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As the first high-rise residential project to be assessed by CONQUAS (BCA of Singapore) in Vietnam, owners are assured of great value for their investments in Celadon City.
Celadon City, Ho Chi Minh City, Vietnam
A key feature of this 200-acre 60%-owned development is
its Central Park, a 40-acre green lung complete with fully
landscaped gardens, serene lakes, as well as jogging and
cycling tracks.
This unique feature sets Celadon City apart from other
conventional property developments in Vietnam, as 25%
of the land is reserved as recreation space. The
development comprises 7,405 units of apartments and
commercial lots. Other commercial components include
small office buildings, sports and recreation complex,
international schools, convention hall and a cultural and
entertainment centre.
With an estimated GDV of RM4.8 billion, Celadon City is
destined to be a vibrant commercial and cultural hub in
the city.
Despite a weak market response during its maiden launch
in 2011, the entry by AEON Group of Japan to develop the
largest flagship retail mall in Celadon City is envisaged to
bolster property sales significantly. The construction of
AEON’s mega retail mall is ongoing.
Celadon City has a remaining GDV of RM4.7 billion over
the next eight years.
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Operations
Review
Gamuda Berhad (29579-T)
Annual Report 2013
Taking a relaxing stroll in Celadon City’s beautiful lake garden reconnects residents with Mother Nature and offers the perfect anti-thesis to Ho Chi Minh city’s hustle and
bustle.