Savills News

The Peak - Midtown: A New Addition to Savills Property Management Portfolio

Savills Vietnam is now the official property manager at The Peak - Midtown. The Peak - Midtown is a large, high-quality residential project in District 7, and it is the final component of the Phu My Hung Midtown complex.

The Peak – Midtown is the largest project in the Phu My Hung urban area with two high-rise buildings and over 1,100 condos, which all meet American SOM standards. The project has great proximity to the city’s financial hub and is surrounded by the Ca Cam River. It boasts great internal services, sports and cultural facilities, and green spaces. Phase 1 handover started on 16 November 2021, and handover for Phase 2 will start in Q1.2022.

At The Peak Midtown, Savills Vietnam will manage general operations and outsourced services, oversee renovations and repairs, manage risks, and control revenues and expenditure in the apartment buildings.

The Managing Director of Savills Vietnam, Mr Neil MacGregor said: “As the most luxurious apartment project in Phu My Hung Midtown, The Peak will take luxury living in Saigon South to the next level. We are very pleased to be trusted and chosen by the investor, Phu My Hung, as the property management provider. We look forward to providing services that reflect the quality of this impressive project while upholding our commitment to international real estate management standards.”

Savills will implement its Property Cube software at The Peak - Midtown. Mr Neil MacGregor added, “Property Cube, our exclusive building management software, has great features for residents and tenants; it allows them to book repairs, look up fees, make online payments, and receive notifications from the Building Management Board. As we manage more than 100 projects nationwide, Property Cube helps our teams work efficiently, which helps us save costs and resources while providing quality services in our managed properties.”

Phu My Hung’s Director of Sales & Marketing, Mr Bui Duy Toan, said, “As bringing comfort and satisfaction to our residents at The Peak - Midtown is our top priority, we believe Savills is the ideal property manager. Their professional management systems and use of modern technology like Property Cube will ensure our residents at The Peak - Midtown will have the best living experience. Savills is also an ideal partner for Phu My Hung as they can meet the high expectations our customers have of our brand and the project.”

Savills is a leading real estate management service provider with more than 65 million m2 of commercial, residential, retail, and industrial space in its Asia-Pacific portfolio.

In Viet Nam, Savills manages more than 100 projects and offers services like operational and equipment audits, financial management, and maintenance services. The Peak - Midtown is a great addition to the Savills portfolio, which includes high-end projects such as Imperia Sky Garden, Splendora Urban Area, BIDV Tower, Sky Park Residence, and Star Lake - Tay Ho Tay in Ha Noi. It Ho Chi Minh City, Savills manages Saigon Pearl, Avalon, Riviera Point, and Masteri Thao Dien.

Contact our Property Management team to find out more about their services: https://www.savills.com.vn/services/property-management.aspx

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