Nha Trang, Vietnam, 22 May 2025 – The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has been appointed by KDI Holdings to manage Somerset in Nha Trang, an integral part of the landmark Libera Nha Trang master development. This strategic collaboration marks Ascott’s first partnership with KDI Holdings, one of Vietnam’s leading and most innovative real estate developers, and introduces the Somerset brand in this iconic beachfront location. It also brings Ascott’s Vietnam footprint to 37 properties, both operational and in the pipeline. Strategically located along Nha Trang’s pristine beachfront, Somerset Nha Trang offers travellers seamless access to the city’s vibrant cultural attractions and major transportation hubs. Situated within the fast-growing Bai Tien area in the heart of Nha Trang city in Khanh Hoa province, the Libera Nha Trang master development enjoys a prime location just 15 minutes travel from the city centre, with convenient access to a wide array of local amenities. In recent years, Nha Trang has established itself as one of Vietnam’s premier coastal destinations, celebrated for its turquoise waters, scenic beaches, and a vibrant mix of leisure and cultural offerings. As interest from both domestic and international travellers continues to grow, so too does demand for high-quality, experience-driven accommodations. This makes the debut of Somerset Nha Trang especially timely, offering a hospitality experience that blends refined living, family-oriented comfort and globally recognised standards of service. The debut of Somerset Nha Trang marks a significant milestone in enhancing the city’s upscale hospitality landscape. Set within the expansive Libera Nha Trang master development, the upcoming property will feature 237 resort villas, each thoughtfully designed to deliver an elevated lifestyle experience. Blending the serenity of a beachfront retreat with the sophistication of modern serviced living, Somerset Nha Trang is poised to become a preferred destination for both leisure travellers and long-stay residents. Mr David Cumming, Regional General Manager, Vietnam, Cambodia, Myanmar, Ascott, said: “Bringing our globally recognised Somerset brand to Nha Trang marks an exciting milestone for Ascott, as we grow our presence with a second property in one of Vietnam’s most dynamic coastal cities. As a destination thriving in both tourism and residential developments, Nha Trang offers strong potential not only as a leisure hotspot but also as a growing lifestyle hub. Our collaboration with KDI Holdings, one of Vietnam’s leading developers, reflects a shared ambition to elevate standards in integrated resort
