OPERATIONS AND MARKET REVIEW
OVERSEAS
Vietnam
RESIDENTIAL
Villas
Ho Chi Minh City
Villa Riviera, District 2
Villa Riviera, Keppel Land’s maiden
residential project in Vietnam, has been
well-received by the local community.
All 101 units of the waterfront villa
development were snapped up by
January 2007, less than 12 months from
its official launch. These units have been
handed over to the buyers following its
completion in December 2007.
Fronting the scenic Saigon River,
Villa Riviera is touted as Ho Chi Minh City’s
(HCMC) finest waterfront address in the
elite neighbourhood of An Phu Ward in
District 2. This gated residential
development features 4- and 5-bedroom
villas in eight different layouts,
complemented with a host of resort-style
facilities. The surrounding area, popular
with the expatriate community and the
upper-income locals, enjoys close proximity
to the International School, British
International School and Metro Hypermart.
The sell-out success of Villa Riviera is
testament to Keppel Land’s hallmark
quality, and has further strengthened
Keppel Land’s position as the premier
foreign developer in Vietnam. The Group
has also developed a strong following of
local supporters for its future projects.
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Keppel Land has received investment licences
for The Estella
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Luxury Villa Development, District 9
In District 9, Keppel Land is jointly
developing a 139-unit luxury villa
project. Located on a 97,000-sm
site close to the Rach Chiec Sports
Complex and Keppel Land’s Saigon
Sports City in District 2, the development
enjoys a 280-metre river frontage and
comes complete with recreational
facilities including a clubhouse, a
swimming pool, tennis courts and
24-hour security. The development is
expected to be launched in 2008.
Villa Development, District 9
Keppel Land has entered into a joint
venture with local developer An Phu
Corporation, to develop 204 villas in
District 9, HCMC. Located on a
129,739-sm site, with a gross floor area
(GFA) of 53,510 sm, the development
presents a quality lifestyle with a
comprehensive range of recreational
facilities, including a private clubhouse,
swimming pools, tennis courts and
24-hour security in a tropical setting.
Some 100 units are slated to be
launched in 2009.
Residents can look forward to living
amidst lush surrounds and yet enjoy
close proximity to downtown HCMC
via the Thu Thiem Bridge, East-West
Highway and Saigon River Tunnel, which
are currently under construction and
slated for completion over the next two
years. The development is also located
close to universities and schools and
the Saigon High Tech Park where Intel’s
US$1 billion test and assembly plant is
under construction.
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