Maritime Bank Funds TNR Grand Palace Thai Binh Project

1:45:18 PM | 26/8/2020

Customers will be lent up to 70% of property value in at most 20 years by Maritime Bank (MSB) when they buy products of TNR Grand Palace Thai Binh Project.

According to the cooperation agreement between the American Property Joint Stock Company and MSB Bank, the two sides will establish a comprehensive partnership to increase interests for customers when they access products of TNR Grand Palace Thai Binh Project. Accordingly, MSB is committed to providing best financial solutions to facilitate smooth investment progress of project development. At the same time, buyers of products at TNR Grand Palace Thai Binh Project will also be provided preferential credit packages and fast and convenient procedures. Specifically, customers registering to buy products at TNR Grand Palace Thai Binh will be lent up to 70% of the asset value in 20 years by MSB Bank.

The TNR Grand Palace Thai Binh Project has a total of 222 products, including garden villas, shop villas, shophouses, and townhouses. The project has luxury smart landscapes and utilities. Privileged class amenities include customized smarthome equipment, lighting systems and intelligent temperature control. More specifically, it has green urban areas powered by solar energy and wind energy as required by customers. With the aim of optimizing the design and functionality of the smart green urban area, TNR Grand Palace Thai Binh is in harmony with landscaped facilities such as 3D walking streets, solar tree towers and Japanese utility garden.

According to financial experts, given that credit is tightened to real estate projects, it is difficult for a real estate project to receive such a large credit support. Currently, banks tend to consider loans for well-invested, highly profitable real estate projects. Besides, investors must prove they have enough financial capacity to carry out their projects smoothly, ensure the scheduled progress and minimize risks.

American Property Joint Stock Company, the investor of TNR Grand Palace Thai Binh Project, is experienced in property investment as it has successfully invested in a series of projects like TNR GoldSeason at 47 Nguyen Tuan (Ha Noi) and a shophouse area in Cao Bang City. With TNR Grand Palace Thai Binh, American Property Joint Stock Company has cooperated with TNR Holdings Vietnam, a member of TNG Holdings Vietnam Group, to build and develop a new smart urban area with diversified utilities that helps socioeconomic and service development of Thai Binh province.

Another reason why MSB Bank highly appreciates the potentially profitable investment of TNR Grand Palace Thai Binh is that it lies in a so-called diamond location and faces Vo Nguyen Giap Boulevard, the largest road in Thai Binh City.

Having synchronous infrastructure, beautifully landscaped facilities and lying on Ha Nam - Nam Dinh - Thai Binh - Hai Phong - Quang Ninh economic development axis, TNR Grand Palace Thai Binh is worthy of the expectations of investors and customers.

Source: Vietnam Business Forum