Home News Property

CapitaLand Development acquires prime site in Vietnam with projected total gross development value of $1.12 bil

Felicia Tan
Felicia Tan12/14/2021 9:27 AM GMT+08  • 3 min read
CapitaLand Development acquires prime site in Vietnam with projected total gross development value of $1.12 bil
The transaction is expected to be completed by the first half of 2022.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

CapitaLand Development (CLD), the development arm of CapitaLand Group, announced on Dec 14 that it will acquire a prime site for its first large-scale residential project in Vietnam.

The project will have an estimated total gross development value of VND18,330 billion ($1.12 billion).

The site is located in Vietnam’s Binh Duong New City within the Binh Duong province, which is some 30 km away from Ho Chi Minh City.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.