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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Temasek-backed CapitaLand likely to buy Vinhomes property assets

Temasek-backed CapitaLand likely to buy Vinhomes property assets

Singapore real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam’s biggest listed property firm Vinhomes JSC, a subsidiary of the country’s largest conglomerate Vingroup, according to Reuters.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

CapitaLand seeks to complete $500 mln urban project in southern Vietnam by 2027

CapitaLand seeks to complete $500 mln urban project in southern Vietnam by 2027

CapitaLand Development (CLD), part of the Singapore-based CapitaLand Group, aims to complete its $500-million smart city project in the southern province of Binh Duong by 2027, group chairman Wong Kan Seng said.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

CapitaLand partners with Vietnam firm to set up coworking space in Hanoi

CapitaLand partners with Vietnam firm to set up coworking space in Hanoi

CapitaLand Development (CLD) of Singapore-based CapitaLand Group has signed an agreement with Toong, a Vietnam-based coworking space developer, to set up and operate the first coworking space in a small office/home office (SOHO) development in Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Singapore realty developers show divergence in Vietnam

Singapore realty developers show divergence in Vietnam

Major Singaporean real estate developers operating in Vietnam have painted an investment picture with contrasting colors this year as the fast-developing economy of almost 100 million people recovers from the pandemic.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Viva Land emerging property player, driven by CapitaLand roots

Viva Land emerging property player, driven by CapitaLand roots

Ho Chi Minh City-based Viva Land has emerged as a new regional property developer with projects across Singapore and Vietnam in its portfolio.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Temasek-backed CapitaLand buys 8-ha site in HCMC

Temasek-backed CapitaLand buys 8-ha site in HCMC

CapitaLand Development (CLD) is acquiring a mixed-use site of eight hectares in Ho Chi Minh City to develop a project including over 1,100 high-end residential units and shophouses, the latest move in CapitaLand Group’s Vietnam expansion.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7