Specifically, CapitaLand won the Best Housing Development award in Vietnam, Best Residential Masterplan Design, and Best Eco-Friendly Housing Development for Sycamore, its first large-scale residential development in Vietnam.

Representatives from CLD received the awards

Located in Binh Duong New City, Sycamore has a total area of 18.9 hectares and is expected to comprise over 3,700 freehold residential units across a mix of low-, mid-, and high-rise residential developments, providing homes for about 13,000 residents.

In addition, CLD also received the Special Recognition for CSR award for the third year, recognising CLD’s contributions to the community.

Through CapitaLand’s philanthropic arm, CapitaLand Hope Foundation (CHF), nearly $2 million have been donated to support the education and healthcare needs of vulnerable children in Vietnam since 2007.

To date, CHF has supported close to 1,400 children by improving their access to education through the four CapitaLand Primary Hope Schools and Hope Kindergartens in Phu Tho, Long An, and Hung Yen.

CLD also received the Special Recognition for CSR’award for the third year, recognising CLD’s contributions to the community

Ronald Tay, CEO of CLD Vietnam said, “CLD has been at the forefront of shaping the built environment through our strong expertise in master planning, extensive design, and real estate development capabilities. These awards reaffirm CLD’s efforts to create quality spaces for the community to work, live, and play through sustainable and innovative solutions. With over 28 years of experience in Vietnam, CLD continues to consolidate our reputation as a developer of choice, creating well-designed and well-loved residential developments for discerning homeowners."

Tay added, “As a long-term partner to Vietnam’s economic development, CLD goes beyond building real estate to enrich lives and uplift communities. We encourage our customers to lead more sustainable lifestyles and to support local communities in Vietnam, particularly the development and education of vulnerable children in the country. Vietnam is one of our core markets, and we aim to accelerate our investment in the country over the next five years, deepening the significant presence we have established.”

To be launched in Q2 2023, Sycamore offers a premium, resort-style residential development for residents seeking a well-designed and secure home in the fast-developing Binh Duong New City.

Residents can choose from seven residential enclaves within the large-scale development to suit their needs.

Two are set to offer spacious terraced houses, semi-detached houses, and villas with private clubhouses and gardens.

Residents who prefer high-rise residential properties will find themselves at home at the 24-storey towers in four of the enclaves and each will come with food and beverage and retail options such as convenience stores, café, restaurants, and spas. The last enclave will feature a 10-storey apartment, and each enclave will also have its own private entrance.

The first phase of Sycamore is slated to completed be in 2024, while the rest of the project is scheduled for completion in 2027.

CLD was recognised for its excellence in master planning at the prestigious PropertyGuru Vietnam Property Awards 2022.

Throughout the large-scale development, Sycamore features highly functional designs and environment-friendly features that will serve the needs of communities, setting a new standard in prime residential living in Binh Duong New City.

Sycamore will focus on sustainability, enhancing the efficiency in the use of resources such as energy and water.

Sycamore will be designed and built to be green-certified and is expected to obtain its EDGE certification by the International Finance Corporation, a member of the World Bank Group.