Surbana Jurong and Kim Oanh Group enter a strategic cooperation to deliver real estate projects in Southern Vietnam
Singapore, 19 July 2023 – Surbana Jurong Group and Kim Oanh Group have entered a strategic cooperation to jointly work on residential projects, resorts, and office buildings in the southern region of Vietnam. Under the strategic cooperation, Surbana Jurong will provide master planning, urban planning, and architectural design services for commercial and social housing projects that Kim Oanh Group is planning to develop in the third quarter of 2023.
The strategic cooperation with Surbana Jurong marks a significant milestone for Kim Oanh Group since its establishment 15 years ago. Kim Oanh Group is leveraging Surbana Jurong’s extensive experience in designing and delivering public homes in Singapore to adapt Singapore’s public housing development standards in Vietnam. Surbana Jurong is renowned for its extensive contributions to social housing developments in Singapore, having built over one million homes, contributing to 80 per cent of the nation’s public housing.
“Signing the strategic cooperation with Surbana Jurong positions Kim Oanh Group as a pioneer in developing social housing with Singapore standards in Vietnam. The distinctive housing projects will meet all three criteria of ‘Practicality, Humanity and Sustainability’. Notably, it offers ease of ownership while guaranteeing exceptional quality and providing a green, clean, safe, and fully equipped living environment comparable to commercial residential projects,” shared Madam Dang Thi Kim Oanh, Chairman and CEO of Kim Oanh Group.
Mr Yeo Siew Haip, CEO of SJ Global Architecture (ASEAN and North Asia) in Surbana Jurong, said, “We are honoured to work with Kim Oanh Group and to bring Singapore’s best practices in the design of public housing to Kim Oanh Group’s projects in South Vietnam. Surbana Jurong’s multidisciplinary expertise in delivering residential projects globally, particularly in Singapore, and our presence in Vietnam place us in good stead to bring complementary capabilities to the collaboration.”
Kim Oanh Group currently owns a land bank of about 500 hectares in vibrant development areas such as Binh Duong, Dong Nai, Ba Ria Vung Tau and Phu Quoc Island (Kien Giang). These are significant projects serving different market segments. Kim Oanh Group plans to develop 25,000 low-rise and high-rise social housing products in Binh Duong and Dong Nai Provinces, in response to the Vietnam government’s plan to build one million low-cost houses and social housing to improve the lives of the community. Kim Oanh Group is set to unveil its groundbreaking social housing project in Binh Duong Province in the third quarter of this year.
Kim Oanh Group, leveraging its extensive experience in the real estate market, aims to establish itself as a multi-industry investment group. In pursuit of this vision, the company is actively seeking foreign partners to collaborate on the development of high-quality, large-scale real estate projects, with the ultimate goal of enhancing the living experience for the people of Vietnam. Prior to the alliance with Surbana Jurong, Kim Oanh Group forged a strategic cooperation agreement earlier this year with Sumitomo Forestry, a prominent Japanese multi-industry conglomerate.
About Kim Oanh Group
Kim Oanh Group is a multi-industry investment group that has been established and developed for 15 years with a business system of about 1,000 employees in the southern region. Currently, Kim Oanh Group has successfully developed more than 50 quality real estate projects in Binh Duong, Dong Nai and Ho Chi Minh City. Besides residential property development, Kim Oanh Group is now expanding its investment into other real estate areas such as real estate tourism – resort, education, healthcare, community development and social security.
Website: https://kimoanhgroup.vn/
About Surbana Jurong
Surbana Jurong Group is a global urban, infrastructure and managed services consulting firm, with over 70 years of track record in successful project delivery. Headquartered in Singapore, the group has a global talent pool of about 16,000 across Surbana Jurong and our member companies AETOS, Atelier Ten, B+H, KTP, Prostruct, RBG, SAA, Sino-Sun and SMEC, based in more than 120 offices in over 40 countries. They include architects, designers, planners, engineers and other specialists driven by progressive thinking and creative ideas to help shape a better future. Surbana Jurong has built more than a million homes in Singapore, created master plans in more than 60 countries and developed over 100 industrial parks globally. In Vietnam, Surbana Jurong has gained significant success in the fields of master plan, urban design, residential township planning and architectural design.
