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News Release

Vietnam

JLL partners with CapitaLand Vietnam to deliver true international standard property management across Vietnam

JLL has been selected to manage Vista Verde in Ho Chi Minh City and Mulberry Lane in Hanoi on behalf of CapitaLand Vietnam


Vietnam, 15 March 2017 - JLL is delighted to announce that is has been appointed on behalf of CapitaLand Limited and Thien Duc Trading Construction Co., Ltd, to provide exclusive property and asset management services for Vista Verde project, strategically located in the administrative centre of District 2, Ho Chi Minh City; and Mulberry Lane project on behalf of CapitaLand Limited and Hoang Thanh Investment and Infrastructure Development Joint Stock Company, located at Hanoi's new Central Business District.

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The Vista Verde development in Ho Chi Minh City is located on 34,056 square meters of land. Located in Thanh My Loi Ward, in the heart of District 2's administrative center. Vista Verde is positioned in close proximity to all essential amenities such as the MM Mega Hypermart, Vingroup Meg Mall, Lotte Cinema, Phuc An Khang Hospital, and prestigious international schools such as ACG International School. Vista Verde is 10 minutes away from District 1 and 7, with excellent connectivity via the Thu Thiem Tunnel, Thu Thiem Bridge, Saigon Bridge and Phu My Bridge. The project is expected to complete in Q4/2017.

Designed for modern living, Vista Verde has been designed with spacious living and dining areas, natural ventilation and loggia. There are 1,152 premium apartments offering state-of-the-art recreational facilities such as centrally positioned gym and clubhouse featuring a 360-degree resort-style swimming pool, lounging islands, jogging track, and tennis court. In addition, Vista Verde also provides a retail mall at ground level offering residents with all essential retail / food and beverage operators within the development.

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The Mulberry Lane development in Hanoi sits on 24,466 square meters of land and is strategically located in the Mo Lao New Urban Area, an up-and-coming residential area that is the preferred choice of affluent locals and expatriates. Prestigious educational institutions such as Hanoi University and The Architectural University are in close proximity in addition to the National Convention Centre. The project is located on the main route to Noi Bai Airport. This area will be further enhanced with new modern infrastructure, which will include the new sky train creating a convenient link between the old and new CBD of Hanoi.

There are 1,478 premium apartments offering various unit types from studio to three-bedroom apartments, duplex units with double volume space and penthouses with private rooftop landscape decks. A full suite of facilities awaits residents including a 50-metre swimming pool and gymnasium, a sauna, putting greens for avid golfers, multi-purpose court and tai chi lawn for three-generation families.

Mr. Chen Lian Pang, CEO of CapitaLand Vietnam said: "JLL has been selected due to their professional and high-quality property management services. Choosing JLL to provide the onsite services including customer care, maintenance, operation and facility management for Mulberry Lane and for our latest flagship project Vista Verde will enhance the day to day environment and community in both cities".

Mr. Stephen Wyatt, Country Head of JLL Vietnam added: "It is an honour to work with such a successful and prestigious developer such as CapitaLand Development Corporation. We aim to bring the highest levels of international property management to Mulberry Lane and Vista Verde by implementing property management systems, training for all staff, backed up with Head Office support from Vietnam and Singapore".   

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