DEFINE–Ultra Luxury Residential Development

🏷️ Project Name: DEFINE – Ultra Luxury Residential Development – Developed by CapitaLand Development (Vietnam)

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📍Location

  • Address: 60 Trương Văn Bang Street, Thanh Mỹ Lợi Ward, Thu Duc City, Ho Chi Minh City, Vietnam
  • Strategic position along Saigon River, within Thu Thiem – District 2 prime residential zone
  • Direct connectivity to: Mai Chi Tho Boulevard, Thu Thiem Tunnel, CBD District 1

🧩 JV Formation

  • Developer: CapitaLand Development (Vietnam)
  • Local Entity: Thien Duc Company Limited
  • Project structure: Foreign-invested residential development under Vietnamese legal framework

🏙️ Building Use

  • Primary: Ultra-luxury residential apartments
  • Secondary:
    • Private facilities & amenities
    • Basement parking (automatic system)
  • Target segment: High-net-worth individuals (HNWIs)

🏢 Structural System & Number Of Story

  • Structural System:
    • Reinforced Concrete (RC) frame + shear wall system
    • Flat slab / post-tension slab (typical high-end residential)
  • Scale:
    • 01 Tower
    • ~26 above-ground floors
    • ~2–3 basement levels (auto parking system)
  • Total Units: ~88 units
  • Floor efficiency: ~4 units/floor
  • High floor-to-floor height (luxury standard)

💵 Contract Amount

  • Not publicly disclosed
  • Estimated: Ultra-luxury segment
  • Indicative market value: ~5,000 – 8,000 USD/m² (reference only)

🚀 Commencement

  • Construction commencement: ~Q4/2021
  • Current status: Structural completion + façade progressing / near completion (depending on phase)

📐Design

  • Concept: Boutique ultra-luxury living inspired by Monaco waterfront lifestyle
  • Design Characteristics:
    • Low-density tower
    • Private lift access to each unit
    • Panoramic river-facing orientation
  • Key Consultants (typical – to confirm in contract):
    • Architecture: International design consultant
    • Structure & MEPF: Specialized engineering consultants

🧾Design Information

  • Unit Types:
    • 3BR, 4BR, Duplex, Penthouse
  • Unit Size Range: ~197 m² – 528 m²
  • Key Features:
    • Private pool / jacuzzi per unit
    • Private garden / terrace
    • Full-height glazing façade
    • Smart home integration
  • Finishing Standard:
    • Imported premium brands (kitchen, sanitary, façade systems)
    • High-end interior fit-out

🏗️ Construction Control

  • Project delivery aligned with international standards (CapitaLand governance)
  • QA/QC:
    • Strict inspection & test plans (ITP)
    • Material approval procedures
  • HSE:
    • International safety standards compliance
  • BIM Application (typical for this level):
    • Coordination model (Arch–Str–MEPF)
    • Clash detection & resolution
    • Shopdrawing integration
  • Contractor management:
    • Multi-package subcontracting approach

📅Contract Date

  • Not publicly disclosed
  • Typically aligned with EPC / Main Contract award timeline

⭐ Special Work

  • Automatic parking system (robotic parking)
  • Private pool for each unit (rare in Vietnam market)
  • High-end façade system (unitized curtain wall)
  • Smart home & building automation system (BMS)
  • EV charging infrastructure
  • Luxury clubhouse & wellness facilities (~40–50 amenities)

🛠️ Scope Of Work

(Typical Main Contractor / Design & Build Scope)

  • Design coordination (if D&B or partial D&B)
  • Construction works:
    • Substructure (basement, foundation)
    • Superstructure (RC frame)
    • Façade system
    • MEPF systems
  • Interior finishing (shell & core / full fit-out depending on package)
  • External works & landscape
  • Testing, commissioning & handover

⛔ Work Excluded

(To be adjusted per contract package – sample below)

  • Off-site infrastructure (roads, utilities outside plot boundary)
  • Authority approval (if under Developer scope)
  • Sales, marketing & operation
  • FF&E loose furniture (if not included)
  • Post-handover property management
  • Specialist systems under separate nominated subcontractors (if applicable)