On August 8, 2018, at the Reverie Saigon Hotel, Alpha King International Real Estate Development (Alpha King) signed a cooperation agreement with the International Property Management Ascott Limited (Ascott) ). This signing ceremony is the important event and significance of the signing of management contract with Ascott for the management of the first luxury serviced apartment project under the brand Ascott The Residence in Vietnam.

Ascott will manage 205 one to two bedroom apartments in the entire 18 floors of the building with state of the art international and world class technology, ensuring safety and comfort for resident.

Located at the prime location of District 1, Saigon River, Ascott The Residence serviced residence will apply BIM technology in operation and management of housing, and LEED Silver certification to ensure living environment in good for residents. In addition, the apartments will be equipped with soundproof walls, imported floor and interior from the world’s leading brands.

Speaking at this event, Ms Lew Yen Ping, General Manager of Ascott Vietnam said, “We are delighted to be working with Alpha King International Property. Combining the real estate development expertise of Alpha King Vietnam with Ascott’s property management experience to develop the first Ascott The Residence luxury apartment brand in Vietnam will create A classy lifestyle and excellent service for high-end business and industry leaders. ”

“With more than 500 buildings in more than 130 cities, existence, development and success through more than 30 years in the world and more than 20 years in Vietnam with the Somerset brand and Citadines, we are confident that Ascott is capable of operating in the most economical and efficient way that will benefit the investor as well as providing the optimum quality of service to our guests when serviced apartment buildings The Ascott Residence opens in 2021 “, said Lew

Jim King, CEO of Alpha King, said: “At Alpha King, the human factor is always on top. The partnership with Ascott Apartment Management Group represents Alpha King’s commitment to delivering superior living experience and comfort and security to residents. This is also part of Alpha King’s strategy to redefine high-end life in Ho Chi Minh City and put the foundations for a world-class city. ”