CapitaLand completes its first residential development in Vietnam
Construction of The Vista, which began in January 2008, was completed on schedule in September 2011.
Jointly developed by CapitaLand as the lead developer, Thien Duc Trading Construction Co., Ltd and Phu Gia Investment Joint Stock Company, The Vista is located in Ho Chi Minh City’s District 2 within An Phu Ward.
The development comprises predominantly 750 luxurious apartments across five 28- storey towers overlooking the Saigon River and the city. The Vista also offers approximately 35,000 square metres of commercial space including a retail podium, office facilities and 100 serviced residence units.
CapitaLand has three other prime residential developments in Vietnam: the 962-unit Beau Rivage in Ho Chi Minh City’s District 2, the 1,478-unit Mulberry Lane, and a development yielding approximately 960 units located in Ha Dong District within Mo Lao New Urban Area in Hanoi.
The company is also developing three value homes projects in Vietnam with a pipeline of approximately 2,200 units under its new strategic business unit, CapitaValue Homes.