Singapore’s CapitaLand plans 70% growth in Vietnam residential portfolio

Singapore’s CapitaLand plans 70% growth in Vietnam residential portfolio

CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, aims to grow its Vietnam residential portfolio to 27,000 units by 2028, a 70% growth from the current 16,000.

Real Estate - Mon, March 4, 2024 | 3:06 pm

CapitaLand breaks ground on giant residential project in Hanoi

CapitaLand breaks ground on giant residential project in Hanoi

Singapore-backed CapitaLand Development (CLD) on Friday broke ground on the Lumi Hanoi, a S$1 billion (U.S$743 million) high-end residential project, in the capital city of Vietnam.

Real Estate - Fri, March 1, 2024 | 9:08 pm

CapitaLand begins building $730 mln housing complex in southern Vietnam

CapitaLand begins building $730 mln housing complex in southern Vietnam

CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, kicked off construction of The Orchard housing project in the southern province of Binh Duong Wednesday.

Real Estate - Thu, February 29, 2024 | 2:40 pm

Condo prices on the rise in Hanoi amid thin supply

Condo prices on the rise in Hanoi amid thin supply

Apartment prices in Hanoi continue going north, reaching up to VND100 million ($4,063) per square meter in the city’s west, given thin supply amid a struggling real estate market nationwide.

Real Estate - Thu, January 25, 2024 | 6:50 am

CapitaLand, United Overseas Australia to develop $247 mln real estate project in Vietnam

CapitaLand, United Overseas Australia to develop $247 mln real estate project in Vietnam

CapitaLand (Vietnam) Holdings, under Singapore’s CapitaLand, and Malaysia-headquartered realty firm United Overseas Australia have set up a joint venture to develop a $247.1 million real estate project in Vietnam.

Real Estate - Mon, December 11, 2023 | 5:45 pm

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Singapore’s CapitaLand affiliate acquires $562 mln real estate project in southern Vietnam

Sycamore, an affiliate of Singapore-headquartered CapitaLand, has acquired the Tan Thanh Binh Duong housing-urban area complex in Binh Duong province.

Real Estate - Thu, December 7, 2023 | 4:22 pm

Singapore CapitaLand announces $740 mln residential project in Hanoi

Singapore CapitaLand announces $740 mln residential project in Hanoi

CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, will begin construction of a high-end residential project in Hanoi in the first quarter of 2024.

Real Estate - Tue, November 7, 2023 | 2:51 pm

CapitaLand Investment raises $950 mln for 3 private funds

CapitaLand Investment raises $950 mln for 3 private funds

Real estate investment trust (REIT) CapitaLand Investment, backed by the Singapore government, has obtained about S$1.3 billion ($950 million) equity commitment from global institutional investors for three of its private funds.

Real Estate - Mon, August 14, 2023 | 5:52 pm

CapitaLand Ascott records H1 gross profit of $6.4 mln in Vietnam

CapitaLand Ascott records H1 gross profit of $6.4 mln in Vietnam

CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a gross profit of VND152.7 billion ($6.43 million) in the first half of 2023 from its Vietnam business, up 47% year-on-year.

Companies - Fri, August 4, 2023 | 11:54 am

M&As pick up pace in Vietnam property market

M&As pick up pace in Vietnam property market

Vietnam’s ailing real estate market is witnessing a rising number of merger and acquisition (M&A) deals, mostly with overseas buyers who can arrange capital sources to counter the credit crunch in the country.

Development potential of Vietnam's real estate market - Wed, July 12, 2023 | 3:02 pm

Vincom Retail likely to sell stake to strategic investors

Vincom Retail likely to sell stake to strategic investors

Thailand's largest retailer Central Group and other companies are negotiating to buy a stake in Vincom Retail, the retail arm of Vietnam's biggest private conglomerate Vingroup.

Companies - Thu, March 30, 2023 | 11:30 am

CapitaLand Development names new CEO

CapitaLand Development names new CEO

Singapore real estate giant CapitaLand Group has appointed Jonathan Yap as the new chief executive officer, effective June 5, of its development arm CapitaLand Development (CLD), which focuses on Vietnam, Singapore and China as its core markets.

Real Estate - Fri, March 24, 2023 | 3:09 pm

CapitaLand Ascott’s gross profit in Vietnam up 31% to $10 mln in 2022

CapitaLand Ascott’s gross profit in Vietnam up 31% to $10 mln in 2022

CapitaLand Ascott Trust, the management agency of five Somerset hotels in Vietnam, posted a revenue of S$27.6 ($20.63 million) from its Vietnam operation in 2022, up 33% year-on-year, according to the firm’s latest report.

Companies - Tue, March 21, 2023 | 4:32 pm

Panasonic, Keppel Land Vietnam team up in sustainable urbanization

Panasonic, Keppel Land Vietnam team up in sustainable urbanization

Panasonic and Singapore-backed Keppel Land Vietnam have signed a memorandum of understanding to explore the development of smart solutions for sustainable urbanization to be applied to the property developer’s projects in Vietnam.

Real Estate - Sat, March 18, 2023 | 6:41 pm