About Developer’s Background
CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company’s diversified real estate portfolio primarily includes integrated developments, shopping malls, serviced residences, offices and homes. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services.
Capitaland VietNam is a subsidiary business unit of CapitaLand. CapitaLand presence in Vietnam is in primarily Ho Chi Minh City, Hanoi, Hai Phong and Danang with its main business in residential and serviced residences sectors. In residential sector, to date, CapitaLand has a portfolio of close to 6,000 homes across six residential projects in Ho Chi Minh City and Hanoi. Four projects in Ho Chi Minh City, which are The Vista, PARCSpring, Vista Verde and one site in Binh Chanh District. The other two projects are in Hanoi, named Mulberry Lane and one site in Ha Dong District. In the serviced residence sector, its wholly-owned serviced residence business unit, The Ascott Limited, has a portfolio of more than 1,800 apartment units in 13 properties across the four major cities, making it the largest international serviced residence owner-operator in the country.