CapitaLand buys US$38.9m site for its 11th residential project in Vietnam
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Singapore
CAPITALAND has bought a 14,474 sq m site in Ho Chi Minh City, Vietnam, for US$38.9 million to develop into residences that it estimates will be worth US$177 million.
The 1.45 ha site in District 4 will be developed into an 870-unit residential development with a retail component, with views of the Saigon river and the city skyline, CapitaLand said.
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