Ascott Opens Two Citadines Properties in Vietnam

Singapore-based Capitaland Limited’s wholly owned serviced residence business unit, The Ascott Limited (“Ascott”), has opened two new Citadines Properties in Vietnam, the 548-unit Citadines Blue Cove Danang and the 229-unit Citadines Regency Saigon. As Vietnam’s largest serviced residence and Ascott’s debut in Danang, Citadines Blue Cove Danang is located by the Han River in the scenic Son Tra peninsular, within a 15 minutes’ drive from Danang International Airport.

Furnished with a mix of studio, one-bedroom, two-bedroom and three-bedroom apartments overlooking the Danang Bay, facilities at the property include a restaurant, a rooftop infinity pool, fitness centre, spa, more than 462 square metres of meeting space and children’s playroom. Citadines Regency Saigon is Ascott’s fifth property in Ho Chi Minh City and is located in District 3, a prime business and residential district of the city. Offering classic rooms, studios and one-bedroom apartments, other facilities include a restaurant, a café, an outdoor swimming pool, fitness centre, children’s wading pool, sauna room, and launderette. Ascott currently has a total of 21 properties offering approximately 4,700 units across seven cities in Vietnam. In the next three years, Ascott is scheduled to add more than 2,000 units across nine properties in Ho Chi Minh City, Hanoi, Danang, Halong City and Binh Duong province.