Investors of apartment buildings are seeking to attract home buyers back by investing heavily in modern fire fighting and prevention systems as an inferno at the HCMC-based Carina Plaza condo complex that killed 13 late last month has scared people away from high-rise buildings.

A real estate company staffer introduces the fire fighting and prevention system of Florence complex to customers - PHOTO: VAN LY
My Xuan Housing JSC, a member of Phuc Hung Holdings Construction JSC, on April 17 introduced Florence complex at 28 Tran Huu Duc Street in Hanoi which is expected for completion late next year. The complex including offices, apartments and a commercial center has a floor area of nearly 65,000 square meters.
Apartments of the complex have been put up for sale at VND27 million per square meter or above. The complex has 480 units of between 75 and 124 square meters with two to four bedrooms.
However, instead of boasting modern facilities and furniture of apartments at the condo project, the investor tried to attract the attention of potential homebuyers to the complex’s fire fighting and prevention system.
The complex is equipped with what is claimed as the most modern fire alarm system imported from Group of Seven (G7) countries. Ventilators will absorb smoke in case of fires to ensure that smoke will not spread to emergency-exit staircases, said the investor.
In addition, surveillance cameras are installed at doors in the complex. The investor also provides each apartment with a mask, a 30-meter rope and tools to aid easier escape.
Cao Tung Lam, chairman of Phuc Hung Holdings, the investor, said the blaze at the Carina Plaza condo building has made home buyers hesitant to make buy decisions. However, the apartment segment will continue to dominate the local real estate market due to reasonable prices.
Many other investors of condo buildings across the country have also invested in new fire-fighting systems lately, said Nguyen Thu Hang at real estate services provider Savills Vietnam. She said homebuyers now would carefully learn about apartment buildings, especially fire fighting and prevention solutions.
Berjaya D2D Co Ltd has recently invested VND80 billion in a modern fire alarm system and an automatic sprinkler system for the Topaz Twins project in Bien Hoa City in the southern province of Dong Nai. A 100-cubic-meter water tank is also built inside the high-rise building just in case of blaze.
Meanwhile, Hung Loc Phat Real Estate Service JSC has poured hundreds of billions into the fire fighting and prevention system of Detox & Healthy apartments at Green Star Sky Garden project. The project is equipped with heat and smoke sensors and smart faucets which will automatically spray water if room temperatures increase suddenly.
The Saigon Times