Planned as the first shopping - entertainment - entertainment complex under the shoppertainment model, Mega Grand World is becoming a place many food, fashion and service brands "keep an eye on".
"Paradise" of shopping - entertainment - entertainment
According to the planning of Vincom Retail - a member unit of Vingroup, one of the two spearheads at Mega Grand World Hanoi is shopping and entertainment. Accordingly, 42% of the stalls will be for the food industry (restaurants, eateries, cafes), 38% will be allocated to the shopping areas, including fashion, accessories, and regional specialties, and the remaining 20% will be for the service sector.
The expected rate of 42% of food stalls at Mega Grand World has been calculated by Vincom Retail based on research from famous commercial and service complex models worldwide.
As revealed by Vincom Retail, many famous food and coffee brands such as Starbucks, Elgaucho, Pizza 4P, Trung Nguyen Legend Premium, Runam, and Highlands Coffee have expressed interest in Mega Grand World and have plans to present at the most unique shopping - entertainment - entertainment complex in the North.
At Mega Grand World, the attraction of VinWonders Hanoi Wave Park, VinWonders Hanoi Water Park, with the world's leading thrilling games, such as Balon Tower, Magic Bike, Skydrop, top shows... will be the proof that restaurants, bars, and cafes are always crowded.
The project is also an ideal location for shopping groups such as fashion, accessories, and regional specialties. The service industry also needs to recognize the golden opportunity from Mega Grand World. With a huge flow of tourists forecast to come to Mega Grand World and Ocean City resort in general, service industries - especially entertainment and accommodation industries- can exploit the "gold mine" most unique in the Northern region.
In general, the complex is forecasted to be a place to attract tourists and investors with continuous and sequential activities, creating conditions for the most complete chain of experiences. The ground at the project is distributed with one-axis traffic, coherently connected; the booths are arranged evenly on both sides, helping visitors to access easily. Utilities and iconic architectures are evenly distributed everywhere, creating profitable business opportunities for all groups of industries, from food to shopping and services.
Attracting brands with "terrible" incentives
Mega Grand World Hanoi is currently under construction with lightning speed. Many important items in The Venice subdivision have completed the construction, and started to paint the exterior to prepare for the opening in December.
According to investors' observations, attractive support policies from investors for tenants, such as free 1-year rent, will help reduce investment costs. At the same time, business opportunities also open up for tenants when many big brands have intended to sell franchises at Mega Grand World.
The store's opening on the occasion of the year-end festival events and the grand opening festival organized by the investor promises to bring abundant cash flow to the shop owners.
For buyers, the investor offers a special loan interest rate support of only 5%/year for 30 months and a grace period for the principal during the interest rate support period. At the same time, the investor also commits to rent 5%/year for 30 months and support interior finishing costs at 1.75 million VND/m2 of construction. With this policy, investors only need to spend 30% of the initial capital value to have real estate that generates instant cash flow. Buyers also have many options with their properties, such as leasing, operating themselves or buying a franchise so they can still enjoy the benefits while waiting for the property to achieve the expected growth.
Mega Grand World Hanoi, especially, is a pioneering shopping - entertainment - entertainment complex following the night economy model - the main source of income for the tourism - entertainment industry in many famous destinations, promising to bring... breakthrough revenue source for stores and shops here.
Owning a prime location in the entertainment and entertainment center of the destination city Ocean City with a unique business model and "terrible" support from Vingroup - Vinhomes, Mega Grand World promises to be an attractive investment channel profit to welcome the new growth cycle of the market.
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