Estella Heights Vietnam

We see property development as a life-touching, life-transforming business. We want to help build lives, realise dreams, and shape landscapes and in doing so, set a new standard of quality living within Asia – one that is sustainable and answers modern urban needs.

Driven by our commitment to shape a better future, we challenge ourselves to constantly think and see things from a different angle. It is this unwavering approach that has helped us establish a portfolio of award-winning properties across Asia.

Our track record speaks for itself. We brought waterfront living to a whole new level with the iconic residences at Keppel Bay and Marina Bay. We redefined Singapore’s skyline and changed the face of business with landmark developments such as Marina Bay Financial Centre and Ocean Financial Centre.

As a pioneer and one of the largest real estate investors in Vietnam, we continue to set benchmarks for quality and innovation with developments such as Villa Riviera, The Estella and Saigon Centre.

As we look towards the future, we remain focused on providing urban living solutions through our core businesses of property development and property fund management. All while we continue to create live-work-play environments of enduring value for the community.

At Keppel Land, we call this ‘Thinking Unboxed’

Tien Phuoc Company Limited is one of the most reputable real estate developers in Vietnam. Founded in early ’90s, Tien Phuoc has been successfully developing numerous projects not only in Ho Chi Minh City District 1, District 2, District 5, District 9, District 12 and Binh Chanh District, but also in other regions in Vietnam.

Tien Phuoc’s investment portfolio is well diversified across various type of property developments: Residential, Commercial, Hospitality & Healthcare

With more than 20 years of experience in real estate industry, Tien Phuoc is committed to bring the best values to all clients.

Taxes & Fees

Maintenance Fee:

• Management Fee is est. VND 19,000 psm / month (excluding VAT)

• Car-parking fee: VND 1,200,000/ lot / month (excluding VAT)

• Motorbike parking fee: VND 150,000/ lot / month (excluding VAT)

• Sinking Fund is 2% of Apartment Selling Price (excluding VAT)

Taxes:

• Sinking Fund / Maintenance Fee: 2% of apartment selling price before VAT

• Value Added Tax (VAT): 10% of apartment selling price (excluding sinking fund)

• Registration Tax for Ownership Certificate: 0.5% of apartment value

• Personal Income Tax (Resale): 2% of transacted value

• Personal Income Tax (Rental Income): 5% VAT & 5% Personal Income Tax on revenue

• Business License Tax: VND 1 million per year if rental income exceeds VND 1.5 million per month

Note: The above taxes & fees are subject to change by the relevant authorities.

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