17 August 2010 was an auspicious day for MASSDA Land Company Limited as the company celebrated the handing-over of keys to the house owners of Phase 1 of its maiden housing development in Fortune Park @ Son Tra.

This event marked a major milestone in the history of MASSDA Land Company Limited. The company first came to Danang City to develop an Industrial Park in 1993. The Danang Industrial Park is now fully tenanted by 42 enterprises and have provided employment for more than 12,000 people of this city. Together with MASSDA, these enterprises have contributed to the economic upliftment of this beautiful city. With the support and co-operation of the People’s Committee of Danang City, MASSDA is confident that Danang City will continue to become a major destination for foreign investments, given its well appointed, strategic location and good infrastructure and port facilities.

In 2008, MASSDA Land Company Limited was licensed to develop a residential development in the vicinity of the Danang Industrial Park. This development named Fortune Park @ Son Tra is a seven-hectare gated community featuring houses with contemporary designs to cater to the growing market for lifestyle homes for the people of Danang City.

During the design stage of this development, MASSDA had painstakingly consulted and taken into consideration a lot of feedback and ideas from a cross-section of potential buyers in Danang. Blending this with Malaysian architectural designs and building systems, MASSDA proudly delivered Phase 1 of these houses on 17 August 2010. The second phase has already been fully sold! This is evident proof of the acceptability of our designs by Danang residents.

Phase 1 houses, comprising 90 units, have been completed in a record time of 12 months, since its sales launch. MASSDA is grateful to the entire development, suppliers, construction team and utility authorities that have worked hand-in-hand with MASSDA to deliver these houses ahead of the stipulated contract period of 24 months, without sacrificing the standard and quality of the houses. MASSDA also wishes to especially acknowledge the efforts and congratulate its Board of Directors, led by General Director, Mr. Lee Yai Sin and his deputy, Mr. Nguyen Anh Tuan, and the entire team at MASSDA for delivering the new houses ahead of schedule.

To the proud house owners, MASSDA would like to congratulate them on their excellent choice and sincerely wishes them and their respective families many happy moments and prosperity in their new abode. These Phase 1 houses have already appreciated by more than 40%!

MASSDA Land Company Limited is very positive about this city and its future as we have all seen this beautiful city bloom and the rapid transformation brought about through economic development.

MASSDA will continue to participate in long term community development projects in this city, bringing with it leading-edge contemporary designs for residential homes, commercial and retail development together with competitive and modern building materials, building and construction systems that are eco-friendly and sustainable.

MASSDA looks forward to working with the People’s Committee of Danang City, officials from the various Ministries and Government departments to develop Danang City into a modern city of choice for discerning property owners.