Environmental tact appears in Vietnamese living space

March 28, 2018 | 19:29
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Green living space, the latest trend in the real estate development sector, has been adopted by some of the leading property developers in the country, including Vingroup, Gamuda Land, and Sun Group, offering an environment-friendly lifestyle to residents in the urban areas of Ho Chi Minh City and Hanoi.
environmental tact appears in vietnamese living space
Apartment projects put forth by leading property developers are going increasingly green

Over the past decade, an increasing number of real estate projects have been advertised with the keyword "green" as a core concept, signalling an all-about-the-ecosystem mindset among the residents of apartment complexes.

Addressing the trendy sustainable lifestyle, Luk Ban La, vice president of Phuc Khang Investment & Construction Corporation, asserted that, "Residents in the business hub of Ho Chi Minh City, especially Vietnamese immigrants returning to their homeland, crave green living spaces, which allowed us to embrace a more sustainable lifestyle while keeping their ancestors’ cultural values at the heart of our projects."

As a result, Phuc Khang was reported to integrate both modern and traditional living concepts into its real estate development projects, such as Ecovillage and Ecotown.

VIR awards winners of "A new benchmark for living space" poll

In order to comply with this new benchmark, Phuc Khang set to pioneer the construction of green living spaces with sustainable humanitarian values which Phuc Khang and Mitsubishi Corporation shared.

Previously, with the target of developing the LEED-certified Diamond Lotus project, Phuc Khang Mitsubishi Corporation Holding (PKMC) was created in late 2017 with $30 million charter capital, 49 per cent of which belonged to Mitsubishi and 51 per cent to Phuc Khang.

Additionally, multisectoral giant Vingroup had four real estate projects, namely Vinhomes Riverside, Vinhomes Times City-Park Hill, and Vinhomes Imperia in Hanoi and Vinhomes Central Park in Ho Chi Minh City, rated as the top four most worthy living spaces in Vietnam by VIR readers.

Le Khac Hiep, vice president of Vingroup, stated that, "The group committed to offer a more optimal living space, one that is mindful of the ecosystem and customer-centric to accommodate discerning citizens of the future green-living society."

Seizing a spot in the top 20 projects setting "A new benchmark for living space" rated by VIR readers, Wyeren Yap Vooi Soon, general director of Gamuda Land, noted that, "The group aimed at delivering a smart and harmonious living space to its customers, commtting to a green coverage of 16 hectares at its real estate projects with the intent to create the most satisfactory residential experiences in Vietnam."

Leadership in Energy and Environmental Design (LEED), put forth and developed by the US Green Building Council, is a set of rating systems for the design, construction, operation, and maintenance of green buildings which emerged in the core concept of multiple real estate projects across progressive countries.

By Sam Luong

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional