CapitaLand And Khang Dien Celebrate The Topping Out Of The Krista

The Krista is an urban living community along the river promenade in the established Binh Trung Dong Ward in District 2. Strategically located in the fringe of the city centre, the development will enjoy easy accessibility to Thu Thiem Tunnel and the future Ho Chi Minh City-Long Thanh-Dau Giay Highway. The Krista will offer extensive landscaping and a range of communal facilities within a safe environment. The apartments will be designed with functional layouts to maximize living space. The project will comprise 344 residential apartments across two 18-storey buildings.

Mr. Chen Lian Pang, CEO of CapitaLand Vietnam, said: “Following the success of PARCSpring which is 100% sold, The Krista is another CapitaLand residential project in District 2 which is tailored to suit the needs and lifestyles of young families.

We focus on designing a conducive living environment for young and growing families. The Krista, which is more than 85% sold to-date, will be an outstanding project in District 2 of Ho Chi Minh City. We will continue to build more quality, good value homes to cater to the growing population in Vietnam.”

The Krista offers two-bedroom and three-bedroom units, furnished in earth tones for a pleasant living atmosphere with an open kitchen concept and a practical interior layout design. Outside, a leisurely stroll along the landscaped garden on the first floor will lead residents to a riverside park while a quick sojourn at the rooftop garden on the 12th floor will open up breathtaking views of their surroundings, providing a quiet retreat from the hustle and bustle of the city. Other communal facilities situated within the condominium compound include a sheltered function area, outdoor exercise area, a multi-purpose lawn with trellis and seating, a children’s play area and a foot reflexology path.

CapitaLand Vietnam’s first residential project in Ho Chi Minh City is The Vista, which was completed in September 2011 and has since been handed over to homebuyers. Other completed projects include PARCSpring in Ho Chi Minh City and Mulberry Lane in Hanoi, where residents have received “pink book” or ownership certificates for their property.

The Krista is offering a special promotion to celebrate its structural completion during the topping out period.

To celebrate the structural completion of The Krista, a wide range of promotional packages will be offered to prospective buyers during the topping out period, including a free 2-year Management Fee package for home buyers, flexible payment schemesand exclusive home mortgage packages with Standard Chartered Bank, HSBC, Hong Leong Bank and VIB.

About CapitaLand Vietnam (http://capitaland.com.vn)

Vietnam is one of CapitaLand’s key markets in Asia. The real estate market in Vietnam is supported by the country’s strong economic growth, rapid urbanisation and a young and growing population. CapitaLand is committed to being a long-term real estate developer in the country.

CapitaLand Group's current presence in Vietnam is in the six major cities – Ho Chi Minh City, Hanoi, Hai Phong, Da Nang, Binh Duong, and Nha Trang in the residential and serviced residences sectors. In the residential sector, CapitaLand has a portfolio of close to 7,850 quality homes across eight residential projects in Ho Chi Minh City and Hanoi. In the serviced residence sector, its wholly-owned serviced residence business unit. The Ascott Limited, has a portfolio of more than 3,000 apartment units in 17 properties across the six major cities, making it the largest international serviced residence owner-operator in the country.

CapitaLand will continue to contribute to the Vietnamese economy by hiring and nurturing a strong local team, exchanging knowledge and skills with local partners and contributing to the local communities’ underprivileged children and environment through corporate social responsibility efforts.

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