Impact Of ESG Trends On The Real Estate Market In Vietnam
According to experts, real estate investors should focus on sustainability-related factors, specifically ESG, for long-term goals.
So, what is the ESG trend? How does it impact the real estate market in Vietnam?
What Is The ESG Trend In Real Estate?
ESG in real estate development
The ESG trend in real estate is a concept related to environmental, social, and governance criteria used to evaluate real estate projects.
In the real estate sector, the ESG trend emphasizes the need to ensure that real estate projects are built and operated by optimizing environmental, social, and corporate governance factors.
For example, real estate projects can be designed to use energy efficiently, reduce waste, enhance security, protect the environment, create local employment, ensure transparency and accountability in management and operations.
ESG Trend In Real Estate Development In Vietnam Market
ESG trend in real estate development in Vietnam market
In Vietnam, the ESG trend in real estate is gradually becoming more important with the development of the real estate industry and increased awareness of environmental and social issues.
Many real estate investors in Vietnam are changing their approach to developing real estate projects. They are focusing on building sustainable real estate projects, optimizing energy use, minimizing waste, protecting the environment, and creating jobs for the local community. ESG standards are also being applied to evaluate and manage real estate projects, from planning to design, construction, and operation.
In addition, the policies and regulations of the Government and state management agencies are also aimed at encouraging and promoting the development of sustainable real estate projects.
Mr. Leong Boon Hoe – Founder of Arcadia Consulting Group and CEO of Arcadia Consulting Vietnam (Image: RE Talk Asia)
According to Mr. Leong Boon Hoe – Founder of Arcadia Consulting Group and CEO of Arcadia Consulting Vietnam, “There are two issues that should be focused on in Vietnam at the present time, which are the E factor in the TOD model (transit-oriented development) and TOC (transit-oriented communities) and S in urban planning.”
The Alpha Residence, The 9 Stellars – Investment Opportunities In The ESG Trend
The Alpha Residence, The 9 Stellars is developed based on the TOD model
Not out of the general market trend, SonKim Land has introduced The Alpha Residence, The 9 Stellars – a TOD (Transit-Oriented Development) project, a model of urban development linked to public transportation. This helps reduce traffic congestion, promote the use of public transportation such as buses, metro stations, subways, and contribute to reducing the amount of emissions caused by vehicles.
The Alpha Residence, The 9 Stellars – The most sophisticated smart urban area in East Saigon
In addition, the project is located in a strategic location (adjacent to the Metro Depot station) and fully inherits the premium utility system of The 9 Stellars urban area. Here, you will experience many interesting things from the utility system using the Qualcomm platform, specifically:
- Intelligent parking system
- Self-driving shuttle bus within the compound
- Kiosk and intelligent lighting system
- Intelligent security system
- Sensor system, monitoring, alerting air and water quality
- Efficient smart waste collection system…
With the goal of creating a future living standard, The Alpha Residence has many rare advantages, from strategic location, luxurious design, premium utilities to extremely high added value.
In summary, the project is not only a worthy ideal living place but also a promising investment opportunity in the near future.
If you do not want to miss this attractive investment opportunity, please contact Realtique for detailed support.
Realtique Co., LTD