KITA Group signs strategic cooperation agreement with DKRS for the 88 SIG project

On the morning of September 26, 2024, at KITA Group’s headquarters in Ho Chi Minh City, the Strategic Cooperation Signing Ceremony for the 88 SIG project took place between KITA Group and Danh Khoi Real Estate Services Joint Stock Company (DKRS).

KITA Group and DKRS leadership at the strategic cooperation signing ceremony for the 88 SIG project

At the ceremony, Mr. Nguyen Duy Kien, Chairman of the Board of Directors of KITA Group, emphasized: “All projects launched by KITA into the market have fully completed legal requirements and receive strong support from banks. Currently, once customers complete payment, ownership transfer can be carried out immediately.

As for the 88 SIG project, all legal procedures have also been fully completed. Therefore, KITA firmly believes that we are among the pioneering developers in terms of transparent legal compliance.”

Mr. Nguyen Duy Kien, Chairman of the Board of Directors of KITA Group, speaking at the ceremony

Mr. Nguyen Van Tung, CEO of DKRS, also shared: “In Ho Chi Minh City and neighboring areas such as Binh Duong and Ba Ria–Vung Tau, DKRS is proud to be one of the leading companies in the development and distribution of apartment real estate. Even during the Covid-19 period and the most challenging phases of the market, our sales force consistently maintained a team of around 300 professionals.

With the trust placed in us by the Chairman of KITA Group, along with the confidence of DKRS’s development team, I believe this is a significant mission. Not only must we execute effectively, but we must also create a strong impact for KITA in the Ho Chi Minh City market, thereby laying the foundation for many future successes of KITA.”

Mr. Nguyen Van Tung, CEO of DKRS, speaking at the ceremony

The strategic cooperation signing ceremony for the 88 SIG project between KITA Group and DKRS, held on September 26, 2024

The 88 SIG project is located on the frontage of Vo Van Kiet Boulevard in Binh Tan District—one of Ho Chi Minh City’s key arterial roads—offering convenient connectivity to the city center and neighboring provinces. Within a 3-kilometer radius of the project are a full range of amenities, including markets, schools, hospitals, and shopping centers, meeting all the needs of a modern and convenient lifestyle.

The project comprises a 21-storey building with one basement level and, upon completion, is expected to add 88 premium apartment units to the high-end housing supply of Ho Chi Minh City.

With the strong reputation of KITA Group combined with DKRS’s professionalism, deep market insight, and large, experienced sales force, this strategic partnership is expected to deliver a high-quality project to the western area of Ho Chi Minh City at a time when the real estate market is gradually regaining momentum.

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