After three decades of presence in Vietnam, Keppel has become one of the largest foreign real estate investors with more than 20 licensed projects and a total capital of over 3.5 billion USD.

 

 

 

 

From 30 years of making a mark…

 

Keppel is a pioneering foreign investor exploring Vietnam's real estate market since 1991. Less than a year later, Keppel developed International Center, the first international standard office building in Hanoi. To date, the Group has developed a portfolio of quality residential projects such as Villa Riviera, Riviera Cove, The Estella, Estella Heights, Empire City, Riviera Point, Celesta City... and Grade A and mid-range office buildings. Commercial centers in the central area of ​​Ho Chi Minh City such as Saigon Center and Estella Place

 

Keppel currently allocates more than 12% of the total value of assets in the urban development segment (equivalent to 1.52 billion USD) into Vietnam, only behind Singapore and China markets.

 

The total construction floor area of ​​all segments that Keppel has been developing in Vietnam is more than 400,000 m2, accounting for 24% of the group's total floor area globally. This is the result of the group's pioneering spirit of creating modern urban spaces, and demonstrates close cooperation with many partners such as Khang Dien, Phu Long, Tien Phuoc, Tran Thai, and Gaw Capital.

 

Keppel's projects have contributed to significantly changing the urban appearance of Ho Chi Minh City. Sustainability and intelligence are Keppel's top concerns when implementing the project, through maximum exploitation of technology and environmentally friendly materials.

 

The quality and design of projects developed by Keppel are guaranteed by a series of prestigious domestic and foreign awards. In 2022, Keppel won 12 awards at the PropertyGuru Vietnam Property Awards, including the categories of Best Sustainable Real Estate Developer and Best Mixed-Use Real Estate Developer.

 

Keppel's projects in Vietnam always receive positive feedback from residents and tenants. The absorption rate of shopping carts introduced to the market of Empire City, Riviera Point and Celesta Heights are all above 99%, while Saigon Center and Estella Place shopping centers always maintain an annual occupancy rate of 100%. This is also the place to choose to send gold to famous brands such as Chanel, Hublot, Tag Heuer, Uniqlo, Dsquare... Saigon Center Grade A Office Building, towers 1 and 2 are also where the headquarters of multinational companies are located. Parties such as AIA, DBS, Mitsubishi, ANZ, Shopee, Lazada, Singapore Consulate General... Saigon Center Tower 2 also has the Sedona Suites luxury serviced apartment area, which provides accommodation services for senior experts of companies. companies and international organizations in Vietnam.

 

Keppel also focuses on developing social housing through holding 8.17% shares of Nam Long, the leading developer of affordable apartment projects in Vietnam.

 

… to the sustainable vision in Vietnam

 

Continuously expanding the investment portfolio not only affirms Keppel's strong financial potential, but also shows Keppel's desire to contribute to urban development and long-term commitment to the Vietnamese market.

 

To anticipate new opportunities, the Group has carried out many large-scale mergers and acquisitions (M&A) deals.

 

In early 2022, Keppel cooperates with Phu Long and plans to invest VND 2,715 billion to develop 3 land plots in the Mailand Hanoi project and spend VND 3,180 billion to buy shares in two Khang Dien projects in mid-2023 to develop the complex. sustainable population and urban areas. Most recently, the Group signed an agreement worth VND 1,230 billion to invest in a commercial center in Hanoi.

 

 

 

Representatives of Keppel and Khang Dien at the Memorandum of Understanding exchange ceremony.

 

Besides real estate, Keppel also made strong progress in the energy segment through the opening of the Head Operations Center (ONC) and signing contracts worth more than 70 million USD to provide "energy-saving" solutions. long-term quality-as-a-service (EaaS).

 

Recently, Keppel has also actively implemented social responsibility (CSR) programs. In the past three years, the group has spent nearly 14 billion VND to support less fortunate people, protect the environment and encourage educational development.

 

In March and August this year, the Group donated saline water filtration systems to the two provinces of Tien Giang and Ca Mau, providing clean water to more than 40,000 people living in areas seriously affected by climate change. drought and saltwater intrusion. This is a continuation of the Living Well project first implemented by the Group in 2022.

 

 

 

 

Mr. Joseph Low (right), President of Real Estate, Keppel Group in Vietnam and representative of the leadership of the People's Committee of Phu Dong commune, Tan Phu Dong district, Tien Giang province at the ceremony awarding the contaminated water filtration system Living Well saltwater in Tien Giang province.

 

In addition, Keppel also provides solutions to minimize the impact of climate change. The Group has reduced a total of 39,000 tons of carbon emissions from projects that have achieved Green Mark Awards certification from the Singapore Construction and Management Authority (BCA) such as Estella Heights and Palm Heights. These projects also saved more than 60 million kWh of electricity, equivalent to 264 billion VND thanks to the application of many energy optimization solutions.

 

Up to now, Keppel has achieved 12 BCA Green Mark Awards for projects in Vietnam.

 

Safety at work is also one of the factors that Keppel focuses on. Since 2011, Keppel's Safety Training Center (SAC) in Ho Chi Minh City has organized and trained more than 41,000 contractor workers with 257,000 hours of training on labor and construction safety.

 

In addition, Keppel also invests heavily in developing high-quality human resources, building a transparent working environment and training the next generation of employees with the spirit of dedication to the country.

 

"Through diversifying sustainable urban space solutions, applying exclusive information technology as well as the ability to access quality investment capital, the group is and will strive to maintain its position as an investor. pioneering foreign real estate investment, thereby extending the journey of creating good values ​​and contributing to the sustainable development of Vietnam," a Keppel representative shared.