2022-05
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20, 05, 2022

TOPPING OUT CEREMONY OF LAKE TOWER OF THE GRAND MARINA, SAIGON PROJECT WAS HELD BY NEWTECONS

[May 19, 2022, Ho Chi Minh City] Topping out Ceremony of the Lake Tower of the Grand Marina project, Saigon was held by Newtecons and Masterise Homes Investor. Nearly 100 guests and 20 press agencies attended the event. Lake Tower is the commercial name for the Lux5 project that Newtecons previously announced.

Lake Tower has 47 floors, which began construction in 2021 and is the first structure in the luxury residential complex Grand Marina, Saigon, has completed the rough phase and begun the interior and exterior finishing process. Residents are scheduled to receive JW Marriott-branded luxury flats in the first quarter of 2023.

The Lake Tower Topping Ceremony delegates.

Lake Tower is built on a perfect balance of large space, luxurious materials, and delicate details. Large windows let in plenty of natural light, revealing a tranquil and breathtaking natural landscape. Large marble bathroom, harmoniously designed bedroom, and a large living space with luxurious materials. Lake Tower is meticulously and delicately completed by Newtecons to Marriott’s strict standards, down to the smallest detail. High-quality interior furnishings are used to provide residents with complete comfort.

Perspective of Grand Marina, Saigon project

Speaking at the event, Mr. Mahdi Samhouri, Deputy Head of Project Development Division of Masterise Homes, praised the efforts of all project development partners, including Newtecons, Mace, Aurecon, HBA, and Italian Fit Out Company. “The Lake Tower has been gradually completed in accordance with the expected handover plan in early 2023, bringing an unprecedented super product in the residential product segment to the Vietnamese market.”

Mr. Mahdi Samhouri – Deputy Head of Project Development Division of Masterise Homes
Mr. Luke M.Peereboom – Senior Advisor of Newtecons

Newtecons, in its role as General Contractor, has focused on human and material resources to complete the project on time while maintaining quality and safety standards, resulting in a successful topping-out. “Being with Masterise Homes since the early days of the project and being here to attend the topping out ceremony, I am personally very happy and proud,” stated Mr. Luke M.Peereboom, Senior Advisor of Newtecons. “The Topping-Out Ceremony is a significant milestone that recognizes the efforts of the entire team and is the product of effective collaboration among all stakeholders, including Masterise Homes, Mace, supervision consultants, subcontractors, and Newtecons. Following the topping-out ceremony, the project team of engineers will focus on finishing the building’s interior and exterior with the goal of safety, quality, and speed. We will continue to work hard and coordinate with the Investor and partners to ensure that the Lake Tower project’s flats are delivered on schedule to tenants.”

Mr. Luke M.Peereboom – Senior Advisor of Newtecons

“Countless hurdles were surmounted with the coherence and coordination between Mace, Newtecons, and other contractors for the Topping out Ceremony today. We believe that with the Investor’s continuing cooperation, planning, and support, the next projects will be successes,” said Mr. John Campbell, General Director of Mace Vietnam.

Mr. John Campbell – General Director of Mace Vietnam
A representative of the investor thanks the General Contractor Newtecons with flowers.

Special components, such as a 1,200sqm of 12m high roof deck on the height of 170m and beams with over 1150cbm concrete and 300 tons of steel on the 20th floor, were completed in mid-May 2021.

1,200sqm of 12m high roof deck on the height of 170m, was completed by Site management team of Newtecons in 14 consecutive days and nights.
Finished the beam at the 20th floor in mid-May 2021 with nearly 1150m3 of concrete and 300 tons of steel.

After topping out, the project moved into its finishing stages, with completion expected in the first quarter of 2023. According to Mr. Nguyen Tan Tai – Construction Site Manager, Lake Tower is a project with tough and intricate finishing techniques which was required by Operator Marriott International and Investor Masterise Homes. Mr. Tai commits to finish the project with his team in the spirit of “Fire proves gold, adversity proves men,” where each onerous demand is a task that, once overcome leads to maturity, experience, and “expert” in the industry.

The Site management team of Newtecons is committed to devote their whole heart to bringing the project to completion on schedule

Lake Tower – Grand Marina project, Saigon is located at No. 2 Ton Duc Thang Street, Ben Nghe Ward, District 1, Ho Chi Minh City, invested by Masterise Homes, is first-class apartments of JW Marriott, supervised and controlled by Mace.

View of Lake Tower before the topping out
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