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CapitaLand buys prime residential site in Ho Chi Minh City

Company has paid 62 per cent of the about S$81.4m purchase price

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Artists impression of the new CapitaLand landed residential development to be built in District 2 of Ho Chi Minh City.

Singapore

CAPITALAND has bought a 60,732 square metre prime residential site in Ho Chi Minh City, Vietnam, for 1.38 trillion Vietnamese dong (S$81.4 million) in cash, the property developer said on Thursday during the midday trading break.

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