Ascott to manage Ho Chi Minh City apartments

George Sell George Sell Uploaded 12 August 2018

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Vietnam: Ascott has signed a management agreement with Alpha King Real Estate Development for a development in HCM City.

Ascott The Residence, in District 1 close to the Saigon River, features 205 one- and two-bedroom apartments.

Lew Yen Ping, country general manager for Ascott in Vietnam, said: "We are delighted to partner with Alpha King and combine their development expertise with our award-winning hospitality capabilities to create the flagship Ascott The Residence serviced residence which will set a new benchmark for luxury living in Vietam, offering top business executives and industry leaders an exclusive living and unparalleled service."

Jimmy Chan, CEO of Alpha King, said: "In Alpha King, human wellness is our top priority. The cooperation with The Ascott Limited shows Alpha King's commitment in creating the most advanced lifestyle, offering maximum safety and comfort for our residents."

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