CapitaLand Development Breaks Ground on The Senique Hanoi, Third Residential Unveil of 2024
17 Oct 2024
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Hanoi, 17 October 2024 – CapitaLand Development (CLD) announces the groundbreaking of The Senique Hanoi today, the latest residential project by CLD in the Eastern part of the capital city. Set across 2.1 hectares, the development will feature approximately 2,150 units, set to redefine modern urban living in the area. As CLD’s third project groundbreaking in 2024, The Senique Hanoi is a pivotal step in the company’s long-term commitment to expand its residential portfolio to 27,000 units by 2028.
CLD announces the groundbreaking of The Senique Hanoi today, the latest residential project by CLD in the Eastern part of the capital city
This milestone follows the success of Lumi Hanoi, another residential project by CLD that broke ground in March 2024 and achieved an impressive sales result of 99% in just seven months across three phases.
Mr Ronald Tay, CEO of CapitaLand Development (Vietnam), said: “The groundbreaking of The Senique Hanoi today is more than just the start of a new project—it underscores CLD’s deep-rooted commitment to driving Vietnam’s urban transformation. In 2024, we have broken ground on three major developments: Sycamore, Lumi Hanoi, and The Senique Hanoi. Together, these projects boast a total gross development value exceeding S$2.6 billion (approximately 47 trillion VND [1]). This has reflected our confidence in Vietnam’s growth potential. The Senique Hanoi represents a significant step forward in our commitment to expand our residential portfolio to 27,000 units by 2028. We believe The Senique Hanoi will redefine living standards in East Hanoi, just as Lumi Hanoi has transformed the western part of the city.”
Mr Ronald Tay, CEO of CLD (Vietnam) speaking at the event
Mr Tay also emphasised the significance of collaborating with leading developers from Japan: “We are proud to partner with Japan’s esteemed Mitsubishi Estate Co., Ltd. and Nomura Real Estate Development Co., Ltd. for this project. Their expertise brings valuable design insights and best practices from Japan, integrating a strong focus on sustainability. These values, which have consistently defined CLD’s developments, will once again drive the lasting impact we create within our communities.”
His Excellency Mr Jaya Ratnam, Singapore’s Ambassador to Vietnam, highlighted CLD’s significant contributions to Vietnam’s urban development: “CLD’s achievements in Vietnam reflect its dedication to foster urbanisation and economic growth in Vietnam. I am proud to witness CLD’s continued efforts and growth in Vietnam are setting new benchmarks for sustainable urban development in Vietnam.”
His Excellency Mr Jaya Ratnam, Singapore’s Ambassador to Vietnam, highlights CLD’s significant contributions to Vietnam’s urban development
Artist impression of The Senique Hanoi’s façade
About The Senique Hanoi: A harmonious fusion of East and West in the heart of East Hanoi
Located in the vibrant East Hanoi district, The Senique Hanoi spans 2.1 hectares and boasts a projected gross development value of S$600 million (VND 10.8 trillion). Slated for completion in 2027, the development offers excellent connectivity to major road networks and the upcoming Metro Lines 1 and 8.
The project’s ‘East meets West’ design integrates contemporary architecture with cultural heritage, drawing inspiration from traditional bamboo weaving patterns woven throughout the project’s design. This thoughtful blend of modernity and tradition creates a distinctive and visually compelling residential environment.
The Senique Hanoi comprises approximately 2,150 units across three 37-storey towers. Homebuyers have a diverse range of unit types to choose from, starting with one-bedroom units at 42 square metres (sq m) and extending to four-bedroom units up to 186 sq m. The development also features duplex units and penthouses, ranging from 118 sq m to 430 sq m. The Senique Hanoi will offer universal bathrooms designed for safety. These bathrooms will be available in larger two-bedroom units that start from 80 sq m, as well as in three-bedroom and four-bedroom units.
The Senique Hanoi promises an exceptional urban lifestyle within a gated community, complemented by a range of modern amenities. There is a livestream room to cater to the evolving needs of digital professionals and content creators. Other amenities include a 50-metre lap pool, a sky garden with resting areas, co-working spaces and a 3D golf simulation room. For families, the development offers a dedicated kids' adventure zone and playground.
[1] All VND figures in this news release have been converted based on an exchange rate of S$1 = VND 18,000.
About CapitaLand Development (Vietnam) (https://www.capitaland.com/vn)
CapitaLand Development (CLD) is the development arm of the CapitaLand Group, with a portfolio worth S$21.3 billion as of 30 June 2024. CLD’s well-established real estate development capabilities span across various asset classes, including integrated developments, retail, office, lodging, residential, business parks, industrial, logistics and data centres.
CLD (Vietnam) oversees and grows CLD’s investment and development business in Vietnam, one of CLD’s core markets where it has built an extensive presence over 30 years. CLD (Vietnam)’s portfolio comprises one SOHO development, two integrated developments, and over 18,000 quality homes across 18 residential developments. Its strong expertise in master planning, land development and project execution has won numerous accolades including Asia Pacific Property Awards, PropertyGuru Asia Property Awards, PropertyGuru Vietnam Property Awards and Golden Dragon Award.
CLD aspires to be a developer of choice that goes beyond real estate development to enrich lives and uplift communities. It is committed to continue creating quality spaces for work, live and play in the communities in which it operates, through sustainable and innovative solutions.
As part of the CapitaLand Group, CLD places sustainability at the core of what it does. As a responsible real estate company, CLD complements CapitaLand’s businesses through its contributions to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
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