His Excellency Tony Tan Keng Yam, President of the Republic of Singapore, visited Keppel Land's Riviera Point show gallery in Ho Chi Minh City on the morning of 25 April during his state visit to Vietnam from 23 to 27 April 2012.
President Tan was accompanied by Singapore's National Development Minister Khaw Boon Wan, Senior Minister of State Grace Fu, as well as senior officials from the Ministry of National Development, Ministry of Foreign Affairs and Ministry of Trade and Industry.
Hosting the visit were Mr Teo Soon Hoe, Senior Executive Director of Keppel Corporation, Mr Kevin Wong, Group CEO of Keppel Land, and Mr Linson Lim, President of Keppel Land Vietnam.
During the visit, President Tan was briefed on Keppel's property business in Vietnam. To-date, Keppel Land has 18 licensed projects in Vietnam, with a total investment capital of almost USD2 billion and a pipeline of about 22,000 homes.
President Tan also toured the show gallery for the Riviera Point condominium which Keppel Land is jointly developing with established Vietnamese partner, Tan Truong. Located along the Ca Cam River and in close proximity to the established Phu My Hung Township, Riviera Point will be the tallest condominium development in District 7 when completed in 2015.
Construction of Phase 1 of Riviera Point is progressing on track and when fully completed, the 40-storey high development will offer 2,400 upper-middle apartments amidst lush landscaping.
The development was launched in June 2011 to great response. About 68% of the 277 launched units have been sold to date.