On June 6, CapitaLand Development (CLD) commenced construction on The Fullton, their inaugural high-end low-rise residential project in northern Vietnam.
Located within Vinhomes Ocean Park 3 in Hung Yen Province, east of Hanoi, The Fullton has an approximate gross development value of around US$800 million. This venture represents CLD’s inaugural high-end low-rise housing project in the north.
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The groundbreaking ceremony for Fullerton was held with the presence of His Excellency Jaya Ratnam, Singapore's Ambassador to Vietnam, along with representatives from CapitaLand Development and partnering entities. The photo is provided courtesy of CapitaLand Development. |
The inauguration event for the ground-breaking ceremony included several notable figures: His Excellency Jaya Ratnam, who serves as Singapore’s Ambassador to Vietnam; Tan Wee Hsien, Chief Executive Officer of both CapitaLand Development Vietnam and its international arm; Marc Boey, an Executive Director from Far East Organization; Christina Goh, responsible for development projects and asset management within Far East Organization; along with Alwin Low, serving as the General Manager for North Vietnam under CapitaLand Development (Vietnam).
Covering an area of 25 hectares, The Fullton project will proceed with two stages. In the initial stage known as The Fullton Edition, there will be 342 homes spread over 12 hectares, anticipated to finish by 2026. Phase two plans to add another 350 housing options scheduled for wrap-up in 2027.
Fullton boasts excellent access to the North’s key economic zone through vital transport links such as National Highway 5A, Ring Road 3.5, Hanoi–Hai Phong Expressway, Ngoc Hoi Bridge, and the upcoming Tran Hung Dao Street set for development in 2025. Its position provides inhabitants with convenient travel to downtown Hanoi yet retains a tranquil atmosphere.
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At the groundbreaking ceremony held on June 6, Tan Wee Hsien, who serves as the CEO of CapitaLand Development Vietnam and International, addressed the audience. The image was provided by CapitaLand Development. |
Tan Wee Hsien highlighted that The Fullton, created in partnership with Far East Organization, caters to the rising demand for premium, low-density homes in northern Vietnam, especially among selective homebuyers and professionals near Hanoi.
Boasting around 700 residences and shops that include different types of villas such as enclaves, twins, and standalone houses within a protected fenced-off neighborhood, our objective is to establish an esteemed and easily reachable living space," stated Tan. "This represents our first step into the broader Hanoi region, where we anticipate substantial development prospects fueled by advancements in infrastructure and shifting lifestyle trends.
The Singaporean Ambassador to Vietnam, His Excellency Jaya Ratnam, who was present at the event, highlighted the importance of the initiative in bolstering the relationship between their two nations.
“I am delighted to attend the groundbreaking ceremony for CLD’s newest venture in Vietnam,” he stated. “This event underscores the enduring trust that Singapore-based companies place in Vietnam’s economic progress.” He added, “The Fullton harmonizes perfectly with Vietnam’s rapid urbanization, offering premium residences and aiding in the redevelopment of strategic areas across various districts and provinces.”
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His Excellency Jaya Ratnam, Singapore's ambassador to Vietnam, highlighted the importance of the project within the larger framework of bilateral ties. The photo was provided by CapitaLand Development. |
The Fullton offers exquisitely crafted boutique townhouses, exclusive enclaves of villas, paired villas, and standalone villas located in a protected residential area.
Drawing inspiration from Vietnam’s distinctive stepped terraces, this project’s tiered architecture seamlessly blends with the lush environment, offering serenity, modern opulence, and lively communal areas.
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A visual representation of The Fullton Edition, the first stage of The Fullton project, as imagined by an artist. Image provided courtesy of CapitaLand Development. |
The core of this initiative features a lively 1.9-hectare central park aimed at promoting community engagement, health, and leisure activities. This space encompasses specialized play areas like themed playgrounds, a skate park, sandbox, and labyrinth garden for kids; exercise zones with workout equipment, inner running tracks, and multipurpose sport courts for grown-ups and elderly individuals; along with communal spots including an open-air events area, barbecue facilities, theater stage, and serene gardens ideal for practicing yoga and meditating.
One distinctive aspect of The Fullton is its exclusive clubhouse, which is uncommon in small-scale residential developments. Drawing inspiration from terraced landscapes, this clubhouse harmoniously integrates into its surroundings using tiered vegetation and expansive views. It provides inhabitants with an array of amenities designed for social interaction, leisure, and well-being, thus offering a serene escape within the neighborhood.
The Fullton includes sustainability measures such as facilities for electric vehicles, large green areas, and buildings oriented for optimal energy efficiency. Such environmentally friendly efforts highlight CLD’s continuous dedication to sustainable city growth, enhancing Vietnam’s developing urban environment.
The development division of CapitaLand Group, known as CapitaLand Development, oversees a worldwide asset base worth SGD 21.5 billion (approximately US$16.7 billion) as of March 31, 2025. Specializing in key regions such as Singapore, China, and Vietnam, CLD boasts significant experience in various sectors including mixed-use projects, retail spaces, offices, hotels, residences, commercial parks, industries, logistics facilities, and data centers.
In Vietnam, CLD Vietnam oversees and grows the company’s investment and development activities within this significant market, where it has established a substantial footprint over three decades. The firm boasts an outstanding collection of properties encompassing one SOHO initiative, two mixed-use developments, along with over 19,000 high-quality residences spanning 19 housing ventures. Through its proficiency in strategic planning, property development, and successful implementation of projects, CLD has garnered notable recognition including honors from the Asia Pacific Property Awards, PropertyGuru Asia Property Awards, PropertyGuru Vietnam Property Awards, and the esteemed Golden Dragon Award.
Driven by its vision to be the developer of choice, CLD strives to create quality spaces for living, working, and leisure, enriching lives and uplifting communities through sustainable and innovative solutions. Sustainability remains at the heart of CLD's approach, reflecting CapitaLand Group's broader commitment to environmental stewardship and long-term community well-being.
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