CapitaLand Vietnam wins top award again

Romesh Navaratnarajah25 Jun 2018

PropertyGuru Asia Property Awards (Vietnam) 2018 crop

CapitaLand Vietnam picked up the Best Developer prize at the PropertyGuru Vietnam Property Awards 2018 for the second time consecutively.

Singapore-based CapitaLand has again picked up the Best Developer prize at the PropertyGuru Vietnam Property Awards 2018 held in Ho Chi Minh City on Friday (22 June).

The property developer’s Vietnamese subsidiary won the coveted title for the second time consecutively. Aside from being the only developer to receive all five special recognitions, it clinched 14 major awards and three commendations, exceeding last year’s tally of six and five respectively.

More: PropertyGuru Asia Real Estate Summit returns in Nov 2018

Its D’Edge project was named the Best Luxury Condo in Ho Chi Minh City and in the country, while De La Sol was honoured as the Best High-End Condo in the capital and the overall Best Green Development.

“For more than two decades, CapitaLand Vietnam has proven itself a leader in building top-class residential and commercial developments that serve its consumers well. Year after year the company has produced attractively-priced condominium and retail projects, many of them incorporating green, sustainable, wellness-inspired, and state-of-the-art features,” said the panel of judges led by renowned architect Thien Duong, who is also the managing director of Transform Architecture.

Meanwhile, Vietnam-based developer KIEN A Corporation bagged six accolades, with Citiesto lauded as the capital’s Best Affordable Condo, while Lavila De Rio was crowned Best Luxury Housing Development in Ho Chi Minh City.

The firm’s founding chairman Dr Huynh Ba Lan was also chosen as Vietnam’s Real Estate Personality of the Year by the editors of PropertyGuru Property Report magazine, for helping to construct world-class school buildings in Phú Yên province. The award was presented by PropertyGuru’s chief marketing officer Bjorn Sprengers.

Overall, 43 major trophies were handed out to 26 developers during the awards ceremony attended by over 500 guests. The prestigious event was supported by platinum sponsor Kohler along with four co-sponsors – Malloca, An Cuong, Dulux Professional and Electrolux.

Vietnam’s property market continues to be vibrant, with the country’s millionaire population quadrupling since 2004 and its middle-class forecasted to hit 33 million by 2020.

“This year’s edition validates yet again the strong performance and growth of the Vietnamese real estate sector, which is highly regarded as one of the most attractive markets in the Southeast Asian region today,” said PropertyGuru Group CEO Hari V. Krishan.

“Congratulations to all the Winners and Highly Commended companies for contributing to the flourishing Vietnamese property sector,” added Terry Blackburn, founder and managing director of the PropertyGuru Asia Property Awards.

Read the full list of winners and highly commended recipients here.


Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email


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