the international river Mekong and Laos’ symbolic golden Buddhist stupa Pha That Luang.

Supermarket and Five-Star Hotel in the Building

In the condominium building, there is a supermarket and a five-star premium hotel.
Generally, many Lao businesspeople live away from home when working and, for them, this apartment provides value-added services related to shopping, dining, and premium spas, etc.

 

 

Located About 1km from Downtown

The property is located about 1km east of Laos’ zero point (central place).
The JETRO office and Japan Embassy are located near the property.
Located in a central area in the Lao capital of Vientiane, this is a very convenient place for commuting and living for international business persons.
There are 55 condominiums.

 

 

The Biggest Hotel Chain in Vietnam

The developer of this property is Muong Thanh Group, the biggest hotel chain in Vietnam that owns 53 hotels in the country. This was the group’s first development project in Laos and construction was led by its internal construction unit. The building was completed in November 2016.

 

This project catered to the actual need in Laos for premium condominiums, the demand for which has still not been satisfied due to the rapid growth of the Lao economy.

Property Overview

Property Name Muong Thanh Luxury Vientiane
Country / City Laos / Vientiane
Location Phonsinouan Village, Sisattanak District, Vientiane Capital, Lao People’s Democractic Republic
Type condominium
No. of floors 25
(1st floor: Supermarket
2nd-17th floor: Offices
18th-24th floor: Condominiums)
No. of condominiums 55 condominiums
Completed November 2016
Constructor Muong Thanh Group (past record of 53 hotel construction projects in Vietnam)
Facilities and conditions - Five-star hotel in the same building
- Gym (50 USD per month)
- Swimming pool
- Tennis courts
- Cafe
- Restaurants
- Supermarket
- Meeting rooms
- Parking lot
- Three elevators
Area 63.64 - 77.44 m2
Price 10 - 14 million JPY

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