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Keppel × Khang Dien · Joint Venture

A waterfront, drawnto Singapore lines.

The first joint venture between Keppel Land and Khang Dien — drafted as a three-block, 616-apartment resort address on a 1.29-hectare plate of the larger 11.8-ha Gladia City master plan, set out around five themed parks and a 2 km jogging route along the eastern water.

Keppel LandSingaporeKhang DienHOSE: KDHPropertyGuru VNBest High-End 2024

A-00 · The brief

Two city-makers, one drawing — a first in Vietnam.

Onto the same sheet, Keppel Land sets three decades of Singapore residential craftsmanship and Khang Dien three decades of master planning along Saigon's eastern corridor. Gladia By The Waters is their joint signature: a green-first, water-first address drawn to a Singapore residential standard and built on a Khang Dien site already honoured at the PropertyGuru Vietnam Awards.

The first Keppel × Khang Dien joint venture in Vietnam.

A-01 · The figures

Three blocks. Fifteen storeys. Six hundred and sixteen homes.

Read the plan and the numbers settle quickly: a 1.29-hectare plate carries three 15-storey blocks over a single basement — 616 apartments and 23 shophouses — inscribed within the wider 11.8-hectare Gladia City master plan and its five themed parks. Roughly 23% is built footprint; the balance is greenscape, water, and shared amenity.

1.29 ha
Site area · apartments
11.8 ha
Master plan
3
Blocks
15
Storeys per block
616
Total apartments
23
Shophouses
5 · 1.25 ha
Themed parks
2 km
Jogging track
Master-plan aerial · 11.8 ha Gladia City
11.8 ha master plan · 23.3% built · 77% green + water

A-03b · Five iFactors

Five iFactors at the heart of the plan.

i01

Nature

77% of the plan is greenscape, retention pond and water — only 23.3% is built footprint.

i02

Entertainment

5 themed parks · 50 m skyline pool · sky lounge · a 23-shop retail colonnade.

i03

Convenience

On the Vo Chi Cong arterial: 5 min An Phu · 8 min Cat Lai port · 12 min Thu Thiem CBD.

i04

Well-being

2 km themed jogging loop · spa + onsen · indoor and outdoor gym · 100% balcony.

i05

Sustainability

Drawn toward Singapore's BCA Green Mark — Keppel's sustainability discipline, applied to Saigon.

A-02 · The site plan

Set on the Vo Chi Cong edge of the eastern axis.

Locate the plate on Vo Chi Cong — Thu Duc City's arterial ring — and the catchment reads off the page: five minutes to the An Phu and My Thuy interchanges, eight to the Cat Lai – Phu Huu port, twelve to the Thu Thiem financial district, and twenty-two to Long Thanh International Airport when it opens in 2026.

Five interchanges, one metro line, one international airport — every datum under 25 minutes.
12 minThu Thiem Financial Centre
5 minAn Phu Interchange
5 minMy Thuy Interchange
On siteVo Chi Cong · Ring Road 2
8 minCat Lai – Phu Huu Port Axis
7 minMetro Line 6 (planned)
6 minHCMC – Long Thanh Expressway
22 minLong Thanh Int'l Airport (2026)

A-03 · The greenscape

Twenty-three per cent built. The rest, plotted for trees and water.

The Gladia City master plan was laid out park-first. Five themed parks total 1.25 hectares, traced by a 2 km jogging loop. Of the 11.8-hectare site, only 23.3% reads as built footprint — the remainder is drawn as greenscape, retention pond, and shared amenity.

01

Welcome Park

Entry plaza and arrival fountain on the Vo Chi Cong frontage — the first line of the master plan.

02

Riverside Park

The 2 km jog track resolves at the riverside lawn — yoga deck and a water-edge boardwalk.

03

Health Park

Outdoor training rig, calisthenics deck and a multi-purpose court — a wellness programme drawn into the plan.

04

Community Park

Picnic lawns, shaded pavilions and a BBQ terrace set on the resident gathering podium.

05

Central Plaza

The civic heart — events lawn and retail colonnade forming the spine of the five-park system.

A-04 · The elevation

Singapore residential discipline, tuned to the Saigon climate.

Three 15-storey blocks rise from a shared four-floor podium. Every unit opens onto a private balcony — 100% of apartments draw direct natural ventilation, with cross-breeze paths set out for the southern monsoon. Singapore-standard construction, BCA-grade finishes, and sustainability detailing run the full height.

100% balcony

Every apartment opens onto a private balcony with sliding-door access — no rear-facing back-rooms.

Cross-ventilated layouts

Unit geometry routes the breeze through every room — Keppel's Singapore discipline, applied to Saigon.

Climate-responsive façade

Solar-control glass, vertical shade fins and recessed balconies cut envelope load by around 28%.

BCA Green Mark intent

Drawn toward Singapore Building & Construction Authority Green Mark certification — a Vietnamese first for Keppel.

A-05 · The amenity deck

A resort in the air, a park drawn on the ground.

Podium and rooftop are detailed for residents in the same set of drawings — a 50 m skyline pool, a gym wing with onsen and spa, children's play and a co-working lounge above, with the themed-park system laid out below.

01

50 m skyline pool

Family + adult lanes, shallow beach edge, kids' splash zone — rooftop podium.

02

Indoor + outdoor gym

Equipped weights room, callisthenic deck, stretching lawn — three programmable zones.

03

Spa · sauna · onsen

Japanese-style onsen pavilion, dry sauna, and a treatment-room suite — by appointment.

04

Resident co-working

Bookable desks, meeting pods, and a quiet phone booth — open 06:00 – 22:00.

05

Kids' indoor + outdoor

Open-air adventure deck plus indoor game room for rainy days.

06

2 km themed jogging loop

Continuous park-level circuit linking the five themed gardens.

07

Rooftop sky lounge

Sunset deck + observation lounge at the top of every block.

08

Ground retail colonnade

23 shophouses framing the entrance plaza — F&B, convenience, lifestyle.

A-06 · The fit-out

Hospitality-grade handover, with nothing left to specify.

Each unit is handed over fully finished to a Keppel Land Singapore-residential specification — engineered timber, Bosch / Hafele appliances and integrated storage already drawn into every layout. No upgrade lists; no decision fatigue.

Sample interior 1
Sample interior 2
Sample interior 3
Sample interior 4
Sample interior 5
Sample interior 6

Engineered timber flooring

A continuous tone across living, dining and bedrooms — durable and family-friendly underfoot.

Bosch / Hafele kitchen

Built-in cooktop, hood, oven and dishwasher — an appliance package chosen for South-east Asian cooking.

Integrated storage

Floor-to-ceiling wardrobes in every bedroom; entry-foyer storage detailed into every layout.

Hospitality-grade bath

Walk-in shower, mirror demister and full-height tile — the spec sheet of a four-star city hotel.

A-06b · As built

The drawing, checked against the construction site.

Renders sell a vision — construction is where the drawing is verified. These are unretouched, on-site photographs from the most recent walk-through: podium-level deck pouring across all three blocks, basement waterproofing complete, and mock-up units on the showflat floor ready for a private viewing.

Last walk-throughMay 2026
Construction site walk-through · frame 1 of 9
On site · 01 / 09
Construction site walk-through · frame 2 of 9
On site · 02 / 09
Construction site walk-through · frame 3 of 9
On site · 03 / 09
Construction site walk-through · frame 4 of 9
On site · 04 / 09
Construction site walk-through · frame 5 of 9
On site · 05 / 09
Construction site walk-through · frame 6 of 9
On site · 06 / 09
Construction site walk-through · frame 7 of 9
On site · 07 / 09
Construction site walk-through · frame 8 of 9
On site · 08 / 09
Construction site walk-through · frame 9 of 9
On site · 09 / 09

A-08 · The authors

Two developers, one operating standard.

Keppel Land has delivered residential, hospitality and integrated developments across Singapore, Vietnam, Indonesia and China since 1990. Khang Dien (HOSE: KDH) is Saigon's most consistent eastern-corridor developer, with three decades of pink-book handovers in former District 9 and District 2.

Keppel Land · Singapore

Three decades of Singapore-residential discipline; 20+ licensed Vietnam projects since 1991, US$3 B+ registered investment. A sustainability-first, BCA Green Mark portfolio.

Khang Dien Group · HOSE: KDH

Vietnam National Brand 2022. Master-planned 30+ projects across Thu Duc and the eastern corridor — every one delivered with pink-book title at handover.

  • TickerHOSE: KDH
  • AwardsVietnam National Brand 2022
  • Pipeline30+ projects · 30 years · eastern corridor

Keppel's Vietnam landmark portfolio

Empire City and Riviera Point hold a 99%+ absorption rate; Saigon Centre and Estella Place have run at 100% annual occupancy.

01

Saigon Centre

Grade A office + Takashimaya · District 1

Saigon Centre
02

Empire City

14.6 ha Thu Thiem · 86-storey landmark · ~3,000 homes

Empire City
03

Riviera Point

D7's tallest condo · 500 m river frontage · 2,400 units

Riviera Point
04

Palm City

Integrated waterfront · District 2

Palm City
05

Saigon Sports City

64 ha smart township · District 2

Saigon Sports City

A-09 · The unit schedule

Five layouts, drawn from 1 BR through 3 BR.

A balanced schedule drawn for owner-occupiers and long-stay tenants: compact one-bedroom-plus-study plates, family-friendly 2 BR + study on the middle bands, and a small reserve of 3 BR corner units along the upper floors.

TypeCountSize (m²)
1 BR125 units45 – 52
1 BR + study102 units53 – 60
2 BR188 units64 – 76
2 BR + study139 units78 – 88
3 BR62 units95 – 115

A-10 · Terms & policy

Twenty per cent at signing, the balance across the build.

A buyer-friendly schedule set by the developer — an interest-free deferral on the balance until handover, with foreign-quota allocation open at first release.

Booking · contract signing
20%
Interest support
0% until handover
Foreign-quota allocation
Open at first release
Loyalty discount (early reservation)
1%
Property management
24 months free
Estimated handover
Q4 2027

Per-unit pricing confirmed at reservation. Foreign-quota inventory is per-block and subject to release schedule. Speak to a senior advisor for the current allocation.

PropertyGuru Vietnam Property Awards 2024 — Best High-End Housing Development + Best Nature-Integrated Development · Winners: Gladia By The Waters · Keppel Vietnam & Khang Dien · Presented by Kohler

A-11 · The citation

Double-recognised at the PropertyGuru Vietnam Property Awards 2024.

The Gladia City master plan was twice cited at PropertyGuru's 2024 Vietnam ceremony — once for the quality of the finished product, and once for the way the design is drawn into the natural greenscape.

  • 2024
    Best High-end Housing DevelopmentPropertyGuru Vietnam Property Awards
  • 2024
    Best Nature-Integrated DevelopmentPropertyGuru Vietnam Property Awards
  • 2022
    Khang Dien Group (KDH) — recognised brandVietnam National Brand

A-12 · Notes & queries

Short answers to the questions buyers ask first.

Who are the developers?

Gladia By The Waters is a joint venture between Keppel Land (Singapore) and Khang Dien Group (HOSE: KDH) — their first JV in Vietnam.

What is the exact address?

Vo Chi Cong Boulevard, Binh Trung Ward, Thu Duc City (formerly District 2), Ho Chi Minh City.

How many blocks and apartments?

Three 15-storey blocks above one basement on a 1.29-hectare site — 616 apartments and 23 ground-floor shophouses, set within the wider 11.8-hectare Gladia City master plan.

What's the unit mix?

1 BR (45–52 m²), 1 BR + study (53–60 m²), 2 BR (64–76 m²), 2 BR + study (78–88 m²), 3 BR (95–115 m²). 2 BR is the dominant layout.

What are the payment terms?

20% on contract signing, then 0% interest support on the balance until handover. Foreign-quota allocation is open at first release.

When is handover?

Estimated Q4 2027. Construction commenced January 2026. Month-by-month progress is published on the developer microsite.

Is foreign ownership available?

Yes. Foreign buyers purchase through an official Sale & Purchase Agreement (SPA) signed directly with the developer and hold a renewable 50-year leasehold under the Housing Law 2023, within each block’s foreign-ownership quota (released at first launch). The home can be freely resold or leased — and when it is resold to a Vietnamese national, the title converts to permanent (freehold) ownership. Speak to a senior advisor for the current per-block allocation.

How close is Long Thanh airport?

Approximately 22 minutes via the HCMC – Long Thanh Expressway. The new airport opens in 2026.

A-13 · Revision log

The latest entries from the site.

Keppel Land×Khang Dien

First release · Keppel × Khang Dien

Step off the page, onto the water edge.

Schedule a private viewing or request the price list. Our team will walk you through the master plan, the available stacks, and the foreign-quota tranche.

HCMC sales galleryShowflat, Vo Chi Cong, Binh Trung Ward, Thu Duc City8:00 – 19:00 daily (incl. weekends)
Hanoi sales office677 Lac Long Quan St., Tay Ho District8:00 – 19:00 daily
Singapore liaison · Keppel Land1 HarbourFront Avenue, Keppel Bay TowerBy appointment

Preferred channelrequired

Preferred language

Investor FAQ

Frequently asked questions

What is Gladia By The Waters?
Keppel Land × Khang Dien — the first JV in Vietnam between Singapore's Keppel Land and HCMC's Khang Dien (HOSE: KDH). 616 apartments + 23 shophouses on a 1.29-ha site within the larger 11.8-ha Gladia City master plan, five themed parks and a 2 km jogging route. PropertyGuru Vietnam Property Awards 2024 — Best High-end + Best Nature-Integrated. It is offered to both owner-occupiers and investors, and is published here only after being verified for foreign-ownership eligibility under Vietnam's Housing Law 2023.
Where is Gladia By The Waters located?
Gladia By The Waters is located in Vo Chi Cong · Binh Trung · Thu Duc City, Ho Chi Minh City. Our advisory team can share the exact address, masterplan position, and the surrounding transport and amenity context on request.
Can foreigners buy apartments at Gladia By The Waters?
Yes — foreigners can buy eligible condominium units when the project is cleared for foreign ownership and its 30%-per-building quota is not full. The full pathway: (1) you purchase via an official Sale & Purchase Agreement (SPA) signed directly with the developer; (2) you hold a 50-year leasehold, renewable under the Housing Law 2023; (3) you can freely resell or lease the home during that term, with proceeds repatriable; (4) when the home is resold to a Vietnamese national, the title converts to permanent (freehold) ownership. We confirm the remaining foreign quota for Gladia By The Waters before any reservation.
Can a foreigner resell an apartment at Gladia By The Waters?
Yes. During your 50-year term you can freely resell or lease Gladia By The Waters. If you sell to another eligible foreigner, the 50-year leasehold continues within the building's foreign quota; if you sell to a Vietnamese national, the title converts to permanent (freehold) ownership for that buyer. Sale proceeds are repatriable when the original purchase funds came in through the regulated Vietnamese banking channel.
What is the price of Gladia By The Waters in 2026?
Pricing varies by tower, unit size, view, floor, payment schedule, and launch phase. Rather than quote a stale figure, we provide the latest developer price list together with all taxes, fees, and current foreign-buyer availability so you can compare like-for-like before booking.
Who is the developer of Gladia By The Waters?
Gladia By The Waters is developed by Keppel Land × Khang Dien. Before purchasing, foreign investors should review the developer's track record, the project's legal status, the construction timeline, the sale & purchase agreement, and the handover standard — all of which our team verifies for you.
Is Gladia By The Waters a good investment for rental income?
Gladia By The Waters may appeal to tenants seeking quality housing in Vo Chi Cong · Binh Trung · Thu Duc City, but rental performance depends on your purchase price, unit layout, handover quality, competing supply, tenant demand, and management fees. We can model an indicative net yield for a specific unit using current market rents.
What amenities does Gladia By The Waters offer?
Gladia By The Waters is marketed around modern living with landscaped areas and lifestyle facilities. Specific amenities can differ by tower and handover phase, so we confirm the exact facility list against the official developer brochure before you commit.
What documents should foreign buyers check before buying Gladia By The Waters?
Check the project's legal eligibility for foreign ownership, remaining foreign quota, the sale & purchase agreement, the payment schedule, pink-book (ownership certificate) terms, developer approvals, the bank guarantee for off-plan sales, and all taxes and fees. Independent legal review is strongly recommended — our in-house legal counsel handles this end-to-end.
How does Gladia By The Waters compare with other projects in Ho Chi Minh City?
Compare on price per square metre, location and view, unit efficiency, developer brand, handover specification, expected rental demand, and remaining foreign quota. We can prepare a side-by-side comparison against other verified projects so you know whether the premium is justified.
What we handle

Our services for foreign buyers

Multilingual advisory

A native-speaking advisor in English, Mandarin or Korean guides you from first enquiry to handover.

Foreign-ownership verification

We confirm the project is cleared for foreign ownership and check the remaining 30% quota before you reserve.

Legal & contract review

In-house legal counsel reviews the SPA, payment schedule and pink-book pathway, with translated and notarised documents.

Secure payment & escrow

Funds are routed through regulated Vietnamese banking channels so your inbound transfer is documented for future repatriation.

Master-distributor access

Direct allocation from developers means launch pricing and first-pick units — no broker layers between you and the source.

Post-purchase concierge

Property management, rental sourcing, tax filing and resale — all handled in-house after you receive the keys.

Why us

Why work with Vietnam Homes

Vietnamhomesinvest.com is operated by Vietnam Homes Group — a firm built around foreign buyers, not retrofitted for them.

1

12 years, 4,200+ international clients

A track record across all 63 provinces, with the buying journey delivered in your language end to end.

2

Only legally-verified projects

We publish only projects cleared for foreign ownership with a pre-checked pink-book pathway — no surprises at the notary.

3

Native-language team

Every advisor speaks at least two of English, 中文, 한국어 and Vietnamese, so nothing is lost in translation.

4

Independent, buyer-side

Our duty is to you: independent due diligence, honest comparisons, and a clear view of risks before you commit.