Malaysian tycoon SkyWorld brings sustainable homes to Vietnam

Since entering the market in 2006, SkyWorld Development Berhad has aimed to become a top sustainable property developer in Malaysia, building a reputation through high-quality projects and delivering homes to tens of thousands of residents.

Guided by its 'Make Living Better' philosophy, each SkyWorld project is designed to create a holistic living environment that connects homes to vibrant communities, reflecting a commitment to sustainable living and thriving neighbourhoods.

The SkyLuxe on the Park Residences – winner of the World Silver Award at the 2025 FIABCI World Prix d'Excellence Awards

All developments adhere to 'QLASSIC' standards, Malaysia’s benchmark for construction quality, underscoring the company’s commitment to long-term residential value.

By placing livability at the core of every decision, SkyWorld’s projects have resonated with a new generation of homeowners and earned widespread recognition through numerous prestigious domestic and international awards.

These accolades reflect the company’s commitment to delivering high-quality real estate while affirming its strategic vision and innovation in sustainable urban development.

SkyLuxe on the Park Residences (part of the Sky-Signature series) won the World Silver Award at the 2025 FIABCI World Prix d’Excellence Awards – often referred to as the ‘Oscars of the real estate industry’ – in the high-rise residential category.

In 2024, SkyWorld received several major accolades, including The Edge Malaysia Affordable Urban Housing Excellence Award. The company further secured a World Gold Award at the FIABCI World Prix d’Excellence Awards for its SkyAwani 3 Residences in Setapak, Kuala Lumpur.

Malaysian Prime Minister YAB Dato Seri Anwar Ibrahim (centre) officiated the groundbreaking ceremony for Malaysia's largest affordable housing project

For SkyWorld, sustainable urban development is demonstrated throughout every project, not just stated as a goal. The company recently launched Malaysia's largest affordable housing development.

Its projects are defined by premium living standards, featuring elevated landscape parks – the largest of their kind in Penang – 'healthy home' apartments with natural light and ventilation, integrated sports complexes, children's playgrounds, and smart community connectivity through the SkyWorld Connects application.

In its next phase of growth, SkyWorld has Vietnam as its next core market. While Malaysia continues to serve as its base, Vietnam is viewed as a strategic growth market, driven by rapid urbanisation, a young population, and rising demand for improved living standards.

SkyWorld has spent years researching the Vietnamese market, from urbanisation trends and the rapid expansion of the middle class to the evolving lifestyle expectations of a new generation of residents.

According to company representatives, Vietnam is a high-growth market that is also undergoing a significant transformation in urban living standards. This alignment in vision for sustainable urban development has been a key factor in SkyWorld’s decision to select Vietnam as a strategic destination in its global expansion.

The company has completed the acquisition of a 1-hectare site in Lai Thieu ward, Ho Chi Minh City (formerly part of Binh Duong province). The site is planned for a residential tower of up to 40 stories, located near Lotte Mart (100 metres), Becamex International Hospital, and several major industrial zones.

In 2023, SkyWorld also acquired a land plot in Ward 16, District 8, Ho Chi Minh City, with plans to develop a 28-story residential project on a 0.52-hectare site.

"We observe that Vietnamese homebuyers are increasingly concerned with quality of life, health, community value, and family-oriented living spaces," a SkyWorld representative said. "This aligns closely with SkyWorld's 'Make Living Better' philosophy, which has proven successful in Malaysia."

"In Vietnam, we are not simply introducing housing products – we are bringing a proven living philosophy centred around 'healthy home' concepts with a comprehensive ecosystem encompassing design, amenities, and overall quality of life," the representative added.

Four elements define Malaysia's 'healthy home' apartments: light, nature, air and water, and community connection

This marks the beginning of SkyWorld’s strategy to introduce a new living standard in Vietnam – one centred on health, community connectivity, and urban sustainability.

Through this approach, the company aims to realise its role as a 'city developer', contributing to elevating Vietnam’s urban living standards to international benchmarks.

As housing demand shifts from simply ‘having a place to live’ to ‘having a place to truly enjoy life’, SkyWorld is creating sustainable living spaces and shaping a new standard of living for future generations.

SkyWorld bolsters presence in Vietnam with real estate acquisition SkyWorld Development Berhad, Malaysia's premier urban property developer, on September 7 made a noteworthy inroad into the Vietnamese real estate sector by securing full ownership of Thuan Thanh Production, Commercial and Real Estate Business JSC.

Hanoi acts to promote green lifestyle A series of activities are underway in Hanoi as part of the Green Living Festival in response to the action month for the environment and the World Environment Day (June 5).

Run for Green online race to inspire green living From August 1 to 15, Muong Thanh Hospitality will be organising the Run For Green online running race in response to the green living movement for a better-protected environment and to stimulate domestic tourism.