Riviera Point, the tallest condominium development in District 7, Ho Chi Minh City, has been receiving positive response ahead of its public launch next weekend, with over 70 per cent of 193 units released for sale sold since its soft launch in January 2011.

The project is jointly developed by Keppel Land Limited's wholly-owned subsidiary, Elaenia Pte Ltd, and established local property developer, Tan Truong Co, Ltd.

Buyers are mainly locals with the rest comprising expatriates and overseas Vietnamese who are eligible to purchase.

"We are encouraged by the continued strong interest in Keppel Land's homes in Vietnam such as The Estella and Riviera Cove, and now Riviera Point. With its prime location, quality and integrated concept, we are confident the development will continue to draw more home buyers,” Linson Lim, president of Keppel Land International Limited in Vietnam, Thailand and Philippines, said.

The initial collection of homes at Riviera Point comprises 549 units and is progressing on track with completion expected in 2014. The entire waterfront development, to be developed in phases, consists of a total of 2,400 units spread across 18 residential towers.

Situated along the 40-metre wide Ca Cam River, Riviera Point is a 15-minute drive to District 1 and only five minutes away from the established residential precinct of Phu My Hung via the new Phu Thuan Bridge, as well as a short drive to other districts via Phu My Bridge.

By Ngoc Linh