Property developer CapitaLand has welcomed a new milestone with the structural completion of Mulberry Lane (pictured), its first residential development in Hanoi, Vietnam that’s jointly developed with Hoang Thanh Investment and Infrastructure Development Joint Stock Company (Hoang Thanh).
“We are proud to have achieved structural completion of Mulberry Lane despite current market challenges. This is testament of our strong delivery track record and our commitment as a real estate developer in Vietnam,” said Yip Hoong Mun, Deputy CEO of CapitaLand Vietnam Holdings.
To celebrate the milestone, buyers of Mulberry Lane units can take up a range of promotional packages, including fit-out and furnishing options up to a maximum of 50 units. Flexible payment schemes and exclusive home mortgage packages with competitive rates will also be offered by Standard Chartered Bank, CapitaLand’s banking partner.
Slated for completion in 2013, the development comprises five towers of 1,478 luxurious apartments within the Mo Lao New Urban Area in Ha Dong District, Hanoi. It sits on a land area of 24,466 sq m, with approximately 500 carpark lots and 3,000 motorbike parking spaces.
Unit types range from studio to three-bedders, as well as special duplexes with double volume space and penthouses with access to a private rooftop landscape deck. The development also features a host of recreational facilities, including a 50-metre lap pool, gymnasium, putting green and tai chi lawn.
Mulberry Lane offers easy accessibility to the city centre and nearby shopping malls, hospitals, universities, supermarkets, schools and a kindergarten. It is also the first residential development in Hanoi to receive Green Mark Certification from Singapore’s Building and Construction Authority (BCA).
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