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16 Nov 2024

Keppel named 'Developer of the Decade' at the PropertyGuru Vietnam Property Awards 2024

Ho Chi Minh City, Vietnam, 16 November 2024 – Keppel and its projects were honoured with five awards at the PropertyGuru Vietnam Property Awards (VPA) 2024, including the distinguished Developer of the Decade award. This accolade, presented in conjunction with PropertyGuru VPA's 10th anniversary, celebrates visionary companies that have set the benchmark for excellence in Vietnam’s real estate sector over the past ten years.

In addition, Keppel won the Sustainable Design Award in the Environmental, Social and Governance Developer category, reflecting its dedication to sustainable design and environmentally responsible practices that minimise impact across construction, operation and maintenance.

A residential project jointly developed by Keppel and Khang Dien in Thu Duc City, won both the Best High-End Housing Development (HCMC) and Best Nature Integrated Development awards for its seamless integration of high-end living with nature and sustainable green spaces. Hanoi Centre, Keppel’s upcoming retail development in Hanoi, also won the Best Retail Interior Design award.

Mr Joseph Low, President (Vietnam) and Managing Director (Retail) of Real Estate at Keppel, said, “We are pleased to be recognised at the PropertyGuru Vietnam Property Awards 2024. These awards highlight Keppel's unwavering commitment to delivering high-quality, innovative developments and real estate solutions that are contributing to reshaping Vietnam’s urban landscape. We will continue to push the envelope and set new benchmarks in Vietnam's real estate market.”

Keppel entered Vietnam more than three decades ago and has grown to become one of the largest foreign real estate investors, with 25 projects and a total registered capital of approximately US$3.8 billion. Through the years, Keppel has contributed to Vietnam’s journey of urbanisation through high-quality and sustainable real estate solutions that enrich people and communities.

One of Keppel's notable projects in Vietnam is The Estella in District 2, which holds the distinction of being the first development in the country to receive the Building and Construction Authority of Singapore (BCA)’s Green Mark certification. Since then, Keppel has garnered a total of 14 BCA Green Mark certifications for its projects in Vietnam, underscoring its leadership in promoting eco-friendly and sustainable developments.

Building on its track record, Keppel is driving a sustainable urban renewal strategy, including in Vietnam, which aims to create greener urban solutions by rejuvenating older buildings with green technology, and incorporating green design features when redeveloping existing buildings that require a major overhaul or rebuild.

The PropertyGuru Vietnam Property Awards, organised by the PropertyGuru Group, are part of the 2024 PropertyGuru Asia Property Awards series of celebrations, which are set to culminate in the 19th PropertyGuru Asia Property Awards Grand Final in December 2024. The winners of the awards in Vietnam will be eligible to compete for the ‘Best in Asia’ titles at the grand finale in Bangkok, Thailand.

About Keppel

Keppel Ltd. (SGX:BN4) is a global asset manager and operator with strong expertise in sustainability-related solutions spanning the areas of infrastructure, real estate and connectivity. Headquartered in Singapore, Keppel operates in more than 20 countries worldwide, providing critical infrastructure and services for renewables, clean energy, decarbonisation, sustainable urban renewal and digital connectivity. Keppel creates value for investors and stakeholders through its quality investment platforms and diverse asset portfolios, including private funds and listed real estate and business trusts.

For further information, please contact:
Trang Le (Ms)
Vice President, Marcom & Customer Experience
Real Estate (Vietnam), Keppel Ltd.Tel: 0903 918 929
Email: tranglt@keppel.com

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