French developer launches first Vietnam condo project
French developer Groupe PierreVal is making its debut in Vietnam through Arcadia at Lavila its first project in partnership with local developer Kien A Group
On August 2, French real estate developer Groupe PierreVal unveiled Arcadia at Lavila, marking its first condo project in Vietnam. Construction of the two-tower development is scheduled to commence in the second quarter of 2026, with completion expected in Q2/2029. Arcadia at Lavila will bring the contemporary French development approach of PierreVal to the established Lavila Township in southern Ho Chi Minh City, also known as South Saigon.
The project, a joint venture between Groupe PierreVal and Kien A Group, comprises 850 apartments, four sky villas, 26 shophouses, 100 officetels, and a 2,000 sq.m commercial podium.
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