Oakwood adds Ho Chi Minh City and Jakarta properties

George Sell George Sell Uploaded 22 December 2016


Singapore: Oakwood Asia pacific has added two serviced apartment developments to its south-east Asian portfolio.

The properties are Oakwood Apartments Ho Chi Minh City and Oakwood Suites La Maison Jakarta.

The 68-key Oakwood Apartments Ho Chi Minh City, Oakwood's first property in Vietnam, is located in District 3, close to District 1.

The 80-unit Oakwood Suites La Maison Jakarta is located within easy reach of Sudirman Central Business District. Part of the Duta Anggada Group's mixed-use development project, residential and retail blocks are adjacent to a supermarket and a range of food and beverage outlets.

"We have had an exciting year in our pursuit of multilateral growth and this velocity carried on to the end of the year, concluding it with a bang," said Dean Schreiber, managing director of Oakwood Asia Pacific Ltd. "By the end of the year, we would have seen our portfolio grow by 36%, expanded our footprint into four new markets, strengthened our presence in our key markets, and expanded the Oakwood offering to cater to more varied lifestyles."


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