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CapitaLand Development breaks ground on $800-million The Fullton
CapitaLand Development (CLD) has launched its first low-rise residential project in northern Vietnam – the $800 million Fullton – a 25-hectare luxury enclave within Vinhomes Ocean Park 3 in Hung Yen province. The groundbreaking on June 6 marks CLD’s strategic expansion into Hanoi’s high-end housing market.
The Fullton will be delivered in two phases. The initial phase, The Fullton Edition, will introduce 342 residential units across 12 hectares by 2026, with approximately 350 additional residences to follow in the second phase, scheduled for completion in 2027.
The Fullton occupies a prime location with convenient access to the Northern Key Economic Region via a network of key transport corridors, including National Highway 5A, Ring Road 3.5, the Hanoi-Hai Phong Expressway, Ngoc Hoi Bridge, and Tran Hung Dao Street (set to begin construction later this year).
Its location makes inner-city Hanoi highly accessible to Fullton residents, while offering a peaceful retreat from the urban core.
According to Tan Wee Hsien, CEO of CLD Vietnam and International, The Fullton, developed in collaboration with its joint venture partner, Far East Organisation, is designed to meet the rising demand for premium, low-density living in North Vietnam, particularly among discerning homeowners and professionals working in and around Hanoi.
"With nearly 700 homes and shophouses planned, and a range of villa types like enclave, twin, and detached villas within a secure gated community, we’re creating a residential community that blends exclusivity with accessibility. This venture marks our first step into the Greater Hanoi area, a region where we see significant growth potential, especially as infrastructure improves, and lifestyle preferences shift towards greener and more spacious environments," said Tan.
Jaya Ratnam, Singapore’s Ambassador to Vietnam, noted the significance of the project in the context of broader bilateral relations.
"I am pleased to witness the groundbreaking of CLD’s latest undertaking in Vietnam. This reflects the continued strong confidence of Singaporean businesses in Vietnam’s growth and development. The Fullton rides on Vietnam’s continuing urbanisation journey, providing quality homes while helping to transform key districts and provinces," said Ratnam.
Drawing inspiration from Vietnam's iconic terraced landscapes, The Fullton's layered architectural approach creates distinct zones while integrating homes into green spaces that harmoniously blend tranquillity, contemporary luxury, and meaningful community interaction.
Artist’s Impression of The Fullton Edition, the initial phase of The Fullton
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At the heart of The Fullton lies a vibrant 1.9-hectare Central Park, designed to encourage community, wellness, and recreation, featuring dedicated zones for every lifestyle.
The Fullton integrates sustainable features, such as electric vehicle charging infrastructure, extensive green spaces, and energy-efficient building orientations. These thoughtfully integrated green features reinforce CLD's commitment to sustainable development, building vibrant communities while utilising environmentally conscious living spaces that align with Vietnam’s evolving urban development goals.
VIR
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