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Keppel Land acquires two large projects in Ho Chi Minh City, with 1,550 apartments

Project Riviera Point

According to Realestatevietnam, Keppel Land is expected to spend $ 297 million to invest in two projects the group recently acquired in Ho Chi Minh City.

Supplying 1,550 apartments and villas to the market

It is anticipated that Keppel Land’s two acquisition projects will provide the market with about 1,550 units in the future to meet the demand for high-quality housing in Ho Chi Minh City.

Accordingly, the first project is located in South Saigon, this corporation is expected to develop about 220 villas and 1,029 luxury apartments with a total floor area of ​​about 36,110 sqm. This 13-hectare project will be developed by Keppel Land into a residential area for high income earners who will have easy access to the center of Ho Chi Minh City.

The total investment, including land costs, is about $ 235 million and will be built in 2018, the group added.

The second project is located in District 9 (in the East of HCMC), adjacent to District 2. Keppel Land is planning to invest 300 luxury villas here. It is known that the total investment for this land area of ​​about 6 hectares is over $ 62 million.

project Keppel Land
Keppel Land spent $ 297 million to buy two large projects with about 1,550 apartments in Saigon

Ang Gee, Executive Chairman of Keppel Land, said that demand for housing in Vietnam is forecasted to continue to increase in the coming years as young people and rising incomes as well as urban speeds It is going strong. Keppel Land also added that the two projects partly meet the country’s middle-class housing demand, due to its proximity to the city center.

“Both of these projects will contribute to the completion of our plans to build more than 20,000 homes in Vietnam as promised, and we will continue to bring management and engineering expertise to to market high quality apartments to meet the increasing demand of customers in Vietnam, “he added.

Take a look at Keppel Land’s ongoing and ongoing housing projects

In Vietnam, Keppel Land is one of the big and prestigious real estate investors with diversified portfolio in Hanoi, Ho Chi Minh City, Dong Nai and Vung Tau, including Grade A office buildings. , high-end residential projects, commercial centers, modern mixed-use urban areas and award-winning serviced apartments. With over 20 licensed projects and more than 25,000 residential developments in Vietnam, Keppel Land is asserting its name as a leading developer of real estate, always making a difference in quality. It also brings new breakthroughs in lifestyle.

In addition to large commercial projects, such as Estella and Villa Riviera (District 2), Riviera Cove (District 9), Saigon Center shopping center phase 1 ( District 1), PetroVietnam Building (Vung Tau), International Center Building and Vietcombank Tower (Hanoi) … Keppel is continuing to implement a number of other high end projects. Along with Realestatevietnam’s review of some of the projects highlighted below:

Ongoing projects of Keppel Land

Apartment project Estella Heights (District 2)

Location: District 2, Ho Chi Minh City

Project type: Apartment

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Quantity: 496 apartments (phase 1), 376 apartments (phase 2)

Sales Information: Apartments are offered for sale

Only 15 minutes drive from the city center or the Thu Thiem tunnel, the Estella Heights apartment project connects all places in Ho Chi Minh City with easy access.

The project is adjacent to a series of commercial utilities such as Metro Supermarket, Parkson Trade Center, Lotte Cinema and restaurants, shops in Thao Dien – An Phu. Estella Heights is also close to international schools such as International School. Ho Chi Minh City, Europe, England, Australia, Germany …

With a green design in a modern resort style, Estella Heights offers a range of amenities including clubhouse with special entertainment room, gym, café, garden, 400m jogging, tennis courts, two 50m swimming pools and lazy swimming pool for children.

Palm City Project (District 2)

Location: District 2, Ho Chi Minh

Project type: Riverside complex

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Project area: 30ha

Quantity: Phase 1 – Palm Residences: 135 townhouses; Phase 1 – Pam Heights: 816 apartments

Sales Information: Phase 1 – Palm Residences: Sold Out; Phase 1 – Palm Heights: Apartments are offered for sale

Palm City is a new urban area of ​​30.2ha located along the banks of Giong Ong To and Muong Kinh rivers in District 2, the urban center of Palm City, just off the city center. Ho Chi Minh City 15 minutes drive. Through Mai Chi Tho Boulevard, residents can easily connect to other areas of Ho Chi Minh City. Ho Chi Minh. The completion of the Song Hanh Road will make the transportation more convenient. Palm City is just a 5-minute drive from Thu Thiem New Town, the new financial hub of the city.

Palm Ciy Project
Perspective of Palm City project

Palm City will be developed into several phases, including low-rise residential complexes, commercial townhouses, high-rise apartments, office buildings, shopping centers, and amenities such as kindergarten schools, hospitals, shopping centers and riverside promenades.

Project Empire City (District 2)

Location: Thu Thiem New Urban Area, District 2, Ho Chi Minh City

Project type: Riverside complex

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Area of ​​the project: 14.5 ha

Quantity: Phase 1 – more than 800 apartments

Sales information: Phase 1 – open sale in Q4, 2016

Empire City is located in a favorable location along the river with an area of ​​14.6 ha in Thu Thiem New Town, the new center of Ho Chi Minh City. The project will include 3,000 high-grade apartments, offices, retail space and an 86-storey tower complex. Perspective of the Empire City project

Project Empire City (District 2)
Perspective of Empire City project

With a view of the Saigon River and the existing center of HCMC, Thu Thiem New Urban Area is planned to become the economic, commercial and financial center of Ho Chi Minh City, bringing the goods. a range of cultural, leisure and recreational activities. Through East-West Boulevard and Thu Thiem Tunnel, the time to travel from Empire City to the existing center of Ho Chi Minh City is only 5 minutes.

Project Riviera Point (District 7)

Location: District 7, Ho Chi Minh City

Project type: Apartment

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Quantity: 549 apartments (phase 1A)

Sales Information: Apartments are offered for sale

Located on Ca Cam river, Riviera Point is easily connected with Phu My Hung urban area via two bridge bridges, including Phu Thuan bridge. The project is also adjacent to a range of facilities such as international schools, international standard hospitals, banks as well as a range of restaurants.

Project Riviera Point
Perspective Riviera Point project

Upon completion, the Riviera Point project will be the tallest project in District 7 with 40 floors, providing 2,099 luxury apartments along with breathtaking natural scenery. The riverfront shopping and dining area offers residents a great shopping and dining experience.

The View project (Phase 2 of the Riviera Point project)

Location: District 7, Ho Chi Minh City

Project type: Apartment

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Quantity: 518 units

Sales information: Open quarter 4/2016

The View is Phase 2 of Riviera Point project, located along Ca Cam River and connected directly to Phu My Hung urban area via Phu Thuan Bridge and New Bridge.

The project is also adjacent to a range of facilities such as international schools, international standard hospitals, banks as well as a range of restaurants.

The View project
Perspective of the project area of ​​The View Riviera Point

Upon completion, Riviera Point will be the highest project in District 7 with 40 floors, providing 2,099 luxury apartments along with breathtaking natural landscapes. The riverfront shopping and dining area offers residents a great shopping and dining experience.

The View at Riviera Point gives you a lifestyle that is hard to match. Zooming into the horizon from the sky garden on the 29th floor is the sparkling scene of the city at night, which is sure to be a great experience for your romantic evening. Watch the children play when you are relaxing on the hammock in the garden or drop into the wonderful moments when the sky is sharp.

Projects coming soon

Saigon Sports City (District 2)

Location: District 2, Ho Chi Minh City

Type of project: Urban area

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Quantity: 3,900 units

Project area: 64ha

Located in An Phu Ward, a busy residential area, the Saigon Sports City (Saigon Sports City) is only 20 minutes drive from the city center. The project is also easily connected to the northern areas through the Hanoi Highway and to the south via the HCMC-Long Thanh-Dau Giay Expressway.

Saigon sport City
Perspective of Saigon Sports City project

With approximately 3,000 apartments, Saigon Sports City will provide residents with a truly distinctive living – working – entertainment environment.

Designing for a sports center, the Saigon Sports City project will provide world-class sports facilities such as an Olympic-sized swimming pool, tennis training center, a stadium, a gymnasium and a sports training center. In addition, the project will also feature other features such as commercial and retail buildings and educational and medical facilities in the metropolitan area.

Project on the Dong Nai River (Dong Nai)

Location: Dong Nai Province

Type of project: Urban area

Ownership: Long-term ownership for Vietnamese, 50 years for foreigners

Quantity: 7,850 apartments

Project area: 367 ha

Keppel Land together with its joint venture partners DonaCoop and An Phu Long cooperate to develop the urban project in Dong Nai Province, a high-growth local area. Ho Chi Minh 28km north east.

This is the second urban project of Keppel Land in Vietnam after the 64-ha Saigon Sports City project in An Phu Ward, District 2, HCMC.

Read on: Preparing to build Cat Lai Bridge linking Ho Chi Minh City with Dong Nai.

Project on the Dong Nai River
Perspective of the project along the Dong Nai river

Surrounded by Dong Nai River and tributaries, the project is only 45 minutes drive from the center of Ho Chi Minh City. The project will provide residents with a fresh, airy environment with more than 1.5 km of riverfront. This riverside integrated urban area will provide 7,850 homes, including townhouses, villas and apartments, along with a range of commercial facilities.

Over here, Realestatevietnam points to information Keppel Land acquired two large projects in Ho Chi Minh City, scale 1,550 apartments. According to Realestatevietnam, Keppel Land will also launch Saigon Sports City, located in An Phu Ward, District 2. This project has the size of 3,900 apartments, total area of ​​64ha. For more information on the Saigon Sports City project, you can download the Project Overview document compiled by Realestatevietnam Specialist in a single document.

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Keppel Land acquires two large projects in Ho Chi Minh City, with 1,550 apartments
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