About Us



A Member of the Perdana ParkCity Group

Vietnam International Township Development JSC (VIDC) is a member of Kuala Lumpur-based Perdana ParkCity Group whose flagship township development is Kuala Lumpur's multi-award winning Desa ParkCity. Established in 2008, VIDC began planning and developing the 77-hectare ParkCity Hanoi. As at July 2015, the company has completed site formation and major infrastructural works, Nadyne Gardens comprising 177 homes. In addition, the company has also started construction of the 1.7-hectare ParkCity Club Hanoi and the 4.71-hectare Evelyne Gardens comprising 165 homes.

   In 1999, the Perdana ParkCity Group acquired the Desa ParkCity site which is a prime freehold 473-acre / 191-hectare land located 13km Northwest of Kuala Lumpur City Centre. It was then an active quarry mine.

   The Group embarked on a long-term plan to develop a visionary master-planned community conceived to serve the housing needs of Kuala Lumpur's upper middle-class and affluent groups. The approved content of development consists of 7,000 housing units and 350,000m² of commercial space. On completion, the estimated Gross Development Value is in the region of USD2.5 billion.

   In 2002, site formation works began and the products of the first residential neighborhood were released to the market. Over a period of 13 years, 17 neighborhoods were progressively completed. Innovative place-making and housing concepts and designs were introduced. As a result, the company produced the first-of-its-kind Parkhomes which are highly modified, strata-titled terrace homes in guarded and gated neighborhoods.

   Today, Desa ParkCity is arguably Kuala Lumpur’s most liveable, safest, prettiest and best-selling community. It is Malaysia’s first New Urbanist community that is especially admired for its walkability, innovative homes, safe and imaginative neighborhoods, attractive public places and the lush greenery of its streetscapes and parks.

   Riding on the popularity and strengths of the Desa ParkCity community, homeowners have been rewarded with the nation’s highest capital appreciation for residential properties, averaging 25% per annum (from 2008 to 2011). The country’s most expensive terrace homes are also found here. In 2011, the company successfully marketed modified, large three-storey intermediate terrace homes at a record price of USD1.5 million each.

   From 2008, the Group enlarged its portfolio with majority stakes of two other master-planned developments: The 77-hectare master-planned ParkCity Hanoi community, Vietnam; and the 223-hectare Marina ParkCity, Miri, Sarawak.

   ParkCity Hanoi is a close replicate of the flagship Desa ParkCity. Located within the city limits of Hanoi, it is conceived to be a visionary master-planned community with highly differentiated neighborhood and home concepts. Approved for 6,000 housing units and a town center, VIDC strives to serve the growing middle class and affluent groups. Gross Development Value is estimated at USD2 billion.

   Marina ParkCity is a mixed-use project in downtown Miri. Sited on land reclaimed from the sea, Marina ParkCity will double the size of existing Miri downtown, and shape its future. It will provide shopping malls, shops, offices, a market hall, government centers, condominiums, an ocean promenade, public parks and civic anchors set in a pedestrian friendly and leafy environment. On completion, its estimated Gross Development Value is USD1 billion.

   In 1999, the Perdana ParkCity Group acquired the Desa ParkCity site which is a prime freehold 473-acre / 191-hectare land located 13km Northwest of Kuala Lumpur City Centre. It was then an active quarry mine.

   The Group embarked on a long-term plan to develop a visionary master-planned community conceived to serve the housing needs of Kuala Lumpur's upper middle-class and affluent groups. The approved content of development consists of 7,000 housing units and 350,000m² of commercial space. On completion, the estimated Gross Development Value is in the region of USD2.5 billion.

   In 2002, site formation works began and the products of the first residential neighborhood were released to the market. Over a period of 13 years, 17 neighborhoods were progressively completed. Innovative place-making and housing concepts and designs were introduced. As a result, the company produced the first-of-its-kind Parkhomes which are highly modified, strata-titled terrace homes in guarded and gated neighborhoods.

   Today, Desa ParkCity is arguably Kuala Lumpur’s most liveable, safest, prettiest and best-selling community. It is Malaysia’s first New Urbanist community that is especially admired for its walkability, innovative homes, safe and imaginative neighborhoods, attractive public places and the lush greenery of its streetscapes and parks.

   Riding on the popularity and strengths of the Desa ParkCity community, homeowners have been rewarded with the nation’s highest capital appreciation for residential properties, averaging 25% per annum (from 2008 to 2011). The country’s most expensive terrace homes are also found here. In 2011, the company successfully marketed modified, large three-storey intermediate terrace homes at a record price of USD1.5 million each.

   From 2008, the Group enlarged its portfolio with majority stakes of two other master-planned developments: The 77-hectare master-planned ParkCity Hanoi community, Vietnam; and the 223-hectare Marina ParkCity, Miri, Sarawak.

   ParkCity Hanoi is a close replicate of the flagship Desa ParkCity. Located within the city limits of Hanoi, it is conceived to be a visionary master-planned community with highly differentiated neighborhood and home concepts. Approved for 6,000 housing units and a town center, VIDC strives to serve the growing middle class and affluent groups. Gross Development Value is estimated at USD2 billion.

   Marina ParkCity is a mixed-use project in downtown Miri. Sited on land reclaimed from the sea, Marina ParkCity will double the size of existing Miri downtown, and shape its future. It will provide shopping malls, shops, offices, a market hall, government centers, condominiums, an ocean promenade, public parks and civic anchors set in a pedestrian friendly and leafy environment. On completion, its estimated Gross Development Value is USD1 billion.

Property Awards

Winner - Adiva

FIABCI Malaysia Property Award 2009

Residential (Low Rise) Category

Winner

Institute of Landscape Architects Malaysia (ILAM) Award 2007, 2009 & 2010

Winner - Adiva

FIABCI Prix D’ Excellence Award 2010

Residential (Low Rise) Category

Winner

FIABCI Malaysia Property Man 2012

Winner - ParkCity TownCenter

PCBC Award of Merit 2013

Pacific Coasters Builders Conference 2013

Winner - Casaman

PAM Awards 2014 Gold Award

Multiple Residential (Low Rise) Category

Winner - Casaman

FIABCI Malaysia Property Award 2014

Residential (Low Rise) Category

Winner - The Mansions

Institute of Landscape Architects Malaysia (ILAM) MLAA Honour Award 2014

Landscape Design Awards - Professional Category

Winner - Casaman

Institute of Landscape Architects Malaysia (ILAM) MLAA Honour Award 2014

Landscape Design Awards - Professional Category

World Silver Winner - Casaman

FIABCI Prix D’ Excellence Award 2015

Residential (Low Rise) Category

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