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The media in Singapore did not regret the compliment for the success of CapitaLand in Vietnam. Major newspapers such as The Straits Times, The Business Times, Property Report … reported on CapitaLand and said that as of the end of June 2016, the total investment of the group in Vietnam amounted to S $ 748 million. Currently, Vietnam is CapitaLand’s third largest market in Southeast Asia, behind only Singapore and Malaysia.
Mr. Chen Lian Pang, General Director of CapitaLand Vietnam said, “By 2015, CapitaLand will be among the best performing foreign investors with 1,321 units sold with the total value of VND 226.5 million. Singapore dollars. Our residential condominium business continues to be successful in the first six months of 2016 with 470 units sold, valued at S $ 80 million, up 20% in both volume and price value over the same period last year. We believe that our residential apartments in Hanoi and HCMC will continue to attract home buyers and investors because we build high quality, beautifully designed homes and good location with potentially high value. “
Looking back on CapitaLand’s 22-year presence in Vietnam, people recognized the company’s investment principles: slow but steady, moving forward, sustaining its reputation and sustainability. In the quiet period of the real estate market in Vietnam, while other investors “quit playing”, CapitaLand is still committed to the long-term operation. They silently prepare so that when the market is vibrant again, there will be quality products introduced to home buyers.
She saw Vista Verde launch in 2014 when the real estate market began to recover. She saw first hand that the home buyer received a very positive project. She added: “The success of CapitaLand is also a testimony to the loyalty of Singaporean companies in Vietnam, as your country has the potential to be profitable and geographically profitable. I would like to emphasize on real estate investment in residential apartments, Singapore is committed to technical and experienced contribution to continue providing quality housing projects in Vietnam. The Vista Verde project will add to the scenery in District 2 and make it more exciting. “
In addition to Vista Verde, The Vista, Seasons Avenue and Mulberry Lane are high-end projects that are home to both the Vietnamese and foreign home buyers. These projects have high standards so the Vietnamese market preferred, such as the outstanding facilities, the greenery, creating a living space. These projects are worth long lasting so Vietnamese and foreign buyers both prefer long-term investment. Recently, the Felizen Vista project has just been introduced to the market has received a lot of positive feedback from home buyers.
Mr. Chen Lian Pang, General Director of CapitaLand Vietnam added: “Real estate is a long-term industry. A good investor must stay with the market throughout the rotation cycle, experiencing real estate up and down. When the market sells to the owner, when the market goes down, the investor continues to exist to take on the responsibility of the home buyer. An apartment is a long-term product, homebuyers always need support, maybe a lifetime. CapitaLand is proud to have a long-standing reputation in the Asian market, whether through the up or down market and in Vietnam, too. We work here and will continue to work longer to serve our customers. “
According to Leow Siu Lin, Consul General of Singapore, the success of CapitaLand in Vietnam is an eloquent demonstration of the strong economic cooperation between Vietnam and Singapore. This success helps to tighten the good cooperation of the two countries.
You are reading the article CapitaLand: Sustainable Investment Rules in the Real Estate category at https://realestatevietnam.com.vn/.
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