Alpha King, a foreign-owned development firm, will authorize Ascott to manage the operations of the project under the brand Ascott The Residence. This is the first Ascott The Residence development in Vietnam, which is slated for completion in 2021 and located on the Saigon River.

The building’s 205 one-or-two-bedroom apartments, covering the first 18 stories of the building, will be under the management of Ascott, providing residents with advanced technology and an international standard of services.

Ascott The Residence will use BIM technology in operating and managing the apartments, along with the LEED Silver certification to ensure a healthy living environment for the residents, according to investor Alpha King. Additionally, these apartments will be equipped with soundproof walls, floors and furniture purchased from the world’s top brands.

Alpha King CEO Jimmy Chan remarked that this cooperation is proof of the firm’s commitment to offer high quality service residence in the city.