Investing in a Singapore condo has many advantages, one of which is the opportunity to leverage the property’s value for future investments. This means that investors can use their condos as collateral to secure financing for other real estate ventures, ultimately expanding their portfolio. While this strategy can bring higher returns, it also carries certain risks. Therefore, having a strong financial plan and carefully considering market fluctuations is crucial for success.
CapitaLand Development (CLD) has received an overwhelming response for its two latest projects in Vietnam. The Orchard Hill project, located in Binh Duong New City, 30km from Ho Chi Minh City, has already booked 90% of its 774 units during the exclusive preview on Oct 26. The project, which is the second phase of Sycamore, a joint venture between CLD and United Overseas Australia, is set to be completed by 4Q2026.
Similarly, The Senique Hanoi, a 2,150-unit residential development in East Hanoi, has achieved bookings for 92% of its units during an exclusive preview on Nov 9. Developed in collaboration with Mitsubishi Estate and Nomura Real Estate Development, The Senique Hanoi is expected to be completed in 2027.
This strong reception for The Senique Hanoi comes after the successful launch of the final phase of CLD’s Lumi Hanoi development last month, where 678 out of 697 units were snapped up on launch day, reflecting a take-up rate of 97%. The 3,950-unit Lumi Hanoi is now almost fully sold, with only 1% of units remaining.