Luxury residential DEFINE fully book after two hours
Luxury residential DEFINE fully book after two hours
CapitaLand Development, the development arm of CapitaLand Group, has had all units of DEFINE, its highly-anticipated luxury residential development in Ho Chi Minh City booked in two hours at the exclusive weekend preview on December 4, and before noon, all 88 units of the development were booked.
The units were booked at an average price of about VND125 million ($5,430) per square metre and all units were priced above VND23 billion ($1 million).
The highest-priced four-bedroom unit on the 24th floor was booked at about VND150 million ($6,520) per sq.m. The penthouse unit located on the 25th level with spectacular views of the Saigon River was also booked through a ballot at about VND83 billion ($3.6 million), equivalent to VND160 million ($6,700) per sq.m.
Ronald Tay, CEO of CapitaLand Development (Vietnam), said: “The stellar record of DEFINE is a testament to CapitaLand’s reputation and real estate expertise in designing and delivering high-quality residential projects that attract discerning homeowners. With our experience operating in Vietnam for over 25 years, we are attuned to the market’s demand for well-located and well-designed homes. Homebuyers are drawn to DEFINE’s luxurious lifestyle amenities such as a private courtyard, a private lap pool, lift access directly to the apartment, as well as its first-in-market features such as the first automated smart car parking system in a residential development in Vietnam.”
“A green-certified and award-winning property, DEFINE raises the benchmark for residential projects in the country, combining luxury and sustainability to enrich the lives of our residents. Having had all the units at DEFINE booked, we look forward to the launch of our first luxury residence in Hanoi, Heritage West Lake in the first half of 2022,” added Tay.
DEFINE has a range of unit types, from a 197sq.m 3-bedroom to a 296sq.m 4-bedroom, as well as a 528sq.m penthouse.
Most units come with either a private courtyard garden or private lap pool. The apartments feature high-quality and well-known brands including a kitchen outfitted with Poliform and V-Zug products as well as bathroom amenities from Gessi and Villeroy and Boch. This is the first time Poliform and V-Zug’s products are included in a residential development in Ho Chi Minh City.
As part of Capitaland Development (Vietnam)'s ongoing digitalisation efforts, interactive sales kits are used to facilitate a seamless viewing and buying experience for potential homebuyers at the sales preview. Through an immersive 3D tour, customers can get a 360-degree close-up view of the entire residential project and its facilities. They are also able to gain a better understanding of the units’ layout and availability. The digital experience received positive feedback from homebuyers and sales agents.
Slated for completion in 2024, DEFINE is co-developed with Thien Duc Trading and Construction Co., Ltd.
Selected units feature a private lap pool with a spectacular view overlooking the Saigon River
Located along Thanh My Loi street in the administrative centre of Thu Duc city of Ho Chi Minh City, DEFINE enjoys excellent connectivity. It is a 10-minute drive to Ho Chi Minh City’s central business districts, while Tan Son Nhat International Airport is a 20-minute drive away.
DEFINE is also situated close to many well-known educational institutions including the British International School, International School Ho Chi Minh City, and Australian International School.
Residents can also enjoy easy access to a variety of lifestyle and food and beverage options nearby such as the Faifo Lane retail mall, Annam Gourmet, and Starbucks. Hospitals and clinics such as the American International Hospital and Victoria Health Care are within a 5-10-minute drive.
DEFINE is a multiple award-winning residential development. In November 2021, DEFINE won two prestigious accolades at PropertyGuru Vietnam Property Awards 2021. DEFINE was awarded Best Luxury Condo Development in Ho Chi Minh City and Best High Rise Condo Development in Vietnam. It also won Best Luxury Condo Architectural Design in 2019. DEFINE is also a green-certified development, receiving the Green Mark Gold accolade from Singapore’s Building and Construction Authority.
