Singapore: CapitaLand Vietnam launches JV with Thanh Nien arm for $55m housing project

Singapore: CapitaLand Vietnam launches JV with Thanh Nien arm for $55m housing project

Visual of CapitaLand portal. October 2015.

CapitaLand Vietnam, a unit of Singapore-based realty major CapitaLand Limited, has entered into a joint venture (JV) with Saigon Commercial & Tourism Corporation, a subsidiary company of Thanh Nien Corporation (Thanh Nien), to develop a prime site in District 2 at Ho Chi Minh City, for an estimated project value of $55 million.

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