SINGAPORE (Aug 30): CapitaLand is acquiring a prime site in Ho Chi Minh City for VND1,380 billion ($81.4 million) to build more than 100 landed residential units.

Measuring over 60,000 sqm in total area, CapitaLand is set to build on this site its 13th residential development in Vietnam, targeted for completion by 2021.

The target site is located at Binh Trung Dong Ward in the fast-growing District 2 of Ho Chi Minh City where amenities such as international schools, shopping malls, supermarkets as well as food and beverage outlets abound.

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