VIR awards 20 trend-setters in living space

14:05 | 28/03/2018

In addition to Vietnamese real estate giants like Vingroup and Sun Group, foreign developers like CapitaLand Vietnam and Gamuda Land have also been awarded by Vietnam Investment Review this morning for setting “A new benchmark for living space.”

vir awards 20 trend setters in living space
VIR and the Vietnam Real Estate Association handing out the awards to the 17 winners

This morning, the ceremony to honour Vietnam’s 20 most outstanding living spaces and a roundtable discussion with the developers has taken place at VIR's headquarters.

Speaking at the ceremony, Le Trong Minh, VIR's editor-in-chief, said that in 2015-2017 the Vietnamese real estate market has seen remarkable changes in product structure, policies and mechanisms, as well as the mindset of developers and customers. These provided the foundation for the market to move towards sustainable development and focus on the quality of living.

In 2017, the Vietnamese real estate market was pressured by tightening control over real estate credit flows, and some concerns about supply-demand imbalance. However, hundreds of projects have been kicked off, launched for sale, and their liquidity is at a very high level.

According to the Housing and Real Estate Market Management Agency under the Ministry of Construction, there were over 23,000 successful apartment transactions in 2017 in Hanoi, up 12 per cent compared to 2016, which is the highest liquidity level over the last five years.

In Ho Chi Minh City, there were 32,905 successful apartment transactions in 2017, which is the first time that more apartments were sold than launched. Numerous other active markets such as Quang Ninh, Haiphong, Thanh Hoa, Danang, Nha Trang, Phu Yen, and Phu Quoc are becoming attractive destination for investment.

All consultancy organisations stated that the 2017 real estate market marked a move from strong growth to sustainable development with the participation of big developers and huge high-quality projects.

vir awards 20 trend setters in living space
Le Trong Minh, VIR's editor-in-chief

In order to determine the quality of real estate projects, VIR holds “A new benchmark for living space” poll annually to find the best living spaces for people.

“The award also lauds the efforts of real estate developers t achieve the highest international standards and meet all demands of residents,” Minh emphasised. “A new benchmark for living space” polled readers on numerous criteria, including design style, utility system, environment-friendliness, resident relations, legal standards, and transparency in communications."

vir awards 20 trend setters in living space
VIR and the Vietnam Real Estate Association handing out the award to Vingroup's representative

17 developers were honoured today for their 20 projects. Vingroup dominates the rankings with four leading projects, Vinhomes Riverside, Vinhomes Times City-Park Hill, Vinhomes Imperia, and Vinhomes Central Park, which affirmed customers’ trust in this brand.

TOP 20 LIVING SPACES VOTED BY VIR READERS

No.

Project Name

Developer

Location

1

Vinhomes Riverside

Vingroup

Hanoi

2

Vinhomes Times City-Park Hill

Vingroup

Hanoi

3

Vinhomes Imperia

Vingroup

Hanoi

4

Vinhomes Central Park

Vingroup

Ho Chi Minh City

5

HaDo Centrosa Garden

HaDo Group

Ho Chi Minh City

6

Lakeview City

Novaland Group

Ho Chi Minh City

7

TNR GoldSeason

TNR Holdings

Hanoi

8

Van Phuc urban area

Van Phuc Real Estate Investment JSC

Ho Chi Minh City

9

Sea View Commerce urban area

First Real JSC

Danang

10

Sun Premier Village Kem Beach Resort

Sun Group

Phu Quoc

11

Diamond Lotus Riverside

Phuc Khang Construction & Investment Corporation

Ho Chi Minh City

12

Sunny Garden City urban area

CEO Group

Hanoi

13

FLC Lux City Quy Nhon

FLC Group

Binh Dinh

14

Park Riverside Premium

MIK Group

Ho Chi Minh city

15

Celadon City urban area

Gamuda Land

Ho Chi Minh City

16

EcoLife Capitol

Capital House

Hanoi

17

Ariyana Beach Resort & Suites

Ariyana Hotel and Tourism JSC

Danang

18

The EverRich Infinity

Phat Dat Real Estate Development Corporation

Ho Chi Minh City

19

Dragon City urban area

Phu Long Real Estate Corporation

Ho Chi Minh City

20

Vista Verde

CapitaLand Vietnam Holdings Pte., Ltd.

Ho Chi Minh City

Nguyen Huong

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