Vinhomes Green Paradise, a prominent development by Vietnamese real estate giant Vinhomes, has officially joined the global "7 Wonders of Future Cities" campaign. This initiative aims to identify and celebrate urban projects that exemplify innovative planning, sustainability, and advanced infrastructure.
As smart cities gain increasing global attention, the entry of Vinhomes Green Paradise, located in Can Gio, Ho Chi Minh City, has drawn focus to the essential characteristics that define a truly world-class smart city. Real estate experts highlight several key pillars for success: robust infrastructure efficiency, comprehensive sustainability, and an elevated quality of life for residents.
Defining a World-Class Smart City
According to industry professionals, the true measure of a smart city extends beyond mere technological adoption. Varun Garg, Director at Karyan Group, points to the importance of IoT-enabled utilities, intelligent traffic management systems, and widespread renewable energy adoption. He also stresses the value of walkable neighborhoods, which not only enhance efficiency but also contribute to long-term property values and resident well-being.
Garg further emphasized that data-driven governance and integrated urban planning are critical for fostering infrastructure resilience and attracting both residents and investors. These elements collectively boost occupier demand and investment potential.
Holistic Infrastructure and Human-Centric Design
Aman Sarin, Director & CEO of Anant Raj Limited, underscored the necessity of integrated infrastructure planning, particularly in rapidly expanding urban centers. Sarin articulated that a smart city's success should primarily be judged by its tangible improvements to people's lives, not just the sophistication of its technology. He cited ISO 37120 as a vital framework for evaluating performance across crucial areas like mobility, energy efficiency, water management, safety, and overall quality of life.
Manik Manik, CEO and President of BPTP, identified transportation, energy efficiency, water management, air quality, and public safety as paramount indicators. He added that accessibility, the provision of green spaces, and reliable civic services are equally important in ensuring that smart city investments deliver concrete benefits to inhabitants.
Vinhomes' Global Ambitions
Vinhomes Green Paradise has already achieved Provisional Custom ISO 37122 Certification from the World Council on City Data (WCCD), acknowledging its adherence to established smart-city indicators. However, experts note that while this provisional certification is a positive step, the project's long-term environmental performance and overall success will ultimately depend on effective implementation and ongoing commitment to its ambitious sustainability and infrastructure goals.
Vinhomes currently manages 32 operating developments serving approximately 650,000 residents and is actively exploring expansion opportunities in various international markets, including India, Australia, Indonesia, the Philippines, and Congo. The company's broader portfolio also includes significant projects like Vinhomes Global Gate Ha Long, representing substantial investment. For Green Paradise, securing international recognition could significantly bolster Vietnam's standing in the global real estate sector.