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20/04/2010 - Vina Capital announce Vietnam Greg Norman villa development  20/04/2010 - Vina Capital announce Vietnam Greg Norman villa development

Leading Vietnam hospitality and property developer VinaCapital Group have announced plans for a Greg Norman branded luxury villa estate in Danang. Located in the fast tracked China beach area with forty upscale residences on offer to compliment the international golf superstar's signature golf course.

Construction contracts have been awarded to Southern Cross Development with a project cost for the mixed use development estimated at close to half a billion USD.

The new estate will add to the existing developments on China beach which include The Hyatt Regency, the upmarket Nam Hai and The Montgomerie Links golf course, being developed by Indochina Land.

Laguna Hue is also set to launch in the area in the near future.  The resort which will be developed by Banyan Tree Resorts and a group of independant investors will attempt to replicate the success of Laguna Phuket by catering for the mid to upper end price bracket.

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