Operations and Market Review Overseas - Vietnam

The sold-out Villa Riviera in Ho Chi Minh City is testament to Keppel Land’s reputed quality hallmark.


Residential
Villas
Ho Chi Minh City
Villa Riviera, District
All 101 waterfront villas at Villa Riviera, Keppel Land’s maiden residential project in Vietnam, were successfully handed over to buyers in 2008.

Located in the elite neighbourhood of An Phu Ward in District 2, Villa Riviera has now become the most desired residential address in Ho Chi Minh City (HCMC) and home to the affluent locals as well as the expatriate community. With a 250-metre frontage of the landmark Saigon River, complemented by resortstyle facilities, the gated compound provides serenity and 24-hour security. The development also enjoys close proximity to international schools, hypermarket and other upcoming high-rise developments.

In recognition of the quality of the development, Villa Riviera received the prestigious Golden Dragon Award in the construction quality category from the Vietnam Ministry of Planning & Investment and The Vietnam Economic Times in 2008. This is further testament to Keppel Land’s hallmark quality and brand name, and strengthened the Group’s position as the premier property developer in Vietnam.

Riviera Cove, District 9
Following the success of Villa Riviera, the same concept is being developed on a larger 9.7-ha site located at the border between District 2 and District 9, close to the Rach Chiec Sports Complex and Keppel Land’s Saigon Sports City integrated development.

Residents of the 96 resort-style villas will enjoy a comprehensive range of recreational facilities including a clubhouse, swimming pool, tennis court, children’s playground and 24- hour security. A river promenade will be constructed to allow residents to stroll along the 280-metre river frontage.

Villa Development, District 9
Another gated villa development in the pipeline is located on a 13-ha site and will yield 204 villas set amidst 20- to 25-metre tall indigenous trees. It will be complemented with a comprehensive range of facilities and amenities including a private clubhouse with state-of-the-art gymnasium facilities, swimming pool, children’s interactive playground and tennis courts.

The development is located close to schools, universities and the Saigon High-Tech Park where Intel’s US$1 billion test and assembly plant is under construction. Major infrastructure works such as Thu Thiem Bridge, East-West Highway and Saigon River tunnel are currently under construction and the completion of these major infrastructure will shorten the travelling time to the CBD to less than 30 minutes, giving home owners the privilege of living in a sanctuary within the city.

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