CapitaLand finishes HCMC apartment body frame

11 Jun
CapitaLand Group Tuesday finished construction of the body frame for the US$200-million The Vista apartment tower in Ho Chi Minh City’s District 2.

The Singapore-based developer’s first apartment project in Vietnam will have a 28-story building with 750 units, 100 serviced apartments, and 35,000 square meters of commercial space.

It sold 630 of the 850 apartments at $1,800-$2,000 a square meter and they are expected to be ready for occupation next June.

Capital Land plans to expand in Vietnam, which it considers a key market, building four high-class condominiums with 4,000 units and 1,300 serviced apartments in Hanoi, Hai Phong, Danang, and HCMC.

It has total assets of $1.2 billion in Vietnam.

Source: The saigon Times

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