CapitaLand Development (CLD) has received an overwhelming response for its two projects in Vietnam during their recent previews.
The first project, Orchard Hill, is a 774-unit high-rise development located in Binh Duong New City, about 30km from Ho Chi Minh City. This project is the second phase of Sycamore, a joint venture between CLD and United Overseas Australia. Sycamore comprises of 3,500 freehold units including low-, mid-, and high-rise developments. Since its preview on Oct 26, 694 units, or 90% of Orchard Hill have been booked, with one- and two-bedders being the most popular. The project is expected to be completed by 4Q2026.
On Nov 9, CLD held an exclusive preview of its second project, The Senique Hanoi, a high-rise residential development in East Hanoi with 2,150 units. The project is a collaboration between CLD, Mitsubishi Estate and Nomura Real Estate Development and is targeted to be completed in 2027. The project has already achieved bookings for 92% of units.
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This strong reception for The Senique Hanoi follows the successful launch of the last phase of CLD’s Lumi Hanoi residential mega-development in October. Within just one day, 678 out of the 697 units released for sale were snapped up, resulting in a 97% take-up rate. The entire 3,950-unit Lumi Hanoi development is now 99% sold.