Vietnam real estate: Opportunities for international access are increasingly more pronounced

Vietnam Real Estate Award PropertyGuru 2019 ended successfully with over 52 award categories. Not only honored with the prestigious awards, this is also an opportunity to expand the market, access world trends for real estate businesses in Vietnam.

Raise wings for excellent projects

After nearly a year of selection with a lot of rigorous criteria, at the gala night of the Vietnam Propertyy Awards ProperyGuru 2019 (PropertyGuru Vietnam Property Awards 2019), many big names have been honored, recognized for their contributions and nonstop effords during the past time.

Specifically, Kien A Group by MS. Huynh Ba Lan (currently Chairman of the Board of Directors) won the highest award with the best investor award and the best investor of complex project. The award for the best medium-sized investor belonged to Son Kim Land, a familiar name in the annual award ceremony. In addition, the award of the real estate character of the year known as not in the voting system of the jury was awarded to Gamuda Land Vietnam President - Mr. Cheong Ho Kuan. A total of 52 special categories and awards during the awards ceremony, including the Corporate Social Responsibility Award (CSR) and the Sustainable Development Award, were awarded to more than 20 investors from Ho Chi Minh City, Hanoi, Ha Long Bay, Cam Ranh and other leading investment areas in the country. New awardees this year include Gotec Land, GFS Group, Phuc Khang Corporation, HDMon Holdings, Him Lam Land, Xuan Mai Saigon and Maxland.

“Over 5 years of companionship, Vietnam Propertyy Award ProperyGuru has witnessed the growing and growing of the real estate market in Vietnam. We are extremely happy that it is increasingly difficult to evaluate and select because the candidates are excellent projects and investors. This is really a good sign for Vietnam real estate market on the path to achieving the goal of sustainable and healthy development” - Mr. Duong Quoc Thien - Chairman of the jury of Vietnam Real Estate Awards ProperyGuru 2019 for know.

Vietnam Real Estate Award ProperyGuru is considered one of the prestigious Real Estate Awards with many rounds of review with the most stringent criteria today and detailed to each item. Even in each country, the PropertyGuru award has a separate review and evaluation process, and decision making usually lasts 6-8 months before the award is announced. The award also ensures its transparency and fairness when there is always an independent monitoring unit overseeing the entire award.

Open the door to the international market

In addition to honoring outstanding projects and investors, the Vietnam Propertyy Award ProperyGuru also contributes to opening the door to the world for the Vietnamese real estate market. Specifically, the winning projects and developers in the main categories will be representing Vietnam to attend the final round of the Asian Real Estate Awards in Bangkok, Thailand. This is a rare opportunity for Vietnamese real estate to be marketed widely in the region as well as domestic businesses will find significant cooperation units. After 5 times of organizing, it can be seen that the real estate projects that participate in the final of the Asian Real Estate Awards all reap the noble awards and create a buzz for the international community, opening up many opportunities for cooperation as well as investment attraction.

According to Mr. Hari V. Krishnan, CEO of PropertyGuru, Vietnam is a country with great potential for real estate investment thanks to the stable and safe political situation; sustainable economic growth; young population with high demand for property ownership.

“Awards such as Vietnam Real Estate Awards ProperyGuru is an opportunity to affirm the quality of projects in Vietnam's real estate market, attract the attention of the international community and more and more quality projects are progressing. closer to the diverse needs of users. PropertyGuru will also continue to accompany to honor investors and quality projects in Vietnam in the coming years” - Mr. Hari V. Krishnan emphasized.

Real estate experts also said that, besides a few international conferences to promote domestic real estate abroad, almost domestic marketing of real estate out of the territory is very limited. Therefore, the Vietnam Real Estate Award PropertyGuru will become a good opportunity, helping Vietnam Real Estate to open the door to the world that was quite narrow before.

According to Real Estate Investment Newspaper