CapitaLand Development (CLD) has received a warm welcome for its two projects in Vietnam, with high take-up rates at their recent previews.
On October 26, the developer began an exclusive preview of Orchard Hill, a 774-unit high-rise development and the second phase of Sycamore, CLD’s development in Binh Duong New City, located 30km from Ho Chi Minh City. Sycamore is a joint venture with United Overseas Australia and consists of 3,500 freehold units spread across low-, mid-, and high-rise developments.
Since the preview, 694 units, or 90% of Orchard Hill, have been booked, with the one- and two-bedroom units being the most popular. The project is expected to be completed by the fourth quarter of 2026.
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On November 9, CLD held an exclusive preview of The Senique Hanoi, a 2,150-unit high-rise residential project in East Hanoi. The developer reported that the project has already achieved a 92% take-up rate. The Senique Hanoi is a collaboration between CLD, Mitsubishi Estate, and Nomura Real Estate Development, and is slated for completion in 2027.
The strong response for The Senique Hanoi follows the successful launch of the third and final phase of CLD’s Lumi Hanoi residential mega-development in October. During the launch, 678 out of 697 units released for sale were taken up, reflecting a take-up rate of 97%. As a result, the 3,950-unit Lumi Hanoi is now 99% sold.