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A Foreign Company Just Paid $35m for This Stunning French Colonial Villa

In a city full of new infrastructure and building developments, the ever-changing urban landscape of Saigon is unpredictable at best. Things are happening so fast that we at Saigoneer have an entire series of articles – 'Date with the Wrecking Ball' – dedicated to the city's disappearing historical structures.

Last year, we talked about a beautiful colonial villa in the heart of District 3 that was up for sale. The French House, as it's known to local residents, originally entered the market in 2013 with an asking price of US$47 million.

After a year with no takers, the owners – two 80-year-old women – lowered their price to US$35 million, a move which recently proved successful, as a foreign firm purchased the villa not long ago, reports Thanh Nien.

Sitting on the 2,900-square-meter property at 110-112 Vo Van Tan, the colonial villa has a new, unidentified owner who has already removed one makeshift house nearby and asked coffee vendors and parking lots in the vicinity to move out.

Though it's unclear what the fate of the villa will be, we've got our fingers crossed that the new owners will preserve this incredible piece of local history.

Related Articles:

This Beautiful, Century-Old Saigon Villa May Soon Be Demolished

Date With The Wrecking Ball: The Customs Directorate Building

A Date with the Wrecking Ball: The Catinat Building

[Photo via Kenh14]

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